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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
SM7 3LHHouse Prices / South East, Reigate and Banstead, Chipstead Way
Last updated May 2026
Key Postcode Insights
SM7 3LH is a residential postcode situated on Chipstead Way, Banstead, SM7 with 6 addresses.
It ranks as the 88th largest and 286th most expensive of the 439 postcodes in the SM7 area.
The postcode contains a total of 6 properties: 6 houses.
6
Properties
- Houses
Key Postcode Insights
SM7 3LH is a residential postcode situated on Chipstead Way, Banstead, SM7 with 6 addresses.
It ranks as the 88th largest and 286th most expensive of the 439 postcodes in the SM7 area.
The postcode contains a total of 6 properties: 6 houses.
6
Properties
- Houses
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House Pricesin SM7 3LH
Sale prices range from £579,954 for 3 bedroom freehold houses with a garden (871 ft2) to £871,255 for 4 bedroom freehold houses with a garden (1,829 ft2) .
Monthly rental prices range from £2,314 pcm for 3 bed houses to £3,130 pcm for 4 bed houses.
The gross rental yield is between 4.3% and 4.8%.
The average value per square foot is £524.
Average Sale Value
£746,429
Average Rental Value
£2,832 pcm
Average Rental Yield
4.6% /year
Average Value Per Sqft
£524 /ft2
Sales Market Trendsin SM7 3LH
The last sale in SM7 3LH sold for £850,000 on 26th March 2025. Since then prices are up an average of 17.3%.
The current average value in the postcode is £746,429.
The SM7 3LH Sales Market has increased by 20.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -3.7% | £746,429 |
| April 2025 | 1.7% | £775,001 |
| April 2024 | -3.4% | £762,032 |
| April 2023 | 2.5% | £788,722 |
| April 2022 | 10.1% | £769,476 |
| April 2021 | 5.1% | £698,607 |
| April 2020 | 2.6% | £664,897 |
| April 2019 | -0.4% | £648,057 |
| April 2018 | 1.7% | £650,959 |
| April 2017 | 3.5% | £640,205 |
| April 2016 | 10.6% | £618,713 |
| April 2015 | 10.7% | £559,186 |
| April 2014 | 11.9% | £505,172 |
| April 2013 | 5.6% | £451,278 |
| April 2012 | 4.2% | £427,309 |
| April 2011 | -0.5% | £410,160 |
| April 2010 | 9.4% | £412,184 |
| April 2009 | -12.1% | £376,932 |
| April 2008 | 2.5% | £428,928 |
| April 2007 | 0% | £418,349 |
Rental Market Trendsin SM7 3LH
The current average rental value in the postcode is £2,832.
The SM7 3LH Rental Market has increased by 46.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3% | £2,832pcm |
| April 2025 | 4.3% | £2,751pcm |
| April 2024 | 4% | £2,637pcm |
| April 2023 | 14.4% | £2,537pcm |
| April 2022 | 7.3% | £2,217pcm |
| April 2021 | 5.2% | £2,067pcm |
| April 2020 | 2.3% | £1,964pcm |
| April 2019 | 1.4% | £1,920pcm |
| April 2018 | 1.2% | £1,892pcm |
| April 2017 | -3.3% | £1,870pcm |
| April 2016 | 6% | £1,934pcm |
| April 2015 | 8.2% | £1,825pcm |
| April 2014 | 2.7% | £1,686pcm |
| April 2013 | 7.9% | £1,642pcm |
| April 2012 | 4.9% | £1,522pcm |
| April 2011 | 4% | £1,451pcm |
| April 2010 | 2.5% | £1,395pcm |
| April 2009 | -7.3% | £1,362pcm |
| April 2008 | 7.3% | £1,469pcm |
| April 2007 | 0% | £1,369pcm |
Explore Propertiesin SM7 3LH, Chipstead Way, Banstead, SM7
Sales Historyin SM7 3LH
The last sale was on 26th March 2025 for £850,000 and since then the market in the area has increased by 17.3%. The postcode has had a total of 7 sales since 1995.
SM7 3LH has seen 1 sale in the last three years and no sales in the last twelve months.
Sold Mar 2025£850,000 | 4 Bed HouseChipstead Way264, Chipstead Way, Banstead, SM7 3LH
Sold Oct 2016£640,000 | 4 Bed HouseChipstead Way258, Chipstead Way, Banstead, SM7 3LH
Sold Jun 2010£399,000 | 4 Bed HouseChipstead Way260, Chipstead Way, Banstead, SM7 3LH
Sold Nov 2007£525,000 | 4 Bed HouseChipstead Way262, Chipstead Way, Banstead, SM7 3LH
Sold Oct 2006£600,000 | 4 Bed HouseChipstead Way264, Chipstead Way, Banstead, SM7 3LH
Sold Apr 2002£385,000 | 4 Bed HouseChipstead Way266, Chipstead Way, Banstead, SM7 3LH
Sold Mar 1996£167,500 | 4 Bed HouseChipstead Way262, Chipstead Way, Banstead, SM7 3LH
Nearby Postcodesto SM7 3LH
SM7 3LH is the 88th largest and the 286th most expensive postcode out of the 439 postcodes in the SM7 area.
- 74 mSM7 3JW, Chipstead Way, Banstead, SM7SM7 3JW15 Addresses
- 157 mSM7 3PZ, Upper Pines, Banstead, SM7SM7 3PZ6 Addresses
- 195 mSM7 3QA, Pine Walk, Banstead, SM7SM7 3QA29 Addresses
- 244 mSM7 3PY, Pine Walk, Banstead, SM7SM7 3PY21 Addresses
- 267 mSM7 3LJ, Highfield, Banstead, SM7SM7 3LJ17 Addresses
- 270 mSM7 3JN, Chipstead Way, Banstead, SM7SM7 3JN23 Addresses
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Property Typesin SM7 3LH
- 1 mid-century house built between 1936 and 1979
- 2 houses of an unknown age
- 1 early-century house built between 1912 and 1935
- 2 other addresses of unknown type
- mid-century house (1)
- house (2)
- early-century house (1)
- Unknown (2)
Energy Efficiencyof properties in SM7 3LH
- Energy Performance Certificate (EPC) surveys conducted for 2 properties.
- The dominant rating is E.
- A (0)
- E (2)
- B (0)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (4)
Top 3 Most Expensive Saleson Chipstead Way
Schools Nearbyto SM7 3LH
The nearest primary school to SM7 3LH is Chipstead Valley Primary School which is 738 metres away.
- 738mChipstead Valley Primary School
- 1.7kmWoodmansterne Primary School
- 1.7kmSt Aidan's Catholic Primary School
The nearest secondary school is Woodcote High School which is 2.8 kilometres away.
- 2.8kmWoodcote High School
- 3.2kmThe Beacon School
- 3.7kmOaks Park High School
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Public Transport Nearbyto SM7 3LH
The closest station to SM7 3LH is Chipstead station which is 400 metres away.
- 413mChipstead
- 1.2kmWoodmansterne
- 2.2kmCoulsdon South
- 2.7kmCoulsdon Town
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