Chipstead Way - SM7 3LH
Key Postcode Insights
SM7 3LH is a residential postcode situated on Chipstead Way, Banstead, SM7 with 6 addresses.
It ranks as the 87th largest and 277th most expensive of the 438 postcodes in the SM7 area. The most common property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 6 properties: 6 houses.
- Ave. Sale Price
- £739,444
- 10 Year change
- up 19.0%
- Ave. Rental Price
- £2,918pcm
- 10 Year change
- up 47.5%
- Ave. £ per ft²
- £476/ft²
- Ave. Gross Yield
- 4.7%/year/yr
Key Postcode Insights
SM7 3LH is a residential postcode situated on Chipstead Way, Banstead, SM7 with 6 addresses.
It ranks as the 87th largest and 277th most expensive of the 438 postcodes in the SM7 area. The most common property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 6 properties: 6 houses.
- Ave. Sale Price
- £739,444
- 10 Year change
- up 19.0%
- Ave. Rental Price
- £2,918pcm
- 10 Year change
- up 47.5%
- Ave. £ per ft²
- £476/ft²
- Ave. Gross Yield
- 4.7%/year/yr
Explore Propertiesin SM7 3LH
- 256 Chipstead Way
4 Bed Early-century House
- 258 Chipstead Way
4 Bed Mid-century House
- 260 Chipstead Way
4 Bed Early-century House
- 262 Chipstead Way
4 Bed House
- 264 Chipstead Way
4 Bed Early-century House
Sales Market Trends
The last sale in SM7 3LH sold for £850,000 on 26th March 2025. Since then prices are up an average of 18.1%.
The current average value in the postcode is £739,444.
The SM7 3LH Sales Market has increased by 19.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.7% | £739,444 |
| June 2025 | 0.9% | £760,351 |
| June 2024 | -1.8% | £753,820 |
| June 2023 | -0.7% | £767,535 |
| June 2022 | 10.4% | £773,008 |
| June 2021 | 5.9% | £700,382 |
| June 2020 | 4% | £661,122 |
| June 2019 | -0.1% | £635,713 |
| June 2018 | 0.6% | £636,465 |
| June 2017 | 1.8% | £632,374 |
| June 2016 | 9.8% | £621,269 |
| June 2015 | 9.5% | £565,737 |
| June 2014 | 12.2% | £516,671 |
| June 2013 | 3.9% | £460,666 |
| June 2012 | 2.9% | £443,287 |
| June 2011 | -0.9% | £430,763 |
| June 2010 | 16.8% | £434,771 |
| June 2009 | -10.8% | £372,198 |
| June 2008 | -0.7% | £417,356 |
| June 2007 | 0% | £420,124 |
Rental Market Trends
The current average rental value in the postcode is £2,918.
The SM7 3LH Rental Market has increased by 47.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.2% | £2,918pcm |
| June 2025 | 3.9% | £2,828pcm |
| June 2024 | 3.5% | £2,722pcm |
| June 2023 | 12.9% | £2,630pcm |
| June 2022 | 9.1% | £2,330pcm |
| June 2021 | 4.3% | £2,136pcm |
| June 2020 | 3.6% | £2,047pcm |
| June 2019 | 1.9% | £1,975pcm |
| June 2018 | 2.1% | £1,938pcm |
| June 2017 | -4.1% | £1,898pcm |
| June 2016 | 5% | £1,979pcm |
| June 2015 | 6.5% | £1,885pcm |
| June 2014 | 2.7% | £1,770pcm |
| June 2013 | 5.7% | £1,724pcm |
| June 2012 | 3.1% | £1,631pcm |
| June 2011 | 4.8% | £1,582pcm |
| June 2010 | 9.1% | £1,510pcm |
| June 2009 | -7.7% | £1,384pcm |
| June 2008 | 5.6% | £1,500pcm |
| June 2007 | 0% | £1,421pcm |
Sales History
The last sale was on 26th March 2025 for £850,000 and since then the market in the area has increased by 18.1%. 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 House264, Chipstead Way, Banstead, SM7 3LH264, Chipstead Way, Banstead, SM7 3LH
- Sold Oct 2016£640,000 | 4 Bed House258, Chipstead Way, Banstead, SM7 3LH258, Chipstead Way, Banstead, SM7 3LH
- Sold Jun 2010£399,000 | 4 Bed House260, Chipstead Way, Banstead, SM7 3LH260, Chipstead Way, Banstead, SM7 3LH
- Sold Nov 2007£525,000 | 4 Bed House262, Chipstead Way, Banstead, SM7 3LH262, Chipstead Way, Banstead, SM7 3LH
- Sold Oct 2006£600,000 | 4 Bed House264, Chipstead Way, Banstead, SM7 3LH264, Chipstead Way, Banstead, SM7 3LH
Nearby Postcodes
SM7 3LH is the 87th largest and the 277th most expensive postcode out of the 438 postcodes in the SM7 area.
- SM7 3JW, Chipstead Way, Banstead, SM7SM7 3JW15 Addresses|74 m away
- SM7 3PZ, Upper Pines, Banstead, SM7SM7 3PZ6 Addresses|157 m away
- SM7 3QA, Pine Walk, Banstead, SM7SM7 3QA29 Addresses|195 m away
- SM7 3PY, Pine Walk, Banstead, SM7SM7 3PY21 Addresses|244 m away
- SM7 3LJ, Highfield, Banstead, SM7SM7 3LJ17 Addresses|267 m away
Property Types
- 1 mid-century house built between 1936 and 1979
- 1 house of an unknown age
- 3 early-century houses built between 1912 and 1935
- 1 other address of unknown type
- mid-century house (1)
- house (1)
- early-century house (3)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 4 properties.
- The most common rating is E.
- A (0)
- E (2)
- B (0)
- F (2)
- C (0)
- G (0)
- D (0)
- No EPC (2)
Top 3 Most Expensive Sales
- Sold Feb 2017£967,000 | 5 Bed House250, Chipstead Way, Banstead, SM7 3LQ250, Chipstead Way, Banstead, SM7 3LQ
- Sold Aug 2025£920,000 | 5 Bed House237, Chipstead Way, Banstead, SM7 3JN237, Chipstead Way, Banstead, SM7 3JN
- Sold Jan 2022£915,000 | 4 Bed House232, Chipstead Way, Banstead, SM7 3LQ232, Chipstead Way, Banstead, SM7 3LQ
Schools Nearby
- Chipstead Valley Primary School700 m away
- Woodmansterne Primary School1.7 km away
- St Aidan's Catholic Primary School1.7 km away
- Woodcote High School2.8 km away
- The Beacon School3.2 km away
- Oaks Park High School3.7 km away
More reading links
Public Transport Nearby
The closest station to SM7 3LH is Chipstead station, which is 400 metres away.
- Chipstead|400 m away
- Woodmansterne|1.2 km away
- Coulsdon South|2.2 km away
- Coulsdon Town|2.7 km away
