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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 3LQHouse Prices / South East, Reigate and Banstead, Chipstead Way
Last updated May 2026
Key Postcode Insights
SM7 3LQ is a residential postcode situated on Chipstead Way, Banstead, SM7 with 21 addresses.
It ranks as the 289th largest and 285th most expensive of the 439 postcodes in the SM7 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 21 properties: 21 houses.
21
Properties
- Houses
Key Postcode Insights
SM7 3LQ is a residential postcode situated on Chipstead Way, Banstead, SM7 with 21 addresses.
It ranks as the 289th largest and 285th most expensive of the 439 postcodes in the SM7 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 21 properties: 21 houses.
21
Properties
- Houses
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House Pricesin SM7 3LQ
Sale prices range from £642,531 for 3 bedroom freehold houses with a garden (1,022 ft2) to £1,111,069 for 5 bedroom freehold houses with a garden (2,680 ft2) .
Monthly rental prices range from £2,459 pcm for 3 bed houses to £3,543 pcm for 5 bed houses.
The gross rental yield is between 3.8% and 5.3%.
The average value per square foot is £533.
Average Sale Value
£768,126
Average Rental Value
£2,898 pcm
Average Rental Yield
4.5% /year
Average Value Per Sqft
£533 /ft2
Sales Market Trendsin SM7 3LQ
The last sale in SM7 3LQ sold for £600,000 on 21st February 2025. Since then prices are down an average of 3.0%.
The current average value in the postcode is £768,126.
The SM7 3LQ Sales Market has increased by 18.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -3.3% | £768,126 |
| April 2025 | 0.9% | £794,560 |
| April 2024 | -2.7% | £787,819 |
| April 2023 | 0.8% | £809,275 |
| April 2022 | 10.5% | £802,965 |
| April 2021 | 5.7% | £726,614 |
| April 2020 | 2.7% | £687,365 |
| April 2019 | -0.4% | £669,020 |
| April 2018 | -0.1% | £671,405 |
| April 2017 | 3.7% | £671,999 |
| April 2016 | 10.2% | £647,843 |
| April 2015 | 8.5% | £587,689 |
| April 2014 | 12.3% | £541,672 |
| April 2013 | 8.3% | £482,398 |
| April 2012 | 2.8% | £445,579 |
| April 2011 | 0.7% | £433,525 |
| April 2010 | 10.7% | £430,542 |
| April 2009 | -12.5% | £389,006 |
| April 2008 | 3.5% | £444,679 |
| April 2007 | 0% | £429,777 |
Rental Market Trendsin SM7 3LQ
The current average rental value in the postcode is £2,898.
The SM7 3LQ Rental Market has increased by 46.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.6% | £2,898pcm |
| April 2025 | 3.8% | £2,825pcm |
| April 2024 | 3.6% | £2,723pcm |
| April 2023 | 14% | £2,628pcm |
| April 2022 | 7.5% | £2,306pcm |
| April 2021 | 5% | £2,145pcm |
| April 2020 | 4% | £2,042pcm |
| April 2019 | 2.3% | £1,963pcm |
| April 2018 | 2% | £1,920pcm |
| April 2017 | -4.7% | £1,883pcm |
| April 2016 | 5.3% | £1,976pcm |
| April 2015 | 5.9% | £1,876pcm |
| April 2014 | 3.5% | £1,772pcm |
| April 2013 | 9.1% | £1,713pcm |
| April 2012 | 5.1% | £1,570pcm |
| April 2011 | 3.6% | £1,493pcm |
| April 2010 | 4% | £1,441pcm |
| April 2009 | -5.6% | £1,385pcm |
| April 2008 | 6.7% | £1,467pcm |
| April 2007 | 0% | £1,375pcm |
Explore Propertiesin SM7 3LQ, Chipstead Way, Banstead, SM7
- 212, Chipstead Way, Banstead, SM7 3LQ
- 214, Chipstead Way, Banstead, SM7 3LQ5 bed mid-century house
- 216, Chipstead Way, Banstead, SM7 3LQ
- 218, Chipstead Way, Banstead, SM7 3LQ
- 220, Chipstead Way, Banstead, SM7 3LQ
- 222, Chipstead Way, Banstead, SM7 3LQ4 bed mid-century house
- 224, Chipstead Way, Banstead, SM7 3LQ3 bed mid-century house
- 226, Chipstead Way, Banstead, SM7 3LQ
- 228, Chipstead Way, Banstead, SM7 3LQ4 bed mid-century house
- 230, Chipstead Way, Banstead, SM7 3LQ
- 232, Chipstead Way, Banstead, SM7 3LQ4 bed mid-century house
- 234, Chipstead Way, Banstead, SM7 3LQ
- 236, Chipstead Way, Banstead, SM7 3LQ
- 238, Chipstead Way, Banstead, SM7 3LQ
- 240, Chipstead Way, Banstead, SM7 3LQ4 bed mid-century house
- 242, Chipstead Way, Banstead, SM7 3LQ4 bed early-century house
- 244, Chipstead Way, Banstead, SM7 3LQ
- 248A, Chipstead Way, Banstead, SM7 3LQ3 bed mid-century house
- 248B, Chipstead Way, Banstead, SM7 3LQ4 bed modern house
- 248, Chipstead Way, Banstead, SM7 3LQ
- 250, Chipstead Way, Banstead, SM7 3LQ5 bed mid-century house
Sales Historyin SM7 3LQ
The last sale was on 21st February 2025 for £600,000 and since then the market in the area has decreased by 3.0%. The postcode has had a total of 17 sales since 1995.
SM7 3LQ has seen 3 sales in the last three years and no sales in the last twelve months.
Sold Feb 2025£600,000 | 4 Bed HouseChipstead Way242, Chipstead Way, Banstead, SM7 3LQ
Sold Sep 2024£765,000 | 4 Bed HouseChipstead Way228, Chipstead Way, Banstead, SM7 3LQ
Sold Dec 2023£845,000 | 4 Bed HouseChipstead Way240, Chipstead Way, Banstead, SM7 3LQ
Sold Jan 2022£915,000 | 4 Bed HouseChipstead Way232, Chipstead Way, Banstead, SM7 3LQ
Sold Jan 2020£600,000 | 3 Bed HouseChipstead Way224, Chipstead Way, Banstead, SM7 3LQ
Sold May 2019£585,000 | 5 Bed HouseChipstead Way214, Chipstead Way, Banstead, SM7 3LQ
Sold Jun 2017£571,000 | 3 Bed HouseChipstead Way248A, Chipstead Way, Banstead, SM7 3LQ
Sold Feb 2017£967,000 | 5 Bed HouseChipstead Way250, Chipstead Way, Banstead, SM7 3LQ
Sold Mar 2016£735,000 | 4 Bed HouseChipstead Way248B, Chipstead Way, Banstead, SM7 3LQ
Sold May 2013£560,000 | 4 Bed HouseChipstead Way232, Chipstead Way, Banstead, SM7 3LQ
Sold Nov 2009£400,000 | 5 Bed HouseChipstead Way250, Chipstead Way, Banstead, SM7 3LQ
Sold Dec 2002£325,000 | 4 Bed HouseChipstead Way226, Chipstead Way, Banstead, SM7 3LQ
Sold Nov 1999£194,000 | 4 Bed HouseChipstead Way236, Chipstead Way, Banstead, SM7 3LQ
Sold Nov 1999£464,000 | 4 Bed HouseChipstead Way248, Chipstead Way, Banstead, SM7 3LQ
Sold Aug 1998£189,950 | 4 Bed HouseChipstead Way238, Chipstead Way, Banstead, SM7 3LQ
Sold Jun 1998£340,000 | 4 Bed HouseChipstead Way248, Chipstead Way, Banstead, SM7 3LQ
Sold Jan 1995£140,000 | 5 Bed HouseChipstead Way250, Chipstead Way, Banstead, SM7 3LQ
Nearby Postcodesto SM7 3LQ
SM7 3LQ is the 289th largest and the 285th most expensive postcode out of the 439 postcodes in the SM7 area.
- 43 mSM7 3JN, Chipstead Way, Banstead, SM7SM7 3JN23 Addresses
- 114 mSM7 3PU, Upper Pines, Banstead, SM7SM7 3PU31 Addresses
- 169 mSM7 3PX, Upper Pines, Banstead, SM7SM7 3PX19 Addresses
- 188 mSM7 3PZ, Upper Pines, Banstead, SM7SM7 3PZ6 Addresses
- 213 mSM7 3JW, Chipstead Way, Banstead, SM7SM7 3JW15 Addresses
- 232 mSM7 3PY, Pine Walk, Banstead, SM7SM7 3PY21 Addresses
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Property Typesin SM7 3LQ
- 1 modern house built after 1980
- 8 mid-century houses built between 1936 and 1979
- 1 early-century house built between 1912 and 1935
- 11 other addresses of unknown type
- modern house (1)
- mid-century house (8)
- early-century house (1)
- Unknown (11)
Energy Efficiencyof properties in SM7 3LQ
- Energy Performance Certificate (EPC) surveys conducted for 10 properties.
- The dominant rating is D.
- A (0)
- E (2)
- B (0)
- F (0)
- C (1)
- G (0)
- D (7)
- No EPC (11)
Top 3 Most Expensive Saleson Chipstead Way
Schools Nearbyto SM7 3LQ
The nearest primary school to SM7 3LQ is Chipstead Valley Primary School which is 773 metres away.
- 773mChipstead Valley Primary School
- 1.4kmWoodmansterne Primary School
- 1.8kmSt Aidan's Catholic Primary School
The nearest secondary school is Woodcote High School which is 2.7 kilometres away.
- 2.7kmWoodcote High School
- 3.0kmThe Beacon School
- 3.4kmOaks Park High School
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Public Transport Nearbyto SM7 3LQ
The closest station to SM7 3LQ is Chipstead station which is 700 metres away.
- 682mChipstead
- 1.3kmWoodmansterne
- 2.3kmCoulsdon South
- 2.7kmCoulsdon Town
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