Chipstead Way - SM7 3LQ
Key Postcode Insights
SM7 3LQ is a residential postcode situated on Chipstead Way, Banstead, SM7 with 21 addresses.
It ranks as the 288th largest and 304th most expensive of the 438 postcodes in the SM7 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 21 properties: 21 houses.
- Ave. Sale Price
- £822,857
- 10 Year change
- up 18.5%
- Ave. Rental Price
- £3,012pcm
- 10 Year change
- up 48.3%
- Ave. £ per ft²
- £519/ft²
- Ave. Gross Yield
- 4.4%/year/yr
Key Postcode Insights
SM7 3LQ is a residential postcode situated on Chipstead Way, Banstead, SM7 with 21 addresses.
It ranks as the 288th largest and 304th most expensive of the 438 postcodes in the SM7 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 21 properties: 21 houses.
- Ave. Sale Price
- £822,857
- 10 Year change
- up 18.5%
- Ave. Rental Price
- £3,012pcm
- 10 Year change
- up 48.3%
- Ave. £ per ft²
- £519/ft²
- Ave. Gross Yield
- 4.4%/year/yr
Explore Propertiesin SM7 3LQ
- 212 Chipstead Way
House
- 214 Chipstead Way
5 Bed Mid-century House
- 216 Chipstead Way
House
- 218 Chipstead Way
House
- 220 Chipstead Way
House
Sales Market Trends
The last sale in SM7 3LQ sold for £600,000 on 21st February 2025. Since then prices are down an average of 1.0%.
The current average value in the postcode is £822,857.
The SM7 3LQ Sales Market has increased by 18.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.7% | £822,857 |
| June 2025 | 0.7% | £837,196 |
| June 2024 | -1.3% | £831,245 |
| June 2023 | -1.7% | £842,036 |
| June 2022 | 9.6% | £856,204 |
| June 2021 | 6.9% | £781,442 |
| June 2020 | 4.1% | £731,219 |
| June 2019 | 0% | £702,403 |
| June 2018 | -0.8% | £702,735 |
| June 2017 | 2% | £708,321 |
| June 2016 | 10.6% | £694,494 |
| June 2015 | 7.2% | £627,968 |
| June 2014 | 13.1% | £585,809 |
| June 2013 | 3.9% | £517,941 |
| June 2012 | 2.4% | £498,556 |
| June 2011 | -0.8% | £486,765 |
| June 2010 | 17.8% | £490,811 |
| June 2009 | -10.5% | £416,652 |
| June 2008 | 0% | £465,769 |
| June 2007 | 0% | £465,785 |
Rental Market Trends
The current average rental value in the postcode is £3,012.
The SM7 3LQ Rental Market has increased by 48.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.2% | £3,012pcm |
| June 2025 | 3.4% | £2,920pcm |
| June 2024 | 3.8% | £2,824pcm |
| June 2023 | 12.9% | £2,721pcm |
| June 2022 | 8.3% | £2,410pcm |
| June 2021 | 4.6% | £2,226pcm |
| June 2020 | 5% | £2,127pcm |
| June 2019 | 2.4% | £2,026pcm |
| June 2018 | 2.4% | £1,979pcm |
| June 2017 | -4.9% | £1,932pcm |
| June 2016 | 4.9% | £2,031pcm |
| June 2015 | 4.7% | £1,936pcm |
| June 2014 | 3.6% | £1,849pcm |
| June 2013 | 5.2% | £1,785pcm |
| June 2012 | 2.6% | £1,697pcm |
| June 2011 | 5.2% | £1,654pcm |
| June 2010 | 9.6% | £1,573pcm |
| June 2009 | -6.3% | £1,436pcm |
| June 2008 | 6.3% | £1,533pcm |
| June 2007 | 0% | £1,443pcm |
Sales History
The last sale was on 21st February 2025 for £600,000 and since then the market in the area has decreased by 1.0%. 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 House242, Chipstead Way, Banstead, SM7 3LQ242, Chipstead Way, Banstead, SM7 3LQ
- Sold Sep 2024£765,000 | 4 Bed House228, Chipstead Way, Banstead, SM7 3LQ228, Chipstead Way, Banstead, SM7 3LQ
- Sold Dec 2023£845,000 | 4 Bed House240, Chipstead Way, Banstead, SM7 3LQ240, Chipstead Way, Banstead, SM7 3LQ
- Sold Jan 2022£915,000 | 4 Bed House232, Chipstead Way, Banstead, SM7 3LQ232, Chipstead Way, Banstead, SM7 3LQ
- Sold Jan 2020£600,000 | 3 Bed House224, Chipstead Way, Banstead, SM7 3LQ224, Chipstead Way, Banstead, SM7 3LQ
Nearby Postcodes
SM7 3LQ is the 288th largest and the 304th most expensive postcode out of the 438 postcodes in the SM7 area.
- SM7 3JN, Chipstead Way, Banstead, SM7SM7 3JN23 Addresses|43 m away
- SM7 3PU, Upper Pines, Banstead, SM7SM7 3PU31 Addresses|114 m away
- SM7 3PX, Upper Pines, Banstead, SM7SM7 3PX19 Addresses|169 m away
- SM7 3PZ, Upper Pines, Banstead, SM7SM7 3PZ6 Addresses|188 m away
- SM7 3JW, Chipstead Way, Banstead, SM7SM7 3JW15 Addresses|213 m away
Property Types
- 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 Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 10 properties.
- The most common rating is D.
- A (0)
- E (2)
- B (0)
- F (0)
- C (1)
- G (0)
- D (7)
- No EPC (11)
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 School800 m away
- Woodmansterne Primary School1.4 km away
- St Aidan's Catholic Primary School1.8 km away
- Woodcote High School2.7 km away
- The Beacon School3.0 km away
- Oaks Park High School3.4 km away
More reading links
Public Transport Nearby
The closest station to SM7 3LQ is Chipstead station, which is 700 metres away.
- Chipstead|700 m away
- Woodmansterne|1.3 km away
- Coulsdon South|2.3 km away
- Coulsdon Town|2.7 km away
