SM7 3NE is a residential postcode situated on Kingscroft Road, Banstead, SM7 with 4 addresses.
It ranks as the 57th largest and 38th most expensive of the 439 postcodes in the SM7 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 4 properties: 4 flats.
SM7 3NE is a residential postcode situated on Kingscroft Road, Banstead, SM7 with 4 addresses.
It ranks as the 57th largest and 38th most expensive of the 439 postcodes in the SM7 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 4 properties: 4 flats.
Sale prices range from £296,598 for 2 bedroom leasehold flats (613 ft2) to £304,841 for 2 bedroom leasehold flats (645 ft2) .
Monthly rental prices range from £1,434 pcm for 2 bed flats to £1,465 pcm for 2 bed flats.
The gross rental yield is between 5.8% and 5.8%.
The average value per square foot is £477.
The last sale in SM7 3NE sold for £315,000 on 23rd October 2023. Since then prices are down an average of 1.1%.
The current average value in the postcode is £300,720.
The SM7 3NE Sales Market has increased by 3.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -1.9% | £300,720 |
| April 2025 | 0.6% | £306,673 |
| April 2024 | -1.7% | £304,789 |
| April 2023 | -0.4% | £309,972 |
| April 2022 | 5.5% | £311,224 |
| April 2021 | 1.9% | £295,012 |
| April 2020 | 1.7% | £289,594 |
| April 2019 | -2.5% | £284,866 |
| April 2018 | -1.3% | £292,237 |
| April 2017 | 2% | £295,968 |
| April 2016 | 13.1% | £290,211 |
| April 2015 | 10.8% | £256,634 |
| April 2014 | 11.3% | £231,703 |
| April 2013 | 3.1% | £208,180 |
| April 2012 | 1.6% | £201,915 |
| April 2011 | -2.1% | £198,753 |
| April 2010 | 5.4% | £202,916 |
| April 2009 | -11.3% | £192,552 |
| April 2008 | 3% | £217,164 |
| April 2007 | 0% | £210,751 |
The current average rental value in the postcode is £1,449.
The SM7 3NE Rental Market has increased by 26.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 4.6% | £1,449pcm |
| April 2025 | 3.1% | £1,385pcm |
| April 2024 | 6% | £1,343pcm |
| April 2023 | 11% | £1,268pcm |
| April 2022 | 3.4% | £1,142pcm |
| April 2021 | 1.9% | £1,105pcm |
| April 2020 | 1.6% | £1,085pcm |
| April 2019 | -0.4% | £1,067pcm |
| April 2018 | -1.6% | £1,072pcm |
| April 2017 | -4.8% | £1,089pcm |
| April 2016 | 8% | £1,145pcm |
| April 2015 | 8.2% | £1,060pcm |
| April 2014 | 2.2% | £980pcm |
| April 2013 | 5% | £958pcm |
| April 2012 | 2.4% | £913pcm |
| April 2011 | 2.5% | £892pcm |
| April 2010 | -1.4% | £870pcm |
| April 2009 | -5.7% | £881pcm |
| April 2008 | 7.6% | £934pcm |
| April 2007 | 0% | £868pcm |
The last sale was on 23rd October 2023 for £315,000 and since then the market in the area has decreased by 1.1%. The postcode has had a total of 13 sales since 1995.
SM7 3NE has seen 1 sale in the last three years and no sales in the last twelve months.
SM7 3NE is the 57th largest and the 38th most expensive postcode out of the 439 postcodes in the SM7 area.
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The closest station to SM7 3NE is Woodmansterne station which is 1.6 kilometres away.
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