Rectory Lane - SM7 3PE
Key Postcode Insights
SM7 3PE is a residential postcode situated on Rectory Lane, Banstead, SM7 with 30 addresses.
It ranks as the 376th largest and 112th 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 30 properties: 26 houses and 4 flats.
- Ave. Sale Price
- £442,170
- 10 Year change
- up 11.5%
- Ave. Rental Price
- £2,122pcm
- 10 Year change
- up 39.1%
- Ave. £ per ft²
- £496/ft²
- Ave. Gross Yield
- 5.8%/year/yr
Key Postcode Insights
SM7 3PE is a residential postcode situated on Rectory Lane, Banstead, SM7 with 30 addresses.
It ranks as the 376th largest and 112th 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 30 properties: 26 houses and 4 flats.
- Ave. Sale Price
- £442,170
- 10 Year change
- up 11.5%
- Ave. Rental Price
- £2,122pcm
- 10 Year change
- up 39.1%
- Ave. £ per ft²
- £496/ft²
- Ave. Gross Yield
- 5.8%/year/yr
Explore Propertiesin SM7 3PE
- Kents Field
Building  |  4 Flats
- 39 Rectory Lane
Unknown
- 41 Rectory Lane
Unknown
- 43 Rectory Lane
3 Bed Early-century House
- 45 Rectory Lane
Unknown
Sales Market Trends
The last sale in SM7 3PE sold for £625,000 on 26th February 2026. Since then prices are down an average of 0.2%.
The current average value in the postcode is £442,170.
The SM7 3PE Sales Market has increased by 11.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.4% | £442,170 |
| June 2025 | 1% | £452,894 |
| June 2024 | -1% | £448,379 |
| June 2023 | -0.8% | £452,788 |
| June 2022 | 7.3% | £456,390 |
| June 2021 | 4.4% | £425,475 |
| June 2020 | 3.4% | £407,555 |
| June 2019 | -1.4% | £394,338 |
| June 2018 | -0.4% | £400,035 |
| June 2017 | 1.4% | £401,840 |
| June 2016 | 12.3% | £396,458 |
| June 2015 | 10.2% | £352,900 |
| June 2014 | 12.9% | £320,228 |
| June 2013 | 3.6% | £283,659 |
| June 2012 | 2.9% | £273,744 |
| June 2011 | -2.4% | £266,110 |
| June 2010 | 12.7% | £272,724 |
| June 2009 | -12.4% | £241,926 |
| June 2008 | -0.4% | £276,087 |
| June 2007 | 0% | £277,297 |
Rental Market Trends
The current average rental value in the postcode is £2,122.
The SM7 3PE Rental Market has increased by 39.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.8% | £2,122pcm |
| June 2025 | 3.9% | £2,044pcm |
| June 2024 | 4.6% | £1,968pcm |
| June 2023 | 12.5% | £1,882pcm |
| June 2022 | 6.7% | £1,673pcm |
| June 2021 | 3.1% | £1,569pcm |
| June 2020 | 2.8% | £1,522pcm |
| June 2019 | 0.9% | £1,480pcm |
| June 2018 | 0.5% | £1,467pcm |
| June 2017 | -4.4% | £1,459pcm |
| June 2016 | 6.9% | £1,525pcm |
| June 2015 | 7.1% | £1,427pcm |
| June 2014 | 3.4% | £1,332pcm |
| June 2013 | 5.1% | £1,288pcm |
| June 2012 | 3.1% | £1,225pcm |
| June 2011 | 3.4% | £1,188pcm |
| June 2010 | 5.1% | £1,149pcm |
| June 2009 | -8.7% | £1,093pcm |
| June 2008 | 6.2% | £1,197pcm |
| June 2007 | 0% | £1,127pcm |
Sales History
The last sale was on 26th February 2026 for £625,000 and since then the market in the area has decreased by 0.2%. The postcode has had a total of 44 sales since 1995.
SM7 3PE has seen 8 sales in the last three years and 3 sales in the last twelve months.
- Sold Feb 2026£625,000 | 3 Bed House81, Rectory Lane, Banstead, SM7 3PE81, Rectory Lane, Banstead, SM7 3PE
- Sold Dec 2025£370,000 | 3 Bed House79, Rectory Lane, Banstead, SM7 3PE79, Rectory Lane, Banstead, SM7 3PE
- Sold Sep 2025£470,000 | 3 Bed House69, Rectory Lane, Banstead, SM7 3PE69, Rectory Lane, Banstead, SM7 3PE
- Sold Sep 2024£440,000 | 3 Bed House61, Rectory Lane, Banstead, SM7 3PE61, Rectory Lane, Banstead, SM7 3PE
- Sold Jun 2024£372,000 | 3 Bed House81, Rectory Lane, Banstead, SM7 3PE81, Rectory Lane, Banstead, SM7 3PE
Nearby Postcodes
SM7 3PE is the 376th largest and the 112th most expensive postcode out of the 438 postcodes in the SM7 area.
- SM7 3PG, Hempshaw Avenue, Banstead, SM7SM7 3PG26 Addresses|59 m away
- SM7 3PH, Hempshaw Avenue, Banstead, SM7SM7 3PH5 Addresses|87 m away
- SM7 3PQ, Hempshaw Avenue, Banstead, SM7SM7 3PQ14 Addresses|100 m away
- SM7 3PJ, Prestbury Crescent, Banstead, SM7SM7 3PJ49 Addresses|151 m away
- SM7 3PF, Manor Way, Banstead, SM7SM7 3PF10 Addresses|154 m away
Property Types
- 1 house of an unknown age
- 15 early-century houses built between 1912 and 1935
- 14 other addresses of unknown type
- house (1)
- early-century house (15)
- Unknown (14)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 15 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (0)
- C (3)
- G (0)
- D (11)
- No EPC (15)
Top 3 Most Expensive Sales
- Sold Aug 2012£1,999,999 | 5 Bed HouseManor House, Rectory Lane, Banstead, SM7 3NRManor House, Rectory Lane, Banstead, SM7 3NR
- Sold Nov 2007£900,000 | 5 Bed HouseBlencathra, Rectory Lane, Banstead, SM7 3PABlencathra, Rectory Lane, Banstead, SM7 3PA
- Sold May 2011£850,000 | 5 Bed HouseThe Old School House, Rectory Lane, Banstead, SM7 3PBThe Old School House, Rectory Lane, Banstead, SM7 3PB
Schools Nearby
- Chipstead Valley Primary School500 m away
- Woodmansterne Primary School1.0 km away
- St Aidan's Catholic Primary School1.5 km away
- Woodcote High School2.3 km away
- Oaks Park High School3.1 km away
- The Beacon School3.4 km away
More reading links
Public Transport Nearby
The closest station to SM7 3PE is Woodmansterne station, which is 900 metres away.
- Woodmansterne|900 m away
- Chipstead|1.1 km away
- Coulsdon South|2.1 km away
- Coulsdon Town|2.3 km away
