Rectory Lane - SM7 3PW
Key Postcode Insights
SM7 3PW is a residential postcode situated on Rectory Lane, Banstead, SM7 with 6 addresses.
It ranks as the 90th largest and 143rd 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 6 properties: 6 houses.
- Ave. Sale Price
- £544,977
- 10 Year change
- up 19.3%
- Ave. Rental Price
- £2,175pcm
- 10 Year change
- up 47.8%
- Ave. £ per ft²
- £683/ft²
- Ave. Gross Yield
- 4.8%/year/yr
Key Postcode Insights
SM7 3PW is a residential postcode situated on Rectory Lane, Banstead, SM7 with 6 addresses.
It ranks as the 90th largest and 143rd 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 6 properties: 6 houses.
- Ave. Sale Price
- £544,977
- 10 Year change
- up 19.3%
- Ave. Rental Price
- £2,175pcm
- 10 Year change
- up 47.8%
- Ave. £ per ft²
- £683/ft²
- Ave. Gross Yield
- 4.8%/year/yr
Explore Propertiesin SM7 3PW
- 27 Rectory Lane
Unknown
- 29 Rectory Lane
3 Bed Mid-century House
- 31 Rectory Lane
3 Bed House
- 33 Rectory Lane
Unknown
- 35 Rectory Lane
Unknown
Sales Market Trends
The last sale in SM7 3PW sold for £555,000 on 26th October 2020. Since then prices are up an average of 11.0%.
The current average value in the postcode is £544,977.
The SM7 3PW Sales Market has increased by 19.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.5% | £544,977 |
| June 2025 | 1.2% | £558,742 |
| June 2024 | -1.6% | £552,133 |
| June 2023 | -0.6% | £561,184 |
| June 2022 | 9.9% | £564,470 |
| June 2021 | 5.9% | £513,607 |
| June 2020 | 4% | £485,110 |
| June 2019 | -0.4% | £466,497 |
| June 2018 | 0.6% | £468,261 |
| June 2017 | 1.9% | £465,665 |
| June 2016 | 10.7% | £456,913 |
| June 2015 | 9.9% | £412,821 |
| June 2014 | 12.8% | £375,749 |
| June 2013 | 4% | £333,097 |
| June 2012 | 2.9% | £320,157 |
| June 2011 | -1.1% | £311,256 |
| June 2010 | 15.9% | £314,636 |
| June 2009 | -11.7% | £271,378 |
| June 2008 | -0.3% | £307,351 |
| June 2007 | 0% | £308,377 |
Rental Market Trends
The current average rental value in the postcode is £2,175.
The SM7 3PW Rental Market has increased by 47.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.5% | £2,175pcm |
| June 2025 | 4.2% | £2,102pcm |
| June 2024 | 3.7% | £2,017pcm |
| June 2023 | 13% | £1,945pcm |
| June 2022 | 8.6% | £1,721pcm |
| June 2021 | 4.3% | £1,584pcm |
| June 2020 | 3.6% | £1,519pcm |
| June 2019 | 1.6% | £1,466pcm |
| June 2018 | 2% | £1,442pcm |
| June 2017 | -4% | £1,414pcm |
| June 2016 | 5.8% | £1,472pcm |
| June 2015 | 6.8% | £1,391pcm |
| June 2014 | 3.3% | £1,302pcm |
| June 2013 | 5.8% | £1,261pcm |
| June 2012 | 3.1% | £1,192pcm |
| June 2011 | 4.7% | £1,156pcm |
| June 2010 | 8.3% | £1,105pcm |
| June 2009 | -8.7% | £1,021pcm |
| June 2008 | 6% | £1,117pcm |
| June 2007 | 0% | £1,055pcm |
Sales History
The last sale was on 26th October 2020 for £555,000 and since then the market in the area has increased by 11.0%. The postcode has had a total of 7 sales since 1995.
SM7 3PW has seen no sales in the last three years and no sales in the last twelve months.
- Sold Oct 2020£555,000 | 4 Bed House37, Rectory Lane, Banstead, SM7 3PW37, Rectory Lane, Banstead, SM7 3PW
- Sold Aug 2016£415,000 | 3 Bed House29, Rectory Lane, Banstead, SM7 3PW29, Rectory Lane, Banstead, SM7 3PW
- Sold Nov 2010£400,000 | 4 Bed House37, Rectory Lane, Banstead, SM7 3PW37, Rectory Lane, Banstead, SM7 3PW
- Sold Oct 2008£249,950 | 3 Bed House31, Rectory Lane, Banstead, SM7 3PW31, Rectory Lane, Banstead, SM7 3PW
- Sold Dec 2006£277,500 | 3 Bed House33, Rectory Lane, Banstead, SM7 3PW33, Rectory Lane, Banstead, SM7 3PW
Nearby Postcodes
SM7 3PW is the 90th largest and the 143rd most expensive postcode out of the 438 postcodes in the SM7 area.
- SM7 3PT, Pine Walk, Banstead, SM7SM7 3PT3 Addresses|48 m away
- SM7 3PP, Rectory Lane, Banstead, SM7SM7 3PP13 Addresses|81 m away
- SM7 3PF, Manor Way, Banstead, SM7SM7 3PF10 Addresses|91 m away
- SM7 3PN, Manor Way, Banstead, SM7SM7 3PN32 Addresses|141 m away
- SM7 3PX, Upper Pines, Banstead, SM7SM7 3PX19 Addresses|175 m away
Property Types
- 2 mid-century houses built between 1936 and 1979
- 1 house of an unknown age
- 3 other addresses of unknown type
- mid-century house (2)
- house (1)
- Unknown (3)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 2 properties.
- The most common rating is B.
- A (0)
- E (0)
- B (1)
- F (0)
- C (0)
- G (0)
- D (1)
- No EPC (4)
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 School400 m away
- Woodmansterne Primary School1.3 km away
- St Aidan's Catholic Primary School1.5 km away
- Woodcote High School2.4 km away
- Oaks Park High School3.3 km away
- The Beacon School3.3 km away
More reading links
Public Transport Nearby
The closest station to SM7 3PW is Chipstead station, which is 800 metres away.
- Chipstead|800 m away
- Woodmansterne|900 m away
- Coulsdon South|2.0 km away
- Coulsdon Town|2.4 km away
