SM7 3RD is a residential postcode situated on Grange Meadow, Banstead, SM7 with 30 addresses.
It ranks as the 378th largest and 303rd 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 30 properties: 30 houses.
SM7 3RD is a residential postcode situated on Grange Meadow, Banstead, SM7 with 30 addresses.
It ranks as the 378th largest and 303rd 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 30 properties: 30 houses.
Sale prices range from £547,378 for 3 bedroom freehold houses with a garden (968 ft2) to £1,089,575 for 5 bedroom freehold houses with a garden (2,292 ft2) .
Monthly rental prices range from £2,347 pcm for 3 bed houses to £3,383 pcm for 5 bed houses.
The gross rental yield is between 3.7% and 5.4%.
The average value per square foot is £585.
The last sale in SM7 3RD sold for £800,000 on 14th June 2024. Since then prices are down an average of 3.1%.
The current average value in the postcode is £782,741.
The SM7 3RD Sales Market has increased by 19.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -3.3% | £782,741 |
| April 2025 | 0.9% | £809,262 |
| April 2024 | -2.5% | £801,954 |
| April 2023 | -0.1% | £822,788 |
| April 2022 | 11.7% | £823,651 |
| April 2021 | 5.6% | £737,339 |
| April 2020 | 3.6% | £698,556 |
| April 2019 | -0.4% | £674,324 |
| April 2018 | -0.6% | £676,794 |
| April 2017 | 3.7% | £681,063 |
| April 2016 | 10% | £656,978 |
| April 2015 | 7.1% | £597,335 |
| April 2014 | 11.3% | £557,521 |
| April 2013 | 8.1% | £500,916 |
| April 2012 | 2.2% | £463,260 |
| April 2011 | 1.2% | £453,313 |
| April 2010 | 11.1% | £448,025 |
| April 2009 | -10.9% | £403,427 |
| April 2008 | 3.6% | £452,626 |
| April 2007 | 0% | £436,764 |
The current average rental value in the postcode is £2,782.
The SM7 3RD Rental Market has increased by 46.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.9% | £2,782pcm |
| April 2025 | 4.3% | £2,704pcm |
| April 2024 | 2.4% | £2,592pcm |
| April 2023 | 14.3% | £2,532pcm |
| April 2022 | 6.8% | £2,215pcm |
| April 2021 | 4.7% | £2,074pcm |
| April 2020 | 5.2% | £1,981pcm |
| April 2019 | 2.5% | £1,884pcm |
| April 2018 | 2.8% | £1,837pcm |
| April 2017 | -5.9% | £1,788pcm |
| April 2016 | 4.9% | £1,900pcm |
| April 2015 | 5.1% | £1,810pcm |
| April 2014 | 2.8% | £1,722pcm |
| April 2013 | 9.6% | £1,675pcm |
| April 2012 | 4.8% | £1,528pcm |
| April 2011 | 3.2% | £1,458pcm |
| April 2010 | 3.9% | £1,412pcm |
| April 2009 | -4.2% | £1,359pcm |
| April 2008 | 6.6% | £1,418pcm |
| April 2007 | 0% | £1,330pcm |
The last sale was on 14th June 2024 for £800,000 and since then the market in the area has decreased by 3.1%. The postcode has had a total of 34 sales since 1995.
SM7 3RD has seen 1 sale in the last three years and no sales in the last twelve months.
SM7 3RD is the 378th largest and the 303rd most expensive postcode out of the 439 postcodes in the SM7 area.
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The closest station to SM7 3RD is Banstead station which is 1.2 kilometres away.
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According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around SM7 3RD, 53.2% of property is privately owned outright and 40.3% is privately owned with a mortgage.
The graph below shows how this compares to South East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around SM7 3RD, 20.3% of residents are recorded as possessing school level qualifications and 45.1% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around SM7 3RD, the average age was 44.8 and the most common age was 57.
The graph below shows how this compares to South East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around SM7 3RD, 1.2% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around SM7 3RD, there are an average of 1.9 cars per household.
See below for how this compares to South East and the rest of England & Wales.