Sutton Lane - SM7 3RE
Key Postcode Insights
SM7 3RE is a residential postcode situated on Sutton Lane, Banstead, SM7 with 2 addresses.
It ranks as the 31st largest and 260th most expensive of the 438 postcodes in the SM7 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 2 properties: 2 houses.
- Ave. Sale Price
- £720,369
- 10 Year change
- up 19.4%
- Ave. Rental Price
- £2,397pcm
- 10 Year change
- up 48.0%
- Ave. £ per ft²
- £722/ft²
- Ave. Gross Yield
- 4.0%/year/yr
Key Postcode Insights
SM7 3RE is a residential postcode situated on Sutton Lane, Banstead, SM7 with 2 addresses.
It ranks as the 31st largest and 260th most expensive of the 438 postcodes in the SM7 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 2 properties: 2 houses.
- Ave. Sale Price
- £720,369
- 10 Year change
- up 19.4%
- Ave. Rental Price
- £2,397pcm
- 10 Year change
- up 48.0%
- Ave. £ per ft²
- £722/ft²
- Ave. Gross Yield
- 4.0%/year/yr
Explore Propertiesin SM7 3RE
Sales Market Trends
The last sale in SM7 3RE sold for £875,000 on 1st March 2023. Since then prices are down an average of 2.4%.
The current average value in the postcode is £720,369.
The SM7 3RE Sales Market has increased by 19.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.1% | £720,369 |
| June 2025 | 1.3% | £728,686 |
| June 2024 | -0.9% | £719,540 |
| June 2023 | -2.4% | £726,354 |
| June 2022 | 10% | £744,404 |
| June 2021 | 6.8% | £676,668 |
| June 2020 | 4.8% | £633,513 |
| June 2019 | 0.2% | £604,562 |
| June 2018 | -1.6% | £603,605 |
| June 2017 | 1.7% | £613,410 |
| June 2016 | 11% | £603,165 |
| June 2015 | 6.6% | £543,536 |
| June 2014 | 12.9% | £509,852 |
| June 2013 | 3.3% | £451,516 |
| June 2012 | 2.2% | £437,255 |
| June 2011 | -1.1% | £427,964 |
| June 2010 | 18.8% | £432,800 |
| June 2009 | -10.2% | £364,182 |
| June 2008 | 0.5% | £405,583 |
| June 2007 | 0% | £403,729 |
Rental Market Trends
The current average rental value in the postcode is £2,397.
The SM7 3RE Rental Market has increased by 48.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.1% | £2,397pcm |
| June 2025 | 4.1% | £2,326pcm |
| June 2024 | 3.5% | £2,235pcm |
| June 2023 | 13.1% | £2,160pcm |
| June 2022 | 7.6% | £1,910pcm |
| June 2021 | 3.8% | £1,775pcm |
| June 2020 | 6.2% | £1,710pcm |
| June 2019 | 2.5% | £1,610pcm |
| June 2018 | 2.9% | £1,571pcm |
| June 2017 | -5.7% | £1,526pcm |
| June 2016 | 5% | £1,620pcm |
| June 2015 | 4.5% | £1,543pcm |
| June 2014 | 3.5% | £1,477pcm |
| June 2013 | 5.5% | £1,427pcm |
| June 2012 | 1.8% | £1,353pcm |
| June 2011 | 5.4% | £1,330pcm |
| June 2010 | 9.4% | £1,261pcm |
| June 2009 | -6.3% | £1,153pcm |
| June 2008 | 6.6% | £1,230pcm |
| June 2007 | 0% | £1,154pcm |
Sales History
The last sale was on 1st March 2023 for £875,000 and since then the market in the area has decreased by 2.4%. The postcode has had a total of 2 sales since 1995.
SM7 3RE has seen 1 sale in the last three years and no sales in the last twelve months.
Nearby Postcodes
SM7 3RE is the 31st largest and the 260th most expensive postcode out of the 438 postcodes in the SM7 area.
- SM7 3RB, Sutton Lane, Banstead, SM7SM7 3RB17 Addresses|83 m away
- SM7 3RD, Grange Meadow, Banstead, SM7SM7 3RD30 Addresses|105 m away
- SM7 3RF, Grange Gardens, Banstead, SM7SM7 3RF24 Addresses|111 m away
- SM7 3RG, Beechfield, Banstead, SM7SM7 3RG21 Addresses|127 m away
- SM7 3QX, Sutton Lane, Banstead, SM7SM7 3QX4 Addresses|143 m away
Property Types
- 1 modern house built after 1980
- 1 mid-century house built between 1936 and 1979
- modern house (1)
- mid-century house (1)
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 (0)
Top 3 Most Expensive Sales
- Sold Jan 2023£2,550,000 | 5 Bed House14, Sutton Lane, Banstead, SM7 3QP14, Sutton Lane, Banstead, SM7 3QP
- Sold Dec 2006£1,380,000 | 5 Bed House14, Sutton Lane, Banstead, SM7 3QP14, Sutton Lane, Banstead, SM7 3QP
- Sold Nov 2012£1,125,000 | 5 Bed House16, Sutton Lane, Banstead, SM7 3QP16, Sutton Lane, Banstead, SM7 3QP
Schools Nearby
- Banstead Community Junior School1.3 km away
- St Anne's Catholic Primary School1.3 km away
- Banstead Infant School and Nursery1.4 km away
- Harris Academy Sutton1.8 km away
- The Beacon School2.2 km away
- Overton Grange School2.3 km away
More reading links
Public Transport Nearby
The closest station to SM7 3RE is Banstead station, which is 1.2 kilometres away.
- Banstead|1.2 km away
- Belmont|1.5 km away
- Cheam|3.0 km away
- Chipstead|3.0 km away
