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House Prices in SM7 House Prices in SM7 (Banstead)

The average house price in SM7 (Banstead) is £728,107 using HM Land Registry data.

The average property price increased by £124,039 (18.5%) over the last 5 years and increased by £24,853 (2.94%) over the last 12 months.

Over the last year, there were 198 residential property sales – a decrease of 23 transactions (-11.62%) relative to the previous year. The majority of house sales (54) were in the £526,000 - £702,000 range. Then came properties in the £350,000 - £526,000 range, where 41 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 248 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-20,897 (-2%).

In March 2025, there were 58 new estate agency instructions, 38 agreed home sales and 23 property price reductions.

Nearby Postcodes: CR3, CR4, CR5, CR8, KT17, KT18, KT19, KT20, KT21, KT22, KT4, RH1, RH2, RH3, RH4, RH5, SM1, SM2, SM3, SM4, SM5, SM6

5-Year Average Property Prices in SM7 (Banstead)

18.5%

Property prices in SM7 (Banstead) increased by 18.5% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in SM7 (Banstead) Over the Last Year

2.94%

Property prices in SM7 (Banstead) increased by 2.94% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for SM7 (Banstead) - March 2025

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in SM7 (Banstead)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in SM7 (Banstead)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in SM7 (Banstead)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the SM7 (Banstead) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the SM7 postcode area since 1995.

Recent Sales in SM7 (Banstead)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
58 Lakers Rise, Banstead, Surrey, SM7 3JY£400,000£395,000-£5,00011 Sep 202421 Feb 2025163 Days
2 Buff Avenue, Banstead, Surrey, SM7 2DW£650,000£615,000-£35,00022 Jun 202412 Feb 2025235 Days
46 Bolters Lane, Banstead, Surrey, SM7 2AF£799,950£775,000-£24,95016 May 202403 Feb 2025263 Days
100 Roundwood Way, Banstead, Surrey, SM7 1EG£635,000£630,000-£5,00030 May 202403 Feb 2025249 Days
77 Hillside, Banstead, Surrey, SM7 1EZ£725,000£700,000-£25,00021 Aug 202431 Jan 2025163 Days
Apartment 19, Holmewood House, Brighton Road, Banstead, Surrey, SM7 1AF£265,000£265,000£027 Sep 202429 Jan 2025124 Days
5 Garton Bank, Banstead, Surrey, SM7 2HA£250,000£250,000£025 Oct 202424 Jan 202591 Days
8 The Fieldings, Banstead, Surrey, SM7 2HF£700,000£700,000£017 Jul 202417 Jan 2025184 Days
4 High Beeches, Banstead, Surrey, SM7 1NB£700,000£635,000-£65,00003 May 202413 Jan 2025255 Days
20 Colcokes Road, Banstead, Surrey, SM7 2EW£1,050,000£1,030,000-£20,00002 Mar 202406 Jan 2025310 Days
7 Glenfield Road, Banstead, Surrey, SM7 2DG£795,000£780,000-£15,00029 Jun 202406 Jan 2025191 Days
51 Roundwood Way, Banstead, Surrey, SM7 1EH£775,000£750,000-£25,00017 Jun 202418 Dec 2024184 Days
11 Pine Walk, Banstead, Surrey, SM7 3QA£675,000£650,000-£25,00030 Apr 202416 Dec 2024230 Days
Flat 27, Well House, Woodmansterne Lane, Banstead, Surrey, SM7 3AB£369,950£360,000-£9,95023 Mar 202416 Dec 2024268 Days
28 Warren Road, Banstead, Surrey, SM7 1LA£675,000£675,000£023 Apr 202412 Dec 2024233 Days
4 Nork Gardens, Banstead, Surrey, SM7 1NZ£499,950£490,000-£9,95001 Mar 202411 Dec 2024285 Days
6 Beckenshaw Gardens, Banstead, Surrey, SM7 3NB£400,000£400,000£006 Jun 202410 Dec 2024187 Days
21 Roundwood View, Banstead, Surrey, SM7 1EQ£725,000£725,000£020 May 202410 Dec 2024204 Days
27 Upper Pines, Banstead, Surrey, SM7 3PU£875,000£875,000£005 Sep 202406 Dec 202492 Days
219 Banstead Road, Banstead, Greater London, SM7 1RB£1,200,000£1,190,000-£10,00009 Jul 202403 Dec 2024147 Days

Most Expensive Streets in SM7 (Banstead)

PostcodeStreetAreaAverageNo. of Sales
SM7 1PFHigher DriveBanstead£1,633,3333
SM7 1PLHigher DriveBanstead£1,467,0003
SM7 2AYHolly LaneBanstead£1,450,0003
SM7 1RBBanstead RoadBanstead£1,411,3333
SM7 1PSHigher DriveBanstead£1,371,2504
SM7 1PQHigher DriveBanstead£1,335,8336
SM7 3HFChalmers RoadBanstead£1,260,0003
SM7 3ADFiddicroft AvenueBanstead£1,199,6005
SM7 1NSGreen CurveBanstead£1,157,5004
SM7 3HGCunningham RoadBanstead£1,150,0005

Least Expensive Streets in SM7 (Banstead)

PostcodeStreetAreaAverageNo. of Sales
SM7 2HUPound RoadBanstead£215,6005
SM7 2BZDunnymans RoadBanstead£228,0004
SM7 2NNHigh StreetBanstead£282,6663
SM7 1RRLancaster CourtBanstead£283,1336
SM7 2JABriarwood, High Street, BansteadBanstead£288,1258
SM7 2AHPalmerston House, Basing RoadBanstead£305,0003
SM7 3NEStafford Court, Kingscroft RoadBanstead£307,5003
SM7 2PBTyrolean Court, Avenue RoadBanstead£309,1663
SM7 2LXHigh StreetBanstead£319,3333
SM7 2PJCourtlands CrescentBanstead£326,04112

Explore SM7 (Banstead) using map

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