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House Prices in SM7

The average house price in SM7 (Banstead) is £895,285 using HM Land Registry data.

The average property price increased by £38,227 (10.26%) over the last 5 years and increased by £7,642 (1.9%) over the last 12 months.

Over the last year, there were 195 residential property sales – a decrease of 42 transactions (-21.54%) relative to the previous year. The majority of house sales (46) were in the £596,000 - £734,000 range. Then came properties in the £458,000 - £596,000 range, where 36 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 65 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-17,945 (-2%).

In Aug 2026, there were 48 new estate agency instructions, 24 agreed home sales and 33 property price reductions.

5-Year Average Property Prices in SM7 (Banstead)

10.26%

Property prices in SM7 (Banstead) increased by 10.26% 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

1.9%

Property prices in SM7 (Banstead) increased by 1.9% 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.

Property Market Heat Gauge for SM7 (Banstead) - Aug 2026

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 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer 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)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
1 Manor Way, Banstead, SM7 3PN	£500,000	£500,000	£0	14 Mar 2026	24 Jul 2026	132 Days
12 Gilhams Avenue, Banstead, SM7 1QR	£1,000,000	£1,000,000	£0	17 Oct 2025	20 Jul 2026	276 Days
1a, Magnolia Drive, Banstead, SM7 1AW	£760,000	£750,000	-£10,000	15 Nov 2025	17 Jul 2026	244 Days
170 Warren Road, Banstead, SM7 1LB	£675,000	£670,000	-£5,000	03 Feb 2026	17 Jul 2026	164 Days
56 Commonfield Road, Banstead, SM7 2JZ	£685,000	£675,000	-£10,000	04 Apr 2026	03 Jul 2026	90 Days
44 Higher Drive, Banstead, SM7 1PF	£1,700,000	£1,700,000	£0	08 Apr 2026	03 Jul 2026	86 Days
1 De Burgh Park, Banstead, SM7 2PP	£1,000,000	£972,000	-£28,000	30 Jan 2026	01 Jul 2026	152 Days
33 Dunnymans Road, Banstead, SM7 2BZ	£230,000	£215,000	-£15,000	20 Nov 2025	30 Jun 2026	222 Days
21 Glenfield Road, Banstead, SM7 2DG	£640,000	£625,000	-£15,000	22 Jan 2026	29 Jun 2026	158 Days
167 Nork Way, Banstead, SM7 1HR	£675,000	£660,000	-£15,000	17 Jul 2025	26 Jun 2026	344 Days
15 South Drive, Banstead, SM7 3BQ	£650,000	£650,000	£0	18 Mar 2026	19 Jun 2026	93 Days
Flat 10, Forge Steading, Salisbury Road, Banstead, SM7 2DT	£325,000	£315,000	-£10,000	11 Dec 2025	11 Jun 2026	182 Days
23 Pine Walk, Banstead, SM7 3QA	£675,000	£655,000	-£20,000	09 Sep 2025	11 Jun 2026	275 Days
8 Lower Sawley Wood, Banstead, SM7 2DB	£500,000	£490,000	-£10,000	26 Sep 2025	11 Jun 2026	258 Days
42 Buckles Way, Banstead, SM7 1HD	£950,000	£915,000	-£35,000	26 Feb 2026	03 Jun 2026	97 Days
6 Cheviot Close, Banstead, SM7 2PD	£375,000	£365,000	-£10,000	30 Jul 2025	29 May 2026	303 Days
84 Roundwood Way, Banstead, SM7 1EG	£650,000	£640,000	-£10,000	07 Jan 2026	27 May 2026	140 Days
6 Warren Mead, Banstead, SM7 1LU	£650,000	£650,000	£0	25 Sep 2025	21 May 2026	238 Days
5 Thornfield Road, Banstead, SM7 2HX	£475,000	£460,000	-£15,000	19 Jan 2026	20 May 2026	121 Days
1 Hawthorn Close, Banstead, SM7 1ND	£900,000	£870,000	-£30,000	29 Aug 2025	19 May 2026	263 Days

Most Expensive Streets in SM7 (Banstead)

Postcode	Street	Area	Average	No. of Sales
SM7 1PF	Higher Drive	Banstead	£1,650,000	4
SM7 3HG	Cunningham Road, Woodmansterne	Banstead	£1,501,000	5
SM7 1PL	Higher Drive	Banstead	£1,495,250	4
SM7 1PS	Higher Drive	Banstead	£1,461,666	3
SM7 1PQ	Higher Drive	Banstead	£1,344,000	5
SM7 2BJ	Kenilworth Close	Banstead	£1,289,000	3
SM7 3RG	Beechfield	Banstead	£1,260,333	3
SM7 1HQ	Tudor Close	Banstead	£1,223,333	3
SM7 3HF	Chalmers Road	Banstead	£1,210,000	4
SM7 2AY	Holly Lane	Banstead	£1,200,000	3

Least Expensive Streets in SM7 (Banstead)

Postcode	Street	Area	Average	No. of Sales
SM7 2HU	Pound Road	Banstead	£220,000	4
SM7 2BZ	Dunnymans Road	Banstead	£233,400	5
SM7 2NN	High Street	Banstead	£241,000	3
SM7 2AH	Palmerston House, Basing Road	Banstead	£268,750	4
SM7 1RW	Eastgate	Banstead	£283,000	3
SM7 2FE	Elizabeth House, Elizabeth Drive	Banstead	£298,750	10
SM7 1RR	Lancaster Court	Banstead	£299,075	4
SM7 2JA	Briarwood, High Street, Banstead	Banstead	£300,833	6
SM7 3NE	Stafford Court, Kingscroft Road	Banstead	£307,500	3
SM7 2AR	Bolters Lane	Banstead	£315,208	12