SM7 1LU is a residential postcode located on Warren Mead, Banstead, SM7. It is the 244th largest postcode in the SM7 area.
It contains 12 houses and 4 unknown and the most common type of property is a early-century house built between 1912 and 1935.
The average house value is £605,008. Sales values have increased in the last 12 months by 2.3% and Rental values have increased by 6.0%.
Property sale values range from £532,042 for a freehold house, with 3 bedrooms split across 815 square feet of gross internal area and has a garden to £778,423 for a freehold house, with 4 bedrooms split across 1,647 square feet of gross internal area and has a garden.
Average £/ft2 for properties in SM7 1LU is £597/ft2.
Properties achieve a rental yield of between 4.9% and 5.5%, and rental values range from £2,438 to £3,174 per month.
The last sale was 11 Jan 2023 for £755,500 and since then the market in the area has decreased by -0.3%. The postcode has had a total of 4 sales since 1995.
SM7 1LU has seen 2 sales in the last three years and no sales in the last twelve months.
SM7 1LU is the 244th largest and the 193rd most expensive postcode out of the 452 postcodes in the SM7 area.
SM7 1LU is the 244th largest and the 193rd most expensive postcode out of the 452 postcodes in the SM7 area.
SM7 1LU is a residential postcode located on Warren Mead, Banstead, SM7 with 12 houses and 4 unknown within its bounds.
The most common property type in SM7 1LU is a early-century house built between 1912 and 1935.
The homes with certificates are generally early-century in style with the most common Energy Performance Certificate (EPC) rating being D.
The closest station to SM7 1LU is Epsom Downs station which is 600 metres away.
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 1LU, 46.0% of property is privately owned with a mortgage and 44.5% is privately owned outright.
The graph below shows how this compares to Greater London 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 1LU, 22.3% of residents are recorded as possessing school level qualifications and 43.0% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around SM7 1LU, the average age was 42.7 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 1LU, 0.8% 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 1LU, there are an average of 1.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.