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Postcode Overview
of SM7 1RR
SM7 1RR is a residential postcode located on Lancaster Court, Banstead, SM7. It is the 406th largest postcode in the SM7 area.
It contains 26 flats and 7 unknown and the most common type of property is a mid-century flat built between 1936 and 1979.
Average property prices
in SM7 1RR
The average house value is £289,619. Sales values have increased in the last 12 months by 2.5% and Rental values have increased by 6.3%.
Property sale values range from £272,875 for a leasehold flat, with 2 bedrooms split across 560 square feet of gross internal area and has no outside space to £307,727 for a leasehold flat, with 2 bedrooms split across 710 square feet of gross internal area and has no outside space.
Average £/ft2 for properties in SM7 1RR is £458/ft2.
Properties achieve a rental yield of between 6.5% and 6.7%, and rental values range from £1,522 to £1,672 per month.
Recent sales
within SM7 1RR
The last sale was 08 Dec 2023 for £315,300 and since then the market in the area has increased by 3.6%. The postcode has had a total of 4 sales since 1995.
SM7 1RR has seen 4 sales in the last three years and 1 sale in the last twelve months.
Nearby postcodes
to SM7 1RR
SM7 1RR is the 406th largest and the 28th most expensive postcode out of the 452 postcodes in the SM7 area.
Nearby postcodes
to SM7 1RR
SM7 1RR is the 406th largest and the 28th most expensive postcode out of the 452 postcodes in the SM7 area.
Property types
in SM7 1RR
SM7 1RR is a residential postcode located on Lancaster Court, Banstead, SM7 with 26 flats and 7 unknown within its bounds.
The most common property type in SM7 1RR is a mid-century flat built between 1936 and 1979.
Energy Efficiency
of properties within SM7 1RR
The homes with certificates are generally mid-century in style with the most common Energy Performance Certificate (EPC) rating being D.
Schools nearby
to SM7 1RR
Public transport nearby
to SM7 1RR
The closest station to SM7 1RR is Banstead station which is 200 metres away.
