SM7 2EG is a residential postcode located on North Acre, Banstead, SM7. It is the 448th largest postcode in the SM7 area.
It contains 64 residential addresses consisting of 32 houses, 7 flats and 25 unknown and the most common type of property is a mid-century house built between 1936 and 1979.
The average house value is £691,289. Sales values have increased in the last 12 months by 0.2% and Rental values have increased by 3.9%.
Property sale values range from £322,490 for a leasehold flat, with 2 bedrooms split across 700 square feet of gross internal area and has no outside space to £1,170,082 for a freehold house, with 5 bedrooms split across 2,207 square feet of gross internal area and has a garden.
Average £/ft2 for properties in SM7 2EG is £477/ft2.
Properties achieve a rental yield of between 3.7% and 6.1%, and rental values range from £1,644 to £3,595 per month.
The last sale was 23 Feb 2024 for £625,000 and since then the market in the area has increased by 2.2%. The postcode has had a total of 4 sales since 1995.
SM7 2EG has seen 4 sales in the last three years and 2 sales in the last twelve months.
SM7 2EG is the 448th largest and the 251st most expensive postcode out of the 452 postcodes in the SM7 area.
SM7 2EG is the 448th largest and the 251st most expensive postcode out of the 452 postcodes in the SM7 area.
SM7 2EG is a residential postcode located on North Acre, Banstead, SM7 with 32 houses, 7 flats and 25 unknown within its bounds.
The most common property type in SM7 2EG is a mid-century house built between 1936 and 1979.
The homes with certificates are generally mid-century in style with the most common Energy Performance Certificate (EPC) rating being C.
The closest station to SM7 2EG is Banstead station which is 1.1 kilometres 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 2EG, 57.1% of property is privately owned outright and 27.7% is privately owned with a mortgage.
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 2EG, 14.2% of residents are recorded as possessing school level qualifications and 35.3% 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 2EG, the average age was 44.8 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 2EG, 1.0% 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 2EG, there are an average of 1.4 cars per household.
See below for how this compares to South East and the rest of England & Wales.