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Postcode Overview

of SM7 2FA

SM7 2FA is a residential postcode located on Elizabeth Drive, Banstead, SM7. It is the 433rd largest postcode in the SM7 area.

It contains 42 flats and the most common type of property is a modern flat built after 1980.

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Average property prices

in SM7 2FA

The average house value is £336,686. 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 £240,283 for a leasehold flat, with 1 bedrooms split across 420 square feet of gross internal area and has no outside space to £433,484 for a leasehold flat, with 3 bedrooms split across 1,206 square feet of gross internal area and has no outside space.

Average £/ft2 for properties in SM7 2FA is £438/ft2.

Properties achieve a rental yield of between 6.2% and 6.7%, and rental values range from £1,300 to £2,290 per month.

Sale value change
12 months
2.3%
Rental value change
12 months
6.0%
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Recent sales

within SM7 2FA

The last sale was 09 May 2024 for £290,000 and since then the market in the area has increased by 0.3%. The postcode has had a total of 4 sales since 1995.

SM7 2FA has seen 4 sales in the last three years and 2 sales in the last twelve months.

£290,000
May-2024
Sold
£475,000
Jan-2024
Sold
£240,000
Jun-2023
Sold
£350,000
Apr-2023
Sold
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Nearby postcodes

to SM7 2FA

SM7 2FA is the 433rd largest and the 61st most expensive postcode out of the 452 postcodes in the SM7 area.

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Nearby postcodes

to SM7 2FA

SM7 2FA is the 433rd largest and the 61st most expensive postcode out of the 452 postcodes in the SM7 area.

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Property types

in SM7 2FA

SM7 2FA is a residential postcode located on Elizabeth Drive, Banstead, SM7 with 42 flats within its bounds.

The most common property type in SM7 2FA is a modern flat built after 1980.

modern flat (42)
Energy Efficiency

Energy Efficiency

of properties within SM7 2FA

The homes with certificates are generally modern in style with the most common Energy Performance Certificate (EPC) rating being C.

A (0)
E (1)
B (1)
F (0)
C (24)
G (0)
D (9)
No EPC (7)
Schools nearby

Schools nearby

to SM7 2FA

The nearest primary school to SM7 2FA is St Anne's Catholic Primary School which is 1.6 kilometres away and is rated Good by Ofsted.
1.6 km
St Anne's Catholic Primary School
Good
2.0 km
Banstead Community Junior School
Good
2.1 km
Banstead Infant School
Good
The nearest secondary school is The Beacon School which is 2.0 kilometres away and is rated RequiresImprovement by Ofsted.
2.0 km
The Beacon School
Requires improvement
4.2 km
Woodcote High School
Good
4.4 km
Harris Academy Sutton
Outstanding
Source: Ofsted (2016)
Public transport nearby

Public transport nearby

to SM7 2FA

The closest station to SM7 2FA is Chipstead station which is 1.4 kilometres away.

1.4 km
Chipstead
2.1 km
Kingswood
2.7 km
Woodmansterne
2.9 km
Banstead
Source: National Rail


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