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Postcode Overview
of SM7 2LX
SM7 2LX is a residential postcode located on High Street, Banstead, SM7. It is the 313th largest postcode in the SM7 area.
It contains 22 flats and the most common type of property is a modern flat built after 1980.
Average property prices
in SM7 2LX
The average house value is £257,606. Sales values have increased in the last 12 months by 2.4% and Rental values have increased by 6.3%.
Property sale values range from £227,657 for a leasehold flat, with 2 bedrooms split across 570 square feet of gross internal area and has no outside space to £402,509 for a leasehold flat, with 3 bedrooms split across 1,119 square feet of gross internal area and has no outside space.
Average £/ft2 for properties in SM7 2LX is £357/ft2.
Properties achieve a rental yield of between 6% and 6.7%, and rental values range from £1,278 to £2,064 per month.
Recent sales
within SM7 2LX
The last sale was 22 Aug 2023 for £300,000 and since then the market in the area has increased by 2.6%. The postcode has had a total of 4 sales since 1995.
SM7 2LX has seen 3 sales in the last three years and no sales in the last twelve months.
Nearby postcodes
to SM7 2LX
SM7 2LX is the 313th largest and the 8th most expensive postcode out of the 452 postcodes in the SM7 area.
Nearby postcodes
to SM7 2LX
SM7 2LX is the 313th largest and the 8th most expensive postcode out of the 452 postcodes in the SM7 area.
Property types
in SM7 2LX
SM7 2LX is a residential postcode located on High Street, Banstead, SM7 with 22 flats within its bounds.
The most common property type in SM7 2LX is a modern flat built after 1980.
Energy Efficiency
of properties within SM7 2LX
The homes with certificates are generally modern in style with the most common Energy Performance Certificate (EPC) rating being C.
Schools nearby
to SM7 2LX
Public transport nearby
to SM7 2LX
The closest station to SM7 2LX is Banstead station which is 1.1 kilometres away.
