marketcodeSold price per m²
£5,921/m² 12 months to Apr 2026
177 sales
-1% over the year to Dec 2025 by the house price index, which follows the same homes over time.
Postcode district
SM7 property market
Sold £5,921/m² · Median sold £640,568 (177 sales) · Index -1% y/y · Turnover 2.8% · 12 months, sales to Apr 2026, listings to Aug 2026
What is SM7?
- Buildings
- 5,026
- Mixed-use buildings
- 2.4%
- HMO-shaped units
- 13%
What does SM7 cost?
SM7: sold price per m² £5,921/m² (12 months to Apr 2026, 177 sales). -1% over the year to Dec 2025 by the house price index, which follows the same homes over time.
Sold price
£640,568 12 months to Apr 2026
177 sales
-1% over the year to Dec 2025 by the house price index, which follows the same homes over time.
Sample is the matched completed sales behind the latest month. A month in which this cohort recorded no sale of its own carries the parent area's price rather than a measurement, and is not published with no sample.
Asking price
£671,296 12 months to Aug 2026
818 listings
+0.4% on the previous 12 months.
Sample is the dated listings that came to market in the latest month (added and reduced cohorts).
Settled months to Dec 2025; the dashed tail is the pipeline's projection of the index 12 months ahead, inside its 80% band. A projection of the index, not a forecast of any home's price.
ObservedForecast with intervalIndex points, not property prices
What does SM7 earn?
SM7: asking rent £2,094 a month (12 months to Jul 2026, 131 lets).
Asking rent
£2,094 a month 12 months to Jul 2026
131 lets
Gross yield, asking basis
3.5% 12 months to Aug 2026
211 lets
-2.7% on the previous 12 months.
Sample is the dated lettings behind the latest month's rent cell.
How does SM7 vary by home size?
Asking price in SM7 runs from £327,157 for 2 bedrooms to £1,216,333 for 5+ bedrooms.
| Homes | Asking price | Window | Change | Listings |
|---|---|---|---|---|
| 1 bedroom | Not published | — | — | — |
| 2 bedrooms | £327,157 | 12 months to Aug 2026 | -11.5% on the previous 12 months | 198 |
| 3 bedrooms | £618,669 | 12 months to Aug 2026 | +4.9% on the previous 12 months | 228 |
| 4 bedrooms | £929,804 | 12 months to Aug 2026 | +2.3% on the previous 12 months | 281 |
| 5+ bedrooms | £1,216,333 | 12 months to Aug 2026 | -2.2% on the previous 12 months | 105 |
Asking price by bedroom band: the monthly medians of sale listings that came to market, weighted by their dated listings, over the last 12 observed months, from portal listings. A band with fewer than 30 dated listings in the year is not published.
How liquid is SM7?
SM7: turnover 2.8% (12 months to Jan 2026, 219 sales). -1.4% on the previous 12 months.
Turnover
2.8% 12 months to Jan 2026
219 sales
-1.4% on the previous 12 months.
Sample is the matched completed sales behind the latest month. A month in which this cohort recorded no sale of its own has a rate of zero by arithmetic rather than a measured rate, and is not published with no sample.
Completed sales
246 12 months to Jan 2026
246 sales
-3.1% on the previous 12 months.
Sample is the registry count itself; months within six months of the last ingest are still filling.
Listings for sale
385 12 months to Jul 2026
385 listings
Who is active in SM7?
25 agents listed homes for sale in SM7; the three largest took 41% of the listings.
- Agents active
- 25
- Top three agents’ share
- 41%
- New homes among listings
- 7.8%
days_to_completion is on the registry-matched subset (sold_matched_n), not a sell-through rate.
Who owns SM7?
Corporate landlords hold 73% of the 166 units in SM7 whose freeholder is classified; 98% of all units are not yet classified.
- Corporate landlords73% of classified · 121 units
- Individuals (not traceable in bulk)16% of classified · 26 units
- Housing associations10% of classified · 17 units
- RMC1.2% of classified · 2 units
Freeholder class per addressable unit, from HM Land Registry CCOD/OCOD matched to the title and Companies House. Individuals are counted, never itemised.
Where does SM7 rank?
SM7 ranks 2nd of 4 postcode districts in Reigate and Banstead for sold price per m², at £5,921/m².
Sold price per m² · postcode districts in Reigate and Banstead
SM7 ranks 2nd of 4 postcode districts in Reigate and Banstead for sold price per m², at £5,921/m².
Gross yield, asking basis · postcode districts in Reigate and Banstead
SM7 ranks 4th of 4 postcode districts in Reigate and Banstead for gross yield, asking basis, at 3.5%.
| # | Area | Gross yield, asking basis | Sample | Tier |
|---|---|---|---|---|
| 1 | KT20 | 4.4% | 206 | measured |
Where next from SM7?
- Reigate and BansteadThe wider market this area sits in.
- KT20Neighbouring postcode district · £6,237/m²
- RH2Neighbouring postcode district · £5,668/m²
- RH6Neighbouring postcode district · £5,171/m²
- CR5Next door, in another authority · £5,945/m²
- KT17Next door, in another authority · £7,283/m²
- KT18Next door, in another authority · £5,933/m²
- SM2Next door, in another authority · £5,231/m²
- SM5Next door, in another authority · £6,239/m²
- CR8Next door, in another authority · £4,244/m²
- Homes for sale in SM7Live sale listings, the same place and cohort.
- Homes to rent in SM7Live lettings, the same place.
- Completed sales in SM7Registered completions, newest first.
- Planning applications in SM7Applications and decisions on record.
- Buildings in SM7Every building with its units, parcel and freeholder.
- Land in SM7Parcels, titles and adjacent ownership.
- Properties in SM7Every addressable home with its floor area, tenure and last sale.
- Estate agents in SM7Who actually lists here, ranked by volume over 12 months.
Questions about SM7
- What is the median house price in SM7?
- Homes in SM7 sold for a median £640,568 over the 12 months to Apr 2026, 177 sales. Per square metre that is £5,921/m². Registered completions, not asking prices.
- How have house prices in SM7 changed?
- -1% over the year to Dec 2025 by the house price index, which follows the same homes over time.
- What is the average rent in SM7?
- Homes to let in SM7 asked a median £2,094 a month over the 12 months to Jul 2026, 131 lets. Asking rent, not the rent agreed.
- What is the gross rental yield in SM7?
- 3.5% on the asking basis: the asking rent times twelve over the asking sale price in the same listing cell, before costs, voids and finance, over the 12 months to Aug 2026, 211 lets. -2.7% on the previous 12 months.
- How quickly do homes sell in SM7?
- 2.8% of the homes in SM7 changed hands over the 12 months to Jan 2026, 219 sales.
Where these figures come from, and what is not published
| Figure | Dataset | Window | Last month | Sample |
|---|---|---|---|---|
| Sold price per m² | HM Land Registry Price Paid and portal listings, monthly rollup | 12 months to Apr 2026 | Apr 2026 | 177 sales |
| Sold price | HM Land Registry Price Paid and portal listings, monthly rollup | 12 months to Apr 2026 | Apr 2026 | 177 sales |
| Asking price | MarketCode market evidence | 12 months to Aug 2026 | Aug 2026 | 818 listings |
| Asking price per m² | the area_facts listing rollup | 12 months to Jul 2026 | Jul 2026 | 385 listings |
| Asking rent | MarketCode market evidence | 12 months to Jul 2026 | Jul 2026 | 131 lets |
| Gross yield, asking basis | MarketCode market evidence | 12 months to Aug 2026 | Aug 2026 | 211 lets |
| Turnover | MarketCode market evidence | 12 months to Jan 2026 | Jan 2026 | 219 sales |
| Completed sales | MarketCode market evidence | 12 months to Jan 2026 | Jan 2026 | 246 sales |
| Listings for sale | the area_facts listing rollup | 12 months to Jul 2026 | Jul 2026 | 385 listings |
| New listings | MarketCode market evidence | 12 months to Aug 2026 | Aug 2026 | 478 listings |
| Price reductions | MarketCode market evidence | 12 months to Aug 2026 | Aug 2026 | 340 listings |
| Live listings | MarketCode market evidence | on 19 Sep 2026 | 19 Sep 2026 | — |
- Asking to sold
- Only 5 observed months: the 12-month figure needs 6; the monthly line is drawn.
- Days to completion
Contains HM Land Registry data © Crown copyright and database right 2026. This data is licensed under the Open Government Licence v3.0.