Housing Market Analysis for CHERRY CLOSE, SM7 1LF

Are you looking to understand SM7 1LF house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Reigate and Banstead postcode.

For the location information and nearby amenities in the SM7 1LF area, explore the SM7 1LF Area information page.
For comprehensive crime statistics in the SM7 1LF area, explore the SM7 1LF Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the SM7 1LF postcode area, The average prices are as follows,

  • Detached
    • The average price is around £517,000 median price is £580,000 Standard Deviation is £203,886 with Total Sold: 5
    • The Last 5 Year average price is £671,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 7 CHERRY CLOSE: £762,000 (Sold on 18 Nov 2022)
    • The first recorded sale happened at this postcode is 6 CHERRY CLOSE: £143,000 (Sold on 14 Jun 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average SM7 1LF house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£762,000 £5,773 1
2019£580,000 £4,603 1
2017£580,000 £4,793 1
2016£520,000 £6,118 1
1996£143,000 £1,182 1

All the Sales in the CHERRY CLOSE, SM7 1LF

See the table below for more details on the sold house prices in the SM7 1LF, Reigate and Banstead postcode.

AddressSold DatePrice% Change
7 CHERRY CLOSEDetached, FreeholdArea: 132 Sq.mtrAge: 1976-198218 Nov 2022£762,000First Sale
4 CHERRY CLOSEDetached, FreeholdArea: 126 Sq.mtrAge: 1950-196624 Oct 2019£580,000First Sale
6 CHERRY CLOSEDetached, FreeholdArea: 121 Sq.mtrAge: 1967-197512 Jun 2017£580,000305.59%
14 Jun 1996£143,000First Sale
2 CHERRY CLOSEDetached, FreeholdArea: 85 Sq.mtrAge: 1976-198212 Oct 2016£520,000First Sale

Check out the sold house prices near the SM7 1LF postcode. Properties currently for saleProperties currently for rent

CHERRY CLOSE, SM7 1LF Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the SM7 1LF postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the SM7 1LF postcode.

  • Detached
    • The average price is around £492,690 median price is £445,000 Standard Deviation is £269,808 with Total Sold: 747
    • The Last 5 Year average price is £799,934 with Total Sold: 123
    • The most recent sale happened at this postcode is , 75 HIGH BEECHES: £615,000 (Sold on 27 Aug 2024)
    • The first recorded sale happened at this postcode is , 14 BURNS DRIVE: £195,000 (Sold on 16 Jan 1995)
  • Flat
    • The average price is around £260,494 median price is £255,000 Standard Deviation is £102,285 with Total Sold: 51
    • The Last 5 Year average price is £369,125 with Total Sold: 12
    • The most recent sale happened at this postcode is FLAT 6, BARSTOW PLACE, 124 WARREN ROAD: £375,000 (Sold on 23 Aug 2024)
    • The first recorded sale happened at this postcode is , 47A NORK WAY: £50,500 (Sold on 23 Sep 1996)
  • Semi-Detached
    • The average price is around £365,297 median price is £349,500 Standard Deviation is £173,951 with Total Sold: 368
    • The Last 5 Year average price is £615,856 with Total Sold: 57
    • The most recent sale happened at this postcode is , 13 ROUNDWOOD WAY: £677,500 (Sold on 08 Aug 2024)
    • The first recorded sale happened at this postcode is , 92 ROUNDWOOD WAY: £98,000 (Sold on 13 Feb 1995)
  • Other
    • The average price is around £405,500 median price is £290,000 Standard Deviation is £480,387 with Total Sold: 15
    • The Last 5 Year average price is £573,000 with Total Sold: 5
    • The most recent sale happened at this postcode is , 30 NORK WAY: £380,000 (Sold on 20 Jun 2022)
    • The first recorded sale happened at this postcode is , 21 NORK WAY: £56,000 (Sold on 03 Jan 2014)
  • Terraced
    • The average price is around £340,511 median price is £345,000 Standard Deviation is £203,468 with Total Sold: 42
    • The Last 5 Year average price is £594,167 with Total Sold: 6
    • The most recent sale happened at this postcode is , 138 WARREN ROAD: £560,000 (Sold on 18 Mar 2022)
    • The first recorded sale happened at this postcode is , 47A NORK WAY: £45,000 (Sold on 15 Mar 1995)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£989,5836
2023£895,588 £6,016 20
2022£780,992 £6,221 22
2021£792,671 £6,088 34
2020£752,045 £5,299 22
2019£729,736 £5,347 19
2018£681,747 £5,172 20
2017£699,946 £5,224 23
2016£738,188 £4,850 29
2015£692,322 £4,766 20
2014£698,241 £4,264 23
2013£615,275 £3,725 18
2012£521,208 £3,468 19
2011£478,795 £4,063 22
2010£492,980 £3,596 27
2009£453,250 £3,266 14
2008£413,917 £2,873 12
2007£473,814 £3,449 33
2006£504,192 £2,877 43
2005£437,212 £2,846 28
2004£407,124 £2,787 35
2003£405,233 £2,402 26
2002£371,928 £2,350 23
2001£317,495 £2,529 22
2000£321,385 £2,102 30
1999£246,026 £1,711 45
1998£226,047 £1,571 35
1997£202,140 £1,436 29
1996£160,971 £1,122 29
1995£180,474 £1,106 19
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£375,0001
2023£362,500 £5,274 2
2022£300,000 £4,515 1
2021£281,000 £4,311 2
2020£390,000 £4,710 2
2019£421,875 £5,484 4
2018£368,000 £5,741 1
2017£352,000 £4,862 4
2016£280,000 £4,038 2
2015£303,750 £3,298 2
2014£244,667 £3,482 3
2012£144,167 £2,083 3
2011£174,917 £2,717 6
2010£236,667 £3,341 3
2009£175,000 £2,634 1
2007£263,292 £3,044 6
2006£226,667 £2,985 3
2005£162,000 £2,656 1
2003£147,000 £1,861 1
2002£129,950 £2,130 1
1999£62,000 £1,016 1
1996£50,500 £639 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£676,2502
2023£700,438 £6,377 8
2022£713,952 £6,651 10
2021£598,688 £5,951 16
2020£567,525 £5,540 10
2019£523,091 £6,087 11
2018£588,909 £5,729 11
2017£586,000 £5,149 5
2016£591,286 £5,117 7
2015£497,071 £4,944 14
2014£444,445 £4,500 11
2013£398,108 £4,132 13
2012£371,933 £3,688 9
2011£392,671 £3,317 17
2010£347,685 £3,860 23
2009£350,150 £3,472 10
2008£374,889 £3,408 9
2007£391,882 £3,743 14
2006£354,389 £3,399 33
2005£322,833 £3,114 6
2004£270,493 £1,829 7
2003£310,509 £2,287 11
2002£266,714 £2,431 11
2001£221,025 £2,038 20
2000£204,936 £1,841 14
1999£158,700 £1,831 7
1998£157,947 £1,232 15
1997£148,616 £1,426 16
1996£118,410 £1,146 15
1995£121,192 £954 13
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£380,0001
2021£1,720,000 £5,478 1
2020£170,0002
2019£425,000 £7,705 1
2018£478,167 £390 3
2017£375,000 £11,875 3
2016£300,3901
2014£119,201 £1,319 3
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£592,500 £6,689 2
2021£500,000 £5,100 1
2020£485,000 £4,947 1
2019£697,500 £4,604 2
2018£535,000 £6,121 1
2017£475,000 £4,845 1
2016£513,786 £4,835 7
2015£485,000 £5,706 1
2014£450,000 £5,488 1
2013£630,000 £3,430 1
2012£370,000 £4,512 1
2011£333,333 £3,400 3
2009£320,000 £3,789 2
2008£80,000 £1,053 1
2007£251,333 £3,367 3
2005£198,975 £2,384 2
2002£225,0001
2000£205,000 £1,971 1
1998£77,500 £1,203 2
1997£85,500 £1,021 2
1996£115,5004
1995£52,500 £570 2

House Type in SM7 1LF area

The most common house types in the SM7 1LF postcode area are Detached (64), Flat (46), and Terraced (4).

Total119
Detached64
Flat46
Terraced4
converted building2
Semi-detached1
Shared house1
commercial building1
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Other social rented (49), and Owned: Owns outright (44).

Social rented: Other social rented49
Owned: Owns outright44
Owned: Owns with a mortgage or loan22
Private rented: Private landlord or letting agency2
Private rented: Other private rented1
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

The most houses in the SM7 1LF have 1 person in household (64), and 2 people in household (34).

1 person in household64
2 people in household34
3 people in household9
4 people in household8
5 people in household3
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0