Housing Market Analysis for ELIZABETH DRIVE, SM7 2BW

Are you looking to understand SM7 2BW 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 2BW area, explore the SM7 2BW Area information page.
For comprehensive crime statistics in the SM7 2BW area, explore the SM7 2BW Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the SM7 2BW postcode area, The average prices are as follows,

  • Detached
    • The average price is around £488,750 median price is £488,750 Standard Deviation is £113,750 with Total Sold: 2
    • The Last 5 Year average price is £602,500 with Total Sold: 1
    • The most recent sale happened at this postcode is THE BOTHY ELIZABETH DRIVE: £602,500 (Sold on 16 Jun 2023)
    • The first recorded sale happened at this postcode is THE BOTHY ELIZABETH DRIVE: £375,000 (Sold on 21 Dec 2007)

Sold Price Trend Over the Years:

Below table and chart gives the average SM7 2BW 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
2023£602,500 £7,928 1
2007£375,000 £4,934 1

All the Sales in the ELIZABETH DRIVE, SM7 2BW

See the table below for more details on the sold house prices in the SM7 2BW, Reigate and Banstead postcode.

AddressSold DatePrice% Change
THE BOTHY ELIZABETH DRIVEDetached, FreeholdArea: 76 Sq.mtrAge: 2007 onwards16 Jun 2023£602,50060.67%
21 Dec 2007£375,000First Sale

Check out the sold house prices near the SM7 2BW postcode. Properties currently for saleProperties currently for rent

ELIZABETH DRIVE, SM7 2BW Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the SM7 2BW 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 2BW postcode.

  • Flat
    • The average price is around £297,740 median price is £275,000 Standard Deviation is £95,638 with Total Sold: 205
    • The Last 5 Year average price is £316,483 with Total Sold: 32
    • The most recent sale happened at this postcode is FLAT 24, RENDEL HOUSE ELIZABETH DRIVE: £220,000 (Sold on 06 Sep 2024)
    • The first recorded sale happened at this postcode is FLAT 2, RENDEL HOUSE ELIZABETH DRIVE: £317,000 (Sold on 29 Jun 2006)
  • Detached
    • The average price is around £462,786 median price is £447,500 Standard Deviation is £104,587 with Total Sold: 7
    • The Last 5 Year average price is £608,750 with Total Sold: 2
    • The most recent sale happened at this postcode is , THE BOTHY ELIZABETH DRIVE: £602,500 (Sold on 16 Jun 2023)
    • The first recorded sale happened at this postcode is , PARK FARM LODGE HOLLY LANE: £337,000 (Sold on 01 Jul 2002)
  • Other
    • The average price is around £11,000 median price is £11,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is GARAGE, FLAT 20, RENDEL HOUSE ELIZABETH DRIVE: £11,000 (Sold on 19 Oct 2016)
    • The first recorded sale happened at this postcode is GARAGE, FLAT 20, RENDEL HOUSE ELIZABETH DRIVE: £11,000 (Sold on 19 Oct 2016)
  • Semi-Detached
    • The average price is around £485,000 median price is £485,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 2, PARK FARM COTTAGES HOLLY LANE: £485,000 (Sold on 29 Nov 2013)
    • The first recorded sale happened at this postcode is 2, PARK FARM COTTAGES HOLLY LANE: £485,000 (Sold on 29 Nov 2013)

Sold Price Trend Over the Years:

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£314,375 £5,815 4
2023£333,750 £4,383 4
2022£335,583 £4,177 6
2021£291,400 £4,669 10
2020£384,875 £4,770 4
2019£266,988 £4,736 4
2018£310,000 £4,119 2
2017£326,864 £5,002 11
2016£368,812 £4,382 8
2015£275,400 £4,213 5
2014£272,129 £3,996 17
2013£308,750 £4,338 2
2012£246,875 £3,763 4
2011£248,742 £3,791 6
2010£304,714 £4,083 7
2009£415,000 £3,898 4
2008£353,619 £3,767 18
2007£267,460 £3,980 48
2006£284,056 £4,087 41
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£602,500 £7,928 1
2021£615,000 £5,802 1
2014£447,500 £4,918 1
2007£375,000 £4,934 1
2006£495,0001
2003£367,500 £4,038 1
2002£337,000 £3,703 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2016£11,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2013£485,000 £3,540 1

House Type in SM7 2BW area

The most common house types in the SM7 2BW postcode area are Semi-detached (74), Detached (52), and Flat (48).

Total228
Semi-detached74
Detached52
Flat48
converted building47
Terraced7
Shared house0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (96), and Owned: Owns outright (85).

Owned: Owns with a mortgage or loan96
Owned: Owns outright85
Private rented: Private landlord or letting agency41
Private rented: Other private rented5
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the SM7 2BW have 2 people in household (95), and 1 person in household (75).

2 people in household95
1 person in household75
3 people in household21
4 people in household21
5 people in household10
6 people in household4
7 people in household2
8 or more people in household1
0 people in household0