Housing Market Analysis for PALMERSFIELD ROAD, SM7 2LB

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

Overview of Sold House prices

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

Semi-Detached
- The average price is around £348,245 median price is £315,000 Standard Deviation is £178,506 with Total Sold: 29
- The Last 5 Year average price is £647,400 with Total Sold: 5
- The most recent sale happened at this postcode is 23 PALMERSFIELD ROAD: £567,000 (Sold on 19 Mar 2021)
- The first recorded sale happened at this postcode is 3 PALMERSFIELD ROAD: £118,500 (Sold on 23 Feb 1996)
Detached
- The average price is around £156,500 median price is £156,500 Standard Deviation is £5,500 with Total Sold: 2
- The most recent sale happened at this postcode is 15 PALMERSFIELD ROAD: £162,000 (Sold on 30 Sep 1998)
- The first recorded sale happened at this postcode is 47 PALMERSFIELD ROAD: £151,000 (Sold on 20 Jun 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average SM7 2LB 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: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£567,000	£5,505	1
2020	£685,000	£5,119	2
2019	£650,000	£5,282	2
2016	£551,016	£5,681	1
2015	£495,000	£5,893	1
2014	£483,250	£4,626	2
2011	£355,000	£2,465	1
2007	£399,950		1
2006	£323,175	£2,629	4
2005	£317,000	£2,331	1
2002	£274,000		2
2001	£242,000	£2,373	1
2000	£220,000	£1,940	2
1999	£190,000	£1,863	2
1998	£167,833	£1,444	3
1997	£136,000	£1,271	1
1996	£117,725		2

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
1998	£162,000		1
1997	£151,000		1

All the Sales in the PALMERSFIELD ROAD, SM7 2LB

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

Address	Sold Date	Price	% Change
23 PALMERSFIELD ROADSemi-Detached, FreeholdArea: 103 Sq.mtrAge: 1930-1949	19 Mar 2021	£567,000	First Sale
25 PALMERSFIELD ROADSemi-Detached, FreeholdArea: 132 Sq.mtrAge: 1930-1949	10 Dec 2020	£735,000	136.56%
	01 Dec 2006	£310,700	First Sale
1 PALMERSFIELD ROADSemi-Detached, FreeholdArea: 136 Sq.mtrAge: 1930-1949	14 Apr 2020	£635,000	100.32%
	04 Jul 2005	£317,000	First Sale
27 PALMERSFIELD ROADSemi-Detached, FreeholdArea: 107 Sq.mtrAge: 1930-1949	15 Jul 2019	£640,000	31.55%
	03 Jul 2014	£486,500	257.72%
	02 Sep 1997	£136,000	First Sale
11 PALMERSFIELD ROADSemi-Detached, FreeholdArea: 144 Sq.mtrAge: 1930-1949	16 May 2019	£660,000	85.92%
	19 Sep 2011	£355,000	First Sale
43 PALMERSFIELD ROADSemi-Detached, FreeholdArea: 97 Sq.mtrAge: 1930-1949	22 Dec 2016	£551,016	First Sale
33 PALMERSFIELD ROADSemi-Detached, FreeholdArea: 84 Sq.mtrAge: 1900-1929	13 Feb 2015	£495,000	First Sale
21 PALMERSFIELD ROADSemi-Detached, FreeholdArea: 102 Sq.mtrAge: 1930-1949	15 May 2014	£480,000	98.35%
	30 Nov 2001	£242,000	10.00%
	16 Dec 1999	£220,000	37.50%
	14 May 1999	£160,000	First Sale
45 PALMERSFIELD ROADSemi-Detached, Freehold	27 Sep 2007	£399,950	133.89%
45 PALMERSFIELD ROADSemi-Detached, Freehold	16 Jul 1998	£171,000	First Sale
17 PALMERSFIELD ROADSemi-Detached, Freehold	19 Oct 2006	£330,000	24.53%
	20 Sep 2002	£265,000	23.26%
	15 Dec 2000	£215,000	First Sale
9 PALMERSFIELD ROADSemi-Detached, FreeholdArea: 116 Sq.mtrAge: 1930-1949	31 Jul 2006	£337,000	49.78%
	09 Jun 2000	£225,000	34.33%
	07 Aug 1998	£167,500	First Sale
19 PALMERSFIELD ROADSemi-Detached, Freehold	08 Feb 2006	£315,000	First Sale
37 PALMERSFIELD ROADSemi-Detached, Freehold	18 Jul 2002	£283,000	First Sale
15 PALMERSFIELD ROADDetached, Freehold	30 Sep 1998	£162,000	First Sale
35 PALMERSFIELD ROADSemi-Detached, Freehold	30 Apr 1998	£165,000	First Sale
47 PALMERSFIELD ROADDetached, Freehold	20 Jun 1997	£151,000	First Sale
5 PALMERSFIELD ROADSemi-Detached, Freehold	31 Oct 1996	£116,950	First Sale
3 PALMERSFIELD ROADSemi-Detached, Freehold	23 Feb 1996	£118,500	First Sale

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

PALMERSFIELD ROAD, SM7 2LB Near By properties

Interactive Map

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

Detached
- The average price is around £526,034 median price is £469,000 Standard Deviation is £328,248 with Total Sold: 317
- The Last 5 Year average price is £913,050 with Total Sold: 50
- The most recent sale happened at this postcode is , GABLES, 4 HEATH CLOSE: £800,000 (Sold on 29 Aug 2024)
- The first recorded sale happened at this postcode is , 10 CROYDON LANE SOUTH: £144,950 (Sold on 06 Jan 1995)
Flat
- The average price is around £221,970 median price is £225,000 Standard Deviation is £102,335 with Total Sold: 117
- The Last 5 Year average price is £359,111 with Total Sold: 18
- The most recent sale happened at this postcode is , 171A HIGH STREET: £350,000 (Sold on 12 Aug 2024)
- The first recorded sale happened at this postcode is , 3 WINKWORTH PLACE: £92,500 (Sold on 10 Oct 1995)
Terraced
- The average price is around £332,286 median price is £303,000 Standard Deviation is £186,077 with Total Sold: 136
- The Last 5 Year average price is £577,692 with Total Sold: 26
- The most recent sale happened at this postcode is , 26 BUFF AVENUE: £695,000 (Sold on 09 Aug 2024)
- The first recorded sale happened at this postcode is , 16 SANDERSFIELD ROAD: £117,000 (Sold on 31 Jan 1995)
Semi-Detached
- The average price is around £357,711 median price is £335,000 Standard Deviation is £181,792 with Total Sold: 877
- The Last 5 Year average price is £640,021 with Total Sold: 130
- The most recent sale happened at this postcode is , 112 GREENHAYES AVENUE: £825,000 (Sold on 09 Aug 2024)
- The first recorded sale happened at this postcode is , 17 FOLLYFIELD ROAD: £115,000 (Sold on 12 Jan 1995)
Other
- The average price is around £38,647,895 median price is £48,900,000 Standard Deviation is £27,888,243 with Total Sold: 3
- The Last 5 Year average price is £33,521,842 with Total Sold: 2
- The most recent sale happened at this postcode is , SUNRISE SENIOR LIVING CROYDON LANE: £66,503,684 (Sold on 01 Jun 2023)
- The first recorded sale happened at this postcode is , SUNRISE SENIOR LIVING CROYDON LANE: £48,900,000 (Sold on 01 Aug 2014)

Sold Price Trend Over the Years:

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£930,000	£6,667	4
2023	£1,255,923	£6,569	13
2022	£961,167	£6,172	12
2021	£749,562	£6,419	8
2020	£594,167	£5,083	6
2019	£644,286	£5,242	7
2018	£984,500	£4,736	4
2017	£765,393	£4,947	14
2016	£779,038	£5,332	13
2015	£695,636	£4,723	11
2014	£648,250	£4,328	8
2013	£517,064	£4,200	7
2012	£584,643	£4,294	7
2011	£793,875	£5,729	4
2010	£623,893	£3,602	14
2009	£487,384	£3,480	13
2008	£518,333		3
2007	£519,162	£2,827	12
2006	£506,475	£3,071	22
2005	£414,125	£3,168	10
2004	£401,395	£3,676	10
2003	£470,900	£3,061	10
2002	£371,163	£2,023	15
2001	£294,583	£2,079	9
2000	£271,505	£3,208	8
1999	£235,444	£1,820	18
1998	£221,886	£1,898	14
1997	£176,496	£1,516	14
1996	£230,826	£1,232	19
1995	£142,494	£1,007	8

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£350,000		1
2023	£440,625	£5,088	4
2022	£359,500	£5,130	2
2021	£337,500	£4,341	5
2020	£345,000	£4,516	2
2019	£313,750	£3,994	4
2018	£330,000	£4,132	4
2017	£363,750	£5,019	2
2016	£331,714	£4,396	7
2015	£295,000	£3,645	3
2014	£268,000	£3,622	1
2013	£243,333	£4,818	3
2012	£262,862	£3,285	4
2011	£233,250	£3,007	6
2010	£243,333	£3,080	3
2009	£226,250	£2,743	2
2007	£231,000	£2,857	3
2006	£221,786	£2,833	7
2005	£246,650	£3,001	4
2004	£158,844	£2,169	8
2003	£181,167	£2,224	3
2002	£150,600	£1,970	5
2001	£141,057	£2,518	7
2000	£149,184	£1,783	6
1999	£108,600	£1,336	9
1998	£85,870	£1,091	5
1997	£77,500		1
1996	£73,862	£932	4
1995	£79,500	£758	2

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£745,000		2
2023	£685,000	£5,637	2
2022	£589,750	£5,660	4
2021	£584,100	£5,336	10
2020	£465,000	£4,733	4
2019	£525,000	£4,519	4
2018	£589,000	£4,953	2
2017	£383,750	£5,562	2
2016	£540,050	£4,368	5
2015	£416,250	£3,977	4
2014	£420,357	£4,011	7
2013	£400,000	£3,117	3
2012	£330,900	£3,051	5
2011	£337,500	£3,128	3
2010	£356,408	£3,269	6
2009	£225,000		1
2008	£365,317	£2,702	3
2007	£307,564	£2,327	7
2006	£282,971	£2,604	7
2005	£311,700	£2,833	5
2004	£250,500		2
2003	£237,500	£2,417	5
2002	£195,343	£2,489	7
2001	£145,000	£1,921	2
2000	£182,862	£1,679	4
1999	£178,833		3
1998	£147,428	£1,265	9
1997	£125,975	£1,379	6
1996	£92,643	£881	7
1995	£110,790	£827	5

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£660,312	£5,954	8
2023	£683,000	£6,547	21
2022	£715,190	£6,540	21
2021	£640,638	£5,552	34
2020	£620,000	£5,420	15
2019	£563,758	£5,111	31
2018	£599,560	£5,239	25
2017	£509,967	£5,039	30
2016	£512,130	£4,991	31
2015	£488,976	£4,909	23
2014	£444,641	£4,460	23
2013	£408,607	£3,735	34
2012	£412,648	£3,682	26
2011	£403,607	£3,508	23
2010	£395,722	£3,583	20
2009	£327,706	£3,202	17
2008	£388,262	£3,336	17
2007	£371,120	£3,280	41
2006	£317,613	£2,781	31
2005	£326,928	£2,816	30
2004	£310,051	£2,690	36
2003	£282,674	£2,448	25
2002	£258,423	£2,116	50
2001	£224,533	£1,971	48
2000	£201,514	£1,894	33
1999	£168,275	£1,515	36
1998	£153,056	£1,327	36
1997	£133,532	£1,250	50
1996	£114,437	£1,019	38
1995	£118,429	£1,104	24

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£33,521,842	£5,870	2
2014	£48,900,000		1

House Type in SM7 2LB area

The most common house types in the SM7 2LB postcode area are Semi-detached (121), Detached (13), and Terraced (0).

Total	134
Semi-detached	121
Detached	13
Terraced	0
Flat	0
Shared house	0
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (69), and Owned: Owns with a mortgage or loan (64).

Owned: Owns outright	69
Owned: Owns with a mortgage or loan	64
Social rented: Rents from council or Local Authority	1
Private rented: Private landlord or letting agency	1
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Other social rented	0
Private rented: Other private rented	0
Lives rent free	0

Number of People in a Household

The most houses in the SM7 2LB have 2 people in household (53), and 4 people in household (30).

2 people in household	53
4 people in household	30
3 people in household	23
1 person in household	20
5 people in household	8
7 people in household	1
0 people in household	0
6 people in household	0
8 or more people in household	0