Housing Market Analysis for MERRYMEET, SM7 3HT

Are you looking to understand SM7 3HT 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 3HT area, explore the SM7 3HT Area information page.
For comprehensive crime statistics in the SM7 3HT area, explore the SM7 3HT Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the SM7 3HT postcode area, The average prices are as follows,

Flat
- The average price is around £157,292 median price is £161,000 Standard Deviation is £63,440 with Total Sold: 20
- The Last 5 Year average price is £245,000 with Total Sold: 2
- The most recent sale happened at this postcode is 16 MERRYMEET: £250,000 (Sold on 29 Apr 2021)
- The first recorded sale happened at this postcode is 38 MERRYMEET: £54,950 (Sold on 23 Jul 1996)
Terraced
- The average price is around £244,723 median price is £224,000 Standard Deviation is £106,701 with Total Sold: 11
- The Last 5 Year average price is £409,250 with Total Sold: 2
- The most recent sale happened at this postcode is 10 MERRYMEET: £432,500 (Sold on 14 Apr 2021)
- The first recorded sale happened at this postcode is 6 MERRYMEET: £50,000 (Sold on 09 Dec 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average SM7 3HT 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: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£250,000	£3,702	1
2019	£240,000	£3,429	1
2018	£275,000	£4,104	1
2016	£262,500	£3,750	1
2013	£170,000	£2,429	1
2012	£170,000	£2,483	2
2009	£150,000	£2,180	1
2008	£176,000	£2,514	1
2007	£168,000		1
2006	£157,000	£2,294	2
2004	£153,475	£2,213	2
2003	£143,500	£2,142	1
2000	£83,000	£1,213	2
1999	£64,000		1
1998	£64,950	£944	1
1996	£54,950	£808	1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£432,500	£4,325	1
2019	£386,000	£4,289	1
2016	£366,500	£4,072	1
2011	£250,000	£2,774	1
2007	£230,000	£2,300	1
2006	£218,975	£2,431	2
2005	£224,000	£2,489	1
2002	£157,500	£1,749	2
1997	£50,000	£562	1

All the Sales in the MERRYMEET, SM7 3HT

See the table below for more details on the sold house prices in the SM7 3HT, Reigate and Banstead postcode.

Address	Sold Date	Price	% Change
16 MERRYMEETFlat, LeaseholdArea: 67.54 Sq.mtrAge: 1967-1975	29 Apr 2021	£250,000	-4.76%
	16 Sep 2016	£262,500	54.41%
	05 Jul 2013	£170,000	0.0
	07 Sep 2012	£170,000	-3.41%
	02 May 2008	£176,000	15.03%
	10 Mar 2006	£153,000	4.83%
	30 Jan 2004	£145,950	First Sale
10 MERRYMEETTerraced, FreeholdArea: 100 Sq.mtrAge: 1967-1975	14 Apr 2021	£432,500	88.04%
	08 Aug 2007	£230,000	First Sale
32 MERRYMEETFlat, LeaseholdArea: 70 Sq.mtrAge: 1967-1975	17 Sep 2019	£240,000	201.89%
32 MERRYMEETFlat, LeaseholdArea: 70 Sq.mtrAge: 1967-1975	26 May 2000	£79,500	First Sale
4 MERRYMEETTerraced, FreeholdArea: 90 Sq.mtrAge: 1967-1975	15 Apr 2019	£386,000	72.32%
4 MERRYMEETTerraced, FreeholdArea: 90 Sq.mtrAge: 1967-1975	04 Feb 2005	£224,000	First Sale
30 MERRYMEETFlat, LeaseholdArea: 67 Sq.mtrAge: 1967-1975	27 Jun 2018	£275,000	61.76%
	21 Sep 2012	£170,000	5.59%
	28 Sep 2006	£161,000	12.20%
	22 Aug 2003	£143,500	65.90%
	24 Nov 2000	£86,500	First Sale
8 MERRYMEETTerraced, FreeholdArea: 90 Sq.mtrAge: 1967-1975	06 Jul 2016	£366,500	63.65%
	04 May 2006	£223,950	40.85%
	18 Jul 2002	£159,000	First Sale
12 MERRYMEETTerraced, FreeholdArea: 90.12 Sq.mtrAge: 1967-1975	19 Jan 2011	£250,000	16.82%
	27 Sep 2006	£214,000	37.18%
	11 Mar 2002	£156,000	First Sale
36 MERRYMEETFlat, LeaseholdArea: 68.8 Sq.mtrAge: 1967-1975	18 Nov 2009	£150,000	-6.83%
	18 Oct 2004	£161,000	147.88%
	02 Nov 1998	£64,950	First Sale
20 MERRYMEETFlat, Leasehold	20 Sep 2007	£168,000	162.50%
20 MERRYMEETFlat, Leasehold	26 Mar 1999	£64,000	First Sale
6 MERRYMEETTerraced, FreeholdArea: 89 Sq.mtrAge: 1967-1975	09 Dec 1997	£50,000	First Sale
38 MERRYMEETFlat, LeaseholdArea: 68 Sq.mtrAge: 1967-1975	23 Jul 1996	£54,950	First Sale

Check out the sold house prices near the SM7 3HT postcode. Properties currently for saleProperties currently for rent

MERRYMEET, SM7 3HT Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the SM7 3HT 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 3HT postcode.

Semi-Detached
- The average price is around £279,676 median price is £245,000 Standard Deviation is £155,323 with Total Sold: 255
- The Last 5 Year average price is £520,640 with Total Sold: 42
- The most recent sale happened at this postcode is , 126 CHIPSTEAD WAY: £520,000 (Sold on 19 Jul 2024)
- The first recorded sale happened at this postcode is , 44 CARSHALTON ROAD: £15,000 (Sold on 13 Jan 1995)
Terraced
- The average price is around £234,488 median price is £221,972 Standard Deviation is £126,715 with Total Sold: 94
- The Last 5 Year average price is £431,469 with Total Sold: 16
- The most recent sale happened at this postcode is , 23 WOODMANSTERNE STREET: £425,000 (Sold on 26 Jun 2024)
- The first recorded sale happened at this postcode is , 17A WOODMANSTERNE STREET: £124,500 (Sold on 11 Jan 1995)
Flat
- The average price is around £150,495 median price is £146,475 Standard Deviation is £81,708 with Total Sold: 88
- The Last 5 Year average price is £296,050 with Total Sold: 10
- The most recent sale happened at this postcode is 2, STAFFORD COURT KINGSCROFT ROAD: £315,000 (Sold on 23 Oct 2023)
- The first recorded sale happened at this postcode is 4, STAFFORD COURT KINGSCROFT ROAD: £58,250 (Sold on 09 Jun 1995)
Detached
- The average price is around £474,087 median price is £398,000 Standard Deviation is £317,725 with Total Sold: 49
- The Last 5 Year average price is £705,000 with Total Sold: 6
- The most recent sale happened at this postcode is , AMBLESIDE CARSHALTON ROAD: £1,005,000 (Sold on 10 Dec 2021)
- The first recorded sale happened at this postcode is , LILAC TREES CARSHALTON ROAD: £237,000 (Sold on 17 Apr 1998)
Other
- The average price is around £167,333 median price is £40,000 Standard Deviation is £200,202 with Total Sold: 3
- The Last 5 Year average price is £167,333 with Total Sold: 3
- The most recent sale happened at this postcode is , THE LOOK IN, 7 WOODMANSTERNE STREET: £40,000 (Sold on 22 May 2020)
- The first recorded sale happened at this postcode is , 19A WOODMANSTERNE STREET: £450,000 (Sold on 08 May 2019)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£564,983		3
2023	£545,000	£5,517	5
2022	£597,778	£6,297	9
2021	£476,950	£5,313	10
2020	£488,825	£5,431	6
2019	£484,944	£5,163	9
2018	£465,357	£5,149	7
2017	£432,980	£4,353	5
2016	£451,286	£5,201	7
2015	£410,833	£4,091	6
2014	£420,375	£4,377	8
2013	£339,988	£3,647	4
2012	£320,625	£3,950	4
2011	£299,112	£3,394	4
2010	£294,250	£2,965	4
2009	£268,894	£3,304	8
2008	£334,800	£3,459	5
2007	£280,288	£3,215	12
2006	£253,540	£2,661	10
2005	£229,541	£2,093	11
2004	£241,830	£2,225	8
2003	£227,290	£2,650	15
2002	£190,329	£2,404	12
2001	£164,894	£1,935	17
2000	£157,868	£1,894	8
1999	£121,207	£1,389	7
1998	£123,655	£1,404	11
1997	£106,222	£1,150	18
1996	£93,889	£934	11
1995	£84,441	£816	11

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£425,000		1
2023	£486,250	£4,963	4
2022	£432,500	£4,859	2
2021	£432,500	£4,325	1
2020	£453,333	£4,230	3
2019	£375,200	£4,236	5
2018	£346,667	£3,464	3
2016	£428,250	£4,012	2
2015	£315,000	£3,582	3
2014	£280,000	£3,028	2
2013	£265,000	£3,504	1
2011	£266,590	£2,892	5
2010	£309,833	£2,603	3
2009	£207,500	£2,311	1
2008	£236,050	£2,670	3
2007	£255,650	£2,721	3
2006	£184,158	£2,395	6
2005	£186,333	£2,370	3
2004	£218,000	£2,538	6
2003	£181,070	£2,069	7
2002	£157,500	£1,749	2
2001	£191,500		2
2000	£145,875	£1,254	2
1999	£119,000	£1,173	3
1998	£103,362	£1,185	4
1997	£92,667	£901	6
1996	£86,275	£810	8
1995	£93,667	£894	3

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£295,000	£4,548	2
2022	£418,750	£6,108	2
2021	£264,333	£4,094	3
2019	£246,667	£3,475	3
2018	£267,500	£3,909	2
2016	£264,100	£3,774	3
2015	£210,000	£2,670	2
2014	£209,250	£2,940	4
2013	£170,000	£2,429	1
2012	£170,000	£2,483	2
2011	£207,500	£3,773	1
2010	£125,667	£1,905	3
2009	£153,000	£2,192	3
2008	£184,250	£2,514	2
2007	£169,500		2
2006	£156,857	£2,273	7
2005	£155,250	£2,156	2
2004	£148,988	£2,213	4
2003	£139,000	£2,006	7
2002	£127,500	£1,809	2
2001	£101,667	£1,659	3
2000	£95,180	£1,430	5
1999	£69,075	£1,013	6
1998	£68,492	£1,058	6
1997	£60,533		3
1996	£51,050	£722	4
1995	£53,312	£1,064	4

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£897,500	£5,772	2
2020	£685,000	£4,762	3
2019	£380,000	£4,222	1
2018	£705,000	£3,234	1
2017	£690,000	£5,656	1
2016	£573,333	£4,371	3
2015	£542,500	£4,478	2
2014	£648,000		1
2012	£1,999,999	£4,179	1
2011	£850,000		1
2010	£385,000		1
2009	£454,000	£2,540	2
2008	£720,000	£2,308	1
2007	£554,500	£4,174	4
2006	£412,500	£2,786	2
2005	£286,250	£2,446	4
2004	£226,000	£2,135	2
2003	£430,250		4
2002	£253,917	£1,412	6
2001	£195,188		2
1999	£219,967	£1,138	3
1998	£177,250		2

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2020	£26,000		2
2019	£450,000	£5,875	1

House Type in SM7 3HT area

The most common house types in the SM7 3HT postcode area are Flat (53), Terraced (47), and Detached (13).

Total	130
Flat	53
Terraced	47
Detached	13
Semi-detached	12
commercial building	4
Shared house	1
converted building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (41), and Owned: Owns outright (32).

Owned: Owns with a mortgage or loan	41
Owned: Owns outright	32
Social rented: Other social rented	32
Shared ownership: Shared ownership	10
Private rented: Private landlord or letting agency	10
Social rented: Rents from council or Local Authority	3
Private rented: Other private rented	1
Does not apply	0
Lives rent free	0

Number of People in a Household

The most houses in the SM7 3HT have 2 people in household (41), and 1 person in household (37).

2 people in household	41
1 person in household	37
4 people in household	27
3 people in household	20
5 people in household	3
6 people in household	1
0 people in household	0
7 people in household	0
8 or more people in household	0