Property profile

12Forge Steading

SM7 2DT

Banstead Village

Area profile →

Map showing 12, Forge Steading, Banstead

Property Price
150k200k250k300k400k500k750k1.5M

Estimated sale price

£350,000

Flats sold in Banstead Village

The box shows the middle 50% of flats sale prices, the whiskers show the 5th to 95th percentile, and the marker shows this property's estimated price.

Half of similar homes sold within the box; most sold within the wider line.

An indicative model estimate, not a survey or formal valuation.

This property vs market

Last sold15 May 2023
£350,000Change since last sale: −£2,000 (−0.5%)
Annualised change
−0.2% per yearReigate and Banstead annualised change (flats) since 2023: −0.8% per yearThis property's value fell more slowly than the market
Price per sq ftLocal median £445 per sq ft
£399 per sq ftEstimate vs local median: −£45 per sq ft (−10%)
Local sold pricesMedian for flats in Banstead Village
£335,000Estimate vs local median: +£13,000 (+3.9%)
How this estimate is calculated

Area360's automated valuation uses available property details, recorded sales and local market data to estimate a sale price. This automated estimate is a guide, not a survey, mortgage valuation or formal valuation. See the valuation methodology and limitations.

Estimate calculated .

Property facts

Property typeFlat / End-Terrace
TenureLeasehold
Construction period1967-1975
Floor area81 m² / 872 sq ft
Rooms3 habitable / 3 heated
Floor level2
EPC ratingD
EPC inspection12 Apr 2016

Sales history

DatePriceChange
15 May 2023£350,000+11%
05 Jul 2016£314,000-

Local market

Property prices in Banstead Village

Median price£591,500
Price per sq ft£517
Sales (last 12 months)112
Typical range (middle 50%)£360K – £776K

Based on 112 recent sales, the median property price is £591,500 (about £517 per square foot) in Banstead Village area, with individual transactions ranging from £140,000 up to £2,300,000.

Prices by property typelast 12 months

Median sale price, median price per square foot, sales count, and percentile information for each property type in Banstead Village over the last year.
TypeSalesMedian£/sq ft
Detached27£950,000£585
Semi-Detached28£676,250£531
Terraced19£570,000£499
Flats38£335,000£445

10-year price trendmedian sale price in Banstead Village

Sale price

Ten year median sale price trend for each property type in Banstead Village.
YearDetachedFlatsSemi-DetachedTerraced
2016£697,500£315,000£500,000£450,000
2017£720,000£308,500£500,000£387,500
2018£786,625£315,000£617,000£405,000
2019£735,000£312,500£520,000£436,000
2020£712,500£323,000£620,000£430,000
2021£785,000£315,000£610,000£498,500
2022£975,000£375,000£662,500£532,500
2023£970,000£350,000£675,000£556,500
2024£960,000£350,000£675,000£495,000
2025£875,000£315,500£670,000£622,500
2026£780,000£340,000£662,500£505,000
Ten year median sale price trend for each property type in Banstead Village.

Price per sq ft

Ten year median sale price per square foot trend for each property type in Banstead Village.
YearDetachedFlatsSemi-DetachedTerraced
2016£438£429£458£460
2017£479£450£476£427
2018£459£437£461£438
2019£469£440£471£461
2020£512£412£455£445
2021£534£446£502£465
2022£557£523£573£448
2023£621£504£552£487
2024£588£478£553£476
2025£581£446£526£529
2026£534£465£555£487
Ten year median sale price per square foot trend for each property type in Banstead Village.

Price distribution by property typelast 12 months

Price distribution by property type for Banstead Village in the last year.

Recent sales

There were 47 recent sold properties in the last 18 months near SM7 2DT.

Recent sold properties in the last 18 months near SM7 2DT
DateAddressTypeTenurePriceMap
11 Jun 202610, Forge Steading, Banstead, SM7 2DTFlatsLeasehold£315,000
16 Dec 202521, Forge Steading, Banstead, SM7 2DTFlatsLeasehold£335,000
05 Dec 202513, Forge Steading, Banstead, SM7 2DTFlatsLeasehold£336,000
15 May 202613, Cheyne Court, Park Road, Banstead, SM7 3BSFlatsLeasehold£340,000
27 Jun 202518, Buff Avenue, Banstead, SM7 2DWTerracedFreehold£650,000

Other properties at this postcode

AddressTenureFloor areaLast sale
1, Forge Steading, BansteadLeasehold76 m²£369,500 (2016)
2, Forge Steading, BansteadLeasehold75 m²£250,000 (2012)
6 Forge Steading, BansteadLeasehold79 m²£98,500 (1998)
8, Forge Steading, BansteadLeasehold74 m²£268,000 (2014)
9 Forge Steading, BansteadLeasehold83 m²£225,000 (2006)
10 Forge Steading, BansteadLeasehold81 m²£315,000 (2026)
11 Forge Steading, BansteadLeasehold83 m²£290,000 (2015)
13 Forge Steading, BansteadLeasehold83 m²£336,000 (2025)
15, Forge Steading, BansteadLeasehold87 m²£300,000 (2015)
16, Forge Steading, BansteadLeasehold75 m²£347,000 (2018)

Area insights for SM7 2DT

Full area profile →

Overview

Postcode SM7 2DT is located in a major urban area, within the Banstead Village ward of Reigate and Banstead in the South East region, and forms part of the Banstead area. It has very low deprivation and low crime levels, with around 45.4 crimes per 1,000 residents per year, about 46% below the South East average of 84 per 1,000. The average income per household in Banstead is £65,168 per year. The nearest station is Banstead, about 0.8 miles away. There are 3 primary and no secondary schools in the area. There is 1 park nearby, the closest small park is Lady Neville Recreation Ground.

Crime rate
4/10
Crimes per 1k residents
45
Deprivation level
2/10
Income level
6/10
Social housing
2.2%
Connectivity
N/A
Flood Risk
No risk
Noise Level
No noise

Deprivation level

2/10

Banstead has a very low level of deprivation, ranked at position 30,309 out of 32,844 areas in England, placing it within the bottom 8% least deprived areas in England.

Crime level

4/10

Banstead has a low crime rate, with approximately 45.4 reported incidents per 1,000 population each year.

Social housing

2.2%

Approximately 2.2% of homes on this street are social housing provided by a local council or housing association. Across the surrounding area, around 6.9% of dwellings are socially rented.

Income level

6/10

The average income per household in Banstead is £65,168 per year.

Noise Level

No noise

No significant noise sources from railways or roads near SM7 2DT.

Flood risk

No risk

Banstead near SM7 2DT has no flood risk (less than 0.1% chance of a flood each year) from rivers and sea.

Transport

The nearest station is Banstead located about 0.8 miles away. There are 1 stations nearby.

Nearby public transport stations for SM7 2DT
DistanceZoneNameLinesDirections
0.8 mi

6

Banstead

Southern

Walking directions to Banstead

Parks

Nearby parks and green spaces for SM7 2DT
DistanceNameSizeDirections
0.2 miLady Neville Recreation GroundSmallWalking directions to Lady Neville Recreation Ground

Area Profile

Population
228
Population density
1,526.1 per km²

Crime

Crime per 1,000 population

Violence and sexual offences
19.78(-38%)
Vehicle crime
7.33(+98%)
Anti-social behaviour
6.59(-46%)
Burglary
5.13(+97%)
Criminal damage and arson
3.66(-43%)
South East average

Demographics

Ethnic groups

British
177
77.97%
Other White
16
7.05%
Irish
9
3.96%
Chinese
8
3.52%
Indian
6
2.64%
Total population: 227

Economics

Education (age 16+)

Level 4+ (Degree)
63
30.29%
No qualifications
44
21.15%
Level 3 (A level)
32
15.38%
Level 2 (GCSEs 9-4)
26
12.5%
Level 1 (GCSEs 3-1)
24
11.54%
Total 16+ residents: 208

Housing

Housing tenure

Owns outright
77
56.62%
Private landlord or letting agency
29
21.32%
Owns with a mortgage
24
17.65%
Other forms of private rent
3
2.21%
Other social rented
2
1.47%
Total households: 136

Schools

In the SM7 2DT postcode area, located within Banstead, there are 3 primary and 0 secondary schools in close proximity.

Nearby primary and secondary schools for SM7 2DT
DistancePhaseNameTypeRating
0.4 miNot applicableBanstead Preparatory SchoolOther independent school

N/A

0.4 miPrimarySt Anne's Catholic Primary SchoolVoluntary aided school

Good

0.5 miPrimaryBanstead Infant SchoolAcademy converter

Good

Local amenities

5 nearby supermarkets & convenience stores within 0.5 mi of SM7 2DT

Nearby supermarkets & convenience stores for SM7 2DT
DistanceNameAddressDirections
0 miAll Spares173 High Street, Banstead, SM7 2NTWalking directions to All Spares
0.1 miCook149 High Street, Banstead, SM7 2NTWalking directions to Cook
0.2 miWaitrose102-104 High Street, Banstead, SM7 2NBWalking directions to Waitrose
0.2 miTesco Express98 High Street, Banstead, SM7 2NNWalking directions to Tesco Express
0.4 miM&S Simply Food1-13 High Street, Banstead, SM7 2NEWalking directions to M&S Simply Food