Land by postcode · SM area · Banstead

Land in Banstead

Banstead covers the SM7 postcode district, in Surrey. Planning applications here are decided by the Reigate and Banstead planning authority. Below: what homes sold for, which planning controls apply, and what that means before you sell or develop a plot in Banstead.

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What homes sold for in Banstead

Residential sales recorded by HM Land Registry between 2024-08 and 2026-07 across the SM7 district. This is market context for the town, not a land valuation: what a plot is worth depends on what can be built on it, which these figures do not show.

Sales in 24 months

442

Median sale price

£636,750

Median £ per m² of floor area

£6,444

Median, last 12m vs prior 12m

-3.1%

£650,000 → £630,000

Mix of sales: 35% detached, 33% semi-detached, 10% terraced, 22% flats.

New-build sales 2023–2024: 17 of 480 (4%). A rough proxy for recent building activity: these are homes sold by builders, not development sites.

Planning designations and controls in Banstead

For each designation on the planning.data.gov.uk register, the share of the 469 live postcodes in SM7 whose centroid falls inside it. This measures postcodes, not land area, and says nothing about any individual plot.

Green Belt

16%

76 of 469 postcodes

Conservation Area

3%

14 of 469 postcodes

Park Road and Mint Road, Banstead

No postcodes in SM7 fall inside: National Landscape (AONB), National Park, Article 4 Direction area.

Flood zones, tree preservation orders, local plan allocations, settlement boundaries and non-designated heritage are not included here and are checked in a full assessment.

What the figures mean for land in Banstead

16% of postcodes in Banstead are inside the Green Belt, so Banstead has land both inside and outside it. Which side of the boundary a plot sits on determines whether the Green Belt tests apply to it at all.

These are town-level facts. The free assessment checks your actual boundary against the same registers and the local plan and tells you plainly what they mean for your plot.

What landowners have been granted in Banstead

Decided planning applications in Banstead since 2021, from the council registers, grouped by the kind of scheme a landowner might be weighing up. Extensions, conditions and tree works are left out. Counts, not estimates.

Also decided here: 3 applications for outbuildings, annexes or garden buildings, 1 approved.

Decided planning applications (not extensions, conditions or tree works) from the councils' own registers, summed across the 1 of 1 postcode districts in Banstead that carry them, classified by the wording of each proposal. Counts, not estimates; within a district, a class with fewer than three applications is not counted.

Who decides planning here

Reigate and Banstead covers 95% of the sampled postcodes in Banstead.

Check your own plot in Banstead

Draw your boundary, tell us what you own, and an architect checks it against these registers and the local plan. Free, no obligation, and you get a straight written answer.

Questions landowners ask about Banstead

Can I build on land I own in Banstead?

It depends on where the plot sits, not on the town average. Across Banstead, 16% of postcodes are in the Green Belt and 3% in a conservation area. on Green Belt or National Landscape plots a new home is the exception and needs a specific case, and a replacement dwelling, a conversion or a modest extension is usually the realistic route. Outside those designations the questions that decide it are whether the plot is inside or adjoining the settlement boundary in the local plan, whether it has its own road access, and what is next to it.

Do I need planning permission for an outbuilding, extension or change of use in Banstead?

No Article 4 direction is recorded for Banstead, so houses keep their normal permitted development rights for outbuildings and extensions within the size limits. Those rights do not extend to agricultural land, paddocks or a change of use to residential, which normally need permission or prior approval.

Will a developer be interested in a plot in Banstead?

Developers look at three things before they talk about price: whether the plot is outside the Green Belt and any National Landscape, whether it sits inside or beside the settlement boundary, and what finished homes sell for. In Banstead the median sale is £636,750, and only 4% of 2023–2024 sales were new-build homes, so builders have been quiet here. A single plot usually goes to a local builder or a self-builder; a site for five or more homes attracts regional housebuilders, normally through an option or a conditional contract rather than an outright purchase, so the price you see quoted is not the price you receive.

What is a plot of land worth in Banstead?

There is no town figure for land, because a plot's value comes from what can be built on it, not from where it is. As a guide, a serviced plot with consent for one house commonly sells for around a third of the finished house value, which in Banstead would be measured against a £636,750 median sale. The same plot without consent, or inside the Green Belt, is worth a small fraction of that, and a paddock with no realistic route to consent is worth agricultural or amenity value only. The free check tells you which of those your plot is before you talk to anyone about a price.

Worth reading before you decide

The district in detail

Nearby towns

Computed from open-data records; town-level, not plot-level measurements. Banstead here means the postcode district whose most common post town is Banstead. Sales: HM Land Registry Price Paid Data (2024-08-01 to 2026-07-31), © Crown copyright, Open Government Licence. Designations: planning.data.gov.uk (OGL); conservation areas and Article 4 directions are made locally and published on that national register. Postcode centroids: OS Code-Point Open, contains OS data © Crown copyright and database right 2026. Figures computed 2026-10-19.