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House Prices in SM1 House Prices in SM1 (Sutton)

The average house price in SM1 (Sutton) is £479,613 using HM Land Registry data.

The average property price increased by £81,791 (18.05%) over the last 5 years and increased by £16,388 (2.88%) over the last 12 months.

Over the last year, there were 351 residential property sales – a decrease of 217 transactions (-61.82%) relative to the previous year. The majority of house sales (77) were in the £250,000 - £330,000 range. Then came properties in the £490,000 - £570,000 range, where 62 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 76 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-15,066 (-2%).

In Oct 24, there were new estate agency instructions, 81 agreed home sales and 60 property price reductions.

Nearby Postcodes: CR4, CR5, CR8, KT17, KT3, KT4, SM2, SM3, SM4, SM5, SM6, SM7, SW19, SW20

5-Year Average Property Prices in SM1 (Sutton)

18.05%

Property prices in Sutton increased by 18.05% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in SM1 (Sutton) Over the Last Year

2.88%

Property prices in Sutton increased by 2.88% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for SM1 (Sutton) - Oct 24

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in SM1 (Sutton)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in SM1 (Sutton)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in SM1 (Sutton)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the SM1 (Sutton) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the SM1 postcode area since 1995.

Recent Sales in SM1 (Sutton)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
28 Mead Crescent, Sutton, Greater London, SM1 3QS£660,000£650,000-£10,00020 Mar 202422 Aug 2024155 Days
67 Westfield Road, Cheam, Sutton, Greater London, SM1 2LA£575,000£560,000-£15,00026 Dec 202315 Aug 2024233 Days
38 Gander Green Lane, Sutton, Greater London, SM1 2EJ£600,000£587,500-£12,50018 Mar 202408 Aug 2024143 Days
1 Heron Close, Cheam, Sutton, Greater London, SM1 2NF£625,000£622,000-£3,00023 Jan 202402 Aug 2024192 Days
84 Surrey Grove, Sutton, Greater London, SM1 3PN£535,000£525,000-£10,00008 Mar 202401 Aug 2024146 Days
28 Montpelier Road, Sutton, Greater London, SM1 4QE£525,000£525,000£0018 Jan 202431 Jul 2024195 Days
57 Upper Vernon Road, Sutton, Greater London, SM1 4NW£550,000£550,000£0021 Feb 202431 Jul 2024161 Days
25 Strathearn Road, Sutton, Greater London, SM1 2RS£500,000£500,000£0030 Jan 202430 Jul 2024182 Days
2 Ringstead Road, Sutton, Greater London, SM1 4SE£700,000£695,000-£5,00005 Apr 202424 Jul 2024110 Days
26 Paget Avenue, Sutton, Greater London, SM1 3BE£700,000£696,000-£4,00016 Mar 202422 Jul 2024128 Days
83 Clensham Lane, Sutton, Greater London, SM1 2ND£550,000£545,000-£5,00006 Mar 202412 Jul 2024128 Days
62 Collingwood Road, Sutton, Greater London, SM1 2RX£400,000£397,000-£3,00016 Jan 202410 Jul 2024176 Days
12 Westfield Road, Cheam, Sutton, Greater London, SM1 2LB£575,000£560,000-£15,00012 Feb 202408 Jul 2024147 Days
1d, Hilldale Road, Cheam, Sutton, Greater London, SM1 2JA£550,000£540,000-£10,00012 Mar 202401 Jul 2024111 Days
100 Frederick Road, Cheam, Sutton, Greater London, SM1 2HU£550,000£530,000-£20,00014 May 202428 Jun 202445 Days
14 Colburn Way, Sutton, Greater London, SM1 3AU£575,000£565,000-£10,00025 Oct 202328 Jun 2024247 Days
42a, Lenham Road, Sutton, Greater London, SM1 4BG£350,000£342,500-£7,50026 Feb 202428 Jun 2024123 Days
40 Myrtle Road, Sutton, Greater London, SM1 4BX£420,000£415,000-£5,00005 Apr 202407 Jun 202463 Days
7 Orchard Gardens, Sutton, Greater London, SM1 2QD£630,000£628,000-£2,00008 Jan 202431 May 2024144 Days
74 Clarence Road, Sutton, Greater London, SM1 1RJ£500,000£494,500-£5,50026 Dec 202330 May 2024156 Days

Most Expensive Streets in SM1 (Sutton)

PostcodeStreetAreaAverageNo. of Sales
SM1 2APGrove RoadSutton£1,035,3333
SM1 2BLDerby RoadSutton£1,019,3336
SM1 2DHSalisbury AvenueSutton£891,0004
SM1 2DJSalisbury AvenueSutton£827,1004
SM1 2DBGrove RoadSutton£820,1427
SM1 2DWQuarry RiseSutton£787,4005
SM1 2DRQuarry Park Road, CheamSutton£765,0003
SM1 4PDFairview RoadSutton£762,9005
SM1 2EBCheam RoadSutton£757,0005
SM1 2DELandseer RoadSutton£753,0005

Least Expensive Streets in SM1 (Sutton)

PostcodeStreetAreaAverageNo. of Sales
SM1 1SDCrown RoadSutton£135,7005
SM1 4QNThicket RoadSutton£142,25014
SM1 4JJTurnpike LaneSutton£158,3333
SM1 4EGBurnell RoadSutton£198,6666
SM1 4EHBrunswick RoadSutton£213,1005
SM1 4TQGillray House, Sutton GroveSutton£219,3754
SM1 3PDCroft Court, Prince Of Wales RoadSutton£225,5003
SM1 1RZDennis House, Crown RoadSutton£227,6664
SM1 3TTWheatcroft Court, Cleeve WaySutton£228,2229
SM1 4EEBurnell RoadSutton£228,8336

Explore SM1 (Sutton) using map

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