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Local market reports › SM

SM local market report Sutton

Every figure on this page comes from the public record: 121,705 sales registered with HM Land Registry in the SM postcode area (Sutton) since 1995, each one a completed purchase at a real price, plus current rental figures from the ONS. Nothing here is a valuation, an estimate or an asking price.

Sales data to May 2026. Rents: ONS, May 2026. Regenerated with every monthly data refresh.

SM is the postcode area centred on Sutton, taking in 7 districts. Figures this wide smooth over big local differences, so use the district reports below for anywhere specific.

Where SM sits

Click the map to open SM on the live map, with every sale plotted at its address. The average pricing view shades the whole country the same way.

CRSWSEKTBRTWSM
£437,500median sold price, 2026
+3%five-year change (cash)
2,167sales in the last 12 months
4.3%gross rental yield (est.)

What a home in SM sells for

The 2026 median in SM is £437,500, from 592 registered sales; the mean, £469,100, sits modestly above it, the usual shape of a market with an expensive tail.

For scale: the England and Wales median is £274,000, so SM trades 60% above the country as a whole.

The price of a typical SM home, 1995 to 2026

The median as recorded at the time, and each year restated in today's money (ONS CPIH), the sharper test of whether homes really got dearer. Hover for the year-by-year figures; click a legend entry to isolate a series.

Price at the timeIn today's money (CPIH)
£250k£500k£750k£1.00M1995200020052010201520202026 1995: £70,000 at the time · £148,615 in today's money · 3,682 sales1996: £72,000 at the time · £148,299 in today's money · 4,376 sales1997: £76,500 at the time · £153,222 in today's money · 4,824 sales1998: £88,000 at the time · £173,486 in today's money · 4,796 sales1999: £101,500 at the time · £197,560 in today's money · 5,339 sales2000: £122,000 at the time · £233,833 in today's money · 4,758 sales2001: £135,000 at the time · £253,469 in today's money · 5,292 sales2002: £160,000 at the time · £294,008 in today's money · 5,479 sales2003: £180,000 at the time · £323,859 in today's money · 4,796 sales2004: £194,000 at the time · £344,113 in today's money · 4,951 sales2005: £205,000 at the time · £356,297 in today's money · 4,207 sales2006: £215,000 at the time · £364,496 in today's money · 5,252 sales2007: £238,000 at the time · £394,286 in today's money · 5,249 sales2008: £238,000 at the time · £381,021 in today's money · 2,583 sales2009: £215,000 at the time · £337,543 in today's money · 2,647 sales2010: £240,500 at the time · £368,357 in today's money · 2,721 sales2011: £236,000 at the time · £347,949 in today's money · 2,760 sales2012: £245,000 at the time · £352,188 in today's money · 2,924 sales2013: £250,000 at the time · £351,324 in today's money · 3,405 sales2014: £290,000 at the time · £401,807 in today's money · 3,893 sales2015: £325,000 at the time · £448,500 in today's money · 3,882 sales2016: £353,000 at the time · £482,317 in today's money · 3,755 sales2017: £370,000 at the time · £492,857 in today's money · 3,616 sales2018: £380,000 at the time · £494,717 in today's money · 3,160 sales2019: £399,200 at the time · £511,035 in today's money · 3,235 sales2020: £410,000 at the time · £519,559 in today's money · 2,869 sales2021: £425,000 at the time · £525,538 in today's money · 4,265 sales2022: £438,000 at the time · £501,610 in today's money · 3,627 sales2023: £440,500 at the time · £472,698 in today's money · 2,917 sales2024: £463,000 at the time · £480,767 in today's money · 2,929 sales2025: £460,000 at the time · £460,000 in today's money · 2,924 sales2026: £437,500 at the time · £437,500 in today's money · 592 sales
See this chart as a table
YearMedian (cash)Median (today's £)Sales
2026£437,500£437,500592
2025£460,000£460,0002,924
2024£463,000£480,7672,929
2023£440,500£472,6982,917
2022£438,000£501,6103,627
2021£425,000£525,5384,265
2020£410,000£519,5592,869
2019£399,200£511,0353,235
2018£380,000£494,7173,160
2017£370,000£492,8573,616
2016£353,000£482,3173,755
2015£325,000£448,5003,882
2014£290,000£401,8073,893
2013£250,000£351,3243,405
2012£245,000£352,1882,924
2011£236,000£347,9492,760
2010£240,500£368,3572,721
2009£215,000£337,5432,647
2008£238,000£381,0212,583
2007£238,000£394,2865,249
2006£215,000£364,4965,252
2005£205,000£356,2974,207
2004£194,000£344,1134,951
2003£180,000£323,8594,796
2002£160,000£294,0085,479
2001£135,000£253,4695,292
2000£122,000£233,8334,758
1999£101,500£197,5605,339
1998£88,000£173,4864,796
1997£76,500£153,2224,824
1996£72,000£148,2994,376
1995£70,000£148,6153,682

In cash terms the typical SM home went from £70,000 in 1995 to £437,500 in 2026, roughly 6 times the price. Even after inflation that is a real rise of about 194%: homes here genuinely became dearer, not just more expensive on paper. Measured in today's money the market peaked in 2021; the current median sits about 17% below that. Someone who bought at the 2021 peak has not yet seen that price back in real terms.

Year-on-year change in the SM median

Each bar is the change on the year before, in cash. The zero line is the boundary between rising and falling.

+25% -25% 0% 1996 · +2.9% on the year before1997 · +6.3% on the year before1998 · +15.0% on the year before1999 · +15.3% on the year before2000 · +20.2% on the year before2001 · +10.7% on the year before2002 · +18.5% on the year before2003 · +12.5% on the year before2004 · +7.8% on the year before2005 · +5.7% on the year before2006 · +4.9% on the year before2007 · +10.7% on the year before2008 · +0.0% on the year before2009 · −9.7% on the year before2010 · +11.9% on the year before2011 · −1.9% on the year before2012 · +3.8% on the year before2013 · +2.0% on the year before2014 · +16.0% on the year before2015 · +12.1% on the year before2016 · +8.6% on the year before2017 · +4.8% on the year before2018 · +2.7% on the year before2019 · +5.1% on the year before2020 · +2.7% on the year before2021 · +3.7% on the year before2022 · +3.1% on the year before2023 · +0.6% on the year before2024 · +5.1% on the year before2025 · −0.6% on the year before2026 · −4.9% on the year before200020052010201520202026

The strongest year on record here is 2000 (+20.2% on the year before); the weakest, 2009 (−9.7%). Single-year swings like these are why the annualised table below matters more than any one year's headline.

Annualised returns

PeriodCash, per yearReal terms, per year
1 years (since 2025)−4.9%−4.9%
5 years (since 2021)+0.6%−3.6%
10 years (since 2016)+2.2%−1.0%
20 years (since 2006)+3.6%+0.9%

Compound annual growth of the median sold price; the real column deflates by ONS CPIH. Annualised figures smooth the cycle (the chart above shows the cycle), and past growth is a record, not a forecast.

Transaction volumes

How many homes change hands

Recorded sales per year. The dip after 2008 is the financial crisis; the last bar is still filling in as recent sales get registered.

5,00010k 1995: 3,682 sales1996: 4,376 sales1997: 4,824 sales1998: 4,796 sales1999: 5,339 sales2000: 4,758 sales2001: 5,292 sales2002: 5,479 sales2003: 4,796 sales2004: 4,951 sales2005: 4,207 sales2006: 5,252 sales2007: 5,249 sales2008: 2,583 sales2009: 2,647 sales2010: 2,721 sales2011: 2,760 sales2012: 2,924 sales2013: 3,405 sales2014: 3,893 sales2015: 3,882 sales2016: 3,755 sales2017: 3,616 sales2018: 3,160 sales2019: 3,235 sales2020: 2,869 sales2021: 4,265 sales2022: 3,627 sales2023: 2,917 sales2024: 2,929 sales2025: 2,924 sales2026: 592 sales1995200020052010201520202026

The last five years, month by month

Monthly registrations. The sawtooth is seasonal; the register runs weeks behind completions at the right-hand edge.

5001,000 June 2021 · 812 sales registeredJuly 2021 · 125 sales registeredAugust 2021 · 239 sales registeredSeptember 2021 · 500 sales registeredOctober 2021 · 188 sales registeredNovember 2021 · 241 sales registeredDecember 2021 · 273 sales registeredJanuary 2022 · 241 sales registeredFebruary 2022 · 305 sales registeredMarch 2022 · 292 sales registeredApril 2022 · 235 sales registeredMay 2022 · 292 sales registeredJune 2022 · 299 sales registeredJuly 2022 · 291 sales registeredAugust 2022 · 301 sales registeredSeptember 2022 · 333 sales registeredOctober 2022 · 348 sales registeredNovember 2022 · 352 sales registeredDecember 2022 · 338 sales registeredJanuary 2023 · 272 sales registeredFebruary 2023 · 252 sales registeredMarch 2023 · 261 sales registeredApril 2023 · 189 sales registeredMay 2023 · 198 sales registeredJune 2023 · 278 sales registeredJuly 2023 · 247 sales registeredAugust 2023 · 309 sales registeredSeptember 2023 · 242 sales registeredOctober 2023 · 240 sales registeredNovember 2023 · 254 sales registeredDecember 2023 · 175 sales registeredJanuary 2024 · 211 sales registeredFebruary 2024 · 189 sales registeredMarch 2024 · 202 sales registeredApril 2024 · 219 sales registeredMay 2024 · 255 sales registeredJune 2024 · 233 sales registeredJuly 2024 · 285 sales registeredAugust 2024 · 270 sales registeredSeptember 2024 · 254 sales registeredOctober 2024 · 309 sales registeredNovember 2024 · 276 sales registeredDecember 2024 · 226 sales registeredJanuary 2025 · 194 sales registeredFebruary 2025 · 270 sales registeredMarch 2025 · 600 sales registeredApril 2025 · 104 sales registeredMay 2025 · 181 sales registeredJune 2025 · 200 sales registeredJuly 2025 · 266 sales registeredAugust 2025 · 248 sales registeredSeptember 2025 · 225 sales registeredOctober 2025 · 252 sales registeredNovember 2025 · 219 sales registeredDecember 2025 · 165 sales registeredJanuary 2026 · 126 sales registeredFebruary 2026 · 154 sales registeredMarch 2026 · 149 sales registeredApril 2026 · 129 sales registeredMay 2026 · 34 sales registered

SM recorded 2,167 sales in the last twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 4,998 sales a year before the financial crisis and 2,598 a year over the last five. Volume matters as much as price: when few homes change hands, the median gets jumpy and a single street can move the figure. The most recent year is always still filling in, because sales appear in the Land Registry weeks or months after completion.

What homes rent for around SM

SM falls under Sutton, the local authority covering most of the SM area (parts fall under Merton and Reigate and Banstead, where rents differ), where the ONS puts the average private rent at £1,550 a month (May 2026 figures). A one-bed averages £1,233 a month here and a four-or-more-bed £2,486, so size does most of the work in setting the rent.

Average monthly rent by size, Sutton

ONS Price Index of Private Rents, May 2026.

1 bed: £1,233 a month£1,2331 bed2 bed: £1,549 a month£1,5492 bed3 bed: £1,889 a month£1,8893 bed4+ bed: £2,486 a month£2,4864+ bed

Set against the £437,500 median sold price, £1,550 a month is £18,600 a year, a gross yield of 4.3%: gross, before letting costs, voids, maintenance and tax, so a ceiling rather than a promise. Rents are published at local-authority level, so nearby districts in the same authority share these figures.

Will SM prices rise from here?

Nobody can tell you that, and this page will not pretend to. What the record shows: the median is up 3% over five years in cash but down 17% after inflation. If you are weighing a purchase, read the volume chart alongside the price one, and remember that every figure here is a completed sale, lagged by the weeks it takes the Land Registry to register it.

Ladders and snakes: five-year risers and fallers

The spread across the SM area is the point: the same five years treated these districts very differently.

Five-year change in the median, SM area districts

The biggest risers and fallers in cash terms; every row links to that district's report.

SM3SM3 · +16% over five years · median £552,200+16%SM5SM5 · +10% over five years · median £438,500+10%SM1SM1 · +5% over five years · median £420,000+5%SM1SM1 · +5% over five years · median £420,000+5%SM7SM7 · +2% over five years · median £595,000+2%SM7SM7 · +2% over five years · median £595,000+2%SM4SM4 · +2% over five years · median £460,000+2%SM4SM4 · +2% over five years · median £460,000+2%SM6SM6 · −1% over five years · median £395,000−1%SM2SM2 · −5% over five years · median £336,000−5%

District by district

The area medians above hide a lot. Here is every SM district with enough sales to measure, dearest first; each links to its own full report.

DistrictMedian (2026)5-yearSales
SM7 Banstead (including Nork), Woodmansterne£595,000+2%48
SM3 The western part of Sutton Common, North Cheam£552,200+16%56
SM4 Morden, Morden Park£460,000+2%84
SM5 Carshalton, Carshalton Beeches£438,500+10%102
SM1 Sutton, Rosehill£420,000+5%105
SM6 Wallington, Beddington£395,000-1%113
SM2 Belmont, South Sutton£336,000-5%84

Dig further

See every individual SM sale on the live map, mapped to the exact address, or the quick-reference SM price page. The report tool writes a custom answer to a specific question, and the mortgage and rent calculator on any sale runs the numbers on a real purchase.

How this page is made: the statistics are computed from HM Land Registry Price Paid Data (Crown copyright, OGL v3.0), geocoded to address level; inflation adjustment uses the ONS CPIH index; rents are the ONS Price Index of Private Rents at local-authority level. Medians of recorded sales, not valuations. Nothing on this page is financial advice.