Local market reports › SM area › SM3
The western part of Sutton Common market report SM3, Sutton
The standing SM3 (The western part of Sutton Common) property market report, rebuilt from the full public record every month. Underneath every chart here sit 10,574 registered sales in SM3 (Sutton) since 1995, the HM Land Registry record of what buyers really paid, with ONS figures covering rents. Nothing is a valuation, an estimate or an asking price.
Sales data to July 2026. Rents: ONS, May 2026. Regenerated with every monthly data refresh.
In short: the typical home in SM3 (Sutton) sold for £550,000 in 2026, the median of 89 registered sales, up 12% on five years earlier. The mean was £529,600, and by floor area homes here have averaged about £5,880 per square metre over the last five years. The figures cover 10,574 sales recorded by HM Land Registry since 1995 and refresh with each monthly release: completed sale prices, not valuations or asking prices.
SM3 is a postcode district covering The western part of Sutton Common, North Cheam, Cheam village in Sutton. It is the most useful size for market figures: tight enough to describe somewhere real, large enough that sales keep coming and the medians hold steady.
Where SM3 sits
Shaded by median price on the same scale as the average prices map. Click any shape to open it on the live map with every sale plotted at its address, or zoom in past street level to see the sold homes right here.
Today's SM3 prices, from the sold record
Across 89 registered 2026 sales, the typical (median) SM3 home went for £550,000. The mean is £529,600, almost on top of it, so sales bunch tightly around the typical price.
Price per square metre in SM3
The last five years of sales put SM3 at roughly £5,880 per square metre. That figure, built from each sale's Energy Performance Certificate floor area, is the one that makes a small flat and a big house comparable.
The national median for England and Wales is £285,000, which puts SM3 93% above the country at large.
SM3's median sold price, 1995 to 2026
One line records the median as paid; the other restates every year in today's money via ONS CPIH, the honest measure of getting dearer. Hover for year figures, click the legend to isolate a line.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £550,000 | £550,000 | 89 |
| 2025 | £550,000 | £563,152 | 280 |
| 2024 | £540,000 | £574,131 | 224 |
| 2023 | £550,200 | £604,535 | 236 |
| 2022 | £525,000 | £615,622 | 273 |
| 2021 | £489,000 | £619,137 | 366 |
| 2020 | £475,000 | £616,322 | 232 |
| 2019 | £432,000 | £566,249 | 290 |
| 2018 | £445,000 | £593,193 | 298 |
| 2017 | £445,000 | £606,935 | 262 |
| 2016 | £395,000 | £552,609 | 377 |
| 2015 | £380,000 | £536,940 | 305 |
| 2014 | £345,000 | £489,443 | 335 |
| 2013 | £300,000 | £431,670 | 269 |
| 2012 | £273,500 | £402,558 | 245 |
| 2011 | £270,000 | £407,596 | 258 |
| 2010 | £275,000 | £431,271 | 224 |
| 2009 | £246,000 | £395,447 | 226 |
| 2008 | £250,000 | £409,803 | 254 |
| 2007 | £275,500 | £467,325 | 468 |
| 2006 | £245,000 | £425,289 | 452 |
| 2005 | £233,200 | £415,002 | 358 |
| 2004 | £227,000 | £412,276 | 439 |
| 2003 | £210,000 | £386,871 | 420 |
| 2002 | £184,000 | £346,194 | 505 |
| 2001 | £157,000 | £301,824 | 479 |
| 2000 | £149,000 | £292,413 | 412 |
| 1999 | £117,000 | £233,175 | 482 |
| 1998 | £108,000 | £218,006 | 373 |
| 1997 | £89,000 | £182,521 | 397 |
| 1996 | £82,000 | £172,934 | 407 |
| 1995 | £79,000 | £171,734 | 339 |
In cash terms the typical SM3 home went from £79,000 in 1995 to £550,000 in 2026, roughly 7 times the price. Inflation explains only part of it: in today's money the rise is still about 220%, a genuine increase in what a home here costs. The real-terms peak came in 2021, and today's median remains roughly 11% under it: a 2021 buyer is still waiting to get that price back in today's money.
Year-on-year change in the SM3 median
Each bar is the change on the year before, in cash. The zero line is the boundary between rising and falling.
The strongest year on record here is 2000 (+27.4% on the year before); the weakest, 2008 (−9.3%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
What SM3 has returned, per year
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | 0.0% | −2.3% |
| 5 years (since 2021) | +2.4% | −2.3% |
| 10 years (since 2016) | +3.4% | 0.0% |
| 20 years (since 2006) | +4.1% | +1.3% |
Each row is compound annual growth of the median; ONS CPIH supplies the real-terms deflator. Annualising irons out the cycle, which the chart above shows in full, and past growth records what happened rather than predicting anything.
Detached, semi, terraced, flat: four markets in one
A single median hides the split beneath it. Sales of terraced homes dominate the record here, 37% of the typed total. In 2025, the last year both were recorded here, a detached home traded at £765,000 against £310,000 for a flat, 2.5 times the price.
Median by property type, SM3
One line per type, years with too few sales omitted. Hover for the year's figures; click a legend entry to isolate a type.
| Type | Median (2026) | Sales that year | All-time sales |
|---|---|---|---|
| Detached | £765,000 (2025) | – | 356 |
| Semi-detached | £570,000 | 38 | 3,622 |
| Terraced | £555,000 | 35 | 3,953 |
| Flats | £325,000 | 15 | 2,632 |
How many homes change hands in SM3
The year-by-year sales count
Recorded sales per year. The dip after 2008 is the financial crisis; the last bar is still filling in as recent sales get registered.
The monthly pulse, last five years
Registrations by month. The repeating sawtooth is seasonality, and the right-hand edge always dips because the register lags completions.
Over the last twelve months of data, 194 sales completed in SM3. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 442 sales a year before the financial crisis and 220 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 SM3
SM3 falls under Sutton, where the ONS puts the average private rent at £1,550 a month (May 2026 figures). The spread runs from £1,233 a month for a typical one-bed to £2,486 at four-plus bedrooms, which is size doing most of the pricing.
Average monthly rent by size, Sutton
ONS Price Index of Private Rents, May 2026.
Against the £550,000 median purchase price, a rent of £1,550 a month (£18,600 a year) works out at a 3.4% gross yield, a ceiling figure that ignores letting costs, voids, maintenance and tax. Because rents are local-authority statistics, districts sharing the authority share the figure.
Common questions on SM3 (The western part of Sutton Common)
Is SM3 (The western part of Sutton Common) a good place to buy a house?
How much did a house sell for in SM3 (The western part of Sutton Common)?
Are property prices falling in SM3 (The western part of Sutton Common)?
What happens to SM3 prices now?
The record answers a different question than "what happens next": the median is up 12% over five years in cash but down 11% after inflation. Put the volume chart beside the price chart before drawing conclusions, and allow for the register's lag behind actual completions.
SM3's current homes for sale
Everything above is what homes in SM3 sold for. The live side of the market holds 31 homes at the moment, listed by 5 agents publishing to HomesIndex, at a typical asking price 14% below the SM3 median sold price.
29% of what is on the market here is asking below what comparable homes actually sold for. The comparison behind each listing uses recent recorded sales of similar homes close by.
"Under comparable sales" compares each asking price with what similar homes nearby actually sold for. It is a starting point for a conversation, not a valuation. Always look at the home itself.
See every SM3 home for sale on the map →
Live asking prices from estate agents who publish a feed to HomesIndex, refreshed every Monday and Thursday: a sample of the market, not every home for sale. Asking prices are not sale prices.
The price of an extra bedroom in SM
The Land Registry record, split by size: what each kind of home actually sold for across the SM area. The jump between sizes is local: in some areas a third bedroom adds a quarter to the price, in others nearly four fifths, so a national rule of thumb will mislead you here.
| Type | 1 bed | 2 bed | 3 bed | 4 bed | 5 bed |
|---|---|---|---|---|---|
| Detached | — | £574,000 | £775,000 (+35%) | £1,030,000 (+33%) | £1,382,500 (+34%) |
| Semi-detached | £385,000 | £505,000 (+31%) | £610,000 (+21%) | £738,750 (+21%) | £884,000 (+20%) |
| Terraced | £400,000 | £460,000 (+15%) | £555,000 (+21%) | £655,000 (+18%) | — |
| Flat | £264,000 | £330,000 (+25%) | £420,000 (+27%) | — | — |
Four years of recorded sales, split by built form and bedroom count. The register does not state bedrooms, so sizes come from each home's EPC record and a few homes will land one size out. Where too few homes exist to say anything meaningful, the cell is blank.
The risers and the fallers
SM3 ranks 2 of 7 in the SM area on five-year growth. The gap between the top and bottom of this chart is the difference between buying well and buying badly in the same city.
SM area districts: five years of change
The districts that gained and lost most in cash terms, each row linking through to its own report.
Inside SM3, sector by sector
Below district level sit the sectors, street groups with reports of their own, and the gaps between neighbouring ones can be sharp.
| Sector | Median (latest) | Sales that year |
|---|---|---|
| SM3 8 | £525,000 | 37 |
| SM3 9 | £554,800 | 52 |
How SM3 compares nearby
Same city, different markets. The neighbouring districts of the SM area, dearest first:
| District | Median | 5-year |
|---|---|---|
| SM7 | £625,000 | +6% |
| SM3 (this report) | £550,000 | +12% |
| SM4 | £475,000 | +3% |
| SM5 | £450,000 | +13% |
| SM1 | £422,500 | +5% |
| SM6 | £409,500 | +1% |
| SM2 | £350,000 | -8% |
Selling in SM3? Start from the sold record
Ground the asking price in real sold prices first. The average prices map gives a rough value in a minute: start at SM3's shading and zoom to the sold homes on the street itself. Agents work from this same Land Registry record when they value; this page puts it in front of you before they arrive.
Local estate agents: one agent per district gets the featured spot on this report, free for founding agents. Claim SM3.
Dig further
The AI answers from the same Land Registry data this report is built on, already scoped to SM3. Free after a one click sign in.
See every individual SM3 sale on the live map, mapped to the exact address, or zoom the average prices map from neighbourhood shading down to single homes. 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.