UK Property Check · Printed on 8 November 2026ukpropertycheck.co.uk/postcode/sm
House prices in the SM postcode area, Sutton
Homes in the SM postcode area sold for a median of £466,000 between September 2024 and August 2026, from 4,663 standard sales.
That is 11% below the £525,000 median for London, where most of the area lies.
Districts ranked by median price
The dearest district was SM7 (Banstead), at £630,000, and the cheapest was SM2 (Cheam), at £370,000.
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Post towns in the SM area, by number of sales: Sutton (SM1, SM2, SM3), Wallington (SM6), Carshalton (SM5), Morden (SM4), Banstead (SM7).
- SM7Banstead, 439 salesMedian price £630,000Price per square metre £5,763Change in the median from 2024 to 2025 +2%
- SM3Sutton, 464 salesMedian price £550,000Price per square metre Too fewChange in the median from 2024 to 2025 +2%
- SM4Morden, 584 salesMedian price £500,000Price per square metre Too fewChange in the median from 2024 to 2025 +2%
- SM5Carshalton, 756 salesMedian price £450,500Price per square metre £5,658Change in the median from 2024 to 2025 −2%
- SM1Sutton, 915 salesMedian price £442,000Price per square metre £5,452Change in the median from 2024 to 2025 +2%
- SM6Wallington, 796 salesMedian price £400,000Price per square metre £5,195Change in the median from 2024 to 2025 −1%
- SM2Sutton, 709 salesMedian price £370,000Price per square metre £5,738Change in the median from 2024 to 2025 −4%
1-year change: 2025 against 2024, where both years had 100 or more standard sales. It moves with which homes sold, so treat it as a guide, not a price index.
Streets with the most standard sales, September 2024 to August 2026:
- Albion Road, Sutton (SM2)33 sales
- London Road, Cheam (SM3)31 sales
- Woodcote Road, Wallington (SM6)30 sales
- Worcester Road, Sutton (SM2)29 sales
- London Road, Wallington (SM6)28 sales
- Grange Road, Sutton (SM2)25 sales
- Stafford Road, Wallington (SM6)25 sales
- St James Road, Sutton (SM1)24 sales
- Schoolgate Drive, Morden (SM4)24 sales
- Green Wrythe Lane, Carshalton (SM5)24 sales
Of the streets with at least 10 sales, the dearest by median price were Northey Avenue, Cheam (SM2, detached houses, £962,500), Upland Road, Sutton (SM2, £955,000) and Wickham Avenue, Cheam (SM3, £795,000).
The cheapest were Cranley Gardens, Wallington (SM6, flats, £167,500), Manor Road, Wallington (SM6, flats, £191,000) and Rossignol Gardens, Carshalton (SM5, flats, £202,000).
Neighbouring postcode areas include KT (Kingston upon Thames), CR (Croydon) and SW (South West London).
Prices by property type
| Type | Sales | Median price | Middle half | Per m² |
|---|---|---|---|---|
| Detached | 465 | £890,000 | £717,000 to £1,155,000 | £6,180/m²from 25 sales |
| Semi-detached | 1,106 | £620,000 | £538,000 to £720,000 | £5,571/m²from 52 sales |
| Terraced | 1,417 | £486,000 | £430,000 to £570,000 | £5,882/m²from 59 sales |
| Flats and maisonettes | 1,675 | £297,000 | £250,000 to £341,000 | £5,040/m²from 60 sales |
Flats and maisonettes were the most common type sold in the SM area, at 36% of sales, ahead of terraced houses at 30%.
Measured by floor area, homes in the SM area sold for a median of £5,557 per m², 13% below the £6,381 across London as a whole.
Leasehold is common here: 37% of sales were leasehold, against 21% across England and Wales, so check the years left on the lease and the charges early.
Prices over time
The median rose 31%, from £360,000 in 2016 to £470,000 in 2025, less than the 35% rise across England and Wales.
Council areas in the SM postcode area
Most sales in the SM area, 78%, were in Sutton, where homes in the area sold for a median of £447,000. The rest were mostly in Merton (12%), Reigate and Banstead (9%) and Epsom and Ewell (1%).
| Council area | Sales in SM | Median in SM | Whole council area |
|---|---|---|---|
| Sutton | 3,654 | £447,000 | £455,000 |
| Merton | 547 | £505,000 | £542,500 |
| Reigate and Banstead | 427 | £625,000 | £480,000 |
| Epsom and Ewell | 35 | £951,000 | £545,000 |
About these figures
The SM figures come from 4,663 standard sales in 7 postcode districts across 4 council areas (how sales are placed). The busiest district was SM1 (Sutton), with 915 sales.
Updated 15 October 2026 with sales recorded to August 2026. Next update due in late November 2026.
Contains HM Land Registry data © Crown copyright and database right 2026. Energy certificate data from the Ministry of Housing, Communities and Local Government. Both are licensed under the Open Government Licence v3.0.