Key indicators for buyers
The SM1 market is moderately favourable for buyers. Prices have softened (-42.0%), which could present a buying opportunity. Affordability has improved from a peak of 13.8x in 2021 to 11.4x today. Rising rents (£1,544/mo, +2.7%) mean the cost of waiting is real.
Yearly averages · HM Land Registry Price Paid Data
2026averages · HM Land Registry Price Paid Data
House price ÷ median earnings · ONS data
Affordability data shown for wider Sutton area
A home in Sutton costs 11.4x the local median salary — very stretched, improving from a peak of 13.8x in 2021.
Average monthly rent · ONS Private Rental Index
Rental data shown for wider Sutton area
Average monthly rent in Sutton is £1,544, up 2.7% year-on-year. Rents have risen consistently over the past five years.
2yr fixed · 75% LTV · 25yr term · BoE avg. rate
Based on the average Sutton price of £262,000 with a 25% deposit (£66k), a 2-year fixed mortgage at 3.97% costs around £1,034 per month.
Monthly cost comparison based on current data
Uses SM1 avg. price with Sutton rental data
Monthly mortgage payments (£1,034) are £510 less than renting (£1,544). However, buying requires an upfront deposit of £66k — it would take around 5 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
FLAT 103, ASPECTS, 1, THROWLEY WAY SM1 4FE | Flat/Maisonette | £270,000 | 21 Jan 2026 |
8, OSBORNE PLACE SM1 4RJ | Flat/Maisonette | £108,000 | 9 Jan 2026 |
35, TURNPIKE LANE SM1 4HB | Flat/Maisonette | £175,000 | 7 Jan 2026 |
84, CONNAUGHT ROAD SM1 3PQ | Semi-detached | £495,000 | 6 Jan 2026 |
81, BENHILL ROAD SM1 3RR | Terraced | £500,000 | 19 Dec 2025 |
133, BENHILL ROAD SM1 3SB | Terraced | £550,000 | 19 Dec 2025 |
58, FREDERICK ROAD, CHEAM SM1 2HU | Terraced |
Data sources (all free & public): HM Land Registry Price Paid Data & UK House Price Index · ONS Housing Affordability Ratios · ONS Private Rental Index · Bank of England Quoted Household Interest Rates · HMRC Monthly Property Transactions
Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.
The average property in SM1 sold for £262,000 in 2026, with a median of £222,500 across 4 transactions. Prices fell 42.0% compared to the previous year.
| £413,800 |
| 18 Dec 2025 |
31, CONSTANCE ROAD SM1 4QG | Terraced | £465,000 | 18 Dec 2025 |
1C, BROOMLOAN LANE SM1 2PL | Terraced | £418,000 | 16 Dec 2025 |
21, RELKO GARDENS SM1 4TJ | Flat/Maisonette | £245,000 | 15 Dec 2025 |
32, BEULAH ROAD SM1 2QQ | Terraced | £395,000 | 12 Dec 2025 |
9, GLENA MOUNT SM1 4HW | Flat/Maisonette | £350,000 | 12 Dec 2025 |
42, BROWNING AVENUE SM1 3QU | Semi-detached | £676,000 | 12 Dec 2025 |
11, MILTON AVENUE SM1 3QB | Detached | £730,000 | 12 Dec 2025 |
FLAT 5, OAKVIEW APARTMENTS, 12, BENHILL ROAD SM1 3RL | Flat/Maisonette | £245,000 | 11 Dec 2025 |
14, GLENA MOUNT SM1 4HW | Flat/Maisonette | £292,000 | 11 Dec 2025 |
29A, SORRENTO ROAD SM1 1QU | Terraced | £507,000 | 11 Dec 2025 |
120, GANDER GREEN LANE SM1 2HH | Terraced | £426,000 | 11 Dec 2025 |
27, BEAUCHAMP ROAD SM1 2PY | Terraced | £495,000 | 10 Dec 2025 |
58, TURNPIKE LANE SM1 4JA | Flat/Maisonette | £220,000 | 10 Dec 2025 |
The most recent recorded sale in SM1 was a flat/maisonette property on Throwley Way for £270,000 in January 2026. Across the last 20 sales, the median price was £418,000.