Housing Market Analysis for SCHOOLGATE DRIVE, SM4 5BG

Are you looking to understand SM4 5BG house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Merton postcode.

For the location information and nearby amenities in the SM4 5BG area, explore the SM4 5BG Area information page.
For comprehensive crime statistics in the SM4 5BG area, explore the SM4 5BG Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the SM4 5BG postcode area, The average prices are as follows,

Flat
- The average price is around £266,442 median price is £290,000 Standard Deviation is £74,237 with Total Sold: 49
- The Last 5 Year average price is £345,625 with Total Sold: 12
- The most recent sale happened at this postcode is FLAT 1, ASSEMBLY HOUSE, 1 SCHOOLGATE DRIVE: £385,000 (Sold on 24 Nov 2023)
- The first recorded sale happened at this postcode is FLAT 16, ASSEMBLY HOUSE, 1 SCHOOLGATE DRIVE: £330,000 (Sold on 13 Mar 2024)

Sold Price Trend Over the Years:

Below table and chart gives the average SM4 5BG house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£360,000	£6,210	2
2022	£357,500	£6,447	2
2021	£360,000	£8,372	1
2019	£337,083	£5,499	6
2018	£355,000		1
2017	£354,667	£6,172	3
2016	£333,000	£8,628	3
2015	£311,376	£4,870	2
2014	£286,667	£6,151	6
2012	£210,000	£3,231	1
2010	£187,495	£3,270	21
2024	£330,000		1

All the Sales in the SCHOOLGATE DRIVE, SM4 5BG

See the table below for more details on the sold house prices in the SM4 5BG, Merton postcode.

Address	Sold Date	Price	% Change
FLAT 1, ASSEMBLY HOUSE, 1 SCHOOLGATE DRIVEFlat, LeaseholdArea: 62 Sq.mtrAge: 2003-2006	24 Nov 2023	£385,000	11.59%
	26 Jul 2019	£345,000	10.58%
	07 Sep 2015	£312,000	65.08%
	27 May 2010	£188,995	First Sale
FLAT 6, ASSEMBLY HOUSE, 1 SCHOOLGATE DRIVEFlat, Leasehold	23 Nov 2023	£335,000	77.72%
FLAT 6, ASSEMBLY HOUSE, 1 SCHOOLGATE DRIVEFlat, Leasehold	21 May 2010	£188,495	First Sale
FLAT 20, ASSEMBLY HOUSE, 1 SCHOOLGATE DRIVEFlat, LeaseholdArea: 61 Sq.mtrAge: 2003-2006	13 Oct 2022	£350,000	7.69%
	09 Aug 2019	£325,000	71.06%
	25 May 2010	£189,995	First Sale
FLAT 2, ASSEMBLY HOUSE, 1 SCHOOLGATE DRIVEFlat, LeaseholdArea: 51 Sq.mtrAge: 1996-2002	24 May 2022	£365,000	2.24%
	12 Oct 2017	£357,000	90.91%
	24 May 2010	£186,995	First Sale
FLAT 13, ASSEMBLY HOUSE, 1 SCHOOLGATE DRIVEFlat, LeaseholdArea: 43 Sq.mtrAge: 2012 onwards	15 Apr 2021	£360,000	-2.96%
	26 Aug 2016	£371,000	27.05%
	20 Jun 2014	£292,000	52.88%
	27 May 2010	£190,995	First Sale
FLAT 9, ASSEMBLY HOUSE, 1 SCHOOLGATE DRIVEFlat, Leasehold	19 Dec 2019	£335,000	15.52%
	22 Aug 2014	£290,000	53.04%
	28 May 2010	£189,495	First Sale
FLAT 18, ASSEMBLY HOUSE, 1 SCHOOLGATE DRIVEFlat, LeaseholdArea: 65 Sq.mtrAge: 2007 onwards	15 Nov 2019	£340,000	61.90%
	12 Dec 2012	£210,000	10.24%
	28 May 2010	£190,495	First Sale
FLAT 22, ASSEMBLY HOUSE, 1 SCHOOLGATE DRIVEFlat, LeaseholdArea: 60 Sq.mtrAge: 1996-2002	01 Nov 2019	£350,000	85.19%
	28 May 2010	£188,995	First Sale
FLAT 8, ASSEMBLY HOUSE, 1 SCHOOLGATE DRIVEFlat, LeaseholdArea: 59.14 Sq.mtrAge: 2007 onwards	12 Aug 2019	£327,500	74.21%
	21 May 2010	£187,995	First Sale
FLAT 14, ASSEMBLY HOUSE, 1 SCHOOLGATE DRIVEFlat, Leasehold	02 Jan 2018	£355,000	87.84%
FLAT 14, ASSEMBLY HOUSE, 1 SCHOOLGATE DRIVEFlat, Leasehold	25 May 2010	£188,995	First Sale
FLAT 7, ASSEMBLY HOUSE, 1 SCHOOLGATE DRIVEFlat, Leasehold	12 Jun 2017	£365,000	92.11%
FLAT 7, ASSEMBLY HOUSE, 1 SCHOOLGATE DRIVEFlat, Leasehold	21 May 2010	£189,995	First Sale
FLAT 21, ASSEMBLY HOUSE, 1 SCHOOLGATE DRIVEFlat, LeaseholdArea: 64 Sq.mtrAge: 1991-1995	17 Feb 2017	£342,000	79.06%
	28 May 2010	£190,995	First Sale
FLAT 5, ASSEMBLY HOUSE, 1 SCHOOLGATE DRIVEFlat, Leasehold	29 Jul 2016	£293,000	91.51%
FLAT 5, ASSEMBLY HOUSE, 1 SCHOOLGATE DRIVEFlat, Leasehold	25 May 2010	£152,995	First Sale
FLAT 12, ASSEMBLY HOUSE, 1 SCHOOLGATE DRIVEFlat, Leasehold	12 Jan 2016	£335,000	76.79%
FLAT 12, ASSEMBLY HOUSE, 1 SCHOOLGATE DRIVEFlat, Leasehold	28 May 2010	£189,495	First Sale
FLAT 17, ASSEMBLY HOUSE, 1 SCHOOLGATE DRIVEFlat, LeaseholdArea: 66 Sq.mtrAge: 2007-2011	28 Aug 2015	£310,751	64.86%
	21 May 2010	£188,495	First Sale
FLAT 11, ASSEMBLY HOUSE, 1 SCHOOLGATE DRIVEFlat, LeaseholdArea: 60 Sq.mtrAge: 2007-2011	16 Dec 2014	£295,000	57.34%
	28 May 2010	£187,495	First Sale
FLAT 10, ASSEMBLY HOUSE, 1 SCHOOLGATE DRIVEFlat, Leasehold	03 Sep 2014	£303,000	61.60%
FLAT 10, ASSEMBLY HOUSE, 1 SCHOOLGATE DRIVEFlat, Leasehold	21 May 2010	£187,495	First Sale
FLAT 16, ASSEMBLY HOUSE, 1 SCHOOLGATE DRIVEFlat, LeaseholdArea: 43 Sq.mtrAge: 2007-2011	29 Aug 2014	£290,000	54.26%
	21 May 2010	£187,995	-43.03%
	13 Mar 2024	£330,000	First Sale
FLAT 19, ASSEMBLY HOUSE, 1 SCHOOLGATE DRIVEFlat, Leasehold	20 Jan 2014	£250,000	30.21%
FLAT 19, ASSEMBLY HOUSE, 1 SCHOOLGATE DRIVEFlat, Leasehold	21 May 2010	£191,995	First Sale
FLAT 3, ASSEMBLY HOUSE, 1 SCHOOLGATE DRIVEFlat, LeaseholdArea: 65 Sq.mtrAge: 2007 onwards	28 May 2010	£188,495	First Sale
FLAT 15, ASSEMBLY HOUSE, 1 SCHOOLGATE DRIVEFlat, LeaseholdArea: 63 Sq.mtrAge: 1976-1982	24 May 2010	£190,495	First Sale

Check out the sold house prices near the SM4 5BG postcode. Properties currently for saleProperties currently for rent

SCHOOLGATE DRIVE, SM4 5BG Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the SM4 5BG postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the SM4 5BG postcode.

Terraced
- The average price is around £247,880 median price is £220,000 Standard Deviation is £136,151 with Total Sold: 1,725
- The Last 5 Year average price is £452,549 with Total Sold: 275
- The most recent sale happened at this postcode is , 153 CENTRAL ROAD: £467,500 (Sold on 13 Sep 2024)
- The first recorded sale happened at this postcode is , 31 MALLING GARDENS: £65,000 (Sold on 30 Jan 1995)
Flat
- The average price is around £177,191 median price is £174,000 Standard Deviation is £87,873 with Total Sold: 1,580
- The Last 5 Year average price is £290,660 with Total Sold: 212
- The most recent sale happened at this postcode is FLAT 8, ISLAND HOUSE, RAVENSBURY MILL, 200 WANDLE ROAD: £312,000 (Sold on 08 Aug 2024)
- The first recorded sale happened at this postcode is FLAT 8, PEARSON COURT CENTRAL ROAD: £59,999 (Sold on 26 Jan 1995)
Semi-Detached
- The average price is around £254,833 median price is £225,500 Standard Deviation is £162,454 with Total Sold: 384
- The Last 5 Year average price is £525,460 with Total Sold: 47
- The most recent sale happened at this postcode is , 188 ST HELIER AVENUE: £545,000 (Sold on 27 Jun 2024)
- The first recorded sale happened at this postcode is , 17 ARRAS AVENUE: £59,995 (Sold on 10 Feb 1995)
Detached
- The average price is around £316,492 median price is £275,430 Standard Deviation is £181,021 with Total Sold: 90
- The Last 5 Year average price is £544,533 with Total Sold: 15
- The most recent sale happened at this postcode is , 15 LEONARD AVENUE: £660,000 (Sold on 25 Jan 2024)
- The first recorded sale happened at this postcode is , 9 CHESTER GARDENS: £61,500 (Sold on 24 Mar 1995)
Other
- The average price is around £356,362 median price is £360,000 Standard Deviation is £256,112 with Total Sold: 24
- The Last 5 Year average price is £401,500 with Total Sold: 10
- The most recent sale happened at this postcode is , 4 MORDEN COURT: £340,000 (Sold on 03 Jan 2024)
- The first recorded sale happened at this postcode is , 18 ARRAS AVENUE: £435,000 (Sold on 22 Mar 2013)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£485,048	£6,655	21
2023	£471,750	£6,409	46
2022	£477,377	£6,337	46
2021	£449,082	£5,829	63
2020	£436,057	£5,925	48
2019	£419,261	£5,490	51
2018	£421,132	£5,376	42
2017	£414,184	£5,682	46
2016	£403,151	£5,323	43
2015	£356,242	£4,820	63
2014	£328,379	£4,337	49
2013	£274,265	£3,656	44
2012	£265,200	£3,246	50
2011	£247,456	£3,142	47
2010	£262,372	£3,149	61
2009	£211,216	£2,876	41
2008	£254,289	£3,190	36
2007	£244,430	£3,332	84
2006	£210,116	£2,701	83
2005	£201,101	£2,568	73
2004	£187,410	£2,604	83
2003	£178,266	£2,319	74
2002	£161,270	£2,067	84
2001	£138,990	£1,850	105
2000	£117,611	£1,626	79
1999	£97,392	£1,249	65
1998	£88,434	£1,167	59
1997	£67,681	£899	66
1996	£70,198	£994	42
1995	£63,252	£872	31

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£273,269	£4,435	13
2023	£309,771	£5,745	35
2022	£274,796	£5,247	49
2021	£294,856	£5,256	45
2020	£294,135	£5,472	26
2019	£291,920	£5,334	44
2018	£301,656	£5,389	32
2017	£301,323	£5,560	36
2016	£294,294	£5,423	57
2015	£247,650	£4,330	63
2014	£234,499	£4,276	87
2013	£194,232	£3,565	84
2012	£191,473	£3,629	75
2011	£183,917	£3,314	82
2010	£183,079	£3,261	86
2009	£160,115	£3,057	17
2008	£195,734	£3,392	25
2007	£184,094	£3,512	55
2006	£159,864	£3,058	55
2005	£158,192	£3,034	49
2004	£148,071	£2,874	47
2003	£133,778	£2,656	44
2002	£116,141	£2,293	61
2001	£100,791	£1,990	71
2000	£89,727	£1,703	53
1999	£69,193	£1,331	69
1998	£62,064	£1,243	56
1997	£55,493	£1,070	63
1996	£46,634	£935	43
1995	£63,503	£1,209	58

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£540,000	£5,898	6
2023	£567,875	£6,860	4
2022	£568,167	£6,054	12
2021	£514,175	£5,686	12
2020	£459,167	£5,216	6
2019	£491,714	£4,983	7
2018	£458,000	£6,239	5
2017	£466,004	£5,353	13
2016	£483,071	£5,444	7
2015	£428,917	£4,388	12
2014	£398,392	£4,044	14
2013	£347,222	£3,302	9
2012	£289,850	£3,246	7
2011	£255,000	£3,033	9
2010	£258,083	£3,223	12
2009	£272,071	£2,818	7
2008	£286,500	£3,276	16
2007	£277,024	£3,303	17
2006	£212,218	£2,487	11
2005	£244,996	£3,049	14
2004	£243,364	£2,542	11
2003	£210,397	£2,509	16
2002	£180,479	£1,997	17
2001	£166,086	£1,790	11
2000	£136,374	£1,837	16
1999	£113,992	£1,357	20
1998	£97,440	£1,061	15
1997	£89,248	£1,046	25
1996	£82,146	£985	20
1995	£74,577	£856	33

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£660,000		1
2023	£475,000	£7,661	1
2022	£532,500	£7,291	2
2021	£588,250	£5,467	4
2020	£527,000	£6,046	5
2019	£490,000	£5,111	2
2018	£585,000	£4,795	1
2017	£582,545	£4,308	3
2016	£540,275	£5,410	4
2015	£448,333	£4,854	3
2014	£442,500	£4,694	4
2013	£348,125	£3,940	4
2012	£283,750	£2,797	2
2011	£278,620	£2,878	3
2009	£295,000	£2,979	3
2008	£287,000	£4,753	3
2007	£289,390	£3,697	5
2005	£279,333	£3,020	3
2004	£325,833	£3,607	3
2002	£187,000	£2,315	4
2001	£179,738	£2,174	4
2000	£169,075	£1,886	6
1999	£156,190	£1,565	5
1998	£127,486	£1,215	7
1997	£107,750		2
1996	£94,295	£852	5
1995	£61,500	£1,008	1

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£340,000	£5,094	1
2023	£462,500	£5,808	2
2022	£360,000	£8,372	2
2021	£313,333	£5,060	3
2020	£500,000	£11,442	1
2019	£590,000		1
2018	£302,000	£5,030	4
2017	£104,740	£1,578	5
2016	£650,000		1
2015	£573,667		3
2013	£435,000		1

House Type in SM4 5BG area

The most common house types in the SM4 5BG postcode area are Terraced (84), Flat (83), and Semi-detached (24).

Total	198
Terraced	84
Flat	83
Semi-detached	24
Detached	4
Shared house	3
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (78), and Private rented: Private landlord or letting agency (50).

Owned: Owns with a mortgage or loan	78
Private rented: Private landlord or letting agency	50
Social rented: Other social rented	28
Owned: Owns outright	26
Social rented: Rents from council or Local Authority	9
Private rented: Other private rented	5
Shared ownership: Shared ownership	3
Does not apply	0
Lives rent free	0

Number of People in a Household

The most houses in the SM4 5BG have 2 people in household (67), and 1 person in household (58).

2 people in household	67
1 person in household	58
4 people in household	28
3 people in household	26
5 people in household	12
6 people in household	5
8 or more people in household	2
0 people in household	0
7 people in household	0