Housing Market Analysis for REDCLOSE AVENUE, SM4 5RD

Are you looking to understand SM4 5RD 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 5RD area, explore the SM4 5RD Area information page.
For comprehensive crime statistics in the SM4 5RD area, explore the SM4 5RD Crime Rates page.

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £425,583 median price is £395,000 Standard Deviation is £187,103 with Total Sold: 6
    • The Last 5 Year average price is £745,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 4 REDCLOSE AVENUE: £745,000 (Sold on 15 Feb 2019)
    • The first recorded sale happened at this postcode is 3 REDCLOSE AVENUE: £133,500 (Sold on 12 May 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average SM4 5RD 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: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£745,000 £5,034 1
2013£370,000 £3,627 1
2007£480,000 £3,195 2
2006£345,000 £2,920 1
1998£133,500 £1,130 1

All the Sales in the REDCLOSE AVENUE, SM4 5RD

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

AddressSold DatePrice% Change
4 REDCLOSE AVENUESemi-Detached, FreeholdArea: 148 Sq.mtrAge: 1900-192915 Feb 2019£745,00077.38%
14 Dec 2007£420,000First Sale
2 REDCLOSE AVENUESemi-Detached, FreeholdArea: 102 Sq.mtrAge: 1900-192928 Jun 2013£370,000First Sale
1 REDCLOSE AVENUESemi-Detached, FreeholdArea: 152 Sq.mtrAge: 1930-194914 Dec 2007£540,000First Sale
3 REDCLOSE AVENUESemi-Detached, FreeholdArea: 118.165 Sq.mtrAge: 1900-192904 Dec 2006£345,000158.43%
12 May 1998£133,500First Sale

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

REDCLOSE AVENUE, SM4 5RD Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the SM4 5RD 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 5RD postcode.

  • Terraced
    • The average price is around £275,304 median price is £249,000 Standard Deviation is £152,474 with Total Sold: 479
    • The Last 5 Year average price is £496,964 with Total Sold: 70
    • 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 , 19 ROUGEMONT AVENUE: £80,000 (Sold on 23 Jan 1995)
  • Flat
    • The average price is around £168,562 median price is £160,000 Standard Deviation is £87,236 with Total Sold: 862
    • The Last 5 Year average price is £282,690 with Total Sold: 108
    • The most recent sale happened at this postcode is , 20 QUEEN ELIZABETH GARDENS: £305,000 (Sold on 10 Jul 2024)
    • The first recorded sale happened at this postcode is , 204 LONDON ROAD: £59,950 (Sold on 23 Jan 1995)
  • Detached
    • The average price is around £372,056 median price is £350,000 Standard Deviation is £213,531 with Total Sold: 9
    • The Last 5 Year average price is £700,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , 35 HATHERLEIGH CLOSE: £700,000 (Sold on 12 Jan 2024)
    • The first recorded sale happened at this postcode is , 1 HILLCROSS AVENUE: £128,000 (Sold on 21 Aug 1996)
  • Other
    • The average price is around £469,123 median price is £268,000 Standard Deviation is £492,121 with Total Sold: 13
    • The Last 5 Year average price is £269,638 with Total Sold: 4
    • The most recent sale happened at this postcode is , 133 HATFEILD MEAD: £13,550 (Sold on 24 Aug 2023)
    • The first recorded sale happened at this postcode is UNIT 1, 144 CENTRAL ROAD: £1,235,000 (Sold on 05 Jan 2015)
  • Semi-Detached
    • The average price is around £306,038 median price is £275,000 Standard Deviation is £164,181 with Total Sold: 159
    • The Last 5 Year average price is £569,605 with Total Sold: 19
    • The most recent sale happened at this postcode is , 107 HILLCROSS AVENUE: £612,000 (Sold on 31 May 2023)
    • The first recorded sale happened at this postcode is , 30 HILLCROSS AVENUE: £91,000 (Sold on 06 Jan 1995)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£532,444 £7,866 9
2023£547,318 £6,315 11
2022£517,309 £5,806 14
2021£499,803 £6,156 17
2020£446,571 £5,677 7
2019£425,833 £5,091 12
2018£446,154 £5,066 13
2017£448,000 £5,364 18
2016£445,974 £5,194 19
2015£401,632 £4,865 19
2014£372,086 £4,099 10
2013£323,073 £3,649 13
2012£290,000 £3,037 14
2011£276,630 £3,276 15
2010£305,273 £3,081 11
2009£216,400 £3,007 8
2008£274,996 £2,852 9
2007£278,892 £2,824 19
2006£242,622 £2,903 25
2005£222,260 £2,674 15
2004£219,764 £2,272 22
2003£223,522 £2,465 16
2002£198,203 £2,007 18
2001£169,995 £2,006 30
2000£136,923 £1,756 31
1999£111,130 £1,377 15
1998£98,413 £1,249 15
1997£86,918 £1,050 19
1996£78,800 £895 22
1995£66,952 £839 13
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£236,917 £3,094 6
2023£300,706 £5,140 17
2022£268,093 £4,926 27
2021£266,263 £4,808 19
2020£326,889 £5,187 18
2019£276,929 £4,835 21
2018£269,297 £5,168 19
2017£308,000 £5,135 16
2016£281,430 £4,714 23
2015£241,943 £4,124 59
2014£227,546 £4,060 41
2013£184,918 £3,498 19
2012£181,400 £3,334 16
2011£172,429 £3,652 21
2010£171,154 £3,021 13
2009£158,500 £3,095 16
2008£192,679 £3,267 14
2007£196,799 £3,530 84
2006£157,638 £3,004 32
2005£155,467 £2,881 32
2004£143,408 £2,909 33
2003£130,080 £2,667 32
2002£112,609 £2,148 49
2001£98,648 £1,782 49
2000£85,673 £1,507 33
1999£68,487 £1,312 45
1998£60,281 £1,192 29
1997£47,851 £900 35
1996£45,422 £890 29
1995£47,093 £904 15
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£700,0001
2015£750,0001
2014£350,000 £4,894 1
2013£281,0001
2012£377,500 £3,932 1
2009£435,0001
2001£181,500 £1,592 1
2000£145,500 £1,276 1
1996£128,0001
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£13,5501
2021£510,000 £11,596 1
2020£277,500 £11,442 2
2018£229,000 £5,295 2
2017£796,1502
2015£593,9505
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£612,000 £6,000 1
2022£616,500 £5,456 2
2021£564,250 £5,672 6
2020£531,500 £5,611 8
2019£670,000 £4,612 2
2018£512,800 £5,340 5
2017£517,000 £4,931 6
2016£475,000 £4,897 1
2015£473,333 £7,388 3
2014£466,166 £4,628 6
2013£396,250 £3,653 4
2012£369,600 £3,177 5
2011£306,667 £3,657 3
2010£296,500 £3,459 4
2009£283,749 £3,101 4
2008£389,375 £5,844 4
2007£319,300 £3,345 10
2006£284,136 £2,781 7
2005£279,375 £2,635 4
2004£290,286 £2,655 7
2003£244,577 £2,513 11
2002£193,850 £1,943 7
2001£198,290 £1,991 5
2000£185,359 £877 11
1999£154,722 £832 9
1998£125,000 £1,210 6
1997£98,500 £895 5
1996£87,025 £949 6
1995£97,393 £783 7

House Type in SM4 5RD area

The most common house types in the SM4 5RD postcode area are Flat (57), Semi-detached (52), and Terraced (16).

Total132
Flat57
Semi-detached52
Terraced16
Detached5
converted building2
Shared house0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (41), and Owned: Owns outright (34).

Owned: Owns with a mortgage or loan41
Owned: Owns outright34
Private rented: Private landlord or letting agency28
Social rented: Other social rented14
Social rented: Rents from council or Local Authority7
Private rented: Other private rented4
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the SM4 5RD have 2 people in household (37), and 1 person in household (29).

2 people in household37
1 person in household29
4 people in household19
3 people in household18
5 people in household11
6 people in household7
7 people in household5
8 or more people in household4
0 people in household0