Housing Market Analysis for HOME CLOSE, SM5 2LT

Are you looking to understand SM5 2LT 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 Sutton postcode.

For the location information and nearby amenities in the SM5 2LT area, explore the SM5 2LT Area information page.
For comprehensive crime statistics in the SM5 2LT area, explore the SM5 2LT Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the SM5 2LT postcode area, The average prices are as follows,

Semi-Detached
- The average price is around £278,830 median price is £230,000 Standard Deviation is £157,834 with Total Sold: 15
- The Last 5 Year average price is £461,000 with Total Sold: 4
- The most recent sale happened at this postcode is 12 HOME CLOSE: £500,000 (Sold on 31 Mar 2023)
- The first recorded sale happened at this postcode is 17 HOME CLOSE: £80,000 (Sold on 26 Jun 1996)
Terraced
- The average price is around £272,000 median price is £272,000 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is 4 HOME CLOSE: £272,000 (Sold on 07 Oct 2013)
- The first recorded sale happened at this postcode is 4 HOME CLOSE: £272,000 (Sold on 07 Oct 2013)
Flat
- The average price is around £66,000 median price is £66,000 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is 16 HOME CLOSE: £66,000 (Sold on 11 Oct 2002)
- The first recorded sale happened at this postcode is 16 HOME CLOSE: £66,000 (Sold on 11 Oct 2002)

Sold Price Trend Over the Years:

Below table and chart gives the average SM5 2LT 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£500,000	£5,102	1
2021	£450,000	£5,000	1
2019	£447,000	£4,411	2
2018	£450,000	£5,014	1
2017	£409,000	£4,173	1
2015	£360,000	£3,243	1
2011	£230,000	£2,563	1
2004	£218,500		1
2003	£208,000		1
1998	£113,500		2
1997	£77,975	£854	2
1996	£80,000		1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2013	£272,000	£2,894	1

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2002	£66,000		1

All the Sales in the HOME CLOSE, SM5 2LT

See the table below for more details on the sold house prices in the SM5 2LT, Sutton postcode.

Address	Sold Date	Price	% Change
12 HOME CLOSESemi-Detached, FreeholdArea: 98 Sq.mtrAge: 1930-1949	31 Mar 2023	£500,000	22.25%
	20 Oct 2017	£409,000	First Sale
8 HOME CLOSESemi-Detached, FreeholdArea: 90 Sq.mtrAge: 1930-1949	26 Mar 2021	£450,000	First Sale
13 HOME CLOSESemi-Detached, FreeholdArea: 117 Sq.mtrAge: 1950-1966	12 Nov 2019	£455,000	First Sale
1 HOME CLOSESemi-Detached, FreeholdArea: 89 Sq.mtrAge: 1930-1949	30 Aug 2019	£439,000	477.63%
	30 Jan 1997	£76,000	First Sale
7 HOME CLOSESemi-Detached, FreeholdArea: 89.75 Sq.mtrAge: 1930-1949	16 Nov 2018	£450,000	95.65%
	25 Mar 2011	£230,000	First Sale
14 HOME CLOSESemi-Detached, FreeholdArea: 111 Sq.mtrAge: 1950-1966	13 May 2015	£360,000	First Sale
4 HOME CLOSETerraced, FreeholdArea: 94 Sq.mtrAge: 1930-1949	07 Oct 2013	£272,000	First Sale
17 HOME CLOSESemi-Detached, Freehold	30 Nov 2004	£218,500	173.12%
17 HOME CLOSESemi-Detached, Freehold	26 Jun 1996	£80,000	First Sale
3 HOME CLOSESemi-Detached, Freehold	29 Aug 2003	£208,000	82.46%
3 HOME CLOSESemi-Detached, Freehold	18 Sep 1998	£114,000	First Sale
16 HOME CLOSEFlat, Freehold	11 Oct 2002	£66,000	First Sale
19 HOME CLOSESemi-Detached, Freehold	11 Nov 1998	£113,000	First Sale
18 HOME CLOSESemi-Detached, Freehold	23 May 1997	£79,950	First Sale

Check out the sold house prices near the SM5 2LT postcode. Properties currently for saleProperties currently for rent

HOME CLOSE, SM5 2LT Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the SM5 2LT 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 SM5 2LT postcode.

Semi-Detached
- The average price is around £252,008 median price is £229,000 Standard Deviation is £143,897 with Total Sold: 1,077
- The Last 5 Year average price is £490,045 with Total Sold: 143
- The most recent sale happened at this postcode is , 43 GREEN WRYTHE LANE: £425,000 (Sold on 30 Aug 2024)
- The first recorded sale happened at this postcode is , 34 NUTFIELD CLOSE: £72,500 (Sold on 27 Jan 1995)
Terraced
- The average price is around £239,571 median price is £210,000 Standard Deviation is £141,767 with Total Sold: 1,765
- The Last 5 Year average price is £450,559 with Total Sold: 301
- The most recent sale happened at this postcode is , 13 ARLINGTON DRIVE: £422,000 (Sold on 15 Aug 2024)
- The first recorded sale happened at this postcode is , 29 STRAWBERRY LANE: £84,000 (Sold on 06 Jan 1995)
Flat
- The average price is around £167,332 median price is £155,000 Standard Deviation is £90,208 with Total Sold: 1,979
- The Last 5 Year average price is £275,427 with Total Sold: 361
- The most recent sale happened at this postcode is , 2 FERNDALE CRESCENT: £136,000 (Sold on 26 Jul 2024)
- The first recorded sale happened at this postcode is , 5B NIGHTINGALE ROAD: £32,000 (Sold on 06 Jan 1995)
Detached
- The average price is around £290,998 median price is £273,750 Standard Deviation is £148,871 with Total Sold: 66
- The Last 5 Year average price is £505,091 with Total Sold: 11
- The most recent sale happened at this postcode is , 7 JOHNSONS CLOSE: £550,000 (Sold on 09 Feb 2024)
- The first recorded sale happened at this postcode is , 108 GREEN WRYTHE LANE: £65,000 (Sold on 28 Apr 1995)
Other
- The average price is around £724,755 median price is £265,000 Standard Deviation is £1,183,326 with Total Sold: 31
- The Last 5 Year average price is £503,844 with Total Sold: 16
- The most recent sale happened at this postcode is , 56A DALE PARK AVENUE: £730,000 (Sold on 22 Sep 2023)
- The first recorded sale happened at this postcode is , 15 KINGSWOOD DRIVE: £3,879,794 (Sold on 30 Apr 2014)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£505,705	£6,034	11
2023	£539,840	£6,263	20
2022	£554,078	£6,029	24
2021	£479,521	£5,627	31
2020	£468,001	£5,289	30
2019	£426,438	£5,109	27
2018	£467,410	£5,142	29
2017	£430,793	£5,074	34
2016	£412,740	£4,916	39
2015	£348,131	£4,005	26
2014	£319,571	£3,703	33
2013	£291,978	£3,301	23
2012	£252,624	£2,945	31
2011	£262,516	£2,937	25
2010	£264,662	£2,846	24
2009	£225,792	£2,746	24
2008	£240,748	£2,806	25
2007	£258,250	£3,177	35
2006	£236,323	£2,896	60
2005	£221,873	£2,779	39
2004	£211,546	£2,563	46
2003	£205,736	£2,399	41
2002	£181,004	£2,075	51
2001	£165,265	£1,797	57
2000	£149,055	£1,698	38
1999	£117,410	£1,303	51
1998	£108,967	£1,233	53
1997	£90,979	£1,064	57
1996	£77,126	£872	60
1995	£79,121	£953	33

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£470,900	£6,339	25
2023	£480,694	£5,718	39
2022	£485,346	£6,168	47
2021	£442,639	£5,625	85
2020	£422,723	£5,260	39
2019	£426,923	£5,125	66
2018	£435,212	£5,188	68
2017	£392,799	£4,934	59
2016	£374,870	£4,866	42
2015	£328,617	£4,542	43
2014	£310,863	£3,863	51
2013	£243,077	£3,179	54
2012	£237,660	£2,992	42
2011	£225,503	£3,002	36
2010	£231,081	£3,092	36
2009	£212,464	£2,695	37
2008	£241,588	£3,185	38
2007	£228,523	£3,222	68
2006	£207,693	£2,959	75
2005	£199,668	£2,764	57
2004	£194,644	£2,675	54
2003	£186,516	£2,343	68
2002	£159,352	£2,161	89
2001	£128,826	£1,845	90
2000	£121,494	£1,666	68
1999	£99,886	£1,423	85
1998	£90,031	£1,229	70
1997	£83,268	£1,256	102
1996	£69,015	£909	76
1995	£69,250	£983	56

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£252,625	£4,852	16
2023	£263,730	£4,821	65
2022	£287,811	£5,474	91
2021	£267,944	£4,707	81
2020	£281,220	£4,945	47
2019	£280,870	£4,948	61
2018	£265,694	£4,795	62
2017	£273,694	£4,682	87
2016	£256,279	£4,581	78
2015	£217,174	£4,166	65
2014	£189,077	£3,675	72
2013	£169,007	£3,249	50
2012	£161,237	£2,985	45
2011	£154,195	£2,908	28
2010	£161,475	£3,091	32
2009	£150,912	£2,750	33
2008	£169,900	£3,203	44
2007	£163,297	£3,255	89
2006	£149,085	£2,817	93
2005	£142,863	£2,870	73
2004	£140,940	£2,849	75
2003	£131,316	£2,579	73
2002	£117,870	£2,261	77
2001	£107,179	£1,999	111
2000	£83,295	£1,740	80
1999	£66,436	£1,339	88
1998	£57,878	£1,146	77
1997	£51,800	£1,013	82
1996	£45,182	£863	46
1995	£48,636	£982	58

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£550,000		1
2023	£492,500	£5,178	2
2022	£625,000	£4,526	2
2021	£577,500	£5,943	2
2019	£404,000	£5,274	4
2018	£370,000		1
2017	£376,667	£4,612	3
2016	£461,667	£5,146	3
2015	£373,500	£3,896	2
2014	£272,500	£3,449	1
2013	£326,167	£3,592	3
2012	£334,250	£2,917	4
2010	£278,500	£3,473	7
2009	£300,000	£2,965	1
2006	£265,667	£3,644	3
2005	£231,500	£3,564	2
2004	£272,333	£2,949	3
2002	£190,817	£2,375	6
2001	£202,238	£1,930	4
2000	£120,000		1
1999	£95,500	£1,362	3
1998	£84,333		3
1997	£117,000	£1,305	1
1996	£101,500	£1,290	2
1995	£85,000	£823	2

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£730,000		1
2022	£199,625	£2,573	4
2021	£1,383,333	£4,673	3
2020	£122,200	£1,918	5
2019	£590,667	£6,300	3
2018	£627,028	£4,281	4
2017	£192,800	£2,831	5
2016	£1,744,750	£46,150	4
2014	£1,977,397	£59,689	2

House Type in SM5 2LT area

The most common house types in the SM5 2LT postcode area are Terraced (72), Semi-detached (45), and Flat (2).

Total	122
Terraced	72
Semi-detached	45
Flat	2
Shared house	2
Detached	1
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 (55), and Owned: Owns outright (50).

Owned: Owns with a mortgage or loan	55
Owned: Owns outright	50
Social rented: Rents from council or Local Authority	7
Private rented: Private landlord or letting agency	6
Social rented: Other social rented	3
Shared ownership: Shared ownership	1
Private rented: Other private rented	1
Does not apply	0
Lives rent free	0

Number of People in a Household

The most houses in the SM5 2LT have 3 people in household (35), and 4 people in household (31).

3 people in household	35
4 people in household	31
2 people in household	27
1 person in household	20
5 people in household	6
6 people in household	2
7 people in household	1
8 or more people in household	1
0 people in household	0