Housing Market Analysis for VELLUM DRIVE, SM5 2TN

Are you looking to understand SM5 2TN 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 2TN area, explore the SM5 2TN Area information page.
For comprehensive crime statistics in the SM5 2TN area, explore the SM5 2TN Crime Rates page.

Overview of Sold House prices

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

Flat
- The average price is around £127,633 median price is £104,750 Standard Deviation is £77,339 with Total Sold: 30
- The Last 5 Year average price is £268,333 with Total Sold: 3
- The most recent sale happened at this postcode is 48 VELLUM DRIVE: £300,000 (Sold on 29 Jan 2024)
- The first recorded sale happened at this postcode is 31 VELLUM DRIVE: £53,250 (Sold on 24 May 1996)
Terraced
- The average price is around £170,858 median price is £147,500 Standard Deviation is £96,071 with Total Sold: 18
- The Last 5 Year average price is £435,000 with Total Sold: 1
- The most recent sale happened at this postcode is 36 VELLUM DRIVE: £435,000 (Sold on 21 Nov 2022)
- The first recorded sale happened at this postcode is 36 VELLUM DRIVE: £62,000 (Sold on 18 Sep 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average SM5 2TN 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
2024	£300,000		1
2020	£252,500	£6,967	2
2016	£275,000	£4,277	1
2015	£252,225	£3,704	2
2010	£170,000	£4,548	1
2009	£132,500	£3,672	2
2005	£134,974	£2,855	2
2004	£120,500	£3,506	2
2003	£128,475	£2,746	2
2002	£91,748	£2,632	2
2001	£86,500	£2,403	1
2000	£88,612	£1,842	4
1999	£47,500	£1,361	1
1998	£53,112	£1,070	4
1997	£52,000	£1,078	2
1996	£53,250	£828	1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£435,000	£7,131	1
2016	£384,000	£5,486	1
2012	£203,000	£3,328	1
2010	£212,500	£2,927	1
2008	£185,500	£2,871	2
2006	£207,500	£2,964	1
2003	£167,500	£2,565	2
2000	£125,000	£1,823	4
1999	£98,000	£1,607	1
1998	£90,250	£1,161	2
1997	£86,950		1
1995	£62,000	£1,016	1

All the Sales in the VELLUM DRIVE, SM5 2TN

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

Address	Sold Date	Price	% Change
48 VELLUM DRIVEFlat, Leasehold	29 Jan 2024	£300,000	10.29%
	04 Dec 2015	£272,000	181.87%
	23 Nov 2000	£96,500	37.96%
	22 Oct 1998	£69,950	First Sale
36 VELLUM DRIVETerraced, FreeholdArea: 61 Sq.mtrAge: 1991-1995	21 Nov 2022	£435,000	114.29%
	27 Jul 2012	£203,000	24.54%
	11 Nov 2003	£163,000	66.33%
	24 Sep 1999	£98,000	58.06%
	18 Sep 1995	£62,000	First Sale
33 VELLUM DRIVEFlat, LeaseholdArea: 34.7 Sq.mtrAge: 1983-1990	11 Dec 2020	£205,000	57.69%
	28 Jun 2004	£130,000	49.43%
	07 Jun 2002	£86,995	107.13%
	26 Jun 1997	£42,000	First Sale
43 VELLUM DRIVEFlat, LeaseholdArea: 37.38 Sq.mtrAge: 1983-1990	05 Oct 2020	£300,000	76.47%
	22 Mar 2010	£170,000	30.77%
	30 Jun 2009	£130,000	31.98%
	18 Dec 2000	£98,500	58.87%
	19 Nov 1997	£62,000	First Sale
46 VELLUM DRIVETerraced, FreeholdArea: 70 Sq.mtrAge: 1991-1995	05 Aug 2016	£384,000	85.06%
	04 Aug 2006	£207,500	20.64%
	12 Aug 2003	£172,000	45.76%
	20 Mar 2000	£118,000	33.33%
	09 Oct 1998	£88,500	First Sale
31 VELLUM DRIVEFlat, LeaseholdArea: 64.3 Sq.mtrAge: 1983-1990	17 Jun 2016	£275,000	93.66%
	02 Dec 2003	£142,000	136.67%
	27 Apr 1998	£60,000	12.68%
	24 May 1996	£53,250	First Sale
30 VELLUM DRIVEFlat, LeaseholdArea: 66 Sq.mtrAge: 1983-1990	19 Jun 2015	£232,450	55.02%
	18 Mar 2005	£149,950	66.70%
	31 Jan 2000	£89,950	First Sale
37 VELLUM DRIVETerraced, FreeholdArea: 72.6 Sq.mtrAge: 1976-1982	15 Jan 2010	£212,500	130.98%
	13 Aug 1998	£92,000	First Sale
32 VELLUM DRIVEFlat, LeaseholdArea: 34.91 Sq.mtrAge: 1983-1990	02 Nov 2009	£135,000	12.50%
	30 Sep 2005	£119,999	4.39%
	19 Nov 2003	£114,950	19.12%
	22 Mar 2002	£96,500	38.85%
	18 Aug 2000	£69,500	46.32%
	04 Jan 1999	£47,500	First Sale
41 VELLUM DRIVETerraced, LeaseholdArea: 63 Sq.mtrAge: 1991-1995	09 Dec 2008	£168,000	First Sale
34 VELLUM DRIVETerraced, FreeholdArea: 66 Sq.mtrAge: 1983-1990	21 Nov 2008	£203,000	59.84%
	14 Dec 2000	£127,000	First Sale
47 VELLUM DRIVEFlat, LeaseholdArea: 34 Sq.mtrAge: 1983-1990	23 Feb 2004	£111,000	217.14%
47 VELLUM DRIVEFlat, LeaseholdArea: 34 Sq.mtrAge: 1983-1990	19 Aug 1998	£35,000	First Sale
40 VELLUM DRIVEFlat, LeaseholdArea: 36 Sq.mtrAge: 1991-1995	07 Dec 2001	£86,500	82.11%
40 VELLUM DRIVEFlat, LeaseholdArea: 36 Sq.mtrAge: 1991-1995	19 Jun 1998	£47,500	First Sale
45 VELLUM DRIVETerraced, Freehold	10 Nov 2000	£123,000	41.46%
45 VELLUM DRIVETerraced, Freehold	21 Nov 1997	£86,950	First Sale
39 VELLUM DRIVETerraced, FreeholdArea: 71 Sq.mtrAge: 1983-1990	28 Apr 2000	£132,000	First Sale

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

VELLUM DRIVE, SM5 2TN Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £274,584 median price is £249,950 Standard Deviation is £149,069 with Total Sold: 1,250
- The Last 5 Year average price is £509,984 with Total Sold: 181
- The most recent sale happened at this postcode is , 35 DEREK AVENUE: £585,000 (Sold on 11 Jul 2024)
- The first recorded sale happened at this postcode is , 4 PALMERSTON ROAD: £72,000 (Sold on 06 Jan 1995)
Flat
- The average price is around £171,731 median price is £160,000 Standard Deviation is £94,220 with Total Sold: 1,952
- The Last 5 Year average price is £302,299 with Total Sold: 286
- The most recent sale happened at this postcode is , 10 HIGH STREET: £287,000 (Sold on 24 Jun 2024)
- The first recorded sale happened at this postcode is FLAT 15, HARCOURT LODGE CROYDON ROAD: £44,000 (Sold on 05 Jan 1995)
Other
- The average price is around £940,949 median price is £309,986 Standard Deviation is £2,982,964 with Total Sold: 63
- The Last 5 Year average price is £1,359,694 with Total Sold: 30
- The most recent sale happened at this postcode is , 391 CROYDON ROAD: £775,000 (Sold on 19 Jun 2024)
- The first recorded sale happened at this postcode is , THE GRANGE LONDON ROAD: £50,000 (Sold on 09 Dec 2011)
Terraced
- The average price is around £232,602 median price is £212,000 Standard Deviation is £134,101 with Total Sold: 1,197
- The Last 5 Year average price is £464,316 with Total Sold: 139
- The most recent sale happened at this postcode is , 3 ACRE LANE: £484,000 (Sold on 13 Jun 2024)
- The first recorded sale happened at this postcode is , 29 STRAWBERRY LANE: £84,000 (Sold on 06 Jan 1995)
Detached
- The average price is around £344,424 median price is £300,000 Standard Deviation is £189,614 with Total Sold: 87
- The Last 5 Year average price is £530,714 with Total Sold: 7
- 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 , 38 WESTCROFT ROAD: £50,000 (Sold on 13 Jan 1995)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£562,525	£19,293	10
2023	£524,800	£6,124	15
2022	£574,434	£6,235	30
2021	£531,478	£5,775	46
2020	£475,037	£5,344	48
2019	£447,719	£5,212	32
2018	£470,609	£5,442	32
2017	£482,453	£5,018	33
2016	£442,028	£5,010	39
2015	£383,005	£4,392	41
2014	£360,251	£4,051	36
2013	£292,450	£3,574	41
2012	£280,896	£3,219	43
2011	£269,960	£3,172	26
2010	£277,126	£2,972	47
2009	£236,595	£2,888	21
2008	£262,704	£2,604	25
2007	£274,201	£3,023	49
2006	£252,353	£2,593	52
2005	£241,745	£2,635	52
2004	£236,229	£2,668	43
2003	£226,743	£2,587	50
2002	£196,676	£2,132	57
2001	£171,392	£1,819	77
2000	£155,297	£1,728	44
1999	£129,250	£1,342	50
1998	£115,305	£1,289	54
1997	£96,267	£1,064	51
1996	£85,249	£1,084	65
1995	£82,400	£911	41

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£293,333	£4,403	6
2023	£299,365	£4,827	37
2022	£318,646	£5,472	68
2021	£289,031	£4,853	78
2020	£292,948	£5,090	41
2019	£310,674	£5,089	56
2018	£288,755	£4,759	52
2017	£303,588	£4,992	66
2016	£262,644	£4,681	54
2015	£250,617	£4,082	66
2014	£218,463	£3,672	63
2013	£188,134	£3,151	56
2012	£176,256	£3,019	39
2011	£166,607	£2,753	36
2010	£176,575	£2,999	36
2009	£162,587	£2,697	45
2008	£184,518	£2,990	49
2007	£173,495	£3,099	77
2006	£163,730	£2,815	99
2005	£149,430	£2,734	70
2004	£153,353	£2,871	72
2003	£153,220	£2,460	101
2002	£140,512	£2,412	97
2001	£113,612	£1,991	111
2000	£89,392	£1,669	82
1999	£71,069	£1,296	83
1998	£61,556	£1,102	86
1997	£55,050	£1,004	90
1996	£51,502	£938	67
1995	£49,078	£881	69

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£775,000		1
2023	£251,000		4
2022	£1,789,000	£5,100	3
2021	£144,022	£348	4
2020	£2,772,079	£3,622	11
2019	£367,980	£1,731	7
2018	£187,415	£4,140	10
2017	£683,273	£7,922	11
2016	£1,087,571	£5,465	7
2015	£453,600		3
2014	£75,000		1
2011	£50,000		1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£495,167	£5,095	6
2023	£501,107	£5,984	14
2022	£519,474	£5,953	19
2021	£450,113	£5,290	45
2020	£455,308	£5,132	26
2019	£434,152	£4,672	29
2018	£405,368	£5,272	28
2017	£405,975	£4,878	26
2016	£427,375	£4,803	26
2015	£378,859	£4,232	37
2014	£319,716	£3,689	34
2013	£275,465	£3,408	34
2012	£281,238	£3,232	26
2011	£248,625	£3,025	26
2010	£258,670	£3,015	33
2009	£226,156	£2,826	37
2008	£243,998	£2,811	27
2007	£241,005	£3,271	46
2006	£224,565	£2,789	65
2005	£219,520	£2,538	33
2004	£207,933	£2,671	54
2003	£196,645	£2,360	60
2002	£168,902	£2,019	49
2001	£152,666	£1,828	62
2000	£149,620	£1,869	62
1999	£113,687	£1,425	58
1998	£103,527	£1,254	54
1997	£90,953	£1,291	62
1996	£72,125	£944	75
1995	£71,365	£846	44

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£550,000		1
2023	£620,000	£6,739	1
2022	£585,000	£8,239	1
2021	£600,000	£5,505	1
2019	£453,333	£5,037	3
2017	£555,000	£3,801	1
2016	£604,400	£5,678	5
2015	£397,250	£8,528	3
2014	£550,000	£4,110	3
2013	£512,167	£3,616	6
2012	£449,000	£2,556	2
2010	£234,000	£3,883	2
2009	£363,917	£2,948	6
2008	£499,950		1
2007	£374,286	£3,367	7
2006	£265,567	£3,746	3
2005	£364,057	£3,043	7
2004	£272,333	£2,208	3
2003	£256,250	£2,613	4
2002	£195,500	£2,069	2
2001	£250,975	£1,352	2
2000	£420,000		1
1999	£173,250	£1,282	4
1998	£222,944	£1,380	7
1997	£143,700	£950	5
1996	£123,000	£1,486	3
1995	£82,500	£610	3

House Type in SM5 2TN area

The most common house types in the SM5 2TN postcode area are Flat (41), Terraced (39), and Semi-detached (19).

Total	104
Flat	41
Terraced	39
Semi-detached	19
Shared house	5
Detached	0
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 (40), and Private rented: Private landlord or letting agency (38).

Owned: Owns with a mortgage or loan	40
Private rented: Private landlord or letting agency	38
Owned: Owns outright	15
Social rented: Other social rented	7
Private rented: Other private rented	2
Shared ownership: Shared ownership	1
Social rented: Rents from council or Local Authority	1
Does not apply	0
Lives rent free	0

Number of People in a Household

The most houses in the SM5 2TN have 2 people in household (38), and 1 person in household (32).

2 people in household	38
1 person in household	32
3 people in household	14
4 people in household	13
5 people in household	3
6 people in household	3
0 people in household	0
7 people in household	0
8 or more people in household	0