Housing Market Analysis for VELLUM DRIVE, SM5 2TP

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

Overview of Sold House prices

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

  • Flat
    • The average price is around £149,038 median price is £145,475 Standard Deviation is £83,123 with Total Sold: 12
    • The Last 5 Year average price is £243,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 55 VELLUM DRIVE: £195,000 (Sold on 05 Nov 2021)
    • The first recorded sale happened at this postcode is 58 VELLUM DRIVE: £54,500 (Sold on 23 Feb 1996)
  • Terraced
    • The average price is around £143,571 median price is £86,000 Standard Deviation is £108,790 with Total Sold: 7
    • The Last 5 Year average price is £397,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 51 VELLUM DRIVE: £397,000 (Sold on 03 Mar 2021)
    • The first recorded sale happened at this postcode is 49 VELLUM DRIVE: £78,500 (Sold on 09 Feb 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average SM5 2TP 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£195,000 £5,000 1
2019£291,000 £4,409 1
2018£280,000 £4,375 1
2014£230,000 £3,485 1
2010£165,000 £2,500 1
2008£156,000 £4,457 1
2003£113,500 £3,243 1
2002£134,950 £3,681 1
1999£55,500 £1,586 1
1998£70,000 £1,094 1
1997£43,000 £1,229 1
1996£54,500 £852 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£397,000 £5,514 1
2004£182,000 £2,493 1
1998£88,750 £1,174 2
1997£85,000 £1,173 2
1995£78,5001

All the Sales in the VELLUM DRIVE, SM5 2TP

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

AddressSold DatePrice% Change
55 VELLUM DRIVEFlat, LeaseholdArea: 39 Sq.mtrAge: 1983-199005 Nov 2021£195,000First Sale
51 VELLUM DRIVETerraced, FreeholdArea: 72 Sq.mtrAge: 1983-199003 Mar 2021£397,000369.82%
17 Apr 1998£84,500First Sale
56 VELLUM DRIVEFlat, LeaseholdArea: 66 Sq.mtrAge: 1983-199006 Aug 2019£291,00026.52%
10 Jul 2014£230,00039.39%
07 May 2010£165,00022.27%
21 Nov 2002£134,950First Sale
58 VELLUM DRIVEFlat, LeaseholdArea: 64 Sq.mtrAge: 1983-199007 Jun 2018£280,000300.00%
25 Sep 1998£70,00028.44%
23 Feb 1996£54,500First Sale
57 VELLUM DRIVEFlat, LeaseholdArea: 35 Sq.mtrAge: 1983-199018 Apr 2008£156,00037.44%
25 Jul 2003£113,500104.50%
25 Jun 1999£55,50029.07%
03 Jul 1997£43,000First Sale
54 VELLUM DRIVETerraced, FreeholdArea: 73 Sq.mtrAge: 1983-199006 Feb 2004£182,000116.67%
23 May 1997£84,000First Sale
49 VELLUM DRIVETerraced, Freehold06 Nov 1998£93,00018.47%
09 Feb 1995£78,500First Sale
52 VELLUM DRIVETerraced, FreeholdArea: 72 Sq.mtrAge: 1983-199021 Nov 1997£86,000First Sale

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

VELLUM DRIVE, SM5 2TP Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £270,778 median price is £249,950 Standard Deviation is £144,864 with Total Sold: 1,218
    • The Last 5 Year average price is £501,840 with Total Sold: 172
    • 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 £173,733 median price is £160,000 Standard Deviation is £94,559 with Total Sold: 1,841
    • The Last 5 Year average price is £305,468 with Total Sold: 270
    • 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 , 5B NIGHTINGALE ROAD: £32,000 (Sold on 06 Jan 1995)
  • Other
    • The average price is around £997,688 median price is £332,000 Standard Deviation is £3,184,778 with Total Sold: 53
    • The Last 5 Year average price is £1,317,926 with Total Sold: 27
    • 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 £231,538 median price is £212,500 Standard Deviation is £133,121 with Total Sold: 1,119
    • The Last 5 Year average price is £465,530 with Total Sold: 128
    • 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 £316,833 median price is £275,000 Standard Deviation is £168,188 with Total Sold: 74
    • The Last 5 Year average price is £515,833 with Total Sold: 6
    • 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£557,250 £6,481 9
2023£527,072 £6,202 14
2022£567,965 £6,050 28
2021£514,744 £5,614 41
2020£471,953 £5,350 47
2019£446,455 £5,173 33
2018£468,683 £5,344 30
2017£473,418 £5,033 31
2016£436,935 £5,002 37
2015£380,930 £4,393 40
2014£359,271 £4,050 37
2013£291,761 £3,536 40
2012£280,896 £3,219 43
2011£269,476 £3,166 23
2010£274,780 £2,956 46
2009£237,925 £2,937 20
2008£263,104 £2,579 25
2007£272,937 £3,053 50
2006£252,833 £2,625 52
2005£235,351 £2,612 48
2004£235,853 £2,719 42
2003£226,472 £2,522 49
2002£197,215 £2,145 58
2001£171,055 £1,817 76
2000£154,621 £1,747 42
1999£129,250 £1,342 50
1998£115,076 £1,289 52
1997£97,044 £1,064 49
1996£85,249 £1,084 65
1995£82,084 £918 41
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£293,333 £4,403 6
2023£302,264 £4,846 36
2022£318,030 £5,490 66
2021£292,896 £4,922 73
2020£299,915 £5,303 37
2019£314,745 £5,159 52
2018£291,305 £4,754 50
2017£307,386 £5,058 59
2016£265,034 £4,745 53
2015£251,309 £4,103 64
2014£222,116 £3,696 58
2013£189,899 £3,193 54
2012£179,888 £3,073 36
2011£168,841 £2,811 29
2010£177,962 £3,048 34
2009£163,637 £2,721 43
2008£185,133 £3,026 48
2007£175,720 £3,100 71
2006£163,711 £2,821 96
2005£150,303 £2,743 68
2004£153,752 £2,888 71
2003£154,359 £2,481 97
2002£141,878 £2,441 93
2001£114,868 £2,024 106
2000£90,138 £1,705 77
1999£72,147 £1,338 74
1998£62,261 £1,134 78
1997£55,772 £1,023 84
1996£52,891 £968 63
1995£49,614 £906 65
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£775,0001
2023£251,0004
2022£156,000 £5,100 2
2021£144,022 £348 4
2020£3,371,228 £3,622 9
2019£367,980 £1,731 7
2018£206,664 £5,095 7
2017£816,778 £7,922 9
2016£1,266,667 £5,465 6
2015£385,4002
2014£75,0001
2011£50,0001
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£495,167 £5,095 6
2023£518,091 £5,865 11
2022£523,611 £5,872 18
2021£452,752 £5,332 42
2020£446,456 £5,111 23
2019£436,025 £4,632 28
2018£405,368 £5,272 28
2017£407,814 £4,837 25
2016£405,212 £4,582 20
2015£378,435 £4,238 34
2014£324,253 £3,755 33
2013£276,198 £3,357 32
2012£281,100 £3,213 24
2011£248,552 £3,017 24
2010£256,729 £3,040 31
2009£229,140 £2,808 34
2008£244,873 £2,880 24
2007£240,762 £3,335 43
2006£224,109 £2,784 62
2005£215,779 £2,535 31
2004£207,528 £2,660 52
2003£199,588 £2,355 54
2002£168,323 £2,019 47
2001£152,437 £1,840 59
2000£150,965 £1,869 58
1999£115,144 £1,436 52
1998£103,438 £1,248 52
1997£92,177 £1,291 60
1996£72,324 £951 69
1995£71,060 £846 43
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£550,0001
2022£585,000 £8,239 1
2021£600,000 £5,505 1
2019£453,333 £5,037 3
2016£428,500 £5,957 2
2015£397,250 £8,528 3
2014£440,000 £4,723 2
2013£535,100 £3,493 5
2012£449,000 £2,556 2
2010£234,000 £3,883 2
2009£277,750 £3,230 4
2008£499,9501
2007£374,286 £3,367 7
2006£258,975 £4,137 2
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£176,950 £1,487 1
2000£420,0001
1999£173,250 £1,282 4
1998£233,435 £1,057 6
1997£135,750 £950 4
1996£123,000 £1,486 3
1995£82,500 £610 3

House Type in SM5 2TP area

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

Total104
Flat41
Terraced39
Semi-detached19
Shared house5
Detached0
converted building0
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 (40), and Private rented: Private landlord or letting agency (38).

Owned: Owns with a mortgage or loan40
Private rented: Private landlord or letting agency38
Owned: Owns outright15
Social rented: Other social rented7
Private rented: Other private rented2
Shared ownership: Shared ownership1
Social rented: Rents from council or Local Authority1
Does not apply0
Lives rent free0

Number of People in a Household

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

2 people in household38
1 person in household32
3 people in household14
4 people in household13
5 people in household3
6 people in household3
0 people in household0
7 people in household0
8 or more people in household0