Housing Market Analysis for VELLUM DRIVE, SM5 2TX

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

Overview of Sold House prices

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

Terraced
- The average price is around £181,544 median price is £195,000 Standard Deviation is £86,871 with Total Sold: 9
- The most recent sale happened at this postcode is 107 VELLUM DRIVE: £362,500 (Sold on 31 Oct 2018)
- The first recorded sale happened at this postcode is 105 VELLUM DRIVE: £79,000 (Sold on 30 May 1997)
Flat
- The average price is around £94,931 median price is £99,725 Standard Deviation is £41,982 with Total Sold: 8
- The most recent sale happened at this postcode is 112 VELLUM DRIVE: £161,500 (Sold on 18 Dec 2009)
- The first recorded sale happened at this postcode is 111 VELLUM DRIVE: £36,000 (Sold on 12 Dec 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average SM5 2TX 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: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2018	£362,500	£5,106	1
2013	£233,000	£3,247	1
2011	£219,000	£3,084	1
2007	£223,500	£3,147	1
2004	£195,000	£2,717	1
2002	£144,950	£1,986	1
1999	£90,000	£1,267	1
1998	£86,950	£1,212	1
1997	£79,000	£1,112	1

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2009	£161,500	£4,339	1
2007	£147,500	£3,939	1
2003	£104,500	£2,790	1
2001	£105,000	£1,615	1
2000	£94,950	£2,551	1
1999	£50,000	£1,335	1
1998	£60,000	£923	1
1996	£36,000	£961	1

All the Sales in the VELLUM DRIVE, SM5 2TX

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

Address	Sold Date	Price	% Change
107 VELLUM DRIVETerraced, FreeholdArea: 71 Sq.mtrAge: 1983-1990	31 Oct 2018	£362,500	First Sale
101 VELLUM DRIVETerraced, FreeholdArea: 71.76 Sq.mtrAge: 1983-1990	04 Jan 2013	£233,000	19.49%
	26 Jul 2004	£195,000	124.27%
	19 Jun 1998	£86,950	First Sale
105 VELLUM DRIVETerraced, FreeholdArea: 71.02 Sq.mtrAge: 1983-1990	08 Apr 2011	£219,000	-2.01%
	26 Feb 2007	£223,500	148.33%
	15 Jan 1999	£90,000	13.92%
	30 May 1997	£79,000	First Sale
112 VELLUM DRIVEFlat, LeaseholdArea: 37.22 Sq.mtrAge: 1983-1990	18 Dec 2009	£161,500	53.81%
	17 Sep 2001	£105,000	10.58%
	25 Feb 2000	£94,950	58.25%
	12 Mar 1998	£60,000	First Sale
111 VELLUM DRIVEFlat, LeaseholdArea: 37.45 Sq.mtrAge: 1983-1990	06 Jul 2007	£147,500	41.15%
	01 Aug 2003	£104,500	109.00%
	31 Mar 1999	£50,000	38.89%
	12 Dec 1996	£36,000	First Sale
109 VELLUM DRIVETerraced, FreeholdArea: 73 Sq.mtrAge: 1991-1995	19 Jul 2002	£144,950	First Sale

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

VELLUM DRIVE, SM5 2TX Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £274,797 median price is £249,950 Standard Deviation is £148,306 with Total Sold: 1,206
- The Last 5 Year average price is £509,462 with Total Sold: 176
- 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 £169,658 median price is £158,000 Standard Deviation is £93,849 with Total Sold: 1,963
- The Last 5 Year average price is £301,225 with Total Sold: 284
- 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 £931,746 median price is £304,993 Standard Deviation is £2,960,965 with Total Sold: 64
- The Last 5 Year average price is £1,341,639 with Total Sold: 31
- 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 £230,394 median price is £210,000 Standard Deviation is £132,882 with Total Sold: 1,168
- The Last 5 Year average price is £465,636 with Total Sold: 127
- 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 £361,050 median price is £325,000 Standard Deviation is £190,747 with Total Sold: 79
- The Last 5 Year average price is £541,875 with Total Sold: 8
- The most recent sale happened at this postcode is , 33A ROTHERFIELD ROAD: £620,000 (Sold on 29 Nov 2023)
- 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	£546,562	£32,105	8
2023	£524,800	£6,124	15
2022	£574,434	£6,235	30
2021	£530,864	£5,812	44
2020	£476,122	£5,365	48
2019	£450,839	£5,110	31
2018	£474,516	£5,387	32
2017	£471,031	£5,010	31
2016	£442,786	£5,078	35
2015	£388,685	£4,424	39
2014	£362,883	£4,105	34
2013	£291,562	£3,631	39
2012	£282,427	£3,242	41
2011	£273,678	£3,151	25
2010	£276,585	£3,006	46
2009	£234,917	£2,913	18
2008	£262,906	£2,604	25
2007	£273,665	£3,023	48
2006	£251,837	£2,600	50
2005	£239,649	£2,632	52
2004	£239,974	£2,677	43
2003	£227,202	£2,612	48
2002	£196,430	£2,161	57
2001	£172,557	£1,814	75
2000	£154,442	£1,718	42
1999	£129,450	£1,350	50
1998	£115,499	£1,307	52
1997	£96,949	£1,072	47
1996	£85,808	£1,095	62
1995	£83,305	£910	39

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£282,857	£4,403	7
2023	£297,679	£4,819	42
2022	£318,359	£5,552	64
2021	£288,330	£4,931	74
2020	£292,923	£5,049	41
2019	£309,719	£5,049	56
2018	£288,168	£4,810	49
2017	£297,922	£4,987	67
2016	£264,119	£4,738	53
2015	£246,705	£4,068	67
2014	£216,254	£3,689	62
2013	£187,019	£3,158	54
2012	£175,115	£3,046	39
2011	£164,842	£2,722	39
2010	£175,700	£3,034	36
2009	£162,260	£2,728	42
2008	£182,829	£2,964	50
2007	£172,336	£3,101	75
2006	£161,498	£2,834	99
2005	£149,382	£2,749	70
2004	£151,610	£2,846	76
2003	£152,854	£2,436	102
2002	£139,105	£2,402	101
2001	£112,442	£1,982	114
2000	£89,037	£1,675	82
1999	£70,844	£1,289	85
1998	£61,041	£1,091	92
1997	£53,961	£1,011	91
1996	£51,052	£931	70
1995	£47,842	£867	64

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	£275,217	£348	5
2020	£2,772,079	£3,622	11
2019	£367,980	£1,731	7
2018	£187,415	£4,140	10
2017	£638,167	£7,922	12
2016	£1,087,571	£5,465	7
2015	£385,400		2
2014	£75,000		1
2011	£50,000		1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£483,714	£5,095	7
2023	£509,538	£5,818	13
2022	£516,000	£5,831	22
2021	£446,759	£5,352	37
2020	£454,625	£5,243	24
2019	£430,529	£4,764	24
2018	£399,532	£5,277	25
2017	£407,869	£4,873	26
2016	£424,908	£4,509	20
2015	£380,606	£4,236	36
2014	£318,636	£3,761	32
2013	£281,683	£3,451	32
2012	£292,740	£3,197	30
2011	£243,317	£2,965	29
2010	£259,387	£3,006	34
2009	£227,079	£2,824	35
2008	£244,776	£2,920	27
2007	£245,281	£3,274	50
2006	£223,767	£2,764	61
2005	£219,292	£2,527	33
2004	£207,114	£2,663	57
2003	£198,508	£2,351	54
2002	£167,330	£2,101	49
2001	£151,775	£1,843	65
2000	£149,925	£1,856	59
1999	£114,163	£1,455	52
1998	£107,618	£1,267	54
1997	£92,896	£1,300	62
1996	£72,628	£944	69
1995	£72,851	£846	50

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£620,000	£6,739	1
2022	£557,500	£6,418	2
2021	£620,000	£4,778	2
2019	£453,333	£5,037	3
2017	£521,500	£3,901	2
2016	£588,000	£5,561	4
2015	£397,250	£8,528	3
2014	£550,000	£4,110	3
2013	£506,333	£3,549	6
2012	£449,000	£2,556	2
2010	£205,000	£4,743	1
2009	£376,700	£2,945	5
2008	£499,950		1
2007	£374,286	£3,367	7
2006	£265,567	£3,746	3
2005	£364,057	£3,043	7
2004	£250,000		1
2003	£256,250	£2,613	4
2002	£211,000		1
2001	£325,000	£1,217	1
2000	£420,000		1
1999	£194,333	£1,299	3
1998	£236,268	£1,380	6
1997	£143,700	£950	5
1996	£123,000	£1,486	3
1995	£71,250	£610	2

House Type in SM5 2TX area

The most common house types in the SM5 2TX postcode area are Terraced (59), Flat (45), and Semi-detached (17).

Total	128
Terraced	59
Flat	45
Semi-detached	17
Detached	5
Shared house	1
commercial building	1
converted building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Other social rented (48), and Social rented: Rents from council or Local Authority (23).

Social rented: Other social rented	48
Social rented: Rents from council or Local Authority	23
Owned: Owns with a mortgage or loan	22
Shared ownership: Shared ownership	14
Private rented: Private landlord or letting agency	14
Owned: Owns outright	7
Private rented: Other private rented	1
Lives rent free	1
Does not apply	0

Number of People in a Household

The most houses in the SM5 2TX have 2 people in household (45), and 1 person in household (26).

2 people in household	45
1 person in household	26
3 people in household	24
4 people in household	18
5 people in household	10
6 people in household	4
7 people in household	1
0 people in household	0
8 or more people in household	0