Housing Market Analysis for BANKSIDE CLOSE, SM5 3SB

Are you looking to understand SM5 3SB 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 3SB area, explore the SM5 3SB Area information page.
For comprehensive crime statistics in the SM5 3SB area, explore the SM5 3SB Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the SM5 3SB postcode area, The average prices are as follows,

Flat
- The average price is around £275,460 median price is £249,950 Standard Deviation is £106,704 with Total Sold: 15
- The Last 5 Year average price is £436,875 with Total Sold: 4
- The most recent sale happened at this postcode is 14 BANKSIDE CLOSE: £430,000 (Sold on 24 Nov 2023)
- The first recorded sale happened at this postcode is 19 BANKSIDE CLOSE: £86,500 (Sold on 03 May 1995)
Terraced
- The average price is around £260,526 median price is £255,000 Standard Deviation is £116,015 with Total Sold: 36
- The Last 5 Year average price is £437,400 with Total Sold: 5
- The most recent sale happened at this postcode is 11 BANKSIDE CLOSE: £400,000 (Sold on 28 Jul 2023)
- The first recorded sale happened at this postcode is 10 BANKSIDE CLOSE: £76,000 (Sold on 23 Oct 1995)
Semi-Detached
- The average price is around £264,000 median price is £260,000 Standard Deviation is £27,905 with Total Sold: 3
- The most recent sale happened at this postcode is 23 BANKSIDE CLOSE: £300,000 (Sold on 03 Dec 2007)
- The first recorded sale happened at this postcode is 22 BANKSIDE CLOSE: £260,000 (Sold on 18 Nov 2005)

Sold Price Trend Over the Years:

Below table and chart gives the average SM5 3SB 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
2023	£443,333	£3,701	3
2021	£417,500	£3,630	1
2012	£245,000	£2,181	1
2007	£265,000	£2,325	2
2006	£249,975	£2,212	2
2004	£237,500	£2,065	1
2003	£214,950	£1,990	1
2002	£211,000	£1,540	1
2001	£179,750	£1,619	2
1995	£86,500	£801	1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£400,000	£3,540	1
2021	£472,000	£4,834	3
2019	£371,000	£2,968	1
2017	£380,000	£3,220	1
2016	£402,750	£4,777	2
2015	£377,500	£3,341	1
2014	£355,050	£3,091	2
2013	£307,500	£4,258	2
2010	£260,000	£3,881	1
2009	£260,000	£2,203	1
2008	£265,000	£2,345	1
2007	£257,238	£2,205	4
2004	£220,000	£1,982	1
2002	£213,890	£1,809	5
2001	£171,500	£1,969	2
2000	£148,475	£1,203	2
1999	£119,500	£1,013	1
1998	£107,500	£951	1
1997	£88,000	£779	1
1996	£84,750	£709	2
1995	£76,000	£644	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2007	£300,000	£2,206	1
2005	£246,000		2

All the Sales in the BANKSIDE CLOSE, SM5 3SB

See the table below for more details on the sold house prices in the SM5 3SB, Sutton postcode.

Address	Sold Date	Price	% Change
14 BANKSIDE CLOSEFlat, LeaseholdArea: 137 Sq.mtrAge: 1967-1975	24 Nov 2023	£430,000	103.79%
	31 Oct 2002	£211,000	First Sale
15 BANKSIDE CLOSEFlat, LeaseholdArea: 113 Sq.mtrAge: 1976-1982	10 Nov 2023	£450,000	0.0
	10 Nov 2023	£450,000	66.67%
	22 Aug 2007	£270,000	8.00%
	24 Jul 2006	£250,000	36.61%
	08 Aug 2001	£183,000	First Sale
11 BANKSIDE CLOSETerraced, LeaseholdArea: 113 Sq.mtrAge: 1967-1975	28 Jul 2023	£400,000	5.96%
	10 Jul 2015	£377,500	42.45%
	04 Jul 2008	£265,000	26.19%
	30 Aug 2002	£210,000	138.64%
	19 Feb 1997	£88,000	First Sale
6 BANKSIDE CLOSETerraced, LeaseholdArea: 113 Sq.mtrAge: 1967-1975	17 Sep 2021	£475,000	28.34%
	04 Aug 2014	£370,100	32.20%
	14 Dec 2007	£279,950	160.42%
	27 Feb 1998	£107,500	First Sale
27 BANKSIDE CLOSETerraced, FreeholdArea: 78 Sq.mtrAge: 1976-1982	07 Sep 2021	£496,000	57.46%
	19 Jul 2013	£315,000	First Sale
16 BANKSIDE CLOSETerraced, LeaseholdArea: 113 Sq.mtrAge: 1967-1975	29 Jun 2021	£445,000	78.00%
	16 Feb 2007	£250,000	First Sale
17 BANKSIDE CLOSEFlat, LeaseholdArea: 115 Sq.mtrAge: 1976-1982	05 Mar 2021	£417,500	60.58%
	31 May 2007	£260,000	9.47%
	22 Mar 2004	£237,500	First Sale
13 BANKSIDE CLOSETerraced, LeaseholdArea: 125 Sq.mtrAge: 1967-1975	02 May 2019	£371,000	59.57%
	09 Dec 2002	£232,500	First Sale
1 BANKSIDE CLOSETerraced, LeaseholdArea: 118 Sq.mtrAge: 1967-1975	14 Mar 2017	£380,000	46.15%
	05 Jun 2009	£260,000	117.57%
	09 Sep 1999	£119,500	First Sale
24 BANKSIDE CLOSETerraced, FreeholdArea: 67 Sq.mtrAge: 1967-1975	02 Dec 2016	£418,500	39.50%
	29 Jul 2013	£300,000	15.38%
	28 Apr 2010	£260,000	55.69%
	23 Oct 2001	£167,000	First Sale
8 BANKSIDE CLOSETerraced, LeaseholdArea: 117 Sq.mtrAge: 1976-1982	29 Jul 2016	£387,000	84.29%
	12 Jul 2002	£210,000	153.01%
	27 Feb 1996	£83,000	First Sale
9 BANKSIDE CLOSETerraced, LeaseholdArea: 117 Sq.mtrAge: 1967-1975	01 Aug 2014	£340,000	81.82%
	08 Apr 2002	£187,000	First Sale
20 BANKSIDE CLOSEFlat, LeaseholdArea: 112.35 Sq.mtrAge: 1967-1975	08 Jun 2012	£245,000	First Sale
23 BANKSIDE CLOSESemi-Detached, FreeholdArea: 136 Sq.mtrAge: 1967-1975	03 Dec 2007	£300,000	First Sale
25 BANKSIDE CLOSETerraced, Freehold	10 Aug 2007	£272,000	First Sale
18 BANKSIDE CLOSETerraced, LeaseholdArea: 118 Sq.mtrAge: 1967-1975	09 May 2007	£227,000	First Sale
3 BANKSIDE CLOSEFlat, Leasehold	22 Sep 2006	£249,950	41.61%
3 BANKSIDE CLOSEFlat, Leasehold	18 Dec 2001	£176,500	First Sale
7 BANKSIDE CLOSESemi-Detached, Leasehold	25 Nov 2005	£232,000	First Sale
22 BANKSIDE CLOSESemi-Detached, Freehold	18 Nov 2005	£260,000	First Sale
2 BANKSIDE CLOSETerraced, LeaseholdArea: 111 Sq.mtrAge: 1976-1982	30 Jul 2004	£220,000	25.00%
	24 Sep 2001	£176,000	First Sale
19 BANKSIDE CLOSEFlat, LeaseholdArea: 108 Sq.mtrAge: 1967-1975	29 Jan 2003	£214,950	148.50%
	03 May 1995	£86,500	First Sale
10 BANKSIDE CLOSETerraced, LeaseholdArea: 118 Sq.mtrAge: 1976-1982	29 Nov 2002	£229,950	61.94%
	26 May 2000	£142,000	86.84%
	23 Oct 1995	£76,000	First Sale
21 BANKSIDE CLOSETerraced, Leasehold	23 Mar 2000	£154,950	79.13%
21 BANKSIDE CLOSETerraced, Leasehold	12 Dec 1996	£86,500	First Sale

Check out the sold house prices near the SM5 3SB postcode. Properties currently for saleProperties currently for rent

BANKSIDE CLOSE, SM5 3SB Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the SM5 3SB 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 3SB postcode.

Detached
- The average price is around £417,891 median price is £374,975 Standard Deviation is £219,694 with Total Sold: 394
- The Last 5 Year average price is £725,512 with Total Sold: 58
- The most recent sale happened at this postcode is , 145 CARSHALTON PARK ROAD: £663,500 (Sold on 12 Jul 2024)
- The first recorded sale happened at this postcode is , 3 SALISBURY ROAD: £125,000 (Sold on 14 Feb 1995)
Semi-Detached
- The average price is around £337,162 median price is £300,000 Standard Deviation is £192,164 with Total Sold: 1,191
- The Last 5 Year average price is £644,884 with Total Sold: 168
- The most recent sale happened at this postcode is , 28 DOWNSIDE ROAD: £795,000 (Sold on 28 Jun 2024)
- The first recorded sale happened at this postcode is , 57 CARSHALTON PARK ROAD: £79,000 (Sold on 05 Jan 1995)
Flat
- The average price is around £159,805 median price is £149,000 Standard Deviation is £87,242 with Total Sold: 929
- The Last 5 Year average price is £275,018 with Total Sold: 119
- The most recent sale happened at this postcode is FLAT 2, 90 PARK HILL: £225,000 (Sold on 19 Jun 2024)
- The first recorded sale happened at this postcode is , 64 CARSHALTON PARK ROAD: £31,000 (Sold on 11 Jan 1995)
Terraced
- The average price is around £271,511 median price is £248,975 Standard Deviation is £150,934 with Total Sold: 634
- The Last 5 Year average price is £500,005 with Total Sold: 89
- The most recent sale happened at this postcode is , 33 CARSHALTON PARK ROAD: £638,000 (Sold on 24 May 2024)
- The first recorded sale happened at this postcode is , 15A WALES AVENUE: £72,500 (Sold on 10 Jan 1995)
Other
- The average price is around £329,408 median price is £190,000 Standard Deviation is £658,045 with Total Sold: 37
- The Last 5 Year average price is £448,218 with Total Sold: 20
- The most recent sale happened at this postcode is , 7 BEECHES AVENUE: £525,000 (Sold on 22 Sep 2023)
- The first recorded sale happened at this postcode is , 310 CARSHALTON ROAD: £63,750 (Sold on 28 May 2014)

Sold Price Trend Over the Years:

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£979,500	£6,383	3
2023	£770,083	£6,592	12
2022	£703,850	£6,263	10
2021	£733,162	£5,024	12
2020	£701,714	£5,666	7
2019	£653,696	£4,687	14
2018	£615,364	£5,004	11
2017	£653,228	£4,876	20
2016	£600,300	£4,901	10
2015	£538,393	£4,581	14
2014	£564,395	£4,175	20
2013	£440,642	£3,418	19
2012	£417,750	£3,389	8
2011	£395,083	£3,740	12
2010	£400,677	£3,366	11
2009	£317,300	£2,647	5
2008	£395,000	£2,192	5
2007	£407,791	£3,393	22
2006	£435,262	£2,548	13
2005	£387,458	£3,573	13
2004	£336,246	£2,582	12
2003	£318,599	£2,488	18
2002	£263,219	£2,215	18
2001	£271,729	£2,220	14
2000	£223,804	£1,802	13
1999	£199,905	£1,511	21
1998	£180,685	£1,515	13
1997	£149,571	£1,182	15
1996	£143,942	£1,823	12
1995	£122,203	£880	17

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£673,556		9
2023	£677,696	£5,877	27
2022	£709,111	£5,519	32
2021	£633,378	£5,500	48
2020	£627,046	£5,295	24
2019	£565,641	£4,710	28
2018	£593,867	£5,071	24
2017	£575,150	£5,028	23
2016	£534,641	£4,433	36
2015	£495,601	£4,288	51
2014	£461,191	£3,970	28
2013	£375,756	£3,365	31
2012	£368,499	£3,325	38
2011	£342,337	£3,208	31
2010	£335,256	£3,107	27
2009	£303,498	£2,684	32
2008	£312,953	£3,087	30
2007	£354,835	£2,857	51
2006	£322,202	£2,691	43
2005	£299,656	£2,719	41
2004	£297,550	£2,411	56
2003	£280,490	£2,423	55
2002	£249,598	£2,124	42
2001	£192,941	£1,711	60
2000	£199,418	£1,572	43
1999	£166,217	£1,334	66
1998	£149,856	£1,252	56
1997	£124,964	£1,071	49
1996	£103,994	£880	60
1995	£103,979	£851	50

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£280,000	£3,940	5
2023	£267,636	£5,041	22
2022	£281,858	£4,977	24
2021	£278,786	£4,898	21
2020	£294,986	£4,602	22
2019	£253,213	£4,670	25
2018	£267,853	£4,921	17
2017	£280,038	£4,869	20
2016	£283,471	£4,715	26
2015	£222,156	£4,252	32
2014	£225,856	£4,000	32
2013	£197,519	£3,434	27
2012	£209,180	£3,137	25
2011	£181,842	£3,172	26
2010	£147,519	£3,197	18
2009	£171,875	£2,564	8
2008	£168,121	£3,680	25
2007	£178,963	£3,154	45
2006	£161,101	£2,913	55
2005	£159,908	£2,887	42
2004	£147,866	£2,650	45
2003	£138,434	£2,672	41
2002	£117,293	£2,219	35
2001	£106,154	£1,837	34
2000	£87,106	£1,633	58
1999	£76,775	£1,412	48
1998	£62,110	£1,130	43
1997	£52,370	£960	50
1996	£47,646	£929	34
1995	£42,758	£817	24

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£644,333		3
2023	£472,750	£6,452	8
2022	£548,104	£6,144	24
2021	£491,482	£5,371	28
2020	£459,592	£5,093	16
2019	£451,600	£4,965	10
2018	£420,457	£4,836	19
2017	£430,250	£4,937	18
2016	£434,148	£5,027	22
2015	£410,553	£4,325	19
2014	£326,356	£3,870	26
2013	£337,512	£3,502	28
2012	£281,497	£3,516	16
2011	£262,095	£3,121	19
2010	£263,208	£3,331	12
2009	£239,962	£2,808	13
2008	£295,047	£2,778	15
2007	£265,940	£3,150	29
2006	£236,723	£2,742	26
2005	£220,470	£2,926	27
2004	£236,359	£2,653	33
2003	£220,834	£2,550	19
2002	£184,015	£2,076	35
2001	£157,540	£1,776	21
2000	£136,266	£1,953	19
1999	£126,640	£1,308	24
1998	£101,802	£1,255	30
1997	£89,874	£1,074	27
1996	£80,055	£1,035	20
1995	£76,971	£915	28

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£525,000		1
2022	£189,928	£4,711	9
2020	£1,197,875	£3,643	4
2019	£323,083		6
2018	£220,000		3
2017	£65,000	£1,153	4
2016	£231,667	£1,639	3
2015	£257,500	£1,166	6
2014	£63,750	£1,555	1

House Type in SM5 3SB area

The most common house types in the SM5 3SB postcode area are Semi-detached (49), Terraced (29), and Detached (11).

Total	113
Semi-detached	49
Terraced	29
Detached	11
Flat	11
Shared house	11
converted building	2
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (53), and Owned: Owns with a mortgage or loan (42).

Owned: Owns outright	53
Owned: Owns with a mortgage or loan	42
Private rented: Private landlord or letting agency	14
Private rented: Other private rented	3
Social rented: Other social rented	2
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Rents from council or Local Authority	0
Lives rent free	0

Number of People in a Household

The most houses in the SM5 3SB have 1 person in household (35), and 2 people in household (34).

1 person in household	35
2 people in household	34
4 people in household	19
3 people in household	17
5 people in household	4
6 people in household	4
0 people in household	0
7 people in household	0
8 or more people in household	0