SM1 2AY is a residential postcode situated on Cheam Road, Sutton, SM1 with 24 addresses.
It ranks as the 408th largest and 289th most expensive of the 744 postcodes in the SM1 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 24 properties: 24 flats.
SM1 2AY is a residential postcode situated on Cheam Road, Sutton, SM1 with 24 addresses.
It ranks as the 408th largest and 289th most expensive of the 744 postcodes in the SM1 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 24 properties: 24 flats.
Sale prices range from £323,927 for 2 bedroom leasehold flats (785 ft2) to £505,034 for 3 bedroom leasehold flats (1,657 ft2) .
Monthly rental prices range from £1,587 pcm for 2 bed flats to £2,459 pcm for 3 bed flats.
The gross rental yield is between 5.8% and 6.0%.
The average value per square foot is £407.
The last sale in SM1 2AY sold for £385,000 on 2nd August 2024. Since then prices are down an average of 2.5%.
The current average value in the postcode is £355,040.
The SM1 2AY Sales Market has increased by 0.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -0.6% | £355,040 |
| April 2025 | -0.9% | £357,279 |
| April 2024 | -1% | £360,529 |
| April 2023 | -2.2% | £364,124 |
| April 2022 | 4.6% | £372,389 |
| April 2021 | 1.6% | £355,970 |
| April 2020 | 0.9% | £350,304 |
| April 2019 | 0.3% | £347,171 |
| April 2018 | -4% | £346,244 |
| April 2017 | 2.1% | £360,851 |
| April 2016 | 12.9% | £353,488 |
| April 2015 | 11.1% | £313,205 |
| April 2014 | 16.9% | £281,927 |
| April 2013 | 5.6% | £241,105 |
| April 2012 | 2.9% | £228,398 |
| April 2011 | 0.5% | £222,038 |
| April 2010 | 7.7% | £220,877 |
| April 2009 | -16.6% | £205,061 |
| April 2008 | 3.9% | £245,907 |
| April 2007 | 0% | £236,683 |
The current average rental value in the postcode is £1,749.
The SM1 2AY Rental Market has increased by 25.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.1% | £1,749pcm |
| April 2025 | 0.4% | £1,696pcm |
| April 2024 | 6.5% | £1,688pcm |
| April 2023 | 11.4% | £1,585pcm |
| April 2022 | 4.6% | £1,423pcm |
| April 2021 | -0.4% | £1,360pcm |
| April 2020 | 3.3% | £1,365pcm |
| April 2019 | 2.9% | £1,322pcm |
| April 2018 | -2.6% | £1,285pcm |
| April 2017 | -5.1% | £1,319pcm |
| April 2016 | 6.5% | £1,390pcm |
| April 2015 | 7.1% | £1,305pcm |
| April 2014 | 4.9% | £1,219pcm |
| April 2013 | 3.9% | £1,162pcm |
| April 2012 | 6.5% | £1,118pcm |
| April 2011 | 5.5% | £1,049pcm |
| April 2010 | 1.8% | £994pcm |
| April 2009 | -6.6% | £977pcm |
| April 2008 | 7% | £1,045pcm |
| April 2007 | 0% | £977pcm |
The last sale was on 2nd August 2024 for £385,000 and since then the market in the area has decreased by 2.5%. The postcode has had a total of 39 sales since 1995.
SM1 2AY has seen 4 sales in the last three years and no sales in the last twelve months.
SM1 2AY is the 408th largest and the 289th most expensive postcode out of the 744 postcodes in the SM1 area.
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The closest station to SM1 2AY is Sutton (London) station which is 600 metres away.
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