SM1 2TL

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SM1 2TLHouse Prices / London, Sutton, Cheam Road

Name: SM1 2TL
Address: SM1 2TL, Sutton, London, SM1 2TL, United Kingdom

Last updated May 2026

Key Postcode Insights

SM1 2TL is a residential postcode situated on Cheam Road, Sutton, SM1 with 6 addresses.

It ranks as the 66th largest and 187th 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 6 properties: 6 flats.

Properties

Flats

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Key Postcode Insights

SM1 2TL is a residential postcode situated on Cheam Road, Sutton, SM1 with 6 addresses.

It ranks as the 66th largest and 187th 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 6 properties: 6 flats.

Properties

Flats

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House Pricesin SM1 2TL

Sale prices range from £285,021 for 2 bedroom leasehold flats (635 ft²) to £302,649 for 2 bedroom leasehold flats (704 ft²) .

Monthly rental prices range from £1,446 pcm for 2 bed flats to £1,515 pcm for 2 bed flats.

The gross rental yield is between 6.0% and 6.1%.

The average value per square foot is £445.

Average Sale Value

£290,161

Average Rental Value

£1,466 pcm

Average Rental Yield

6.1% /year

Average Value Per Sqft

£445 /ft²

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Prices last updated 1st May 2026

Sales Market Trendsin SM1 2TL

The last sale in SM1 2TL sold for £292,000 on 6th June 2025. Since then prices are down an average of 0.8%.

The current average value in the postcode is £290,161.
The SM1 2TL Sales Market has increased by 0.8% over the last 10 years.

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Period	Year on Year	Average Price
April 2026	-0.5%	£290,161
April 2025	-0.5%	£291,639
April 2024	-0.6%	£293,223
April 2023	-2.1%	£295,065
April 2022	4.6%	£301,348
April 2021	1.8%	£288,145
April 2020	0.4%	£282,983
April 2019	-0.2%	£281,890
April 2018	-3.8%	£282,321
April 2017	2%	£293,348
April 2016	13%	£287,720
April 2015	11.4%	£254,556
April 2014	16.9%	£228,437
April 2013	5.2%	£195,475
April 2012	1.9%	£185,889
April 2011	0.1%	£182,389
April 2010	7.6%	£182,282
April 2009	-16.2%	£169,465
April 2008	4.2%	£202,127
April 2007	0%	£193,928

Rental Market Trendsin SM1 2TL

The current average rental value in the postcode is £1,466.
The SM1 2TL Rental Market has increased by 26.3% over the last 10 years.

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Period	Year on Year	Average Price
April 2026	3.2%	£1,466pcm
April 2025	0.8%	£1,420pcm
April 2024	6.9%	£1,409pcm
April 2023	11.5%	£1,318pcm
April 2022	4.6%	£1,182pcm
April 2021	-0.2%	£1,129pcm
April 2020	2.8%	£1,132pcm
April 2019	2.4%	£1,101pcm
April 2018	-2.3%	£1,075pcm
April 2017	-5.2%	£1,100pcm
April 2016	6.6%	£1,160pcm
April 2015	7.4%	£1,088pcm
April 2014	4.8%	£1,013pcm
April 2013	3.5%	£966pcm
April 2012	5.6%	£933pcm
April 2011	5%	£884pcm
April 2010	1.6%	£842pcm
April 2009	-6.1%	£828pcm
April 2008	7.3%	£882pcm
April 2007	0%	£821pcm

Explore Buildingsin SM1 2TL, Cheam Road, Sutton, SM1

52, Cheam Road, Sutton, SM1 Mid-century building 6 units

Sales History
in SM1 2TL

The last sale was on 6th June 2025 for £292,000 and since then the market in the area has decreased by 0.8%. The postcode has had a total of 13 sales since 1995.