SM1 3RJ is a residential postcode situated on Lavender Road, Sutton, SM1 with 8 addresses.
It ranks as the 122nd largest and 341st most expensive of the 744 postcodes in the SM1 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 8 properties: 8 flats.
SM1 3RJ is a residential postcode situated on Lavender Road, Sutton, SM1 with 8 addresses.
It ranks as the 122nd largest and 341st most expensive of the 744 postcodes in the SM1 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 8 properties: 8 flats.
Sale prices range from £284,242 for 2 bedroom leasehold flats (717 ft2) to £466,723 for 3 bedroom leasehold flats (1,184 ft2) .
Monthly rental prices range from £1,471 pcm for 2 bed flats to £2,139 pcm for 3 bed flats.
The gross rental yield is between 5.5% and 6.2%.
The average value per square foot is £421.
The last sale in SM1 3RJ sold for £445,000 on 26th November 2024. Since then prices are down an average of 1.7%.
The current average value in the postcode is £382,941.
The SM1 3RJ Sales Market has increased by 1.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -0.3% | £382,941 |
| April 2025 | -0.8% | £384,011 |
| April 2024 | -0.9% | £387,258 |
| April 2023 | -1.8% | £390,607 |
| April 2022 | 4.8% | £397,934 |
| April 2021 | 1.7% | £379,873 |
| April 2020 | 0.8% | £373,459 |
| April 2019 | 0% | £370,530 |
| April 2018 | -3.8% | £370,484 |
| April 2017 | 2.5% | £385,198 |
| April 2016 | 13.3% | £375,746 |
| April 2015 | 11.3% | £331,683 |
| April 2014 | 17.6% | £297,905 |
| April 2013 | 5.4% | £253,305 |
| April 2012 | 2.7% | £240,384 |
| April 2011 | -0.1% | £234,128 |
| April 2010 | 7.1% | £234,353 |
| April 2009 | -16.5% | £218,909 |
| April 2008 | 4.2% | £262,145 |
| April 2007 | 0% | £251,647 |
The current average rental value in the postcode is £1,789.
The SM1 3RJ Rental Market has increased by 26.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.3% | £1,789pcm |
| April 2025 | 0.4% | £1,732pcm |
| April 2024 | 6.5% | £1,724pcm |
| April 2023 | 11.5% | £1,618pcm |
| April 2022 | 5.1% | £1,451pcm |
| April 2021 | -0.3% | £1,381pcm |
| April 2020 | 3.3% | £1,385pcm |
| April 2019 | 2.2% | £1,341pcm |
| April 2018 | -2.6% | £1,312pcm |
| April 2017 | -4.7% | £1,348pcm |
| April 2016 | 6.9% | £1,413pcm |
| April 2015 | 7% | £1,322pcm |
| April 2014 | 5.2% | £1,236pcm |
| April 2013 | 3.8% | £1,175pcm |
| April 2012 | 6.3% | £1,133pcm |
| April 2011 | 4.9% | £1,065pcm |
| April 2010 | 1.6% | £1,016pcm |
| April 2009 | -6.5% | £1,000pcm |
| April 2008 | 7.2% | £1,070pcm |
| April 2007 | 0% | £999pcm |
The last sale was on 26th November 2024 for £445,000 and since then the market in the area has decreased by 1.7%. The postcode has had a total of 27 sales since 1995.
SM1 3RJ has seen 1 sale in the last three years and no sales in the last twelve months.
SM1 3RJ is the 122nd largest and the 341st most expensive postcode out of the 744 postcodes in the SM1 area.
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The closest station to SM1 3RJ is Carshalton station which is 1.1 kilometres away.
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