SM1 4LU is a residential postcode situated on Carshalton Road, Sutton, SM1 with 6 addresses.
It ranks as the 80th largest and 91st 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: 2 houses and 4 flats.
SM1 4LU is a residential postcode situated on Carshalton Road, Sutton, SM1 with 6 addresses.
It ranks as the 80th largest and 91st 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: 2 houses and 4 flats.
Sale prices range from £236,651 for 2 bedroom leasehold flats (505 ft2) to £507,013 for 3 bedroom freehold houses with a garden (1,097 ft2) .
Monthly rental prices range from £1,232 pcm for 2 bed flats to £2,330 pcm for 3 bed houses.
The gross rental yield is between 5.5% and 6.2%.
The average value per square foot is £477.
The last sale in SM1 4LU sold for £500,000 on 18th February 2021. Since then prices are up an average of 5.2%.
The current average value in the postcode is £331,885.
The SM1 4LU Sales Market has increased by 13.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -0.6% | £331,885 |
| April 2025 | 0.6% | £334,003 |
| April 2024 | -2% | £332,103 |
| April 2023 | 1.1% | £339,046 |
| April 2022 | 7.1% | £335,235 |
| April 2021 | 3.9% | £313,029 |
| April 2020 | 1.6% | £301,264 |
| April 2019 | -1% | £296,636 |
| April 2018 | -1.8% | £299,730 |
| April 2017 | 4% | £305,290 |
| April 2016 | 13.7% | £293,470 |
| April 2015 | 12% | £258,173 |
| April 2014 | 16.2% | £230,545 |
| April 2013 | 6.5% | £198,431 |
| April 2012 | 2.7% | £186,350 |
| April 2011 | -0.5% | £181,469 |
| April 2010 | 8.5% | £182,435 |
| April 2009 | -16.5% | £168,184 |
| April 2008 | 4.6% | £201,453 |
| April 2007 | 0% | £192,647 |
The current average rental value in the postcode is £1,629.
The SM1 4LU Rental Market has increased by 39.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3% | £1,629pcm |
| April 2025 | 2.1% | £1,582pcm |
| April 2024 | 6.2% | £1,550pcm |
| April 2023 | 12.9% | £1,459pcm |
| April 2022 | 8% | £1,293pcm |
| April 2021 | 2.2% | £1,197pcm |
| April 2020 | 3.2% | £1,171pcm |
| April 2019 | 1.4% | £1,134pcm |
| April 2018 | -1% | £1,118pcm |
| April 2017 | -3.5% | £1,130pcm |
| April 2016 | 7.3% | £1,170pcm |
| April 2015 | 7.2% | £1,091pcm |
| April 2014 | 5.9% | £1,018pcm |
| April 2013 | 4.6% | £961pcm |
| April 2012 | 5.9% | £919pcm |
| April 2011 | 4.1% | £868pcm |
| April 2010 | 2.7% | £834pcm |
| April 2009 | -6% | £812pcm |
| April 2008 | 6.6% | £863pcm |
| April 2007 | 0% | £810pcm |
The last sale was on 18th February 2021 for £500,000 and since then the market in the area has increased by 5.2%. The postcode has had a total of 10 sales since 1995.
SM1 4LU has seen no sales in the last three years and no sales in the last twelve months.
SM1 4LU is the 80th largest and the 91st most expensive postcode out of the 744 postcodes in the SM1 area.
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The closest station to SM1 4LU is Sutton (London) station which is 900 metres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around SM1 4LU, 36.7% of property is privately rented and 34.9% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around SM1 4LU, 15.7% of residents are recorded as possessing school level qualifications and 42.6% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around SM1 4LU, the average age was 38.7 and the most common age was 42.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around SM1 4LU, 0.5% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around SM1 4LU, there are an average of 0.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.