Upper Mulgrave Road - SM2 7AY
Key Postcode Insights
SM2 7AY is a residential postcode situated on Upper Mulgrave Road, Cheam, Sutton, SM2 with 24 addresses.
It ranks as the 361st largest and 294th most expensive of the 571 postcodes in the SM2 area. The most common property type is a modern flat built after 1980.
The postcode contains a total of 24 properties: 24 flats.
- Ave. Sale Price
- £465,172
- 10 Year change
- down 2.8%
- Ave. Rental Price
- £2,296pcm
- 10 Year change
- up 27.9%
- Ave. £ per ft²
- £472/ft²
- Ave. Gross Yield
- 5.9%/year/yr
Key Postcode Insights
SM2 7AY is a residential postcode situated on Upper Mulgrave Road, Cheam, Sutton, SM2 with 24 addresses.
It ranks as the 361st largest and 294th most expensive of the 571 postcodes in the SM2 area. The most common property type is a modern flat built after 1980.
The postcode contains a total of 24 properties: 24 flats.
- Ave. Sale Price
- £465,172
- 10 Year change
- down 2.8%
- Ave. Rental Price
- £2,296pcm
- 10 Year change
- up 27.9%
- Ave. £ per ft²
- £472/ft²
- Ave. Gross Yield
- 5.9%/year/yr
Explore Propertiesin SM2 7AY
- Horizon Court
Modern Building | 19 Units
- 11A Upper Mulgrave Road
3 Bed Early-century Flat
- 15A Upper Mulgrave Road
3 Bed Early-century Flat
- 15-17 Upper Mulgrave Road
Unknown
- 19A Upper Mulgrave Road
3 Bed Early-century Flat
Sales Market Trends
The last sale in SM2 7AY sold for £400,000 on 18th October 2024. Since then prices are down an average of 2.5%.
The current average value in the postcode is £465,172.
The SM2 7AY Sales Market has decreased by 2.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.9% | £465,172 |
| June 2025 | -2.3% | £469,521 |
| June 2024 | -0.9% | £480,496 |
| June 2023 | -2.7% | £484,834 |
| June 2022 | 4.5% | £498,493 |
| June 2021 | 1.4% | £477,190 |
| June 2020 | 2.3% | £470,722 |
| June 2019 | -0.4% | £460,256 |
| June 2018 | -4.4% | £462,161 |
| June 2017 | 1.1% | £483,453 |
| June 2016 | 11.6% | £478,351 |
| June 2015 | 8.1% | £428,704 |
| June 2014 | 14.6% | £396,619 |
| June 2013 | 7.2% | £345,986 |
| June 2012 | 2.9% | £322,894 |
| June 2011 | 0% | £313,819 |
| June 2010 | 10.6% | £313,690 |
| June 2009 | -14.5% | £283,613 |
| June 2008 | -2.3% | £331,843 |
| June 2007 | 0% | £339,579 |
Rental Market Trends
The current average rental value in the postcode is £2,296.
The SM2 7AY Rental Market has increased by 27.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.2% | £2,296pcm |
| June 2025 | -0.3% | £2,223pcm |
| June 2024 | 6.3% | £2,231pcm |
| June 2023 | 11.4% | £2,099pcm |
| June 2022 | 5.9% | £1,884pcm |
| June 2021 | -0.2% | £1,780pcm |
| June 2020 | 2% | £1,783pcm |
| June 2019 | 4.9% | £1,748pcm |
| June 2018 | -1.9% | £1,666pcm |
| June 2017 | -5.4% | £1,698pcm |
| June 2016 | 4.5% | £1,795pcm |
| June 2015 | 7.5% | £1,718pcm |
| June 2014 | 5% | £1,598pcm |
| June 2013 | 3.6% | £1,522pcm |
| June 2012 | 6.1% | £1,469pcm |
| June 2011 | 5% | £1,385pcm |
| June 2010 | 4.3% | £1,319pcm |
| June 2009 | -7.2% | £1,264pcm |
| June 2008 | 5.4% | £1,363pcm |
| June 2007 | 0% | £1,293pcm |
Sales History
The last sale was on 18th October 2024 for £400,000 and since then the market in the area has decreased by 2.5%. The postcode has had a total of 34 sales since 1995.
SM2 7AY has seen 2 sales in the last three years and no sales in the last twelve months.
- Sold Oct 2024£400,000 | 3 Bed FlatFlat 7, Horizon Court 3, Upper Mulgrave Road, Sutton, SM2 7AYFlat 7, Horizon Court 3, Upper Mulgrave Road, Sutton, SM2 7AY
- Sold Jan 2023£530,000 | 3 Bed FlatFlat 9, Horizon Court 3, Upper Mulgrave Road, Sutton, SM2 7AYFlat 9, Horizon Court 3, Upper Mulgrave Road, Sutton, SM2 7AY
- Sold Jul 2022£490,000 | 3 Bed FlatFlat 12, Horizon Court 3, Upper Mulgrave Road, Sutton, SM2 7AYFlat 12, Horizon Court 3, Upper Mulgrave Road, Sutton, SM2 7AY
- Sold Feb 2021£560,000 | 3 Bed FlatFlat 4, Horizon Court 3, Upper Mulgrave Road, Sutton, SM2 7AYFlat 4, Horizon Court 3, Upper Mulgrave Road, Sutton, SM2 7AY
- Sold Sep 2019£465,000 | 3 Bed FlatFlat 1, Horizon Court 3, Upper Mulgrave Road, Sutton, SM2 7AYFlat 1, Horizon Court 3, Upper Mulgrave Road, Sutton, SM2 7AY
Nearby Postcodes
SM2 7AY is the 361st largest and the 294th most expensive postcode out of the 571 postcodes in the SM2 area.
- SM2 7BQ, Peaches Close, Cheam, Sutton, SM2SM2 7BQ6 Addresses|58 m away
- SM2 7BH, Old Barn Close, Cheam, Sutton, SM2SM2 7BH7 Addresses|89 m away
- SM2 7PU, The Lawns, Cheam, Sutton, SM2SM2 7PU3 Addresses|91 m away
- SM2 7AN, Station Approach, Cheam, Sutton, SM2SM2 7AN24 Addresses|92 m away
- SM2 7BJ, Peaches Close, Cheam, Sutton, SM2SM2 7BJ7 Addresses|94 m away
Property Types
- 1 period flat built between 1800 and 1911
- 19 modern flats built after 1980
- 3 early-century flats built between 1912 and 1935
- 1 other address of unknown type
- period flat (1)
- modern flat (19)
- early-century flat (3)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 21 properties.
- The most common rating is B.
- A (0)
- E (4)
- B (11)
- F (0)
- C (4)
- G (0)
- D (2)
- No EPC (3)
Top 3 Most Expensive Sales
- Sold Jun 2023£670,000 | 3 Bed Flat56A, Upper Mulgrave Road, Sutton, SM2 7AJ56A, Upper Mulgrave Road, Sutton, SM2 7AJ
- Sold Jun 2006£650,000 | 3 Bed FlatFlat 7, Horizon Court 3, Upper Mulgrave Road, Sutton, SM2 7AYFlat 7, Horizon Court 3, Upper Mulgrave Road, Sutton, SM2 7AY
- Sold Dec 2018£630,000 | 3 Bed Flat60A, Upper Mulgrave Road, Sutton, SM2 7AJ60A, Upper Mulgrave Road, Sutton, SM2 7AJ
Schools Nearby
- St Dunstan's Cheam CofE Primary School300 m away
- Cuddington Croft Primary School and Nursery600 m away
- Cheam Fields Primary Academy1.2 km away
- Nonsuch High School for Girls600 m away
- Cheam High School1.3 km away
- Overton Grange School1.3 km away
More reading links
Public Transport Nearby
The closest station to SM2 7AY is Cheam station, which is 100 metres away.
- Cheam|100 m away
- West Sutton|1.5 km away
- Belmont|1.6 km away
- Sutton (London)|1.7 km away
