Upper Mulgrave Road - SM2 7AZ
Key Postcode Insights
SM2 7AZ is a residential postcode situated on Upper Mulgrave Road, Cheam, Sutton, SM2 with 44 addresses.
It ranks as the 505th largest and 73rd most expensive of the 571 postcodes in the SM2 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 44 properties: 1 house, 42 flats and 1 other property.
- Ave. Sale Price
- £294,387
- 10 Year change
- up 1.5%
- Ave. Rental Price
- £1,640pcm
- 10 Year change
- up 33.5%
- Ave. £ per ft²
- £454/ft²
- Ave. Gross Yield
- 6.7%/year/yr
Key Postcode Insights
SM2 7AZ is a residential postcode situated on Upper Mulgrave Road, Cheam, Sutton, SM2 with 44 addresses.
It ranks as the 505th largest and 73rd most expensive of the 571 postcodes in the SM2 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 44 properties: 1 house, 42 flats and 1 other property.
- Ave. Sale Price
- £294,387
- 10 Year change
- up 1.5%
- Ave. Rental Price
- £1,640pcm
- 10 Year change
- up 33.5%
- Ave. £ per ft²
- £454/ft²
- Ave. Gross Yield
- 6.7%/year/yr
Explore Properties in SM2 7AZ
- Royal Crest House
Mid-century Building | 20 Units
- 2A Upper Mulgrave Road
4 Bed Mid-century House
- 4 Upper Mulgrave Road
Building  |  2 Flats
- 4B Upper Mulgrave Road
Building  |  2 Flats
Sales Market Trends
The last sale in SM2 7AZ sold for £168,000 on 18th August 2025. Since then prices are down an average of 1.2%.
The current average value in the postcode is £294,387.
The SM2 7AZ Sales Market has increased by 1.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.9% | £294,387 |
| June 2025 | -1% | £297,116 |
| June 2024 | -0.8% | £299,977 |
| June 2023 | -2.2% | £302,475 |
| June 2022 | 5.4% | £309,169 |
| June 2021 | 2.9% | £293,410 |
| June 2020 | 2.3% | £285,125 |
| June 2019 | -1.5% | £278,804 |
| June 2018 | -3.7% | £283,191 |
| June 2017 | 1.4% | £293,973 |
| June 2016 | 12.3% | £290,023 |
| June 2015 | 8.1% | £258,168 |
| June 2014 | 15.3% | £238,877 |
| June 2013 | 6.5% | £207,197 |
| June 2012 | 2.1% | £194,475 |
| June 2011 | -0.4% | £190,512 |
| June 2010 | 10% | £191,237 |
| June 2009 | -14% | £173,912 |
| June 2008 | -1.8% | £202,214 |
| June 2007 | 0% | £205,927 |
Rental Market Trends
The current average rental value in the postcode is £1,640.
The SM2 7AZ Rental Market has increased by 33.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.2% | £1,640pcm |
| June 2025 | 1% | £1,588pcm |
| June 2024 | 6.3% | £1,572pcm |
| June 2023 | 12.1% | £1,479pcm |
| June 2022 | 6.8% | £1,319pcm |
| June 2021 | 1.4% | £1,236pcm |
| June 2020 | 2% | £1,219pcm |
| June 2019 | 3.7% | £1,196pcm |
| June 2018 | -1.1% | £1,153pcm |
| June 2017 | -5.2% | £1,165pcm |
| June 2016 | 5.2% | £1,229pcm |
| June 2015 | 7.5% | £1,168pcm |
| June 2014 | 5.6% | £1,087pcm |
| June 2013 | 3% | £1,029pcm |
| June 2012 | 5.2% | £999pcm |
| June 2011 | 4.6% | £949pcm |
| June 2010 | 3.7% | £908pcm |
| June 2009 | -6.7% | £875pcm |
| June 2008 | 5.9% | £938pcm |
| June 2007 | 0% | £885pcm |
Sales History
The last recorded sale was on 18th August 2025 for £168,000 and since then the market in the area has decreased by 1.2%.
SM2 7AZ has had 3 sales since 1995, with 3 in the last three years and 1 in the last twelve months.
- Sold Aug 2025£168,000 | 1 Bed FlatFlat 2, Royal Crest House 22-26, Upper Mulgrave Road, Sutton, SM2 7AZFlat 2, Royal Crest House 22-26, Upper Mulgrave Road, Sutton, SM2 7AZ
- Sold Dec 2024£257,000 | 2 Bed FlatFlat 3B, Royal Crest House 22-26, Upper Mulgrave Road, Sutton, SM2 7AZFlat 3B, Royal Crest House 22-26, Upper Mulgrave Road, Sutton, SM2 7AZ
- Sold Sep 2024£180,000 | 1 Bed FlatFlat 7, Royal Crest House 22-26, Upper Mulgrave Road, Sutton, SM2 7AZFlat 7, Royal Crest House 22-26, Upper Mulgrave Road, Sutton, SM2 7AZ
Nearby Postcodes
SM2 7AZ is the 505th largest and the 73rd most expensive postcode out of the 571 postcodes in the SM2 area.
- SM2 7PU, The Lawns, Cheam, Sutton, SM2SM2 7PU3 Addresses|62 m away
- SM2 7AN, Station Approach, Cheam, Sutton, SM2SM2 7AN24 Addresses|73 m away
- SM2 7BP, Station Approach, Cheam, Sutton, SM2SM2 7BP24 Addresses|79 m away
- SM2 7AL, Champneys Close, Cheam, Sutton, SM2SM2 7AL12 Addresses|86 m away
- SM2 7AY, Upper Mulgrave Road, Cheam, Sutton, SM2SM2 7AY24 Addresses|100 m away
Property Types
- 6 period flats built between 1800 and 1911
- 4 modern flats built after 1980
- 1 mid-century house built between 1936 and 1979
- 24 mid-century flats built between 1936 and 1979
- 8 early-century flats built between 1912 and 1935
- 1 other address of unknown type
- period flat (6)
- modern flat (4)
- mid-century house (1)
- mid-century flat (24)
- early-century flat (8)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 35 properties.
- The most common rating is C.
- A (0)
- E (10)
- B (0)
- F (1)
- C (15)
- G (0)
- D (9)
- No EPC (9)
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 School400 m away
- Cuddington Croft Primary School and Nursery600 m away
- Avenue Primary Academy1.1 km away
- Nonsuch High School for Girls700 m away
- Overton Grange School1.3 km away
- Cheam High School1.3 km away
More reading links
Public Transport Nearby
The closest station to SM2 7AZ is Cheam station, which is 100 metres away.
- Cheam|100 m away
- West Sutton|1.4 km away
- Belmont|1.6 km away
- Sutton (London)|1.7 km away
