Groveside Close - SM5 2ER
Key Postcode Insights
SM5 2ER is a residential postcode situated on Groveside Close, Carshalton, SM5 with 41 addresses.
It ranks as the 583rd largest and 430th most expensive of the 684 postcodes in the SM5 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 41 properties: 41 houses.
- Ave. Sale Price
- £497,735
- 10 Year change
- up 21.1%
- Ave. Rental Price
- £2,287pcm
- 10 Year change
- up 52.9%
- Ave. £ per ft²
- £603/ft²
- Ave. Gross Yield
- 5.5%/year/yr
Key Postcode Insights
SM5 2ER is a residential postcode situated on Groveside Close, Carshalton, SM5 with 41 addresses.
It ranks as the 583rd largest and 430th most expensive of the 684 postcodes in the SM5 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 41 properties: 41 houses.
- Ave. Sale Price
- £497,735
- 10 Year change
- up 21.1%
- Ave. Rental Price
- £2,287pcm
- 10 Year change
- up 52.9%
- Ave. £ per ft²
- £603/ft²
- Ave. Gross Yield
- 5.5%/year/yr
Explore Propertiesin SM5 2ER
- 37 Groveside Close
3 Bed Modern House
- 38 Groveside Close
3 Bed Modern House
- 39 Groveside Close
Unknown
- 40 Groveside Close
Unknown
- 41 Groveside Close
3 Bed Modern House
Sales Market Trends
The last sale in SM5 2ER sold for £545,000 on 1st August 2025. Since then prices are down an average of 1.0%.
The current average value in the postcode is £497,735.
The SM5 2ER Sales Market has increased by 21.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.4% | £497,735 |
| June 2025 | 1.2% | £504,815 |
| June 2024 | -2.2% | £498,680 |
| June 2023 | 1.4% | £509,702 |
| June 2022 | 8.8% | £502,775 |
| June 2021 | 5.6% | £462,289 |
| June 2020 | 3.8% | £437,569 |
| June 2019 | -0.9% | £421,519 |
| June 2018 | 0.4% | £425,437 |
| June 2017 | 3.1% | £423,664 |
| June 2016 | 14% | £411,109 |
| June 2015 | 11.4% | £360,572 |
| June 2014 | 15.6% | £323,633 |
| June 2013 | 6.3% | £280,067 |
| June 2012 | 3.6% | £263,493 |
| June 2011 | 0.1% | £254,358 |
| June 2010 | 13.9% | £254,142 |
| June 2009 | -13.8% | £223,091 |
| June 2008 | -0.5% | £258,769 |
| June 2007 | 0% | £260,156 |
Rental Market Trends
The current average rental value in the postcode is £2,287.
The SM5 2ER Rental Market has increased by 52.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4% | £2,287pcm |
| June 2025 | 3.2% | £2,198pcm |
| June 2024 | 4.9% | £2,130pcm |
| June 2023 | 12.9% | £2,031pcm |
| June 2022 | 10.9% | £1,799pcm |
| June 2021 | 4.6% | £1,622pcm |
| June 2020 | 4% | £1,551pcm |
| June 2019 | 2% | £1,491pcm |
| June 2018 | 0% | £1,462pcm |
| June 2017 | -2.3% | £1,462pcm |
| June 2016 | 6.2% | £1,496pcm |
| June 2015 | 6.2% | £1,409pcm |
| June 2014 | 7.7% | £1,327pcm |
| June 2013 | 3% | £1,232pcm |
| June 2012 | 6.2% | £1,197pcm |
| June 2011 | 4.9% | £1,127pcm |
| June 2010 | 8.3% | £1,075pcm |
| June 2009 | -5.4% | £992pcm |
| June 2008 | 3.7% | £1,049pcm |
| June 2007 | 0% | £1,011pcm |
Sales History
The last sale was on 1st August 2025 for £545,000 and since then the market in the area has decreased by 1.0%. The postcode has had a total of 65 sales since 1995.
SM5 2ER has seen 4 sales in the last three years and 1 sale in the last twelve months.
- Sold Aug 2025£545,000 | 3 Bed House64, Groveside Close, Carshalton, SM5 2ER64, Groveside Close, Carshalton, SM5 2ER
- Sold Jul 2025£545,000 | 3 Bed House77, Groveside Close, Carshalton, SM5 2ER77, Groveside Close, Carshalton, SM5 2ER
- Sold Jun 2024£550,000 | 3 Bed House41, Groveside Close, Carshalton, SM5 2ER41, Groveside Close, Carshalton, SM5 2ER
- Sold Feb 2023£518,000 | 3 Bed House38, Groveside Close, Carshalton, SM5 2ER38, Groveside Close, Carshalton, SM5 2ER
- Sold Sep 2021£533,100 | 3 Bed House54, Groveside Close, Carshalton, SM5 2ER54, Groveside Close, Carshalton, SM5 2ER
Nearby Postcodes
SM5 2ER is the 583rd largest and the 430th most expensive postcode out of the 684 postcodes in the SM5 area.
- SM5 1RN, Winchcombe Road, Carshalton, SM5SM5 1RN63 Addresses|55 m away
- SM5 2ET, Groveside Close, Carshalton, SM5SM5 2ET20 Addresses|60 m away
- SM5 2EQ, Groveside Close, Carshalton, SM5SM5 2EQ36 Addresses|105 m away
- SM5 2SW, Green Wrythe Crescent, Carshalton, SM5SM5 2SW30 Addresses|108 m away
- SM5 1RR, Winchcombe Road, Carshalton, SM5SM5 1RR44 Addresses|121 m away
Property Types
- 26 modern houses built after 1980
- 1 mid-century house built between 1936 and 1979
- 14 other addresses of unknown type
- modern house (26)
- mid-century house (1)
- Unknown (14)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 27 properties.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (8)
- G (0)
- D (19)
- No EPC (14)
Top 3 Most Expensive Sales
- Sold Jun 2021£630,000 | 3 Bed House85, Groveside Close, Carshalton, SM5 2ET85, Groveside Close, Carshalton, SM5 2ET
- Sold Jun 2024£550,000 | 3 Bed House41, Groveside Close, Carshalton, SM5 2ER41, Groveside Close, Carshalton, SM5 2ER
- Sold Jul 2025£545,000 | 3 Bed House77, Groveside Close, Carshalton, SM5 2ER77, Groveside Close, Carshalton, SM5 2ER
Schools Nearby
- Muschamp Primary School and Language Opportunity Base200 m away
- Rushy Meadow Primary Academy500 m away
- Tweeddale Primary School800 m away
- Carshalton Boys Sports College200 m away
- Greenshaw High School800 m away
- Carshalton High School for Girls1.0 km away
More reading links
Public Transport Nearby
The closest station to SM5 2ER is Carshalton station, which is 1.2 kilometres away.
- Carshalton|1.2 km away
- Hackbridge|1.3 km away
- Sutton Common|1.7 km away
- Mitcham Junction|1.9 km away