SM5 2LE is a residential postcode situated on Mill Lane, Carshalton, SM5 with 21 addresses.
It ranks as the 320th largest and 16th most expensive of the 682 postcodes in the SM5 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 21 properties: 21 flats.
SM5 2LE is a residential postcode situated on Mill Lane, Carshalton, SM5 with 21 addresses.
It ranks as the 320th largest and 16th most expensive of the 682 postcodes in the SM5 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 21 properties: 21 flats.
Sale prices range from £219,822 for 2 bedroom leasehold flats (484 ft2) to £274,743 for 2 bedroom leasehold flats (742 ft2) .
Monthly rental prices range from £1,267 pcm for 2 bed flats to £1,547 pcm for 2 bed flats.
The gross rental yield is between 6.8% and 6.9%.
The average value per square foot is £433.
The last sale in SM5 2LE sold for £235,000 on 22nd November 2024. Since then prices are down an average of 1.7%.
The current average value in the postcode is £235,820.
The SM5 2LE Sales Market has increased by 6.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -0.3% | £235,820 |
| April 2025 | 0.3% | £236,544 |
| April 2024 | -2.5% | £235,855 |
| April 2023 | 1.8% | £241,861 |
| April 2022 | 3.3% | £237,638 |
| April 2021 | 1% | £230,091 |
| April 2020 | 2.8% | £227,796 |
| April 2019 | -1.1% | £221,663 |
| April 2018 | -2.3% | £224,045 |
| April 2017 | 3.4% | £229,245 |
| April 2016 | 14.5% | £221,685 |
| April 2015 | 14.2% | £193,660 |
| April 2014 | 10.6% | £169,532 |
| April 2013 | 6% | £153,314 |
| April 2012 | 3% | £144,576 |
| April 2011 | -0.3% | £140,317 |
| April 2010 | 8.4% | £140,751 |
| April 2009 | -16.1% | £129,797 |
| April 2008 | 5.4% | £154,645 |
| April 2007 | 0% | £146,763 |
The current average rental value in the postcode is £1,350.
The SM5 2LE Rental Market has increased by 26.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.1% | £1,350pcm |
| April 2025 | 2.1% | £1,309pcm |
| April 2024 | 7.6% | £1,282pcm |
| April 2023 | 9.3% | £1,192pcm |
| April 2022 | 5.4% | £1,091pcm |
| April 2021 | 0% | £1,035pcm |
| April 2020 | 2.8% | £1,035pcm |
| April 2019 | 1.6% | £1,007pcm |
| April 2018 | -2.5% | £991pcm |
| April 2017 | -4.6% | £1,016pcm |
| April 2016 | 8% | £1,065pcm |
| April 2015 | 8% | £987pcm |
| April 2014 | 4.8% | £913pcm |
| April 2013 | 3.7% | £872pcm |
| April 2012 | 5.4% | £841pcm |
| April 2011 | 3.8% | £798pcm |
| April 2010 | 2.2% | £769pcm |
| April 2009 | -4.2% | £752pcm |
| April 2008 | 5.4% | £786pcm |
| April 2007 | 0% | £745pcm |
The last sale was on 22nd November 2024 for £235,000 and since then the market in the area has decreased by 1.7%. The postcode has had a total of 3 sales since 1995.
SM5 2LE has seen 1 sale in the last three years and no sales in the last twelve months.
SM5 2LE is the 320th largest and the 16th most expensive postcode out of the 682 postcodes in the SM5 area.
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The closest station to SM5 2LE is Carshalton station which is 400 metres away.
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