SM6 7LE is a residential postcode situated on The Elms, Wallington, SM6 with 6 addresses.
It ranks as the 71st largest and 21st most expensive of the 712 postcodes in the SM6 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 6 properties: 6 flats.
SM6 7LE is a residential postcode situated on The Elms, Wallington, SM6 with 6 addresses.
It ranks as the 71st largest and 21st most expensive of the 712 postcodes in the SM6 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 6 properties: 6 flats.
Sale prices range from £191,802 for 2 bedroom leasehold flats (635 ft2) to £212,419 for 2 bedroom leasehold flats (775 ft2) .
Monthly rental prices range from £1,090 pcm for 2 bed flats to £1,192 pcm for 2 bed flats.
The gross rental yield is between 6.7% and 6.8%.
The average value per square foot is £276.
The last sale in SM6 7LE sold for £295,000 on 17th March 2021. Since then prices are up an average of 66.1%.
The current average value in the postcode is £207,716.
The SM6 7LE Sales Market has increased by 3.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -0.6% | £207,716 |
| April 2025 | 0.8% | £209,067 |
| April 2024 | -2.5% | £207,456 |
| April 2023 | 1.9% | £212,808 |
| April 2022 | 1.6% | £208,779 |
| April 2021 | 0.8% | £205,504 |
| April 2020 | 1.7% | £203,898 |
| April 2019 | -0.7% | £200,516 |
| April 2018 | -2.3% | £201,964 |
| April 2017 | 2.9% | £206,647 |
| April 2016 | 14.3% | £200,726 |
| April 2015 | 14.2% | £175,635 |
| April 2014 | 11.2% | £153,786 |
| April 2013 | 5.8% | £138,337 |
| April 2012 | 2.8% | £130,800 |
| April 2011 | -0.6% | £127,224 |
| April 2010 | 8% | £127,956 |
| April 2009 | -15.2% | £118,485 |
| April 2008 | 4% | £139,745 |
| April 2007 | 0% | £134,364 |
The current average rental value in the postcode is £1,169.
The SM6 7LE Rental Market has increased by 27.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.3% | £1,169pcm |
| April 2025 | 2.6% | £1,132pcm |
| April 2024 | 7.3% | £1,103pcm |
| April 2023 | 9.3% | £1,028pcm |
| April 2022 | 5.3% | £940pcm |
| April 2021 | -0.2% | £893pcm |
| April 2020 | 3.1% | £895pcm |
| April 2019 | 1.5% | £868pcm |
| April 2018 | -2.6% | £855pcm |
| April 2017 | -4.6% | £878pcm |
| April 2016 | 8% | £920pcm |
| April 2015 | 8.1% | £852pcm |
| April 2014 | 4.9% | £788pcm |
| April 2013 | 3.6% | £751pcm |
| April 2012 | 5.1% | £725pcm |
| April 2011 | 3.8% | £690pcm |
| April 2010 | 2.1% | £665pcm |
| April 2009 | -4.1% | £651pcm |
| April 2008 | 5.5% | £680pcm |
| April 2007 | 0% | £644pcm |
The last sale was on 17th March 2021 for £295,000 and since then the market in the area has increased by 66.1%. The postcode has had a total of 7 sales since 1995.
SM6 7LE has seen no sales in the last three years and no sales in the last twelve months.
SM6 7LE is the 71st largest and the 21st most expensive postcode out of the 712 postcodes in the SM6 area.
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The closest station to SM6 7LE is Wallington station which is 1.0 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around SM6 7LE, 35.4% of property is privately owned with a mortgage and 32.3% is privately owned outright.
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 SM6 7LE, 19.6% of residents are recorded as possessing school level qualifications and 42.9% 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 SM6 7LE, the average age was 38.8 and the most common age was 37.
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 SM6 7LE, 1.2% 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 SM6 7LE, there are an average of 1.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.