Sutton House Prices Sutton House Prices

The average house price in Sutton is £420,588 using HM Land Registry data.

The average property price increased by £75,820 (19.06%) over the last 5 years and increased by £15,157 (3.31%) over the last 12 months.

Over the last year, there were 573 residential property sales – a decrease of 301 transactions (-52.53%) relative to the previous year. The majority of house sales (155) were in the £230,000 - £330,000 range. Then came properties in the £330,000 - £430,000 range, where 114 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 74 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-17,445 (-2%).

In June 2024, there were 131 new estate agency instructions, 137 agreed home sales and 73 property price reductions.

5-Year Average Property Prices in Sutton

19.06%

Property prices in Sutton increased by 19.06% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in Sutton Over the Last Year

3.31%

Property prices in Sutton increased by 3.31% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for Sutton - June 2024

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in Sutton

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in Sutton

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in Sutton

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the Sutton since 1995

Using HM Land Registry data, this chart displays average annual house prices in the Sutton area since 1995.

Recent Property Sales in Sutton

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
Flat 15, Tranmere Court, Langley Park Road, Sutton, Greater London, SM2 5HE£350,000£345,000-£5,00009 Jan 202413 May 2024125 Days
10 Vernon Road, Sutton, Greater London, SM1 4QX£400,000£384,000-£16,00007 Sep 202330 Apr 2024236 Days
47 Chiltern Road, Sutton, Greater London, SM2 5QU£950,000£939,000-£11,00008 Jan 202423 Apr 2024106 Days
32 Alexandra Avenue, Sutton, Greater London, SM1 2NZ£600,000£592,000-£8,00026 Dec 202319 Apr 2024115 Days
66 Chipstead Close, Sutton, Greater London, SM2 6BF£280,000£275,000-£5,00028 Feb 202319 Apr 2024416 Days
1 Rosewood, Sutton, Greater London, SM2 5DF£700,000£690,000-£10,00025 Sep 202319 Apr 2024207 Days
48 Greyhound Road, Sutton, Greater London, SM1 4BE£275,000£270,000-£5,00004 Dec 202312 Apr 2024130 Days
34 All Saints Road, Sutton, Greater London, SM1 3DH£850,000£828,000-£22,00017 Nov 202304 Apr 2024139 Days
16 Osborne Place, Sutton, Greater London, SM1 4RJ£365,000£345,000-£20,00020 Oct 202303 Apr 2024166 Days
149 Mulgrave Road, Cheam, Sutton, Greater London, SM2 6JX£675,000£675,000£0002 Nov 202303 Apr 2024153 Days
259 Collingwood Road, Sutton, Greater London, SM1 2LX£695,000£695,000£0016 Nov 202328 Mar 2024133 Days
10 Sunnyhurst Close, Sutton, Greater London, SM1 2PT£290,000£285,000-£5,00021 Nov 202327 Mar 2024127 Days
70b, Grange Road, Sutton, Greater London, SM2 6SN£550,000£540,999-£9,00114 Mar 202415 Mar 20241 Days
89 Thicket Road, Sutton, Greater London, SM1 4PX£530,000£525,000-£5,00014 Nov 202308 Mar 2024115 Days
6 Marlborough Road, Sutton, Greater London, SM1 2PF£600,000£600,000£0023 Sep 202323 Feb 2024153 Days
9 Cudham Close, Belmont, Sutton, Greater London, SM2 6EG£450,000£420,000-£30,00026 Dec 202321 Feb 202457 Days
2 Landseer Road, Sutton, Greater London, SM1 2DE£1,225,000£1,100,000-£125,00012 Sep 202316 Feb 2024157 Days
63 Worcester Road, Sutton, Greater London, SM2 6ND£475,000£463,000-£12,00023 Oct 202331 Jan 2024100 Days
3 Chelmsford Close, Sutton, Greater London, SM2 5BG£525,000£525,000£0024 Mar 202329 Jan 2024311 Days
18 Elgin Road, Sutton, Greater London, SM1 3SN£625,000£620,000-£5,00007 Jul 202326 Jan 2024203 Days

Most Expensive Streets in Sutton

PostcodeStreetAreaAverageNo. of Sales
SM2 5QSThe HighwaySutton£1,886,2504
SM2 5RSThe CausewaySutton£1,878,7805
SM2 5RPHeath DriveSutton£1,346,2504
SM2 5QTThe HighwaySutton£1,334,6505
SM2 6DUCornwall RoadSutton£1,246,5006
SM2 5RLThe DownswaySutton£1,236,5005
SM2 5SAThe GallopSutton£1,214,1666
SM2 5RYThe GallopSutton£1,065,0008
SM2 5JUThe RidgwaySutton£1,060,11010
SM2 5QUChiltern RoadSutton£1,057,2504

Least Expensive Streets in Sutton

PostcodeStreetAreaAverageNo. of Sales
SM1 1SDCrown RoadSutton£135,7005
SM2 5LPForest Dene CourtCedar Road£136,00023
SM1 4QNThicket RoadSutton£144,10015
SM2 6DFStation RoadSutton£148,2504
SM2 6AXSwift CourtWestmoreland Drive£153,6663
SM1 4JJTurnpike LaneSutton£158,3333
SM2 6DHPatricia GardensSutton£172,89510
SM2 5GNCavendish RoadSutton£192,1258
SM2 6BQQueens RoadSutton£198,5009
SM1 4EGBurnell RoadSutton£198,6666

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