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Cheam House Prices

The average house price in Cheam is £765,333 using HM Land Registry data.

The average property price decreased by £21,651 (-3.43%) over the last 5 years and decreased by £4,328 (-0.71%) over the last 12 months.

Over the last year, there were 246 residential property sales – a decrease of 98 transactions (-39.84%) relative to the previous year. The majority of house sales (86) were in the £474,000 - £588,000 range. Then came properties in the £588,000 - £702,000 range, where 49 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 59 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-15,162 (-2%).

In Aug 2026, there were 46 new estate agency instructions, 25 agreed home sales and 28 property price reductions.

5-Year Average Property Prices in Cheam

-3.43%

Property prices in Cheam decreased by -3.43% 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 Cheam Over the Last Year

-0.71%

Property prices in Cheam decreased by -0.71% 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.

Property Market Heat Gauge for Cheam - Aug 2026

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 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in 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 Cheam

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 Cheam

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 Cheam

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 Cheam since 1995

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

Recent Property Sales in Cheam

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
12 Gilhams Avenue, Banstead, SM7 1QR	£1,000,000	£1,000,000	£0	17 Oct 2025	20 Jul 2026	276 Days
40 Burnham Drive, Worcester Park, KT4 8SF	£700,000	£682,000	-£18,000	28 Oct 2025	17 Jul 2026	262 Days
101 Clarkes Avenue, Worcester Park, KT4 8QB	£475,000	£472,000	-£3,000	11 Mar 2026	06 Jul 2026	117 Days
44 Higher Drive, Banstead, SM7 1PF	£1,700,000	£1,700,000	£0	08 Apr 2026	03 Jul 2026	86 Days
14 Fieldsend Road, Cheam, SM3 8NR	£550,000	£540,000	-£10,000	29 Jan 2026	29 Jun 2026	151 Days
54 Sandy Lane, Cheam, SM2 7EN	£950,000	£922,500	-£27,500	22 Jan 2026	26 Jun 2026	155 Days
75 Langley Avenue, Worcester Park, KT4 8PD	£600,000	£595,000	-£5,000	12 Mar 2026	19 Jun 2026	99 Days
138 Malden Road, Sutton, SM3 8RA	£500,000	£465,000	-£35,000	20 Mar 2026	15 Jun 2026	87 Days
Flat 12, 40a Eton Court, The Broadway, Sutton, SM3 8BD	£350,000	£350,000	£0	21 May 2026	05 Jun 2026	15 Days
238 Sutton Common Road, Sutton, SM3 9PW	£550,000	£550,000	£0	13 Jun 2025	04 Jun 2026	356 Days
133 Malden Road, Sutton, SM3 8QY	£525,000	£518,000	-£7,000	11 Oct 2025	26 May 2026	227 Days
15a, Warren Avenue, Cheam, SM2 7QL	£1,480,500	£1,435,000	-£45,500	29 Oct 2025	22 May 2026	205 Days
24 Chatsworth Road, Sutton, SM3 8PN	£549,950	£544,950	-£5,000	06 Jan 2026	22 May 2026	136 Days
91 Church Hill Road, Sutton, SM3 8LL	£650,000	£645,000	-£5,000	24 Mar 2026	15 May 2026	52 Days
14 Hambleton Close, Worcester Park, KT4 8JL	£425,000	£420,000	-£5,000	26 Dec 2025	12 May 2026	137 Days
4 Dorking Close, Worcester Park, KT4 8NN	£550,000	£540,000	-£10,000	10 Jul 2025	08 May 2026	302 Days
22 Walton Avenue, Sutton, SM3 9UB	£575,000	£572,000	-£3,000	26 Dec 2025	07 May 2026	132 Days
57 Ash Road, Sutton, SM3 9LA	£675,000	£675,000	£0	16 Jan 2026	01 May 2026	105 Days
6 Priory Court, Priory Road, Sutton, SM3 8LW	£350,000	£320,000	-£30,000	29 Jul 2025	01 May 2026	276 Days
18 Carlton Crescent, Cheam, SM3 9TS	£575,000	£575,000	£0	06 Oct 2025	01 May 2026	207 Days

Most Expensive Streets in Cheam

Postcode	Street	Area	Average	No. of Sales
SM2 7EZ	Golf Side	Cheam	£3,116,666	3
SM2 7HA	Golf Side	Sutton	£2,633,333	3
SM2 7EH	Downs Side	Cheam	£1,820,000	3
SM2 7DZ	High View	Cheam	£1,805,500	4
SM2 7QS	Shirley Avenue	Cheam	£1,695,666	3
SM2 7DU	Wilbury Avenue	Sutton	£1,668,333	3
SM7 1PF	Higher Drive	Banstead	£1,650,000	4
SM2 7ES	Sandy Lane	Sutton	£1,538,750	4
SM7 1PL	Higher Drive	Banstead	£1,495,250	4
SM2 7ED	Onslow Avenue	Sutton	£1,480,000	4

Least Expensive Streets in Cheam

Postcode	Street	Area	Average	No. of Sales
SM2 7AZ	Royal Crest House	Upper Mulgrave Road	£196,625	8
SM3 9BJ	London Road	Sutton	£198,500	4
SM3 9AA	London Road	Sutton	£205,714	7
KT4 8HE	Cotswold Way	Worcester Park	£226,500	4
SM3 9AE	London Road	Sutton	£229,333	3
SM2 7BW	Frobisher Court	Station Approach	£241,500	4
KT4 8HD	Cotswold Way	Worcester Park	£250,833	9
KT4 8QF	Carters Close	Worcester Park	£251,187	8
SM3 9BN	London Road	Sutton	£254,829	15
KT4 8RT	Packham Court	Farm Way	£265,333	3