Residential dwellings
13,470
Addressable residential units in the area (OS AddressBase).
SM2 rents and yields
Asking rent £1,819/month · Gross yield 5.5% · 12 months, listings to Sep 2026
What is SM2?
SM2: residential dwellings 13,470.
HMO-shaped dwellings
2.1%
SM2 ranks 2nd of 5 neighbouring postcode districts for HMO-shaped dwellings.
Share of dwellings OS AddressBase classifies RH01/RH02/RH03: laid out as a house in multiple occupation. A statement about built form, not about a licence.
- Buildings
- 7,169
- Mixed-use buildings
- 1.2%
- HMO-shaped units
- 1.9%
- EPC A or B
- 7.0%
- EPC D or worse
- 46%
What does SM2 earn?
SM2: asking rent £1,819/month (12 months to Sep 2026, 378 lets).
Asking rent
£1,819/month 12 months to Sep 2026
378 lets
Median asking rent per calendar month of residential lettings in the month, from portal listings. Asking, not achieved. 12-month figure: the monthly medians weighted by their sample, 12 months to Sep 2026, 378 lets.
Gross yield, asking basis
5.5% 12 months to Sep 2026
818 lets
+2.8% on the previous 12 months.
Cell asking rent × 12 over the same cell's asking sale price, before costs, voids and finance (cells with fewer than 5 dated listings are not built). 12-month figure: the monthly medians weighted by their sample, 12 months to Sep 2026, 818 lets.
Sample is the dated lettings behind the latest month's rent cell.
Homes to rent
213 on 10 Nov 2026
Count of live residential lettings on the day, from portal listings; observed forwards from 5 Sep 2026. The count on 10 Nov 2026; the daily series began on 5 Sep 2026, so no change over a year is stated.
How does SM2 vary by home size?
Asking rent in SM2 runs from £1,345/month for 1 bedroom to £2,868/month for 4 bedrooms.
| Homes | Asking rent | Window | Change | Listings |
|---|---|---|---|---|
| 1 bedroom | £1,345/month | 12 months to Sep 2026 | +1.3% on the previous 12 months | 210 |
| 2 bedrooms | £1,721/month | 12 months to Sep 2026 | +2.1% on the previous 12 months | 376 |
| 3 bedrooms | £2,444/month | 12 months to Sep 2026 · 7 of 12 months observed | — | 52 |
| 4 bedrooms | £2,868/month | 12 months to Jul 2026 · 7 of 12 months observed | — | 41 |
| 5+ bedrooms | Not published | — | — | — |
Asking rent per calendar month by bedroom band: the monthly medians of lettings that came to market, weighted by their dated listings, within the last 12 calendar months, from portal listings. A band with fewer than 30 dated listings in the year is not published.
Who owns SM2?
Corporate landlords hold 71% of the 295 units in SM2 whose freeholder is classified; 98% of all units are not yet classified.
- Corporate landlords71% of classified · 210 units
- Individuals (not traceable in bulk)18% of classified · 52 units
- RMC8.8% of classified · 26 units
- Housing associations2.0% of classified · 6 units
- RTM0.3% of classified · 1 units
Freeholder class per addressable unit, from HM Land Registry CCOD/OCOD matched to the title and Companies House. Individuals are counted, never itemised.
Where does SM2 rank?
SM2 ranks 3rd of 5 postcode districts in Sutton for asking rent, at £1,819/month.
Asking rent · postcode districts in Sutton
SM2 ranks 3rd of 5 postcode districts in Sutton for asking rent, at £1,819/month.
| # | Area | Asking rent | Period | Sample | Tier |
|---|---|---|---|---|---|
| 1 | SM3 | £2,037/month | 12 months to Sep 2026 · from monthly figures | 164 | measured |
| 2 | SM5 | £1,983/month | 12 months to Sep 2026 · from monthly figures | 238 | measured |
| 3 | SM2 | £1,819/month | 12 months to Sep 2026 · from monthly figures | 378 | measured |
| 4 | SM1 | £1,789/month | 12 months to Sep 2026 · from monthly figures | 544 | measured |
| 5 | SM6 | £1,587/month | 12 months to Sep 2026 · from monthly figures | 346 | measured |
Gross yield, asking basis · postcode districts in Sutton
SM2 ranks 2nd of 5 postcode districts in Sutton for gross yield, asking basis, at 5.5%.
| # | Area | Gross yield, asking basis | Period | Sample | Tier |
|---|---|---|---|---|---|
| 1 | SM1 | 6.7% | 12 months to Sep 2026 · from monthly figures | 3,014 | measured |
| 2 | SM2 | 5.5% | 12 months to Sep 2026 · from monthly figures | 818 | measured |
| 3 | SM3 | 4.6% | 12 months to Sep 2026 · from monthly figures | 319 | measured |
| 4 | SM6 | 4.5% | 12 months to Sep 2026 · from monthly figures | 704 | measured |
| 5 | SM5 | 4.4% | 12 months to Sep 2026 · from monthly figures | 507 | measured |
Full table: gross yield, asking basis across postcode districts in Sutton
Where next from SM2?
- SuttonThe wider market this area sits in.
- SM1Neighbouring postcode district · Asking £5,244/m² · Sep 2026
- SM3Neighbouring postcode district · Asking £6,258/m² · Sep 2026
- SM5Neighbouring postcode district · Asking £6,112/m² · Sep 2026
- SM6Neighbouring postcode district · Asking £5,200/m² · Sep 2026
- KT17Next door, in another authority · Asking £6,018/m² · Sep 2026
- SM7Next door, in another authority · Asking £5,511/m² · Sep 2026
- KT19Next door, in another authority · Asking £6,771/m² · Sep 2026
- KT4Next door, in another authority · Asking £6,743/m² · Sep 2026
- CR5Next door, in another authority · Asking £5,283/m² · Sep 2026
Questions about SM2
- What is the average rent in SM2?
- Homes to let in SM2 asked a median £1,819/month over the 12 months to Sep 2026, 378 lets. Asking rent, not the rent agreed.
- What is the gross rental yield in SM2?
- 5.5% on the asking basis: the asking rent times twelve over the asking sale price in the same listing cell, before costs, voids and finance, over the 12 months to Sep 2026, 818 lets. +2.8% on the previous 12 months.
- What kind of homes are in SM2?
- SM2 has 13,470 homes, 2.1% laid out as houses in multiple occupation.
Construction costs Context for residential research
Sector and regional evidence. These figures are not a quote for an individual property.
Reading the cost index and the regional factors…
Everything else about SM2
- Property values in SM2Every addressable home with its floor area, tenure and last recorded sale.
- Land and development sites in SM2Registered land with its area, tenure and what stands on it.
- Houses and flats for sale in SM2What is on the market right now, with the evidence beside each asking price.
- Flats and houses to rent in SM2What is available to rent, with the recorded rent and yield beside each asking price.
- Sold house prices in SM2Registered completions from Price Paid, newest first.
- Planning applications in SM2What was proposed, who decided it and whether it was approved.
- Estate agents in SM2Who actually lists here, ranked by volume over 12 months.
Where these figures come from
| Figure | Dataset | Window | Latest | Sample |
|---|---|---|---|---|
| Residential dwellings | HM Land Registry Price Paid and the address register, 12-month rollup | Latest published | — | — |
| HMO-shaped dwellings | HM Land Registry Price Paid and the address register, 12-month rollup | Latest published | — | — |
| Asking rent | MarketCode market evidence | 12 months to Sep 2026 | Sep 2026 | 378 lets |
| Gross yield, asking basis | MarketCode market evidence | 12 months to Sep 2026 | Sep 2026 | 818 lets |
| Homes to rent | Portal listings; observed forwards from 5 Sep 2026 | on 10 Nov 2026 | 10 Nov 2026 | — |