marketcodeSold price per m²
£5,949/m² 12 months to Mar 2026
174 sales
+2.5% over the year to Dec 2025 by the house price index, which follows the same homes over time.
Postcode district
SM3 property market
Sold £5,949/m² · Median sold £540,793 (174 sales) · Index +2.5% y/y · Turnover 2.7% · 12 months, sales to Mar 2026, listings to Aug 2026
What is SM3?
- Buildings
- 645
- Mixed-use buildings
- 3.0%
- HMO-shaped units
- 2.9%
What does SM3 cost?
SM3: sold price per m² £5,949/m² (12 months to Mar 2026, 174 sales). +2.5% over the year to Dec 2025 by the house price index, which follows the same homes over time.
Sold price
£540,793 12 months to Mar 2026
174 sales
+2.5% over the year to Dec 2025 by the house price index, which follows the same homes over time.
Sample is the matched completed sales behind the latest month. A month in which this cohort recorded no sale of its own carries the parent area's price rather than a measurement, and is not published with no sample.
Asking price
£524,804 12 months to Aug 2026
591 listings
+1.2% on the previous 12 months.
Sample is the dated listings that came to market in the latest month (added and reduced cohorts).
Settled months to Dec 2025; the dashed tail is the pipeline's projection of the index 12 months ahead, inside its 80% band. A projection of the index, not a forecast of any home's price.
ObservedForecast with intervalIndex points, not property prices
What does SM3 earn?
SM3: asking rent £2,047 a month (12 months to Jul 2026, 188 lets).
Asking rent
£2,047 a month 12 months to Jul 2026
188 lets
Gross yield, asking basis
4.6% 12 months to Aug 2026
325 lets
+5.6% on the previous 12 months.
Sample is the dated lettings behind the latest month's rent cell.
How does SM3 vary by home size?
Asking price in SM3 runs from £258,665 for 1 bedroom to £671,207 for 4 bedrooms.
| Homes | Asking price | Window | Change | Listings |
|---|---|---|---|---|
| 1 bedroom | £258,665 | 12 months to Aug 2026 | — | 133 |
| 2 bedrooms | £375,975 | 12 months to Aug 2026 | -3.5% on the previous 12 months | 159 |
| 3 bedrooms | £556,113 | 12 months to Aug 2026 | -2.1% on the previous 12 months | 239 |
| 4 bedrooms | £671,207 | 12 months to Aug 2026 | +2.9% on the previous 12 months | 116 |
| 5+ bedrooms | Not published | — | — | — |
Asking price by bedroom band: the monthly medians of sale listings that came to market, weighted by their dated listings, over the last 12 observed months, from portal listings. A band with fewer than 30 dated listings in the year is not published.
How liquid is SM3?
SM3: turnover 2.7% (12 months to Dec 2025, 237 sales). +19.7% on the previous 12 months.
Turnover
2.7% 12 months to Dec 2025
237 sales
+19.7% on the previous 12 months.
Sample is the matched completed sales behind the latest month. A month in which this cohort recorded no sale of its own has a rate of zero by arithmetic rather than a measured rate, and is not published with no sample.
Completed sales
292 12 months to Jan 2026
292 sales
+21.2% on the previous 12 months.
Sample is the registry count itself; months within six months of the last ingest are still filling.
Listings for sale
324 12 months to Jul 2026
324 listings
Who is active in SM3?
21 agents listed homes for sale in SM3; the three largest took 31% of the listings.
- Agents active
- 21
- Top three agents’ share
- 31%
- New homes among listings
- 0.0%
days_to_completion is on the registry-matched subset (sold_matched_n), not a sell-through rate.
Who owns SM3?
Corporate landlords hold 81% of the 225 units in SM3 whose freeholder is classified; 98% of all units are not yet classified.
- Corporate landlords81% of classified · 183 units
- Individuals (not traceable in bulk)11% of classified · 25 units
- Housing associations5.3% of classified · 12 units
- RMC2.2% of classified · 5 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 SM3 rank?
SM3 ranks 1st of 5 postcode districts in Sutton for sold price per m², at £5,949/m².
Sold price per m² · postcode districts in Sutton
SM3 ranks 1st of 5 postcode districts in Sutton for sold price per m², at £5,949/m².
| # | Area | Sold price per m² | Sample | Tier |
|---|---|---|---|---|
| 1 | SM3 | £5,949/m² | 174 | measured |
| 2 | SM5 | £5,808/m² | 302 | measured |
| 3 | SM1 | £5,590/m² | 338 | measured |
| 4 | SM2 | £5,380/m² | 246 | measured |
| 5 | SM6 | £5,353/m² | 283 | measured |
Full table: sold price per m² across postcode districts in Sutton →
Gross yield, asking basis · postcode districts in Sutton
SM3 ranks 4th of 5 postcode districts in Sutton for gross yield, asking basis, at 4.6%.
| # | Area | Gross yield, asking basis | Sample | Tier |
|---|---|---|---|---|
| 1 | SM1 | 6.6% | 3,237 | measured |
| 2 | SM2 | 5.5% | 833 | measured |
| 3 | SM6 | 4.7% | 626 | measured |
| 4 | SM3 | 4.6% | 325 | measured |
| 5 | SM5 | 4.6% | 439 | measured |
Full table: gross yield, asking basis across postcode districts in Sutton →
Turnover · postcode districts in Sutton
SM3 ranks 1st of 5 postcode districts in Sutton for turnover, at 2.7%.
Where next from SM3?
- SuttonThe wider market this area sits in.
- SM1Neighbouring postcode district · £5,658/m²
- SM2Neighbouring postcode district · £5,231/m²
- SM5Neighbouring postcode district · £6,239/m²
- SM6Neighbouring postcode district · £5,524/m²
- KT17Next door, in another authority · £7,283/m²
- KT4Next door, in another authority · £7,220/m²
- SM4Next door, in another authority · £5,824/m²
- KT19Next door, in another authority · £6,180/m²
- SW20Next door, in another authority · £8,036/m²
- SM7Next door, in another authority · £5,881/m²
Questions about SM3
- What is the median house price in SM3?
- Homes in SM3 sold for a median £540,793 over the 12 months to Mar 2026, 174 sales. Per square metre that is £5,949/m². Registered completions, not asking prices.
- How have house prices in SM3 changed?
- +2.5% over the year to Dec 2025 by the house price index, which follows the same homes over time.
- What is the average rent in SM3?
- Homes to let in SM3 asked a median £2,047 a month over the 12 months to Jul 2026, 188 lets. Asking rent, not the rent agreed.
- What is the gross rental yield in SM3?
- 4.6% 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 Aug 2026, 325 lets. +5.6% on the previous 12 months.
- How quickly do homes sell in SM3?
- 2.7% of the homes in SM3 changed hands over the 12 months to Dec 2025, 237 sales.
Everything else about SM3
- Properties in SM3Every addressable home with its floor area, tenure and last recorded sale.
- Buildings in SM3Footprints, heights and the units inside them.
- Land and plots in SM3Registered parcels with their area, tenure and what stands on them.
- Homes for sale in SM3What is on the market right now, with the evidence beside each asking price.
- Homes to rent in SM3What is available to rent, with the recorded rent and yield beside each asking price.
- Recent house sales in SM3Registered completions from Price Paid, newest first.
- Planning applications in SM3What was proposed, who decided it and whether it was approved.
- Estate agents active in SM3Who actually lists here, ranked by volume over 12 months.
Where these figures come from, and what is not published
| Figure | Dataset | Window | Latest | Sample |
|---|---|---|---|---|
| Sold price per m² | HM Land Registry Price Paid and portal listings, monthly rollup | 12 months to Mar 2026 | Mar 2026 | 174 sales |
| Sold price | HM Land Registry Price Paid and portal listings, monthly rollup | 12 months to Mar 2026 | Mar 2026 | 174 sales |
| Asking price | MarketCode market evidence | 12 months to Aug 2026 | Aug 2026 | 591 listings |
| Asking price per m² | the area_facts listing rollup | 12 months to Jul 2026 | Jul 2026 | 324 listings |
| Asking rent | MarketCode market evidence | 12 months to Jul 2026 | Jul 2026 | 188 lets |
| Gross yield, asking basis | MarketCode market evidence | 12 months to Aug 2026 | Aug 2026 | 325 lets |
| Turnover | MarketCode market evidence | 12 months to Dec 2025 | Dec 2025 | 237 sales |
| Completed sales | MarketCode market evidence | 12 months to Jan 2026 | Jan 2026 | 292 sales |
| Listings for sale | the area_facts listing rollup | 12 months to Jul 2026 | Jul 2026 | 324 listings |
| New listings | MarketCode market evidence | 12 months to Aug 2026 | Aug 2026 | 371 listings |
| Price reductions | MarketCode market evidence | 12 months to Aug 2026 | Aug 2026 | 220 listings |
| Live listings | MarketCode market evidence | on 20 Sep 2026 | 20 Sep 2026 | — |
- Asking to sold
- Only 2 observed months: the 12-month figure needs 6; the monthly line is drawn.
- Days to completion
- Only 2 observed months: the 12-month figure needs 6; the monthly line is drawn.
Contains HM Land Registry data © Crown copyright and database right 2026. This data is licensed under the Open Government Licence v3.0.