marketcodeAsking rent
£2,023 a month 12 months to Jul 2026
236 lets
Postcode district
SM5 rental market
Asking rent £2,023 a month · Gross yield 4.6% · 12 months, listings to Aug 2026
What is SM5?
- Buildings
- 934
- Mixed-use buildings
- 2.5%
- HMO-shaped units
- 8.4%
What does SM5 earn?
SM5: asking rent £2,023 a month (12 months to Jul 2026, 236 lets).
Gross yield, asking basis
4.6% 12 months to Aug 2026
439 lets
+7.4% on the previous 12 months.
Sample is the dated lettings behind the latest month's rent cell.
Homes to rent
82 on 21 Sep 2026
How does SM5 vary by home size?
Asking rent in SM5 runs from £1,249 a month for 1 bedroom to £3,080 a month for 4 bedrooms.
| Homes | Asking rent | Window | Change | Listings |
|---|---|---|---|---|
| 1 bedroom | £1,249 a month | 12 months to Aug 2026 | +15.1% on the previous 12 months | 86 |
| 2 bedrooms | £1,612 a month | 12 months to Aug 2026 | -5.6% on the previous 12 months | 195 |
| 3 bedrooms | £2,289 a month | 12 months to Aug 2026 | +6.6% on the previous 12 months | 112 |
| 4 bedrooms | £3,080 a month | 12 months to Mar 2026 | — | 37 |
| 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, over the last 12 observed months, from portal listings. A band with fewer than 30 dated listings in the year is not published.
Who owns SM5?
Corporate landlords hold 60% of the 385 units in SM5 whose freeholder is classified; 98% of all units are not yet classified.
- Corporate landlords60% of classified · 230 units
- Housing associations25% of classified · 97 units
- Individuals (not traceable in bulk)14% of classified · 54 units
- RMC1.0% of classified · 4 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 SM5 rank?
SM5 ranks 2nd of 5 postcode districts in Sutton for asking rent, at £2,023 a month.
Asking rent · postcode districts in Sutton
SM5 ranks 2nd of 5 postcode districts in Sutton for asking rent, at £2,023 a month.
| # | Area | Asking rent | Sample | Tier |
|---|---|---|---|---|
| 1 | SM3 | £2,047 a month | 188 | measured |
| 2 | SM5 | £2,023 a month | 236 | measured |
| 3 | SM2 | £1,849 a month | 401 | measured |
| 4 | SM1 | £1,786 a month | 618 | measured |
| 5 | SM6 | £1,533 a month | 363 | measured |
Full table: asking rent across postcode districts in Sutton →
Gross yield, asking basis · postcode districts in Sutton
SM5 ranks 5th 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 →
Where next from SM5?
- SuttonThe wider market this area sits in.
- SM1Neighbouring postcode district · £5,658/m²
- SM2Neighbouring postcode district · £5,231/m²
- SM3Neighbouring postcode district · £6,237/m²
- SM6Neighbouring postcode district · £5,524/m²
- CR4Next door, in another authority · £5,544/m²
- CR5Next door, in another authority · £5,945/m²
- CR8Next door, in another authority · £4,244/m²
- SM4Next door, in another authority · £5,824/m²
- SM7Next door, in another authority · £5,881/m²
- CR0Next door, in another authority · £4,629/m²
Questions about SM5
- What is the average rent in SM5?
- Homes to let in SM5 asked a median £2,023 a month over the 12 months to Jul 2026, 236 lets. Asking rent, not the rent agreed.
- What is the gross rental yield in SM5?
- 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, 439 lets. +7.4% on the previous 12 months.
Everything else about SM5
- Properties in SM5Every addressable home with its floor area, tenure and last recorded sale.
- Buildings in SM5Footprints, heights and the units inside them.
- Land and plots in SM5Registered parcels with their area, tenure and what stands on them.
- Homes for sale in SM5What is on the market right now, with the evidence beside each asking price.
- Homes to rent in SM5What is available to rent, with the recorded rent and yield beside each asking price.
- Recent house sales in SM5Registered completions from Price Paid, newest first.
- Planning applications in SM5What was proposed, who decided it and whether it was approved.
- Estate agents active in SM5Who actually lists here, ranked by volume over 12 months.
Where these figures come from
| Figure | Dataset | Window | Latest | Sample |
|---|---|---|---|---|
| Asking rent | MarketCode market evidence | 12 months to Jul 2026 | Jul 2026 | 236 lets |
| Gross yield, asking basis | MarketCode market evidence | 12 months to Aug 2026 | Aug 2026 | 439 lets |
| Homes to rent | portal listings; observed forwards from 5 Sep 2026 | on 21 Sep 2026 | 21 Sep 2026 | — |