Analysis of recent property sales -- official HM Land Registry data
The average house price in SM1 (SM1 1AH) is £474,411, based on 383 transactions recorded by HM Land Registry. The median price is £425,000, giving a price range from £108,000 to £2,100,000.
| Date | Price | Type | Area |
|---|---|---|---|
| 2026-01-21 | £270,000 | F | 59.0 m² |
| 2026-01-12 | £365,000 | F | 76.0 m² |
| 2026-01-09 | £108,000 | F | 45.0 m² |
| 2026-01-09 | £150,000 | F | 29.0 m² |
| 2026-01-07 | £175,000 | F | 28.0 m² |
Standard residential rates for primary residence. Does not include surcharges for additional properties or non-UK residents.
Market Overview: SM1
Turnover in SM1 has been high, with 383 residential sales logged by HM Land Registry in the last twelve months — enough volume that the median figure is reasonably representative. Individual sales ranged from £108k to £2.10m, which is a normal spread for a postcode of this size.
No single property type dominates — flats led with 44% but the mix is diverse, while semi-detached houses accounted for 22% and terraced houses accounted for 23%.
Prices have been essentially flat across the twelve-month window, moving by under 4% in either direction. Monthly volume was fairly consistent, giving the trend line a reliable shape.
Liquidity in SM1 1AH is healthy: the high sale count makes it easier to benchmark a specific property against genuinely recent comparables rather than extrapolating from older deals. On the rental side, the estimated gross yield on a median-priced property here is around 3.4%, based on ONS regional rents.