Analysis of recent property sales -- official HM Land Registry data
The average house price in SM2 (SM2 5AD) is £474,666, based on 486 transactions recorded by HM Land Registry. The median price is £407,750, 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: SM2
With 486 recorded transactions in twelve months, SM2 is one of the more liquid postcodes in the sample — individual outliers have less pull on the median figure than they would elsewhere. 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 21% and terraced houses accounted for 22%.
The twelve-month trend is upward: comparing the first half of the window with the second, the median shifted by roughly +7.5%. Monthly volume was fairly consistent, giving the trend line a reliable shape.
Liquidity in SM2 5AD 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 3.5%, based on ONS regional rents.