Analysis of recent property sales -- official HM Land Registry data
The average house price in SM2 (SM2 5AD) is £318,079, based on 80 transactions recorded by HM Land Registry. The median price is £278,000, giving a price range from £108,000 to £750,000.
| 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 80 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 £750k, which is a normal spread for a postcode of this size.
The local market is dominated by flats, which made up 79% of all sales in the sample. A flats-heavy composition like this usually points to a city-centre or regeneration postcode where high-density apartment blocks have replaced or supplemented older stock.
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 5.2%, based on ONS regional rents.