Analysis of recent property sales -- official HM Land Registry data
The average house price in SM3 (SM3 8AA) is £522,711, based on 132 transactions recorded by HM Land Registry. The median price is £543,500, giving a price range from £130,000 to £1,120,000.
| Date | Price | Type | Area |
|---|---|---|---|
| 2026-01-26 | £490,000 | T | 85.22 m² |
| 2026-01-21 | £585,000 | T | 89.0 m² |
| 2026-01-15 | £350,000 | T | 56.0 m² |
| 2026-01-09 | £240,000 | F | 40.0 m² |
| 2026-01-07 | £542,000 | S | 85.43 m² |
Standard residential rates for primary residence. Does not include surcharges for additional properties or non-UK residents.
Market Overview: SM3
With 132 recorded transactions in twelve months, SM3 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 £130k to £1.12m, which is a normal spread for a postcode of this size.
No single property type dominates — terraced houses led with 36% but the mix is diverse, while flats accounted for 22% and semi-detached houses accounted for 36%.
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 SM3 8AA 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 2.6%, based on ONS regional rents.