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Independent historical sold-price evidence from HM Land Registry for England and Wales.

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© 2026 UK House Prices. Data sourced from HM Land Registry.

Contains HM Land Registry data © Crown copyright and database right 2026. Licensed under the Open Government Licence v3.0.

Area guide

SM5 area guide — property prices & local market

Everything you need to know about buying property in the SM5 postcode area, covering Carshalton and surrounding areas. All price data sourced from HM Land Registry — updated July 2026.

SM5 area price snapshot

Average price

£262,131

Median price

£215,000

5-year trend

+25.5%

Total sales

19,751

The SM5 area has 660 individual postcodes with 19,751 registered sales. Prices are +33.9% below the national average, with the largest concentration in Carshalton. The five-year price movement is +25.5%.

Market context

With an average of £262,131, SM5 is a mid-range area, +33.9% below the national average. Mid-range areas typically offer a broad selection of property types for first-time buyers and second-steppers. The dataset includes 19,751 recorded sales across 660 postcodes.

The five-year price trend in SM5 is +25.5%, significantly outpacing many other areas. This level of growth may reflect improving local amenities, transport links or broader regeneration.

Buying tips for SM5

  • 🏠Consider property type mix. Mid-range areas typically have a diverse housing stock. Use the street and postcode pages to find the property type that fits your budget.
  • 📈Look for growth potential. The 5-year price trend on this page shows how SM5 has performed. Compare it with nearby areas using the location comparison tool.
  • 🧮Factor in Stamp Duty. Use the Stamp Duty Calculator to estimate purchase costs based on the average price in SM5.
  • 🏘️Explore Carshalton. Much of the SM5 activity centres on Carshalton. Check the town-level data for more granular market analysis.
  • 💡Check individual postcodes. Average prices can mask significant variation between postcodes in the SM5 area. Browse the individual postcode pages to find properties that match your budget.
  • 💡Compare asking prices to sold prices. Use the Asking Price Checker to see whether a listing price aligns with local sold-price evidence.
  • 💡Use sold prices as evidence, not valuation. Historical data helps you understand market trends but does not replace a professional valuation by a qualified surveyor.

Top postcodes in SM5

SM5 2SF

£183,712 avg · 255 sales

SM5 2FE

£136,389 avg · 133 sales

SM5 3QJ

£194,603 avg · 131 sales

SM5 2ED

£132,018 avg · 128 sales

SM5 2NL

£148,494 avg · 124 sales

SM5 2AY

£155,189 avg · 117 sales

SM5 2LD

£138,120 avg · 113 sales

SM5 2DY

£227,821 avg · 111 sales

SM5 1JE

£122,613 avg · 107 sales

View all 660 postcodes in SM5 →

Useful tools for SM5 buyers

🧮

Stamp Duty ~£3,107

Avg £262,131 in SM5

Full guide →

📊

Asking Price Checker

Compare asking prices with sold-price evidence

📖

Stamp Duty Guide

Complete 2025 SDLT, LTT & LBTT guide

⚖️

Location Comparison

Compare SM5 with other areas

🏘️

Carshalton data

Full town-level property statistics

About this guide

This SM5 area guide is based on HM Land Registry Price Paid Data, covering registered residential property sales in England and Wales from January 1995 onwards. All figures are historical sold prices, not current valuations or asking prices.

Data last updated: July 2026 · View methodology

Frequently asked questions

What is the average house price in SM5?

The average sold price in the SM5 postcode area is £262,131, based on 19,751 HM Land Registry transactions. The largest town in this area is Carshalton.

How do SM5 house prices compare to the UK average?

Properties in SM5 average £262,131, which is +33.9% below the national average of £396,803 for England and Wales.

Why is the median price in SM5 lower than the average?

The median price (£215,000) is 18.0% below the average (£262,131), suggesting a mix of property types or a few high-value sales pulling the mean upward. This is common in areas with both affordable and premium housing.

How have SM5 house prices changed over 5 years?

Prices in SM5 have moved +25.5% over five years, reflecting broader UK house price growth. The large sample size gives confidence in this trend.

Are these area guide prices valuations or asking prices?

No. All figures on this page are historical completed sale prices from HM Land Registry Price Paid Data. They are not current valuations, estate agent asking prices, or financial advice. Always seek professional advice before making property decisions.

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