SM2 7LW is a residential postcode located on Abinger Avenue, Cheam, Sutton, SM2. It is the 422nd largest postcode in the SM2 area.
It contains 19 houses and 10 unknown and the most common type of property is a early-century house built between 1912 and 1935.
The average house value is £956,582. Sales values have decreased in the last 12 months by 0.2% and Rental values have increased by 2.8%.
Property sale values range from £749,996 for a freehold house, with 3 bedrooms split across 1,055 square feet of gross internal area and has a garden to £1,181,759 for a freehold house, with 5 bedrooms split across 2,454 square feet of gross internal area and has a garden.
Average £/ft2 for properties in SM2 7LW is £573/ft2.
Properties achieve a rental yield of between 4.4% and 5%, and rental values range from £3,115 to £4,308 per month.
The last sale was 14 Dec 2023 for £900,000 and since then the market in the area has increased by 1.5%. The postcode has had a total of 4 sales since 1995.
SM2 7LW has seen 3 sales in the last three years and 1 sale in the last twelve months.
SM2 7LW is the 422nd largest and the 468th most expensive postcode out of the 581 postcodes in the SM2 area.
SM2 7LW is the 422nd largest and the 468th most expensive postcode out of the 581 postcodes in the SM2 area.
SM2 7LW is a residential postcode located on Abinger Avenue, Cheam, Sutton, SM2 with 19 houses and 10 unknown within its bounds.
The most common property type in SM2 7LW is a early-century house built between 1912 and 1935.
The homes with certificates are generally early-century in style with the most common Energy Performance Certificate (EPC) rating being D.
The closest station to SM2 7LW is Ewell East station which is 1.0 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around SM2 7LW, 50.0% of property is privately owned outright and 46.3% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around SM2 7LW, 18.3% of residents are recorded as possessing school level qualifications and 51.0% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around SM2 7LW, the average age was 42.7 and the most common age was 47.
The graph below shows how this compares to South East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around SM2 7LW, 1.0% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around SM2 7LW, there are an average of 1.9 cars per household.
See below for how this compares to South East and the rest of England & Wales.