House prices in SM2

Median value — June 2026

£411,514

Modelled from 9,937 properties Stede tracks in SM2

Market snapshot

£411,514

Median value

£647,199

Average value

267

Sales in the last 12 months

unchanged

Change over the past year

Value over time

  • Modelled value
£100k£200k£300k£400k£500k20002002200420062008201020122014201620182020202220242026

Modelled month by month from the UK House Price Index, averaged across every property type Stede tracks here.

View as a table
Modelled value at the end of each year, with any recorded sales
YearModelled value
2000£122,872
2001£137,946
2002£166,100
2003£177,049
2004£195,159
2005£191,669
2006£210,703
2007£239,978
2008£205,151
2009£206,878
2010£216,553
2011£220,353
2012£227,249
2013£246,975
2014£288,778
2015£318,196
2016£344,410
2017£351,948
2018£349,651
2019£347,546
2020£365,746
2021£381,443
2022£414,374
2023£388,220
2024£409,922
2025£418,153
2026£411,514

Property types

  • Flat / Maisonette52%£294,854
  • Detached house26%£1,138,515
  • Semi-detached house11%£824,792
  • Mid-terrace house10%£570,496
  • Property1%£330,819

Recent sales

Addresses in SM2

About this area

SM2 is a UK postcode district. Stede can model 9,937 properties there, from HM Land Registry Price Paid Data and the UK House Price Index.

As of June 2026, SM2 has a median estimated value of £411,514 and an average of £647,199.

Modelled values in SM2 are unchanged over the past year and +11% over five years.

The market here is mostly flats, which make up 52% of the properties Stede tracks in SM2.

267 sales were recorded in SM2 over the past 12 months.

Common questions

What is the average house price in SM2?

As of June 2026, the average estimated value is £647,199 and the median is £411,514 across 9,937 properties Stede tracks in SM2. This is not a formal market valuation.

Are house prices in SM2 going up or down?

Modelled values in SM2 are unchanged over the past year and +11% over five years, based on the UK House Price Index.

What types of property are in SM2?

52% of the properties Stede tracks in SM2 are flats. detached houses are next most common, at 26%.

How many properties are in SM2?

Stede can model 9,937 properties in SM2, with 267 recorded sales in the past 12 months.

How does Stede calculate house prices for SM2?

These figures are modelled from HM Land Registry Price Paid Data and the UK House Price Index — the same sources used for every individual property valuation on Stede. Full detail is on the methodology page.

How we calculate this

These figures are modelled from HM Land Registry Price Paid Data and the UK House Price Index — the same sources behind every individual property valuation on Stede.

Read the full methodology and data sources →