According to data from HM Land Registry and Property Solvers, the average house price in Sutton is £485,630.
Over the past five years, property values have risen by £134,968, an increase of 25.15 per cent.
In the last 12 months alone, the average price has gone up by 4.19 per cent to £27,370.
In the past year, there were 265 residential property sales, marking a decline of 50 transactions – an 18.87 per cent drop compared to the previous year.
The majority of these sales, 79 in total, were for properties priced between £422,000 and £3574,000.
Meanwhile, 66 homes sold in the £574,000 to £706,000 range.
Below are the most expensive streets in Cheam to buy a house, based on average prices.
Golf Side, SM2 7EZ
Average Price: £2,800,000 Number of Sales: 4
Golf Side, SM2 7HA
Average Price: £2,525,000 Number of Sales: 4
The Avenue, SM2 7QA
Average Price: £1,903,333 Number of Sales: 3
Higher Drive, SM7 1PF
Average Price: £1,633,333 Number of Sales: 3
High View, SM2 7DZ
Average Price: £1,630,000 Number of Sales: 3
Downs Side, SM2 7EH
Average Price: £1,623,750 Number of Sales: 4
Wilbury Avenue, SM2 7DU
Average Price: £1,621,875 Number of Sales: 4
Sandy Lane, SM2 7ES
Average Price: £1,515,000 Number of Sales: 3
Higher Drive, SM7 1PL
Average Price: £1,467,000 Number of Sales: 3
Manor Road, SM2 7AG
Average Price: £1,414,916 Number of Sales: 3
