A locality in Sutton.
Sold house prices in Cheam have an overall average of £565,245, based on all 4,500 residential sales on record — drawn from every recorded UK house sale.
Medians over the most recent 12 months of all UK property sales (to July 2026). Median is used, not mean — it isn't skewed by the odd very-high sale.
Across Cheam, the median sold price over the 12 months to July 2026 was £557,000 — it rose 1.3% on the year before. That reflects 286 recorded sales. Detached homes are the priciest at a median of £1,192,500, while flat/maisonette homes are the most affordable at £326,500. Over the past year, other homes moved the most (+22.5%). Within Cheam, the SM1 district saw the strongest recent growth (+9%) and SM2 the softest (-5%).
New-build homes were 0% of recent sales, a share that is falling.
These figures track the median of prices actually paid, not a like-for-like index. A move can reflect a change in what sold — more new homes, or a different mix of house types and sizes — as much as any change in what a given home is worth.
| Type | Median | 12-month change | Sales |
|---|---|---|---|
| Terraced | £544,975 | -0.9% | 100 |
| Semi-detached | £653,750 | +3.5% | 70 |
| Flat/Maisonette | £326,500 | +5.3% | 58 |
| Detached | £1,192,500 | +16.7% | 48 |
| Other | £367,500 | +22.5% | 10 |
Change compares the median for the last 12 months with the 12 months before.
| District | 2022 | 2023 | 2024 | 2025 | 2026 | Median |
|---|---|---|---|---|---|---|
| SM1 | +25.4% | -3% | +1.2% | -6.4% | +8.5% | £540,000 |
| SM2 | +2.2% | +3% | -4.1% | +1.7% | -5.4% | £922,500 |
| SM3 | +7.3% | +4.4% | +1.4% | +1.4% | +0% | £540,000 |
Year-on-year change in the median sold price; green = up, red = down. Final column is the latest-year median. Tap a postcode district for its own sold prices.
New-build homes were 0% of sales in the latest year, and the share is ▼ falling over the period — a marker of how much new housing is being built here (not a price forecast). See the new-build chart above.
How these figures are calculated. Year-on-year change compares the median sold price over the most recent 12 months of data with the 12 months before it. We use the median, not the average, so a few unusually high or low sales don't distort it. Because HM Land Registry data lags — sales take time to be registered — the most recent month or two are provisional and tend to revise upward. Figures track the mix of what actually sold, so they are not a like-for-like index. The same method is used across this site, so an area's figure here matches its ranking in investment trends.
📈 See investment trends across Greater London →
Estate agency businesses registered in Cheam (Companies House).