House prices in Sutton have gone up by an average of over £2,000 in the month of May, according to figures from the Land Registry.
The latest data from the government department reveals that in May 2022 average house prices in Sutton reached £427,274.
This was up from £424,355 in April, representing a 0.7 per cent increase. In the last 12 months it has risen by 8.4 per cent.
If you are interested in buying or renting a home, you can see the latest properties in and around Sutton here.
How much have house prices increased in Sutton?
Breaking it down for specific types of housing, all prices saw an increase.
- Detached houses - Up to £1,025,758 from £1,017,716 in April
- Semi-detached houses - Up to £619,139 from £614,102 in April
- Terraced houses - Up to £431,792 from £427,096 in April
- Flats - Up to £285,285 from £284,866 in April
How do Sutton house prices compare to the UK average?
Even when comparing Sutton to the picture across the UK, the area is well above the UK average with a typical property value in the nations reaching £283,496 in May.
In cash terms, the average house price in May was £32,210 higher than a year earlier with house price growth accelerating to 12.8 per cent in May 2022. Prices were up by 1.2 per cent month on month.
How much could your house be worth?
We have created this map for the London so you can see the average house price in each neighbourhood since 1995.
Sites like Zoopla can offer an estimate valuation of your house if you input your postcode into their website here.
The above map can demonstrate which areas of Sutton are the most expensive for average house prices.
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