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SM3 House Prices & Property Market

Sold-price evidence and a 9-signal market rating for the SM3 postcode district, built from HM Land Registry, Bank of England, RICS, ONS and planning data. Index last computed Aug 2026.

52.2

Index / 100

Balanced

The SM3 market is broadly balanced. Neither buyers nor sellers hold a significant advantage. Conditions are relatively stable, though price momentum is showing mild signs of warming.

Median sold price

£550,000

+14.9% year on year

Sales last month

7

HM Land Registry

SM3 sold price trend

MonthMedian priceSalesYoY
Jul 2025£545,00020
Aug 2025£560,01025
Sept 2025£520,0004
Oct 2025£577,75026
Nov 2025£500,0001
Dec 2025£730,0001
Jan 2026£515,0004+2.9%
Feb 2026£677,5001+4.6%
Mar 2026£649,0001+3.2%
Apr 2026£523,50012-9.7%
May 2026£562,50010+0.1%
Jun 2026£550,0007+14.9%

Source: HM Land Registry Price Paid Data. Months with few transactions can swing sharply.

What's driving the SM3 rating

Price Momentum100
Supply & Demand15
Mortgage Affordability47
Sales Velocity50
Surveyor Sentiment50
Rental Yield50
New Listings Volume50
Planning Pipeline50
Local Employment50

Each signal scored 0–100 against 10 years of history. Full methodology.

Go deeper on SM3

See street-level sold prices, an evidence-backed valuation range for your property, comparables and EPC £/sqft. Free to start.

SM3 property market FAQs

What is the average house price in SM3?

The median sold price in SM3 is £550,000, based on HM Land Registry transactions, +14.9% year on year.

Is SM3 a buyer's or seller's market right now?

SM3 currently scores 52.2/100 on our 9-signal market index, placing it in the "Balanced" band. The SM3 market is broadly balanced. Neither buyers nor sellers hold a significant advantage. Conditions are relatively stable, though price momentum is showing mild signs of warming.

How long do homes take to sell in SM3?

We don't currently have days-on-market data for SM3.

Where does this data come from?

Sold prices come from HM Land Registry Price Paid Data. The market index combines 9 signals including price momentum, supply and demand, sales velocity, RICS surveyor sentiment, rental yield, planning pipeline and local employment. See our methodology page for full details.

Nearby postcode districts

SM6 · 56SM4 · 52SM2 · 50SM5 · 48SM1 · 46SM7 · 36

Contains HM Land Registry data © Crown copyright and database right 2026. This data is licensed under the Open Government Licence v3.0. Figures are indicative market statistics, not a formal valuation. Methodology.