SM3 8AE is a residential postcode situated on Pond Hill Gardens, Sutton, SM3 with 29 addresses.
It ranks as the 229th largest and 69th most expensive of the 360 postcodes in the SM3 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 29 properties: 29 flats.
SM3 8AE is a residential postcode situated on Pond Hill Gardens, Sutton, SM3 with 29 addresses.
It ranks as the 229th largest and 69th most expensive of the 360 postcodes in the SM3 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 29 properties: 29 flats.
Sale prices range from £313,974 for 2 bedroom leasehold flats (538 ft2) to £474,248 for 3 bedroom leasehold flats (1,054 ft2) .
Monthly rental prices range from £1,504 pcm for 2 bed flats to £2,154 pcm for 3 bed flats.
The gross rental yield is between 5.5% and 5.7%.
The average value per square foot is £535.
The last sale in SM3 8AE sold for £390,000 on 12th March 2024. Since then prices are up an average of 1.8%.
The current average value in the postcode is £365,178.
The SM3 8AE Sales Market has increased by 7.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0.8% | £365,178 |
| April 2025 | 0.6% | £362,421 |
| April 2024 | -2.9% | £360,194 |
| April 2023 | 0.8% | £370,952 |
| April 2022 | 5.7% | £367,958 |
| April 2021 | 2.1% | £348,142 |
| April 2020 | 1.2% | £340,859 |
| April 2019 | -0.7% | £336,678 |
| April 2018 | -3.4% | £339,107 |
| April 2017 | 3.4% | £351,130 |
| April 2016 | 13.8% | £339,464 |
| April 2015 | 12.5% | £298,202 |
| April 2014 | 12.3% | £265,032 |
| April 2013 | 5.7% | £236,099 |
| April 2012 | 2.2% | £223,455 |
| April 2011 | 0.8% | £218,678 |
| April 2010 | 12.1% | £216,994 |
| April 2009 | -17.4% | £193,597 |
| April 2008 | 3.3% | £234,295 |
| April 2007 | 0% | £226,867 |
The current average rental value in the postcode is £1,706.
The SM3 8AE Rental Market has increased by 28.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.3% | £1,706pcm |
| April 2025 | 0.9% | £1,652pcm |
| April 2024 | 5.9% | £1,636pcm |
| April 2023 | 12.2% | £1,546pcm |
| April 2022 | 5.9% | £1,377pcm |
| April 2021 | -0.1% | £1,301pcm |
| April 2020 | 4.3% | £1,303pcm |
| April 2019 | 1.5% | £1,250pcm |
| April 2018 | -2.9% | £1,232pcm |
| April 2017 | -4.3% | £1,268pcm |
| April 2016 | 6.3% | £1,325pcm |
| April 2015 | 6.9% | £1,247pcm |
| April 2014 | 4.9% | £1,167pcm |
| April 2013 | 4.3% | £1,112pcm |
| April 2012 | 6% | £1,066pcm |
| April 2011 | 6.3% | £1,006pcm |
| April 2010 | 2% | £946pcm |
| April 2009 | -7.7% | £928pcm |
| April 2008 | 7.5% | £1,005pcm |
| April 2007 | 0% | £935pcm |
The last sale was on 12th March 2024 for £390,000 and since then the market in the area has increased by 1.8%. The postcode has had a total of 2 sales since 1995.
SM3 8AE has seen 1 sale in the last three years and no sales in the last twelve months.
SM3 8AE is the 229th largest and the 69th most expensive postcode out of the 360 postcodes in the SM3 area.
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The closest station to SM3 8AE is Cheam station which is 700 metres away.
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