Park Lane - SM3 8BN
Key Postcode Insights
SM3 8BN is a residential postcode situated on Park Lane, Cheam, Sutton, SM3 with 15 addresses.
It ranks as the 107th largest and 163rd most expensive of the 358 postcodes in the SM3 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 15 properties: 15 houses.
- Ave. Sale Price
- £552,783
- 10 Year change
- up 22.3%
- Ave. Rental Price
- £2,285pcm
- 10 Year change
- up 52.0%
- Ave. £ per ft²
- £707/ft²
- Ave. Gross Yield
- 5.0%/year/yr
Key Postcode Insights
SM3 8BN is a residential postcode situated on Park Lane, Cheam, Sutton, SM3 with 15 addresses.
It ranks as the 107th largest and 163rd most expensive of the 358 postcodes in the SM3 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 15 properties: 15 houses.
- Ave. Sale Price
- £552,783
- 10 Year change
- up 22.3%
- Ave. Rental Price
- £2,285pcm
- 10 Year change
- up 52.0%
- Ave. £ per ft²
- £707/ft²
- Ave. Gross Yield
- 5.0%/year/yr
Explore Propertiesin SM3 8BN
- 1 Park Lane
Unknown
- 3A Park Lane
Unknown
- 5 Park Lane
Unknown
- 7 Park Lane
2 Bed Period House
- 9-11 Park Lane
3 Bed House
Sales Market Trends
The last sale in SM3 8BN sold for £370,000 on 11th May 2026. Since then prices are down an average of 0.3%.
The current average value in the postcode is £552,783.
The SM3 8BN Sales Market has increased by 22.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.5% | £552,783 |
| June 2025 | 1.1% | £555,433 |
| June 2024 | -3.4% | £549,360 |
| June 2023 | 1.3% | £568,606 |
| June 2022 | 10.3% | £561,398 |
| June 2021 | 7.2% | £509,016 |
| June 2020 | 2% | £474,983 |
| June 2019 | -0.5% | £465,538 |
| June 2018 | -0.2% | £467,751 |
| June 2017 | 3.7% | £468,707 |
| June 2016 | 13.2% | £451,989 |
| June 2015 | 8.9% | £399,296 |
| June 2014 | 16.4% | £366,825 |
| June 2013 | 5.3% | £315,273 |
| June 2012 | 2.8% | £299,454 |
| June 2011 | -1.4% | £291,436 |
| June 2010 | 19.6% | £295,604 |
| June 2009 | -12.8% | £247,158 |
| June 2008 | -3.7% | £283,370 |
| June 2007 | 0% | £294,339 |
Rental Market Trends
The current average rental value in the postcode is £2,285.
The SM3 8BN Rental Market has increased by 52.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.2% | £2,285pcm |
| June 2025 | 1.6% | £2,215pcm |
| June 2024 | 4.7% | £2,181pcm |
| June 2023 | 14.2% | £2,083pcm |
| June 2022 | 11.6% | £1,824pcm |
| June 2021 | 4.3% | £1,634pcm |
| June 2020 | 3.9% | £1,566pcm |
| June 2019 | 2.1% | £1,508pcm |
| June 2018 | 1.6% | £1,477pcm |
| June 2017 | -3.4% | £1,454pcm |
| June 2016 | 5.3% | £1,504pcm |
| June 2015 | 4.6% | £1,429pcm |
| June 2014 | 6.8% | £1,366pcm |
| June 2013 | 3.5% | £1,279pcm |
| June 2012 | 5.3% | £1,236pcm |
| June 2011 | 5.8% | £1,174pcm |
| June 2010 | 9.2% | £1,109pcm |
| June 2009 | -6.5% | £1,016pcm |
| June 2008 | 5.1% | £1,086pcm |
| June 2007 | 0% | £1,033pcm |
Sales History
The last sale was on 11th May 2026 for £370,000 and since then the market in the area has decreased by 0.3%. The postcode has had a total of 18 sales since 1995.
SM3 8BN has seen 3 sales in the last three years and 1 sale in the last twelve months.
- Sold May 2026£370,000 | 2 Bed House13, Park Lane, Sutton, SM3 8BN13, Park Lane, Sutton, SM3 8BN
- Sold Mar 2024£785,000 | 4 Bed House29, Park Lane, Sutton, SM3 8BN29, Park Lane, Sutton, SM3 8BN
- Sold Dec 2023£370,000 | 2 Bed House7, Park Lane, Sutton, SM3 8BN7, Park Lane, Sutton, SM3 8BN
- Sold Nov 2022£380,000 | 2 Bed House21, Park Lane, Sutton, SM3 8BN21, Park Lane, Sutton, SM3 8BN
- Sold Mar 2021£500,000 | 3 Bed House17, Park Lane, Sutton, SM3 8BN17, Park Lane, Sutton, SM3 8BN
Nearby Postcodes
SM3 8BN is the 107th largest and the 163rd most expensive postcode out of the 358 postcodes in the SM3 area.
- SM3 8AG, Mickleham Gardens, Cheam, Sutton, SM3SM3 8AG25 Addresses|40 m away
- SM3 8BS, Parkside, Cheam, Sutton, SM3SM3 8BS13 Addresses|53 m away
- SM3 8BW, Park Lane, Cheam, Sutton, SM3SM3 8BW6 Addresses|56 m away
- SM3 8BL, The Broadway, Cheam, Sutton, SM3SM3 8BL9 Addresses|70 m away
- SM3 8QD, Malden Road, Cheam, Sutton, SM3SM3 8QD4 Addresses|77 m away
Property Types
- 6 period houses built between 1800 and 1911
- 1 modern house built after 1980
- 2 mid-century houses built between 1936 and 1979
- 2 houses of an unknown age
- 4 other addresses of unknown type
- period house (6)
- modern house (1)
- mid-century house (2)
- house (2)
- Unknown (4)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 9 properties.
- The most common rating is D.
- A (0)
- E (2)
- B (0)
- F (1)
- C (2)
- G (0)
- D (4)
- No EPC (6)
Top 3 Most Expensive Sales
- Sold Nov 2019£800,000 | 4 Bed House27, Park Lane, Sutton, SM3 8BN27, Park Lane, Sutton, SM3 8BN
- Sold Mar 2024£785,000 | 4 Bed House29, Park Lane, Sutton, SM3 8BN29, Park Lane, Sutton, SM3 8BN
- Sold Aug 2022£775,000 | 3 Bed FlatFlat 2, West Dene, Park Lane, Sutton, SM3 8BWFlat 2, West Dene, Park Lane, Sutton, SM3 8BW
Schools Nearby
- St Dunstan's Cheam CofE Primary School300 m away
- Cheam Fields Primary Academy700 m away
- Cuddington Croft Primary School and Nursery900 m away
- Nonsuch High School for Girls600 m away
- Cheam High School800 m away
- Overton Grange School1.7 km away
More reading links
Public Transport Nearby
The closest station to SM3 8BN is Cheam station, which is 500 metres away.
- Cheam|500 m away
- West Sutton|1.2 km away
- Sutton (London)|1.9 km away
- Belmont|2.1 km away
