Palmer Avenue - SM3 8EG
Key Postcode Insights
SM3 8EG is a residential postcode situated on Palmer Avenue, Cheam, Sutton, SM3 with 40 addresses.
It ranks as the 298th largest and 336th most expensive of the 358 postcodes in the SM3 area. The most common property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 40 properties: 40 houses.
- Ave. Sale Price
- £765,019
- 10 Year change
- up 21.2%
- Ave. Rental Price
- £2,944pcm
- 10 Year change
- up 49.4%
- Ave. £ per ft²
- £568/ft²
- Ave. Gross Yield
- 4.6%/year/yr
Key Postcode Insights
SM3 8EG is a residential postcode situated on Palmer Avenue, Cheam, Sutton, SM3 with 40 addresses.
It ranks as the 298th largest and 336th most expensive of the 358 postcodes in the SM3 area. The most common property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 40 properties: 40 houses.
- Ave. Sale Price
- £765,019
- 10 Year change
- up 21.2%
- Ave. Rental Price
- £2,944pcm
- 10 Year change
- up 49.4%
- Ave. £ per ft²
- £568/ft²
- Ave. Gross Yield
- 4.6%/year/yr
Explore Propertiesin SM3 8EG
- 2 Palmer Avenue
House
- 4 Palmer Avenue
House
- 6 Palmer Avenue
5 Bed Early-century House
- 8 Palmer Avenue
House
- 10 Palmer Avenue
House
Sales Market Trends
The last sale in SM3 8EG sold for £700,000 on 2nd September 2022. Since then prices are down an average of 3.8%.
The current average value in the postcode is £765,019.
The SM3 8EG Sales Market has increased by 21.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.9% | £765,019 |
| June 2025 | 0.6% | £772,133 |
| June 2024 | -3.2% | £767,704 |
| June 2023 | 1.1% | £792,812 |
| June 2022 | 10.4% | £784,340 |
| June 2021 | 6.9% | £710,562 |
| June 2020 | 2.3% | £664,560 |
| June 2019 | -0.6% | £649,889 |
| June 2018 | 0.3% | £653,878 |
| June 2017 | 3.3% | £652,203 |
| June 2016 | 12% | £631,227 |
| June 2015 | 8.5% | £563,698 |
| June 2014 | 15.2% | £519,371 |
| June 2013 | 5.4% | £450,945 |
| June 2012 | 2.6% | £427,791 |
| June 2011 | -0.6% | £417,051 |
| June 2010 | 20.7% | £419,405 |
| June 2009 | -11.6% | £347,549 |
| June 2008 | -3.6% | £393,362 |
| June 2007 | 0% | £408,000 |
Rental Market Trends
The current average rental value in the postcode is £2,944.
The SM3 8EG Rental Market has increased by 49.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.6% | £2,944pcm |
| June 2025 | 1.1% | £2,870pcm |
| June 2024 | 4.4% | £2,838pcm |
| June 2023 | 13% | £2,718pcm |
| June 2022 | 12.5% | £2,405pcm |
| June 2021 | 4.4% | £2,138pcm |
| June 2020 | 3.8% | £2,048pcm |
| June 2019 | 1.9% | £1,973pcm |
| June 2018 | 1.4% | £1,937pcm |
| June 2017 | -3.1% | £1,910pcm |
| June 2016 | 4.3% | £1,971pcm |
| June 2015 | 3.7% | £1,890pcm |
| June 2014 | 5.8% | £1,821pcm |
| June 2013 | 3.9% | £1,721pcm |
| June 2012 | 5.1% | £1,656pcm |
| June 2011 | 6.9% | £1,576pcm |
| June 2010 | 9.7% | £1,474pcm |
| June 2009 | -5.2% | £1,344pcm |
| June 2008 | 4.9% | £1,417pcm |
| June 2007 | 0% | £1,350pcm |
Sales History
The last sale was on 2nd September 2022 for £700,000 and since then the market in the area has decreased by 3.8%. The postcode has had a total of 36 sales since 1995.
SM3 8EG has seen no sales in the last three years and no sales in the last twelve months.
- Sold Sep 2022£700,000 | 4 Bed House60, Palmer Avenue, Sutton, SM3 8EG60, Palmer Avenue, Sutton, SM3 8EG
- Sold Jun 2022£725,000 | 3 Bed House12, Palmer Avenue, Sutton, SM3 8EG12, Palmer Avenue, Sutton, SM3 8EG
- Sold May 2020£590,500 | 4 Bed House16, Palmer Avenue, Sutton, SM3 8EG16, Palmer Avenue, Sutton, SM3 8EG
- Sold Jan 2019£575,000 | 3 Bed House12, Palmer Avenue, Sutton, SM3 8EG12, Palmer Avenue, Sutton, SM3 8EG
- Sold Oct 2016£650,000 | 4 Bed House74, Palmer Avenue, Sutton, SM3 8EG74, Palmer Avenue, Sutton, SM3 8EG
Nearby Postcodes
SM3 8EG is the 298th largest and the 336th most expensive postcode out of the 358 postcodes in the SM3 area.
- SM3 8EF, Palmer Avenue, Cheam, Sutton, SM3SM3 8EF36 Addresses|41 m away
- SM3 8HE, Wordsworth Drive, Cheam, Sutton, SM3SM3 8HE20 Addresses|107 m away
- SM3 8JG, The Spinney, Cheam, Sutton, SM3SM3 8JG32 Addresses|127 m away
- SM3 8EB, Wickham Avenue, Cheam, Sutton, SM3SM3 8EB34 Addresses|150 m away
- SM3 8HF, Wordsworth Drive, Cheam, Sutton, SM3SM3 8HF37 Addresses|156 m away
Property Types
- 4 houses of an unknown age
- 18 early-century houses built between 1912 and 1935
- 18 other addresses of unknown type
- house (4)
- early-century house (18)
- Unknown (18)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 18 properties.
- The most common rating is E.
- A (0)
- E (10)
- B (0)
- F (0)
- C (2)
- G (0)
- D (6)
- No EPC (22)
Top 3 Most Expensive Sales
- Sold Jun 2025£1,070,000 | 5 Bed House27, Palmer Avenue, Sutton, SM3 8EF27, Palmer Avenue, Sutton, SM3 8EF
- Sold Sep 2021£825,000 | 4 Bed House19, Palmer Avenue, Sutton, SM3 8EF19, Palmer Avenue, Sutton, SM3 8EF
- Sold Mar 2025£820,000 | 4 Bed House31, Palmer Avenue, Sutton, SM3 8EF31, Palmer Avenue, Sutton, SM3 8EF
Schools Nearby
- Meadow Primary School500 m away
- Nonsuch Primary School600 m away
- Cheam Fields Primary Academy700 m away
- Cheam High School800 m away
- Nonsuch High School for Girls1.3 km away
- Glenthorne High School2.5 km away
More reading links
Public Transport Nearby
The closest station to SM3 8EG is Stoneleigh station, which is 1.4 kilometres away.
- Stoneleigh|1.4 km away
- Cheam|1.6 km away
- West Sutton|1.7 km away
- Worcester Park|2.0 km away
