SM3 8HL is a residential postcode situated on Hemingford Road, Cheam, Sutton, SM3 with 60 addresses.
It ranks as the 353rd largest and 61st most expensive of the 360 postcodes in the SM3 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 60 properties: 60 flats.
SM3 8HL is a residential postcode situated on Hemingford Road, Cheam, Sutton, SM3 with 60 addresses.
It ranks as the 353rd largest and 61st most expensive of the 360 postcodes in the SM3 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 60 properties: 60 flats.
Sale prices range from £296,446 for 2 bedroom leasehold flats (570 ft2) to £394,270 for 3 bedroom leasehold flats (925 ft2) .
Monthly rental prices range from £1,560 pcm for 2 bed flats to £1,999 pcm for 3 bed flats.
The gross rental yield is between 6.1% and 6.3%.
The average value per square foot is £469.
The last sale in SM3 8HL sold for £280,000 on 15th August 2025. Since then prices are up an average of 0.9%.
The current average value in the postcode is £335,824.
The SM3 8HL Sales Market has increased by 9.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.5% | £335,824 |
| April 2025 | 0.8% | £330,974 |
| April 2024 | -2.9% | £328,411 |
| April 2023 | 1.4% | £338,170 |
| April 2022 | 5.5% | £333,484 |
| April 2021 | 2% | £316,105 |
| April 2020 | 0.8% | £309,873 |
| April 2019 | -0.7% | £307,403 |
| April 2018 | -3.2% | £309,497 |
| April 2017 | 3.8% | £319,778 |
| April 2016 | 14.8% | £307,928 |
| April 2015 | 13% | £268,193 |
| April 2014 | 11.3% | £237,248 |
| April 2013 | 4.9% | £213,070 |
| April 2012 | 1.6% | £203,114 |
| April 2011 | 0.7% | £199,964 |
| April 2010 | 12% | £198,591 |
| April 2009 | -17.1% | £177,261 |
| April 2008 | 2.9% | £213,738 |
| April 2007 | 0% | £207,719 |
The current average rental value in the postcode is £1,725.
The SM3 8HL Rental Market has increased by 28.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.7% | £1,725pcm |
| April 2025 | 0.8% | £1,664pcm |
| April 2024 | 6.1% | £1,651pcm |
| April 2023 | 12.4% | £1,556pcm |
| April 2022 | 5.7% | £1,385pcm |
| April 2021 | -0.4% | £1,310pcm |
| April 2020 | 4.1% | £1,315pcm |
| April 2019 | 1.2% | £1,263pcm |
| April 2018 | -3% | £1,248pcm |
| April 2017 | -4% | £1,287pcm |
| April 2016 | 6.9% | £1,340pcm |
| April 2015 | 6.9% | £1,254pcm |
| April 2014 | 4.8% | £1,173pcm |
| April 2013 | 3.7% | £1,120pcm |
| April 2012 | 5.5% | £1,080pcm |
| April 2011 | 6.4% | £1,024pcm |
| April 2010 | 1.2% | £963pcm |
| April 2009 | -7.5% | £951pcm |
| April 2008 | 7.4% | £1,028pcm |
| April 2007 | 0% | £957pcm |
The last sale was on 15th August 2025 for £280,000 and since then the market in the area has increased by 0.9%. The postcode has had a total of 127 sales since 1995.
SM3 8HL has seen 9 sales in the last three years and 3 sales in the last twelve months.
SM3 8HL is the 353rd largest and the 61st most expensive postcode out of the 360 postcodes in the SM3 area.
Be the first Estate
Agent here!
The closest station to SM3 8HL is Stoneleigh station which is 1.6 kilometres away.
Be the first Estate
Agent here!