SM3 8PX is a residential postcode situated on Rushmon Place, Cheam, Sutton, SM3 with 10 addresses.
It ranks as the 76th largest and 90th 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 10 properties: 5 houses and 5 flats.
SM3 8PX is a residential postcode situated on Rushmon Place, Cheam, Sutton, SM3 with 10 addresses.
It ranks as the 76th largest and 90th 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 10 properties: 5 houses and 5 flats.
Sale prices range from £256,421 for 1 bedroom Leasehold flats (430 ft2) to £557,031 for 3 bedroom freehold houses with a garden (861 ft2) .
Monthly rental prices range from £1,258 pcm for 1 bed flats to £2,261 pcm for 3 bed houses.
The gross rental yield is between 4.9% and 6.0%.
The average value per square foot is £621.
The last sale in SM3 8PX sold for £275,000 on 25th July 2025. Since then prices are down an average of 0.9%.
The current average value in the postcode is £387,644.
The SM3 8PX Sales Market has increased by 10.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -0.2% | £387,644 |
| April 2025 | 0.6% | £388,246 |
| April 2024 | -2.3% | £385,857 |
| April 2023 | 1% | £394,870 |
| April 2022 | 6.6% | £390,840 |
| April 2021 | 3.7% | £366,766 |
| April 2020 | 0.8% | £353,807 |
| April 2019 | -1.7% | £350,893 |
| April 2018 | -2.1% | £357,033 |
| April 2017 | 3.9% | £364,799 |
| April 2016 | 14.1% | £350,992 |
| April 2015 | 11.1% | £307,592 |
| April 2014 | 14% | £276,927 |
| April 2013 | 6.2% | £242,964 |
| April 2012 | 1.9% | £228,864 |
| April 2011 | -0.4% | £224,590 |
| April 2010 | 10.6% | £225,395 |
| April 2009 | -16.8% | £203,871 |
| April 2008 | 3.2% | £245,067 |
| April 2007 | 0% | £237,582 |
The current average rental value in the postcode is £1,707.
The SM3 8PX Rental Market has increased by 35.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3% | £1,707pcm |
| April 2025 | 1.5% | £1,657pcm |
| April 2024 | 6.2% | £1,633pcm |
| April 2023 | 13.1% | £1,537pcm |
| April 2022 | 6.7% | £1,359pcm |
| April 2021 | 1.6% | £1,274pcm |
| April 2020 | 3.3% | £1,254pcm |
| April 2019 | 1.1% | £1,214pcm |
| April 2018 | -1.2% | £1,201pcm |
| April 2017 | -3.6% | £1,216pcm |
| April 2016 | 7% | £1,262pcm |
| April 2015 | 6.3% | £1,179pcm |
| April 2014 | 5.7% | £1,110pcm |
| April 2013 | 4.6% | £1,050pcm |
| April 2012 | 5.4% | £1,004pcm |
| April 2011 | 4.9% | £952pcm |
| April 2010 | 1.6% | £907pcm |
| April 2009 | -6.7% | £893pcm |
| April 2008 | 6.8% | £957pcm |
| April 2007 | 0% | £896pcm |
The last sale was on 25th July 2025 for £275,000 and since then the market in the area has decreased by 0.9%. The postcode has had a total of 16 sales since 1995.
SM3 8PX has seen 4 sales in the last three years and 1 sale in the last twelve months.
SM3 8PX is the 76th largest and the 90th most expensive postcode out of the 360 postcodes in the SM3 area.
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The closest station to SM3 8PX is Cheam station which is 400 metres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around SM3 8PX, % of property is and % is .
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around SM3 8PX, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around SM3 8PX, 0.0% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around SM3 8PX, there are an average of 0.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.