SM3 8PZ is a residential postcode situated on Park Road, Cheam, Sutton, SM3 with 4 addresses.
It ranks as the 25th largest and most expensive of the 360 postcodes in the SM3 area.
The postcode contains a total of 4 properties: 4 flats.
SM3 8PZ is a residential postcode situated on Park Road, Cheam, Sutton, SM3 with 4 addresses.
It ranks as the 25th largest and most expensive of the 360 postcodes in the SM3 area.
The postcode contains a total of 4 properties: 4 flats.
Sale prices range from £138,383 for 2 bedroom leasehold flats with a garden (559 ft2) to £159,249 for 2 bedroom leasehold flats (760 ft2) .
Monthly rental prices range from £789 pcm for 2 bed flats to £874 pcm for 2 bed flats.
The gross rental yield is between 6.6% and 6.8%.
The average value per square foot is £226.
The last sale in SM3 8PZ sold for £276,000 on 16th August 2021. Since then prices are up an average of 5.6%.
The current average value in the postcode is £149,651.
The SM3 8PZ Sales Market has increased by 7.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0.7% | £149,651 |
| April 2025 | 1% | £148,639 |
| April 2024 | -1.6% | £147,238 |
| April 2023 | 0.3% | £149,635 |
| April 2022 | 4.7% | £149,225 |
| April 2021 | 2.5% | £142,554 |
| April 2020 | 1% | £139,096 |
| April 2019 | -1.7% | £137,723 |
| April 2018 | -3.2% | £140,046 |
| April 2017 | 3.7% | £144,728 |
| April 2016 | 14.6% | £139,586 |
| April 2015 | 11.4% | £121,758 |
| April 2014 | 13.3% | £109,294 |
| April 2013 | 4.8% | £96,444 |
| April 2012 | 1.2% | £92,066 |
| April 2011 | 0.2% | £90,934 |
| April 2010 | 9.3% | £90,778 |
| April 2009 | -17.1% | £83,022 |
| April 2008 | 3.4% | £100,099 |
| April 2007 | 0% | £96,844 |
The current average rental value in the postcode is £836.
The SM3 8PZ Rental Market has increased by 31.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.9% | £836pcm |
| April 2025 | 1.8% | £805pcm |
| April 2024 | 7% | £791pcm |
| April 2023 | 12.3% | £739pcm |
| April 2022 | 4.8% | £659pcm |
| April 2021 | 0.4% | £628pcm |
| April 2020 | 3.5% | £626pcm |
| April 2019 | 1.1% | £605pcm |
| April 2018 | -2.3% | £598pcm |
| April 2017 | -3.8% | £612pcm |
| April 2016 | 7.5% | £637pcm |
| April 2015 | 6.6% | £593pcm |
| April 2014 | 5.1% | £556pcm |
| April 2013 | 3.2% | £529pcm |
| April 2012 | 4.8% | £513pcm |
| April 2011 | 5.5% | £489pcm |
| April 2010 | 0.5% | £464pcm |
| April 2009 | -7% | £461pcm |
| April 2008 | 7% | £496pcm |
| April 2007 | 0% | £463pcm |
The last sale was on 16th August 2021 for £276,000 and since then the market in the area has increased by 5.6%. The postcode has had a total of 11 sales since 1995.
SM3 8PZ has seen no sales in the last three years and no sales in the last twelve months.
SM3 8PZ is the 25th largest and the most expensive postcode out of the 360 postcodes in the SM3 area.
Be the first Estate
Agent here!
The closest station to SM3 8PZ is Cheam station which is 300 metres away.
Be the first Estate
Agent here!