Park Road - SM3 8QB
Key Postcode Insights
SM3 8QB is a residential postcode situated on Park Road, Cheam, Sutton, SM3 with 21 addresses.
It ranks as the 156th largest and 110th most expensive of the 358 postcodes in the SM3 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 21 properties: 11 houses and 10 flats.
- Ave. Sale Price
- £500,051
- 10 Year change
- up 15.5%
- Ave. Rental Price
- £2,075pcm
- 10 Year change
- up 45.3%
- Ave. £ per ft²
- £551/ft²
- Ave. Gross Yield
- 5.0%/year/yr
Key Postcode Insights
SM3 8QB is a residential postcode situated on Park Road, Cheam, Sutton, SM3 with 21 addresses.
It ranks as the 156th largest and 110th most expensive of the 358 postcodes in the SM3 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 21 properties: 11 houses and 10 flats.
- Ave. Sale Price
- £500,051
- 10 Year change
- up 15.5%
- Ave. Rental Price
- £2,075pcm
- 10 Year change
- up 45.3%
- Ave. £ per ft²
- £551/ft²
- Ave. Gross Yield
- 5.0%/year/yr
Explore Propertiesin SM3 8QB
- 1 Park Road
Mid-century Building | 9 Units
- 3 Park Road
4 Bed Period House
- 5 Park Road
5 Bed Period House
- 7 Park Road
Unknown
- 9 Park Road
3 Bed Mid-century House
Sales Market Trends
The last sale in SM3 8QB sold for £650,000 on 19th September 2025. Since then prices are down an average of 0.5%.
The current average value in the postcode is £500,051.
The SM3 8QB Sales Market has increased by 15.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.1% | £500,051 |
| June 2025 | 0.1% | £505,397 |
| June 2024 | -2.6% | £504,762 |
| June 2023 | 0% | £518,323 |
| June 2022 | 9.2% | £518,092 |
| June 2021 | 5.8% | £474,496 |
| June 2020 | 2.3% | £448,669 |
| June 2019 | -0.7% | £438,577 |
| June 2018 | -1% | £441,465 |
| June 2017 | 3% | £446,031 |
| June 2016 | 12.3% | £432,967 |
| June 2015 | 8.1% | £385,558 |
| June 2014 | 16% | £356,798 |
| June 2013 | 5.7% | £307,572 |
| June 2012 | 2.7% | £291,072 |
| June 2011 | -0.6% | £283,464 |
| June 2010 | 17.6% | £285,234 |
| June 2009 | -12.4% | £242,563 |
| June 2008 | -3.3% | £277,015 |
| June 2007 | 0% | £286,613 |
Rental Market Trends
The current average rental value in the postcode is £2,075.
The SM3 8QB Rental Market has increased by 45.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.7% | £2,075pcm |
| June 2025 | 1% | £2,020pcm |
| June 2024 | 5% | £2,000pcm |
| June 2023 | 13.3% | £1,905pcm |
| June 2022 | 10.6% | £1,681pcm |
| June 2021 | 3.4% | £1,521pcm |
| June 2020 | 3.6% | £1,471pcm |
| June 2019 | 2.4% | £1,419pcm |
| June 2018 | 0.9% | £1,386pcm |
| June 2017 | -3.9% | £1,373pcm |
| June 2016 | 4.6% | £1,428pcm |
| June 2015 | 4.6% | £1,365pcm |
| June 2014 | 6% | £1,304pcm |
| June 2013 | 3.6% | £1,231pcm |
| June 2012 | 5.3% | £1,188pcm |
| June 2011 | 6.1% | £1,128pcm |
| June 2010 | 8.6% | £1,064pcm |
| June 2009 | -6% | £980pcm |
| June 2008 | 5.1% | £1,042pcm |
| June 2007 | 0% | £991pcm |
Sales History
The last sale was on 19th September 2025 for £650,000 and since then the market in the area has decreased by 0.5%. The postcode has had a total of 29 sales since 1995.
SM3 8QB has seen 2 sales in the last three years and 1 sale in the last twelve months.
- Sold Sep 2025£650,000 | 3 Bed House9, Park Road, Sutton, SM3 8QB9, Park Road, Sutton, SM3 8QB
- Sold Oct 2024£250,000 | 2 Bed Flat1H, Park Road, Sutton, SM3 8QB1H, Park Road, Sutton, SM3 8QB
- Sold Jul 2020£191,000 | 2 Bed Flat1J, Park Road, Sutton, SM3 8QB1J, Park Road, Sutton, SM3 8QB
- Sold Aug 2019£510,000 | 5 Bed House5, Park Road, Sutton, SM3 8QB5, Park Road, Sutton, SM3 8QB
- Sold Apr 2018£530,000 | 4 Bed House14, Park Road, Sutton, SM3 8QB14, Park Road, Sutton, SM3 8QB
Nearby Postcodes
SM3 8QB is the 156th largest and the 110th most expensive postcode out of the 358 postcodes in the SM3 area.
- SM3 8PX, Rushmon Place, Cheam, Sutton, SM3SM3 8PX10 Addresses|47 m away
- SM3 8BD, The Broadway, Cheam, Sutton, SM3SM3 8BD17 Addresses|65 m away
- SM3 8QA, Park Road, Cheam, Sutton, SM3SM3 8QA6 Addresses|67 m away
- SM3 8BL, The Broadway, Cheam, Sutton, SM3SM3 8BL9 Addresses|78 m away
- SM3 8QD, Malden Road, Cheam, Sutton, SM3SM3 8QD4 Addresses|81 m away
Property Types
- 3 period houses built between 1800 and 1911
- 1 modern house built after 1980
- 1 mid-century house built between 1936 and 1979
- 11 mid-century flats built between 1936 and 1979
- 5 other addresses of unknown type
- period house (3)
- modern house (1)
- mid-century house (1)
- mid-century flat (11)
- Unknown (5)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 13 properties.
- The most common rating is D.
- A (0)
- E (2)
- B (0)
- F (2)
- C (4)
- G (0)
- D (5)
- No EPC (8)
Top 3 Most Expensive Sales
Schools Nearby
- St Dunstan's Cheam CofE Primary School400 m away
- Cheam Fields Primary Academy600 m away
- Cuddington Croft Primary School and Nursery1.0 km away
- Nonsuch High School for Girls700 m away
- Cheam High School800 m away
- Overton Grange School1.6 km away
More reading links
Public Transport Nearby
The closest station to SM3 8QB is Cheam station, which is 500 metres away.
- Cheam|500 m away
- West Sutton|1.1 km away
- Sutton (London)|1.7 km away
- Belmont|2.1 km away
