SM3 8RW is a residential postcode situated on High Street, Cheam, Sutton, SM3 with 22 addresses.
It ranks as the 169th largest and 17th most expensive of the 360 postcodes in the SM3 area. The dominant property type is a early-century flat built between 1912 and 1935.
The postcode contains a total of 22 properties: 22 flats.
SM3 8RW is a residential postcode situated on High Street, Cheam, Sutton, SM3 with 22 addresses.
It ranks as the 169th largest and 17th most expensive of the 360 postcodes in the SM3 area. The dominant property type is a early-century flat built between 1912 and 1935.
The postcode contains a total of 22 properties: 22 flats.
Sale prices range from £247,335 for 1 bedroom leasehold flats (441 ft2) to £375,486 for 3 bedroom leasehold flats (861 ft2) .
Monthly rental prices range from £1,247 pcm for 1 bed flats to £1,918 pcm for 3 bed flats.
The gross rental yield is between 5.9% and 6.2%.
The average value per square foot is £545.
The last sale in SM3 8RW sold for £440,000 on 1st September 2023. Since then prices are down an average of 0.1%.
The current average value in the postcode is £282,380.
The SM3 8RW Sales Market has increased by 7.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0.5% | £282,380 |
| April 2025 | 1% | £280,961 |
| April 2024 | -1.7% | £278,077 |
| April 2023 | 0.2% | £282,837 |
| April 2022 | 4.8% | £282,170 |
| April 2021 | 2.7% | £269,251 |
| April 2020 | 1% | £262,259 |
| April 2019 | -1.8% | £259,659 |
| April 2018 | -3.1% | £264,291 |
| April 2017 | 3.6% | £272,800 |
| April 2016 | 14.4% | £263,223 |
| April 2015 | 11.3% | £230,136 |
| April 2014 | 13.5% | £206,724 |
| April 2013 | 5% | £182,107 |
| April 2012 | 1.4% | £173,383 |
| April 2011 | -0.1% | £170,912 |
| April 2010 | 9.7% | £171,095 |
| April 2009 | -17.1% | £155,906 |
| April 2008 | 3.5% | £188,109 |
| April 2007 | 0% | £181,803 |
The current average rental value in the postcode is £1,442.
The SM3 8RW Rental Market has increased by 31.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.7% | £1,442pcm |
| April 2025 | 1.9% | £1,391pcm |
| April 2024 | 6.9% | £1,365pcm |
| April 2023 | 12.2% | £1,277pcm |
| April 2022 | 4.9% | £1,138pcm |
| April 2021 | 0.6% | £1,085pcm |
| April 2020 | 3.5% | £1,078pcm |
| April 2019 | 1% | £1,042pcm |
| April 2018 | -2.2% | £1,032pcm |
| April 2017 | -3.9% | £1,055pcm |
| April 2016 | 7.2% | £1,098pcm |
| April 2015 | 6.5% | £1,024pcm |
| April 2014 | 5.3% | £961pcm |
| April 2013 | 3.5% | £913pcm |
| April 2012 | 5% | £882pcm |
| April 2011 | 5.2% | £841pcm |
| April 2010 | 0.9% | £799pcm |
| April 2009 | -7% | £792pcm |
| April 2008 | 7.1% | £852pcm |
| April 2007 | 0% | £795pcm |
The last sale was on 1st September 2023 for £440,000 and since then the market in the area has decreased by 0.1%. The postcode has had a total of 47 sales since 1995.
SM3 8RW has seen 2 sales in the last three years and no sales in the last twelve months.
SM3 8RW is the 169th largest and the 17th most expensive postcode out of the 360 postcodes in the SM3 area.
Be the first Estate
Agent here!
The closest station to SM3 8RW is Cheam station which is 300 metres away.
Be the first Estate
Agent here!