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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
SM3 8SPHouse Prices / London, Sutton, Station Way
Last updated May 2026
Key Postcode Insights
SM3 8SP is a residential postcode situated on Station Way, Cheam, Sutton, SM3 with 19 addresses.
It ranks as the 130th largest and 34th 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 19 properties: 18 flats and 1 other property.
19
Properties
- Flats
- Other (unknown)
Key Postcode Insights
SM3 8SP is a residential postcode situated on Station Way, Cheam, Sutton, SM3 with 19 addresses.
It ranks as the 130th largest and 34th 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 19 properties: 18 flats and 1 other property.
19
Properties
- Flats
- Other (unknown)
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House Pricesin SM3 8SP
Sale prices range from £231,151 for 1 bedroom leasehold flats (441 ft2) to £369,423 for 3 bedroom leasehold flats (1,227 ft2) .
Monthly rental prices range from £1,236 pcm for 1 bed flats to £1,918 pcm for 3 bed flats.
The gross rental yield is between 6.2% and 6.4%.
The average value per square foot is £525.
Average Sale Value
£309,652
Average Rental Value
£1,603 pcm
Average Rental Yield
6.2% /year
Average Value Per Sqft
£525 /ft2
Sales Market Trendsin SM3 8SP
The last sale in SM3 8SP sold for £790,000 on 19th January 2023. Since then prices are down an average of 0.0%.
The current average value in the postcode is £309,652.
The SM3 8SP Sales Market has increased by 6.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0.4% | £309,652 |
| April 2025 | 0.7% | £308,477 |
| April 2024 | -2% | £306,442 |
| April 2023 | 0.1% | £312,728 |
| April 2022 | 5% | £312,282 |
| April 2021 | 2.3% | £297,380 |
| April 2020 | 1.2% | £290,564 |
| April 2019 | -1.5% | £287,097 |
| April 2018 | -3.4% | £291,452 |
| April 2017 | 3.4% | £301,777 |
| April 2016 | 14% | £291,922 |
| April 2015 | 11.5% | £256,058 |
| April 2014 | 13.3% | £229,630 |
| April 2013 | 5.4% | £202,610 |
| April 2012 | 1.8% | £192,316 |
| April 2011 | 0.4% | £188,983 |
| April 2010 | 10.1% | £188,273 |
| April 2009 | -17.3% | £170,976 |
| April 2008 | 3.5% | £206,662 |
| April 2007 | 0% | £199,658 |
Rental Market Trendsin SM3 8SP
The current average rental value in the postcode is £1,603.
The SM3 8SP Rental Market has increased by 29.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.6% | £1,603pcm |
| April 2025 | 1.5% | £1,548pcm |
| April 2024 | 6.5% | £1,525pcm |
| April 2023 | 12.1% | £1,432pcm |
| April 2022 | 5.2% | £1,277pcm |
| April 2021 | 0.3% | £1,215pcm |
| April 2020 | 3.7% | £1,211pcm |
| April 2019 | 1.3% | £1,168pcm |
| April 2018 | -2.5% | £1,154pcm |
| April 2017 | -4.1% | £1,183pcm |
| April 2016 | 6.9% | £1,234pcm |
| April 2015 | 6.7% | £1,155pcm |
| April 2014 | 5.1% | £1,083pcm |
| April 2013 | 3.8% | £1,030pcm |
| April 2012 | 5.3% | £992pcm |
| April 2011 | 5.7% | £942pcm |
| April 2010 | 1.2% | £891pcm |
| April 2009 | -7.2% | £881pcm |
| April 2008 | 7.2% | £949pcm |
| April 2007 | 0% | £885pcm |
Explore Buildingsin SM3 8SP, Station Way, Cheam, Sutton, SM3
- Cheam Court, Station Way, Cheam, Sutton, SM3 Early-century building 16 units
- 9, Station Way, Cheam, Sutton, SM3 Modern building 3 units
Sales Historyin SM3 8SP
The last sale was on 19th January 2023 for £790,000 and since then the market in the area has remained stable. The postcode has had a total of 5 sales since 1995.
SM3 8SP has seen 1 sale in the last three years and no sales in the last twelve months.
Sold Jan 2023£790,000 | 3 Bed FlatCheam Court, Station WayFlat 5, Cheam Court, Station Way, Sutton, SM3 8SP
Sold Apr 2003£165,000 | 3 Bed FlatCheam Court, Station WayFlat 4, Cheam Court, Station Way, Sutton, SM3 8SP
Sold Feb 2003£199,950 | 2 Bed FlatCheam Court, Station WayFlat 7, Cheam Court, Station Way, Sutton, SM3 8SP
Sold Jan 2003£305,000 | 2 Bed Flat9 Cheam Court , Station WayFlat 2, 9 Cheam Court , Station Way, Sutton, SM3 8SP
Sold Jan 2002£185,000 | 2 Bed FlatCheam Court, Station WayFlat 7, Cheam Court, Station Way, Sutton, SM3 8SP
Nearby Postcodesto SM3 8SP
SM3 8SP is the 130th largest and the 34th most expensive postcode out of the 360 postcodes in the SM3 area.
- 36 mSM3 8RL, High Street, Cheam, Sutton, SM3SM3 8RL2 Addresses
- 48 mSM3 8SW, Station Way, Cheam, Sutton, SM3SM3 8SW30 Addresses
- 60 mSM3 8BZ, Ewell Road, Cheam, Sutton, SM3SM3 8BZ37 Addresses
- 65 mSM3 8RJ, High Street, Cheam, Sutton, SM3SM3 8RJ5 Addresses
- 78 mSM3 8RQ, High Street, Cheam, Sutton, SM3SM3 8RQ2 Addresses
- 79 mSM3 8SD, Station Way, Cheam, Sutton, SM3SM3 8SD29 Addresses
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Property Typesin SM3 8SP
- 3 modern flats built after 1980
- 16 early-century flats built between 1912 and 1935
- modern flat (3)
- early-century flat (16)
Energy Efficiencyof properties in SM3 8SP
- Energy Performance Certificate (EPC) surveys conducted for 15 properties.
- The dominant rating is C.
- A (0)
- E (1)
- B (2)
- F (0)
- C (8)
- G (0)
- D (4)
- No EPC (3)
Top 3 Most Expensive Saleson Station Way
- Sold Oct 2020£1,080,000 | 3 Bed FlatCentury House, Station WayFlat 14, Century House, Station Way, Sutton, SM3 8SW
- Sold Jan 2023£790,000 | 3 Bed FlatCheam Court, Station WayFlat 5, Cheam Court, Station Way, Sutton, SM3 8SP
- Sold Nov 2022£585,000 | 3 Bed FlatCentury House, Station WayFlat 19, Century House, Station Way, Sutton, SM3 8SW
Schools Nearbyto SM3 8SP
The nearest primary school to SM3 8SP is St Dunstan's Cheam CofE Primary School which is 209 metres away.
- 209mSt Dunstan's Cheam CofE Primary School
- 778mCuddington Croft Primary School and Nursery
- 856mCheam Fields Primary Academy
The nearest secondary school is Nonsuch High School for Girls which is 559 metres away.
- 559mNonsuch High School for Girls
- 1.0kmCheam High School
- 1.5kmOverton Grange School
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Public Transport Nearbyto SM3 8SP
The closest station to SM3 8SP is Cheam station which is 300 metres away.
- 265mCheam
- 1.3kmWest Sutton
- 1.8kmSutton (London)
- 1.9kmBelmont