SM3 9LT is a residential postcode situated on Violet Close, Sutton, SM3 with 18 addresses.
It ranks as the 135th largest and 9th 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 18 properties: 5 houses and 13 flats.
SM3 9LT is a residential postcode situated on Violet Close, Sutton, SM3 with 18 addresses.
It ranks as the 135th largest and 9th 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 18 properties: 5 houses and 13 flats.
Sale prices range from £237,501 for 2 bedroom leasehold flats (451 ft2) to £468,762 for 3 bedroom freehold houses with a garden (850 ft2) .
Monthly rental prices range from £1,364 pcm for 2 bed flats to £2,227 pcm for 3 bed houses.
The gross rental yield is between 5.3% and 6.9%.
The average value per square foot is £526.
The last sale in SM3 9LT sold for £460,000 on 10th May 2024. Since then prices are up an average of 2.3%.
The current average value in the postcode is £290,193.
The SM3 9LT Sales Market has increased by 21.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0.5% | £290,193 |
| April 2025 | 1.8% | £288,847 |
| April 2024 | -3.4% | £283,738 |
| April 2023 | 3.2% | £293,586 |
| April 2022 | 8.5% | £284,464 |
| April 2021 | 5% | £262,179 |
| April 2020 | 0.4% | £249,696 |
| April 2019 | -0.5% | £248,689 |
| April 2018 | -0.9% | £250,028 |
| April 2017 | 5.2% | £252,180 |
| April 2016 | 14.9% | £239,618 |
| April 2015 | 12.5% | £208,478 |
| April 2014 | 13% | £185,396 |
| April 2013 | 5.8% | £164,029 |
| April 2012 | 2.5% | £155,037 |
| April 2011 | -0.7% | £151,249 |
| April 2010 | 13.6% | £152,320 |
| April 2009 | -16.8% | £134,112 |
| April 2008 | 2.7% | £161,218 |
| April 2007 | 0% | £157,006 |
The current average rental value in the postcode is £1,542.
The SM3 9LT Rental Market has increased by 42.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.6% | £1,542pcm |
| April 2025 | 1.8% | £1,502pcm |
| April 2024 | 5.7% | £1,476pcm |
| April 2023 | 14.4% | £1,397pcm |
| April 2022 | 8.6% | £1,221pcm |
| April 2021 | 2.5% | £1,124pcm |
| April 2020 | 3.7% | £1,096pcm |
| April 2019 | 1.3% | £1,057pcm |
| April 2018 | -0.6% | £1,043pcm |
| April 2017 | -2.8% | £1,049pcm |
| April 2016 | 7% | £1,079pcm |
| April 2015 | 6.3% | £1,008pcm |
| April 2014 | 6.3% | £949pcm |
| April 2013 | 4.5% | £892pcm |
| April 2012 | 6.5% | £854pcm |
| April 2011 | 4.8% | £801pcm |
| April 2010 | 2.6% | £764pcm |
| April 2009 | -7.2% | £745pcm |
| April 2008 | 7.2% | £803pcm |
| April 2007 | 0% | £749pcm |
The last sale was on 10th May 2024 for £460,000 and since then the market in the area has increased by 2.3%. The postcode has had a total of 7 sales since 1995.
SM3 9LT has seen 1 sale in the last three years and no sales in the last twelve months.
SM3 9LT is the 135th largest and the 9th most expensive postcode out of the 360 postcodes in the SM3 area.
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The closest station to SM3 9LT is Sutton Common station which is 1.4 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around SM3 9LT, 38.9% of property is privately rented and 24.0% is privately owned with a mortgage.
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 9LT, 23.4% of residents are recorded as possessing school level qualifications and 29.7% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around SM3 9LT, the average age was 40.6 and the most common age was 42.
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 9LT, 0.3% 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 9LT, there are an average of 0.8 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.