SM3 9RQ is a residential postcode situated on Warner Avenue, Cheam, Sutton, SM3 with 12 addresses.
It ranks as the 86th largest and 30th most expensive of the 360 postcodes in the SM3 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 12 properties: 12 flats.
SM3 9RQ is a residential postcode situated on Warner Avenue, Cheam, Sutton, SM3 with 12 addresses.
It ranks as the 86th largest and 30th most expensive of the 360 postcodes in the SM3 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 12 properties: 12 flats.
Sale prices range from £262,908 for 2 bedroom leasehold flats (548 ft2) to £324,478 for 2 bedroom leasehold flats (701 ft2) .
Monthly rental prices range from £1,422 pcm for 2 bed flats to £1,705 pcm for 2 bed flats.
The gross rental yield is between 6.3% and 6.5%.
The average value per square foot is £487.
The last sale in SM3 9RQ sold for £300,000 on 24th June 2024. Since then prices are up an average of 2.5%.
The current average value in the postcode is £300,180.
The SM3 9RQ Sales Market has increased by 9.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.7% | £300,180 |
| April 2025 | 0.9% | £295,138 |
| April 2024 | -2.6% | £292,417 |
| April 2023 | 1.5% | £300,248 |
| April 2022 | 5.2% | £295,823 |
| April 2021 | 2.2% | £281,214 |
| April 2020 | 0.3% | £275,110 |
| April 2019 | -1.1% | £274,283 |
| April 2018 | -3% | £277,403 |
| April 2017 | 4.1% | £285,935 |
| April 2016 | 15.5% | £274,595 |
| April 2015 | 12.9% | £237,776 |
| April 2014 | 11.6% | £210,566 |
| April 2013 | 4.4% | £188,695 |
| April 2012 | 1.1% | £180,769 |
| April 2011 | 0% | £178,805 |
| April 2010 | 11.5% | £178,735 |
| April 2009 | -16.9% | £160,280 |
| April 2008 | 2.8% | £192,798 |
| April 2007 | 0% | £187,570 |
The current average rental value in the postcode is £1,602.
The SM3 9RQ Rental Market has increased by 29.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.9% | £1,602pcm |
| April 2025 | 0.9% | £1,542pcm |
| April 2024 | 6.5% | £1,528pcm |
| April 2023 | 12.5% | £1,435pcm |
| April 2022 | 5.3% | £1,276pcm |
| April 2021 | -0.2% | £1,211pcm |
| April 2020 | 3.6% | £1,214pcm |
| April 2019 | 0.7% | £1,171pcm |
| April 2018 | -2.7% | £1,163pcm |
| April 2017 | -3.8% | £1,195pcm |
| April 2016 | 7.5% | £1,242pcm |
| April 2015 | 6.7% | £1,156pcm |
| April 2014 | 5% | £1,083pcm |
| April 2013 | 3.2% | £1,031pcm |
| April 2012 | 5.1% | £1,000pcm |
| April 2011 | 5.6% | £952pcm |
| April 2010 | 0.8% | £901pcm |
| April 2009 | -7.3% | £894pcm |
| April 2008 | 7.3% | £965pcm |
| April 2007 | 0% | £899pcm |
The last sale was on 24th June 2024 for £300,000 and since then the market in the area has increased by 2.5%. The postcode has had a total of 26 sales since 1995.
SM3 9RQ has seen 1 sale in the last three years and no sales in the last twelve months.
SM3 9RQ is the 86th largest and the 30th most expensive postcode out of the 360 postcodes in the SM3 area.
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The closest station to SM3 9RQ is Sutton Common station which is 1.5 kilometres away.
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