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Postcode Overview
of SM3 8LW
SM3 8LW is a residential postcode located on Priory Road, Cheam, Sutton, SM3. It is the 91st largest postcode in the SM3 area.
It contains 12 flats and the most common type of property is a mid-century flat built between 1936 and 1979.
Average property prices
in SM3 8LW
The average house value is £344,282. Sales values have increased in the last 12 months by 3.4% and Rental values have increased by 4.8%.
Property sale values range from £313,700 for a leasehold flat, with 2 bedrooms split across 537 square feet of gross internal area and has no outside space to £383,541 for a leasehold flat, with 2 bedrooms split across 746 square feet of gross internal area and has no outside space.
Average £/ft2 for properties in SM3 8LW is £547/ft2.
Properties achieve a rental yield of between 5.3% and 5.4%, and rental values range from £1,398 to £1,688 per month.
Recent sales
within SM3 8LW
The last sale was 17 Feb 2023 for £350,000 and since then the market in the area has increased by 3.3%. The postcode has had a total of 4 sales since 1995.
SM3 8LW has seen 2 sales in the last three years and no sales in the last twelve months.
Nearby postcodes
to SM3 8LW
SM3 8LW is the 91st largest and the 60th most expensive postcode out of the 367 postcodes in the SM3 area.
Nearby postcodes
to SM3 8LW
SM3 8LW is the 91st largest and the 60th most expensive postcode out of the 367 postcodes in the SM3 area.
Property types
in SM3 8LW
SM3 8LW is a residential postcode located on Priory Road, Cheam, Sutton, SM3 with 12 flats within its bounds.
The most common property type in SM3 8LW is a mid-century flat built between 1936 and 1979.
Energy Efficiency
of properties within SM3 8LW
The homes with certificates are generally mid-century in style with the most common Energy Performance Certificate (EPC) rating being C.
Schools nearby
to SM3 8LW
Public transport nearby
to SM3 8LW
The closest station to SM3 8LW is West Sutton station which is 1.0 kilometres away.
