I have a standard pumped system with a 3-way valve in the airing cupboard at the top of the house. The system runs normally, providing normal hot water and heating. When the 3-way valve operates, however, there is a surging/swirling noise like a sudden flow of water, or like a bottle being filled up. It is also very noticeable when the system starts up in the morning. It stops quickly and everything settles down normally. The boiler seems fine, inlet and outlet temperatures are normal. I've put the pump down to minimum speed (3-speed Bosch pump) to reduce noise in the house; I've tried increasing the speed but it doesn't seem to make any difference. System is 16 years old, was flushed out last year, new pump fitted, is treated with Fernox. There is no air in the radiators, the system has an air eliminator on the main circuit from the pump, and another on the inlet to the tank. Any thoughts on what might be causing this would be very welcome.