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Local market reports › SE

SE local market report South East London

Every figure on this page comes from the public record: 482,567 sales registered with HM Land Registry in the SE postcode area (South East London) since 1995, each one a completed purchase at a real price, plus current rental figures from the ONS. Nothing here is a valuation, an estimate or an asking price.

Sales data to May 2026. Rents: ONS, May 2026. Regenerated with every monthly data refresh.

SE is the postcode area centred on South East London, taking in 28 districts. Figures this wide smooth over big local differences, so use the district reports below for anywhere specific.

Where SE sits

Click the map to open SE on the live map, with every sale plotted at its address. The average pricing view shades the whole country the same way.

BRECECRWCSWSMNWWDARMHAKTUBTWSE
£450,000median sold price, 2026
-3%five-year change (cash)
9,531sales in the last 12 months
4.9%gross rental yield (est.)

What a home in SE sells for

The 2026 median in SE is £450,000, from 2,588 registered sales; the mean, £545,700, sits well above it, the signature of a heavy top tail: a handful of expensive sales lifting the average.

For scale: the England and Wales median is £274,000, so SE trades 64% above the country as a whole.

The price of a typical SE home, 1995 to 2026

The median as recorded at the time, and each year restated in today's money (ONS CPIH), the sharper test of whether homes really got dearer. Hover for the year-by-year figures; click a legend entry to isolate a series.

Price at the timeIn today's money (CPIH)
£250k£500k£750k£1.00M1995200020052010201520202026 1995: £59,800 at the time · £126,960 in today's money · 10,782 sales1996: £62,000 at the time · £127,701 in today's money · 13,567 sales1997: £69,000 at the time · £138,200 in today's money · 16,996 sales1998: £78,000 at the time · £153,771 in today's money · 16,810 sales1999: £90,000 at the time · £175,176 in today's money · 19,485 sales2000: £115,000 at the time · £220,417 in today's money · 18,734 sales2001: £133,000 at the time · £249,714 in today's money · 20,206 sales2002: £155,000 at the time · £284,820 in today's money · 21,416 sales2003: £175,000 at the time · £314,863 in today's money · 18,726 sales2004: £189,000 at the time · £335,244 in today's money · 20,227 sales2005: £200,000 at the time · £347,607 in today's money · 17,400 sales2006: £217,000 at the time · £367,887 in today's money · 21,000 sales2007: £235,000 at the time · £389,316 in today's money · 20,810 sales2008: £240,000 at the time · £384,223 in today's money · 9,471 sales2009: £235,000 at the time · £368,942 in today's money · 7,810 sales2010: £250,000 at the time · £382,908 in today's money · 10,207 sales2011: £250,000 at the time · £368,590 in today's money · 10,619 sales2012: £265,000 at the time · £380,938 in today's money · 11,658 sales2013: £290,000 at the time · £407,536 in today's money · 14,944 sales2014: £330,000 at the time · £457,229 in today's money · 17,193 sales2015: £380,000 at the time · £524,400 in today's money · 17,477 sales2016: £412,500 at the time · £563,614 in today's money · 16,015 sales2017: £440,000 at the time · £586,100 in today's money · 15,599 sales2018: £442,500 at the time · £576,085 in today's money · 15,153 sales2019: £450,000 at the time · £576,067 in today's money · 14,038 sales2020: £465,000 at the time · £589,256 in today's money · 12,758 sales2021: £465,000 at the time · £575,000 in today's money · 17,349 sales2022: £475,000 at the time · £543,983 in today's money · 15,173 sales2023: £460,000 at the time · £493,624 in today's money · 11,864 sales2024: £470,000 at the time · £488,036 in today's money · 13,581 sales2025: £468,000 at the time · £468,000 in today's money · 12,911 sales2026: £450,000 at the time · £450,000 in today's money · 2,588 sales
See this chart as a table
YearMedian (cash)Median (today's £)Sales
2026£450,000£450,0002,588
2025£468,000£468,00012,911
2024£470,000£488,03613,581
2023£460,000£493,62411,864
2022£475,000£543,98315,173
2021£465,000£575,00017,349
2020£465,000£589,25612,758
2019£450,000£576,06714,038
2018£442,500£576,08515,153
2017£440,000£586,10015,599
2016£412,500£563,61416,015
2015£380,000£524,40017,477
2014£330,000£457,22917,193
2013£290,000£407,53614,944
2012£265,000£380,93811,658
2011£250,000£368,59010,619
2010£250,000£382,90810,207
2009£235,000£368,9427,810
2008£240,000£384,2239,471
2007£235,000£389,31620,810
2006£217,000£367,88721,000
2005£200,000£347,60717,400
2004£189,000£335,24420,227
2003£175,000£314,86318,726
2002£155,000£284,82021,416
2001£133,000£249,71420,206
2000£115,000£220,41718,734
1999£90,000£175,17619,485
1998£78,000£153,77116,810
1997£69,000£138,20016,996
1996£62,000£127,70113,567
1995£59,800£126,96010,782

In cash terms the typical SE home went from £59,800 in 1995 to £450,000 in 2026, roughly 8 times the price. Even after inflation that is a real rise of about 254%: homes here genuinely became dearer, not just more expensive on paper. Measured in today's money the market peaked in 2020; the current median sits about 24% below that. Someone who bought at the 2020 peak has not yet seen that price back in real terms.

Year-on-year change in the SE median

Each bar is the change on the year before, in cash. The zero line is the boundary between rising and falling.

+50% -50% 0% 1996 · +3.7% on the year before1997 · +11.3% on the year before1998 · +13.0% on the year before1999 · +15.4% on the year before2000 · +27.8% on the year before2001 · +15.7% on the year before2002 · +16.5% on the year before2003 · +12.9% on the year before2004 · +8.0% on the year before2005 · +5.8% on the year before2006 · +8.5% on the year before2007 · +8.3% on the year before2008 · +2.1% on the year before2009 · −2.1% on the year before2010 · +6.4% on the year before2011 · +0.0% on the year before2012 · +6.0% on the year before2013 · +9.4% on the year before2014 · +13.8% on the year before2015 · +15.2% on the year before2016 · +8.6% on the year before2017 · +6.7% on the year before2018 · +0.6% on the year before2019 · +1.7% on the year before2020 · +3.3% on the year before2021 · +0.0% on the year before2022 · +2.2% on the year before2023 · −3.2% on the year before2024 · +2.2% on the year before2025 · −0.4% on the year before2026 · −3.8% on the year before200020052010201520202026

The strongest year on record here is 2000 (+27.8% on the year before); the weakest, 2026 (−3.8%). Single-year swings like these are why the annualised table below matters more than any one year's headline.

Annualised returns

PeriodCash, per yearReal terms, per year
1 years (since 2025)−3.8%−3.8%
5 years (since 2021)−0.7%−4.8%
10 years (since 2016)+0.9%−2.2%
20 years (since 2006)+3.7%+1.0%

Compound annual growth of the median sold price; the real column deflates by ONS CPIH. Annualised figures smooth the cycle (the chart above shows the cycle), and past growth is a record, not a forecast.

Transaction volumes

How many homes change hands

Recorded sales per year. The dip after 2008 is the financial crisis; the last bar is still filling in as recent sales get registered.

13k25k 1995: 10,782 sales1996: 13,567 sales1997: 16,996 sales1998: 16,810 sales1999: 19,485 sales2000: 18,734 sales2001: 20,206 sales2002: 21,416 sales2003: 18,726 sales2004: 20,227 sales2005: 17,400 sales2006: 21,000 sales2007: 20,810 sales2008: 9,471 sales2009: 7,810 sales2010: 10,207 sales2011: 10,619 sales2012: 11,658 sales2013: 14,944 sales2014: 17,193 sales2015: 17,477 sales2016: 16,015 sales2017: 15,599 sales2018: 15,153 sales2019: 14,038 sales2020: 12,758 sales2021: 17,349 sales2022: 15,173 sales2023: 11,864 sales2024: 13,581 sales2025: 12,911 sales2026: 2,588 sales1995200020052010201520202026

The last five years, month by month

Monthly registrations. The sawtooth is seasonal; the register runs weeks behind completions at the right-hand edge.

2,5005,000 June 2021 · 3,630 sales registeredJuly 2021 · 554 sales registeredAugust 2021 · 973 sales registeredSeptember 2021 · 1,822 sales registeredOctober 2021 · 795 sales registeredNovember 2021 · 1,025 sales registeredDecember 2021 · 1,194 sales registeredJanuary 2022 · 906 sales registeredFebruary 2022 · 1,113 sales registeredMarch 2022 · 1,359 sales registeredApril 2022 · 1,121 sales registeredMay 2022 · 1,089 sales registeredJune 2022 · 1,257 sales registeredJuly 2022 · 1,459 sales registeredAugust 2022 · 1,482 sales registeredSeptember 2022 · 1,420 sales registeredOctober 2022 · 1,425 sales registeredNovember 2022 · 1,298 sales registeredDecember 2022 · 1,244 sales registeredJanuary 2023 · 1,019 sales registeredFebruary 2023 · 912 sales registeredMarch 2023 · 1,095 sales registeredApril 2023 · 673 sales registeredMay 2023 · 823 sales registeredJune 2023 · 933 sales registeredJuly 2023 · 1,076 sales registeredAugust 2023 · 1,089 sales registeredSeptember 2023 · 1,175 sales registeredOctober 2023 · 1,073 sales registeredNovember 2023 · 1,014 sales registeredDecember 2023 · 982 sales registeredJanuary 2024 · 763 sales registeredFebruary 2024 · 840 sales registeredMarch 2024 · 1,132 sales registeredApril 2024 · 951 sales registeredMay 2024 · 1,202 sales registeredJune 2024 · 1,117 sales registeredJuly 2024 · 1,269 sales registeredAugust 2024 · 1,368 sales registeredSeptember 2024 · 1,205 sales registeredOctober 2024 · 1,323 sales registeredNovember 2024 · 1,291 sales registeredDecember 2024 · 1,120 sales registeredJanuary 2025 · 1,078 sales registeredFebruary 2025 · 1,056 sales registeredMarch 2025 · 2,551 sales registeredApril 2025 · 480 sales registeredMay 2025 · 803 sales registeredJune 2025 · 1,137 sales registeredJuly 2025 · 1,151 sales registeredAugust 2025 · 1,018 sales registeredSeptember 2025 · 949 sales registeredOctober 2025 · 1,051 sales registeredNovember 2025 · 852 sales registeredDecember 2025 · 785 sales registeredJanuary 2026 · 632 sales registeredFebruary 2026 · 585 sales registeredMarch 2026 · 648 sales registeredApril 2026 · 500 sales registeredMay 2026 · 223 sales registered

SE recorded 9,531 sales in the last twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 19,815 sales a year before the financial crisis and 11,223 a year over the last five. Volume matters as much as price: when few homes change hands, the median gets jumpy and a single street can move the figure. The most recent year is always still filling in, because sales appear in the Land Registry weeks or months after completion.

What homes rent for around SE

SE falls under Lewisham, the local authority covering most of the SE area (parts fall under Southwark and Greenwich, where rents differ), where the ONS puts the average private rent at £1,821 a month (May 2026 figures). A one-bed averages £1,450 a month here and a four-or-more-bed £2,705, so size does most of the work in setting the rent.

Average monthly rent by size, Lewisham

ONS Price Index of Private Rents, May 2026.

1 bed: £1,450 a month£1,4501 bed2 bed: £1,782 a month£1,7822 bed3 bed: £2,047 a month£2,0473 bed4+ bed: £2,705 a month£2,7054+ bed

Set against the £450,000 median sold price, £1,821 a month is £21,852 a year, a gross yield of 4.9%: gross, before letting costs, voids, maintenance and tax, so a ceiling rather than a promise. Rents are published at local-authority level, so nearby districts in the same authority share these figures.

Will SE prices rise from here?

Nobody can tell you that, and this page will not pretend to. What the record shows: the median is down 3% over five years in cash but down 22% after inflation. If you are weighing a purchase, read the volume chart alongside the price one, and remember that every figure here is a completed sale, lagged by the weeks it takes the Land Registry to register it.

Ladders and snakes: five-year risers and fallers

The spread across the SE area is the point: the same five years treated these districts very differently.

Five-year change in the median, SE area districts

The biggest risers and fallers in cash terms; every row links to that district's report.

SE28SE28 · +20% over five years · median £365,000+20%SE2SE2 · +14% over five years · median £410,000+14%SE9SE9 · +10% over five years · median £471,200+10%SE4SE4 · +7% over five years · median £590,000+7%SE25SE25 · +7% over five years · median £385,000+7%SE15SE15 · −9% over five years · median £465,000−9%SE24SE24 · −11% over five years · median £580,000−11%SE17SE17 · −13% over five years · median £430,500−13%SE10SE10 · −15% over five years · median £500,000−15%SE1SE1 · −28% over five years · median £502,500−28%

District by district

The area medians above hide a lot. Here is every SE district with enough sales to measure, dearest first; each links to its own full report.

DistrictMedian (2026)5-yearSales
SE22 East Dulwich, Peckham Rye£612,500-3%74
SE21 Dulwich, Dulwich Village£605,000-7%34
SE4 Brockley, Crofton Park£590,000+7%80
SE24 Herne Hill£580,000-11%41
SE11 Kennington£570,000+5%35
SE27 West Norwood£511,800-3%58
SE1 Bankside, Borough£502,500-28%156
SE3 Blackheath, Kidbrooke£500,000+4%123
SE10 Greenwich, Maze Hill£500,000-15%124
SE23 Forest Hill, Honor Oak£498,900+5%107
SE5 Camberwell, Denmark Hill£480,000+4%82
SE7 Charlton£475,000-1%40
SE9 Eltham, Mottingham£471,200+10%154
SE15 Peckham, Nunhead£465,000-9%160
SE16 Rotherhithe, Bermondsey£454,000+0%113
SE12 Lee, Mottingham£450,000+2%72
SE26 Sydenham£432,000-3%85
SE17 Walworth, Newington£430,500-13%46
SE19 Upper Norwood, Crystal Palace£430,000+2%84
SE14 New Cross, Telegraph Hill£427,500-9%57
SE6 Catford, Bellingham£416,000-4%150
SE8 Deptford, Evelyn£412,500+6%73
SE13 Lewisham, Hither Green£411,500+0%137
SE2 Abbey Wood, West Heath£410,000+14%71
SE18 Woolwich, Royal Arsenal£410,000+3%161
SE20 Anerley, Penge£395,000+0%79
SE25 South Norwood£385,000+7%123
SE28 Thamesmead£365,000+20%69

Dig further

See every individual SE sale on the live map, mapped to the exact address, or the quick-reference SE price page. The report tool writes a custom answer to a specific question, and the mortgage and rent calculator on any sale runs the numbers on a real purchase.

How this page is made: the statistics are computed from HM Land Registry Price Paid Data (Crown copyright, OGL v3.0), geocoded to address level; inflation adjustment uses the ONS CPIH index; rents are the ONS Price Index of Private Rents at local-authority level. Medians of recorded sales, not valuations. Nothing on this page is financial advice.