Local market reports › SE area › SE15 › SE15 2
Peckham market report SE15 2, London
The SE15 2 (Peckham) house price history in full, 1995 to 2026, in cash and in today's money. The raw material for this page is 4,303 HM Land Registry entries for SE15 2 (London), going back to 1995: each an actual purchase at an actual price. Rents come from the ONS. Valuations, estimates and asking prices appear nowhere in it.
Sales recorded to 2026; rents are ONS figures for May 2026. The page rebuilds with each monthly release. Page updated 19 October 2026.
In short: a typical SE15 2 (London) home changed hands for £423,000 in 2026 (median of 53 registered sales, down 23% on five years earlier), with the mean at £525,600, and by floor area homes here have averaged about £7,210 per square metre over the last five years. Source: 4,303 completed sales on the HM Land Registry record since 1995, updated with each monthly release. No valuations, no asking prices.
A postcode sector like SE15 2 is a single group of streets within SE15 (London), the finest slice the public record supports. Fewer sales stand behind each figure than at district level, so the lines jump about more.
Where SE15 2 sits
Shaded by median price on the same scale as the average prices map. Click any shape to open it on the live map with every sale plotted at its address, or zoom in past street level to see the sold homes right here.
What SE15 2 homes really sell for
In the SE15 2 property market, the 2026 median sale price is £423,000, from 53 registered sales; the mean, the "average house price" most sites quote, is £525,600, sitting well clear of it: the mark of a market where a small number of costly homes drag the average upwards.
Price per square metre in SE15 2
Averaged across five years of sales, floor space in SE15 2 costs about £7,210 per square metre. Each sale's Energy Performance Certificate supplies the floor area, and pricing by the metre is what lets flats and houses share one scale.
For scale: the England and Wales median is £285,000, so SE15 2 trades 48% above the country as a whole.
The price of a typical SE15 2 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.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £423,000 | £423,000 | 53 |
| 2025 | £500,000 | £511,957 | 127 |
| 2024 | £480,000 | £510,339 | 129 |
| 2023 | £430,000 | £472,465 | 120 |
| 2022 | £590,000 | £691,842 | 149 |
| 2021 | £550,000 | £696,371 | 168 |
| 2020 | £466,500 | £605,293 | 162 |
| 2019 | £450,000 | £589,842 | 130 |
| 2018 | £455,000 | £606,524 | 107 |
| 2017 | £515,000 | £702,408 | 169 |
| 2016 | £442,500 | £619,062 | 160 |
| 2015 | £421,500 | £595,580 | 158 |
| 2014 | £329,000 | £466,744 | 140 |
| 2013 | £265,100 | £381,452 | 146 |
| 2012 | £250,000 | £367,969 | 117 |
| 2011 | £225,000 | £339,663 | 85 |
| 2010 | £243,000 | £381,087 | 87 |
| 2009 | £223,800 | £359,760 | 50 |
| 2008 | £240,000 | £393,411 | 89 |
| 2007 | £225,000 | £381,663 | 215 |
| 2006 | £200,000 | £347,174 | 184 |
| 2005 | £180,000 | £320,327 | 145 |
| 2004 | £167,800 | £304,758 | 124 |
| 2003 | £172,500 | £317,787 | 138 |
| 2002 | £157,500 | £296,335 | 175 |
| 2001 | £139,500 | £268,182 | 201 |
| 2000 | £120,000 | £235,500 | 183 |
| 1999 | £78,800 | £157,044 | 170 |
| 1998 | £75,500 | £152,402 | 132 |
| 1997 | £57,100 | £117,101 | 126 |
| 1996 | £48,500 | £102,284 | 78 |
| 1995 | £50,000 | £108,692 | 86 |
In cash terms the typical SE15 2 home went from £50,000 in 1995 to £423,000 in 2026, roughly 8 times the price. Inflation explains only part of it: in today's money the rise is still about 289%, a genuine increase in what a home here costs. In inflation-adjusted terms the high-water mark was 2017. The market now sits about 40% below it, so a peak-time purchase has yet to recover its real value.
Year-on-year change in the SE15 2 median
Each bar is the change on the year before, in cash. The zero line is the boundary between rising and falling.
The strongest year on record here is 2000 (+52.3% on the year before); the weakest, 2023 (−27.1%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
Growth per year, over one to twenty years
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 year (since 2025) | −15.4% | −17.4% |
| 5 years (since 2021) | −5.1% | −9.5% |
| 6 years (since 2020) | −1.6% | −5.8% |
| 10 years (since 2016) | −0.4% | −3.7% |
| 20 years (since 2006) | +3.8% | +1.0% |
The table annualises median growth over each period, with the real column deflated by ONS CPIH. Smoothing hides the cycle (see the chart above for it), and none of this forecasts: it is the record.
Sales activity in SE15 2
How many homes change hands
Annual recorded sales. The post-2008 trough is the financial crisis; treat the final bar as provisional while registrations catch up.
SE15 2 recorded 53 sales in the last twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 171 sales a year before the financial crisis and 116 a year over the last five. Price without volume misleads: a median built on few sales jumps around, and one street can tilt it. Keep in mind too that the latest year is still filling in, since sales reach the register weeks or months after completion.
What tenants pay around SE15 2
For renting purposes SE15 2 sits in Southwark. The ONS average private rent there is £2,394 a month (May 2026). The spread runs from £1,814 a month for a typical one-bed to £3,491 at four-plus bedrooms, which is size doing most of the pricing.
Average monthly rent by size, Southwark
ONS Price Index of Private Rents, May 2026.
£2,394 a month is £28,728 a year, which against the £423,000 median sold price makes a gross yield of 6.8%. Gross means before letting costs, voids, maintenance and tax: treat it as a ceiling. The ONS publishes rents by local authority, so neighbouring districts under the same authority share these numbers.
The shape of the SE15 2 market
Only 53 sales completed here in the last twelve months of data, which makes SE15 2 a thin market. Each figure rests on few transactions, so single streets can swing the median and the charts deserve a sceptical squint. The record here is jumpy: year-on-year moves of ten per cent or more are common in the chart above, mostly a function of which homes happened to sell rather than the market lurching. Within SE15, this sector trades 19% below the district median: one of its district's cheaper corners.
What people ask about SE15 2 (Peckham)
How much did a house sell for in SE15 2 (Peckham)?
Are property prices falling in SE15 2 (Peckham)?
Is SE15 2 (Peckham) a good place to buy a house?
Are SE15 2 prices heading up or down?
That question has no honest answer, only evidence. The evidence: the median is down 23% over five years in cash but down 39% after inflation. Weigh the volume chart alongside the price one before deciding anything, and bear in mind every figure is a completed sale that reached the register weeks after completion.
What is for sale in SE15 right now
This is what you could actually buy today: 49 homes currently on the market from 10 agents publishing to HomesIndex.
These cover the whole SE15 district, not just SE15 2: live asking prices are collected per district.
Of everything listed here, 14% asks less than the sold record of comparable homes. Every listing is measured against recent recorded sales of similar nearby homes.
"Under comparable sales" means the asking price sits below what similar homes nearby actually fetched. Treat it as the start of a conversation, never a valuation, and always view the home.
See every SE15 home for sale on the map →
Live asking prices from estate agents who publish a feed to HomesIndex, refreshed every Monday and Thursday: a sample of the market, not every home for sale. Asking prices are not sale prices.
What another bedroom costs in SE
Real sold prices by size across the SE area, straight from the Land Registry record. The jump between sizes is local: in some areas a third bedroom adds a quarter to the price, in others nearly four fifths, so a national rule of thumb will mislead you here.
| Type | 1 bed | 2 bed | 3 bed | 4 bed | 5 bed |
|---|---|---|---|---|---|
| Detached | £480,000 | — | £670,000 | £850,000 (+27%) | £1,276,500 (+50%) |
| Semi-detached | £375,000 | £475,000 (+27%) | £597,500 (+26%) | £815,000 (+36%) | £1,233,000 (+51%) |
| Terraced | £378,500 | £445,000 (+18%) | £580,000 (+30%) | £786,000 (+36%) | £960,000 (+22%) |
| Flat | £330,000 | £425,000 (+29%) | £530,000 (+25%) | £650,000 (+23%) | £785,000 (+21%) |
Four years of recorded sales, split by built form and bedroom count. The register does not state bedrooms, so sizes come from each home's EPC record and a few homes will land one size out. Blank cells mean too few homes for the figure to mean anything.
The risers and the 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.
Other sectors in SE15
Sector boundaries hide real price steps. The rest of SE15, one report each:
| Sector | Median (latest) | Sales that year |
|---|---|---|
| SE15 1 | £533,000 | 13 |
| SE15 3 | £530,000 | 67 |
| SE15 4 | £900,000 | 50 |
| SE15 5 | £515,000 | 33 |
| SE15 6 | £390,000 | 31 |
Zoom out to the full SE15 district report for the type split, monthly volumes and how SE15 compares with its neighbours.
Selling a home in SE15 2? Price it on the evidence
Ground the asking price in real sold prices first. The average prices map gives a rough value in a minute: start at SE15 2's shading and zoom to the sold homes on the street itself. Agents work from this same Land Registry record when they value; this page puts it in front of you before they arrive.
Go deeper
The AI answers from the same Land Registry data this report is built on, already scoped to SE15 2. Free after a one click sign in.
The live map plots every individual SE15 2 sale at its exact address, and the average prices map zooms from neighbourhood shading to single homes. For a specific question, the report tool writes a custom answer, and any sale's mortgage and rent calculator runs the numbers on a real purchase.
Method, briefly: HM Land Registry Price Paid Data (Crown copyright, OGL v3.0) supplies every sale, geocoded to address level; CPIH from the ONS restates prices in today's money; ONS local-authority figures supply the rents. Medians of real sales, not valuations. No part of this page is financial advice.