Local market reports › SE area › SE15 › SE15 3
Peckham market report SE15 3, London
The standing SE15 3 (Peckham) property market report, rebuilt from the full public record every month. Everything below comes from 5,791 sales recorded by HM Land Registry in SE15 3 (London) since 1995, real completion prices from real purchases, alongside the ONS's current rent figures. No valuations, no estimates, no asking prices.
Covers registered sales to 2026 and ONS rents for May 2026. Refreshed monthly as new sales reach the register.
In short: the typical home in SE15 3 (London) sold for £520,000 in 2026, the median of 59 registered sales, down 6% on five years earlier. The mean was £620,600, and by floor area homes here have averaged about £7,740 per square metre over the last five years. The figures cover 5,791 sales recorded by HM Land Registry since 1995 and refresh with each monthly release: completed sale prices, not valuations or asking prices.
A postcode sector like SE15 3 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 3 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.
The going rate for a home in SE15 3
The 2026 median for SE15 3 is £520,000, taken from 59 registered sales. The mean, which is what most sites call the "average house price", is £620,600, well above it, the signature of a heavy top tail: a handful of expensive sales lifting the average.
House prices per square metre in SE15 3
Per square metre, SE15 3 homes have averaged around £7,740 over the last five years of sales. The floor areas behind the figure come from Energy Performance Certificates, and the by-the-metre view is the fair comparison across home sizes.
Set against the £285,000 England and Wales median, SE15 3 sits 82% above the national market.
A typical SE15 3 home, priced year by year (1995 to 2026)
Two lines: the median in the money of its day, and the same years restated by ONS CPIH into today's money, which is the truer test of getting dearer. Hover for exact figures; click a legend entry to isolate a series.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £520,000 | £520,000 | 59 |
| 2025 | £575,000 | £588,750 | 161 |
| 2024 | £604,000 | £642,176 | 163 |
| 2023 | £530,000 | £582,341 | 133 |
| 2022 | £575,000 | £674,253 | 171 |
| 2021 | £554,200 | £701,689 | 200 |
| 2020 | £527,500 | £684,442 | 132 |
| 2019 | £514,000 | £673,731 | 145 |
| 2018 | £515,000 | £686,505 | 149 |
| 2017 | £522,000 | £711,956 | 147 |
| 2016 | £470,000 | £657,535 | 179 |
| 2015 | £430,000 | £607,590 | 193 |
| 2014 | £380,000 | £539,096 | 207 |
| 2013 | £310,000 | £446,059 | 225 |
| 2012 | £291,200 | £428,610 | 154 |
| 2011 | £267,000 | £403,067 | 151 |
| 2010 | £266,200 | £417,470 | 148 |
| 2009 | £265,000 | £425,990 | 120 |
| 2008 | £250,000 | £409,803 | 115 |
| 2007 | £249,000 | £422,373 | 261 |
| 2006 | £219,000 | £380,156 | 276 |
| 2005 | £222,500 | £395,960 | 214 |
| 2004 | £200,000 | £363,239 | 286 |
| 2003 | £180,000 | £331,604 | 199 |
| 2002 | £160,500 | £301,979 | 246 |
| 2001 | £147,000 | £282,600 | 218 |
| 2000 | £115,000 | £225,688 | 196 |
| 1999 | £85,000 | £169,401 | 231 |
| 1998 | £78,000 | £157,449 | 213 |
| 1997 | £62,500 | £128,175 | 212 |
| 1996 | £56,000 | £118,101 | 165 |
| 1995 | £55,300 | £120,214 | 122 |
In cash terms the typical SE15 3 home went from £55,300 in 1995 to £520,000 in 2026, roughly 9 times the price. Inflation explains only part of it: in today's money the rise is still about 333%, a genuine increase in what a home here costs. In inflation-adjusted terms the high-water mark was 2017. The market now sits about 27% below it, so a peak-time purchase has yet to recover its real value.
Year-on-year change in the SE15 3 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 (+35.3% on the year before); the weakest, 2026 (−9.6%). 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 years (since 2025) | −9.6% | −11.7% |
| 5 years (since 2021) | −1.3% | −5.8% |
| 10 years (since 2016) | +1.0% | −2.3% |
| 20 years (since 2006) | +4.4% | +1.6% |
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.
Sales activity in SE15 3
The year-by-year sales count
Each bar is a year's recorded sales. 2008's dip is the financial crisis, and the newest bar always grows for a while as late registrations arrive.
Over the last twelve months of data, 59 sales completed in SE15 3. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 237 sales a year before the financial crisis and 137 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 3
SE15 3 falls under Southwark, where the ONS puts the average private rent at £2,394 a month (May 2026 figures). 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.
Set against the £520,000 median sold price, £2,394 a month is £28,728 a year, a gross yield of 5.5%: 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.
Reading the SE15 3 market
Only 59 sales completed here in the last twelve months of data, which makes SE15 3 a thin market. Each figure rests on few transactions, so single streets can swing the median and the charts deserve a sceptical squint.
What people ask about SE15 3 (Peckham)
Is SE15 3 (Peckham) a good place to buy a house?
How much did a house sell for in SE15 3 (Peckham)?
Are property prices falling in SE15 3 (Peckham)?
Will SE15 3 prices rise from here?
The record answers a different question than "what happens next": the median is down 6% over five years in cash but down 26% after inflation. Put the volume chart beside the price chart before drawing conclusions, and allow for the register's lag behind actual completions.
What you could buy in SE15 now
This is what you could actually buy today: 72 homes currently on the market from 12 agents publishing to HomesIndex.
These cover the whole SE15 district, not just SE15 3: live asking prices are collected per district.
26% of current listings sit under the prices comparable homes actually fetched. Each listing is compared with recent recorded sales of similar homes nearby.
"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 →
These asking prices come live from estate agents publishing feeds to HomesIndex, refreshed each Monday and Thursday. They are a sample of the market rather than its entirety, and an asking price is not a sale price.
The price of an extra bedroom in SE
What homes of each size actually sold for across the SE area, from the Land Registry record. How much a size step costs is a local fact: the third-bedroom premium runs from about a quarter to nearly four fifths depending on the area, and national rules of thumb miss it.
| Type | 1 bed | 2 bed | 3 bed | 4 bed | 5 bed |
|---|---|---|---|---|---|
| Detached | — | £516,250 | £795,000 (+54%) | £1,325,000 (+67%) | £2,025,000 (+53%) |
| Semi-detached | £375,000 | £480,000 (+28%) | £613,025 (+28%) | £870,000 (+42%) | £1,390,000 (+60%) |
| Terraced | £405,000 | £475,000 (+17%) | £630,000 (+33%) | £878,697 (+39%) | £1,275,000 (+45%) |
| Flat | £345,000 | £465,000 (+35%) | £645,000 (+39%) | £885,000 (+37%) | — |
Built from the last four years of recorded sales by form and bedroom count. Bedroom counts are estimated from EPC records (the register carries none), so expect a small number of homes one size adrift. Sizes with too few homes to be meaningful are left blank.
The risers and the fallers
The spread across the SE area is the point: the same five years treated these districts very differently.
Winners and losers across the SE area, five years
The biggest risers and fallers in cash terms; every row links to that district's report.
Other sectors in SE15
A few minutes' walk can separate two very different markets. Here are SE15's other sectors, each with its own report:
| Sector | Median (latest) | Sales that year |
|---|---|---|
| SE15 1 | £570,000 | 11 |
| SE15 2 | £457,500 | 44 |
| SE15 4 | £933,900 | 40 |
| SE15 5 | £539,000 | 30 |
| SE15 6 | £392,200 | 30 |
Zoom out to the full SE15 district report for the type split, monthly volumes and how SE15 compares with its neighbours.
Before you sell in SE15 3: what the record supports
Ground the asking price in real sold prices first. The average prices map gives a rough value in a minute: start at SE15 3'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.
For local estate agents: each district report carries one featured-agent spot, free while founding places last. Claim SE15 3.
Dig further
Answers come from the same Land Registry data behind this report, and the AI knows you are asking about SE15 3. Free, with a one click sign in.
The live map plots every individual SE15 3 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.