Local market reports › SE area › SE15
Peckham market report SE15, London
The standing SE15 (Peckham) property market report, rebuilt from the full public record every month. Underneath every chart here sit 20,675 registered sales in SE15 (London) since 1995, the HM Land Registry record of what buyers really paid, with ONS figures covering rents. Nothing is a valuation, an estimate or an asking price.
Sales data to July 2026. Rents: ONS, May 2026. Regenerated with every monthly data refresh.
In short: 214 registered 2026 sales put the SE15 (London) median at £520,000, down 2% on five years earlier, with a mean of £639,400, and by floor area homes here have averaged about £7,640 per square metre over the last five years. Everything rests on 20,675 completed HM Land Registry sales since 1995, refreshed monthly; valuations and asking prices play no part.
The postcode district SE15 covering Peckham, Nunhead sits in London. A district is the workhorse unit for reading a market: local enough to be meaningful, busy enough that the medians rest on a steady flow of sales.
Where SE15 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 a home in SE15 sells for
The SE15 median stands at £520,000 for 2026, built from 214 registered sales; the mean, the figure usually quoted as the "average house price", is £639,400, a long way above it, which tells you a few very expensive sales are pulling the average up.
House prices per square metre in SE15
Measured by floor area, the last five years of SE15 sales average about £7,640 per square metre. Price per square metre is the fair way to compare a one-bed flat with a four-bed house, and it comes from the Energy Performance Certificate on each sold home.
Against a national (England and Wales) median of £285,000, SE15 runs 82% above it.
The price of a typical SE15 home, 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 | 214 |
| 2025 | £532,500 | £545,234 | 694 |
| 2024 | £510,000 | £542,235 | 581 |
| 2023 | £475,000 | £521,909 | 466 |
| 2022 | £540,000 | £633,212 | 658 |
| 2021 | £530,800 | £672,061 | 683 |
| 2020 | £530,000 | £687,686 | 576 |
| 2019 | £500,000 | £655,380 | 518 |
| 2018 | £479,000 | £638,516 | 526 |
| 2017 | £471,700 | £643,351 | 598 |
| 2016 | £438,000 | £612,766 | 657 |
| 2015 | £400,000 | £565,200 | 703 |
| 2014 | £340,200 | £482,633 | 715 |
| 2013 | £290,000 | £417,281 | 748 |
| 2012 | £280,000 | £412,125 | 564 |
| 2011 | £260,000 | £392,500 | 518 |
| 2010 | £250,000 | £392,064 | 533 |
| 2009 | £250,000 | £401,877 | 380 |
| 2008 | £245,000 | £401,607 | 466 |
| 2007 | £237,500 | £402,866 | 969 |
| 2006 | £222,000 | £385,364 | 976 |
| 2005 | £210,000 | £373,715 | 813 |
| 2004 | £190,000 | £345,077 | 936 |
| 2003 | £183,500 | £338,051 | 806 |
| 2002 | £160,000 | £301,039 | 904 |
| 2001 | £140,500 | £270,104 | 814 |
| 2000 | £116,000 | £227,650 | 752 |
| 1999 | £87,500 | £174,383 | 801 |
| 1998 | £78,100 | £157,650 | 650 |
| 1997 | £62,500 | £128,175 | 637 |
| 1996 | £57,000 | £120,210 | 443 |
| 1995 | £54,000 | £117,388 | 376 |
In cash terms the typical SE15 home went from £54,000 in 1995 to £520,000 in 2026, roughly 10 times the price. Inflation explains only part of it: in today's money the rise is still about 343%, a genuine increase in what a home here costs. 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 SE15 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 (+32.6% on the year before); the weakest, 2023 (−12.0%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
Detached, semi, terraced, flat: four markets in one
A single median hides the split beneath it. Sales of flats dominate the record here, 58% of the typed total. In 2024, the last year both were recorded here, a detached home traded at £885,000 against £412,500 for a flat, 2.1 times the price.
Median by property type, SE15
One line per type, years with too few sales omitted. Hover for the year's figures; click a legend entry to isolate a type.
| Type | Median (2026) | Sales that year | All-time sales |
|---|---|---|---|
| Detached | £885,000 (2024) | – | 128 |
| Semi-detached | £1,100,000 | 11 | 1,160 |
| Terraced | £830,000 | 77 | 7,390 |
| Flats | £394,500 | 125 | 11,957 |
What SE15 has returned, per year
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | −2.3% | −4.6% |
| 5 years (since 2021) | −0.4% | −5.0% |
| 10 years (since 2016) | +1.7% | −1.6% |
| 20 years (since 2006) | +4.3% | +1.5% |
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
Sales per year, counted
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.
The last five years, month by month
Registrations by month. The repeating sawtooth is seasonality, and the right-hand edge always dips because the register lags completions.
Over the last twelve months of data, 457 sales completed in SE15. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 871 sales a year before the financial crisis and 523 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
SE15 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.
£2,394 a month is £28,728 a year, which against the £520,000 median sold price makes a gross yield of 5.5%. 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 market
Among the 28 measurable districts of its area, SE15 ranks 8 by median price: firmly in the dearer tier.
Asked and answered: SE15 (Peckham)
How much did a house sell for in SE15 (Peckham)?
Are property prices falling in SE15 (Peckham)?
Is SE15 (Peckham) a good place to buy a house?
Are SE15 prices heading up or down?
The record answers a different question than "what happens next": the median is roughly flat over five years in cash but down 23% after inflation. Put the volume chart beside the price chart before drawing conclusions, and allow for the register's lag behind actual completions.
SE15's current homes for sale
Everything above is what homes in SE15 sold for. Turning to what is actually available: 72 homes on the market right now, from 12 agents publishing to HomesIndex, at a typical asking price 9% below the SE15 median sold price.
26% of current listings sit under the prices comparable homes actually fetched. The comparison behind each listing uses recent recorded sales of similar homes close by.
The "under comparable sales" label measures each asking price against real nearby sales of similar homes: an opening position for a conversation rather than a valuation. The home itself still needs looking at.
See every SE15 home for sale on the map →
Refreshed every Monday and Thursday from agents' own feeds to HomesIndex, so a sample of the market rather than all of it. An asking price remains an ask, not a sale.
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. 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 | — | £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%) | — |
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. Where too few homes exist to say anything meaningful, the cell is blank.
The risers and the fallers
SE15 ranks 19 of 28 in the SE area on five-year growth. The gap between the top and bottom of this chart is the difference between buying well and buying badly in the same city.
SE area districts: five years of change
The biggest risers and fallers in cash terms; every row links to that district's report.
Inside SE15, sector by sector
Postcode sectors are the next slice down, each a group of streets with its own market report. Prices can differ sharply between two sectors a few minutes' walk apart.
| Sector | Median (latest) | Sales that year |
|---|---|---|
| SE15 1 | £570,000 | 11 |
| SE15 2 | £457,500 | 44 |
| SE15 3 | £520,000 | 59 |
| SE15 4 | £933,900 | 40 |
| SE15 5 | £539,000 | 30 |
| SE15 6 | £392,200 | 30 |
How SE15 compares nearby
Same city, different markets. The neighbouring districts of the SE area, dearest first:
| District | Median | 5-year |
|---|---|---|
| SE24 | £648,200 | -6% |
| SE22 | £620,000 | -3% |
| SE21 | £608,500 | -10% |
| SE4 | £562,500 | +0% |
| SE1 | £550,000 | -21% |
| SE27 | £550,000 | +5% |
| SE3 | £520,000 | +3% |
| SE15 (this report) | £520,000 | -2% |
| SE10 | £507,500 | -14% |
| SE7 | £505,000 | +4% |
| SE17 | £505,000 | +1% |
| SE26 | £500,000 | +9% |
| SE23 | £498,900 | +4% |
| SE5 | £487,500 | +4% |
| SE11 | £475,000 | -15% |
| SE9 | £472,800 | +6% |
| SE12 | £460,000 | +2% |
| SE6 | £450,000 | +3% |
| SE16 | £450,000 | -3% |
| SE14 | £446,200 | -6% |
| SE19 | £441,500 | -2% |
| SE13 | £435,000 | +1% |
| SE2 | £425,000 | +14% |
| SE18 | £415,000 | +2% |
Selling in SE15? Start from the sold record
The sold record beats any estimate as a starting point. Before a house valuation or flat valuation in SE15, open the average prices map and zoom from the SE15 shading down to the sold homes on your own street. Every recorded SE15 sale is on this page; the same Land Registry record is what agents price from, and it is now in your hands.
For local estate agents: each district report carries one featured-agent spot, free while founding places last. Claim SE15.
Dig further
Answers come from the same Land Registry data behind this report, and the AI knows you are asking about SE15. Free, with a one click sign in.
The live map plots every individual SE15 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.
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.