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SE15 local market report London

Every figure on this page comes from the public record: 21,961 sales registered with HM Land Registry in SE15 (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.

SE15 is the postcode district covering Peckham, Nunhead in London. Districts are a practical way to slice a market: small enough to mean something locally, big enough to have a steady flow of sales to measure.

Where SE15 sits

Click the map to open SE15 on the live map, with every sale plotted at its address. The average pricing view shades the whole country the same way.

SE14SE5SE16SE23SE4SE17SE21SE8SE24SE1SW9SE11SE13E14SW2SE15
£465,000median sold price, 2026
-9%five-year change (cash)
642sales in the last 12 months
6.2%gross rental yield (est.)

What a home in SE15 sells for

The 2026 median in SE15 is £465,000, from 160 registered sales; the mean, £581,600, 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 SE15 trades 70% above the country as a whole.

The price of a typical SE15 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: £54,000 at the time · £114,646 in today's money · 376 sales1996: £57,000 at the time · £117,403 in today's money · 443 sales1997: £62,500 at the time · £125,181 in today's money · 637 sales1998: £78,100 at the time · £153,969 in today's money · 650 sales1999: £87,500 at the time · £170,310 in today's money · 801 sales2000: £116,000 at the time · £222,333 in today's money · 752 sales2001: £140,500 at the time · £263,796 in today's money · 814 sales2002: £160,000 at the time · £294,008 in today's money · 904 sales2003: £183,500 at the time · £330,156 in today's money · 806 sales2004: £190,000 at the time · £337,018 in today's money · 936 sales2005: £210,000 at the time · £364,987 in today's money · 813 sales2006: £222,000 at the time · £376,364 in today's money · 976 sales2007: £237,500 at the time · £393,457 in today's money · 969 sales2008: £245,000 at the time · £392,227 in today's money · 467 sales2009: £250,000 at the time · £392,491 in today's money · 380 sales2010: £250,000 at the time · £382,908 in today's money · 533 sales2011: £260,000 at the time · £383,333 in today's money · 518 sales2012: £280,000 at the time · £402,500 in today's money · 564 sales2013: £290,000 at the time · £407,536 in today's money · 762 sales2014: £340,000 at the time · £471,084 in today's money · 788 sales2015: £395,000 at the time · £545,100 in today's money · 810 sales2016: £435,500 at the time · £595,040 in today's money · 760 sales2017: £465,000 at the time · £619,402 in today's money · 756 sales2018: £468,000 at the time · £609,283 in today's money · 642 sales2019: £495,000 at the time · £633,673 in today's money · 608 sales2020: £525,000 at the time · £665,289 in today's money · 660 sales2021: £511,400 at the time · £632,376 in today's money · 921 sales2022: £530,000 at the time · £606,971 in today's money · 747 sales2023: £471,000 at the time · £505,428 in today's money · 537 sales2024: £496,500 at the time · £515,553 in today's money · 680 sales2025: £510,000 at the time · £510,000 in today's money · 791 sales2026: £465,000 at the time · £465,000 in today's money · 160 sales
See this chart as a table
YearMedian (cash)Median (today's £)Sales
2026£465,000£465,000160
2025£510,000£510,000791
2024£496,500£515,553680
2023£471,000£505,428537
2022£530,000£606,971747
2021£511,400£632,376921
2020£525,000£665,289660
2019£495,000£633,673608
2018£468,000£609,283642
2017£465,000£619,402756
2016£435,500£595,040760
2015£395,000£545,100810
2014£340,000£471,084788
2013£290,000£407,536762
2012£280,000£402,500564
2011£260,000£383,333518
2010£250,000£382,908533
2009£250,000£392,491380
2008£245,000£392,227467
2007£237,500£393,457969
2006£222,000£376,364976
2005£210,000£364,987813
2004£190,000£337,018936
2003£183,500£330,156806
2002£160,000£294,008904
2001£140,500£263,796814
2000£116,000£222,333752
1999£87,500£170,310801
1998£78,100£153,969650
1997£62,500£125,181637
1996£57,000£117,403443
1995£54,000£114,646376

In cash terms the typical SE15 home went from £54,000 in 1995 to £465,000 in 2026, roughly 9 times the price. Even after inflation that is a real rise of about 306%: 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 30% 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.

+50% -50% 0% 1996 · +5.6% on the year before1997 · +9.6% on the year before1998 · +25.0% on the year before1999 · +12.0% on the year before2000 · +32.6% on the year before2001 · +21.1% on the year before2002 · +13.9% on the year before2003 · +14.7% on the year before2004 · +3.5% on the year before2005 · +10.5% on the year before2006 · +5.7% on the year before2007 · +7.0% on the year before2008 · +3.2% on the year before2009 · +2.0% on the year before2010 · +0.0% on the year before2011 · +4.0% on the year before2012 · +7.7% on the year before2013 · +3.6% on the year before2014 · +17.2% on the year before2015 · +16.2% on the year before2016 · +10.3% on the year before2017 · +6.8% on the year before2018 · +0.6% on the year before2019 · +5.8% on the year before2020 · +6.1% on the year before2021 · −2.6% on the year before2022 · +3.6% on the year before2023 · −11.1% on the year before2024 · +5.4% on the year before2025 · +2.7% on the year before2026 · −8.8% on the year before200020052010201520202026

The strongest year on record here is 2000 (+32.6% on the year before); the weakest, 2023 (−11.1%). 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)−8.8%−8.8%
5 years (since 2021)−1.9%−6.0%
10 years (since 2016)+0.7%−2.4%
20 years (since 2006)+3.8%+1.1%

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.

5001,000 1995: 376 sales1996: 443 sales1997: 637 sales1998: 650 sales1999: 801 sales2000: 752 sales2001: 814 sales2002: 904 sales2003: 806 sales2004: 936 sales2005: 813 sales2006: 976 sales2007: 969 sales2008: 467 sales2009: 380 sales2010: 533 sales2011: 518 sales2012: 564 sales2013: 762 sales2014: 788 sales2015: 810 sales2016: 760 sales2017: 756 sales2018: 642 sales2019: 608 sales2020: 660 sales2021: 921 sales2022: 747 sales2023: 537 sales2024: 680 sales2025: 791 sales2026: 160 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.

100200 June 2021 · 176 sales registeredJuly 2021 · 25 sales registeredAugust 2021 · 45 sales registeredSeptember 2021 · 76 sales registeredOctober 2021 · 30 sales registeredNovember 2021 · 44 sales registeredDecember 2021 · 58 sales registeredJanuary 2022 · 44 sales registeredFebruary 2022 · 45 sales registeredMarch 2022 · 70 sales registeredApril 2022 · 50 sales registeredMay 2022 · 55 sales registeredJune 2022 · 48 sales registeredJuly 2022 · 75 sales registeredAugust 2022 · 81 sales registeredSeptember 2022 · 77 sales registeredOctober 2022 · 78 sales registeredNovember 2022 · 66 sales registeredDecember 2022 · 58 sales registeredJanuary 2023 · 48 sales registeredFebruary 2023 · 37 sales registeredMarch 2023 · 40 sales registeredApril 2023 · 28 sales registeredMay 2023 · 29 sales registeredJune 2023 · 46 sales registeredJuly 2023 · 66 sales registeredAugust 2023 · 53 sales registeredSeptember 2023 · 49 sales registeredOctober 2023 · 50 sales registeredNovember 2023 · 44 sales registeredDecember 2023 · 47 sales registeredJanuary 2024 · 33 sales registeredFebruary 2024 · 45 sales registeredMarch 2024 · 44 sales registeredApril 2024 · 56 sales registeredMay 2024 · 73 sales registeredJune 2024 · 48 sales registeredJuly 2024 · 82 sales registeredAugust 2024 · 54 sales registeredSeptember 2024 · 59 sales registeredOctober 2024 · 69 sales registeredNovember 2024 · 60 sales registeredDecember 2024 · 57 sales registeredJanuary 2025 · 45 sales registeredFebruary 2025 · 67 sales registeredMarch 2025 · 133 sales registeredApril 2025 · 22 sales registeredMay 2025 · 42 sales registeredJune 2025 · 160 sales registeredJuly 2025 · 56 sales registeredAugust 2025 · 61 sales registeredSeptember 2025 · 54 sales registeredOctober 2025 · 58 sales registeredNovember 2025 · 50 sales registeredDecember 2025 · 43 sales registeredJanuary 2026 · 45 sales registeredFebruary 2026 · 45 sales registeredMarch 2026 · 42 sales registeredApril 2026 · 20 sales registeredMay 2026 · 8 sales registered

SE15 recorded 642 sales in the last twelve months of data. 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 583 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 SE15

SE15 falls under Southwark, where the ONS puts the average private rent at £2,394 a month (May 2026 figures). A one-bed averages £1,814 a month here and a four-or-more-bed £3,491, so size does most of the work in setting the rent.

Average monthly rent by size, Southwark

ONS Price Index of Private Rents, May 2026.

1 bed: £1,814 a month£1,8141 bed2 bed: £2,272 a month£2,2722 bed3 bed: £2,640 a month£2,6403 bed4+ bed: £3,491 a month£3,4914+ bed

Set against the £465,000 median sold price, £2,394 a month is £28,728 a year, a gross yield of 6.2%: 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 SE15 prices rise from here?

Nobody can tell you that, and this page will not pretend to. What the record shows: the median is down 9% over five years in cash but down 26% 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

SE15 ranks 24 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.

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%

Inside SE15, street group by street group

Postcode sectors are the next slice down, each a group of streets. Prices can differ sharply between two sectors a few minutes' walk apart.

SectorMedian (latest)Sales that year
SE15 1£370,0008
SE15 2£450,00031
SE15 3£500,00042
SE15 4£847,50028
SE15 5£531,50022
SE15 6£395,00029

How SE15 compares nearby

Same city, different markets. The neighbouring districts of the SE area, dearest first:

DistrictMedian5-year
SE22£612,500-3%
SE21£605,000-7%
SE4£590,000+7%
SE24£580,000-11%
SE11£570,000+5%
SE27£511,800-3%
SE1£502,500-28%
SE3£500,000+4%
SE10£500,000-15%
SE23£498,900+5%
SE5£480,000+4%
SE7£475,000-1%
SE9£471,200+10%
SE15 (this report)£465,000-9%
SE16£454,000+0%
SE12£450,000+2%
SE26£432,000-3%
SE17£430,500-13%
SE19£430,000+2%
SE14£427,500-9%
SE6£416,000-4%
SE8£412,500+6%
SE13£411,500+0%
SE2£410,000+14%

Dig further

See every individual SE15 sale on the live map, mapped to the exact address, or the quick-reference SE15 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.