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Herne Hill market report SE24 9, London
The SE24 9 (Herne Hill) house price history in full, 1995 to 2026, in cash and in today's money. The raw material for this page is 4,739 HM Land Registry entries for SE24 9 (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 data to 2026. Rents: ONS, May 2026. Regenerated with every monthly data refresh.
In short: a typical SE24 9 (London) home changed hands for £653,200 in 2026 (median of 28 registered sales, down 9% on five years earlier), with the mean at £1,024,600, and by floor area homes here have averaged about £8,910 per square metre over the last five years. Source: 4,739 completed sales on the HM Land Registry record since 1995, updated with each monthly release. No valuations, no asking prices.
SE24 9 is one sector of SE24 (London): a handful of streets, and the most local view the sold record can give. The price of that locality is lumpier charts, because each year's median rests on fewer sales.
Where SE24 9 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 SE24 9 sells for
In the SE24 9 property market, the 2026 median sale price is £653,200, from 28 registered sales; the mean, the "average house price" most sites quote, is £1,024,600, sitting well clear of it: the mark of a market where a small number of costly homes drag the average upwards.
What a square metre costs in SE24 9
By floor space, homes in SE24 9 have sold for about £8,910 per square metre on average over the last five years: the like-for-like measure that lets you compare a small flat with a large house, from the Energy Performance Certificate floor areas behind each sale.
Against a national (England and Wales) median of £285,000, SE24 9 runs 129% above it.
The price of a typical SE24 9 home, 1995 to 2026
One line records the median as paid; the other restates every year in today's money via ONS CPIH, the honest measure of getting dearer. Hover for year figures, click the legend to isolate a line.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £653,200 | £653,200 | 28 |
| 2025 | £690,000 | £706,500 | 108 |
| 2024 | £735,000 | £781,456 | 116 |
| 2023 | £713,500 | £783,962 | 100 |
| 2022 | £700,000 | £820,830 | 125 |
| 2021 | £715,000 | £905,282 | 162 |
| 2020 | £695,000 | £901,777 | 93 |
| 2019 | £858,500 | £1,125,288 | 108 |
| 2018 | £597,500 | £796,479 | 106 |
| 2017 | £612,500 | £835,389 | 98 |
| 2016 | £630,000 | £881,376 | 119 |
| 2015 | £550,000 | £777,150 | 133 |
| 2014 | £500,000 | £709,337 | 141 |
| 2013 | £492,500 | £708,658 | 154 |
| 2012 | £390,000 | £574,031 | 118 |
| 2011 | £387,800 | £585,429 | 124 |
| 2010 | £349,000 | £547,322 | 142 |
| 2009 | £353,500 | £568,254 | 101 |
| 2008 | £277,500 | £454,881 | 128 |
| 2007 | £310,000 | £525,846 | 204 |
| 2006 | £270,000 | £468,686 | 204 |
| 2005 | £269,200 | £479,068 | 204 |
| 2004 | £242,000 | £439,519 | 191 |
| 2003 | £238,500 | £439,375 | 138 |
| 2002 | £208,500 | £392,291 | 206 |
| 2001 | £214,000 | £411,404 | 200 |
| 2000 | £160,000 | £314,000 | 209 |
| 1999 | £125,000 | £249,118 | 212 |
| 1998 | £115,000 | £232,136 | 194 |
| 1997 | £85,000 | £174,318 | 248 |
| 1996 | £87,000 | £183,479 | 189 |
| 1995 | £91,500 | £198,907 | 136 |
In cash terms the typical SE24 9 home went from £91,500 in 1995 to £653,200 in 2026, roughly 7 times the price. Even after inflation that is a real rise of about 228%: homes here genuinely became dearer, not merely more expensive on paper. In inflation-adjusted terms the high-water mark was 2019. The market now sits about 42% below it, so a peak-time purchase has yet to recover its real value.
Year-on-year change in the SE24 9 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 2019 (+43.7% on the year before); the weakest, 2020 (−19.0%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
Annualised returns
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | −5.3% | −7.5% |
| 5 years (since 2021) | −1.8% | −6.3% |
| 10 years (since 2016) | +0.4% | −3.0% |
| 20 years (since 2006) | +4.5% | +1.7% |
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.
How many homes change hands in SE24 9
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.
The register shows 28 SE24 9 sales across the most recent twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 195 sales a year before the financial crisis and 95 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.
Reading the SE24 9 market
This is a thin market: 28 sales in the last twelve months of data. With that few transactions, one street selling well (or one block of cheap transfers) can move the median, so read the year lines as a range rather than a verdict.
Rents around SE24 9
The local authority for SE24 9 is Southwark, and its ONS average private rent currently stands at £2,394 a month (May 2026 figures). Size sets most of the rent: one-beds average £1,814 a month here against £3,491 for four or more bedrooms.
Average monthly rent by size, Southwark
ONS Price Index of Private Rents, May 2026.
Against the £653,200 median purchase price, a rent of £2,394 a month (£28,728 a year) works out at a 4.4% gross yield, a ceiling figure that ignores letting costs, voids, maintenance and tax. Because rents are local-authority statistics, districts sharing the authority share the figure.
SE24 9 (Herne Hill): the questions that come up
Is SE24 9 (Herne Hill) a good place to buy a house?
How much did a house sell for in SE24 9 (Herne Hill)?
Are property prices falling in SE24 9 (Herne Hill)?
Where do SE24 9 prices go next?
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 28% 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.
On the market in SE24 today
This is what you could actually buy today: 45 homes currently on the market from 5 agents publishing to HomesIndex.
These cover the whole SE24 district, not just SE24 9: live asking prices are collected per district.
33% of current listings sit under the prices comparable homes actually fetched. 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 SE24 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
Real sold prices by size across the SE area, straight from the Land Registry record. Size steps are fiercely local. A third bedroom adds a quarter to the price in some areas and close to four fifths in others, which is why no national rule of thumb survives contact with a real market.
| 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. 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 SE24
A few minutes' walk can separate two very different markets. Here are SE24's other sectors, each with its own report:
| Sector | Median (latest) | Sales that year |
|---|---|---|
| SE24 0 | £645,000 | 30 |
Zoom out to the full SE24 district report for the type split, monthly volumes and how SE24 compares with its neighbours.
Before you sell in SE24 9: what the record supports
The sold record beats any estimate as a starting point. Before a house valuation or flat valuation in SE24 9, open the average prices map and zoom from the SE24 9 shading down to the sold homes on your own street. Every recorded SE24 9 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 SE24 9.
Keep digging
The AI answers from the same Land Registry data this report is built on, already scoped to SE24 9. Free after a one click sign in.
See every individual SE24 9 sale on the live map, mapped to the exact address, or zoom the average prices map from neighbourhood shading down to single homes. 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.
About the numbers: everything is computed from HM Land Registry Price Paid Data (Crown copyright, OGL v3.0), geocoded to the address; today's-money figures use the ONS CPIH index, and rents are the ONS Price Index of Private Rents by local authority. These are medians of recorded sales, not valuations, and none of it is financial advice.