Local market reports › SE area › SE24
Herne Hill market report SE24, London
The SE24 (Herne Hill) house price history in full, 1995 to 2026, in cash and in today's money. The raw material for this page is 9,234 HM Land Registry entries for SE24 (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 July 2026. Rents: ONS, May 2026. Regenerated with every monthly data refresh.
In short: a typical SE24 (London) home changed hands for £648,200 in 2026 (median of 58 registered sales, down 6% on five years earlier), with the mean at £913,500, and by floor area homes here have averaged about £8,810 per square metre over the last five years. Source: 9,234 completed sales on the HM Land Registry record since 1995, updated with each monthly release. No valuations, no asking prices.
SE24 is a postcode district covering Herne Hill in London. It is the most useful size for market figures: tight enough to describe somewhere real, large enough that sales keep coming and the medians hold steady.
Where SE24 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 buyers actually paid in SE24
58 sales were registered in SE24 in 2026, and the middle one of them, the median, went for £648,200. The mean works out at £913,500, well above it, the signature of a heavy top tail: a handful of expensive sales lifting the average.
SE24 prices by floor area
Averaged across five years of sales, floor space in SE24 costs about £8,810 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.
Set against the £285,000 England and Wales median, SE24 sits 127% above the national market.
The price of a typical SE24 home, 1995 to 2026
Year by year: the median as it was recorded, and the same figure brought into today's money with ONS CPIH, which is where "did homes get dearer" actually gets answered. Hover shows each year; the legend isolates a series.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £648,200 | £648,200 | 58 |
| 2025 | £640,000 | £655,304 | 219 |
| 2024 | £682,500 | £725,638 | 237 |
| 2023 | £678,800 | £745,835 | 180 |
| 2022 | £675,000 | £791,515 | 261 |
| 2021 | £690,000 | £873,629 | 307 |
| 2020 | £650,000 | £843,388 | 184 |
| 2019 | £684,800 | £897,609 | 202 |
| 2018 | £618,500 | £824,472 | 201 |
| 2017 | £595,000 | £811,520 | 200 |
| 2016 | £625,000 | £874,381 | 246 |
| 2015 | £545,000 | £770,085 | 251 |
| 2014 | £516,000 | £732,036 | 260 |
| 2013 | £467,000 | £671,966 | 277 |
| 2012 | £390,000 | £574,031 | 246 |
| 2011 | £372,000 | £561,577 | 245 |
| 2010 | £320,000 | £501,842 | 296 |
| 2009 | £305,000 | £490,290 | 182 |
| 2008 | £290,000 | £475,371 | 210 |
| 2007 | £307,000 | £520,758 | 427 |
| 2006 | £270,000 | £468,686 | 397 |
| 2005 | £250,000 | £444,899 | 343 |
| 2004 | £235,000 | £426,806 | 368 |
| 2003 | £212,800 | £392,029 | 318 |
| 2002 | £208,000 | £391,350 | 413 |
| 2001 | £195,000 | £374,878 | 381 |
| 2000 | £155,000 | £304,188 | 404 |
| 1999 | £129,000 | £257,090 | 425 |
| 1998 | £109,000 | £220,024 | 393 |
| 1997 | £83,000 | £170,216 | 478 |
| 1996 | £78,000 | £164,499 | 353 |
| 1995 | £77,000 | £167,386 | 272 |
In cash terms the typical SE24 home went from £77,000 in 1995 to £648,200 in 2026, roughly 8 times the price. Adjusted for inflation it still comes to a real rise of roughly 287%, so homes here got dearer in substance, not only in cash. Measured in today's money the market peaked in 2019; the current median sits about 28% below that. Someone who bought at the 2019 peak has not yet seen that price back in real terms.
Year-on-year change in the SE24 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 1998 (+31.3% on the year before); the weakest, 2025 (−6.2%). 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, 53% of the typed total. In 2023, the last year both were recorded here, a detached home traded at £2,287,500 against £505,000 for a flat, 4.5 times the price.
Median by property type, SE24
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 | £2,287,500 (2023) | – | 86 |
| Semi-detached | £1,347,500 | 6 | 1,135 |
| Terraced | £1,144,500 | 14 | 3,054 |
| Flats | £540,000 | 37 | 4,909 |
The long view: annualised growth
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | +1.3% | −1.1% |
| 5 years (since 2021) | −1.2% | −5.8% |
| 10 years (since 2016) | +0.4% | −2.9% |
| 20 years (since 2006) | +4.5% | +1.6% |
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.
Transaction volumes
The year-by-year sales count
Annual recorded sales. The post-2008 trough is the financial crisis; treat the final bar as provisional while registrations catch up.
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.
The register shows 153 SE24 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 381 sales a year before the financial crisis and 191 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 SE24
For renting purposes SE24 sits in Lambeth. The ONS average private rent there is £2,527 a month (May 2026). The spread runs from £1,882 a month for a typical one-bed to £3,725 at four-plus bedrooms, which is size doing most of the pricing.
Average monthly rent by size, Lambeth
ONS Price Index of Private Rents, May 2026.
Against the £648,200 median purchase price, a rent of £2,527 a month (£30,324 a year) works out at a 4.7% 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.
Reading the SE24 market
SE24 is currently the dearest district of its postcode area by median price.
SE24 (Herne Hill): the questions that come up
Are property prices falling in SE24 (Herne Hill)?
Is SE24 (Herne Hill) a good place to buy a house?
How much did a house sell for in SE24 (Herne Hill)?
Where do SE24 prices go next?
No honest page predicts prices, so this one sticks to the record: the median is down 6% over five years in cash but down 26% after inflation. Anyone weighing a purchase should read the volume chart with the price chart, remembering that these are completed sales, registered weeks after the deals were actually struck.
What is for sale in SE24 right now
Everything above is what homes in SE24 sold for. This is what you could actually buy today: 45 homes currently on the market from 5 agents publishing to HomesIndex, at a typical asking price 8% above the SE24 median sold price.
Of everything listed here, 33% asks less than the sold record of comparable homes. Each listing is compared with recent recorded sales of similar homes nearby.
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 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.
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 | — | £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. Blank cells mean too few homes for the figure to mean anything.
The risers and the fallers
SE24 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.
SE area districts: five years of change
Cash-terms risers and fallers across the area; click any row for that district's full report.
Inside SE24, 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 |
|---|---|---|
| SE24 0 | £645,000 | 30 |
| SE24 9 | £653,200 | 28 |
How SE24 compares nearby
Same city, different markets. The neighbouring districts of the SE area, dearest first:
| District | Median | 5-year |
|---|---|---|
| SE24 (this report) | £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 | £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 a home in SE24? Price it on the evidence
The sold record beats any estimate as a starting point. Before a house valuation or flat valuation in SE24, open the average prices map and zoom from the SE24 shading down to the sold homes on your own street. Every recorded SE24 sale is on this page; the same Land Registry record is what agents price from, and it is now in your hands.
Estate agents working SE24: the featured spot on this report is free for founding agents, one per district. Claim SE24.
Take it further
The AI answers from the same Land Registry data this report is built on, already scoped to SE24. Free after a one click sign in.
The live map plots every individual SE24 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.
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.