HomesIndex

Local market reportsSE areaSE8 › SE8 3

SE8 3 local market report London

Every figure on this page comes from the public record: 4,289 sales registered with HM Land Registry in SE8 3 (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 2026. Rents: ONS, May 2026. Regenerated with every monthly data refresh.

SE8 3 is a postcode sector: one group of streets inside SE8 (London). This is as local as the public record gets, but sector medians move on fewer sales than a district's, so expect the lines to be lumpier.

Where SE8 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.

£425,000median sold price, 2026
£4,750/m²average price per m²
+1%five-year change (cash)
20sales in the last 12 months
5.1%gross rental yield (est.)

What a home in SE8 3 sells for

The 2026 median in SE8 3 is £425,000, from 20 registered sales; the mean, £475,500, sits modestly above it, the usual shape of a market with an expensive tail.

By floor space, homes in SE8 3 sell for about £4,750 per square metre on average — 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.

For scale: the England and Wales median is £273,500, so SE8 3 trades 55% above the country as a whole.

The price of a typical SE8 3 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: £55,000 at the time · £116,769 in today's money · 23 sales1996: £37,000 at the time · £76,209 in today's money · 18 sales1997: £44,800 at the time · £89,730 in today's money · 22 sales1998: £55,000 at the time · £108,429 in today's money · 31 sales1999: £115,000 at the time · £223,836 in today's money · 209 sales2000: £183,000 at the time · £350,750 in today's money · 98 sales2001: £219,000 at the time · £411,184 in today's money · 205 sales2002: £231,500 at the time · £425,393 in today's money · 312 sales2003: £179,200 at the time · £322,420 in today's money · 92 sales2004: £216,000 at the time · £383,136 in today's money · 144 sales2005: £197,800 at the time · £343,783 in today's money · 100 sales2006: £257,000 at the time · £435,700 in today's money · 305 sales2007: £249,500 at the time · £413,337 in today's money · 144 sales2008: £238,800 at the time · £382,302 in today's money · 50 sales2009: £258,800 at the time · £406,307 in today's money · 38 sales2010: £250,000 at the time · £382,908 in today's money · 90 sales2011: £277,000 at the time · £408,397 in today's money · 161 sales2012: £257,500 at the time · £370,156 in today's money · 212 sales2013: £347,700 at the time · £488,621 in today's money · 246 sales2014: £383,000 at the time · £530,663 in today's money · 213 sales2015: £362,500 at the time · £500,250 in today's money · 150 sales2016: £370,000 at the time · £505,545 in today's money · 121 sales2017: £420,000 at the time · £559,459 in today's money · 153 sales2018: £428,500 at the time · £557,858 in today's money · 352 sales2019: £438,000 at the time · £560,705 in today's money · 101 sales2020: £475,000 at the time · £601,928 in today's money · 171 sales2021: £420,000 at the time · £519,355 in today's money · 122 sales2022: £398,100 at the time · £455,915 in today's money · 100 sales2023: £420,000 at the time · £450,700 in today's money · 72 sales2024: £426,000 at the time · £442,348 in today's money · 105 sales2025: £396,000 at the time · £396,000 in today's money · 109 sales2026: £425,000 at the time · £425,000 in today's money · 20 sales
See this chart as a table
YearMedian (cash)Median (today's £)Sales
2026£425,000£425,00020
2025£396,000£396,000109
2024£426,000£442,348105
2023£420,000£450,70072
2022£398,100£455,915100
2021£420,000£519,355122
2020£475,000£601,928171
2019£438,000£560,705101
2018£428,500£557,858352
2017£420,000£559,459153
2016£370,000£505,545121
2015£362,500£500,250150
2014£383,000£530,663213
2013£347,700£488,621246
2012£257,500£370,156212
2011£277,000£408,397161
2010£250,000£382,90890
2009£258,800£406,30738
2008£238,800£382,30250
2007£249,500£413,337144
2006£257,000£435,700305
2005£197,800£343,783100
2004£216,000£383,136144
2003£179,200£322,42092
2002£231,500£425,393312
2001£219,000£411,184205
2000£183,000£350,75098
1999£115,000£223,836209
1998£55,000£108,42931
1997£44,800£89,73022
1996£37,000£76,20918
1995£55,000£116,76923

In cash terms the typical SE8 3 home went from £55,000 in 1995 to £425,000 in 2026, roughly 8 times the price. Even after inflation that is a real rise of about 264%: 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 29% 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 SE8 3 median

Each bar is the change on the year before, in cash. The zero line is the boundary between rising and falling.

+200% -200% 0% 1996 · −32.7% on the year before1997 · +21.1% on the year before1998 · +22.8% on the year before1999 · +109.1% on the year before2000 · +59.1% on the year before2001 · +19.7% on the year before2002 · +5.7% on the year before2003 · −22.6% on the year before2004 · +20.5% on the year before2005 · −8.4% on the year before2006 · +29.9% on the year before2007 · −2.9% on the year before2008 · −4.3% on the year before2009 · +8.4% on the year before2010 · −3.4% on the year before2011 · +10.8% on the year before2012 · −7.0% on the year before2013 · +35.0% on the year before2014 · +10.2% on the year before2015 · −5.4% on the year before2016 · +2.1% on the year before2017 · +13.5% on the year before2018 · +2.0% on the year before2019 · +2.2% on the year before2020 · +8.4% on the year before2021 · −11.6% on the year before2022 · −5.2% on the year before2023 · +5.5% on the year before2024 · +1.4% on the year before2025 · −7.0% on the year before2026 · +7.3% on the year before200020052010201520202026

The strongest year on record here is 1999 (+109.1% on the year before); the weakest, 1996 (−32.7%). 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)+7.3%+7.3%
5 years (since 2021)+0.2%−3.9%
10 years (since 2016)+1.4%−1.7%
20 years (since 2006)+2.5%−0.1%

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.

250500 1995: 23 sales1996: 18 sales1997: 22 sales1998: 31 sales1999: 209 sales2000: 98 sales2001: 205 sales2002: 312 sales2003: 92 sales2004: 144 sales2005: 100 sales2006: 305 sales2007: 144 sales2008: 50 sales2009: 38 sales2010: 90 sales2011: 161 sales2012: 212 sales2013: 246 sales2014: 213 sales2015: 150 sales2016: 121 sales2017: 153 sales2018: 352 sales2019: 101 sales2020: 171 sales2021: 122 sales2022: 100 sales2023: 72 sales2024: 105 sales2025: 109 sales2026: 20 sales1995200020052010201520202026

SE8 3 recorded 20 sales in the last twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 175 sales a year before the financial crisis and 81 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 SE8 3

SE8 3 falls under Lewisham, where the ONS puts the average private rent at £1,821 a month (May 2026 figures). A one-bed averages £1,450 a month here and a four-or-more-bed £2,705, so size does most of the work in setting the rent.

Average monthly rent by size, Lewisham

ONS Price Index of Private Rents, May 2026.

1 bed: £1,450 a month£1,4501 bed2 bed: £1,782 a month£1,7822 bed3 bed: £2,047 a month£2,0473 bed4+ bed: £2,705 a month£2,7054+ bed

Set against the £425,000 median sold price, £1,821 a month is £21,852 a year, a gross yield of 5.1%: 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 SE8 3 prices rise from here?

Nobody can tell you that, and this page will not pretend to. What the record shows: the median is roughly flat over five years in cash but down 18% 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.

The risers and the fallers

The spread across the SE area is the point: the same five years treated these districts very differently.

Other street groups in SE8

Prices can differ sharply between two sectors a few minutes' walk apart. The rest of SE8, each linking to its own report:

SectorMedian (latest)Sales that year
SE8 4£426,20024
SE8 5£380,00029

Zoom out to the full SE8 district report for the type split, monthly volumes and how SE8 compares with its neighbours.

Dig further

Answers come from the same Land Registry data behind this report, and the AI knows you are asking about SE8 3. Free, with a one click sign in.

See every individual SE8 3 sale on the live map, mapped to the exact address, or the quick-reference SE8 3 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.

Advertisement Safestore advertisement