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Local market reports › SW

SW local market report South West London

Every figure on this page comes from the public record: 548,381 sales registered with HM Land Registry in the SW postcode area (South West 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.

SW is the postcode area centred on South West London, taking in 27 districts. Figures this wide smooth over big local differences, so use the district reports below for anywhere specific.

Where SW sits

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

WCSMECNWCRSEKTETWUBBRDARMSLSW
£590,900median sold price, 2026
-9%five-year change (cash)
9,673sales in the last 12 months
6.4%gross rental yield (est.)

What a home in SW sells for

The 2026 median in SW is £590,900, from 2,441 registered sales; the mean, £837,400, 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 SW trades 116% above the country as a whole.

The price of a typical SW 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: £95,000 at the time · £201,692 in today's money · 15,583 sales1996: £106,000 at the time · £218,328 in today's money · 20,070 sales1997: £122,000 at the time · £244,354 in today's money · 23,261 sales1998: £137,000 at the time · £270,086 in today's money · 20,654 sales1999: £170,000 at the time · £330,889 in today's money · 25,967 sales2000: £200,000 at the time · £383,333 in today's money · 21,045 sales2001: £220,000 at the time · £413,061 in today's money · 21,840 sales2002: £249,000 at the time · £457,550 in today's money · 23,249 sales2003: £250,000 at the time · £449,804 in today's money · 19,223 sales2004: £277,000 at the time · £491,337 in today's money · 21,402 sales2005: £295,000 at the time · £512,720 in today's money · 19,760 sales2006: £325,000 at the time · £550,983 in today's money · 25,075 sales2007: £370,000 at the time · £612,965 in today's money · 22,236 sales2008: £369,400 at the time · £591,383 in today's money · 10,580 sales2009: £379,000 at the time · £595,017 in today's money · 11,170 sales2010: £410,000 at the time · £627,969 in today's money · 13,914 sales2011: £422,200 at the time · £622,474 in today's money · 14,108 sales2012: £440,000 at the time · £632,500 in today's money · 14,257 sales2013: £485,000 at the time · £681,568 in today's money · 17,284 sales2014: £565,000 at the time · £782,831 in today's money · 17,267 sales2015: £590,000 at the time · £814,200 in today's money · 16,961 sales2016: £635,000 at the time · £867,624 in today's money · 15,950 sales2017: £640,000 at the time · £852,510 in today's money · 15,434 sales2018: £620,000 at the time · £807,170 in today's money · 13,611 sales2019: £630,000 at the time · £806,494 in today's money · 13,858 sales2020: £650,000 at the time · £823,691 in today's money · 12,973 sales2021: £650,000 at the time · £803,763 in today's money · 18,667 sales2022: £712,000 at the time · £815,402 in today's money · 17,648 sales2023: £690,000 at the time · £740,435 in today's money · 14,130 sales2024: £672,900 at the time · £698,722 in today's money · 15,150 sales2025: £650,000 at the time · £650,000 in today's money · 13,613 sales2026: £590,900 at the time · £590,900 in today's money · 2,441 sales
See this chart as a table
YearMedian (cash)Median (today's £)Sales
2026£590,900£590,9002,441
2025£650,000£650,00013,613
2024£672,900£698,72215,150
2023£690,000£740,43514,130
2022£712,000£815,40217,648
2021£650,000£803,76318,667
2020£650,000£823,69112,973
2019£630,000£806,49413,858
2018£620,000£807,17013,611
2017£640,000£852,51015,434
2016£635,000£867,62415,950
2015£590,000£814,20016,961
2014£565,000£782,83117,267
2013£485,000£681,56817,284
2012£440,000£632,50014,257
2011£422,200£622,47414,108
2010£410,000£627,96913,914
2009£379,000£595,01711,170
2008£369,400£591,38310,580
2007£370,000£612,96522,236
2006£325,000£550,98325,075
2005£295,000£512,72019,760
2004£277,000£491,33721,402
2003£250,000£449,80419,223
2002£249,000£457,55023,249
2001£220,000£413,06121,840
2000£200,000£383,33321,045
1999£170,000£330,88925,967
1998£137,000£270,08620,654
1997£122,000£244,35423,261
1996£106,000£218,32820,070
1995£95,000£201,69215,583

In cash terms the typical SW home went from £95,000 in 1995 to £590,900 in 2026, roughly 6 times the price. Even after inflation that is a real rise of about 193%: homes here genuinely became dearer, not just more expensive on paper. Measured in today's money the market peaked in 2016; the current median sits about 32% below that. Someone who bought at the 2016 peak has not yet seen that price back in real terms.

Year-on-year change in the SW 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 · +11.6% on the year before1997 · +15.1% on the year before1998 · +12.3% on the year before1999 · +24.1% on the year before2000 · +17.6% on the year before2001 · +10.0% on the year before2002 · +13.2% on the year before2003 · +0.4% on the year before2004 · +10.8% on the year before2005 · +6.5% on the year before2006 · +10.2% on the year before2007 · +13.8% on the year before2008 · −0.2% on the year before2009 · +2.6% on the year before2010 · +8.2% on the year before2011 · +3.0% on the year before2012 · +4.2% on the year before2013 · +10.2% on the year before2014 · +16.5% on the year before2015 · +4.4% on the year before2016 · +7.6% on the year before2017 · +0.8% on the year before2018 · −3.1% on the year before2019 · +1.6% on the year before2020 · +3.2% on the year before2021 · +0.0% on the year before2022 · +9.5% on the year before2023 · −3.1% on the year before2024 · −2.5% on the year before2025 · −3.4% on the year before2026 · −9.1% on the year before200020052010201520202026

The strongest year on record here is 1999 (+24.1% on the year before); the weakest, 2026 (−9.1%). 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)−9.1%−9.1%
5 years (since 2021)−1.9%−6.0%
10 years (since 2016)−0.7%−3.8%
20 years (since 2006)+3.0%+0.4%

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.

25k50k 1995: 15,583 sales1996: 20,070 sales1997: 23,261 sales1998: 20,654 sales1999: 25,967 sales2000: 21,045 sales2001: 21,840 sales2002: 23,249 sales2003: 19,223 sales2004: 21,402 sales2005: 19,760 sales2006: 25,075 sales2007: 22,236 sales2008: 10,580 sales2009: 11,170 sales2010: 13,914 sales2011: 14,108 sales2012: 14,257 sales2013: 17,284 sales2014: 17,267 sales2015: 16,961 sales2016: 15,950 sales2017: 15,434 sales2018: 13,611 sales2019: 13,858 sales2020: 12,973 sales2021: 18,667 sales2022: 17,648 sales2023: 14,130 sales2024: 15,150 sales2025: 13,613 sales2026: 2,441 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.

2,5005,000 June 2021 · 4,322 sales registeredJuly 2021 · 596 sales registeredAugust 2021 · 890 sales registeredSeptember 2021 · 1,927 sales registeredOctober 2021 · 772 sales registeredNovember 2021 · 1,079 sales registeredDecember 2021 · 1,395 sales registeredJanuary 2022 · 1,108 sales registeredFebruary 2022 · 1,092 sales registeredMarch 2022 · 1,482 sales registeredApril 2022 · 1,460 sales registeredMay 2022 · 1,407 sales registeredJune 2022 · 1,450 sales registeredJuly 2022 · 1,708 sales registeredAugust 2022 · 1,649 sales registeredSeptember 2022 · 1,670 sales registeredOctober 2022 · 1,658 sales registeredNovember 2022 · 1,510 sales registeredDecember 2022 · 1,454 sales registeredJanuary 2023 · 1,081 sales registeredFebruary 2023 · 991 sales registeredMarch 2023 · 1,298 sales registeredApril 2023 · 936 sales registeredMay 2023 · 977 sales registeredJune 2023 · 1,248 sales registeredJuly 2023 · 1,359 sales registeredAugust 2023 · 1,375 sales registeredSeptember 2023 · 1,349 sales registeredOctober 2023 · 1,259 sales registeredNovember 2023 · 1,146 sales registeredDecember 2023 · 1,111 sales registeredJanuary 2024 · 949 sales registeredFebruary 2024 · 1,061 sales registeredMarch 2024 · 1,137 sales registeredApril 2024 · 1,103 sales registeredMay 2024 · 1,263 sales registeredJune 2024 · 1,159 sales registeredJuly 2024 · 1,534 sales registeredAugust 2024 · 1,511 sales registeredSeptember 2024 · 1,362 sales registeredOctober 2024 · 1,604 sales registeredNovember 2024 · 1,281 sales registeredDecember 2024 · 1,186 sales registeredJanuary 2025 · 1,069 sales registeredFebruary 2025 · 1,169 sales registeredMarch 2025 · 2,584 sales registeredApril 2025 · 568 sales registeredMay 2025 · 991 sales registeredJune 2025 · 1,009 sales registeredJuly 2025 · 1,267 sales registeredAugust 2025 · 1,177 sales registeredSeptember 2025 · 1,023 sales registeredOctober 2025 · 1,092 sales registeredNovember 2025 · 946 sales registeredDecember 2025 · 718 sales registeredJanuary 2026 · 634 sales registeredFebruary 2026 · 549 sales registeredMarch 2026 · 558 sales registeredApril 2026 · 486 sales registeredMay 2026 · 214 sales registered

SW recorded 9,673 sales in the last twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 21,729 sales a year before the financial crisis and 12,596 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 SW

SW falls under Westminster, the local authority covering most of the SW area (parts fall under Lambeth and Wandsworth, where rents differ), where the ONS puts the average private rent at £3,163 a month (May 2026 figures). A one-bed averages £2,517 a month here and a four-or-more-bed £5,378, so size does most of the work in setting the rent.

Average monthly rent by size, Westminster

ONS Price Index of Private Rents, May 2026.

1 bed: £2,517 a month£2,5171 bed2 bed: £3,268 a month£3,2682 bed3 bed: £3,849 a month£3,8493 bed4+ bed: £5,378 a month£5,3784+ bed

Set against the £590,900 median sold price, £3,163 a month is £37,956 a year, a gross yield of 6.4%: 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 SW 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

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

Five-year change in the median, SW area districts

The biggest risers and fallers in cash terms; every row links to that district's report.

SW1XSW1X · +22% over five years · median £2,600,000+22%SW16SW16 · +1% over five years · median £480,000+1%SW17SW17 · +1% over five years · median £580,000+1%SW18SW18 · −2% over five years · median £602,000−2%SW20SW20 · −2% over five years · median £665,500−2%SW7SW7 · −34% over five years · median £1,020,000−34%SW1ESW1E · −39% over five years · median £1,165,000−39%SW1HSW1H · −39% over five years · median £630,000−39%SW1ASW1A · −43% over five years · median £1,765,000−43%SW1YSW1Y · −55% over five years · median £907,000−55%

District by district

The area medians above hide a lot. Here is every SW district with enough sales to measure, dearest first; each links to its own full report.

DistrictMedian (2026)5-yearSales
SW1X£2,600,000+22%17
SW1A Whitehall, Downing Street£1,765,000-43%16
SW1W£1,600,000-10%13
SW1E£1,165,000-39%15
SW3 Chelsea, Brompton£1,100,000-20%51
SW7£1,020,000-34%49
SW13 Barnes£955,000-24%45
SW10 West Brompton£915,000-10%49
SW1Y All but the west of St James's£907,000-55%10
SW5 Earl's Court£815,000-8%33
SW14 Mortlake, East Sheen£725,000-20%35
SW1P University of the Arts£667,500-6%24
SW20£665,500-2%78
SW11 Battersea£660,000-9%233
SW6 Fulham, Parsons Green£650,000-22%168
SW1H£630,000-39%5
SW1V between Vauxhall Bridge, includes Pimlico£605,000-19%51
SW18 Wandsworth Town, Southfields£602,000-2%239
SW12 Balham£580,000-16%106
SW17 Tooting, Summerstown£580,000+1%188
SW8 South Lambeth, Vauxhall£550,000-7%82
SW19 Wimbledon, Colliers Wood£545,000-13%223
SW4 Clapham£540,000-14%109
SW15 Putney, Roehampton£530,000-12%164
SW2 Brixton Hill, Streatham Hill£500,000-3%155
SW16 Streatham, Streatham Common£480,000+1%243
SW9 Brixton, Stockwell£477,500-8%76

Dig further

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