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SW16 2 local market report London

Every figure on this page comes from the public record: 9,825 sales registered with HM Land Registry in SW16 2 (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.

SW16 2 is a postcode sector: one group of streets inside SW16 (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 SW16 2 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.

£500,000median sold price, 2026
+11%five-year change (cash)
57sales in the last 12 months
6.1%gross rental yield (est.)

What a home in SW16 2 sells for

The 2026 median in SW16 2 is £500,000, from 57 registered sales; the mean, £625,700, 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 £273,500, so SW16 2 trades 83% above the country as a whole.

The price of a typical SW16 2 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: £58,500 at the time · £124,200 in today's money · 269 sales1996: £60,000 at the time · £123,582 in today's money · 301 sales1997: £66,000 at the time · £132,192 in today's money · 413 sales1998: £82,000 at the time · £161,657 in today's money · 407 sales1999: £82,500 at the time · £160,578 in today's money · 420 sales2000: £113,000 at the time · £216,583 in today's money · 394 sales2001: £130,000 at the time · £244,082 in today's money · 350 sales2002: £160,000 at the time · £294,008 in today's money · 444 sales2003: £172,000 at the time · £309,465 in today's money · 388 sales2004: £180,000 at the time · £319,280 in today's money · 450 sales2005: £183,200 at the time · £318,408 in today's money · 384 sales2006: £218,200 at the time · £369,921 in today's money · 432 sales2007: £238,500 at the time · £395,114 in today's money · 398 sales2008: £237,500 at the time · £380,220 in today's money · 206 sales2009: £225,000 at the time · £353,242 in today's money · 134 sales2010: £223,000 at the time · £341,554 in today's money · 173 sales2011: £227,200 at the time · £334,974 in today's money · 182 sales2012: £250,000 at the time · £359,375 in today's money · 274 sales2013: £253,500 at the time · £356,242 in today's money · 350 sales2014: £350,000 at the time · £484,940 in today's money · 349 sales2015: £375,000 at the time · £517,500 in today's money · 404 sales2016: £400,000 at the time · £546,535 in today's money · 332 sales2017: £426,000 at the time · £567,452 in today's money · 235 sales2018: £405,100 at the time · £527,394 in today's money · 224 sales2019: £423,000 at the time · £541,503 in today's money · 231 sales2020: £450,000 at the time · £570,248 in today's money · 248 sales2021: £450,000 at the time · £556,452 in today's money · 334 sales2022: £417,500 at the time · £478,133 in today's money · 290 sales2023: £450,000 at the time · £482,893 in today's money · 224 sales2024: £440,000 at the time · £456,885 in today's money · 265 sales2025: £410,700 at the time · £410,700 in today's money · 263 sales2026: £500,000 at the time · £500,000 in today's money · 57 sales
See this chart as a table
YearMedian (cash)Median (today's £)Sales
2026£500,000£500,00057
2025£410,700£410,700263
2024£440,000£456,885265
2023£450,000£482,893224
2022£417,500£478,133290
2021£450,000£556,452334
2020£450,000£570,248248
2019£423,000£541,503231
2018£405,100£527,394224
2017£426,000£567,452235
2016£400,000£546,535332
2015£375,000£517,500404
2014£350,000£484,940349
2013£253,500£356,242350
2012£250,000£359,375274
2011£227,200£334,974182
2010£223,000£341,554173
2009£225,000£353,242134
2008£237,500£380,220206
2007£238,500£395,114398
2006£218,200£369,921432
2005£183,200£318,408384
2004£180,000£319,280450
2003£172,000£309,465388
2002£160,000£294,008444
2001£130,000£244,082350
2000£113,000£216,583394
1999£82,500£160,578420
1998£82,000£161,657407
1997£66,000£132,192413
1996£60,000£123,582301
1995£58,500£124,200269

In cash terms the typical SW16 2 home went from £58,500 in 1995 to £500,000 in 2026, roughly 9 times the price. Even after inflation that is a real rise of about 303%: 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 12% 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 SW16 2 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 · +2.6% on the year before1997 · +10.0% on the year before1998 · +24.2% on the year before1999 · +0.6% on the year before2000 · +37.0% on the year before2001 · +15.0% on the year before2002 · +23.1% on the year before2003 · +7.5% on the year before2004 · +4.7% on the year before2005 · +1.8% on the year before2006 · +19.1% on the year before2007 · +9.3% on the year before2008 · −0.4% on the year before2009 · −5.3% on the year before2010 · −0.9% on the year before2011 · +1.9% on the year before2012 · +10.0% on the year before2013 · +1.4% on the year before2014 · +38.1% on the year before2015 · +7.1% on the year before2016 · +6.7% on the year before2017 · +6.5% on the year before2018 · −4.9% on the year before2019 · +4.4% on the year before2020 · +6.4% on the year before2021 · +0.0% on the year before2022 · −7.2% on the year before2023 · +7.8% on the year before2024 · −2.2% on the year before2025 · −6.7% on the year before2026 · +21.7% on the year before200020052010201520202026

The strongest year on record here is 2014 (+38.1% on the year before); the weakest, 2022 (−7.2%). 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)+21.7%+21.7%
5 years (since 2021)+2.1%−2.1%
10 years (since 2016)+2.3%−0.9%
20 years (since 2006)+4.2%+1.5%

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: 269 sales1996: 301 sales1997: 413 sales1998: 407 sales1999: 420 sales2000: 394 sales2001: 350 sales2002: 444 sales2003: 388 sales2004: 450 sales2005: 384 sales2006: 432 sales2007: 398 sales2008: 206 sales2009: 134 sales2010: 173 sales2011: 182 sales2012: 274 sales2013: 350 sales2014: 349 sales2015: 404 sales2016: 332 sales2017: 235 sales2018: 224 sales2019: 231 sales2020: 248 sales2021: 334 sales2022: 290 sales2023: 224 sales2024: 265 sales2025: 263 sales2026: 57 sales1995200020052010201520202026

SW16 2 recorded 57 sales in the last twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 405 sales a year before the financial crisis and 220 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 SW16 2

SW16 2 falls under Lambeth, where the ONS puts the average private rent at £2,527 a month (May 2026 figures). A one-bed averages £1,882 a month here and a four-or-more-bed £3,725, so size does most of the work in setting the rent.

Average monthly rent by size, Lambeth

ONS Price Index of Private Rents, May 2026.

1 bed: £1,882 a month£1,8821 bed2 bed: £2,344 a month£2,3442 bed3 bed: £2,683 a month£2,6833 bed4+ bed: £3,725 a month£3,7254+ bed

Set against the £500,000 median sold price, £2,527 a month is £30,324 a year, a gross yield of 6.1%: 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 SW16 2 prices rise from here?

Nobody can tell you that, and this page will not pretend to. What the record shows: the median is up 11% over five years in cash but down 10% 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 SW area is the point: the same five years treated these districts very differently.

Other street groups in SW16

Prices can differ sharply between two sectors a few minutes' walk apart. The rest of SW16, each linking to its own report:

SectorMedian (latest)Sales that year
SW16 1£407,50043
SW16 3£790,00011
SW16 4£423,80024
SW16 5£465,00055
SW16 6£520,00053

Zoom out to the full SW16 district report for the type split, monthly volumes and how SW16 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 SW16 2. Free, with a one click sign in.

See every individual SW16 2 sale on the live map, mapped to the exact address, or the quick-reference SW16 2 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.

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