Local market reports › SW area › SW8 › SW8 3
South Lambeth market report SW8 3, London
The SW8 3 (South Lambeth) house price history in full, 1995 to 2026, in cash and in today's money. Every figure on this page comes from the public record: 3,525 sales registered with HM Land Registry in SW8 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 recorded to 2026; rents are ONS figures for May 2026. The page rebuilds with each monthly release.
In short: the 2026 median for SW8 3 (London) is £605,000, from 31 registered sales, up 1% on five years earlier; the mean is £643,500, and by floor area homes here have averaged about £8,790 per square metre over the last five years. Behind the figures sit 3,525 HM Land Registry entries going back to 1995, refreshed monthly, every one a completed sale rather than a valuation or an asking price.
A postcode sector like SW8 3 is a single group of streets within SW8 (London), the finest slice the public record supports. Fewer sales stand behind each figure than at district level, so the lines jump about more.
Where SW8 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.
What SW8 3 homes really sell for
In the SW8 3 property market, the 2026 median sale price is £605,000, from 31 registered sales; the mean, the "average house price" most sites quote, is £643,500, sitting somewhat above it, as happens wherever a market carries an expensive tail.
What a square metre costs in SW8 3
A square metre of SW8 3 home has cost about £8,790 on average across the last five years of sales, using the floor area on each home's Energy Performance Certificate: the measure that puts a studio and a five-bed on the same footing.
Set against the £285,000 England and Wales median, SW8 3 sits 112% above the national market.
A typical SW8 3 home, priced year by year (1995 to 2026)
Two lines: the median in the money of its day, and the same years restated by ONS CPIH into today's money, which is the truer test of getting dearer. Hover for exact figures; click a legend entry to isolate a series.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £605,000 | £605,000 | 31 |
| 2025 | £595,000 | £609,228 | 97 |
| 2024 | £595,000 | £632,607 | 74 |
| 2023 | £598,000 | £657,056 | 64 |
| 2022 | £600,000 | £703,568 | 83 |
| 2021 | £600,000 | £759,677 | 97 |
| 2020 | £596,000 | £773,322 | 70 |
| 2019 | £565,000 | £740,580 | 53 |
| 2018 | £537,500 | £716,498 | 50 |
| 2017 | £550,000 | £750,145 | 69 |
| 2016 | £570,000 | £797,436 | 84 |
| 2015 | £540,000 | £763,020 | 73 |
| 2014 | £551,200 | £781,973 | 77 |
| 2013 | £420,000 | £604,338 | 96 |
| 2012 | £366,500 | £539,442 | 120 |
| 2011 | £339,400 | £512,363 | 121 |
| 2010 | £362,500 | £568,493 | 112 |
| 2009 | £385,000 | £618,891 | 135 |
| 2008 | £374,000 | £613,065 | 116 |
| 2007 | £345,000 | £585,216 | 184 |
| 2006 | £272,000 | £472,157 | 177 |
| 2005 | £250,000 | £444,899 | 135 |
| 2004 | £245,000 | £444,968 | 149 |
| 2003 | £226,000 | £416,347 | 143 |
| 2002 | £242,500 | £456,262 | 172 |
| 2001 | £203,800 | £391,795 | 136 |
| 2000 | £190,000 | £372,875 | 109 |
| 1999 | £155,000 | £308,907 | 195 |
| 1998 | £127,100 | £256,560 | 132 |
| 1997 | £108,000 | £221,486 | 139 |
| 1996 | £88,500 | £186,643 | 137 |
| 1995 | £76,000 | £165,212 | 95 |
In cash terms the typical SW8 3 home went from £76,000 in 1995 to £605,000 in 2026, roughly 8 times the price. Adjusted for inflation it still comes to a real rise of roughly 266%, so homes here got dearer in substance, not only in cash. In inflation-adjusted terms the high-water mark was 2016. The market now sits about 24% below it, so a peak-time purchase has yet to recover its real value.
Year-on-year change in the SW8 3 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 2014 (+31.2% on the year before); the weakest, 2003 (−6.8%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
Growth per year, over one to twenty years
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | +1.7% | −0.7% |
| 5 years (since 2021) | +0.2% | −4.5% |
| 10 years (since 2016) | +0.6% | −2.7% |
| 20 years (since 2006) | +4.1% | +1.2% |
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
Annual recorded sales. The post-2008 trough is the financial crisis; treat the final bar as provisional while registrations catch up.
SW8 3 recorded 31 sales in the last twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 151 sales a year before the financial crisis and 70 a year over the last five. Watch the volume as closely as the price. Thin years make jumpy medians, where one street's sales can move the figure, and the newest year is always incomplete because registrations trail completions by weeks or months.
What tenants pay around SW8 3
For renting purposes SW8 3 sits in Wandsworth. The ONS average private rent there is £2,599 a month (May 2026). Size sets most of the rent: one-beds average £1,911 a month here against £3,782 for four or more bedrooms.
Average monthly rent by size, Wandsworth
ONS Price Index of Private Rents, May 2026.
Set against the £605,000 median sold price, £2,599 a month is £31,188 a year, a gross yield of 5.2%: 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.
What kind of market SW8 3 is
Only 31 sales completed here in the last twelve months of data, which makes SW8 3 a thin market. Each figure rests on few transactions, so single streets can swing the median and the charts deserve a sceptical squint. Within SW8, this sector trades 9% above the district median: one of the dearer corners of its district.
What people ask about SW8 3 (South Lambeth)
Are property prices falling in SW8 3 (South Lambeth)?
Is SW8 3 (South Lambeth) a good place to buy a house?
How much did a house sell for in SW8 3 (South Lambeth)?
Are SW8 3 prices heading up or down?
Prediction is not this page's business. Its business is the record, which says: the median is roughly flat over five years in cash but down 20% after inflation. Read the volume chart with the price chart before acting on either, remembering that registrations trail the deals themselves by weeks.
What is for sale in SW8 right now
The live side of the market holds 109 homes at the moment, listed by 18 agents publishing to HomesIndex.
These cover the whole SW8 district, not just SW8 3: live asking prices are collected per district.
22% of what is on the market here is asking below what comparable homes actually sold for. The comparison behind each listing uses recent recorded sales of similar homes close by.
"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 SW8 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 SW
Real sold prices by size across the SW 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 | — | — | £1,050,000 | £1,797,500 (+71%) | £2,600,000 (+45%) |
| Semi-detached | £478,500 | £645,000 (+35%) | £850,000 (+32%) | £1,200,000 (+41%) | £1,800,000 (+50%) |
| Terraced | £535,000 | £685,000 (+28%) | £850,000 (+24%) | £1,210,000 (+42%) | £1,680,000 (+39%) |
| Flat | £428,000 | £590,000 (+38%) | £900,000 (+53%) | £1,850,000 (+106%) | £3,700,000 (+100%) |
Medians of recorded sales over the last four years, by built form and bedroom count. Sold homes carry no advertised bedroom count, so sizes are estimated from their EPC records; a small number of homes will sit one size out. Blank cells mean too few homes for the figure to mean anything.
The risers and the 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 districts that gained and lost most in cash terms, each row linking through to its own report.
Other sectors in SW8
Prices can differ sharply between two sectors a few minutes' walk apart. The rest of SW8, each linking to its own report:
| Sector | Median (latest) | Sales that year |
|---|---|---|
| SW8 1 | £630,000 | 24 |
| SW8 2 | £487,500 | 44 |
| SW8 4 | £466,200 | 18 |
| SW8 5 | £931,800 | 4 |
Zoom out to the full SW8 district report for the type split, monthly volumes and how SW8 compares with its neighbours.
Selling in SW8 3? Start from the sold record
Ground the asking price in real sold prices first. The average prices map gives a rough value in a minute: start at SW8 3's shading and zoom to the sold homes on the street itself. Agents work from this same Land Registry record when they value; this page puts it in front of you before they arrive.
Local estate agents: one agent per district gets the featured spot on this report, free for founding agents. Claim SW8 3.
Take it further
Behind the answers sits the same Land Registry record as this page, with SW8 3 already set as the subject. Free, one click sign in.
The live map plots every individual SW8 3 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.
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.