Key indicators for buyers
The SE11 market presents a mixed picture for buyers. Prices are rising at 32.5%, which may favour acting sooner rather than later. Affordability has improved from a peak of 15.7x in 2021 to 11.1x today. Rising rents (£2,522/mo, +7.2%) mean the cost of waiting is real.
Yearly averages · HM Land Registry Price Paid Data
2026averages · HM Land Registry Price Paid Data
House price ÷ median earnings · ONS data
Affordability data shown for wider Lambeth area
A home in Lambeth costs 11.1x the local median salary — very stretched, improving from a peak of 15.7x in 2021.
Average monthly rent · ONS Private Rental Index
Rental data shown for wider Lambeth area
Average monthly rent in Lambeth is £2,522, up 7.2% year-on-year. Rents have risen consistently over the past five years.
2yr fixed · 75% LTV · 25yr term · BoE avg. rate
Based on the average Lambeth price of £776,667 with a 25% deposit (£194k), a 2-year fixed mortgage at 3.97% costs around £3,065 per month.
Monthly cost comparison based on current data
Uses SE11 avg. price with Lambeth rental data
Monthly mortgage payments (£3,065) are £543 more than renting (£2,522). However, buying requires an upfront deposit of £194k — it would take around 12 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
9, HERALDS PLACE SE11 4NP | Flat/Maisonette | £675,000 | 12 Jan 2026 |
FLAT 6, 117, KENNINGTON PARK ROAD SE11 4JJ | Flat/Maisonette | £705,000 | 12 Jan 2026 |
FLAT 30, OAKLEY HOUSE, 4, HOTSPUR STREET SE11 6BT | Flat/Maisonette | £590,000 | 9 Jan 2026 |
FLAT 109, WEDGWOOD HOUSE, LAMBETH WALK SE11 6LW | Flat/Maisonette | £400,000 | 9 Jan 2026 |
37, HANOVER GARDENS SE11 5TN | Terraced | £1,640,000 | 9 Jan 2026 |
30, CARDIGAN STREET SE11 5PE | Flat/Maisonette | £650,000 | 5 Jan 2026 |
FLAT 1, 46, RENFREW ROAD SE11 4NA |
Data sources (all free & public): HM Land Registry Price Paid Data & UK House Price Index · ONS Housing Affordability Ratios · ONS Private Rental Index · Bank of England Quoted Household Interest Rates · HMRC Monthly Property Transactions
Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.
The average property in SE11 sold for £776,667 in 2026, with a median of £662,500 across 6 transactions. Prices rose 32.5% compared to the previous year.
| Flat/Maisonette |
| £472,500 |
| 19 Dec 2025 |
FLAT 12, BLADES HOUSE, KENNINGTON OVAL SE11 5TW | Flat/Maisonette | £410,000 | 18 Dec 2025 |
FLAT 4, CHEAM HOUSE, 144, BROOK DRIVE SE11 4TE | Flat/Maisonette | £357,000 | 17 Dec 2025 |
FLAT 9, SULLIVAN HOUSE, BLACK PRINCE ROAD SE11 6JH | Flat/Maisonette | £350,000 | 15 Dec 2025 |
FLAT 28, READ HOUSE, CLAYTON STREET SE11 5SF | Flat/Maisonette | £325,000 | 15 Dec 2025 |
FLAT 4, RANYARD COURT, 1, ELLIS TERRACE SE11 4BY | Flat/Maisonette | £530,000 | 12 Dec 2025 |
FLAT B, 55, BROOK DRIVE SE11 4TU | Flat/Maisonette | £298,000 | 11 Dec 2025 |
FLAT 8, BOLTON HOUSE, 9, GEORGE MATHERS ROAD SE11 4BS | Flat/Maisonette | £675,000 | 10 Dec 2025 |
6, BROADGATES COURT, CLEAVER STREET SE11 4DR | Flat/Maisonette | £535,000 | 5 Dec 2025 |
FLAT 8, 73 - 79, BLACK PRINCE ROAD SE11 6AB | Flat/Maisonette | £300,000 | 4 Dec 2025 |
FLAT 17, PALM HOUSE, 70, SANCROFT STREET SE11 5AH | Flat/Maisonette | £592,000 | 28 Nov 2025 |
FLAT 37, LOCKWOOD HOUSE, KENNINGTON OVAL SE11 5TA | Flat/Maisonette | £417,000 | 25 Nov 2025 |
FLAT 4, 8, SAIL STREET SE11 6NQ | Flat/Maisonette | £336,830 | 24 Nov 2025 |
FLAT D, WARNHAM COURT, 130 - 134, KENNINGTON ROAD SE11 6RD | Flat/Maisonette | £808,000 | 24 Nov 2025 |
The most recent recorded sale in SE11 was a flat/maisonette property on Heralds Place for £675,000 in January 2026. Across the last 20 sales, the median price was £530,000.