Key indicators for buyers
The SW16 market is moderately favourable for buyers. 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 £574,091 with a 25% deposit (£144k), a 2-year fixed mortgage at 3.97% costs around £2,266 per month.
Monthly cost comparison based on current data
Uses SW16 avg. price with Lambeth rental data
Monthly mortgage payments (£2,266) are £256 less than renting (£2,522). However, buying requires an upfront deposit of £144k — it would take around 7 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
THE FORGE, 120, BESLEY STREET SW16 6BD | Detached | £1,000,000 | 27 Jan 2026 |
137, ROWAN ROAD SW16 5HU | Terraced | £420,000 | 26 Jan 2026 |
FLAT 20, STREATHAM COURT, STREATHAM HIGH ROAD SW16 1DL | Flat/Maisonette | £407,500 | 26 Jan 2026 |
19, FALLSBROOK ROAD SW16 6DU | Flat/Maisonette | £380,000 | 23 Jan 2026 |
FLAT 1, 140, MITCHAM LANE SW16 6NS | Flat/Maisonette | £443,000 | 23 Jan 2026 |
FLAT 4, 20, MOUNTEARL GARDENS SW16 2PA | Flat/Maisonette | £288,000 | 19 Jan 2026 |
33, WOODLEIGH GARDENS SW16 2SX |
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 SW16 sold for £574,091 in 2026, with a median of £446,500 across 22 transactions. Prices rose 2.9% compared to the previous year.
| Flat/Maisonette |
| £580,000 |
| 16 Jan 2026 |
120, LEVERSON STREET SW16 6DE | Flat/Maisonette | £640,000 | 16 Jan 2026 |
7, HITHERFIELD ROAD SW16 2LW | Terraced | £1,377,500 | 16 Jan 2026 |
FLAT 5, SPA HOUSE, 303, STREATHAM HIGH ROAD SW16 3NQ | Flat/Maisonette | £325,000 | 12 Jan 2026 |
FLAT 1, 1549, LONDON ROAD SW16 4AD | Flat/Maisonette | £285,000 | 12 Jan 2026 |
110, NORFOLK HOUSE ROAD, STREATHAM SW16 1JH | Terraced | £1,060,000 | 12 Jan 2026 |
FLAT 2, 33, ELLISON ROAD SW16 5BX | Flat/Maisonette | £450,000 | 12 Jan 2026 |
FLAT 18, SHEPLEY COURT, 50, ALDRINGTON ROAD SW16 1TT | Flat/Maisonette | £360,000 | 9 Jan 2026 |
FLAT 2, 16, PENDLE ROAD SW16 6RU | Flat/Maisonette | £439,000 | 9 Jan 2026 |
56, DONNYBROOK ROAD SW16 5AZ | Terraced | £657,500 | 9 Jan 2026 |
75, TURLE ROAD SW16 5QW | Terraced | £465,000 | 9 Jan 2026 |
39, CEDARVILLE GARDENS SW16 3DA | Flat/Maisonette | £790,000 | 9 Jan 2026 |
7, LEVERSON STREET SW16 6DQ | Terraced | £775,000 | 9 Jan 2026 |
28, CHURCHMORE ROAD SW16 5XB | Terraced | £700,000 | 6 Jan 2026 |
The most recent recorded sale in SW16 was a detached property on Besley Street for £1,000,000 in January 2026. Across the last 20 sales, the median price was £465,000.