Key indicators for buyers
The SE23 market is moderately favourable for buyers. Prices have softened (-24.3%), which could present a buying opportunity. Affordability has improved from a peak of 13.9x in 2021 to 11.1x today. Rising rents (£1,806/mo, +2.8%) 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 Lewisham area
A home in Lewisham costs 11.1x the local median salary — very stretched, improving from a peak of 13.9x in 2021.
Average monthly rent · ONS Private Rental Index
Rental data shown for wider Lewisham area
Average monthly rent in Lewisham is £1,806, up 2.8% 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 Lewisham price of £440,591 with a 25% deposit (£110k), a 2-year fixed mortgage at 3.97% costs around £1,739 per month.
Monthly cost comparison based on current data
Uses SE23 avg. price with Lewisham rental data
Monthly mortgage payments (£1,739) are £67 less than renting (£1,806). However, buying requires an upfront deposit of £110k — it would take around 8 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
57B, SIDDONS ROAD SE23 2JH | Flat/Maisonette | £360,000 | 28 Jan 2026 |
12, BLYTHE HILL PLACE SE23 1PW | Terraced | £500,000 | 20 Jan 2026 |
FLAT 3, LYNFIELD COURT, 161, DEVONSHIRE ROAD SE23 3ND | Flat/Maisonette | £330,000 | 15 Jan 2026 |
FLAT 5, CABRINI HOUSE, 2, HONOR OAK RISE SE23 3QY | Flat/Maisonette | £385,000 | 12 Jan 2026 |
43A, HONOR OAK PARK SE23 1DZ | Terraced | £280,000 | 12 Jan 2026 |
54, DEVONSHIRE ROAD SE23 3SX | Flat/Maisonette | £359,000 | 9 Jan 2026 |
23, COURTRAI ROAD SE23 1PL |
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 SE23 sold for £440,591 in 2026, with a median of £380,000 across 11 transactions. Prices fell 24.3% compared to the previous year.
| Terraced |
| £475,000 |
| 9 Jan 2026 |
FLAT D, 136, DEVONSHIRE ROAD SE23 3SZ | Flat/Maisonette | £282,500 | 9 Jan 2026 |
30, HONOR OAK ROAD SE23 3SB | Semi-detached | £890,000 | 8 Jan 2026 |
FLAT 1, 43, SUNDERLAND ROAD SE23 2PS | Flat/Maisonette | £380,000 | 6 Jan 2026 |
FLAT 15, THE PARK, 95, LONDON ROAD SE23 3UT | Flat/Maisonette | £605,000 | 6 Jan 2026 |
FLAT 3, 94, WOOLSTONE ROAD SE23 2TH | Flat/Maisonette | £218,000 | 22 Dec 2025 |
30, HOLMESLEY ROAD SE23 1PJ | Terraced | £990,000 | 19 Dec 2025 |
2, MONTROSE WAY SE23 2DG | Terraced | £565,000 | 19 Dec 2025 |
66B, SIDDONS ROAD SE23 2JQ | Flat/Maisonette | £362,500 | 19 Dec 2025 |
32A, HURSTBOURNE ROAD SE23 2AB | Flat/Maisonette | £410,000 | 19 Dec 2025 |
48, EWART ROAD SE23 1BQ | Flat/Maisonette | £321,500 | 19 Dec 2025 |
4, NOEL TERRACE SE23 3JJ | Flat/Maisonette | £585,000 | 19 Dec 2025 |
85, BROCKLEY RISE SE23 1JN | Semi-detached | £825,000 | 18 Dec 2025 |
38, HOLMESLEY ROAD SE23 1PJ | Terraced | £931,000 | 17 Dec 2025 |
The most recent recorded sale in SE23 was a flat/maisonette property on Siddons Road for £360,000 in January 2026. Across the last 20 sales, the median price was £410,000.