Key indicators for buyers
The SE15 market is moderately favourable for buyers. Affordability has improved from a peak of 14.2x in 2017 to 10.8x today.
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 Southwark area
A home in Southwark costs 10.8x the local median salary — very stretched, improving from a peak of 14.2x in 2017.
Average monthly rent · ONS Private Rental Index
Rental data shown for wider Southwark area
Average monthly rent in Southwark is £2,388, up 1.7% 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 Southwark price of £651,864 with a 25% deposit (£163k), a 2-year fixed mortgage at 3.97% costs around £2,572 per month.
Monthly cost comparison based on current data
Uses SE15 avg. price with Southwark rental data
Monthly mortgage payments (£2,572) are £184 more than renting (£2,388). However, buying requires an upfront deposit of £163k — it would take around 10 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
FLAT 18, RICHLAND HOUSE, GOLDSMITH ROAD SE15 5SZ | Flat/Maisonette | £357,500 | 30 Jan 2026 |
62, MONTAGUE SQUARE SE15 2LR | Flat/Maisonette | £292,000 | 26 Jan 2026 |
140A, FRIARY ROAD, PECKHAM SE15 5UW | Flat/Maisonette | £725,000 | 23 Jan 2026 |
28, NUNHEAD LANE SE15 3TU | Other | £1,300,000 | 21 Jan 2026 |
FLAT 1, 28, NUNHEAD LANE SE15 3TU | Flat/Maisonette | £200,000 | 20 Jan 2026 |
APARTMENT 3, BANK APARTMENTS, 112, PECKHAM RYE SE15 4HA | Flat/Maisonette | £405,000 | 16 Jan 2026 |
FLAT 56, 9, EVAN COOK CLOSE SE15 2HL |
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 SE15 sold for £651,864 in 2026, with a median of £407,500 across 22 transactions. Prices rose 2.6% compared to the previous year.
| Flat/Maisonette |
| £345,000 |
| 16 Jan 2026 |
FLAT 42, LEYLAND COURT, SHIELD STREET SE15 6PJ | Flat/Maisonette | £450,000 | 14 Jan 2026 |
FLAT B, 28, WAGNER STREET SE15 1NN | Flat/Maisonette | £315,000 | 13 Jan 2026 |
FLAT 22, FROME HOUSE, PECKHAM RYE SE15 3JE | Flat/Maisonette | £200,000 | 9 Jan 2026 |
65A, ASYLUM ROAD SE15 2RJ | Flat/Maisonette | £410,000 | 9 Jan 2026 |
19, WINGFIELD STREET SE15 4LN | Terraced | £1,060,000 | 9 Jan 2026 |
74, LYNDHURST WAY SE15 5AP | Semi-detached | £2,102,500 | 9 Jan 2026 |
FLAT 3, 8, DORTON CLOSE SE15 6LT | Flat/Maisonette | £265,000 | 9 Jan 2026 |
71, COPLESTON ROAD SE15 4AH | Terraced | £1,200,000 | 9 Jan 2026 |
103, SCYLLA ROAD SE15 3RZ | Terraced | £720,000 | 9 Jan 2026 |
18, CHADWICK ROAD SE15 4RA | Terraced | £1,308,000 | 9 Jan 2026 |
FLAT 30, BROOKSTONE COURT, PECKHAM RYE SE15 3UN | Flat/Maisonette | £360,000 | 7 Jan 2026 |
FLAT 5, 111, CHANDLER WAY SE15 6GB | Flat/Maisonette | £390,000 | 7 Jan 2026 |
FLAT 36, WICKWAY COURT, CATOR STREET SE15 6QB | Flat/Maisonette | £325,000 | 6 Jan 2026 |
The most recent recorded sale in SE15 was a flat/maisonette property on Goldsmith Road for £357,500 in January 2026. Across the last 20 sales, the median price was £405,000.