At a Glance
Average Property Price - SE10
£566,071
87
National percentile
Average Monthly Rent - SE
£2,081
92
National percentile
Average Net Household Income - SE10
£42,868
69
National percentile
Flat / Maisonette Yield - SE
4.9%
20
National percentile
10-Year Annualised Price Growth - SE10
1.2%
4
National percentile
10-Year Annualised Rent Growth - SE
3.6%
31
National percentile
Property Price & Volume Trends
Properties in SE10 are priced at an average of £566,000, placing them among the most expensive nationally. However, the area has experienced notably weak growth over the past decade, with annualised price appreciation of just 1.2%—far below the national trend. Transaction activity has also softened, with 481 sales in the latest full year compared to a 10-year average of 797 annually, suggesting a cooling market.
Rent & Yield Trends
Average monthly rents in the broader SE postcode area stand at £2,081, among the highest nationally. Rental growth over the past decade has been modest at 3.6% annually, below the national pace. Yields have improved materially, however, rising to 4.9% in the latest period from a 10-year average of 3.8%, reflecting the combination of stalled price growth and steady rental demand.
Income & Affordability Trends
Average net household income of £43,000 is notably above the national median. Purchase affordability has deteriorated: the price-to-income ratio has widened from 12.3x in 2016 to 14.2x today, indicating property has become substantially less affordable relative to local earnings. Rental affordability has moved in the opposite direction, improving from 46.6% of income in 2016 to 42.7% now.
Resident Demographic Profile
SE10 skews markedly younger than England overall, with a concentration of residents aged 25–49 (50% of the population versus 32% nationally) and only 8% aged 65 and over compared to 20% nationally. The tenure mix is distinctly rental-focused: 31% live in private rented housing and 26% in social rented, together accounting for 57% of all tenure—well above the national 38%. The workforce is heavily weighted towards professional and managerial roles, which account for 52% of employment versus 34% nationally, while trades, elementary, and caring occupations are underrepresented.