Property trends for SE11

    SE11 covers central South London, taking in parts of Lambeth including Kennington and the Oval. The area is characterised by dense urban development with a strong mix of residential, commercial, and institutional uses.

    At a Glance

    Average Property Price - SE11

    £597,317

    89

    National percentile

    Average Monthly Rent - SE

    £2,081

    92

    National percentile

    Average Net Household Income - SE11

    £48,669

    86

    National percentile

    Flat / Maisonette Yield - SE

    4.9%

    20

    National percentile

    10-Year Annualised Price Growth - SE11

    -0.1%

    2

    National percentile

    10-Year Annualised Rent Growth - SE

    3.6%

    31

    National percentile

    Property Price & Volume Trends

    SE11 is among the most expensive postcode districts nationally, with an average price of £597,000. However, the area has experienced virtually no price growth over the past decade, with an annualised rate of -0.1%, placing it among the slowest-growing districts nationally. Transaction activity has softened in the latest year, with 170 sales recorded against a 10-year average of 191.

    Rent & Yield Trends

    Rents in the broader SE area are among the highest nationally at £2,081 per month, though rental growth over the past decade has been modest at 3.6% annually—well below the national average. The rental yield has improved materially, rising from a 10-year average of 3.8% to 4.9% in the latest year, signalling a shift in the investment case.

    Income & Affordability Trends

    Average household income is well above the national norm at £49,000, reflecting the area's professional demographic. The price-to-income ratio of 13.5x remains elevated, though it has improved markedly from 16.9x in 2016, indicating better affordability relative to local earnings. Rental affordability has similarly strengthened, with rent-to-income falling from 46.6% to 42.7% over the same period.

    Resident Demographic Profile

    The area skews distinctly young and professional. Those aged 25–34 represent nearly a quarter of the population, well above the national average of 13.4%, whilst the over-65s account for just 9.2% compared to the national 19.6%. Housing tenure is dominated by private and social renting, with 72.6% in these categories—far above the national 38.2%—and outright ownership at only 10.1%. The employment profile is heavily weighted towards professionals at 31.1%, significantly above the national 20.5%, with a particularly strong concentration in technical roles at 17.8%.

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