At a Glance
Average Property Price - SE15
£641,569
91
National percentile
Average Monthly Rent - SE
£2,081
92
National percentile
Average Net Household Income - SE15
£47,578
83
National percentile
Flat / Maisonette Yield - SE
4.9%
20
National percentile
10-Year Annualised Price Growth - SE15
3.2%
35
National percentile
10-Year Annualised Rent Growth - SE
3.6%
31
National percentile
Property Price & Volume Trends
The latest average property price in SE15 is £642,000, placing it among the most expensive nationally. Over the past decade, prices have grown at 3.2% annually—below the national pace of growth. Transaction activity has eased slightly, with 523 sales in the latest full year against a 10-year average of 578.
Rent & Yield Trends
Average monthly rent in the SE postcode area stands at £2,081, among the highest nationally. Over ten years, rents have grown at 3.6% per year—modestly below the national trend. The flat yield has strengthened to 4.9%, up from a 10-year average of 3.8%, reflecting improved rental returns.
Income & Affordability Trends
Average net household income is £47,578, well above the national average. Purchase affordability has improved substantially: the price-to-income ratio has fallen from 14.4x in 2016 to 12.0x today. Rental affordability has also improved, with the rent-to-income ratio declining from 46.6% to 42.7% over the same period.
Resident Demographic Profile
The population skews notably younger, with 22.6% aged 25–34 compared to 13.4% nationally, and only 8.2% aged 65 and over against 19.6% nationally. Housing tenure is dominated by social renting at 48.6%—nearly three times the national average of 16.5%—whilst owner-occupation is substantially below average. The workforce is heavily weighted towards professionals (25.1% versus 20.5% nationally) and technical roles (17.2% versus 13.2%), whilst trades and plant/machine work are significantly underrepresented.