At a Glance
Average Property Price - SE2
£420,105
71
National percentile
Average Monthly Rent - SE
£2,081
92
National percentile
Average Net Household Income - SE2
£48,244
84
National percentile
Flat / Maisonette Yield - SE
4.9%
20
National percentile
10-Year Annualised Price Growth - SE2
3.9%
64
National percentile
10-Year Annualised Rent Growth - SE
3.6%
31
National percentile
Property Price & Volume Trends
The average property price in SE2 is £420,000, placing it among the more expensive areas nationally. Over the past decade, prices have grown at 3.9% annually—a pace slightly above the national average. Transaction activity has eased recently, with 164 sales in the latest full year compared to a 10-year average of 196, suggesting a modest slowdown in market momentum.
Rent & Yield Trends
Average monthly rent across the broader SE postcode area is £2,081, among the highest in England. Rent growth over the past decade has been steady at 3.6% annually, though this sits below the national average pace. Flat yields have improved noticeably, currently standing at 4.9% compared to a 10-year average of 3.8%, reflecting a shift in the investment landscape.
Income & Affordability Trends
Household incomes in SE2 are well above the national average at £48,244. The price-to-income ratio stands at 8.4x, an improvement from 9.3x in 2016, indicating that property values have become more proportionate to earnings. Rental affordability has also improved, with the rent-to-income ratio falling to 42.7% from 46.6% in 2016, easing the cost of renting relative to local incomes.
Resident Demographic Profile
SE2 has a notably younger age profile than England overall, with 23.8% of residents under 15 and just 9.6% aged 65 and over, compared to national averages of 17.5% and 19.6%. Housing tenure is distinctive: social rented housing accounts for 33% of homes—nearly double the national average—while owner-occupation is proportionally lower. Employment is skewed toward caring roles (13.1% versus 9.2% nationally) and elementary occupations (14.6% versus 10.2%), reflecting the area's socioeconomic composition.