Property trends for SE21

    SE21 covers Dulwich and surrounding areas in south London, positioned between the Thames and the Surrey borders. It is an established residential neighbourhood known for its leafy streets, strong community feel, and proximity to green spaces.

    At a Glance

    Average Property Price - SE21

    £908,696

    97

    National percentile

    Average Monthly Rent - SE

    £2,081

    92

    National percentile

    Average Net Household Income - SE21

    £63,567

    99

    National percentile

    Flat / Maisonette Yield - SE

    4.9%

    20

    National percentile

    10-Year Annualised Price Growth - SE21

    1.2%

    4

    National percentile

    10-Year Annualised Rent Growth - SE

    3.6%

    31

    National percentile

    Property Price & Volume Trends

    SE21 is among the most expensive postcodes nationally, with an average price of £909,000. However, growth has been sluggish: the annualised 10-year rise of 1.2% ranks among the slowest nationally. Transaction activity has softened, with 130 sales in the latest year against a 10-year average of 174—a decline of about 25%.

    Rent & Yield Trends

    Monthly rents average £2,081, placing the area in the top 8% nationally. Rent growth of 3.6% annually over the past decade has been modest relative to the country as a whole. The flat yield has improved to 4.9% from a 10-year average of 3.8%, reflecting stronger rental returns relative to prices in recent years.

    Income & Affordability Trends

    Average household income of £63,567 is among the highest nationally. The price-to-income ratio of 17.6x has improved since 2016 (when it stood at 19.0x), suggesting modest gains in purchase affordability. Rental affordability has also improved: the rent-to-income ratio has eased from 46.6% in 2016 to 42.7% today.

    Resident Demographic Profile

    The area skews notably towards families and working-age professionals. Those aged 35–49 make up 24.2%—well above the national average of 18.7%—while children under 15 account for 21.1%, also elevated. Professional and managerial roles are heavily overrepresented, together accounting for over half the workforce. Tenure is mixed: social rented housing at 24.4% is above the national norm of 16.5%, while outright ownership at 22.8% is below average. Trades workers are notably underrepresented.

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