Property trends for SE7

    SE7 covers Greenwich and surrounding areas in southeast London, positioned on the Thames south of the city centre. It is a mixed residential district with significant social housing and a diverse working-age population.

    At a Glance

    Average Property Price - SE7

    £536,984

    84

    National percentile

    Average Monthly Rent - SE

    £2,081

    92

    National percentile

    Average Net Household Income - SE7

    £39,228

    55

    National percentile

    Flat / Maisonette Yield - SE

    4.9%

    20

    National percentile

    10-Year Annualised Price Growth - SE7

    3.4%

    42

    National percentile

    10-Year Annualised Rent Growth - SE

    3.6%

    31

    National percentile

    Property Price & Volume Trends

    The average property price in SE7 is £537,000, placing it among the most expensive nationally. Over the past decade, prices have grown at 3.4% annually—a below-average pace compared with the rest of the UK. Transaction activity has slowed notably: 139 sales were completed in the latest full year, down from a 10-year average of 194, suggesting a less active market than its longer-term trend.

    Rent & Yield Trends

    Rents in the broader SE postcode area average £2,081 per month, ranking among the highest nationally. Rental growth over the past decade has been 3.6% annually, slightly below the national pace. The flat yield currently stands at 4.9%, a meaningful rise from the 10-year average of 3.8%, indicating improving returns for landlords.

    Income & Affordability Trends

    Average household income in SE7 is £39,228, close to the national median. Purchase affordability has tightened: the price-to-income ratio now stands at 12.5x, compared with 11.2x in 2016, making property substantially less affordable relative to local earnings. Rental affordability has improved markedly: rent now consumes 42.7% of gross income, down from 46.6% in 2016.

    Resident Demographic Profile

    SE7 has a notably youthful population structure, with 20.4% under 15 and particularly strong representation in the 35–49 age group (25.1%), both well above national averages. The district is dominated by social rented housing (35.4%), more than double the national proportion, while outright ownership is unusually low at 14.3%. The workforce is skewed toward professional roles (27.2%), significantly above average, reflecting a higher-skilled labour profile than the nation overall.

    Explore nearby