Buying a home in SE15, London. What it costs, what you get and where else to look.

Typical 3-bedroom house£909kmost £767k–£1.08m
Houses per m²£8,599flats £6,617
Sold last year2942,177 in five years
Prices in Southwark+0.1%on a year ago

A typical 3-bedroom house in SE15 sold for £908,823 over the last five years, in today's money; most went for between £767,495 and £1,082,829, for about 99 m² of space. That is 8% more than the same home across London (£840,000).

294 homes sold here in the last year: one of the busier markets in England and Wales, so there is usually plenty to choose from. Flats start at around £320k for one bedroom. Within the district, houses cost the least per m² in SE15 6 (£6,419) and the most in SE15 4 (£9,903).

Across Southwark, prices are up 0.1% on a year ago and up 6.2% over five years. Renting a similar home there costs about £2,732 a month; a 90% mortgage on the typical price would be around £4,144 a month at 4.5% over 30 years. Lenders would typically want a household income of about £182,000 for that mortgage: what £190,000 buys.

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House prices in SE15 by bedrooms

BedroomsTypical priceMost sell forSizeSold, 5 years
1£557,605£434k–£715k50 m²27
2£714,156£576k–£841k71 m²168
3£908,823£767k–£1.08m99 m²451
4£1,061,957£882k–£1.29m127 m²172
5+£1,285,480£1.07m–£1.73m159 m²78

Prices by type of home

1 bed2 bed3 bed4 bed5+ bed
Houses£558k£714k£909k£1.06m£1.29m
Detached——£884k——
Semi-detached—£779k£1.03m£1.18m£1.4m
Terraced£545k£709k£905k£1.04m£1.24m
Flats£320k£415k£462k£492k£671k

Typical sale price over the last five years, adjusted to today's prices with the UK House Price Index.

Price per m² across SE15

Postcode sectorHousesFlats
SE15 1£7,208£5,505
SE15 2£8,035£6,745
SE15 3£8,348£6,731
SE15 4£9,903£8,003
SE15 5£8,571£6,757
SE15 6£6,419£5,825

Schools near SE15

Best state primary within 2 kmHaberdashers' Hatcham Free School90% met the expected standard at 11 · England 64%34 state primaries within 2 km
Best state secondary within 5 kmThe St Thomas the Apostle College73.9% got grade 5+ in English and maths · England 43.8%58 state secondaries within 5 km

Nearby areas

More space for the money: a 3-bed house in SE5 is about 107 m² for £914k.

Questions about SE15

Is SE15 a good area to buy a home?

What the numbers say: a 3-bedroom house costs 8% more than across London; prices in Southwark are up 0.1% on a year ago; the best state primary nearby is above the England average (90% against 64%); the best secondary is above it (73.9% against 43.8%); 294 homes sold here last year. Whether it suits you depends on your budget and what you need nearby, so compare it with the districts around it below.

How much is a 3-bedroom house in SE15?

A typical 3-bedroom house in SE15 sold for £908,823 over the last five years, in today's money. Most sold between £767,495 and £1,082,829.

Is SE15 expensive for London?

A 3-bedroom house in SE15 costs 8% more than the typical 3-bedroom house across London (£840,000).

How many homes sell in SE15 each year?

294 homes sold in the last year and 2,177 in five years: one of the busier markets in England and Wales, so there is usually plenty to choose from.

What are the schools like near SE15?

The best-performing state primary within 2 km is Haberdashers' Hatcham Free School, where 90% of pupils met the expected standard at age 11 (England: 64%).

Where is cheaper near SE15?

For a 3-bedroom house, SE14 (£790k, 2 km), SE4 (£817k, 2 km), SE17 (£813k, 3 km).

Sources: HM Land Registry price paid data matched to the EPC register for size and bedrooms, last five years in today's prices; UK House Price Index (July 2026); ONS private rents (August 2026); DfE school performance tables. Districts with fewer than five sales of a kind are left out. The mortgage figure is an illustration, not advice.