Typical 3-bedroom house£620kmost £535k–£746k
Houses per m²£6,236flats £5,960
Sold last year5143,563 in five years
Prices in Lambeth-6.4%on a year ago
A typical 3-bedroom house in SW16 sold for £620,160 over the last five years, in today's money; most went for between £535,423 and £746,130, for about 99 m² of space. That is 26% less than the same home across London (£840,000).
514 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 £291k for one bedroom. Within the district, houses cost the least per m² in SW16 4 (£5,336) and the most in SW16 6 (£6,934).
Across Lambeth, prices are down 6.4% on a year ago and down 4% over five years. Renting a similar home there costs about £2,682 a month; a 90% mortgage on the typical price would be around £2,828 a month at 4.5% over 30 years. Lenders would typically want a household income of about £124,000 for that mortgage: what £130,000 buys.
Questions about SW16
Is SW16 a good area to buy a home?
What the numbers say: a 3-bedroom house costs 26% less than across London; prices in Lambeth are down 6.4% on a year ago; the best state primary nearby is above the England average (92% against 64%); the best secondary is above it (77.1% against 43.8%); 514 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 SW16?
A typical 3-bedroom house in SW16 sold for £620,160 over the last five years, in today's money. Most sold between £535,423 and £746,130.
Is SW16 expensive for London?
A 3-bedroom house in SW16 costs 26% less than the typical 3-bedroom house across London (£840,000).
How many homes sell in SW16 each year?
514 homes sold in the last year and 3,563 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 SW16?
The best-performing state primary within 2 km is St Andrew's Catholic Primary School, where 92% of pupils met the expected standard at age 11 (England: 64%).
Where is cheaper near SW16?
For a 3-bedroom house, CR4 (£507k, 3 km), CR7 (£437k, 3 km), SE25 (£489k, 4 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.