Area Guide For Peckham

Peckham is a district in South East London, within the London Borough of Southwark. Since the 1990s the European Union has invested in the regeneration of the area; partly funding the award-winning Peckham Library, a new town square and new housing to replace the North Peckham Estate. State funding is being provided to improve the housing stock and renovate the streets. This includes funding for public arts projects like the Tom Phillips mosaics on the wall of the Peckham Experiment restaurant. Peckham covers a large area of South London and takes in many diverse communities. A traditional London working class community now coexists with communities that have their own origins.


Peckham Map

Estimated Price: £470,483
Average Asking Price: £506,962
Price change in last one year: £46,765
Average Price Paid: £353,250
Average Rent Rates: £1,709


Property Prices Breakdown in Peckham

Average Price for property in Peckham is around £470,483 which varies based on type of property you are interested in and ranges from £775,656 for detached house to around £737,910 for semi-detached. Similarly terraced house is around £582,011 and a flat is worth £332,792. Values have been changing and have risen £5,035 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £15,247 in last 6 months, £46,765 in last 1 year, £97,821 in last 2 years, £112,622 in last 3 years, £116,452 in last 4 years and £127,026 in last 5 years.

Currently average asking price of a property in Peckham is around £506,962 based on approximately 306 properties for sale. Same is the case with rental options based on 91 properties up for rent, average asking rent is around £1,709 per month.

Estimated property value in Peckham is £470,483. Average asking price is £506,962 while average price paid is £409,907 which is up by £46,765 and Avg. asking rent £1,709.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Peckham area. In last 1 year alone average price buyer paid is around £409,907 based on approximately 306 sales in Peckham area alone. If you compare it to last 3 years sales of 1,009 properties where buyers paid around £373,164. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £353,250 for 1,604 and average amount paid for purchase of approx. 2,034 properties sold in last 7 years comes to about £339,841 per sale.


Properties For Sale in Peckham


Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £1,000,000, £592,995 for a 2 bedroom house, £655,885 for a 3 bedroom house, £774,724 for a 4 bedroom house and £1,197,500 for a 5 bedroom house. For a flat similarly the prices varies from £278,988 for a single bedroom to £401,084 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £371,295, £350,000 for a 4 bedroom flat and £599,999 for a 5 bedroom flat. To sum up the asking prices for properties in Peckham it comes to around average £310,336 for 1 bedroom property, £438,713 for 2 bedroom, £534,671 for 3 bedroom, £753,488 for 4 bedroom and £998,333 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £1,499 for 1 bedroom to £1,796 for 2 bedrooms, £2,436 for 3 bedrooms, £3,483 for 4 bedrooms and £2,947 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,145. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,487, £1,725 for 3 bedroom and £2,256 for 4 bedroom. You should be generally be expecting around average £1,158 rent per month for single bedroom property, £1,569 for 2 bedroom, £2,151 for 3 bedroom, £2,870 for 4 bedroom and approximately £2,947 for a 5 bedroom property in Peckham area.

Popular Houses in Peckham

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

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