Peckham House Prices, London
Peckham is an area, located in the borough Southwark.
Peckham House Prices
![Peckham house prices chart Peckham house prices chart](https://image.howtoestate.com/@howtoestate-website-images/charts/house-prices-area-118.webp)
As of June, 2024, the average house prices in Peckham are as follows:
- studio – £250,000 (-7.69%)
- 1 bedroom flat – £350,000 (-1.16%)
- 2 bedroom flat – £500,000 (1.44%)
- 3 bedroom flat – £790,000 (2.34%)
- 4 bedroom flat – £1,125,000 (-0.16%)
- 5 bedroom flat – £1,325,000 (-3.01%)
Keep in mind that these are simply the average rates for Peckham house prices, so you can find quality properties for more or less than these numbers. In addition to this month’s sold house prices in Peckham, let’s explore how sales are trending this year.
Selling Trends
- As of June, 2024, the average Peckham house price is £500,000, high by 0.01% as of £499,950 in May, 2024.
- Currently, there are 936 houses for sale and an average of 27 property sales per month. Demand in the real estate market is low, so that price may fall.
Check back next month for updated Peckham house prices.
Peckham House Prices Growth
![Peckham house price growth Peckham house price growth](https://image.howtoestate.com/@howtoestate-website-images/charts/house-prices-growth-area-118.webp)
The average house price in Peckham over the last 5 years is as follows:
- 2019-06 – £482,934
- 2020-06 – £509,918 (5.59%)
- 2021-06 – £526,619 (3.28%)
- 2022-06 – £536,642 (1.9%)
- 2023-06 – £544,062 (1.38%)
- 2024-06 – £524,449 (-3.6%)
Sold house prices in Peckham have dropped from June, 2023 to June, 2024. Compared to June, 2019, house prices are now up 8%. Thus, if the trend continues, purchasing real estate in Peckham in the current climate could be favourable, with the potential for an attractive profit in the future.
In addition to checking the average Peckham house prices, it’s also wise to keep an eye on house rent prices in Peckham. If you aren’t quite ready to buy or want to purchase an investment property, it’s a good idea to stay up-to-date on the latest rent rates!
Check back to HowToEstate soon for updated prices on renting, buying, and selling property in Peckham.