Housing Market Analysis for COMMERCIAL WAY, SE15 5GQ

Are you looking to understand SE15 5GQ house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Southwark postcode.

For the location information and nearby amenities in the SE15 5GQ area, explore the SE15 5GQ Area information page.
For comprehensive crime statistics in the SE15 5GQ area, explore the SE15 5GQ Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the SE15 5GQ postcode area, The average prices are as follows,

  • Flat
    • The average price is around £191,587 median price is £169,950 Standard Deviation is £100,580 with Total Sold: 65
    • The Last 5 Year average price is £357,938 with Total Sold: 8
    • The most recent sale happened at this postcode is FLAT 1, 112 COMMERCIAL WAY: £440,000 (Sold on 11 Jul 2022)
    • The first recorded sale happened at this postcode is FLAT 10, MORLEY HOUSE, 110 COMMERCIAL WAY: £365,000 (Sold on 17 Nov 2023)

Sold Price Trend Over the Years:

Below table and chart gives the average SE15 5GQ house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£440,000 £7,333 1
2021£357,000 £6,293 3
2020£370,000 £5,692 1
2019£308,750 £6,059 2
2018£330,250 £6,524 4
2016£360,000 £6,545 1
2015£310,000 £6,352 2
2014£286,650 £4,815 3
2013£197,000 £3,129 3
2012£170,750 £3,510 2
2010£187,000 £3,071 2
2009£200,000 £3,333 1
2007£188,333 £3,726 3
2006£173,833 £3,104 3
2005£168,000 £3,055 1
2004£169,238 £2,986 4
2003£147,750 £2,925 4
2002£142,667 £2,436 3
2001£125,750 £2,121 4
2000£102,536 £1,908 4
1999£81,430 £1,438 13
2023£365,000 £5,748 1

All the Sales in the COMMERCIAL WAY, SE15 5GQ

See the table below for more details on the sold house prices in the SE15 5GQ, Southwark postcode.

AddressSold DatePrice% Change
FLAT 1, 112 COMMERCIAL WAYFlat, LeaseholdArea: 60 Sq.mtrAge: 2003-200611 Jul 2022£440,0004.51%
13 Jul 2018£421,00050.38%
17 Jan 2014£279,95039.97%
20 Nov 2009£200,000122.23%
22 Oct 1999£89,995First Sale
FLAT 2, MARKDALE HOUSE, 114 COMMERCIAL WAYFlat, Leasehold09 Aug 2021£355,00069.86%
04 Oct 2013£209,000First Sale
FLAT 9, MORLEY HOUSE, 110 COMMERCIAL WAYFlat, LeaseholdArea: 55 Sq.mtrAge: 1996-200225 Jun 2021£366,0001.67%
10 Nov 2016£360,000130.77%
09 Feb 2004£156,000108.01%
29 Jun 1999£74,995First Sale
FLAT 11, MORLEY HOUSE, 110 COMMERCIAL WAYFlat, LeaseholdArea: 59 Sq.mtrAge: 1996-200226 Feb 2021£350,000293.28%
29 Jul 1999£88,995First Sale
FLAT 8, MARKDALE HOUSE, 114 COMMERCIAL WAYFlat, LeaseholdArea: 65 Sq.mtrAge: 1996-200208 Dec 2020£370,000First Sale
FLAT 1, MARKDALE HOUSE, 114 COMMERCIAL WAYFlat, Leasehold16 Aug 2019£260,00026.83%
17 Dec 2018£205,000First Sale
FLAT 5, MORLEY HOUSE, 110 COMMERCIAL WAYFlat, LeaseholdArea: 59 Sq.mtrAge: 1996-200205 Apr 2019£357,50093.24%
29 Oct 2004£185,00027.59%
14 Oct 2003£145,00070.60%
28 Jun 1999£84,995First Sale
FLAT 6, MARKDALE HOUSE, 114 COMMERCIAL WAYFlat, Leasehold10 Dec 2018£315,000First Sale
FLAT 8, MORLEY HOUSE, 110 COMMERCIAL WAYFlat, LeaseholdArea: 63 Sq.mtrAge: 1996-200230 Nov 2018£380,000107.65%
02 Nov 2010£183,0001.67%
13 Nov 2006£180,00042.69%
15 Sep 2000£126,15045.01%
30 Jun 1999£86,995First Sale
FLAT 7, MARKDALE HOUSE, 114 COMMERCIAL WAYFlat, LeaseholdArea: 45 Sq.mtrAge: 1996-200222 Dec 2015£300,000First Sale
FLAT 4, MORLEY HOUSE, 110 COMMERCIAL WAYFlat, LeaseholdArea: 53 Sq.mtrAge: 1996-200227 Mar 2015£320,00080.28%
30 Nov 2006£177,50074.02%
04 May 2000£102,00034.22%
28 Jun 1999£75,995First Sale
FLAT 3, MORLEY HOUSE, 110 COMMERCIAL WAYFlat, LeaseholdArea: 53 Sq.mtrAge: 1996-200224 Oct 2014£300,00050.00%
30 Oct 2007£200,00066.67%
10 Jan 2001£120,000First Sale
FLAT 5, MARKDALE HOUSE, 114 COMMERCIAL WAYFlat, LeaseholdArea: 68 Sq.mtrAge: 1996-200226 Mar 2014£280,000First Sale
FLAT 10, MORLEY HOUSE, 110 COMMERCIAL WAYFlat, LeaseholdArea: 63.5 Sq.mtrAge: 1996-200217 May 2013£180,000122.24%
30 Jul 1999£80,995-77.81%
17 Nov 2023£365,000First Sale
FLAT 9, 114 COMMERCIAL WAYFlat, LeaseholdArea: 59 Sq.mtrAge: 1991-199511 Feb 2013£202,0005.76%
12 Feb 2010£191,00045.80%
27 May 2002£131,000First Sale
FLAT 1, MORLEY HOUSE, 110 COMMERCIAL WAYFlat, LeaseholdArea: 39.2 Sq.mtrAge: 1996-200228 Sep 2012£160,00020.30%
07 Nov 2003£133,000104.63%
25 Jun 1999£64,995First Sale
FLAT 8, 114 COMMERCIAL WAYFlat, LeaseholdArea: 61.76 Sq.mtrAge: 1996-200209 Aug 2012£181,50045.20%
27 Jul 2001£125,000First Sale
FLAT 12, MORLEY HOUSE, 110 COMMERCIAL WAYFlat, LeaseholdArea: 53 Sq.mtrAge: 1996-200223 Jul 2007£195,00017.47%
16 Aug 2004£166,000115.60%
30 Jul 1999£76,995First Sale
FLAT 7, MORLEY HOUSE, 110 COMMERCIAL WAYFlat, Leasehold05 Feb 2007£170,00099.65%
30 Jun 1999£85,150First Sale
FLAT 6, MORLEY HOUSE, 110 COMMERCIAL WAYFlat, LeaseholdArea: 52.8 Sq.mtrAge: 1996-200223 Jun 2006£164,00034.43%
21 Jun 2002£122,00064.88%
24 Jun 1999£73,995First Sale
FLAT 3, 114 COMMERCIAL WAYFlat, LeaseholdArea: 55 Sq.mtrAge: 1996-200216 Dec 2005£168,000First Sale
FLAT 6, 114 COMMERCIAL WAYFlat, LeaseholdArea: 59.86 Sq.mtrAge: 1996-200228 May 2004£169,950First Sale
FLAT 5, 114 COMMERCIAL WAYFlat, Leasehold11 Jul 2003£159,000First Sale
FLAT 10, 114 COMMERCIAL WAYFlat, Leasehold17 Apr 2003£154,000First Sale
FLAT 2, MORLEY HOUSE, 110 COMMERCIAL WAYFlat, LeaseholdArea: 63 Sq.mtrAge: 1996-200218 Dec 2002£175,00034.62%
23 Nov 2001£130,00052.95%
24 Jun 1999£84,995First Sale
FLAT 2, 112 COMMERCIAL WAYFlat, LeaseholdArea: 60 Sq.mtrAge: 1996-200226 Jan 2001£128,00043.02%
15 Oct 1999£89,495First Sale
FLAT 1, 114 COMMERCIAL WAYFlat, LeaseholdArea: 40.8 Sq.mtrAge: 1991-199512 May 2000£78,000First Sale
FLAT 12, 114 COMMERCIAL WAYFlat, LeaseholdArea: 58 Sq.mtrAge: 1983-199014 Apr 2000£103,995First Sale

Check out the sold house prices near the SE15 5GQ postcode. Properties currently for saleProperties currently for rent

COMMERCIAL WAY, SE15 5GQ Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the SE15 5GQ postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the SE15 5GQ postcode.

  • Terraced
    • The average price is around £307,246 median price is £239,000 Standard Deviation is £225,605 with Total Sold: 717
    • The Last 5 Year average price is £655,784 with Total Sold: 90
    • The most recent sale happened at this postcode is , 17 CALYPSO CRESCENT: £750,000 (Sold on 03 Sep 2024)
    • The first recorded sale happened at this postcode is , 5 HOLBECK ROW: £44,000 (Sold on 02 Jan 1995)
  • Flat
    • The average price is around £240,924 median price is £214,000 Standard Deviation is £126,078 with Total Sold: 2,131
    • The Last 5 Year average price is £387,459 with Total Sold: 418
    • The most recent sale happened at this postcode is FLAT 2, 34 BURCHER GALE GROVE: £290,000 (Sold on 30 Aug 2024)
    • The first recorded sale happened at this postcode is FLAT B, 28 PECKHAM HILL STREET: £34,000 (Sold on 17 Feb 1995)
  • Other
    • The average price is around £2,602,339 median price is £407,500 Standard Deviation is £7,512,931 with Total Sold: 66
    • The Last 5 Year average price is £4,714,614 with Total Sold: 29
    • The most recent sale happened at this postcode is , 104 PECKHAM HIGH STREET: £670,000 (Sold on 06 Aug 2024)
    • The first recorded sale happened at this postcode is , 52 GOLDSMITH ROAD: £2,000,000 (Sold on 10 Dec 2013)
  • Semi-Detached
    • The average price is around £273,690 median price is £195,000 Standard Deviation is £247,360 with Total Sold: 61
    • The Last 5 Year average price is £791,000 with Total Sold: 5
    • The most recent sale happened at this postcode is , 13 RADNOR ROAD: £1,040,000 (Sold on 06 Oct 2023)
    • The first recorded sale happened at this postcode is , 5 PECKHAM HILL STREET: £60,000 (Sold on 30 Jun 1995)
  • Detached
    • The average price is around £577,239 median price is £438,000 Standard Deviation is £567,015 with Total Sold: 18
    • The Last 5 Year average price is £740,000 with Total Sold: 2
    • The most recent sale happened at this postcode is , 44 PECKHAM HILL STREET: £840,000 (Sold on 16 Feb 2022)
    • The first recorded sale happened at this postcode is UNIT E, 117 PECKHAM HIGH STREET: £60,000 (Sold on 17 Apr 1998)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£830,833 £7,684 6
2023£698,115 £7,279 13
2022£689,855 £7,397 21
2021£590,808 £7,218 15
2020£700,481 £6,745 16
2019£547,539 £5,883 19
2018£707,786 £6,262 14
2017£656,528 £6,805 18
2016£576,044 £6,025 24
2015£448,075 £5,185 20
2014£434,111 £4,991 23
2013£335,747 £3,383 18
2012£327,677 £2,900 11
2011£316,135 £4,277 13
2010£297,664 £3,109 18
2009£259,750 £2,756 6
2008£281,184 £2,998 19
2007£291,800 £2,742 35
2006£238,983 £2,902 35
2005£260,876 £2,260 41
2004£264,339 £2,552 33
2003£248,072 £2,577 39
2002£174,772 £1,845 46
2001£161,155 £1,939 47
2000£140,516 £1,674 64
1999£114,091 £1,316 32
1998£72,121 £871 25
1997£68,344 £649 19
1996£72,066 £707 15
1995£54,104 £538 12
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£344,378 £5,873 32
2023£395,347 £6,210 64
2022£384,969 £6,180 77
2021£372,836 £6,157 77
2020£420,346 £6,240 91
2019£377,053 £5,824 77
2018£329,608 £5,728 83
2017£343,735 £5,702 82
2016£317,001 £5,574 97
2015£295,693 £4,905 127
2014£277,110 £4,578 138
2013£205,150 £3,474 99
2012£202,384 £3,442 53
2011£183,711 £2,800 51
2010£168,779 £3,058 46
2009£157,589 £2,685 28
2008£190,517 £3,362 87
2007£178,691 £2,934 99
2006£199,887 £3,552 152
2005£164,143 £2,802 84
2004£156,149 £2,788 67
2003£160,468 £2,488 101
2002£139,167 £2,391 104
2001£109,362 £2,011 58
2000£85,453 £1,640 45
1999£74,522 £1,151 70
1998£55,125 £816 16
1997£37,982 £584 14
1996£30,083 £533 6
1995£33,983 £650 6
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£392,5002
2023£201,667 £4,811 3
2022£438,750 £5,616 4
2021£12,467,2009
2020£3,579,125 £218 4
2019£1,008,214 £5,890 7
2018£1,372,458 £4,696 12
2017£433,996 £1,469 12
2016£297,000 £6,863 6
2015£2,241,3463
2014£949,020 £12,040 3
2013£2,000,000 £16,129 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£1,040,0001
2022£1,000,000 £5,780 1
2020£825,000 £7,051 1
2019£545,000 £6,411 2
2018£595,000 £5,721 1
2017£660,000 £9,851 1
2014£718,083 £5,875 3
2013£550,500 £3,182 1
2011£250,000 £1,853 1
2009£312,000 £4,845 1
2007£302,338 £3,180 8
2006£270,000 £3,068 1
2005£350,800 £2,938 4
2003£215,0001
2002£159,586 £1,946 7
2001£144,300 £1,918 5
2000£152,500 £2,283 3
1999£123,000 £1,488 4
1998£80,479 £1,042 7
1997£62,849 £805 3
1996£83,817 £375 3
1995£60,000 £706 2
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£840,000 £9,655 1
2021£640,000 £8,205 1
2017£2,200,0001
2015£450,000 £5,172 1
2014£1,368,6752
2007£759,000 £2,786 1
2003£356,667 £2,414 3
2002£656,300 £6,378 1
2001£155,000 £1,987 1
2000£426,0001
1999£117,5002
1998£73,883 £921 3

House Type in SE15 5GQ area

The most common house types in the SE15 5GQ postcode area are Terraced (61), Flat (35), and Semi-detached (20).

Total126
Terraced61
Flat35
Semi-detached20
Detached9
Shared house1
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (46), and Private rented: Private landlord or letting agency (41).

Owned: Owns with a mortgage or loan46
Private rented: Private landlord or letting agency41
Owned: Owns outright29
Shared ownership: Shared ownership6
Private rented: Other private rented3
Social rented: Rents from council or Local Authority1
Does not apply0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the SE15 5GQ have 2 people in household (42), and 1 person in household (33).

2 people in household42
1 person in household33
3 people in household20
4 people in household17
5 people in household7
6 people in household4
8 or more people in household2
7 people in household1
0 people in household0