Housing Market Analysis for PALACE ROAD, SW2 3EW

Are you looking to understand SW2 3EW 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 Lambeth postcode.

For the location information and nearby amenities in the SW2 3EW area, explore the SW2 3EW Area information page.
For comprehensive crime statistics in the SW2 3EW area, explore the SW2 3EW Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the SW2 3EW postcode area, The average prices are as follows,

Flat
- The average price is around £197,258 median price is £180,000 Standard Deviation is £113,543 with Total Sold: 37
- The Last 5 Year average price is £334,929 with Total Sold: 7
- The most recent sale happened at this postcode is FLAT 24, DESPARD HOUSE, 43 PALACE ROAD: £270,000 (Sold on 17 May 2022)
- The first recorded sale happened at this postcode is FLAT 19, DESPARD HOUSE, 43 PALACE ROAD: £18,500 (Sold on 25 Sep 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average SW2 3EW 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£325,000	£5,346	2
2021	£342,500	£4,772	4
2019	£324,500	£4,160	1
2017	£325,250	£5,202	2
2016	£333,367	£4,379	3
2015	£211,250	£4,225	2
2014	£240,875	£3,578	4
2011	£131,333	£2,082	3
2010	£163,000	£2,198	1
2007	£165,000	£2,115	1
2006	£115,000	£2,456	2
2005	£140,000	£2,275	2
2004	£80,000	£1,633	1
2003	£180,000	£2,195	1
2002	£115,000	£1,496	1
2001	£83,500	£1,086	1
2000	£54,483	£939	3
1997	£26,500	£541	1
1996	£18,500	£378	2

All the Sales in the PALACE ROAD, SW2 3EW

See the table below for more details on the sold house prices in the SW2 3EW, Lambeth postcode.

Address	Sold Date	Price	% Change
FLAT 24, DESPARD HOUSE, 43 PALACE ROADFlat, LeaseholdArea: 45 Sq.mtrAge: 1967-1975	17 May 2022	£270,000	18.16%
	18 Dec 2014	£228,500	84.27%
	05 Dec 2011	£124,000	3.33%
	10 May 2006	£120,000	First Sale
FLAT 3, DESPARD HOUSE, 43 PALACE ROADFlat, LeaseholdArea: 81 Sq.mtrAge: 1967-1975	27 Apr 2022	£380,000	First Sale
FLAT 1, DESPARD HOUSE, 43 PALACE ROADFlat, LeaseholdArea: 82 Sq.mtrAge: 1967-1975	30 Sep 2021	£372,500	3.47%
	29 Jul 2016	£360,000	53.19%
	11 Jun 2014	£235,000	30.56%
	07 Apr 2003	£180,000	First Sale
FLAT 16, DESPARD HOUSE, 43 PALACE ROADFlat, LeaseholdArea: 78 Sq.mtrAge: 1950-1966	06 Aug 2021	£365,000	12.48%
	13 Feb 2019	£324,500	29.80%
	02 May 2014	£249,999	51.51%
	05 Jan 2007	£165,000	First Sale
FLAT 4, DESPARD HOUSE, 43 PALACE ROADFlat, LeaseholdArea: 81 Sq.mtrAge: 1967-1975	28 Jun 2021	£390,000	14.54%
	27 Jan 2017	£340,500	First Sale
FLAT 21, DESPARD HOUSE, 43 PALACE ROADFlat, LeaseholdArea: 48 Sq.mtrAge: 1976-1982	23 Feb 2021	£242,500	First Sale
FLAT 30, DESPARD HOUSE, 43 PALACE ROADFlat, LeaseholdArea: 50 Sq.mtrAge: 1950-1966	01 Dec 2017	£310,000	40.91%
	25 Nov 2015	£220,000	8.64%
	20 Oct 2015	£202,500	55.77%
	08 Jul 2005	£130,000	First Sale
FLAT 13, DESPARD HOUSE, 43 PALACE ROADFlat, LeaseholdArea: 76.89 Sq.mtrAge: 1967-1975	29 Jan 2016	£310,000	93.75%
	12 Sep 2011	£160,000	6.67%
	17 Aug 2005	£150,000	30.43%
	08 May 2002	£115,000	37.72%
	06 Jul 2001	£83,500	First Sale
FLAT 9, DESPARD HOUSE, 43 PALACE ROADFlat, LeaseholdArea: 70 Sq.mtrAge: 1967-1975	22 Jan 2016	£330,101	First Sale
FLAT 5, DESPARD HOUSE, 43 PALACE ROADFlat, LeaseholdArea: 79 Sq.mtrAge: 1950-1966	28 Mar 2014	£250,000	First Sale
FLAT 14, DESPARD HOUSE, 43 PALACE ROADFlat, LeaseholdArea: 78 Sq.mtrAge: 1967-1975	28 Jun 2011	£110,000	60.58%
	10 Nov 2000	£68,500	First Sale
FLAT 8, DESPARD HOUSE, 43 PALACE ROADFlat, LeaseholdArea: 74.16 Sq.mtrAge: 1950-1966	01 Mar 2010	£163,000	First Sale
FLAT 20, DESPARD HOUSE, 43 PALACE ROADFlat, LeaseholdArea: 49 Sq.mtrAge: 1967-1975	23 Feb 2006	£110,000	First Sale
FLAT 19, DESPARD HOUSE, 43 PALACE ROADFlat, LeaseholdArea: 49 Sq.mtrAge: 1967-1975	08 Dec 2004	£80,000	128.57%
	17 Apr 2000	£35,000	89.19%
	04 Oct 1996	£18,500	0.0
	25 Sep 1996	£18,500	First Sale
FLAT 27, DESPARD HOUSE, 43 PALACE ROADFlat, LeaseholdArea: 49 Sq.mtrAge: 1950-1966	21 Mar 2000	£59,950	126.23%
	03 Nov 1997	£26,500	First Sale

Check out the sold house prices near the SW2 3EW postcode. Properties currently for saleProperties currently for rent

PALACE ROAD, SW2 3EW Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the SW2 3EW 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 SW2 3EW postcode.

Flat
- The average price is around £239,043 median price is £211,000 Standard Deviation is £145,098 with Total Sold: 3,475
- The Last 5 Year average price is £419,110 with Total Sold: 584
- The most recent sale happened at this postcode is FLAT 5, 69 MOUNT NOD ROAD: £542,500 (Sold on 20 Sep 2024)
- The first recorded sale happened at this postcode is , 75 CHRISTCHURCH ROAD: £35,000 (Sold on 11 Jan 1995)
Semi-Detached
- The average price is around £541,920 median price is £436,000 Standard Deviation is £368,718 with Total Sold: 593
- The Last 5 Year average price is £1,012,542 with Total Sold: 103
- The most recent sale happened at this postcode is , 4 LUPIN CLOSE: £875,000 (Sold on 09 Sep 2024)
- The first recorded sale happened at this postcode is , 10 KINGSMEAD ROAD: £102,500 (Sold on 03 Apr 1995)
Terraced
- The average price is around £347,985 median price is £275,000 Standard Deviation is £265,512 with Total Sold: 868
- The Last 5 Year average price is £734,124 with Total Sold: 125
- The most recent sale happened at this postcode is , 32 PERRAN ROAD: £740,000 (Sold on 08 Jun 2024)
- The first recorded sale happened at this postcode is , 4 ASHURST GARDENS: £91,000 (Sold on 16 Jan 1995)
Other
- The average price is around £591,678 median price is £42,000 Standard Deviation is £1,687,185 with Total Sold: 63
- The Last 5 Year average price is £408,734 with Total Sold: 29
- The most recent sale happened at this postcode is , 64 DOWNTON AVENUE: £24,500 (Sold on 12 Mar 2024)
- The first recorded sale happened at this postcode is , 18B PARADE MEWS: £22,774 (Sold on 16 Jan 2013)
Detached
- The average price is around £707,807 median price is £650,000 Standard Deviation is £496,161 with Total Sold: 81
- The Last 5 Year average price is £1,271,569 with Total Sold: 17
- The most recent sale happened at this postcode is , 89 KINGSMEAD ROAD: £666,666 (Sold on 19 Jan 2024)
- The first recorded sale happened at this postcode is , 72 PALACE ROAD: £243,500 (Sold on 10 May 1995)

Sold Price Trend Over the Years:

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£396,519	£5,442	52
2023	£446,301	£6,699	82
2022	£424,154	£6,548	100
2021	£415,218	£6,508	173
2020	£420,004	£6,419	80
2019	£409,238	£6,486	97
2018	£406,418	£6,635	86
2017	£410,302	£6,552	130
2016	£384,381	£6,139	97
2015	£354,524	£5,637	142
2014	£317,026	£5,291	156
2013	£265,768	£4,068	141
2012	£244,642	£3,918	106
2011	£222,060	£3,441	100
2010	£230,681	£3,577	55
2009	£203,533	£3,043	61
2008	£225,595	£3,661	81
2007	£219,695	£3,548	164
2006	£195,592	£3,116	180
2005	£188,173	£2,838	139
2004	£173,638	£2,711	157
2003	£159,585	£2,334	148
2002	£139,985	£2,203	155
2001	£113,646	£1,805	151
2000	£101,593	£1,702	136
1999	£79,457	£1,302	128
1998	£64,838	£994	125
1997	£54,253	£756	96
1996	£46,345	£672	82
1995	£44,278	£661	75

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£1,125,000	£6,849	5
2023	£1,021,640	£7,579	15
2022	£1,070,524	£6,956	21
2021	£1,004,879	£6,634	27
2020	£1,031,906	£6,512	16
2019	£906,263	£5,969	19
2018	£832,333	£5,840	18
2017	£1,062,033	£6,645	15
2016	£941,750	£5,916	20
2015	£828,628	£5,417	25
2014	£790,331	£5,569	18
2013	£720,926	£4,576	20
2012	£591,373	£4,000	28
2011	£486,550	£3,908	22
2010	£477,695	£3,705	10
2009	£339,333	£3,192	3
2008	£467,500	£2,687	6
2007	£492,740	£3,075	26
2006	£378,804	£2,638	23
2005	£367,618	£3,880	25
2004	£352,088	£2,265	30
2003	£321,000	£2,111	16
2002	£319,219	£2,235	30
2001	£234,350	£1,747	24
2000	£220,787	£1,830	19
1999	£192,310	£1,248	24
1998	£153,100	£1,053	31
1997	£124,512	£873	32
1996	£116,240	£905	10
1995	£118,613	£593	15

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£624,833	£6,736	9
2023	£680,479	£5,996	19
2022	£808,888	£6,342	34
2021	£704,439	£5,978	23
2020	£852,073	£5,883	11
2019	£694,337	£5,949	29
2018	£651,607	£5,677	21
2017	£648,525	£5,377	20
2016	£651,439	£5,870	19
2015	£535,494	£4,862	18
2014	£611,052	£4,824	19
2013	£431,195	£3,929	26
2012	£344,411	£3,157	23
2011	£357,812	£2,880	24
2010	£405,125	£3,701	16
2009	£350,800	£2,678	15
2008	£322,156	£2,707	16
2007	£349,777	£2,897	32
2006	£311,639	£2,719	47
2005	£268,343	£2,251	29
2004	£275,889	£3,124	51
2003	£304,741	£3,425	33
2002	£253,658	£2,374	37
2001	£204,379	£1,983	39
2000	£165,101	£1,491	39
1999	£130,671	£1,032	40
1998	£129,639	£1,068	46
1997	£108,155	£777	58
1996	£87,737	£668	38
1995	£82,315	£695	37

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£24,500		2
2023	£553,017		6
2022	£10,694	£165	1
2021	£402,686	£5,931	7
2020	£506,167	£2,495	6
2019	£374,243	£2,271	7
2018	£98,796	£2,790	13
2017	£1,728,575	£50,850	11
2016	£831,667	£12,246	6
2015	£35,000		1
2014	£38,000		2
2013	£22,774		1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£666,666	£4,762	1
2023	£1,354,500	£5,989	4
2022	£1,202,333	£7,517	3
2021	£1,315,000	£7,631	3
2020	£1,495,000	£6,708	2
2019	£1,247,500	£6,083	4
2018	£1,352,500	£6,143	2
2017	£1,450,000	£5,331	1
2016	£840,000	£3,849	2
2015	£807,728	£6,673	2
2014	£981,667	£6,268	3
2013	£680,000	£4,528	3
2012	£872,500	£4,834	2
2011	£932,500	£4,117	2
2010	£690,000	£4,207	2
2009	£1,100,000	£3,791	1
2007	£656,125	£4,845	4
2006	£613,500	£2,721	4
2005	£688,500	£2,610	2
2004	£717,500	£2,754	2
2003	£530,000	£2,041	2
2002	£259,444	£1,426	3
2001	£512,000	£1,991	3
2000	£357,990	£1,740	5
1999	£244,325	£1,560	6
1998	£317,500	£1,632	2
1997	£208,500	£1,065	4
1996	£133,400	£511	5
1995	£266,750	£1,016	2

House Type in SW2 3EW area

The most common house types in the SW2 3EW postcode area are Flat (111), Terraced (13), and Shared house (6).

Total	137
Flat	111
Terraced	13
Shared house	6
Semi-detached	5
converted building	1
commercial building	1
Detached	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Rents from council or Local Authority (47), and Owned: Owns with a mortgage or loan (39).

Social rented: Rents from council or Local Authority	47
Owned: Owns with a mortgage or loan	39
Private rented: Private landlord or letting agency	18
Owned: Owns outright	17
Social rented: Other social rented	13
Private rented: Other private rented	2
Does not apply	0
Shared ownership: Shared ownership	0
Lives rent free	0

Number of People in a Household

The most houses in the SW2 3EW have 2 people in household (54), and 1 person in household (52).

2 people in household	54
1 person in household	52
3 people in household	18
4 people in household	11
5 people in household	3
7 people in household	1
8 or more people in household	1
0 people in household	0
6 people in household	0