298, Commercial Way - SE15 1QN
Key Building Insights
298, Commercial Way is a residential building situated on Commercial Way, London, SE15 with 6 addresses.
It ranks as the 2456th largest and 304th most expensive of the 2,997 buildings in the SE15 area. The most common property type is a mid-century flat built between 1936 and 1979.
The building contains a total of 6 properties: 6 flats.
- Ave. Sale Price
- £316,023
- 10 Year change
- down 1.8%
- Ave. Rental Price
- £1,807pcm
- 10 Year change
- up 35.4%
- Ave. £ per ft²
- £645/ft²
- Ave. Gross Yield
- 6.9%/year/yr
Key Building Insights
298, Commercial Way is a residential building situated on Commercial Way, London, SE15 with 6 addresses.
It ranks as the 2456th largest and 304th most expensive of the 2,997 buildings in the SE15 area. The most common property type is a mid-century flat built between 1936 and 1979.
The building contains a total of 6 properties: 6 flats.
- Ave. Sale Price
- £316,023
- 10 Year change
- down 1.8%
- Ave. Rental Price
- £1,807pcm
- 10 Year change
- up 35.4%
- Ave. £ per ft²
- £645/ft²
- Ave. Gross Yield
- 6.9%/year/yr
Explore Propertieson Commercial Way, London, SE15
- Flat 1, 298 Commercial Way
2 Bed Mid-century Flat
- Flat 2, 298 Commercial Way
2 Bed Mid-century Flat
- Flat 3, 298 Commercial Way
1 Bed Mid-century Flat
- Flat 4, 298 Commercial Way
Unknown
- Flat 5, 298 Commercial Way
1 Bed Mid-century Flat
Sales Market Trends
The last sale in 298, Commercial Way sold for £41,500 on 3rd June 1999. Since then prices are down an average of 0.0%.
The current average value in the building is £316,023.
The 298, Commercial Way Sales Market has decreased by 1.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.8% | £316,023 |
| June 2025 | 0.5% | £321,866 |
| June 2024 | 0.6% | £320,143 |
| June 2023 | -2.7% | £318,254 |
| June 2022 | 3.1% | £326,943 |
| June 2021 | -1.7% | £317,217 |
| June 2020 | 2.6% | £322,853 |
| June 2019 | -1.7% | £314,674 |
| June 2018 | -2.1% | £320,083 |
| June 2017 | 1.6% | £326,836 |
| June 2016 | 13% | £321,806 |
| June 2015 | 11.8% | £284,767 |
| June 2014 | 25.8% | £254,743 |
| June 2013 | 11% | £202,471 |
| June 2012 | 5.4% | £182,332 |
| June 2011 | -0.4% | £172,990 |
| June 2010 | 10.2% | £173,765 |
| June 2009 | -13.4% | £157,722 |
| June 2008 | 1.6% | £182,169 |
| June 2007 | 0% | £179,333 |
Rental Market Trends
The current average rental value in the building is £1,807.
The 298, Commercial Way Rental Market has increased by 35.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.9% | £1,807pcm |
| June 2025 | 2.5% | £1,722pcm |
| June 2024 | 4.6% | £1,680pcm |
| June 2023 | 12.1% | £1,606pcm |
| June 2022 | 11.7% | £1,432pcm |
| June 2021 | -6% | £1,283pcm |
| June 2020 | 1.9% | £1,364pcm |
| June 2019 | 1.7% | £1,339pcm |
| June 2018 | 0.8% | £1,317pcm |
| June 2017 | -2.1% | £1,306pcm |
| June 2016 | 6% | £1,334pcm |
| June 2015 | 9% | £1,259pcm |
| June 2014 | 7.5% | £1,155pcm |
| June 2013 | 1.7% | £1,075pcm |
| June 2012 | 7% | £1,057pcm |
| June 2011 | 7.7% | £987pcm |
| June 2010 | 4% | £916pcm |
| June 2009 | -8.7% | £882pcm |
| June 2008 | 4.8% | £966pcm |
| June 2007 | 0% | £922pcm |
Sales History
The last sale was on 3rd June 1999 for £41,500 and since then the market in the area has remained stable. The building has had a total of 1 sales since 1995.
298, Commercial Way, London, SE15 1QN has seen no sales in the last three years and no sales in the last twelve months.
Property Types
- 4 mid-century flats built between 1936 and 1979
- 2 other addresses of unknown type
- mid-century flat (4)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 4 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (3)
- G (0)
- D (1)
- No EPC (2)
Top 3 Most Expensive Sales
- Sold Aug 2025£950,000 | 5 Bed House109, Commercial Way, London, SE15 6DB109, Commercial Way, London, SE15 6DB
- Sold Oct 2022£930,000 | 4 Bed House218, Commercial Way, London, SE15 1PT218, Commercial Way, London, SE15 1PT
- Sold Jan 2019£900,000 | 4 Bed House294, Commercial Way, London, SE15 1QN294, Commercial Way, London, SE15 1QN
Schools Nearby
- Bird In Bush School100 m away
- St Francis RC Primary School400 m away
- Pilgrims' Way Primary School400 m away
- City of London Academy (Southwark)1.0 km away
- The St Thomas the Apostle College1.1 km away
- Harris Academy Peckham1.2 km away
More reading links
Public Transport Nearby
The closest station to 298, Commercial Way, London, SE15 1QN is Queens Road (Peckham) station, which is 700 metres away.
- Queens Road (Peckham)|700 m away
- Queens Road Peckham|800 m away
- South Bermondsey|1.0 km away
- Peckham Rye|1.2 km away
