Commercial Way - SE15 1PU
Key Postcode Insights
SE15 1PU is a residential postcode situated on Commercial Way, London, SE15 with 32 addresses.
It ranks as the 719th largest and 662nd most expensive of the 1,119 postcodes in the SE15 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 32 properties: 8 houses and 24 flats.
- Ave. Sale Price
- £463,562
- 10 Year change
- up 5.6%
- Ave. Rental Price
- £2,282pcm
- 10 Year change
- up 46.2%
- Ave. £ per ft²
- £658/ft²
- Ave. Gross Yield
- 5.9%/year/yr
Key Postcode Insights
SE15 1PU is a residential postcode situated on Commercial Way, London, SE15 with 32 addresses.
It ranks as the 719th largest and 662nd most expensive of the 1,119 postcodes in the SE15 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 32 properties: 8 houses and 24 flats.
- Ave. Sale Price
- £463,562
- 10 Year change
- up 5.6%
- Ave. Rental Price
- £2,282pcm
- 10 Year change
- up 46.2%
- Ave. £ per ft²
- £658/ft²
- Ave. Gross Yield
- 5.9%/year/yr
Explore Propertiesin SE15 1PU
- 234A Commercial Way
3 Bed Early-century House
- 234 Commercial Way
3 Bed House
- 236 Commercial Way
Unknown
- 238 Commercial Way
Unknown
- 240 Commercial Way
Unknown
Sales Market Trends
The last sale in SE15 1PU sold for £560,000 on 5th May 2023. Since then prices are up an average of 0.8%.
The current average value in the postcode is £463,562.
The SE15 1PU Sales Market has increased by 5.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.1% | £463,562 |
| June 2025 | 1% | £473,472 |
| June 2024 | 1.5% | £468,779 |
| June 2023 | -1.2% | £461,951 |
| June 2022 | 1.5% | £467,606 |
| June 2021 | 0.3% | £460,550 |
| June 2020 | 4.2% | £459,108 |
| June 2019 | 1.1% | £440,675 |
| June 2018 | -2.1% | £436,080 |
| June 2017 | 1.5% | £445,468 |
| June 2016 | 12.5% | £438,973 |
| June 2015 | 7.7% | £390,348 |
| June 2014 | 26.2% | £362,384 |
| June 2013 | 13.2% | £287,097 |
| June 2012 | 6.8% | £253,610 |
| June 2011 | 1.7% | £237,392 |
| June 2010 | 12.7% | £233,349 |
| June 2009 | -12.2% | £207,045 |
| June 2008 | 1.2% | £235,731 |
| June 2007 | 0% | £232,882 |
Rental Market Trends
The current average rental value in the postcode is £2,282.
The SE15 1PU Rental Market has increased by 46.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.9% | £2,282pcm |
| June 2025 | 3.7% | £2,176pcm |
| June 2024 | 4.5% | £2,100pcm |
| June 2023 | 13% | £2,010pcm |
| June 2022 | 12.3% | £1,779pcm |
| June 2021 | -4.1% | £1,584pcm |
| June 2020 | 3.1% | £1,653pcm |
| June 2019 | 2.1% | £1,603pcm |
| June 2018 | 1.9% | £1,570pcm |
| June 2017 | -1.2% | £1,542pcm |
| June 2016 | 3.9% | £1,561pcm |
| June 2015 | 6.7% | £1,502pcm |
| June 2014 | 7.7% | £1,408pcm |
| June 2013 | 1.3% | £1,307pcm |
| June 2012 | 8.9% | £1,291pcm |
| June 2011 | 11% | £1,185pcm |
| June 2010 | 5.3% | £1,067pcm |
| June 2009 | -7.7% | £1,014pcm |
| June 2008 | 6.6% | £1,099pcm |
| June 2007 | 0% | £1,030pcm |
Sales History
The last sale was on 5th May 2023 for £560,000 and since then the market in the area has increased by 0.8%. The postcode has had a total of 20 sales since 1995.
SE15 1PU has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold May 2023£560,000 | 3 Bed House242, Commercial Way, London, SE15 1PU242, Commercial Way, London, SE15 1PU
- Sold Dec 2022£496,000 | 3 Bed House242, Commercial Way, London, SE15 1PU242, Commercial Way, London, SE15 1PU
- Sold Oct 2021£350,000 | 1 Bed Flat252A, Commercial Way, London, SE15 1PU252A, Commercial Way, London, SE15 1PU
- Sold Nov 2016£535,000 | 4 Bed House248, Commercial Way, London, SE15 1PU248, Commercial Way, London, SE15 1PU
- Sold Jun 2016£540,000 | 4 Bed House248, Commercial Way, London, SE15 1PU248, Commercial Way, London, SE15 1PU
Nearby Postcodes
SE15 1PU is the 719th largest and the 662nd most expensive postcode out of the 1,119 postcodes in the SE15 area.
- SE15 1QG, Hoyland Close, London, SE15SE15 1QG23 Addresses|50 m away
- SE15 1AX, Naylor Road, London, SE15SE15 1AX8 Addresses|76 m away
- SE15 1QB, Elcot Avenue, London, SE15SE15 1QB32 Addresses|85 m away
- SE15 1QD, Elcot Avenue, London, SE15SE15 1QD15 Addresses|89 m away
- SE15 1BE, Naylor Road, London, SE15SE15 1BE16 Addresses|89 m away
Property Types
- 2 period houses built between 1800 and 1911
- 1 house of an unknown age
- 1 early-century house built between 1912 and 1935
- 28 other addresses of unknown type
- period house (2)
- house (1)
- early-century house (1)
- Unknown (28)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 16 properties.
- The most common rating is C.
- A (0)
- E (2)
- B (0)
- F (0)
- C (7)
- G (0)
- D (7)
- No EPC (16)
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 School200 m away
- Harris Primary Academy Peckham Park300 m away
- St Francis RC Primary School300 m away
- Harris Academy Peckham1.0 km away
- The St Thomas the Apostle College1.0 km away
- City of London Academy (Southwark)1.1 km away
More reading links
Public Transport Nearby
The closest station to SE15 1PU is Queens Road (Peckham) station, which is 700 metres away.
- Queens Road (Peckham)|700 m away
- Queens Road Peckham|700 m away
- Peckham Rye|1.1 km away
- South Bermondsey|1.2 km away