Commercial Way - SE15 5GQ
Key Postcode Insights
SE15 5GQ is a residential postcode situated on Commercial Way, London, SE15 with 26 addresses.
It ranks as the 596th largest and 330th most expensive of the 1,119 postcodes in the SE15 area. The most common property type is a modern flat built after 1980.
The postcode contains a total of 26 properties: 26 flats.
- Ave. Sale Price
- £350,288
- 10 Year change
- down 0.1%
- Ave. Rental Price
- £1,987pcm
- 10 Year change
- up 38.5%
- Ave. £ per ft²
- £573/ft²
- Ave. Gross Yield
- 6.8%/year/yr
Key Postcode Insights
SE15 5GQ is a residential postcode situated on Commercial Way, London, SE15 with 26 addresses.
It ranks as the 596th largest and 330th most expensive of the 1,119 postcodes in the SE15 area. The most common property type is a modern flat built after 1980.
The postcode contains a total of 26 properties: 26 flats.
- Ave. Sale Price
- £350,288
- 10 Year change
- down 0.1%
- Ave. Rental Price
- £1,987pcm
- 10 Year change
- up 38.5%
- Ave. £ per ft²
- £573/ft²
- Ave. Gross Yield
- 6.8%/year/yr
Explore Propertiesin SE15 5GQ
- Markdale House
Modern Building | 12 Units
- Morley House
Modern Building | 12 Units
- 112 Commercial Way
Building | 2 Flats
Sales Market Trends
The last sale in SE15 5GQ sold for £218,900 on 12th September 2025. Since then prices are down an average of 0.9%.
The current average value in the postcode is £350,288.
The SE15 5GQ Sales Market has decreased by 0.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.7% | £350,288 |
| June 2025 | 0.7% | £356,229 |
| June 2024 | 1.9% | £353,665 |
| June 2023 | -2% | £347,152 |
| June 2022 | 1.2% | £354,230 |
| June 2021 | -1.5% | £350,182 |
| June 2020 | 3.3% | £355,379 |
| June 2019 | 0% | £343,942 |
| June 2018 | -2.7% | £343,809 |
| June 2017 | 0.8% | £353,428 |
| June 2016 | 13.2% | £350,610 |
| June 2015 | 10.5% | £309,603 |
| June 2014 | 27.1% | £280,301 |
| June 2013 | 12.7% | £220,510 |
| June 2012 | 5.7% | £195,690 |
| June 2011 | -0.5% | £185,068 |
| June 2010 | 11.5% | £186,044 |
| June 2009 | -12.7% | £166,882 |
| June 2008 | 0.4% | £191,145 |
| June 2007 | 0% | £190,409 |
Rental Market Trends
The current average rental value in the postcode is £1,987.
The SE15 5GQ Rental Market has increased by 38.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 5.3% | £1,987pcm |
| June 2025 | 3.5% | £1,887pcm |
| June 2024 | 4.6% | £1,823pcm |
| June 2023 | 12% | £1,743pcm |
| June 2022 | 12.2% | £1,557pcm |
| June 2021 | -5.8% | £1,387pcm |
| June 2020 | 2.2% | £1,473pcm |
| June 2019 | 0.6% | £1,441pcm |
| June 2018 | 1.5% | £1,432pcm |
| June 2017 | -1.6% | £1,411pcm |
| June 2016 | 4.6% | £1,435pcm |
| June 2015 | 9.6% | £1,372pcm |
| June 2014 | 8.4% | £1,252pcm |
| June 2013 | 0.3% | £1,155pcm |
| June 2012 | 7.9% | £1,152pcm |
| June 2011 | 8.4% | £1,067pcm |
| June 2010 | 3.5% | £984pcm |
| June 2009 | -8% | £951pcm |
| June 2008 | 6.4% | £1,034pcm |
| June 2007 | 0% | £972pcm |
Sales History
The last sale was on 12th September 2025 for £218,900 and since then the market in the area has decreased by 0.9%. The postcode has had a total of 67 sales since 1995.
SE15 5GQ has seen 3 sales in the last three years and 1 sale in the last twelve months.
- Sold Sep 2025£218,900 | 2 Bed FlatFlat 12, Markdale House 114, Commercial Way, London, SE15 5GQFlat 12, Markdale House 114, Commercial Way, London, SE15 5GQ
- Sold Oct 2024£345,000 | 2 Bed FlatFlat 3, Morley House 110, Commercial Way, London, SE15 5GQFlat 3, Morley House 110, Commercial Way, London, SE15 5GQ
- Sold Nov 2023£365,000 | 2 Bed FlatFlat 10, Morley House 110, Commercial Way, London, SE15 5GQFlat 10, Morley House 110, Commercial Way, London, SE15 5GQ
- Sold Jul 2022£440,000 | 2 Bed FlatFlat 1, 112, Commercial Way, London, SE15 5GQFlat 1, 112, Commercial Way, London, SE15 5GQ
- Sold Aug 2021£355,000 | 2 Bed FlatFlat 2, Markdale House 114, Commercial Way, London, SE15 5GQFlat 2, Markdale House 114, Commercial Way, London, SE15 5GQ
Nearby Postcodes
SE15 5GQ is the 596th largest and the 330th most expensive postcode out of the 1,119 postcodes in the SE15 area.
- SE15 6JW, Sumner Road, London, SE15SE15 6JW8 Addresses|43 m away
- SE15 5GW, Sumner Road, London, SE15SE15 5GW23 Addresses|67 m away
- SE15 5FZ, Compton Close, London, SE15SE15 5FZ11 Addresses|70 m away
- SE15 6DB, Commercial Way, London, SE15SE15 6DB24 Addresses|74 m away
- SE15 5GG, Commercial Way, London, SE15SE15 5GG12 Addresses|77 m away
Property Types
- 26 modern flats built after 1980
- modern flat (26)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 23 properties.
- The most common rating is C.
- A (0)
- E (1)
- B (4)
- F (0)
- C (16)
- G (0)
- D (2)
- No EPC (3)
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
- St James the Great Roman Catholic Primary School300 m away
- Oliver Goldsmith Primary School500 m away
- Harris Primary Academy Peckham Park500 m away
- Harris Academy Peckham500 m away
- Ark Walworth Academy1.2 km away
- The St Thomas the Apostle College1.3 km away
More reading links
Public Transport Nearby
The closest station to SE15 5GQ is Peckham Rye station, which is 800 metres away.
- Peckham Rye|800 m away
- Queens Road (Peckham)|1.1 km away
- Queens Road Peckham|1.1 km away
- Denmark Hill|1.5 km away