Commonwealth Way - SE2 0LB
Key Postcode Insights
SE2 0LB is a residential postcode situated on Commonwealth Way, London, SE2 with 44 addresses.
It ranks as the 431st largest and 64th most expensive of the 499 postcodes in the SE2 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 44 properties: 1 house and 43 flats.
- Ave. Sale Price
- £232,135
- 10 Year change
- up 12.2%
- Ave. Rental Price
- £1,449pcm
- 10 Year change
- up 53.7%
- Ave. £ per ft²
- £423/ft²
- Ave. Gross Yield
- 7.5%/year/yr
Key Postcode Insights
SE2 0LB is a residential postcode situated on Commonwealth Way, London, SE2 with 44 addresses.
It ranks as the 431st largest and 64th most expensive of the 499 postcodes in the SE2 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 44 properties: 1 house and 43 flats.
- Ave. Sale Price
- £232,135
- 10 Year change
- up 12.2%
- Ave. Rental Price
- £1,449pcm
- 10 Year change
- up 53.7%
- Ave. £ per ft²
- £423/ft²
- Ave. Gross Yield
- 7.5%/year/yr
Explore Propertiesin SE2 0LB
- Suffolk Place
Building  |  4 Flats
- 44 Commonwealth Way
2 Bed Mid-century Flat
- 46 Commonwealth Way
2 Bed Early-century Flat
- 48 Commonwealth Way
Unknown
- 50 Commonwealth Way
Unknown
Sales Market Trends
The last sale in SE2 0LB sold for £245,000 on 20th April 2023. Since then prices are down an average of 0.0%.
The current average value in the postcode is £232,135.
The SE2 0LB Sales Market has increased by 12.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.5% | £232,135 |
| June 2025 | 1.7% | £238,078 |
| June 2024 | -0.9% | £234,180 |
| June 2023 | 3.3% | £236,196 |
| June 2022 | 7.5% | £228,720 |
| June 2021 | 0.5% | £212,763 |
| June 2020 | -0.1% | £211,773 |
| June 2019 | -0.7% | £211,887 |
| June 2018 | -0.5% | £213,305 |
| June 2017 | 3.6% | £214,376 |
| June 2016 | 18.8% | £206,836 |
| June 2015 | 13.7% | £174,100 |
| June 2014 | 24.9% | £153,126 |
| June 2013 | 6.9% | £122,632 |
| June 2012 | 1.3% | £114,711 |
| June 2011 | -4.2% | £113,207 |
| June 2010 | 6.8% | £118,174 |
| June 2009 | -14.9% | £110,600 |
| June 2008 | 4.2% | £129,981 |
| June 2007 | 0% | £124,691 |
Rental Market Trends
The current average rental value in the postcode is £1,449.
The SE2 0LB Rental Market has increased by 53.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.1% | £1,449pcm |
| June 2025 | 2.1% | £1,392pcm |
| June 2024 | 7.8% | £1,364pcm |
| June 2023 | 17.7% | £1,266pcm |
| June 2022 | 6.4% | £1,076pcm |
| June 2021 | 3.6% | £1,011pcm |
| June 2020 | 3.6% | £976pcm |
| June 2019 | 0.6% | £942pcm |
| June 2018 | 1.1% | £937pcm |
| June 2017 | -1.7% | £927pcm |
| June 2016 | 5.5% | £943pcm |
| June 2015 | 8.1% | £893pcm |
| June 2014 | 6.4% | £827pcm |
| June 2013 | 3.4% | £777pcm |
| June 2012 | 4.4% | £752pcm |
| June 2011 | 3.5% | £720pcm |
| June 2010 | 3% | £696pcm |
| June 2009 | -3.3% | £676pcm |
| June 2008 | 6.8% | £699pcm |
| June 2007 | 0% | £654pcm |
Sales History
The last sale was on 20th April 2023 for £245,000 and since then the market in the area has remained stable. The postcode has had a total of 9 sales since 1995.
SE2 0LB has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Apr 2023£245,000 | 2 Bed Flat98, Commonwealth Way, London, SE2 0LB98, Commonwealth Way, London, SE2 0LB
- Sold Apr 2021£220,000 | 2 Bed Flat116, Commonwealth Way, London, SE2 0LB116, Commonwealth Way, London, SE2 0LB
- Sold Dec 2020£205,000 | 2 Bed Flat94, Commonwealth Way, London, SE2 0LB94, Commonwealth Way, London, SE2 0LB
- Sold Oct 2006£119,995 | 2 Bed Flat116, Commonwealth Way, London, SE2 0LB116, Commonwealth Way, London, SE2 0LB
- Sold Mar 2006£114,250 | 2 Bed Flat94, Commonwealth Way, London, SE2 0LB94, Commonwealth Way, London, SE2 0LB
Nearby Postcodes
SE2 0LB is the 431st largest and the 64th most expensive postcode out of the 499 postcodes in the SE2 area.
- SE2 0LE, Commonwealth Way, London, SE2SE2 0LE40 Addresses|72 m away
- SE2 0JZ, Commonwealth Way, London, SE2SE2 0JZ37 Addresses|91 m away
- SE2 0LG, Willrose Crescent, London, SE2SE2 0LG15 Addresses|93 m away
- SE2 0LF, Commonwealth Way, London, SE2SE2 0LF32 Addresses|103 m away
- SE2 0LA, Shornells Way, London, SE2SE2 0LA12 Addresses|120 m away
Property Types
- 1 period flat built between 1800 and 1911
- 4 modern flats built after 1980
- 25 mid-century flats built between 1936 and 1979
- 2 early-century flats built between 1912 and 1935
- 12 other addresses of unknown type
- period flat (1)
- modern flat (4)
- mid-century flat (25)
- early-century flat (2)
- Unknown (12)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 29 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (1)
- F (0)
- C (18)
- G (0)
- D (10)
- No EPC (15)
Top 3 Most Expensive Sales
- Sold Apr 2018£457,000 | 4 Bed House38, Commonwealth Way, London, SE2 0JZ38, Commonwealth Way, London, SE2 0JZ
- Sold Nov 2025£450,000 | 3 Bed House314, Commonwealth Way, London, SE2 0JR314, Commonwealth Way, London, SE2 0JR
- Sold Nov 2024£437,000 | 3 Bed House4, Commonwealth Way, London, SE2 0JZ4, Commonwealth Way, London, SE2 0JZ
Schools Nearby
- Alexander McLeod Primary School200 m away
- Boxgrove Primary School900 m away
- St Thomas A Becket Roman Catholic Primary School1.1 km away
- St Paul's Academy1.1 km away
- Welling School1.9 km away
- Woolwich Polytechnic School for Girls2.1 km away
More reading links
Public Transport Nearby
The closest station to SE2 0LB is Abbey Wood station, which is 700 metres away.
- Abbey Wood|700 m away
- Plumstead|2.3 km away
- Welling|2.5 km away
- Belvedere|2.6 km away
