Commonwealth Way - SE2 0LE
Key Postcode Insights
SE2 0LE is a residential postcode situated on Commonwealth Way, London, SE2 with 40 addresses.
It ranks as the 415th largest and 26th 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 40 properties: 40 flats.
- Ave. Sale Price
- £207,072
- 10 Year change
- up 8.4%
- Ave. Rental Price
- £1,426pcm
- 10 Year change
- up 48.5%
- Ave. £ per ft²
- £387/ft²
- Ave. Gross Yield
- 8.3%/year/yr
Key Postcode Insights
SE2 0LE is a residential postcode situated on Commonwealth Way, London, SE2 with 40 addresses.
It ranks as the 415th largest and 26th 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 40 properties: 40 flats.
- Ave. Sale Price
- £207,072
- 10 Year change
- up 8.4%
- Ave. Rental Price
- £1,426pcm
- 10 Year change
- up 48.5%
- Ave. £ per ft²
- £387/ft²
- Ave. Gross Yield
- 8.3%/year/yr
Explore Propertiesin SE2 0LE
- 124 Commonwealth Way
2 Bed Mid-century Flat
- 126 Commonwealth Way
2 Bed Mid-century Flat
- 128 Commonwealth Way
Unknown
- 130 Commonwealth Way
Unknown
- 132 Commonwealth Way
2 Bed Mid-century Flat
Sales Market Trends
The last sale in SE2 0LE sold for £225,000 on 8th March 2024. Since then prices are down an average of 2.0%.
The current average value in the postcode is £207,072.
The SE2 0LE Sales Market has increased by 8.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.3% | £207,072 |
| June 2025 | 1.2% | £211,938 |
| June 2024 | -0.5% | £209,403 |
| June 2023 | 3.1% | £210,528 |
| June 2022 | 6.7% | £204,201 |
| June 2021 | -0.6% | £191,347 |
| June 2020 | -0.3% | £192,525 |
| June 2019 | -1.2% | £193,028 |
| June 2018 | -0.8% | £195,452 |
| June 2017 | 3.2% | £197,108 |
| June 2016 | 19.5% | £191,061 |
| June 2015 | 13.7% | £159,911 |
| June 2014 | 24.6% | £140,652 |
| June 2013 | 6.6% | £112,861 |
| June 2012 | 0.6% | £105,864 |
| June 2011 | -4.8% | £105,208 |
| June 2010 | 5.3% | £110,510 |
| June 2009 | -15.6% | £104,997 |
| June 2008 | 4.8% | £124,391 |
| June 2007 | 0% | £118,674 |
Rental Market Trends
The current average rental value in the postcode is £1,426.
The SE2 0LE Rental Market has increased by 48.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.3% | £1,426pcm |
| June 2025 | 1.6% | £1,368pcm |
| June 2024 | 8.1% | £1,346pcm |
| June 2023 | 17.5% | £1,245pcm |
| June 2022 | 5.6% | £1,060pcm |
| June 2021 | 2.5% | £1,003pcm |
| June 2020 | 3.4% | £979pcm |
| June 2019 | 0% | £947pcm |
| June 2018 | 0.7% | £947pcm |
| June 2017 | -2.2% | £940pcm |
| June 2016 | 6.1% | £961pcm |
| June 2015 | 8.1% | £906pcm |
| June 2014 | 6.2% | £838pcm |
| June 2013 | 3.1% | £789pcm |
| June 2012 | 3.7% | £766pcm |
| June 2011 | 2.8% | £738pcm |
| June 2010 | 1.4% | £718pcm |
| June 2009 | -4.1% | £708pcm |
| June 2008 | 7.4% | £738pcm |
| June 2007 | 0% | £687pcm |
Sales History
The last sale was on 8th March 2024 for £225,000 and since then the market in the area has decreased by 2.0%. The postcode has had a total of 18 sales since 1995.
SE2 0LE has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Mar 2024£225,000 | 2 Bed Flat184, Commonwealth Way, London, SE2 0LE184, Commonwealth Way, London, SE2 0LE
- Sold Aug 2022£240,000 | 2 Bed Flat190, Commonwealth Way, London, SE2 0LE190, Commonwealth Way, London, SE2 0LE
- Sold Mar 2021£215,000 | 2 Bed Flat200, Commonwealth Way, London, SE2 0LE200, Commonwealth Way, London, SE2 0LE
- Sold Nov 2017£200,000 | 2 Bed Flat158, Commonwealth Way, London, SE2 0LE158, Commonwealth Way, London, SE2 0LE
- Sold Oct 2016£180,000 | 2 Bed Flat184, Commonwealth Way, London, SE2 0LE184, Commonwealth Way, London, SE2 0LE
Nearby Postcodes
SE2 0LE is the 415th largest and the 26th most expensive postcode out of the 499 postcodes in the SE2 area.
- SE2 0LB, Commonwealth Way, London, SE2SE2 0LB44 Addresses|72 m away
- SE2 0LF, Commonwealth Way, London, SE2SE2 0LF32 Addresses|80 m away
- SE2 0LD, Commonwealth Way, London, SE2SE2 0LD30 Addresses|131 m away
- SE2 0LG, Willrose Crescent, London, SE2SE2 0LG15 Addresses|138 m away
- SE2 0JZ, Commonwealth Way, London, SE2SE2 0JZ37 Addresses|149 m away
Property Types
- 26 mid-century flats built between 1936 and 1979
- 1 early-century flat built between 1912 and 1935
- 13 other addresses of unknown type
- mid-century flat (26)
- early-century flat (1)
- Unknown (13)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 27 properties.
- The most common rating is C.
- A (0)
- E (1)
- B (1)
- F (0)
- C (17)
- G (0)
- D (8)
- No EPC (13)
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 School300 m away
- Boxgrove Primary School900 m away
- Hillsgrove Primary School1.2 km away
- St Paul's Academy1.2 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 0LE 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|2.5 km away