SE23 1RZ is a residential postcode situated on Montem Road, London, SE23 with 4 addresses.
It ranks as the 28th largest and 184th most expensive of the 591 postcodes in the SE23 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 4 properties: 4 flats.
SE23 1RZ is a residential postcode situated on Montem Road, London, SE23 with 4 addresses.
It ranks as the 28th largest and 184th most expensive of the 591 postcodes in the SE23 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 4 properties: 4 flats.
Sale prices range from £361,196 for 2 bedroom leasehold flats (610 ft2) to £411,238 for 2 bedroom leasehold flats (753 ft2) .
Monthly rental prices range from £1,768 pcm for 2 bed flats to £1,959 pcm for 2 bed flats.
The gross rental yield is between 5.7% and 5.9%.
The average value per square foot is £560.
The last sale in SE23 1RZ sold for £220,200 on 29th October 2021. Since then prices are up an average of 6.7%.
The current average value in the postcode is £390,381.
The SE23 1RZ Sales Market has increased by 2.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.9% | £390,381 |
| April 2025 | 2.8% | £383,212 |
| April 2024 | -0.2% | £372,637 |
| April 2023 | -0.6% | £373,519 |
| April 2022 | 2.2% | £375,918 |
| April 2021 | 0.5% | £367,857 |
| April 2020 | 2.8% | £366,046 |
| April 2019 | -4.3% | £356,165 |
| April 2018 | -2.2% | £372,003 |
| April 2017 | -0.1% | £380,539 |
| April 2016 | 13.2% | £380,893 |
| April 2015 | 12.1% | £336,419 |
| April 2014 | 26.5% | £300,024 |
| April 2013 | 6.3% | £237,186 |
| April 2012 | 4.8% | £223,209 |
| April 2011 | 1.1% | £212,894 |
| April 2010 | 8.7% | £210,614 |
| April 2009 | -14.1% | £193,738 |
| April 2008 | 5.6% | £225,626 |
| April 2007 | 0% | £213,626 |
The current average rental value in the postcode is £1,880.
The SE23 1RZ Rental Market has increased by 31.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 5.2% | £1,880pcm |
| April 2025 | 2.5% | £1,787pcm |
| April 2024 | 5.3% | £1,744pcm |
| April 2023 | 12.1% | £1,656pcm |
| April 2022 | 6% | £1,477pcm |
| April 2021 | -0.2% | £1,394pcm |
| April 2020 | 2.3% | £1,396pcm |
| April 2019 | -0.1% | £1,365pcm |
| April 2018 | -0.8% | £1,367pcm |
| April 2017 | -3.5% | £1,379pcm |
| April 2016 | 5.7% | £1,429pcm |
| April 2015 | 7.1% | £1,351pcm |
| April 2014 | 6.8% | £1,261pcm |
| April 2013 | 2.7% | £1,181pcm |
| April 2012 | 6% | £1,150pcm |
| April 2011 | 7.9% | £1,085pcm |
| April 2010 | 0.8% | £1,005pcm |
| April 2009 | -3% | £997pcm |
| April 2008 | 4.6% | £1,029pcm |
| April 2007 | 0% | £983pcm |
The last sale was on 29th October 2021 for £220,200 and since then the market in the area has increased by 6.7%. The postcode has had a total of 8 sales since 1995.
SE23 1RZ has seen no sales in the last three years and no sales in the last twelve months.
SE23 1RZ is the 28th largest and the 184th most expensive postcode out of the 591 postcodes in the SE23 area.
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