SE23 3RW is a residential postcode situated on Honor Oak Road, London, SE23 with 18 addresses.
It ranks as the 219th largest and 258th 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 18 properties: 18 flats.
SE23 3RW is a residential postcode situated on Honor Oak Road, London, SE23 with 18 addresses.
It ranks as the 219th largest and 258th 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 18 properties: 18 flats.
Sale prices range from £436,726 for 2 bedroom leasehold flats with a balcony (721 ft2) to £489,849 for 3 bedroom leasehold flats with a balcony (850 ft2) .
Monthly rental prices range from £1,943 pcm for 2 bed flats to £2,195 pcm for 3 bed flats.
The gross rental yield is between 5.3% and 5.4%.
The average value per square foot is £587.
The last sale in SE23 3RW sold for £462,000 on 16th December 2025. Since then prices are up an average of 2.4%.
The current average value in the postcode is £462,081.
The SE23 3RW Sales Market has increased by 2.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0.8% | £462,081 |
| April 2025 | 2.2% | £458,574 |
| April 2024 | -0.1% | £448,695 |
| April 2023 | -0.8% | £449,314 |
| April 2022 | 2.1% | £452,754 |
| April 2021 | 0.7% | £443,428 |
| April 2020 | 2.8% | £440,222 |
| April 2019 | -3.7% | £428,130 |
| April 2018 | -1.4% | £444,716 |
| April 2017 | 0.4% | £450,824 |
| April 2016 | 10.9% | £448,928 |
| April 2015 | 9.6% | £404,830 |
| April 2014 | 27.8% | £369,223 |
| April 2013 | 7.8% | £289,016 |
| April 2012 | 6.1% | £268,072 |
| April 2011 | 2.4% | £252,778 |
| April 2010 | 9.8% | £246,932 |
| April 2009 | -14.3% | £224,825 |
| April 2008 | 5.4% | £262,213 |
| April 2007 | 0% | £248,771 |
The current average rental value in the postcode is £2,053.
The SE23 3RW Rental Market has increased by 32.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 4% | £2,053pcm |
| April 2025 | 1.8% | £1,973pcm |
| April 2024 | 4.9% | £1,938pcm |
| April 2023 | 12.5% | £1,847pcm |
| April 2022 | 6% | £1,642pcm |
| April 2021 | -0.1% | £1,550pcm |
| April 2020 | 2.3% | £1,552pcm |
| April 2019 | 0.4% | £1,517pcm |
| April 2018 | 0.1% | £1,510pcm |
| April 2017 | -2.9% | £1,508pcm |
| April 2016 | 3.8% | £1,552pcm |
| April 2015 | 5.8% | £1,495pcm |
| April 2014 | 7.6% | £1,413pcm |
| April 2013 | 3.7% | £1,313pcm |
| April 2012 | 7% | £1,266pcm |
| April 2011 | 9% | £1,184pcm |
| April 2010 | 1.3% | £1,086pcm |
| April 2009 | -3.3% | £1,072pcm |
| April 2008 | 4.4% | £1,108pcm |
| April 2007 | 0% | £1,061pcm |
The last sale was on 16th December 2025 for £462,000 and since then the market in the area has increased by 2.4%. The postcode has had a total of 35 sales since 1995.
SE23 3RW has seen 3 sales in the last three years and 1 sale in the last twelve months.
SE23 3RW is the 219th largest and the 258th most expensive postcode out of the 591 postcodes in the SE23 area.
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The closest station to SE23 3RW is Forest Hill station which is 500 metres away.
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