Palace Road - SW2 3LB
Key Postcode Insights
SW2 3LB is a residential postcode situated on Palace Road, London, SW2 with 101 addresses.
It ranks as the 973rd largest and 443rd most expensive of the 976 postcodes in the SW2 area. The most common property type is a period flat built between 1800 and 1911.
The postcode contains a total of 101 properties: 18 houses and 83 flats.
- Ave. Sale Price
- £700,065
- 10 Year change
- up 1.6%
- Ave. Rental Price
- £3,416pcm
- 10 Year change
- up 41.3%
- Ave. £ per ft²
- £650/ft²
- Ave. Gross Yield
- 5.9%/year/yr
Key Postcode Insights
SW2 3LB is a residential postcode situated on Palace Road, London, SW2 with 101 addresses.
It ranks as the 973rd largest and 443rd most expensive of the 976 postcodes in the SW2 area. The most common property type is a period flat built between 1800 and 1911.
The postcode contains a total of 101 properties: 18 houses and 83 flats.
- Ave. Sale Price
- £700,065
- 10 Year change
- up 1.6%
- Ave. Rental Price
- £3,416pcm
- 10 Year change
- up 41.3%
- Ave. £ per ft²
- £650/ft²
- Ave. Gross Yield
- 5.9%/year/yr
Explore Propertiesin SW2 3LB
- 51 Palace Road
Period Building | 6 Units
- 53 Palace Road
Unknown
- 55 Palace Road
Period Building | 8 Units
- 57 Palace Road
5 Bed Period House
- 59 Palace Road
Building  |  3 Flats
Sales Market Trends
The last sale in SW2 3LB sold for £445,000 on 25th September 2025. Since then prices are up an average of 0.8%.
The current average value in the postcode is £700,065.
The SW2 3LB Sales Market has increased by 1.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.8% | £700,065 |
| June 2025 | 0.7% | £705,850 |
| June 2024 | 2.2% | £700,606 |
| June 2023 | -3.3% | £685,497 |
| June 2022 | 3.8% | £709,032 |
| June 2021 | 1.1% | £683,160 |
| June 2020 | 2.7% | £675,881 |
| June 2019 | -0.5% | £658,014 |
| June 2018 | -2.8% | £661,044 |
| June 2017 | -1.3% | £680,345 |
| June 2016 | 9.3% | £689,244 |
| June 2015 | 7.1% | £630,534 |
| June 2014 | 29% | £588,708 |
| June 2013 | 12.2% | £456,209 |
| June 2012 | 5.8% | £406,515 |
| June 2011 | 3.6% | £384,290 |
| June 2010 | 12.1% | £370,955 |
| June 2009 | -11.5% | £331,062 |
| June 2008 | -1.2% | £374,219 |
| June 2007 | 0% | £378,831 |
Rental Market Trends
The current average rental value in the postcode is £3,416.
The SW2 3LB Rental Market has increased by 41.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 6.8% | £3,416pcm |
| June 2025 | 2.7% | £3,200pcm |
| June 2024 | 6.5% | £3,116pcm |
| June 2023 | 9.3% | £2,925pcm |
| June 2022 | 11.7% | £2,675pcm |
| June 2021 | -2.4% | £2,395pcm |
| June 2020 | 1.8% | £2,455pcm |
| June 2019 | 3.1% | £2,411pcm |
| June 2018 | 0.3% | £2,337pcm |
| June 2017 | -3.6% | £2,331pcm |
| June 2016 | 4.8% | £2,418pcm |
| June 2015 | 5.4% | £2,307pcm |
| June 2014 | 4.4% | £2,190pcm |
| June 2013 | 2.2% | £2,097pcm |
| June 2012 | 9.8% | £2,051pcm |
| June 2011 | 11.5% | £1,869pcm |
| June 2010 | 7% | £1,676pcm |
| June 2009 | -7.8% | £1,567pcm |
| June 2008 | 2% | £1,699pcm |
| June 2007 | 0% | £1,665pcm |
Sales History
The last sale was on 25th September 2025 for £445,000 and since then the market in the area has increased by 0.8%. The postcode has had a total of 154 sales since 1995.
SW2 3LB has seen 17 sales in the last three years and 1 sale in the last twelve months.
- Sold Sep 2025£445,000 | 2 Bed FlatFlat 4, 109, Palace Road, London, SW2 3LBFlat 4, 109, Palace Road, London, SW2 3LB
- Sold Feb 2025£580,000 | 3 Bed FlatFlat 1, 85, Palace Road, London, SW2 3LBFlat 1, 85, Palace Road, London, SW2 3LB
- Sold Jan 2025£1,825,000 | 6 Bed House63, Palace Road, London, SW2 3LB63, Palace Road, London, SW2 3LB
- Sold Nov 2024£577,000 | 3 Bed FlatFlat 3, 85, Palace Road, London, SW2 3LBFlat 3, 85, Palace Road, London, SW2 3LB
- Sold Oct 2024£250,000 | 2 Bed FlatFlat 5, 91, Palace Road, London, SW2 3LBFlat 5, 91, Palace Road, London, SW2 3LB
Nearby Postcodes
SW2 3LB is the 973rd largest and the 443rd most expensive postcode out of the 976 postcodes in the SW2 area.
- SW2 3DN, Lanercost Road, London, SW2SW2 3DN60 Addresses|43 m away
- SW2 3JY, Palace Road, London, SW2SW2 3JY20 Addresses|57 m away
- SW2 3JL, Kinfauns Road, London, SW2SW2 3JL13 Addresses|89 m away
- SW2 3JN, Northstead Road, London, SW2SW2 3JN13 Addresses|121 m away
- SW2 3DP, Lanercost Road, London, SW2SW2 3DP43 Addresses|122 m away
Property Types
- 12 period houses built between 1800 and 1911
- 83 period flats built between 1800 and 1911
- 6 other addresses of unknown type
- period house (12)
- period flat (83)
- Unknown (6)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 68 properties.
- The most common rating is D.
- A (0)
- E (14)
- B (1)
- F (2)
- C (19)
- G (0)
- D (32)
- No EPC (33)
Top 3 Most Expensive Sales
- Sold Nov 2020£2,015,000 | 6 Bed House74, Palace Road, London, SW2 3JX74, Palace Road, London, SW2 3JX
- Sold Oct 2024£1,962,000 | 6 Bed House61, Palace Road, London, SW2 3LB61, Palace Road, London, SW2 3LB
- Sold Aug 2024£1,950,000 | 6 Bed House75, Palace Road, London, SW2 3LB75, Palace Road, London, SW2 3LB
Schools Nearby
- Streatham Wells Primary300 m away
- Fenstanton Primary School400 m away
- Hitherfield Primary School400 m away
- City Heights E-ACT Academy400 m away
- The Elmgreen School500 m away
- Bishop Thomas Grant Catholic Secondary School1.7 km away
More reading links
Public Transport Nearby
The closest station to SW2 3LB is Tulse Hill station, which is 400 metres away.
- Tulse Hill|400 m away
- West Norwood|1.0 km away
- Streatham Hill|1.2 km away
- West Dulwich|1.4 km away
