SW2 3RE is a residential postcode situated on Challice Way, London, SW2 with 11 addresses.
It ranks as the 229th largest and 659th most expensive of the 976 postcodes in the SW2 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 11 properties: 11 houses.
SW2 3RE is a residential postcode situated on Challice Way, London, SW2 with 11 addresses.
It ranks as the 229th largest and 659th most expensive of the 976 postcodes in the SW2 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 11 properties: 11 houses.
Sale prices range from £516,769 for 3 bedroom freehold houses with a garden (807 ft2) to £808,664 for 5 bedroom freehold houses with a garden (1,722 ft2) .
Monthly rental prices range from £2,806 pcm for 3 bed houses to £4,362 pcm for 5 bed houses.
The gross rental yield is between 6.2% and 6.5%.
The average value per square foot is £597.
The last sale in SW2 3RE sold for £890,000 on 28th February 2023. Since then prices are down an average of 0.6%.
The current average value in the postcode is £577,827.
The SW2 3RE Sales Market has increased by 6.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -1.9% | £577,827 |
| May 2025 | 2.4% | £589,163 |
| May 2024 | -1% | £575,128 |
| May 2023 | -0.4% | £581,017 |
| May 2022 | 5.4% | £583,382 |
| May 2021 | 2.5% | £553,671 |
| May 2020 | 2.7% | £540,167 |
| May 2019 | -1.4% | £526,036 |
| May 2018 | -1% | £533,382 |
| May 2017 | -0.6% | £538,611 |
| May 2016 | 8.8% | £541,674 |
| May 2015 | 6.7% | £497,792 |
| May 2014 | 30.4% | £466,538 |
| May 2013 | 12.7% | £357,784 |
| May 2012 | 7.7% | £317,574 |
| May 2011 | 1.1% | £294,776 |
| May 2010 | 19.7% | £291,593 |
| May 2009 | -13.2% | £243,514 |
| May 2008 | -0.6% | £280,555 |
| May 2007 | 0% | £282,191 |
The current average rental value in the postcode is £3,064.
The SW2 3RE Rental Market has increased by 54.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 6.9% | £3,064pcm |
| May 2025 | 2.9% | £2,867pcm |
| May 2024 | 4.3% | £2,787pcm |
| May 2023 | 13% | £2,672pcm |
| May 2022 | 14.9% | £2,365pcm |
| May 2021 | -2.1% | £2,058pcm |
| May 2020 | 3.4% | £2,102pcm |
| May 2019 | 2% | £2,034pcm |
| May 2018 | 1.4% | £1,993pcm |
| May 2017 | -0.7% | £1,966pcm |
| May 2016 | 2.9% | £1,979pcm |
| May 2015 | 5% | £1,923pcm |
| May 2014 | 3.7% | £1,833pcm |
| May 2013 | 2.4% | £1,767pcm |
| May 2012 | 9.9% | £1,726pcm |
| May 2011 | 11.5% | £1,571pcm |
| May 2010 | 9.9% | £1,409pcm |
| May 2009 | -7.4% | £1,283pcm |
| May 2008 | 3.6% | £1,386pcm |
| May 2007 | 0% | £1,337pcm |
The last sale was on 28th February 2023 for £890,000 and since then the market in the area has decreased by 0.6%. The postcode has had a total of 6 sales since 1995.
SW2 3RE has seen 1 sale in the last three years and no sales in the last twelve months.
SW2 3RE is the 229th largest and the 659th most expensive postcode out of the 976 postcodes in the SW2 area.
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According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around SW2 3RE, 28.6% of property is privately owned with a mortgage and 25.0% is socially rented.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around SW2 3RE, 23.8% of residents are recorded as possessing school level qualifications and 55.3% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around SW2 3RE, the average age was 35.3 and the most common age was 27.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around SW2 3RE, 0.5% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around SW2 3RE, there are an average of 0.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.