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£95,000 below fair value

SE15 4UR

Rye Lane, SE15

2 Beds
1 Baths
65 m² Floor area
Type Flat
Listed 19 Jun 2026
Asking price £260,000
Price per m² £4,615 / m²

COOPERATIVE HOUSE, RYE LANE, SE15 — PECKHAM | See Virtual Tour

700 SQFT | 2 BED | 1 BATH | LIFT | LEASEHOLD ≈79 YRS | EPC C

ASSET
First-floor apartment, 700 sqft gross internal, lift access. Reception Room and separate kitchen. One double bedroom, one single bedroom, three-piece bathroom. Full-width private balcony off the reception room.

TENURE & HOLDING COSTS
Leasehold — approximately 79 years 9 months unexpired (99 years from 1 April 2007; expires 1 April 2106). Ground rent: TBC. Service charge: TBC. Council tax: C (LB Southwark).

CONDITION
Services and appliances have not been and will not be tested.

CONNECTIVITY
Peckham Rye — 0.3 miles; London Overground plus Thameslink and Southern National Rail to London Bridge, Victoria, Blackfriars, Farringdon and St Pancras International. Queens Road Peckham — approximately 0.5 miles north; further Overground services. Rye Lane's independent shops, bars and the PeckhamPlex cinema sit immediately outside, with Peckham Rye park and common a short walk south.

BUY CASE
700 sqft two-bedroom apartment with lift and a full-width balcony, 0.3 miles from Peckham Rye. Unexpired lease term sits just below the 80-year marriage-value threshold — the principal pricing variable. Two exits: single-let to Peckham's graduate-professional tenant base, or owner-occupation following a lease extension, exercisable from day one of ownership since the two-year rule was abolished (31 January 2025).

How the asking price has moved

Jun 2026
£300,000
Listed at original asking price
Jun 2026
£270,000
Price updated
Aug 2026
£260,000
Current asking price

What similar homes actually sold for

Nearby Land Registry transactions — the data behind our fair price estimate.

Source: HM Land Registry · SE15 4UR · Sorted by date

Rye Lane, SE15

Our fair price estimate
£355,000
Nearby sold prices per m² × UK HPI × 65 m² floor area (EPC-declared)
Asking price £260,000
Fair price £355,000
Difference ↓ £95,000 under
Price per m² £4,615 / m²
Contact landlord
About this valuation

Fair price calculated from HM Land Registry sold prices in the same postcode area, adjusted by the UK House Price Index, and multiplied by the EPC-declared floor area of 65 m². Updated daily.