The East Dulwich property market
The property landscape in East Dulwich is shaped almost entirely by late-Victorian and Edwardian residential development between the 1870s and 1910, producing the characteristic terraces of two- and three-storey bay-fronted houses that line streets such as Lordship Lane, North Cross Road, Crystal Palace Road, Underhill Road and Friern Road. Larger Victorian semis appear on the streets closer to Peckham Rye Park, and the unusual surviving 549 Lordship Lane, known locally as the “Concrete House”, dating from the 1870s, is one of the last remaining pre-1900 concrete-construction houses in London. Conversions of the larger terraced houses into upper and lower flats account for much of the local apartment stock, with newer infill schemes adding a smaller number of purpose-built flats.
This mix of building types brings several considerations that are worth understanding when selling. Parts of the area fall within the East Dulwich Grove Conservation Area and the Lordship Lane Conservation Area designated by Southwark Council, which limit external alterations, window replacements and roof additions. Leases on Victorian conversion flats granted in the post-war decades are now often sitting between 65 and 95 years remaining, with anything below 80 years bringing the property into marriage value territory. Our guide to selling a short lease flat sets out the options in detail.
Recent Land Registry transactions across the SE22 postcode in East Dulwich typically show one-bedroom flats clearing between £375,000 and £475,000, two-bedroom conversion flats commonly between £500,000 and £700,000, three-bedroom terraced houses generally between £850,000 and £1.25 million, and larger four- and five-bedroom Victorian semis generally trading between £1.4 million and £2.2 million when they come to market in original condition.