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Commercial Way, London

MyStreetCheck free street report: Commercial Way, London · 31 October 2026 · www.mystreetcheck.co.uk/london-greater-london/commercial-way/

House prices, sold prices and local information for SE15 5GQ, SE15 1PU, SE15 1QN.

Average price (last 12 months)
£865,000
1 sale
Average price (since 2016)
£491,229
31 sales
Price range
£170k – £900k
lowest to highest sale
Last sale
18 Sep 2026
SE15 1PU

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At a glance

31 property sales on Commercial Way, London have been recorded by HM Land Registry since 2016. In the last 12 months 1 home sold here for an average of £865,000. Most sales here are flat homes, which have sold for an average of £333,206. 6 homes here have sold more than once since 2016; 6 of them sold for more the second time. By property type, sales here have been 55% flat, 35% terraced, 6% detached. Recorded sale prices on Commercial Way range from £170,000 to £900,000. 56% of homes sold here were freehold and 44% leasehold.

House prices on Commercial Way compared

SE15 postcode area£662,182
London£755,818
England & Wales£358,701

Average sale price over the last 12 months. Commercial Way has had fewer than two sales in that time, so it is left out. See all SE15 house prices.

Average sale price by year

2016: £439,000 (6 sales)2016£439k2017: £444,805 (2 sales)2017£445k2018: £450,250 (4 sales)2018£450k2019: £581,875 (4 sales)2019£582k2020: £505,000 (2 sales)2020£505k2021: £414,200 (5 sales)2021£414k2022: £657,500 (2 sales)2022£658k2023: £365,000 (1 sales)2023£365k2024: £345,000 (1 sales)2024£345k2025: £535,000 (3 sales)2025£535k2026: £865,000 (1 sales)2026£865k

Tenure: 56% freehold and 44% leasehold across 43 recorded sales. Lease extension calculator.

Prices by property type

TypeSalesAverage priceLast sold
Flat17£333,2069 Oct 2024
Terraced11£655,78318 Sep 2026
Detached2£855,00013 Jun 2019
Semi-detached1£640,00025 Sep 2020

Sold prices on Commercial Way

AddressDatePriceTypeTenure
248, Commercial Way SE15 1PU 18 Sep 2026£865,000 TerracedFreehold
Flat 12, Markdale House, 114, Commercial Way SE15 5GQ 12 Sep 2025£218,900 FlatLeasehold
109, Commercial Way SE15 6DB 18 Aug 2025£950,000 OtherFreehold
36, Commercial Way SE15 5JQ 16 Jun 2025£550,000 TerracedFreehold
94, Commercial Way SE15 5GG 31 Mar 2025£580,000 TerracedFreehold
340, Commercial Way SE15 1QN 21 Mar 2025£475,000 TerracedFreehold
Flat 3, Morley House, 110, Commercial Way SE15 5GQ 9 Oct 2024£345,000 FlatLeasehold
Flat 10, Morley House, 110, Commercial Way SE15 5GQ 17 Nov 2023£365,000 FlatLeasehold
242, Commercial Way SE15 1PU 5 May 2023£560,000 TerracedFreehold
242, Commercial Way SE15 1PU 7 Dec 2022£496,000 TerracedFreehold
218, Commercial Way SE15 1PT 12 Oct 2022£930,000 OtherFreehold
226, Commercial Way SE15 1PT 12 Aug 2022£875,000 TerracedFreehold
Flat 1, 112, Commercial Way SE15 5GQ 11 Jul 2022£440,000 FlatLeasehold
252A, Commercial Way SE15 1PU 8 Oct 2021£350,000 FlatLeasehold
Flat 2, Markdale House, 114, Commercial Way SE15 5GQ 9 Aug 2021£355,000 FlatLeasehold
Flat 9, Morley House, 110, Commercial Way SE15 5GQ 25 Jun 2021£366,000 FlatLeasehold
304, Commercial Way SE15 1QN 18 Mar 2021£650,000 TerracedFreehold
Flat 11, Morley House, 110, Commercial Way SE15 5GQ 26 Feb 2021£350,000 FlatLeasehold
Flat 8, Markdale House, 114, Commercial Way SE15 5GQ 8 Dec 2020£370,000 FlatLeasehold
324, Commercial Way SE15 1QN 25 Sep 2020£640,000 Semi-detachedFreehold
226, Commercial Way SE15 1PT 27 Mar 2020£495,900 TerracedFreehold
Flat 1, Markdale House, 114, Commercial Way SE15 5GQ 16 Aug 2019£260,000 FlatLeasehold
296, Commercial Way SE15 1QN 13 Jun 2019£810,000 DetachedFreehold
133A, Commercial Way SE15 6DB 16 May 2019£380,000 OtherFreehold
Flat 5, Morley House, 110, Commercial Way SE15 5GQ 5 Apr 2019£357,500 FlatLeasehold
294, Commercial Way SE15 1QN 25 Jan 2019£900,000 DetachedFreehold
Flat 1, Markdale House, 114, Commercial Way SE15 5GQ 17 Dec 2018£205,000 FlatLeasehold
Flat 6, Markdale House, 114, Commercial Way SE15 5GQ 10 Dec 2018£315,000 FlatLeasehold
Flat 8, Morley House, 110, Commercial Way SE15 5GQ 30 Nov 2018£380,000 FlatLeasehold
Flat 1, 112, Commercial Way SE15 5GQ 13 Jul 2018£421,000 FlatLeasehold
310, Commercial Way SE15 1QN 16 Apr 2018£685,000 TerracedFreehold
316, Commercial Way SE15 1QN 1 Dec 2017£719,610 TerracedFreehold
230B, Commercial Way SE15 1PT 8 Sep 2017£653,000 TerracedFreehold
Flat 2, Skenfrith House, Commercial Way SE15 1NE 3 Apr 2017£170,000 FlatLeasehold
248, Commercial Way SE15 1PU 28 Nov 2016£535,000 TerracedFreehold
312, Commercial Way SE15 1QN 16 Nov 2016£675,000 TerracedFreehold
Flat 9, Morley House, 110, Commercial Way SE15 5GQ 10 Nov 2016£360,000 FlatLeasehold
100, Commercial Way SE15 5GG 7 Nov 2016£604,000 TerracedFreehold
248, Commercial Way SE15 1PU 7 Jun 2016£540,000 TerracedFreehold
106, Commercial Way SE15 5GG 30 Mar 2016£490,000 TerracedFreehold
248, Commercial Way SE15 1PU 30 Mar 2016£485,000 TerracedFreehold
Flat 29, Skenfrith House, Commercial Way SE15 1NE 19 Feb 2016£275,000 FlatLeasehold
268B, Commercial Way SE15 1PU 29 Jan 2016£185,000 FlatLeasehold

Sale prices are as recorded by HM Land Registry. Some sales (for example repossessions and company purchases) are listed but left out of the averages.

Sale history: homes sold more than once

AddressSalesChange
248, Commercial Way £485,000 (Mar 2016) → £540,000 (Jun 2016) → £535,000 (Nov 2016) → £865,000 (Sep 2026) +78%
over 10 yrs
242, Commercial Way £496,000 (Dec 2022) → £560,000 (May 2023) +13%
over under a year
226, Commercial Way £495,900 (Mar 2020) → £875,000 (Aug 2022) +76%
over 2 yrs
Flat 1, 112, Commercial Way £421,000 (Jul 2018) → £440,000 (Jul 2022) +5%
over 4 yrs
Flat 9, Morley House, 110, Commercial Way £360,000 (Nov 2016) → £366,000 (Jun 2021) +2%
over 5 yrs
Flat 1, Markdale House, 114, Commercial Way £205,000 (Dec 2018) → £260,000 (Aug 2019) +27%
over under a year

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Schools near Commercial Way

SchoolTypeAgesOfstedDistance
Bird In Bush School 381 pupils Primary 3–11 Good Report 0.1 mi
St Francis RC Primary School 253 pupils Primary Roman Catholic 3–11 Report 0.2 mi
Nell Gwynn Nursery School 91 pupils Nursery 2–5 Good Report 0.2 mi
Harris Primary Academy Peckham Park 242 pupils Primary 3–11 Report 0.2 mi
Treasure House (London) CIC 14 pupils Other independent special school 14–19 Report 0.3 mi
Haymerle School 77 pupils Community special school 5–11 Good Report 0.3 mi
Pilgrims' Way Primary School 171 pupils Primary 3–11 Report 0.4 mi
John Donne Primary School 405 pupils Primary 3–11 Good Report 0.5 mi

Source: Department for Education (Get Information about Schools) and Ofsted. Grades are from each school's last graded inspection; newer inspections use report cards without a single overall grade, so check the full report. Distances are straight-line. Check catchment areas with the local council.

Getting around, shops and health

Train, tram & metro stations

  • Queens Road Peckham station 0.5 mi · 9 min walk
  • Peckham Rye station 0.7 mi · 13 min walk
  • Peckham Rye station 0.7 mi · 13 min walk
  • Bermondsey Underground Station 1.3 mi · 26 min walk
  • Canada Water Underground Station 1.5 mi · 29 min walk

Nearest bus stops

  • Caroline Gardens (Stop ND, ASYLUM ROAD) 3 min walk
  • Caroline Gardens (Stop SC, ASYLUM ROAD) 4 min walk
  • Bird In Bush Road (Stop S) 4 min walk
  • Commercial Way Peckham Hill (Stop P, PECKHAM PARK ROAD) 4 min walk

GP surgeries

  • Queens Road Surgery
    136 Meeting House Lane, London · 0.3 mi
  • The Acorn & Gaumont House Surgery
    153 Peckham High Street, Peckham, London · 0.3 mi
  • Silverlock Medical Centre
    2 Verney Way, London · 0.5 mi
  • The Lister Practice
    101 Peckham Road, London · 0.6 mi

Supermarkets

  • Lidl Lidl Old Kent Road · 0.2 mi
  • The Food Warehouse Iceland Old Kent Rd Food Warehouse · 0.3 mi
  • Sainsburys Local Sainsburys Peckham Queens Road Local · 0.3 mi
  • Morrisons Morrisons Peckham London · 0.5 mi

Pharmacies

  • Day Lewis Pharmacy · 0.3 mi
  • Peckham Hill Pharmacy · 0.4 mi
  • Morrisons Pharmacy · 0.5 mi

Dentists

  • The Lacey Dental Practice · 0.3 mi
  • Dental Surgery · 0.4 mi
  • Colegrove Dental Care · 0.4 mi

Sources: Department for Transport (NaPTAN), NHS England organisation data, and GEOLYTIX Retail Points (open data). Walking times are estimates from straight-line distance.

Area profile

Deprivation

12345678910

This neighbourhood is in decile 3 of 10 on the English Indices of Deprivation 2025, where 1 is the most deprived 10% of areas in England and 10 the least deprived.

Income3 of 10
Employment3 of 10
Education and skills5 of 10
Health and disability3 of 10
Crime4 of 10
Access to housing and services3 of 10
Living environment2 of 10

Each domain ranked in deciles across England (10 = least deprived).

Homes

HereEng & Wales
Owned30.4%62.5%
Private rented29.8%20.3%
Social rented39.3%17.1%
Households583

People

HereEng & Wales
Under 1512.5%17.4%
Aged 15–6478.1%64.1%
Aged 65+9.4%18.6%
Residents1,410

Broadband

HereUK
Superfast (30Mbit+)100%95%
Ultrafast (300Mbit+)88%80%
Gigabit-capable88%80%

Share of homes on this street's postcodes that can get each speed. UK figure is the average across all postcodes. Source: Ofcom Connected Nations.

Mobile signal

HereEng & Wales
4G indoors, all 4 networks100%89%
4G indoors, at least 1 network100%100%
4G outdoors, all 4 networks100%99%
Calls indoors, all 4 networks100%92%

Share of homes across Southwark with good coverage (Jul 2025). Signal varies street by street; check your exact address on Ofcom's checker. Source: Ofcom Connected Nations.

Neighbourhood figures cover the surrounding Lower Layer Super Output Area (about 1,500 residents). Sources: Census 2021 (ONS) and the English Indices of Deprivation 2025.

Energy ratings and home sizes on Commercial Way

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Who lives around Commercial Way

Ethnic group

HereSouthwark
White49.3%51.4%
Black, Black British, Black Welsh, Caribbean or African24.3%25.1%
Asian, Asian British or Asian Welsh14.5%9.9%
Mixed or Multiple ethnic groups6.6%7.2%
Other ethnic group5.2%6.3%

Religion

HereSouthwark
No religion41.5%36.4%
Christian38.7%43.3%
Muslim10.3%9.6%
Not answered7.4%7.3%
Buddhist0.9%1%
Other religion0.7%0.7%
Hindu0.2%1.1%
Jewish0.2%0.4%

Country of birth

HereSouthwark
Born in the UK62.1%59.3%
Born outside the UK37.9%40.7%

Highest qualification

HereSouthwark
Level 4 qualifications and above47.3%54.9%
No qualifications17.7%13.9%
Level 3 qualifications14.6%12.3%
Level 1 and entry level qualifications8.9%6.2%
Level 2 qualifications6.5%7.9%
Apprenticeship2.9%2.5%
Other qualifications2%2.4%

General health

HereSouthwark
Very good health49.3%55.8%
Good health33.4%30.3%
Fair health12.4%9.8%
Bad health3.6%3.1%
Very bad health1.4%1%

Cars or vans per household

HereSouthwark
No cars or vans in household57.8%60.3%
1 car or van in household34.1%33.2%
2 cars or vans in household6.1%5.5%
3 or more cars or vans in household1.9%1.1%

Source: Census 2021 (ONS), via Nomis. Percentages of usual residents or households, as recorded in March 2021.

Figures cover the surrounding neighbourhood (Lower Layer Super Output Area, about 1,500 residents). Full demographics of Southwark.

Planning and heritage near Commercial Way

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Planning applications near Commercial Way

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Council tax here

Southwark Band D is £1,967 a year (Band A £1,312). See every band.

Estate agents near Commercial Way

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