What You Need to Earn to Buy in SE24

The median home in SE24 sold for £711,250. To buy at that price you'd typically need a household income of about £134,500 — based on a 15% deposit and a 4.5× income multiple. Prices are not enough recent sales to show a trend.

Deposit needed to buy in SE24

Deposit %	Deposit £	Mortgage needed
5%	£35,563	£675,687
10%	£71,125	£640,125
15%	£106,688	£604,562
25%	£177,813	£533,437

A typical mortgage on the £711,250 median (85% LTV, 4.5% over 25 years) costs around £3,360/month. Based on 254 Land Registry sales.

Common questions about buying in SE24

What salary do you need to buy a house in SE24?

The median home in SE24 sold for £711,250. With a 15% deposit and a typical 4.5× income multiple, you'd need a household income of about £134,500 to buy at that price. Higher-multiple lenders can reduce the income required — check your own figure with the affordability calculator.

How much is a typical mortgage payment in SE24?

Borrowing £604,563 (85% of the £711,250 median) at 4.5% over 25 years works out at roughly £3,360 a month on a repayment basis.

How much deposit do you need to buy in SE24?

On the £711,250 median price, a 5% deposit is £35,563 and a 10% deposit is £71,125. A larger deposit usually unlocks lower rates.

Are house prices in SE24 rising or falling?

Based on the latest Land Registry sold prices, prices in SE24 are not enough recent sales to show a trend, across 254 recorded sales.

Can you afford to buy in SE24?

Check exactly how much 60+ UK lenders would lend you — with your income. No credit search.

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