Peckham Rye is an open space and road in the London Borough of Southwark in London, England. The roughly triangular open space, managed by Southwark Council, consists of two congruent areas, with Peckham Rye Common to the north and Peckham Rye Park to the south. The road Peckham Rye forms the western and eastern perimeter of the open space. Peckham Rye is also Cockney rhyming slang for tie (necktie).