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House Prices in SE1

The average house price in SE1 (London) is £657,923 using HM Land Registry data.

The average property price decreased by £489,440 (--23.62%) over the last 5 years and decreased by £98,068 (--5.35%) over the last 12 months.

Over the last year, there were 499 residential property sales – a decrease of 111 transactions (-22.24%) relative to the previous year. The majority of house sales (133) were in the £350,000 - £500,000 range. Then came properties in the £500,000 - £650,000 range, where 107 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 102 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-31,998 (-3%).

In Oct 24, there were 200 new estate agency instructions, 86 agreed home sales and 187 property price reductions.

5-Year Average Property Prices in SE1 (London)

-23.62%

Property prices in London decreased by -23.62% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in SE1 (London) Over the Last Year

-5.35%

Property prices in London decreased by -5.35% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

Property Market Heat Gauge for SE1 (London) - Oct 24

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in SE1 (London)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in SE1 (London)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in SE1 (London)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the SE1 (London) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the SE1 postcode area since 1995.

Recent Sales in SE1 (London)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
Flat 29, Quentin House, Gray Street, London, Greater London, SE1 8UY	£500,000	£495,000	-£5,000	15 Nov 2023	15 May 2024	182 Days
Flat 21, Sidford House, Cosser Street, London, Greater London, SE1 7DD	£385,000	£380,000	-£5,000	13 Dec 2023	03 May 2024	142 Days
Apartment 508, West Block, Forum Magnum Square, London, Greater London, SE1 7GL	£480,000	£470,000	-£10,000	26 Sep 2023	25 Apr 2024	212 Days
Flat 96, Devon Mansions, Tooley Street, London, Greater London, SE1 2LB	£450,000	£435,000	-£15,000	31 May 2023	04 Apr 2024	309 Days
29 Gladstone Street, London, Greater London, SE1 6EY	£1,375,000	£1,300,000	-£75,000	14 Jul 2023	21 Mar 2024	251 Days
Flat 470, Devon Mansions, Jamaica Road, London, Greater London, SE1 2BU	£600,000	£576,462	-£23,538	22 Jun 2023	15 Feb 2024	238 Days
Flat 14, Thetford House, St Saviours Estate, London, Greater London, SE1 3PE	£430,000	£426,000	-£4,000	08 Aug 2023	23 Jan 2024	168 Days
Flat 101, Ratcliffe Court, Great Dover Street, London, Greater London, SE1 4LD	£1,000,000	£1,000,000	£00	29 Nov 2022	05 Jan 2024	402 Days
6 Oakley Place, London, Greater London, SE1 5AD	£700,000	£700,000	£00	30 Jun 2023	19 Dec 2023	172 Days
Flat 9, St. Lawrence House, St Saviours Estate, London, Greater London, SE1 3BY	£430,000	£425,000	-£5,000	21 Sep 2023	15 Dec 2023	85 Days
Flat 41, Peveril House, Rephidim Street, London, Greater London, SE1 4TD	£280,000	£265,000	-£15,000	11 Apr 2023	13 Dec 2023	246 Days
30 Providence Square, London, Greater London, SE1 2EA	£900,000	£882,000	-£18,000	01 Jun 2023	28 Nov 2023	180 Days
Flat 261, The Circle, Queen Elizabeth Street, London, Greater London, SE1 2JW	£400,000	£383,400	-£16,600	02 Aug 2023	24 Nov 2023	114 Days
12 Henley Drive, London, Greater London, SE1 3AP	£325,000	£310,000	-£15,000	05 Jul 2023	24 Nov 2023	142 Days
57 Oakey Lane, London, Greater London, SE1 7HN	£650,000	£600,000	-£50,000	19 Apr 2023	22 Nov 2023	217 Days
Flat 18, Jurston Court, Gerridge Street, London, Greater London, SE1 7QH	£450,000	£408,500	-£41,500	13 Jun 2023	17 Nov 2023	157 Days
Flat 13, Trinity House, Bath Terrace, London, Greater London, SE1 6PX	£300,000	£285,000	-£15,000	07 Dec 2022	17 Nov 2023	345 Days
27 Oxford Drive, London, Greater London, SE1 2FB	£650,000	£620,000	-£30,000	14 Nov 2023	16 Nov 2023	2 Days
17 Isaac Way, London, Greater London, SE1 1EE	£625,000	£600,000	-£25,000	18 May 2023	14 Nov 2023	180 Days
Flat 28, Bazeley House, Library Street, London, Greater London, SE1 0RN	£550,000	£542,000	-£8,000	06 Jun 2023	10 Nov 2023	157 Days

Most Expensive Streets in SE1 (London)

Postcode	Street	Area	Average	No. of Sales
SE1 7GG	Albert Embankment	London	£4,835,579	6
SE1 9GQ	Blackfriars Road	London	£4,668,029	17
SE1 7AS	Albert Embankment	London	£2,933,739	36
SE1 9DS	New Globe Walk	London	£2,907,777	9
SE1 7RX	Casson Square	London	£2,620,132	16
SE1 9GJ	Blackfriars Road	London	£2,580,000	3
SE1 7AF	Belvedere Road	London	£2,533,066	76
SE1 7DY	Casson Square	London	£2,513,826	31
SE1 7GS	Albert Embankment	London	£2,230,850	5
SE1 8SZ	Whittlesey Street	London	£2,095,000	4

Least Expensive Streets in SE1 (London)

Postcode	Street	Area	Average	No. of Sales
SE1 5HD	Faith Court, Coopers Road	London	£169,875	4
SE1 5NS	East Point, Avondale Square	London	£203,375	4
SE1 6DQ	Newington Causeway	London	£233,666	3
SE1 5EZ	Procter House, Avondale Square	London	£240,000	3
SE1 6EE	Walworth Road	London	£240,486	18
SE1 4NZ	Preston House, Preston Close	London	£260,666	6
SE1 5HP	Oxley Close	London	£265,000	4
SE1 5AA	Old Kent Road	London	£279,166	12
SE1 3EA	St. Vincent House, St Saviours Estate	London	£287,999	6
SE1 6NY	Telford House, Tiverton Street, London	London	£288,300	5