House Prices in SE12 House Prices in SE12 (London)

The average house price in SE12 (London) is £430,600 using HM Land Registry data.

The average property price increased by £112,837 (13.48%) over the last 5 years and increased by £22,609 (2.22%) over the last 12 months.

Over the last year, there were 182 residential property sales – a decrease of 95 transactions (-52.20%) relative to the previous year. The majority of house sales (47) were in the £388,000 - £516,000 range. Then came properties in the £260,000 - £388,000 range, where 44 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 91 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-17,603 (-3%).

In Oct 24, there were 86 new estate agency instructions, 32 agreed home sales and 58 property price reductions.

5-Year Average Property Prices in SE12 (London)

13.48%

Property prices in London increased by 13.48% 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 SE12 (London) Over the Last Year

2.22%

Property prices in London increased by 2.22% 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.

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).

Property Market Heat Gauge for SE12 (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 SE12 (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 SE12 (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 SE12 (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 SE12 (London) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the SE12 postcode area since 1995.

Recent Sales in SE12 (London)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
52 Carston Close, London, Greater London, SE12 8DZ£565,000£555,000-£10,00024 Feb 202420 Aug 2024178 Days
24 Roseveare Road, London, Greater London, SE12 9RY£425,000£421,000-£4,00008 Mar 202416 Aug 2024161 Days
55 Cambridge Drive, London, Greater London, SE12 8AG£900,000£850,000-£50,00010 Apr 202413 Aug 2024125 Days
12e, St Mildreds Road, London, Greater London, SE12 0RA£300,000£295,000-£5,00027 Mar 202409 Aug 2024135 Days
117 Manor Lane, London, Greater London, SE12 8LT£1,000,000£1,000,000£0006 Apr 202409 Aug 2024125 Days
125 Ravens Way, London, Greater London, SE12 8HB£300,000£290,000-£10,00012 Mar 202408 Aug 2024149 Days
19 Fairby Road, London, Greater London, SE12 8JP£375,000£370,000-£5,00004 Feb 202402 Aug 2024180 Days
24 Birch Grove, London, Greater London, SE12 0SP£240,000£230,000-£10,00021 Jun 202323 Jul 2024398 Days
9 Dorville Road, London, Greater London, SE12 8ED£600,000£600,000£0002 Feb 202416 Jul 2024165 Days
60 Crathie Road, London, Greater London, SE12 8BX£800,000£795,000-£5,00024 Apr 202412 Jul 202479 Days
62 Winn Road, London, Greater London, SE12 9EY£675,000£600,000-£75,00005 Aug 202310 Jul 2024340 Days
43 Southbrook Road, London, Greater London, SE12 8LJ£1,750,000£1,675,000-£75,00007 Feb 202427 Jun 2024141 Days
32 Summerfield Street, London, Greater London, SE12 0NQ£525,000£515,000-£10,00021 Feb 202414 Jun 2024114 Days
Flat 38, Robins Court, Chinbrook Road, London, Greater London, SE12 9QN£275,000£275,000£0008 Dec 202307 Jun 2024182 Days
29 Horn Park Lane, London, Greater London, SE12 8UX£950,000£900,000-£50,00016 Oct 202305 Jun 2024233 Days
70 Pitfold Road, London, Greater London, SE12 9HY£675,000£640,000-£35,00005 Jan 202430 May 2024146 Days
12 Coopers Lane, London, Greater London, SE12 0QA£435,000£425,000-£10,00030 Jan 202430 May 2024121 Days
Flat 3, Alpine Court, Lenham Road, London, Greater London, SE12 8QW£375,000£375,000£0007 Dec 202329 May 2024174 Days
144a, Manor Lane, London, Greater London, SE12 8LP£500,000£495,000-£5,00004 Dec 202317 May 2024165 Days
12 Garden Close, London, Greater London, SE12 9TG£230,000£230,000£0024 Jan 202413 May 2024110 Days

Most Expensive Streets in SE12 (London)

PostcodeStreetAreaAverageNo. of Sales
SE12 8NRHanden RoadLondon£1,532,0836
SE12 8NPHanden RoadLondon£1,377,4287
SE12 8LLSouthbrook RoadLondon£1,367,0005
SE12 8LUMicheldever RoadLondon£1,230,6119
SE12 9LZGuibal RoadLondon£1,033,3163
SE12 8ANUpwood RoadLondon£1,003,2147
SE12 8ALUpwood RoadLondon£955,5006
SE12 8AEUpwood RoadLondon£915,0004
SE12 0TBNewstead RoadLondon£906,6663
SE12 8LQSouthbrook RoadLondon£893,3333

Least Expensive Streets in SE12 (London)

PostcodeStreetAreaAverageNo. of Sales
SE12 9QQPaxton Court, Marvels LaneLondon£156,55016
SE12 0BLDilhorne CloseLondon£197,3333
SE12 8HBRavens WayLondon£217,7223
SE12 9HSHoneysuckle Court, Westhorne AvenueLondon£221,7005
SE12 9ATSimnel RoadLondon£223,7504
SE12 9TLAmblecote RoadLondon£229,8333
SE12 0UBOak Apple CourtLondon£230,5004
SE12 0HYBurnt Ash HillLondon£234,8688
SE12 9BJGavestone RoadLondon£235,0003
SE12 9TYChinbrook RoadLondon£239,0003

Explore SE12 (London) using map