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House Prices in SE23

The average house price in SE23 (London) is £487,781 using HM Land Registry data.

The average property price increased by £84,130 (19.35%) over the last 5 years and increased by £16,857 (3.06%) over the last 12 months.

Over the last year, there were 298 residential property sales – a decrease of 168 transactions (-56.38%) relative to the previous year. The majority of house sales (90) were in the £300,000 - £432,000 range. Then came properties in the £432,000 - £564,000 range, where 70 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 100 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-20,888 (-2%).

In Oct 24, there were new estate agency instructions, 64 agreed home sales and 46 property price reductions.

5-Year Average Property Prices in SE23 (London)

19.35%

Property prices in London increased by 19.35% 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 SE23 (London) Over the Last Year

3.06%

Property prices in London increased by 3.06% 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 SE23 (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 SE23 (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 SE23 (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 SE23 (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 SE23 (London) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the SE23 postcode area since 1995.

Recent Sales in SE23 (London)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
3a, Hindsleys Place, London, Greater London, SE23 2NF	£365,000	£350,000	-£15,000	23 Jan 2024	31 Jul 2024	190 Days
101 Malham Road, London, Greater London, SE23 1AL	£450,000	£450,000	£00	21 Jun 2024	26 Jul 2024	35 Days
95 Kilmorie Road, London, Greater London, SE23 2SP	£520,000	£505,000	-£15,000	03 Feb 2024	26 Jul 2024	174 Days
29 Honor Oak Rise, London, Greater London, SE23 3RA	£400,000	£390,000	-£10,000	03 Nov 2023	24 Jul 2024	264 Days
12 Noel Terrace, London, Greater London, SE23 3JJ	£350,000	£325,000	-£25,000	10 Jan 2024	05 Jul 2024	177 Days
111 Perry Rise, London, Greater London, SE23 2QU	£575,000	£560,000	-£15,000	06 Mar 2024	02 Jul 2024	118 Days
27a, Stanstead Road, Forest Hill, London, Greater London, SE23 1HG	£400,000	£400,000	£00	20 Mar 2024	01 Jul 2024	103 Days
39 Tatnell Road, London, Greater London, SE23 1JX	£750,000	£750,000	£00	18 Sep 2023	28 Jun 2024	284 Days
36 Gabriel Street, London, Greater London, SE23 1DP	£825,000	£815,000	-£10,000	22 Dec 2023	26 Jun 2024	187 Days
86 Colfe Road, London, Greater London, SE23 2EU	£750,000	£750,000	£00	13 Oct 2023	21 Jun 2024	252 Days
6 Buckstone Close, London, Greater London, SE23 3QT	£800,000	£780,000	-£20,000	17 Nov 2023	20 Jun 2024	216 Days
Flat 2, Myherin Court, Woolstone Road, London, Greater London, SE23 2SU	£415,000	£415,000	£00	18 Jan 2024	19 Jun 2024	153 Days
53b, Stondon Park, Forest Hill, London, Greater London, SE23 1LB	£525,000	£510,000	-£15,000	26 Jan 2024	13 Jun 2024	139 Days
12 Holmesley Road, London, Greater London, SE23 1PJ	£800,000	£780,000	-£20,000	22 Aug 2023	11 Jun 2024	294 Days
4b, Stillness Road, London, Greater London, SE23 1NQ	£550,000	£542,500	-£7,500	28 Nov 2023	31 May 2024	185 Days
3 Cibber Road, London, Greater London, SE23 2EF	£550,000	£538,500	-£11,500	09 Jan 2024	24 May 2024	136 Days
7 Parbury Road, London, Greater London, SE23 1NZ	£900,000	£892,000	-£8,000	27 Jun 2023	24 May 2024	332 Days
Flat 2, Fonthill Court, Honor Oak Road, London, Greater London, SE23 3SJ	£475,000	£475,000	£00	26 Dec 2023	16 May 2024	142 Days
100 Wood Vale, London, Greater London, SE23 3ED	£2,800,000	£2,697,000	-£103,000	12 Apr 2024	07 May 2024	25 Days
15d, Wynell Road, London, Greater London, SE23 2LN	£300,000	£293,000	-£7,000	06 Oct 2023	26 Apr 2024	203 Days

Most Expensive Streets in SE23 (London)

Postcode	Street	Area	Average	No. of Sales
SE23 3ED	Wood Vale	London	£1,907,833	6
SE23 3SH	Honor Oak Road	London	£1,487,500	4
SE23 3DT	Wood Vale	London	£1,291,542	7
SE23 3AG	Canonbie Road	London	£1,256,906	8
SE23 3BW	Liphook Crescent	London	£1,216,250	4
SE23 3AQ	Canonbie Road	London	£1,174,357	7
SE23 3RL	Benson Road	London	£1,160,000	5
SE23 3AW	Canonbie Road	London	£1,119,200	5
SE23 3QG	Westwood Park	London	£1,095,583	6
SE23 2XH	Mayow Road	London	£1,087,666	3

Least Expensive Streets in SE23 (London)

Postcode	Street	Area	Average	No. of Sales
SE23 3EH	Clyde Terrace	London	£156,666	3
SE23 2XB	Standlake Point, Windrush Lane	London	£197,883	3
SE23 2NE	Perry Vale	London	£233,250	4
SE23 2QH	Paxton Road	London	£253,500	11
SE23 1GA	Caldecourt Place, Wastdale Road	London	£261,750	4
SE23 2QG	Paxton Road	London	£266,022	10
SE23 2XX	Deans Gate Close	London	£267,250	4
SE23 3RT	Angela Court, Honor Oak Road	London	£285,000	3
SE23 3SR	Devonshire Road	London	£287,500	5
SE23 1AG	Malham Road	London	£288,333	3