House Prices in SE23 House Prices in SE23 (London)

The average house price in SE23 (London) is £603,537 using HM Land Registry data.

The average property price increased by £83,925 (19.35%) over the last 5 years and increased by £16,812 (3.06%) over the last 12 months.

Over the last year, there were 339 residential property sales – a decrease of 104 transactions (-30.68%) relative to the previous year. The majority of house sales (90) were in the £290,000 - £424,000 range. Then came properties in the £424,000 - £558,000 range, where 81 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 148 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-19,957 (-2%).

In January 2025, there were 83 new estate agency instructions, 46 agreed home sales and 34 property price reductions.

5-Year Average Property Prices in SE23 (London)

19.35%

Property prices in SE23 (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 SE23 (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.

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 SE23 (London) - January 2025

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)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
28 Codrington Hill, London, Greater London, SE23 1LW£875,000£871,000-£4,00002 Sep 202418 Dec 2024107 Days
4 Treviso Road, London, Greater London, SE23 2EB£700,000£695,000-£5,00005 Aug 202406 Dec 2024123 Days
18 Ewart Road, London, Greater London, SE23 1BQ£600,000£570,000-£30,00005 Jul 202405 Dec 2024153 Days
36 Vestris Road, London, Greater London, SE23 2EE£795,000£785,000-£10,00025 Sep 202422 Nov 202458 Days
19 Dacres Road, London, Greater London, SE23 2NN£650,000£650,000£006 Aug 202422 Nov 2024108 Days
143 Eliot Bank, London, Greater London, SE23 3XB£350,000£350,000£025 Jan 202421 Nov 2024301 Days
32 Boveney Road, London, Greater London, SE23 3NN£1,050,000£975,000-£75,00026 Jun 202408 Nov 2024135 Days
113 Perry Rise, London, Greater London, SE23 2QU£475,000£450,000-£25,00019 Jul 202408 Nov 2024112 Days
11 Perry Rise, London, Greater London, SE23 2QX£1,375,000£1,375,000£006 Jul 202404 Nov 2024121 Days
42 Fermor Road, London, Greater London, SE23 2HN£550,000£544,500-£5,50004 Dec 202301 Nov 2024333 Days
79b, Devonshire Road, London, Greater London, SE23 3LX£475,000£450,000-£25,00025 May 202401 Nov 2024160 Days
13 Kilmorie Road, London, Greater London, SE23 2SS£475,000£474,500-£50022 Jul 202430 Oct 2024100 Days
10a, Kilmorie Road, London, Greater London, SE23 2ST£525,000£516,500-£8,50025 Oct 202429 Oct 20244 Days
Flat 22, Vale Lodge, Perry Vale, London, Greater London, SE23 2LG£325,000£310,000-£15,00003 Jun 202429 Oct 2024148 Days
11 Knapdale Close, London, Greater London, SE23 3XQ£625,000£608,000-£17,00010 Jul 202425 Oct 2024107 Days
84 Stanstead Road, Forest Hill, London, Greater London, SE23 1BS£625,000£625,000£014 Jun 202421 Oct 2024129 Days
3a, Hindsleys Place, London, Greater London, SE23 2NF£365,000£350,000-£15,00023 Jan 202431 Jul 2024190 Days
101 Malham Road, London, Greater London, SE23 1AL£450,000£450,000£021 Jun 202426 Jul 202435 Days
95 Kilmorie Road, London, Greater London, SE23 2SP£520,000£505,000-£15,00003 Feb 202426 Jul 2024174 Days
29 Honor Oak Rise, London, Greater London, SE23 3RA£400,000£390,000-£10,00003 Nov 202324 Jul 2024264 Days

Most Expensive Streets in SE23 (London)

PostcodeStreetAreaAverageNo. of Sales
SE23 3EDWood ValeLondon£1,743,8577
SE23 3DTWood ValeLondon£1,517,6008
SE23 3SHHonor Oak RoadLondon£1,487,5004
SE23 3AGCanonbie RoadLondon£1,268,9287
SE23 2RUGarlies RoadLondon£1,233,3333
SE23 3BWLiphook CrescentLondon£1,216,2504
SE23 3RLBenson RoadLondon£1,188,3336
SE23 3AQCanonbie RoadLondon£1,174,3577
SE23 3AWCanonbie RoadLondon£1,119,2005
SE23 3QGWestwood ParkLondon£1,095,5836

Least Expensive Streets in SE23 (London)

PostcodeStreetAreaAverageNo. of Sales
SE23 3EHClyde TerraceLondon£165,0004
SE23 2XBStandlake Point, Windrush LaneLondon£197,8833
SE23 2NEPerry ValeLondon£242,6663
SE23 2QHPaxton RoadLondon£257,79112
SE23 1GACaldecourt Place, Wastdale RoadLondon£261,7504
SE23 2QGPaxton RoadLondon£266,02210
SE23 3LYDrakes Court, Devonshire RoadLondon£272,3333
SE23 2XXDeans Gate CloseLondon£290,0005
SE23 1RTPark RiseLondon£291,0006
SE23 1DEStanstead RoadLondon£297,5004

Explore SE23 (London) using map