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House Prices in SE28

The average house price in SE28 (London) is £316,625 using HM Land Registry data.

The average property price increased by £71,851 (11.15%) over the last 5 years and increased by £14,397 (1.87%) over the last 12 months.

Over the last year, there were 83 residential property sales – a decrease of 70 transactions (-84.34%) relative to the previous year. The majority of house sales (21) were in the £358,000 - £404,000 range. Then came properties in the £312,000 - £358,000 range, where 14 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 £-7,500 (-2%).

In Oct 24, there were 55 new estate agency instructions, 18 agreed home sales and 16 property price reductions.

5-Year Average Property Prices in SE28 (London)

11.15%

Property prices in London increased by 11.15% 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 SE28 (London) Over the Last Year

1.87%

Property prices in London increased by 1.87% 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 SE28 (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 SE28 (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 SE28 (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 SE28 (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 SE28 (London) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the SE28 postcode area since 1995.

Recent Sales in SE28 (London)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
28 Haldane Road, London, Greater London, SE28 8NG	£365,000	£345,000	-£20,000	07 May 2024	07 Aug 2024	92 Days
28 Newmarsh Road, London, Greater London, SE28 8TF	£400,000	£400,000	£00	15 Feb 2023	29 Jul 2024	530 Days
23 Pointer Close, London, Greater London, SE28 8PN	£230,000	£226,500	-£3,500	13 Jan 2024	15 Jul 2024	184 Days
20 Waldstock Road, London, Greater London, SE28 8SF	£320,000	£320,000	£00	22 Jan 2024	28 Jun 2024	158 Days
36 Surlingham Close, London, Greater London, SE28 8NE	£325,000	£325,000	£00	11 Jan 2024	31 May 2024	141 Days
8 Oulton Close, London, Greater London, SE28 8LT	£250,000	£250,000	£00	11 Jan 2024	31 May 2024	141 Days
6 Garganey Walk, London, Greater London, SE28 8HU	£390,000	£390,000	£00	23 Sep 2023	10 Apr 2024	200 Days
44 Princess Alice Way, London, Greater London, SE28 0HQ	£225,000	£200,000	-£25,000	27 Oct 2023	22 Mar 2024	147 Days
1 Turnbury Close, London, Greater London, SE28 8QP	£470,000	£450,000	-£20,000	01 Aug 2023	26 Jan 2024	178 Days
13 Anson Place, London, Greater London, SE28 0HP	£265,000	£260,000	-£5,000	26 Jun 2023	09 Jan 2024	197 Days
Flat 28, Tideham House, Merbury Close, London, Greater London, SE28 0LW	£280,000	£280,000	£00	11 May 2023	05 Jan 2024	239 Days
134 Waterside Close, London, Greater London, SE28 0GS	£470,000	£445,000	-£25,000	19 Aug 2023	03 Jan 2024	137 Days
1 Wroxham Road, London, Greater London, SE28 8NB	£375,000	£357,000	-£18,000	24 Aug 2023	15 Dec 2023	113 Days
Flat 36, Long Acre House, Pettacre Close, London, Greater London, SE28 0PA	£260,000	£255,000	-£5,000	12 May 2023	15 Dec 2023	217 Days
35 Avocet Mews, London, Greater London, SE28 0DA	£349,995	£345,000	-£4,995	18 May 2023	11 Dec 2023	207 Days
11 Nickelby Close, London, Greater London, SE28 8LX	£410,000	£405,000	-£5,000	09 Aug 2023	07 Dec 2023	120 Days
2 Hill View Drive, London, Greater London, SE28 0LH	£260,000	£256,500	-£3,500	31 May 2023	30 Nov 2023	183 Days
79 Epstein Road, London, Greater London, SE28 8DQ	£450,000	£440,000	-£10,000	14 Mar 2023	29 Nov 2023	260 Days
11 Delisle Road, London, Greater London, SE28 0JD	£450,000	£450,000	£00	03 Aug 2023	28 Nov 2023	117 Days
8 Crowden Way, London, Greater London, SE28 8HE	£450,000	£450,000	£00	16 May 2023	09 Nov 2023	177 Days

Most Expensive Streets in SE28 (London)

Postcode	Street	Area	Average	No. of Sales
SE28 0BF	Allenby Road	London	£434,333	3
SE28 0JQ	Battery Road	London	£433,333	3
SE28 0HX	Ridge Close	London	£420,666	3
SE28 0JD	Delisle Road	London	£418,333	3
SE28 8TH	Grasshaven Way	London	£410,000	3
SE28 0BN	Allenby Road	London	£393,000	3
SE28 8NY	St Andrews Close	London	£380,800	5
SE28 8SF	Waldstock Road	London	£375,062	8
SE28 0EN	Temple Close	London	£373,000	4
SE28 0DB	Gadwall Way	London	£370,998	4

Least Expensive Streets in SE28 (London)

Postcode	Street	Area	Average	No. of Sales
SE28 8QL	Fairway Drive	London	£196,666	3
SE28 0FR	Thames Reach	London	£199,232	7
SE28 8PJ	Eastgate Close	London	£203,250	4
SE28 0NG	Charlesmere Gardens, Thames Reach	London	£209,700	5
SE28 8EY	Manor Close	London	£212,916	6
SE28 0PA	Long Acre House, Pettacre Close	London	£221,300	8
SE28 8QZ	Woburn Close	London	£225,250	4
SE28 8EE	Tawney Road	London	£230,000	3
SE28 8DH	Titmuss Avenue	London	£237,100	5
SE28 0DQ	Harrier Mews	London	£238,750	4