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Erith House Prices

The average house price in Erith is £244,166 using HM Land Registry data.

The average property price increased by £7,417 (2.33%) over the last 5 years and increased by £1,486 (0.46%) over the last 12 months.

Over the last year, there were 89 residential property sales – a decrease of 17 transactions (-19.10%) relative to the previous year. The majority of house sales (25) were in the £258,000 - £306,000 range. Then came properties in the £210,000 - £258,000 range, where 21 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 187 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,745 (-2%).

In January 2025, there were 22 new estate agency instructions, 13 agreed home sales and 18 property price reductions.

5-Year Average Property Prices in Erith

2.33%

Property prices in Erith increased by 2.33% 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 Erith Over the Last Year

0.46%

Property prices in Erith increased by 0.46% 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 Erith - 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 Erith

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 Erith

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 Erith

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 Erith since 1995

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

Recent Property Sales in Erith

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
Flat 17, Old College Court, Upper Holly Hill Road, Belvedere, Greater London, DA17 6JG	£210,000	£207,500	-£2,500	28 May 2024	17 Dec 2024	203 Days
48 Thanet Road, Erith, Greater London, DA8 3RB	£425,000	£415,000	-£10,000	12 Jul 2024	09 Dec 2024	150 Days
14 Park Crescent Road, Erith, Greater London, DA8 3DX	£525,000	£515,000	-£10,000	10 Apr 2024	06 Nov 2024	210 Days
260 Riverdale Road, Erith, Greater London, DA8 1QE	£375,000	£362,500	-£12,500	22 Apr 2024	28 Oct 2024	189 Days
14 South Road, Erith, Greater London, DA8 3RA	£365,000	£365,000	£0	09 May 2024	18 Oct 2024	162 Days
Flat 11, Drake Point, Chichester Wharf, Erith, Greater London, DA8 1BG	£290,000	£270,000	-£20,000	24 Aug 2023	26 Jul 2024	337 Days
Flat 25, Windrush Court, Chichester Wharf, Erith, Greater London, DA8 1BE	£260,000	£255,000	-£5,000	23 Oct 2023	19 Jun 2024	240 Days
2a, Tower Road, Belvedere, Greater London, DA17 6HX	£375,000	£375,000	£0	15 Feb 2024	31 May 2024	106 Days
74 Holly Hill Road, Erith, Greater London, DA8 1QD	£265,000	£262,500	-£2,500	04 Dec 2023	31 May 2024	179 Days
100 Bexley Road, Erith, Greater London, DA8 3SP	£500,000	£450,000	-£50,000	03 Oct 2023	11 Apr 2024	191 Days
14 Chandlers Drive, Erith, Greater London, DA8 1LL	£210,000	£210,000	£0	02 May 2023	08 Apr 2024	342 Days
148 Chandlers Drive, Erith, Greater London, DA8 1LW	£150,000	£140,000	-£10,000	12 Jul 2023	27 Mar 2024	259 Days
79 Pembroke Road, Erith, Greater London, DA8 1BY	£425,000	£420,000	-£5,000	27 Sep 2023	15 Mar 2024	170 Days
86 Avenue Road, Erith, Greater London, DA8 3AS	£450,000	£450,000	£0	30 Aug 2023	14 Mar 2024	197 Days
Flat 14, Drake Point, Chichester Wharf, Erith, Greater London, DA8 1BG	£280,000	£265,000	-£15,000	07 Jul 2023	02 Feb 2024	210 Days
2 Thwaite Close, Erith, Greater London, DA8 1DP	£300,000	£290,000	-£10,000	31 Aug 2023	02 Feb 2024	155 Days
2 Friday Road, Erith, Greater London, DA8 1PL	£320,000	£305,000	-£15,000	03 Jul 2023	31 Jan 2024	212 Days
109 Riverdale Road, Erith, Greater London, DA8 1PY	£325,000	£301,520	-£23,480	04 Sep 2023	19 Dec 2023	106 Days
Flat 13, Schooner House, Chichester Wharf, Erith, Greater London, DA8 1BF	£260,000	£259,000	-£1,000	19 Jul 2023	15 Dec 2023	149 Days
Flat 21, Drake Point, Chichester Wharf, Erith, Greater London, DA8 1BG	£235,000	£226,500	-£8,500	26 Apr 2023	14 Dec 2023	232 Days

Most Expensive Streets in Erith

Postcode	Street	Area	Average	No. of Sales
DA8 3DG	Lesney Park Road	Erith	£652,500	4
DA8 3AS	Avenue Road	Erith	£602,500	4
DA8 1FU	Chalk Road	Erith	£526,666	3
DA8 1FT	Loampit Road	Erith	£510,750	10
DA8 1FQ	Adit Road	Erith	£470,000	26
DA8 1FN	Ballast Road	Erith	£466,000	4
DA8 3DX	Park Crescent Road	Erith	£464,500	5
DA8 1ET	Vicarage Close	Erith	£464,250	4
DA8 1FP	Ballast Road	Erith	£462,500	12
DA8 1FH	Loampit Road	Erith	£456,462	27

Least Expensive Streets in Erith

Postcode	Street	Area	Average	No. of Sales
DA8 3DL	Lesney Park Road	Erith	£120,653	13
DA8 1SQ	James Watt Way	Erith	£165,083	3
DA8 3FJ	Bellingham Court	Larner Road	£166,375	8
DA8 1NB	Sycamore Court	Sandcliff Road	£168,333	3
DA17 6LE	Erith Road	Belvedere	£179,863	11
DA8 1LW	Chandlers Drive	Erith	£185,450	10
DA8 1GL	Erith High Street	Erith	£186,291	6
DA8 3FH	Stoneham Court	Dell View Road	£188,466	3
DA8 1TX	Cricketers Close	Erith	£191,000	3
DA8 1QW	Wharfside Close	Erith	£194,111	18