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Forest Hill House Prices

The average house price in Forest Hill is £474,023 using HM Land Registry data.

The average property price increased by £112,076 (21.39%) over the last 5 years and increased by £22,405 (3.65%) over the last 12 months.

Over the last year, there were 164 residential property sales – a decrease of 69 transactions (-42.07%) relative to the previous year. The majority of house sales (61) were in the £290,000 - £428,000 range. Then came properties in the £428,000 - £566,000 range, where 25 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 163 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-19,547 (-2%).

In Oct 24, there were new estate agency instructions, 23 agreed home sales and 26 property price reductions.

5-Year Average Property Prices in Forest Hill

21.39%

Property prices in Forest Hill increased by 21.39% 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 Forest Hill Over the Last Year

3.65%

Property prices in Forest Hill increased by 3.65% 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 Forest Hill - 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 Forest Hill

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 Forest Hill

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 Forest Hill

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 Forest Hill since 1995

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

Recent Property Sales in Forest Hill

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
18 Mount Ash Road, London, Greater London, SE26 6LZ	£750,000	£720,000	-£30,000	04 Apr 2024	26 Jul 2024	113 Days
Flat 9, Bath Court, Droitwich Close, London, Greater London, SE26 6TW	£380,000	£370,000	-£10,000	30 Oct 2023	19 Jul 2024	263 Days
12 Noel Terrace, London, Greater London, SE23 3JJ	£350,000	£325,000	-£25,000	10 Jan 2024	05 Jul 2024	177 Days
8 Longfield Crescent, Sydenham, London, Greater London, SE26 4DX	£550,000	£530,000	-£20,000	02 Jan 2024	14 Jun 2024	164 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
40 Round Hill, London, Greater London, SE26 4RG	£650,000	£635,000	-£15,000	29 Apr 2024	13 May 2024	14 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
44 Thorpewood Avenue, London, Greater London, SE26 4BX	£799,999	£768,000	-£31,999	15 Sep 2023	03 May 2024	231 Days
Flat 10, Bath Court, Droitwich Close, London, Greater London, SE26 6TW	£475,000	£450,000	-£25,000	20 Sep 2023	22 Mar 2024	184 Days
98 Dartmouth Road, London, Greater London, SE23 3HZ	£875,000	£830,000	-£45,000	19 Aug 2023	01 Mar 2024	195 Days
98 Wood Vale, London, Greater London, SE23 3ED	£2,650,000	£2,500,000	-£150,000	04 Sep 2023	01 Mar 2024	179 Days
21 Longfield Crescent, Sydenham, London, Greater London, SE26 4DU	£625,000	£625,000	£00	06 Oct 2023	01 Mar 2024	147 Days
30 Halifax Street, London, Greater London, SE26 6JA	£850,000	£800,000	-£50,000	23 Oct 2023	16 Feb 2024	116 Days
33a, Devonshire Road, London, Greater London, SE23 3EN	£350,000	£285,000	-£65,000	17 May 2016	09 Feb 2024	2824 Days
105 London Road, London, Greater London, SE23 3XW	£750,000	£735,000	-£15,000	04 Oct 2023	09 Feb 2024	128 Days
Flat 3, Forest Croft, Taymount Rise, Forest Hill, London, Greater London, SE23 3UN	£375,000	£360,000	-£15,000	20 Dec 2023	09 Feb 2024	51 Days
9 Heathedge, London, Greater London, SE26 4NJ	£275,000	£271,000	-£4,000	31 Jul 2023	08 Feb 2024	192 Days
29 Ringmore Rise, London, Greater London, SE23 3DF	£1,000,000	£950,000	-£50,000	22 Sep 2023	12 Jan 2024	112 Days
79 Eliot Bank, London, Greater London, SE23 3XD	£400,000	£400,000	£00	08 Jul 2023	20 Dec 2023	165 Days
6 Woodcombe Crescent, London, Greater London, SE23 3BG	£975,000	£930,000	-£45,000	07 Sep 2023	19 Dec 2023	103 Days

Most Expensive Streets in Forest Hill

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 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
SE26 4BY	Thorpewood Avenue	London	£1,121,000	3
SE23 3AW	Canonbie Road	London	£1,119,200	5
SE23 3QG	Westwood Park	London	£1,095,583	6
SE23 3DE	Ringmore Rise	London	£1,048,125	8

Least Expensive Streets in Forest Hill

Postcode	Street	Area	Average	No. of Sales
SE23 3EH	Clyde Terrace	London	£156,666	3
SE26 4NJ	Heathedge	London	£274,666	3
SE26 4BE	Denham Court	Kirkdale	£278,333	3
SE23 3RT	Angela Court	Honor Oak Road	£285,000	3
SE23 3SR	Devonshire Road	London	£287,500	5
SE26 4RB	Cheseman Court	Cheseman Street, London	£295,833	3
SE23 3NR	Boveney Road	London	£298,333	3
SE26 4QJ	Kirkdale	Sydenham	£299,500	5
SE23 3XB	Eliot Bank	London	£300,300	5
SE23 3PU	Manor Mount	London	£303,750	4