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Greenwich House Prices

The average house price in Greenwich is £561,308 using HM Land Registry data.

The average property price increased by £31,369 (5.31%) over the last 5 years and increased by £6,271 (1.02%) over the last 12 months.

Over the last year, there were 413 residential property sales – a decrease of 258 transactions (-62.47%) relative to the previous year. The majority of house sales (90) were in the £454,000 - £578,000 range. Then came properties in the £578,000 - £702,000 range, where 88 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 108 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-27,010 (-2%).

In Oct 24, there were 147 new estate agency instructions, 65 agreed home sales and 100 property price reductions.

5-Year Average Property Prices in Greenwich

5.31%

Property prices in Greenwich increased by 5.31% 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 Greenwich Over the Last Year

1.02%

Property prices in Greenwich increased by 1.02% 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 Greenwich - 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 Greenwich

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 Greenwich

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 Greenwich

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 Greenwich since 1995

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

Recent Property Sales in Greenwich

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
10 Braddyll Street, London, Greater London, SE10 9AE	£760,000	£755,812	-£4,188	31 Aug 2023	12 Aug 2024	347 Days
53c, Devonshire Drive, London, Greater London, SE10 8JZ	£450,000	£425,000	-£25,000	08 Jan 2024	01 Aug 2024	206 Days
65 Calvert Road, London, Greater London, SE10 0DG	£750,000	£715,000	-£35,000	17 Jan 2024	26 Jul 2024	191 Days
103 Calvert Road, London, Greater London, SE10 0DG	£800,000	£796,000	-£4,000	09 Feb 2024	17 Jul 2024	159 Days
2 Catherine Grove, Greenwich, London, Greater London, SE10 8BS	£1,000,000	£1,000,000	£00	08 May 2024	11 Jul 2024	64 Days
Flat 60, Kilby Court, Southern Way, London, Greater London, SE10 0PR	£325,000	£294,000	-£31,000	09 May 2023	28 Jun 2024	416 Days
4 Clayton Mews, London, Greater London, SE10 8HZ	£1,150,000	£1,056,500	-£93,500	27 Feb 2024	14 Jun 2024	108 Days
29 Gloucester Circus, London, Greater London, SE10 8RY	£1,750,000	£1,600,000	-£150,000	08 Feb 2024	07 Jun 2024	120 Days
Flat 334, Maurer Court, Renaissance Walk, London, Greater London, SE10 0SS	£375,000	£370,000	-£5,000	30 Jun 2023	04 Jun 2024	340 Days
105 Vanbrugh Hill, London, Greater London, SE10 9HB	£900,000	£875,000	-£25,000	11 Mar 2024	31 May 2024	81 Days
Flat 501, Faraday Lodge, Renaissance Walk, London, Greater London, SE10 0QL	£550,000	£530,000	-£20,000	15 Sep 2023	28 May 2024	256 Days
4 Calvert Road, London, Greater London, SE10 0DF	£1,150,000	£1,080,000	-£70,000	25 Jan 2024	24 May 2024	120 Days
39 Randall Place, London, Greater London, SE10 9LA	£700,000	£695,000	-£5,000	19 Feb 2024	24 May 2024	95 Days
9 Guildford Grove, London, Greater London, SE10 8JY	£1,400,000	£1,400,000	£00	12 Jan 2024	23 May 2024	132 Days
29 Ormiston Road, London, Greater London, SE10 0LJ	£875,000	£871,000	-£4,000	20 Feb 2024	17 May 2024	87 Days
78 Crosslet Vale, Greenwich, London, Greater London, SE10 8DJ	£350,000	£335,000	-£15,000	19 Sep 2023	17 May 2024	241 Days
50 Ashburnham Place, London, Greater London, SE10 8UG	£1,500,000	£1,334,000	-£166,000	19 Feb 2024	15 May 2024	86 Days
39 Crosslet Vale, Greenwich, London, Greater London, SE10 8DH	£775,000	£750,000	-£25,000	05 Sep 2023	03 May 2024	241 Days
29 Aldeburgh Street, London, Greater London, SE10 0RW	£350,000	£330,000	-£20,000	18 Jan 2024	26 Apr 2024	99 Days
141 Troughton Road, London, Greater London, SE7 7QF	£650,000	£650,000	£00	06 Aug 2023	26 Apr 2024	264 Days

Most Expensive Streets in Greenwich

Postcode	Street	Area	Average	No. of Sales
SE10 8QH	Hyde Vale	London	£2,563,500	3
SE10 8RY	Gloucester Circus	London	£2,150,000	6
SE10 8GU	French Terrace	London	£1,724,587	4
SE10 8QN	Diamond Terrace	London	£1,669,500	4
SE10 8JS	Egerton Drive	London	£1,513,833	3
SE10 8TZ	Ashburnham Place	London	£1,450,833	6
SE10 8HP	Hyde Vale	London	£1,437,214	7
SE10 8QQ	Hyde Vale	London	£1,424,943	8
SE10 8RT	Royal Hill	London	£1,420,468	8
SE10 8JR	Egerton Drive	London	£1,399,500	4

Least Expensive Streets in Greenwich

Postcode	Street	Area	Average	No. of Sales
SE10 0SN	Chandlers Avenue	London	£136,125	4
SE10 8ED	Blackheath Road	London	£172,900	5
SE10 0NG	Blackwall Lane	London	£191,666	3
SE10 9FF	Dowells Street	London	£195,500	5
SE10 0FD	Banning Street	London	£201,125	4
SE10 0UG	Barge Walk	London	£205,442	13
SE10 9FD	Dowells Street	London	£211,843	8
SE10 9FG	Norway Street	London	£230,235	17
SE7 7RA	Woolwich Road	London	£258,125	4
SE10 0NN	Chandlers Avenue	London	£263,894	16