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Honor Oak House Prices

The average house price in Honor Oak is £527,181 using HM Land Registry data.

The average property price increased by £103,148 (18.57%) over the last 5 years and increased by £20,621 (3.23%) over the last 12 months.

Over the last year, there were 171 residential property sales – a decrease of 85 transactions (-49.71%) relative to the previous year. The majority of house sales (34) were in the £360,000 - £478,000 range. Then came properties in the £478,000 - £596,000 range, where 30 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 51 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-19,141 (-2%).

In Oct 24, there were new estate agency instructions, 30 agreed home sales and 16 property price reductions.

5-Year Average Property Prices in Honor Oak

18.57%

Property prices in Honor Oak increased by 18.57% 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 Honor Oak Over the Last Year

3.23%

Property prices in Honor Oak increased by 3.23% 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 Honor Oak - 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 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date).Others simply reduce the price to a level that will entice more buyer 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 Honor Oak

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 Honor Oak

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 Honor Oak

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 Honor Oak since 1995

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

Recent Property Sales in Honor Oak

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
23 Blythe Hill Lane, London, Greater London, SE6 4UP	£625,000	£615,000	-£10,000	08 Dec 2023	25 Apr 2024	139 Days
Flat 6, The Forest House, St German's Road, London, Greater London, SE23 1RX	£325,000	£312,500	-£12,500	07 Aug 2023	17 Apr 2024	254 Days
95 Stillness Road, London, Greater London, SE23 1NF	£1,000,000	£1,000,000	£00	14 Nov 2023	12 Apr 2024	150 Days
97a, Bovill Road, Honor Oak Park, London, Greater London, SE23 1EL	£557,775	£557,775	£00	13 Nov 2023	08 Mar 2024	116 Days
4 Blythe Close, London, Greater London, SE6 4UW	£375,000	£330,000	-£45,000	05 Oct 2023	26 Feb 2024	144 Days
12 Stondon Park, Forest Hill, London, Greater London, SE23 1LA	£499,995	£481,500	-£18,495	09 Sep 2023	30 Jan 2024	143 Days
52 Riseldine Road, London, Greater London, SE23 1JU	£900,000	£880,000	-£20,000	03 Nov 2023	12 Jan 2024	70 Days
14 Stillness Road, London, Greater London, SE23 1NQ	£1,050,000	£1,000,000	-£50,000	17 Oct 2023	12 Jan 2024	87 Days
46 Sevenoaks Road, London, Greater London, SE4 1RE	£735,000	£725,000	-£10,000	05 Aug 2023	12 Jan 2024	160 Days
25 Glynde Street, London, Greater London, SE4 1RU	£665,000	£665,000	£00	16 Sep 2023	08 Jan 2024	114 Days
68 Buckthorne Road, London, Greater London, SE4 2DG	£899,999	£855,000	-£44,999	18 Sep 2023	19 Dec 2023	92 Days
73 Brockley Grove, London, Greater London, SE4 1DZ	£950,000	£935,000	-£15,000	17 Aug 2023	13 Dec 2023	118 Days
87 Codrington Hill, London, Greater London, SE23 1LR	£500,000	£445,000	-£55,000	13 Jul 2023	08 Dec 2023	148 Days
8a, Whatman Road, London, Greater London, SE23 1EZ	£450,000	£450,000	£00	24 Mar 2023	06 Dec 2023	257 Days
42 Buckthorne Road, London, Greater London, SE4 2DB	£925,000	£895,000	-£30,000	07 Sep 2023	01 Dec 2023	85 Days
115a, Howson Road, London, Greater London, SE4 2BB	£450,000	£450,000	£00	15 Aug 2023	01 Dec 2023	108 Days
19 Holdenby Road, London, Greater London, SE4 2DA	£800,000	£800,000	£00	27 Jul 2023	30 Nov 2023	126 Days
65 Manwood Road, London, Greater London, SE4 1AB	£750,000	£735,000	-£15,000	03 Jul 2023	29 Nov 2023	149 Days
74 Garthorne Road, London, Greater London, SE23 1EW	£800,000	£800,000	£00	29 Jun 2023	06 Nov 2023	130 Days
149 Manwood Road, London, Greater London, SE4 1SA	£800,000	£795,000	-£5,000	31 May 2023	06 Nov 2023	159 Days

Most Expensive Streets in Honor Oak

Postcode	Street	Area	Average	No. of Sales
SE23 1NY	Grierson Road	London	£961,833	3
SE23 1NQ	Stillness Road	London	£945,649	3
SE23 1SL	Brockley View	London	£918,233	3
SE23 1PY	Lowther Hill	London	£908,166	6
SE23 1DJ	Agnew Road	London	£907,333	3
SE4 2DQ	Bartram Road	London	£877,500	4
SE23 1PD	Maclean Road	London	£873,400	5
SE23 1EY	Whatman Road	London	£870,666	9
SE23 1PF	Grierson Road	London	£863,000	3
SE23 1PH	Holmesley Road	London	£850,000	3

Least Expensive Streets in Honor Oak

Postcode	Street	Area	Average	No. of Sales
SE23 1GA	Caldecourt Place	Wastdale Road	£261,750	4
SE23 1AG	Malham Road	London	£288,333	3
SE23 1RT	Park Rise	London	£290,700	5
SE23 1JB	Stanstead Road	Forest Hill	£306,666	3
SE6 4XP	Montacute Road	London	£328,375	8
SE23 1SW	Lynne Court	Brockley View	£330,000	3
SE23 1JG	Brockley Rise	London	£337,500	4
SE6 4UW	Blythe Close	London	£338,000	3
SE6 4FL	Lamington Mews	London	£343,875	4
SE23 1PX	Plumpton Court	Brockley Park	£351,666	3