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Lewisham House Prices

The average house price in Lewisham is £595,940 using HM Land Registry data.

The average property price increased by £76,681 (15.23%) over the last 5 years and increased by £15,329 (2.71%) over the last 12 months.

Over the last year, there were 742 residential property sales – a decrease of 313 transactions (-42.18%) relative to the previous year. The majority of house sales (188) were in the £270,000 - £396,000 range. Then came properties in the £396,000 - £522,000 range, where 169 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 88 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-20,317 (-2%).

In Oct 24, there were 194 new estate agency instructions, 116 agreed home sales and 152 property price reductions.

5-Year Average Property Prices in Lewisham

15.23%

Property prices in Lewisham increased by 15.23% 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 Lewisham Over the Last Year

2.71%

Property prices in Lewisham increased by 2.71% 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 Lewisham - 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 Lewisham

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 Lewisham

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 Lewisham

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 Lewisham since 1995

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

Recent Property Sales in Lewisham

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
52 Carston Close, London, Greater London, SE12 8DZ	£565,000	£555,000	-£10,000	24 Feb 2024	20 Aug 2024	178 Days
Flat 6c, Fern Court, Drakefell Road, Brockley, London, Greater London, SE14 5SN	£280,000	£280,000	£00	16 May 2024	16 Aug 2024	92 Days
55 Cambridge Drive, London, Greater London, SE12 8AG	£900,000	£850,000	-£50,000	10 Apr 2024	13 Aug 2024	125 Days
5 Kneller Road, London, Greater London, SE4 2AR	£950,000	£935,000	-£15,000	21 Feb 2024	12 Aug 2024	173 Days
117 Manor Lane, London, Greater London, SE12 8LT	£1,000,000	£1,000,000	£00	06 Apr 2024	09 Aug 2024	125 Days
42 Brookbank Road, London, Greater London, SE13 7BX	£720,000	£720,000	£00	08 Feb 2024	09 Aug 2024	183 Days
Flat 18, Hutchinson House, New Cross Road, London, Greater London, SE14 5BQ	£350,000	£340,000	-£10,000	15 Apr 2024	07 Aug 2024	114 Days
74 Marsala Road, London, Greater London, SE13 7AD	£895,000	£890,000	-£5,000	03 May 2024	02 Aug 2024	91 Days
Flat 6, Bramley Court, Knowles Hill Crescent, London, Greater London, SE13 6DT	£180,000	£170,000	-£10,000	19 Feb 2024	02 Aug 2024	165 Days
47 Lausanne Road, London, Greater London, SE15 2HY	£400,000	£400,000	£00	03 May 2024	02 Aug 2024	91 Days
1a, Old Road, London, Greater London, SE13 5SU	£375,000	£368,100	-£6,900	02 Feb 2024	01 Aug 2024	181 Days
25 Fernbrook Road, London, Greater London, SE13 5NG	£799,950	£767,000	-£32,950	01 Feb 2024	26 Jul 2024	176 Days
24 Birch Grove, London, Greater London, SE12 0SP	£240,000	£230,000	-£10,000	21 Jun 2023	23 Jul 2024	398 Days
105 Arica Road, London, Greater London, SE4 2PS	£700,000	£700,000	£00	22 Dec 2023	23 Jul 2024	214 Days
Flat 7, Bellflower Court, Odell Walk, London, Greater London, SE13 7DR	£325,000	£312,000	-£13,000	07 Dec 2023	22 Jul 2024	228 Days
2 Willow Close, London, Greater London, SE6 1JY	£450,000	£425,000	-£25,000	22 Apr 2024	19 Jul 2024	88 Days
9 Dorville Road, London, Greater London, SE12 8ED	£600,000	£600,000	£00	02 Feb 2024	16 Jul 2024	165 Days
49 Arthurdon Road, London, Greater London, SE4 1JT	£850,000	£825,000	-£25,000	27 Feb 2024	05 Jul 2024	129 Days
43 Southbrook Road, London, Greater London, SE12 8LJ	£1,750,000	£1,675,000	-£75,000	07 Feb 2024	27 Jun 2024	141 Days
205 Wellmeadow Road, Catford, London, Greater London, SE6 1HR	£800,000	£792,500	-£7,500	27 Nov 2023	26 Jun 2024	212 Days

Most Expensive Streets in Lewisham

Postcode	Street	Area	Average	No. of Sales
SE12 8NR	Handen Road	London	£1,532,083	6
SE14 5SD	Pepys Road	London	£1,495,179	4
SE12 8NP	Handen Road	London	£1,377,428	7
SE12 8LL	Southbrook Road	London	£1,367,000	5
SE4 1QL	Crescent Way	London	£1,257,500	4
SE12 8LU	Micheldever Road	London	£1,230,611	9
SE4 1QB	Tyrwhitt Road	London	£1,131,666	3
SE4 1LR	Harefield Road	London	£1,120,250	4
SE13 5RE	Chalcroft Road	London	£1,079,625	8
SE13 5QW	Manor Lane	London	£1,073,571	7

Least Expensive Streets in Lewisham

Postcode	Street	Area	Average	No. of Sales
SE13 7FH	Nara Building	Conington Road	£129,833	3
SE13 7RR	Oregon Building	Deals Gateway	£145,000	3
SE13 7US	Bentley Court	Whitburn Road	£191,875	8
SE6 1LD	Blair Court	Cumberland Place	£194,680	5
SE6 1BB	Stevenson Court	Cumberland Place	£195,250	16
SE6 1LB	Rowallan Court	Cumberland Place	£200,714	7
SE14 5BW	Megan Court 29	Pomeroy Street, London	£211,125	8
SE13 6QW	Kemsley	Lewisham Park	£214,500	3
SE12 9HS	Honeysuckle Court	Westhorne Avenue	£221,700	5
SE6 1NB	Rattray Court	Cumberland Place	£224,000	5