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Millwall House Prices

The average house price in Millwall is £550,833 using HM Land Registry data.

The average property price increased by £27,894 (5.66%) over the last 5 years and increased by £5,589 (1.08%) over the last 12 months.

Over the last year, there were 91 residential property sales – a decrease of 26 transactions (-28.57%) relative to the previous year. The majority of house sales (26) were in the £290,000 - £392,000 range. Then came properties in the £494,000 - £596,000 range, where 15 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 100 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-16,911 (-3%).

In Dec 24, there were 25 new estate agency instructions, 6 agreed home sales and 15 property price reductions.

5-Year Average Property Prices in Millwall

5.66%

Property prices in Millwall increased by 5.66% 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 Millwall Over the Last Year

1.08%

Property prices in Millwall increased by 1.08% 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 Millwall - Dec 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 Millwall

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 Millwall

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 Millwall

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 Millwall since 1995

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

Recent Property Sales in Millwall

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
269a, Westferry Road, London, Greater London, E14 3RS	£260,000	£250,000	-£10,000	18 Mar 2024	18 Jul 2024	122 Days
Flat 26, Poseidon Court, Homer Drive, London, Greater London, E14 3UG	£750,000	£740,000	-£10,000	04 Jan 2024	03 Jul 2024	181 Days
29 Wynan Road, London, Greater London, E14 3AF	£750,000	£735,000	-£15,000	27 Feb 2024	28 May 2024	91 Days
94 St Davids Square, London, Greater London, E14 3WB	£375,000	£370,000	-£5,000	12 Jan 2024	24 May 2024	133 Days
54 Falcon Way, London, Greater London, E14 9UP	£575,000	£535,000	-£40,000	13 Feb 2024	24 May 2024	101 Days
68 St Davids Square, London, Greater London, E14 3WB	£550,000	£535,000	-£15,000	17 Oct 2023	22 May 2024	218 Days
79 Caledonian Wharf, London, Greater London, E14 3EN	£499,000	£390,000	-£109,000	07 Nov 2017	20 May 2024	2386 Days
Flat 13, Aphrodite Court, Homer Drive, London, Greater London, E14 3UE	£300,000	£300,000	£00	25 Sep 2023	15 Apr 2024	203 Days
59 Ferguson Close, London, Greater London, E14 3SH	£475,000	£450,000	-£25,000	20 Sep 2023	28 Mar 2024	190 Days
64 Cumberland Mills Square, London, Greater London, E14 3BJ	£360,000	£340,000	-£20,000	30 Oct 2023	13 Mar 2024	135 Days
6 Julian Place, London, Greater London, E14 3AT	£650,000	£625,000	-£25,000	24 Oct 2023	13 Mar 2024	141 Days
22 Spindrift Avenue, London, Greater London, E14 9UL	£435,000	£400,000	-£35,000	04 Oct 2023	09 Jan 2024	97 Days
27 Falcon Way, London, Greater London, E14 9UP	£310,000	£295,000	-£15,000	25 Apr 2023	30 Nov 2023	219 Days
8 Undine Road, London, Greater London, E14 9UW	£600,000	£600,000	£00	09 Jun 2023	09 Oct 2023	122 Days
39 Manchester Road, London, Greater London, E14 3DN	£700,000	£650,000	-£50,000	10 Mar 2023	03 Oct 2023	207 Days
23 Pointers Close, London, Greater London, E14 3AP	£800,000	£770,000	-£30,000	13 Apr 2023	15 Sep 2023	155 Days
3 Taeping Street, London, Greater London, E14 9UN	£540,000	£535,000	-£5,000	15 May 2023	14 Sep 2023	122 Days
61 Barnfield Place, London, Greater London, E14 9YB	£795,000	£795,000	£00	15 Nov 2022	14 Sep 2023	303 Days
140 Langbourne Place, London, Greater London, E14 3WW	£390,000	£390,000	£00	09 Jun 2023	08 Sep 2023	91 Days
29 Ferguson Close, London, Greater London, E14 3SH	£365,000	£355,000	-£10,000	02 Dec 2022	04 Sep 2023	276 Days

Most Expensive Streets in Millwall

Postcode	Street	Area	Average	No. of Sales
E14 3AY	East Ferry Road	London	£906,444	9
E14 3AP	Pointers Close	London	£813,472	4
E14 3WH	St Davids Square	London	£812,666	3
E14 3UH	Artemis Court	Homer Drive	£778,125	4
E14 9YB	Barnfield Place	London	£740,250	4
E14 3AJ	Lockesfield Place	London	£732,000	3
E14 3DT	Ferry Street	London	£727,500	6
E14 3AX	Thermopylae Gate	London	£719,520	5
E14 9UZ	Wheat Sheaf Close	London	£714,000	4
E14 3QW	Magellan Place	London	£702,500	4

Least Expensive Streets in Millwall

Postcode	Street	Area	Average	No. of Sales
E14 3RR	Westferry Road	London	£235,000	3
E14 9XE	Telegraph Place	London	£249,166	3
E14 3AQ	Transom Square	London	£277,500	4
E14 3AN	Westferry Road	London	£290,468	4
E14 3EH	Seyssel Street	London	£302,666	3
E14 9WZ	Ringwood Gardens	London	£313,125	8
E14 3BP	Glengarnock Avenue	London	£319,500	3
E14 3UJ	Hera Court	Homer Drive	£324,400	5
E14 3TR	Brunel House	Ship Yard	£325,000	6
E14 3SJ	Ferguson Close	London	£325,023	6