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Norbury House Prices Norbury House Prices

The average house price in Norbury is £405,875 using HM Land Registry data.

The average property price increased by £79,724 (16.33%) over the last 5 years and increased by £15,938 (2.89%) over the last 12 months.

Over the last year, there were 129 residential property sales – a decrease of 56 transactions (-43.41%) relative to the previous year. The majority of house sales (30) were in the £462,000 - £568,000 range. Then came properties in the £356,000 - £462,000 range, where 25 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 87 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-15,653 (-2%).

In Oct 24, there were 34 new estate agency instructions, 17 agreed home sales and 27 property price reductions.

Neighbouring Areas: Thornton Heath, Mitcham, West Norwood, Streatham, Crystal Palace

Postcodes Covered: CR7, SE19, SW16

5-Year Average Property Prices in Norbury

16.33%

Property prices in Norbury increased by 16.33% 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 Norbury Over the Last Year

2.89%

Property prices in Norbury increased by 2.89% 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.

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).

Property Market Heat Gauge for Norbury - 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 Norbury

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 Norbury

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 Norbury

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 Norbury since 1995

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

Recent Property Sales in Norbury

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
149 Tylecroft Road, London, Greater London, SW16 4BJ£450,000£450,000£0016 May 202408 Aug 202484 Days
183 Covington Way, London, Greater London, SW16 3AH£1,350,000£1,280,000-£70,00012 Jan 202402 Aug 2024203 Days
Lychgate, Pollards Crescent, London, Greater London, SW16 4NX£750,000£710,000-£40,00015 Jan 202419 Jul 2024186 Days
153 Green Lane, London, Greater London, SW16 3NA£600,000£585,000-£15,00017 Oct 202312 Jul 2024269 Days
116 Pollards Hill South, Norbury, London, Greater London, SW16 4ND£550,000£550,000£0011 Jul 202412 Jul 20241 Days
46 Bigginwood Road, London, Greater London, SW16 3RZ£625,000£615,000-£10,00020 Mar 202405 Jul 2024107 Days
146 Tylecroft Road, London, Greater London, SW16 4TE£390,000£390,000£0019 Oct 202301 Jul 2024256 Days
8 Darcy Road, London, Greater London, SW16 4TY£500,000£495,000-£5,00012 Nov 202327 Jun 2024228 Days
141 Green Lane, London, Greater London, SW16 3NA£600,000£600,000£0025 Mar 202425 Jun 202492 Days
99 Virginia Road, Thornton Heath, Greater London, CR7 8EN£575,000£560,000-£15,00028 Nov 202314 Jun 2024199 Days
32 Darcy Road, London, Greater London, SW16 4TY£435,000£415,000-£20,00028 Sep 202314 Jun 2024260 Days
88 Isham Road, London, Greater London, SW16 4TF£475,000£468,000-£7,00009 Oct 202313 Jun 2024248 Days
34 Bigginwood Road, London, Greater London, SW16 3RZ£625,000£565,000-£60,00026 Dec 202329 May 2024155 Days
235 Norbury Avenue, Thornton Heath, Greater London, CR7 8AB£625,000£610,000-£15,00020 Oct 202310 May 2024203 Days
101 Norbury Court Road, London, Greater London, SW16 4HZ£400,000£350,000-£50,00022 Feb 202403 May 202471 Days
13 Croindene Road, London, Greater London, SW16 5RE£550,000£530,000-£20,00008 Feb 202424 Apr 202476 Days
55 Kilmartin Avenue, London, Greater London, SW16 4RA£575,000£545,000-£30,00018 Sep 202304 Apr 2024199 Days
21 Norbury Rise, London, Greater London, SW16 4JF£500,000£492,250-£7,75008 Oct 202303 Apr 2024178 Days
59 Tylecroft Road, London, Greater London, SW16 4BL£500,000£500,000£0005 Apr 202311 Mar 2024341 Days
2 Briar Road, London, Greater London, SW16 4LU£550,000£500,000-£50,00004 Sep 202301 Mar 2024179 Days

Most Expensive Streets in Norbury

PostcodeStreetAreaAverageNo. of Sales
SW16 3AHCovington WayLondon£1,100,4005
SW16 3EHRyecroft RoadLondon£982,3754
SW16 4NJPollards Hill NorthLondon£922,0003
SW16 3AGBriar AvenueLondon£798,7504
SW16 3LSHeatherset GardensNorbury£798,0005
SW16 3BHHillcote AvenueLondon£786,6663
SW16 3BQHillcote AvenueLondon£781,0003
SW16 3JZChristian FieldsLondon£759,6005
SW16 4UXPollards Hill EastLondon£758,3333
SW16 3JXChristian FieldsLondon£758,1663

Least Expensive Streets in Norbury

PostcodeStreetAreaAverageNo. of Sales
SW16 4PYStanford RoadLondon£205,6663
SW16 4EBLondon RoadLondon£224,1005
SW16 4EYLondon RoadLondon£241,6663
SW16 4XAShirley CourtLondon Road£241,6663
CR7 8HXNorthwood RoadThornton Heath£253,5183
SW16 4LDWoodfieldSt Helens Crescent£263,3333
CR7 8HUNorthwood RoadThornton Heath£264,0004
SW16 4EZLondon RoadLondon£275,7504
SW16 3ETAveril GroveLondon£305,8003
CR7 8AJNorbury AvenueThornton Heath£317,1254

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