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Oval House Prices

The average house price in Oval is £531,568 using HM Land Registry data.

The average property price decreased by £11,836 (--1.92%) over the last 5 years and decreased by £2,367 (--0.39%) over the last 12 months.

Over the last year, there were 149 residential property sales – a decrease of 83 transactions (-55.70%) relative to the previous year. The majority of house sales (50) were in the £340,000 - £476,000 range. Then came properties in the £476,000 - £612,000 range, where 46 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 82 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-21,830 (-2%).

In Oct 24, there were 43 new estate agency instructions, 18 agreed home sales and 31 property price reductions.

5-Year Average Property Prices in Oval

-1.92%

Property prices in Oval decreased by -1.92% 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 Oval Over the Last Year

-0.39%

Property prices in Oval decreased by -0.39% 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 Oval - 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 Oval

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 Oval

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 Oval

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 Oval since 1995

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

Recent Property Sales in Oval

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
55 Salisbury Place, London, Greater London, SW9 6UW	£765,000	£745,000	-£20,000	24 Oct 2023	08 Aug 2024	289 Days
108 Fentiman Road, London, Greater London, SW8 1QA	£3,999,950	£3,815,000	-£184,950	16 Apr 2024	25 Jul 2024	100 Days
36 Trigon Road, London, Greater London, SW8 1NH	£1,295,000	£1,285,000	-£10,000	17 Apr 2024	25 Jul 2024	99 Days
Flat 1, Calais Gate, Cormont Road, London, Greater London, SE5 9RQ	£625,000	£623,502	-£1,498	14 Mar 2024	22 Jul 2024	130 Days
37 Usborne Mews, London, Greater London, SW8 1LR	£450,000	£440,000	-£10,000	16 Feb 2024	17 Jul 2024	152 Days
100 Denmark Road, London, Greater London, SE5 9LB	£1,100,000	£1,100,000	£00	08 Nov 2023	24 May 2024	198 Days
Flat 13, Lang House, Hartington Road, London, Greater London, SW8 2HT	£500,000	£495,000	-£5,000	28 Jul 2023	17 May 2024	294 Days
18 Mandela Street, London, Greater London, SW9 6EL	£735,000	£725,000	-£10,000	21 Dec 2023	19 Apr 2024	120 Days
6 Turner Close, London, Greater London, SW9 6UQ	£725,000	£703,500	-£21,500	08 Jan 2024	12 Apr 2024	95 Days
Flat 14, Stoddart House, Meadow Road, London, Greater London, SW8 1NB	£425,000	£414,000	-£11,000	12 Jul 2023	12 Mar 2024	244 Days
26 Albert Square, London, Greater London, SW8 1DA	£2,350,000	£2,350,000	£00	13 Oct 2023	08 Mar 2024	147 Days
115b, Burton Road, London, Greater London, SW9 6TG	£1,200,000	£600,000	-£600,000	02 Nov 2023	23 Feb 2024	113 Days
Flat 39, Rothesay Court, Harleyford Street, London, Greater London, SE11 5SU	£315,000	£305,000	-£10,000	11 Jul 2023	22 Feb 2024	226 Days
Flat 1, Eastry House, Hartington Road, London, Greater London, SW8 2HU	£449,950	£430,000	-£19,950	03 Oct 2023	01 Feb 2024	121 Days
First, Second And Third Floor Flat At, 71, Tradescant Road, London, Greater London, SW8 1XJ	£750,000	£737,777	-£12,223	10 Aug 2023	19 Jan 2024	162 Days
Basement Flat, 36, Offley Road, London, Greater London, SW9 0LS	£489,950	£440,000	-£49,950	01 Nov 2022	12 Jan 2024	437 Days
Flat 15, Plover House, Brixton Road, London, Greater London, SW9 6DW	£350,000	£340,000	-£10,000	02 Sep 2023	08 Jan 2024	128 Days
48a, Vassall Road, London, Greater London, SW9 6HX	£390,000	£372,000	-£18,000	09 Apr 2019	05 Jan 2024	1732 Days
152 Camberwell New Road, London, Greater London, SE5 0RR	£775,000	£740,000	-£35,000	28 Apr 2023	20 Dec 2023	236 Days
8 Offley Road, London, Greater London, SW9 0LS	£859,000	£844,000	-£15,000	05 May 2023	15 Dec 2023	224 Days

Most Expensive Streets in Oval

Postcode	Street	Area	Average	No. of Sales
SW8 1QA	Fentiman Road	London	£2,486,666	3
SW8 1DA	Albert Square	London	£1,686,666	3
SW8 1BS	Albert Square	London	£1,540,000	3
SW8 1JZ	Fentiman Road	London	£1,502,083	6
SW8 1JR	Regents Bridge Gardens	London	£1,461,250	6
SW8 1BH	Aldebert Terrace	London	£1,369,500	3
SE5 9RA	Cormont Road	London	£1,293,500	5
SE5 9LP	Calais Street	London	£1,251,500	9
SE5 9RD	Brief Street	London	£1,219,133	3
SW8 1NZ	Claylands Road	London	£1,198,000	5

Least Expensive Streets in Oval

Postcode	Street	Area	Average	No. of Sales
SE11 5SU	Rothesay Court	Harleyford Street, London	£289,375	4
SW8 2UD	Wilcox Close	London	£328,509	3
SW8 2TX	Mawbey Street	London	£329,333	3
SW9 6FS	Bourbon Road	London	£337,642	7
SW9 6JX	Kingsgate House	Gosling Way	£345,841	6
SW9 7DX	Eythorne Road	London	£349,350	7
SW8 1UT	South Lambeth Road	London	£349,983	3
SW9 7BL	Eythorne Road	London	£353,750	4
SW9 6HJ	Knowlton House	Cowley Road	£354,600	5
SW9 6HX	Vassall Road	London	£364,000	3