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South Norwood House Prices

The average house price in South Norwood is £386,833 using HM Land Registry data.

The average property price increased by £62,357 (17.89%) over the last 5 years and increased by £12,466 (3.13%) over the last 12 months.

Over the last year, there were 279 residential property sales – a decrease of 154 transactions (-55.20%) relative to the previous year. The majority of house sales (55) were in the £352,000 - £418,000 range. Then came properties in the £418,000 - £484,000 range, where 51 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 105 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-15,276 (-2%).

In Oct 24, there were 69 new estate agency instructions, 60 agreed home sales and 38 property price reductions.

5-Year Average Property Prices in South Norwood

17.89%

Property prices in South Norwood increased by 17.89% 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 South Norwood Over the Last Year

3.13%

Property prices in South Norwood increased by 3.13% 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 South Norwood - 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 South Norwood

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 South Norwood

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 South Norwood

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 South Norwood since 1995

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

Recent Property Sales in South Norwood

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
31 Howden Road, London, Greater London, SE25 4AS	£775,000	£765,000	-£10,000	27 Jan 2024	02 Aug 2024	188 Days
99 Crowther Road, London, Greater London, SE25 5QS	£600,000	£595,000	-£5,000	12 Mar 2024	26 Jul 2024	136 Days
31 Oakley Road, London, Greater London, SE25 4XG	£500,000	£500,000	£00	16 Apr 2024	25 Jul 2024	100 Days
63 Sandown Road, London, Greater London, SE25 4XD	£475,000	£467,250	-£7,750	23 Feb 2024	25 Jul 2024	153 Days
94 Oakley Road, London, Greater London, SE25 4XQ	£525,000	£508,500	-£16,500	20 Feb 2024	19 Jul 2024	150 Days
1a, Percy Road, London, Greater London, SE25 5NA	£230,000	£230,000	£00	16 Feb 2024	19 Jul 2024	154 Days
14 Addison Road, London, Greater London, SE25 4LW	£425,000	£415,000	-£10,000	04 Jun 2024	19 Jul 2024	45 Days
28 Southern Avenue, South Norwood, London, Greater London, SE25 4BS	£650,000	£640,000	-£10,000	09 Apr 2024	15 Jul 2024	97 Days
97 Dagnall Park, London, Greater London, SE25 6NS	£650,000	£545,000	-£105,000	04 Jan 2024	05 Jul 2024	183 Days
71 Brooklyn Road, London, Greater London, SE25 4NQ	£450,000	£435,000	-£15,000	13 Jun 2023	28 Jun 2024	381 Days
584 Davidson Road, Croydon, Greater London, CR0 6DG	£400,000	£390,000	-£10,000	28 Oct 2023	12 Jun 2024	228 Days
49 Belmont Road, London, Greater London, SE25 4QG	£500,000	£495,000	-£5,000	30 Jan 2024	28 May 2024	119 Days
11 Brooklyn Avenue, London, Greater London, SE25 4NL	£475,000	£475,000	£00	02 Oct 2023	03 May 2024	214 Days
28 Woodside Avenue, London, Greater London, SE25 5DJ	£475,000	£470,000	-£5,000	23 Nov 2023	03 May 2024	162 Days
50 Archer Road, London, Greater London, SE25 4JN	£325,000	£325,000	£00	27 Dec 2023	26 Apr 2024	121 Days
17a, Holland Road, London, Greater London, SE25 5QT	£230,000	£230,000	£00	27 Jan 2024	26 Apr 2024	90 Days
21 Tudor Road, London, Greater London, SE25 4RH	£535,000	£530,000	-£5,000	20 Nov 2023	26 Apr 2024	158 Days
28 Cromer Road, London, Greater London, SE25 4HH	£525,000	£525,000	£00	21 Oct 2023	26 Apr 2024	188 Days
277 Albert Road, London, Greater London, SE25 4RN	£400,000	£388,000	-£12,000	11 Sep 2023	23 Apr 2024	225 Days
7a, Eldon Park, London, Greater London, SE25 4JQ	£375,000	£375,000	£00	11 Nov 2023	15 Apr 2024	156 Days

Most Expensive Streets in South Norwood

Postcode	Street	Area	Average	No. of Sales
SE25 4AD	Woodvale Avenue	London	£698,428	7
SE25 4BT	Southern Avenue	South Norwood	£653,750	4
SE25 4BX	Sundial Avenue	London	£632,600	5
SE25 4BN	Court Road	London	£629,142	7
SE25 6XU	Selhurst Road	London	£628,333	3
SE25 4BL	Lancaster Road	London	£606,998	4
SE25 4BY	Norhyrst Avenue	London	£597,203	11
SE25 4BS	Southern Avenue	London	£585,500	10
SE25 4BZ	Norhyrst Avenue	London	£579,166	3
SE25 6UB	Nugent Road	London	£575,889	8

Least Expensive Streets in South Norwood

Postcode	Street	Area	Average	No. of Sales
SE25 4TZ	Sunny Bank	London	£117,727	11
SE25 5FL	Dickensons Place	London	£137,083	3
SE25 5JQ	Shinners Close	London	£163,000	3
SE25 5HN	Coe Avenue	London	£174,000	3
SE25 6EA	High Street	London	£180,666	3
SE25 6LH	Selhurst Road	London	£184,333	3
SE25 6EB	High Street	London	£184,600	5
SE25 6AA	South Norwood Hill	London	£201,666	3
SE25 5BJ	Howard Road	London	£204,343	5
SE25 5LX	Carmichael Road	London	£216,083	3