You are here: Property Solvers Home Homeowners Hub London House Prices House Prices in Woolwich

Woolwich House Prices

The average house price in Woolwich is £405,276 using HM Land Registry data.

The average property price decreased by £51,625 (--10.84%) over the last 5 years and decreased by £10,344 (--2.38%) over the last 12 months.

Over the last year, there were 221 residential property sales – a decrease of 148 transactions (-66.97%) relative to the previous year. The majority of house sales (58) were in the £302,000 - £384,000 range. Then came properties in the £384,000 - £466,000 range, where 52 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 196 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-12,619 (-2%).

In Dec 24, there were 51 new estate agency instructions, 23 agreed home sales and 47 property price reductions.

5-Year Average Property Prices in Woolwich

-10.84%

Property prices in Woolwich decreased by -10.84% 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 Woolwich Over the Last Year

-2.38%

Property prices in Woolwich decreased by -2.38% 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 Woolwich - 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 Woolwich

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 Woolwich

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 Woolwich

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 Woolwich since 1995

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

Recent Property Sales in Woolwich

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
128 Burrage Road, London, Greater London, SE18 7LD	£575,000	£575,000	£00	23 Oct 2023	31 Oct 2024	374 Days
Flat 13, Building 48, Marlborough Road, London, Greater London, SE18 6RE	£475,000	£460,000	-£15,000	15 Jan 2024	24 Oct 2024	283 Days
4 Bignell Road, London, Greater London, SE18 6SB	£450,000	£415,000	-£35,000	24 Jan 2024	19 Jul 2024	177 Days
Flat 316, Building 22, Cadogan Road, London, Greater London, SE18 6YR	£590,000	£570,000	-£20,000	19 Feb 2024	12 Jul 2024	144 Days
24 Resolution Walk, London, Greater London, SE18 5QH	£490,000	£480,000	-£10,000	22 Mar 2024	01 Jul 2024	101 Days
Apartment 104, Building 50, Argyll Road, London, Greater London, SE18 6PJ	£435,000	£435,000	£00	09 Jan 2024	28 Jun 2024	171 Days
Apartment 3, Building 50, Argyll Road, London, Greater London, SE18 6PG	£425,000	£420,000	-£5,000	31 Aug 2023	14 Jun 2024	288 Days
Flat 2, Building 45, Hopton Road, London, Greater London, SE18 6TG	£300,000	£290,000	-£10,000	10 Jul 2023	23 May 2024	318 Days
Apartment 219, Building 50, Argyll Road, London, Greater London, SE18 6PL	£625,000	£610,000	-£15,000	09 Jan 2024	10 May 2024	122 Days
2 Major Draper Street, London, Greater London, SE18 6GD	£625,000	£610,000	-£15,000	29 Sep 2023	10 May 2024	224 Days
Flat 26, Carew House, Godfrey Road, Woolwich, London, Greater London, SE18 5HB	£220,000	£220,000	£00	21 Jun 2023	25 Apr 2024	309 Days
Flat 148, Building 45, Hopton Road, London, Greater London, SE18 6TL	£400,000	£375,000	-£25,000	25 Sep 2023	04 Apr 2024	192 Days
Flat C, 208, Burrage Road, London, Greater London, SE18 7JU	£250,000	£245,000	-£5,000	08 Nov 2023	01 Mar 2024	114 Days
21 Crescent Road, London, Greater London, SE18 7BL	£525,000	£505,000	-£20,000	11 Sep 2023	20 Feb 2024	162 Days
3 Marshalls Grove, London, Greater London, SE18 5HR	£400,000	£400,000	£00	14 Sep 2023	10 Jan 2024	118 Days
Flat 29, Building 45, Hopton Road, London, Greater London, SE18 6TH	£400,000	£400,000	£00	24 Jan 2022	02 Jan 2024	708 Days
201 Woodhill, London, Greater London, SE18 5HN	£625,000	£625,000	£00	23 Oct 2023	21 Dec 2023	59 Days
Flat 101, Lower Mast House, Mast Quay, London, Greater London, SE18 5NF	£350,000	£330,000	-£20,000	08 Jun 2023	20 Dec 2023	195 Days
86 Frederick Place, Plumstead, London, Greater London, SE18 7BH	£700,000	£700,000	£00	16 Jun 2023	13 Dec 2023	180 Days
Flat 21, Building 22, Cadogan Road, London, Greater London, SE18 6YS	£335,000	£325,000	-£10,000	14 Aug 2023	08 Dec 2023	116 Days

Most Expensive Streets in Woolwich

Postcode	Street	Area	Average	No. of Sales
SE18 6NQ	Deveraux House	Duke Of Wellington Avenue	£930,500	5
SE18 6PD	Norton House	Duke Of Wellington Avenue	£742,819	21
SE18 5HW	Woodhill	London	£711,666	3
SE18 6NU	Brigadier Walk	London	£695,823	64
SE18 6EY	Norton House	Duke Of Wellington Avenue	£675,418	11
SE18 6SY	Hastings Street	London	£654,777	9
SE18 6TA	Building 46	Marlborough Road	£641,250	6
SE18 5DG	Woodrow	London	£622,916	6
SE18 6GD	Major Draper Street	London	£603,333	3
SE18 6RU	Building 47	Marlborough Road	£601,324	6

Least Expensive Streets in Woolwich

Postcode	Street	Area	Average	No. of Sales
SE18 6NS	Thunderer Walk	London	£124,791	3
SE18 6JG	Calderwood Street	London	£134,937	8
SE18 5DN	Churchill Court	Rush Grove Street, London	£135,666	6
SE18 6JF	Calderwood Street	London	£162,600	5
SE18 6JH	Calderwood Street	London	£163,166	6
SE18 6GL	East Carriage House	Royal Carriage Mews	£173,916	3
SE18 6GJ	East Carriage House	Royal Carriage Mews	£178,150	10
SE18 6GN	East Carriage House	Royal Carriage Mews	£183,333	3
SE18 5NB	Church Hill	London	£207,500	4
SE18 6FW	Victory Parade	London	£210,819	18