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House Prices in DA18

The average house price in DA18 (Erith) is £0 using HM Land Registry data.

The average property price decreased by £3,088 (-13.85%) over the last 5 years and decreased by £618 (-2.28%) over the last 12 months.

Over the last year, there were 3 residential property sales – a decrease of 15 transactions (-500.00%) relative to the previous year. The majority of house sales (1) were in the £180,000 - £214,000 range. Then came properties in the £214,000 - £248,000 range, where 1 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 213 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,475 (-2%).

In Dec 24, there were 2 new estate agency instructions, 2 agreed home sales and 1 property price reductions.

5-Year Average Property Prices in DA18 (Erith)

13.85%

Property prices in Erith increased by 13.85% 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 DA18 (Erith) Over the Last Year

2.28%

Property prices in Erith increased by 2.28% 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 DA18 (Erith) - 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 DA18 (Erith)

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 DA18 (Erith)

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 DA18 (Erith)

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 DA18 (Erith) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the DA18 postcode area since 1995.

Recent Sales in DA18 (Erith)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
84 Mangold Way, Erith, Greater London, DA18 4DF	£350,000	£340,000	-£10,000	18 Sep 2023	08 Nov 2024	417 Days
65 Parkway, Erith, Greater London, DA18 4HQ	£325,000	£312,000	-£13,000	10 Feb 2024	05 Jul 2024	146 Days
74 Parkway, Erith, Greater London, DA18 4HH	£360,000	£350,000	-£10,000	15 May 2023	13 Oct 2023	151 Days
3 Mangold Way, Erith, Greater London, DA18 4DA	£250,000	£230,000	-£20,000	11 Jul 2022	02 Jun 2023	326 Days
64 Glimpsing Green, Erith, Greater London, DA18 4HD	£189,950	£185,000	-£4,950	18 Oct 2022	05 Apr 2023	169 Days
163 Holstein Way, Erith, Greater London, DA18 4DH	£270,000	£270,000	£00	14 Sep 2022	13 Feb 2023	152 Days
74 Mangold Way, Erith, Greater London, DA18 4DE	£340,000	£335,000	-£5,000	17 Nov 2021	06 Jan 2023	415 Days
47 Leatherbottle Green, Erith, Greater London, DA18 4HS	£389,995	£386,000	-£3,995	18 Feb 2022	13 Jul 2022	145 Days
93 Glimpsing Green, Erith, Greater London, DA18 4HB	£220,000	£220,000	£00	22 Feb 2022	30 May 2022	97 Days
60 Glimpsing Green, Erith, Greater London, DA18 4HD	£200,000	£200,000	£00	16 Jun 2021	28 Mar 2022	285 Days
43 Holstein Way, Erith, Greater London, DA18 4DQ	£239,995	£235,000	-£4,995	20 May 2021	10 Sep 2021	113 Days
143 Parkway, Erith, Greater London, DA18 4HQ	£189,995	£189,995	£00	23 Dec 2020	28 Jun 2021	187 Days
14 St Brides Close, Erith, Greater London, DA18 4DT	£350,000	£350,000	£00	26 Jun 2020	18 Mar 2021	265 Days
149 Parkway, Erith, Greater London, DA18 4HQ	£350,000	£340,000	-£10,000	15 Aug 2020	17 Mar 2021	214 Days
61 Aspen Green, Erith, Greater London, DA18 4HU	£325,000	£325,000	£00	18 Mar 2020	03 Mar 2021	350 Days
24 St Edmunds Close, Erith, Greater London, DA18 4DU	£350,000	£350,000	£00	05 Oct 2020	27 Jan 2021	114 Days
36 Mangold Way, Erith, Greater London, DA18 4DE	£210,000	£195,000	-£15,000	10 Jul 2020	22 Dec 2020	165 Days
17 Northwood Place, Erith, Greater London, DA18 4HN	£335,000	£320,000	-£15,000	22 Jan 2020	09 Jul 2020	169 Days
43 Leatherbottle Green, Erith, Greater London, DA18 4HS	£350,000	£345,000	-£5,000	14 Oct 2019	22 Jun 2020	252 Days
47 Holstein Way, Erith, Greater London, DA18 4DQ	£230,000	£230,000	£00	16 Dec 2019	22 May 2020	158 Days

Most Expensive Streets in DA18 (Erith)

Postcode	Street	Area	Average	No. of Sales
DA18 4DZ	St Martins Close	Erith	£337,750	4
DA18 4DZ	St Martins Close	Erith	£337,750	4
DA18 4HG	Parkway	Erith	£313,833	3
DA18 4HG	Parkway	Erith	£313,833	3
DA18 4HD	Glimpsing Green	Erith	£299,071	7
DA18 4HD	Glimpsing Green	Erith	£299,071	7
DA18 4HS	Leatherbottle Green	Erith	£278,500	4
DA18 4HS	Leatherbottle Green	Erith	£278,500	4
DA18 4BX	Redpoll Way	Erith	£260,000	3
DA18 4BX	Redpoll Way	Erith	£260,000	3

Least Expensive Streets in DA18 (Erith)

Postcode	Street	Area	Average	No. of Sales
DA18 4HA	Glimpsing Green	Erith	£200,250	4
DA18 4HA	Glimpsing Green	Erith	£200,250	4
DA18 4DQ	Holstein Way	Erith	£237,666	3
DA18 4DQ	Holstein Way	Erith	£237,666	3
DA18 4BX	Redpoll Way	Erith	£260,000	3
DA18 4BX	Redpoll Way	Erith	£260,000	3
DA18 4HS	Leatherbottle Green	Erith	£278,500	4
DA18 4HS	Leatherbottle Green	Erith	£278,500	4
DA18 4HD	Glimpsing Green	Erith	£299,071	7
DA18 4HD	Glimpsing Green	Erith	£299,071	7