House Prices in SE23 House Prices in SE23 (London)

The average house price in SE23 (London) is £623,687 using HM Land Registry data.

The average property price increased by £63,089 (9.74%) over the last 5 years and increased by £12,612 (1.81%) over the last 12 months.

Over the last year, there were 334 residential property sales – a decrease of 161 transactions (-48.20%) relative to the previous year. The majority of house sales (98) were in the £320,000 - £452,000 range. Then came properties in the £452,000 - £584,000 range, where 63 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 100 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-14,176 (-2%).

In Jul 2026, there were 73 new estate agency instructions, 57 agreed home sales and 59 property price reductions.

5-Year Average Property Prices in SE23 (London)

9.74%

Property prices in SE23 (London) increased by 9.74% 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 SE23 (London) Over the Last Year

1.81%

Property prices in SE23 (London) increased by 1.81% 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 SE23 (London) - Jul 2026

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 SE23 (London)

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 SE23 (London)

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 SE23 (London)

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 SE23 (London) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the SE23 postcode area since 1995.

Recent Sales in SE23 (London)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
17 Lescombe Close, London, SE23 2RR£650,000£625,000-£25,00004 Nov 202518 May 2026195 Days
6 Canonbie Road, London, SE23 3AP£1,100,000£1,100,000£005 Feb 202615 May 202699 Days
144 Perry Rise, London, SE23 2QP£525,000£500,000-£25,00027 Oct 202512 May 2026197 Days
5 Roundhay Close, London, SE23 2NP£600,000£600,000£008 Jan 202608 May 2026120 Days
77 Stillness Road, London, SE23 1NG£950,000£935,000-£15,00016 Sep 202501 May 2026227 Days
90a, Hurstbourne Road, London, SE23 2AQ£575,000£553,500-£21,50020 Jan 202622 Apr 202692 Days
Flat 17, 21, Boveney Road, London, SE23 3NP£275,000£270,000-£5,00006 Nov 202520 Apr 2026165 Days
47 Carholme Road, London, SE23 2HT£1,000,000£975,000-£25,00023 Sep 202513 Apr 2026202 Days
213b, Devonshire Road, London, SE23 3NJ£400,000£392,000-£8,00019 Sep 202510 Apr 2026203 Days
Flat 7, Glynwood Court, Dartmouth Road, London, SE23 3HU£425,000£425,000£008 Nov 202510 Apr 2026153 Days
56 Horniman Drive, London, SE23 3BU£725,000£722,500-£2,50028 Aug 202510 Apr 2026225 Days
16 Stanstead Road, London, SE23 1BW£625,000£600,000-£25,00026 Aug 202508 Apr 2026225 Days
4b, Stillness Road, London, SE23 1NQ£595,000£595,000£008 Oct 202502 Apr 2026176 Days
145a, Devonshire Road, London, SE23 3LZ£675,000£670,000-£5,00007 Oct 202501 Apr 2026176 Days
40 Westwood Park, London, SE23 3QH£975,000£963,500-£11,50019 Sep 202531 Mar 2026193 Days
6 Glengall Court, Codrington Hill, London, SE23 1NE£425,000£417,000-£8,00023 Jun 202527 Mar 2026277 Days
Flat 1, 2 Cabrini House, Honor Oak Rise, London, SE23 3QY£425,000£422,500-£2,50012 Aug 202523 Mar 2026223 Days
12 155 Lewisham Heights, Honor Oak Road, London, SE23 3RW£465,000£460,000-£5,00007 Jan 202623 Mar 202675 Days
130a, Devonshire Road, London, SE23 3SZ£650,000£650,000£022 Aug 202516 Mar 2026206 Days
137a, Dartmouth Road, London, SE23 3HX£375,000£370,000-£5,00007 Jan 202610 Mar 202662 Days

Most Expensive Streets in SE23 (London)

PostcodeStreetAreaAverageNo. of Sales
SE23 3EDWood ValeLondon£1,730,8758
SE23 3DTWood ValeLondon£1,591,9717
SE23 3SHHonor Oak RoadLondon£1,487,5004
SE23 3AGCanonbie RoadLondon£1,225,3128
SE23 3AWCanonbie RoadLondon£1,215,3333
SE23 3QGWestwood ParkLondon£1,175,0004
SE23 3RLBenson RoadLondon£1,174,0005
SE23 3BWLiphook CrescentLondon£1,169,0005
SE23 3AQCanonbie RoadLondon£1,163,7504
SE23 2XHMayow RoadLondon£1,154,3333

Least Expensive Streets in SE23 (London)

PostcodeStreetAreaAverageNo. of Sales
SE23 2QGPaxton RoadLondon£258,03813
SE23 1GACaldecourt Place, Wastdale RoadLondon£260,6663
SE23 2QHPaxton RoadLondon£261,31811
SE23 1JGBrockley Rise, Crofton ParkLondon£270,6663
SE23 3LYDrakes Court, Devonshire RoadLondon£272,3333
SE23 2LDPerry Vale, Forest HillLondon£275,0003
SE23 1RTPark RiseLondon£285,3758
SE23 2PBIan Court, Dacres RoadLondon£286,1663
SE23 1AGMalham Road, Forest HillLondon£288,3333
SE23 2PLCheney Court, Waldram Park RoadLondon£294,1005

Explore SE23 (London) using map

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