House Prices in SE23 House Prices in SE23 (London)

The average house price in SE23 (London) is £676,846 using HM Land Registry data.

The average property price increased by £31,468 (9.74%) over the last 5 years and increased by £6,291 (1.81%) over the last 12 months.

Over the last year, there were 342 residential property sales – a decrease of 159 transactions (-46.49%) relative to the previous year. The majority of house sales (100) were in the £320,000 - £456,000 range. Then came properties in the £456,000 - £592,000 range, where 66 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 256 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-14,802 (-2%).

In Aug 2026, there were 54 new estate agency instructions, 38 agreed home sales and 33 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) - Aug 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
3 Courtrai Road, Crofton Park, London, SE23 1PL£775,000£768,500-£6,50009 Apr 202624 Jul 2026106 Days
105 Brenchley Gardens, London, SE23 3RE£850,000£815,000-£35,00013 Sep 202522 Jul 2026312 Days
145 Dartmouth Road, London, SE23 3HX£400,000£400,000£027 Feb 202609 Jul 2026132 Days
Flat 19, Salcombe House, Dartmouth Road, London, SE23 3YF£325,000£300,000-£25,00013 Nov 202503 Jul 2026232 Days
9 Buckley Close, Forest Hill, London, SE23 3EQ£685,000£680,000-£5,00029 Nov 202503 Jul 2026216 Days
35 Holmesley Road, Crofton Park, London, SE23 1PH£950,000£950,000£020 Feb 202629 Jun 2026129 Days
1 Woodfield House, Dacres Road, London, SE23 2BL£475,000£431,000-£44,00016 Oct 202526 Jun 2026253 Days
13 Levendale Road, London, SE23 2TP£700,000£700,000£007 Jan 202608 Jun 2026152 Days
2 Devon House, Devonshire Road, London, SE23 3TA£415,000£415,000£007 Jan 202604 Jun 2026148 Days
121 Perry Rise, London, SE23 2QU£500,000£500,000£017 Feb 202603 Jun 2026106 Days
12 Haredon Close, London, SE23 3TG£775,000£775,000£014 Aug 202503 Jun 2026293 Days
20 Paxton Road, London, SE23 2QG£260,000£255,000-£5,00020 Sep 202501 Jun 2026254 Days
Flat 1, 176 Devon House, Devonshire Road, London, SE23 3TA£425,000£420,000-£5,00004 Nov 202529 May 2026206 Days
Flat 4, 178 180 Cayman Court, Devonshire Road, London, SE23 3TB£425,000£425,000£025 Feb 202628 May 202692 Days
Flat K, 2a St James Court, Elsinore Road, London, SE23 2SJ£350,000£345,000-£5,00030 Oct 202528 May 2026210 Days
34a, Ballina Street, Crofton Park, London, SE23 1DR£425,000£425,000£015 Jan 202628 May 2026133 Days
76 Perry Rise, London, SE23 2QL£750,000£730,000-£20,00030 Jun 202526 May 2026330 Days
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
54 Gabriel Street, Crofton Park, London, SE23 1DP£975,000£975,000£028 Aug 202515 May 2026260 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 3RLBenson RoadLondon£1,224,1666
SE23 3AWCanonbie RoadLondon£1,215,3333
SE23 3BWLiphook CrescentLondon£1,169,0005
SE23 3AQCanonbie RoadLondon£1,163,7504
SE23 2XHMayow RoadLondon£1,154,3333
SE23 2RQAllenby RoadLondon£1,117,5256

Least Expensive Streets in SE23 (London)

PostcodeStreetAreaAverageNo. of Sales
SE23 2QGPaxton RoadLondon£257,82114
SE23 2QHPaxton RoadLondon£261,31811
SE23 1JGBrockley Rise, Crofton ParkLondon£270,6663
SE23 3LYDrakes Court, Devonshire RoadLondon£272,3333
SE23 3TSHamlet House, London RoadLondon£274,0003
SE23 2LDPerry Vale, Forest HillLondon£275,0003
SE23 2PBIan Court, Dacres RoadLondon£286,1663
SE23 1RTPark RiseLondon£288,1119
SE23 1AGMalham Road, Forest HillLondon£288,3333
SE23 2PLCheney Court, Waldram Park RoadLondon£294,1005

Explore SE23 (London) using map

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