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House Prices in SE23

The average house price in SE23 (London) is £806,666 using HM Land Registry data.

The average property price increased by £53,647 (9.74%) over the last 5 years and increased by £10,724 (1.81%) over the last 12 months.

Over the last year, there were 298 residential property sales – a decrease of 219 transactions (-73.49%) relative to the previous year. The majority of house sales (85) were in the £310,000 - £444,000 range. Then came properties in the £444,000 - £578,000 range, where 63 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 72 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-16,099 (-2%).

In Apr 2026, there were 88 new estate agency instructions, 50 agreed home sales and 47 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.

Property Market Heat Gauge for SE23 (London) - Apr 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 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer 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)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
22 Agnew Road, Crofton Park, London, SE23 1DJ	£1,200,000	£1,170,000	-£30,000	08 Jan 2026	12 Feb 2026	35 Days
7 Park Rise, London, SE23 1RT	£300,000	£295,000	-£5,000	01 May 2025	05 Feb 2026	280 Days
12 22 Blythe Hill Place, Brockley Park, London, SE23 1PW	£500,000	£500,000	£0	18 Sep 2025	20 Jan 2026	124 Days
48 Woolstone Road, London, SE23 2SG	£1,000,000	£993,750	-£6,250	27 Jun 2025	16 Jan 2026	203 Days
Flat 5, 2 Cabrini House, Honor Oak Rise, London, SE23 3QY	£399,000	£385,000	-£14,000	05 Feb 2025	12 Jan 2026	341 Days
30 Hawkesfield Road, London, SE23 2TL	£725,000	£690,000	-£35,000	18 Sep 2025	12 Jan 2026	116 Days
30 Honor Oak Road, London, SE23 3SB	£900,000	£890,000	-£10,000	01 Sep 2025	08 Jan 2026	129 Days
19 Buckley Close, Forest Hill, London, SE23 3EQ	£750,000	£740,000	-£10,000	04 Sep 2025	06 Jan 2026	124 Days
4 Noel Terrace, London, SE23 3JJ	£585,000	£585,000	£0	10 Mar 2025	19 Dec 2025	284 Days
39 Whatman Road, Crofton Park, London, SE23 1EY	£800,000	£760,000	-£40,000	12 May 2025	10 Dec 2025	212 Days
Flat 3, 49, David's Road, London, SE23 3EP	£295,000	£295,000	£0	11 Aug 2025	04 Dec 2025	115 Days
79 Stillness Road, London, SE23 1NG	£950,000	£930,000	-£20,000	17 May 2025	24 Nov 2025	191 Days
2 Ashton Heights, Horniman Drive, London, SE23 3BS	£400,000	£385,000	-£15,000	28 Apr 2025	24 Nov 2025	210 Days
45a, Wood Vale, London, SE23 3DS	£600,000	£575,000	-£25,000	30 Jun 2025	14 Nov 2025	137 Days
65 Kilmorie Road, London, SE23 2SS	£500,000	£485,000	-£15,000	24 Mar 2025	14 Nov 2025	235 Days
Flat 5, 33, Ewelme Road, London, SE23 3BQ	£325,000	£310,000	-£15,000	16 May 2025	14 Nov 2025	182 Days
Flat, 42, St Germans Road, London, SE23 1RJ	£449,950	£440,000	-£9,950	24 Jun 2025	07 Nov 2025	136 Days
29 Codrington Hill, London, SE23 1LR	£425,000	£423,000	-£2,000	24 Sep 2025	06 Nov 2025	43 Days
16b, Honor Oak Rise, London, SE23 3QY	£1,500,000	£1,500,000	£0	01 May 2025	24 Oct 2025	176 Days
63a, Elsinore Road, London, SE23 2SH	£650,000	£625,000	-£25,000	28 Apr 2025	23 Oct 2025	178 Days

Most Expensive Streets in SE23 (London)

Postcode	Street	Area	Average	No. of Sales
SE23 3ED	Wood Vale	London	£1,730,875	8
SE23 3DT	Wood Vale	London	£1,497,350	8
SE23 3SH	Honor Oak Road	London	£1,487,500	4
SE23 3BN	Liphook Crescent	London	£1,260,666	3
SE23 3AG	Canonbie Road	London	£1,225,312	8
SE23 3QG	Westwood Park	London	£1,175,000	4
SE23 3RL	Benson Road	London	£1,174,000	5
SE23 3BW	Liphook Crescent	London	£1,169,000	5
SE23 3AQ	Canonbie Road	London	£1,163,750	4
SE23 2XH	Mayow Road	London	£1,153,250	4

Least Expensive Streets in SE23 (London)

Postcode	Street	Area	Average	No. of Sales
SE23 3EH	Fairway House, Clyde Terrace	London	£156,000	3
SE23 2XB	Standlake Point, Windrush Lane	London	£197,883	3
SE23 2QG	Paxton Road	London	£258,714	14
SE23 1GA	Caldecourt Place, Wastdale Road	London	£260,666	3
SE23 2QH	Paxton Road	London	£261,318	11
SE23 1JG	Brockley Rise, Crofton Park	London	£270,666	3
SE23 3LY	Drakes Court, Devonshire Road	London	£272,333	3
SE23 2LD	Perry Vale, Forest Hill	London	£275,000	3
SE23 1RT	Park Rise	London	£285,375	8
SE23 2PL	Cheney Court, Waldram Park Road	London	£286,083	6