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House Prices in SE28

The average house price in SE28 (London) is £272,937 using HM Land Registry data.

The average property price increased by £76,296 (11.15%) over the last 5 years and increased by £15,287 (1.87%) over the last 12 months.

Over the last year, there were 126 residential property sales – a decrease of 17 transactions (-13.49%) relative to the previous year. The majority of house sales (36) were in the £318,000 - £362,000 range. Then came properties in the £230,000 - £274,000 range, where 18 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 171 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,384 (-2%).

In March 2025, there were 93 new estate agency instructions, 25 agreed home sales and 14 property price reductions.

5-Year Average Property Prices in SE28 (London)

11.15%

Property prices in SE28 (London) increased by 11.15% 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 SE28 (London) Over the Last Year

1.87%

Property prices in SE28 (London) increased by 1.87% 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 SE28 (London) - March 2025

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 SE28 (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 SE28 (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 SE28 (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 SE28 (London) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the SE28 postcode area since 1995.

Recent Sales in SE28 (London)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
9 Mallard Path, London, Greater London, SE28 0EU	£325,000	£307,000	-£18,000	19 Nov 2024	10 Feb 2025	83 Days
47 Erebus Drive, London, Greater London, SE28 0GB	£299,995	£295,000	-£4,995	23 Sep 2024	04 Feb 2025	134 Days
43 Passfield Path, London, Greater London, SE28 8BT	£365,000	£355,000	-£10,000	25 Sep 2023	30 Jan 2025	493 Days
97 Tideslea Path, London, Greater London, SE28 0LZ	£279,995	£270,000	-£9,995	31 Jul 2024	28 Jan 2025	181 Days
189 Newmarsh Road, London, Greater London, SE28 8TB	£375,000	£360,000	-£15,000	23 Aug 2023	21 Jan 2025	517 Days
15 Warrior Close, London, Greater London, SE28 0NL	£260,000	£260,000	£0	07 May 2024	20 Jan 2025	258 Days
10 Senator Walk, London, Greater London, SE28 0EH	£375,000	£375,000	£0	01 Nov 2024	16 Jan 2025	76 Days
Flat 39, Hill House, Defence Close, London, Greater London, SE28 0NQ	£280,000	£265,000	-£15,000	05 Oct 2023	13 Jan 2025	466 Days
71 Birchdene Drive, London, Greater London, SE28 8RN	£370,000	£370,000	£0	11 Mar 2024	16 Dec 2024	280 Days
173 Newmarsh Road, London, Greater London, SE28 8TB	£450,000	£450,000	£0	18 Jun 2024	13 Dec 2024	178 Days
11 Salhouse Close, London, Greater London, SE28 8LU	£250,000	£250,000	£0	04 Sep 2024	12 Dec 2024	99 Days
19 Woburn Close, London, Greater London, SE28 8QZ	£230,000	£224,000	-£6,000	17 Jul 2024	06 Dec 2024	142 Days
54 Princess Alice Way, London, Greater London, SE28 0HQ	£260,000	£258,500	-£1,500	02 May 2024	22 Nov 2024	204 Days
15 Carronade Place, London, Greater London, SE28 0EE	£600,000	£590,000	-£10,000	24 Jun 2024	22 Nov 2024	151 Days
32 Aisher Road, London, Greater London, SE28 8LH	£400,000	£400,000	£0	04 Apr 2024	06 Nov 2024	216 Days
15 Eastgate Close, London, Greater London, SE28 8PJ	£190,000	£180,000	-£10,000	27 Mar 2024	01 Nov 2024	219 Days
14 Voyagers Close, London, Greater London, SE28 8QQ	£200,000	£198,000	-£2,000	09 Jul 2024	01 Nov 2024	115 Days
25 Courtland Grove, London, Greater London, SE28 8PA	£365,000	£358,000	-£7,000	24 May 2024	18 Oct 2024	147 Days
38 Nickelby Close, London, Greater London, SE28 8LX	£370,000	£360,000	-£10,000	03 Jun 2024	15 Oct 2024	134 Days
16 Tawney Road, London, Greater London, SE28 8EE	£260,000	£260,000	£0	04 Apr 2024	08 Oct 2024	187 Days

Most Expensive Streets in SE28 (London)

Postcode	Street	Area	Average	No. of Sales
SE28 0EE	Carronade Place	London	£441,666	3
SE28 0JQ	Battery Road	London	£433,333	3
SE28 0BF	Allenby Road	London	£432,000	4
SE28 0HX	Ridge Close	London	£420,666	3
SE28 0JD	Delisle Road	London	£418,333	3
SE28 8TH	Grasshaven Way	London	£410,000	3
SE28 0FH	Pier Way	London	£407,729	24
SE28 0EN	Temple Close	London	£387,333	3
SE28 8LH	Aisher Road	London	£386,666	3
SE28 8SF	Waldstock Road	London	£384,625	8

Least Expensive Streets in SE28 (London)

Postcode	Street	Area	Average	No. of Sales
SE28 8PJ	Eastgate Close	London	£193,250	4
SE28 8SP	Paradise Path	London	£207,666	3
SE28 8EY	Manor Close	London	£212,916	6
SE28 0PA	Long Acre House, Pettacre Close	London	£213,628	7
SE28 8QZ	Woburn Close	London	£225,000	5
SE28 0NG	Charlesmere Gardens, Thames Reach	London	£231,250	6
SE28 0FR	Thames Reach	London	£235,531	4
SE28 8FX	Greenhaven Drive, Thamesmead	London	£236,500	6
SE28 8EE	Tawney Road	London	£237,500	4
SE28 0DQ	Harrier Mews	London	£238,750	4