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House Prices in SE28

The average house price in SE28 (London) is £408,700 using HM Land Registry data.

The average property price increased by £71,973 (23.15%) over the last 5 years and increased by £14,389 (3.9%) over the last 12 months.

Over the last year, there were 152 residential property sales – a decrease of 117 transactions (-76.97%) relative to the previous year. The majority of house sales (38) were in the £360,000 - £410,000 range. Then came properties in the £310,000 - £360,000 range, where 32 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 57 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-12,061 (-3%).

In Jun 2026, there were 31 new estate agency instructions, 18 agreed home sales and 17 property price reductions.

5-Year Average Property Prices in SE28 (London)

23.15%

Property prices in SE28 (London) increased by 23.15% 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

3.9%

Property prices in SE28 (London) increased by 3.9% 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) - Jun 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 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in 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 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
132 Greenhaven Drive, London, SE28 8FT	£425,000	£420,000	-£5,000	07 Oct 2025	20 Apr 2026	195 Days
54 Allenby Road, London, SE28 0BN	£575,000	£565,000	-£10,000	28 Mar 2026	31 Mar 2026	3 Days
20 Tideslea Path, London, SE28 0LX	£288,995	£283,000	-£5,995	15 Sep 2025	23 Mar 2026	189 Days
Flat 57, Tideslea Tower, Erebus Drive, London, SE28 0GF	£350,000	£330,000	-£20,000	09 Jun 2025	19 Mar 2026	283 Days
156 Greenhaven Drive, London, SE28 8FU	£475,000	£465,000	-£10,000	06 Jun 2025	12 Mar 2026	279 Days
44 Cole Close, London, SE28 8AU	£390,000	£385,000	-£5,000	04 Nov 2025	09 Mar 2026	125 Days
18 Whernside Close, London, SE28 8HB	£375,000	£375,000	£0	22 Apr 2025	06 Mar 2026	318 Days
39 Sark Tower, Erebus Drive, London, SE28 0GG	£315,000	£290,000	-£25,000	19 May 2025	02 Mar 2026	287 Days
10 Paradise Path, London, SE28 8SP	£255,000	£255,000	£0	31 Jul 2025	27 Feb 2026	211 Days
19 Fairway Drive, London, SE28 8QT	£200,000	£200,000	£0	25 Jun 2025	23 Feb 2026	243 Days
45 Foxglove Path, London, SE28 0LR	£275,000	£275,000	£0	09 Jul 2025	20 Feb 2026	226 Days
9 High Tor View, London, SE28 0LN	£475,000	£455,000	-£20,000	24 Jul 2025	20 Feb 2026	211 Days
139 Greenhaven Drive, London, SE28 8FT	£465,000	£450,000	-£15,000	05 Aug 2025	18 Feb 2026	197 Days
30 Cole Close, London, SE28 8AU	£360,000	£360,000	£0	04 Jun 2025	16 Feb 2026	257 Days
11 Goldfinch Road, London, SE28 0DE	£380,000	£375,000	-£5,000	02 Jan 2026	05 Feb 2026	34 Days
14 Merbury Road, London, SE28 0HR	£475,000	£465,000	-£10,000	05 Jan 2026	05 Feb 2026	31 Days
Flat 17, Long Acre House, Pettacre Close, London, SE28 0PA	£300,000	£287,500	-£12,500	02 May 2025	26 Jan 2026	269 Days
7 Erebus Drive, London, SE28 0GB	£285,000	£285,000	£0	09 May 2025	09 Jan 2026	245 Days
48 Sunset Road, Thamesmead, SE28 8RS	£360,000	£360,000	£0	07 Mar 2025	09 Jan 2026	308 Days
37 Pitfield Crescent, London, SE28 8RG	£225,000	£215,000	-£10,000	26 Aug 2025	16 Dec 2025	112 Days

Most Expensive Streets in SE28 (London)

Postcode	Street	Area	Average	No. of Sales
SE28 0BF	Allenby Road	London	£487,666	3
SE28 8TH	Grasshaven Way	London	£475,000	4
SE28 0BN	Allenby Road	London	£471,666	3
SE28 8HA	Glendale Way	London	£463,333	3
SE28 0JQ	Battery Road	London	£455,000	3
SE28 8TJ	Grasshaven Way	London	£440,000	3
SE28 8PW	Pointer Close	London	£436,666	3
SE28 8FR	Greenhaven Drive	London	£421,812	8
SE28 0EE	Carronade Place	London	£416,250	4
SE28 0PL	Ryley House, Vousden Grove	London	£415,260	50

Least Expensive Streets in SE28 (London)

Postcode	Street	Area	Average	No. of Sales
SE28 8PJ	Eastgate Close	London	£179,560	5
SE28 8QT	Fairway Drive	London	£205,000	4
SE28 8EY	Manor Close	London	£226,375	4
SE28 0PA	Long Acre House, Pettacre Close	London	£230,611	9
SE28 0DQ	Harrier Mews	London	£232,416	6
SE28 8HD	Howden Close	London	£233,000	5
SE28 0NG	Charlesmere Gardens, Thames Reach	London	£238,928	7
SE28 8QZ	Woburn Close	London	£247,333	3
SE28 8NG	Haldane Road	London	£251,666	3
SE28 8DH	Titmuss Avenue	London	£253,875	4