Bexleyheath House Prices Bexleyheath House Prices

The average house price in Bexleyheath is £451,175 using HM Land Registry data.

The average property price increased by £97,934 (26.03%) over the last 5 years and increased by £19,573 (4.31%) over the last 12 months.

Over the last year, there were 318 residential property sales – a decrease of 126 transactions (-39.62%) relative to the previous year. The majority of house sales (83) were in the £414,000 - £496,000 range. Then came properties in the £496,000 - £578,000 range, where 62 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 66 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-14,020 (-2%).

In April 2024, there were 64 new estate agency instructions, 45 agreed home sales and 40 property price reductions.

5-Year Average Property Prices in Bexleyheath

26.03%

Property prices in Bexleyheath increased by 26.03% 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 Bexleyheath Over the Last Year

4.31%

Property prices in Bexleyheath increased by 4.31% 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 Bexleyheath - April 2024

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 Bexleyheath

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 Bexleyheath

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 Bexleyheath

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 Bexleyheath since 1995

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

Recent Property Sales in Bexleyheath

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
47 Hudson Road, Bexleyheath, Greater London, DA7 4PQ£315,000£315,000£0006 Dec 202304 Mar 202489 Days
43 Braemar Avenue, Bexleyheath, Greater London, DA7 6AS£260,000£260,000£0031 Oct 202319 Feb 2024111 Days
34 Lavernock Road, Bexleyheath, Greater London, DA7 5AJ£350,000£350,000£0016 Oct 202312 Feb 2024119 Days
8 Ditton Road, Bexleyheath, Greater London, DA6 8JL£475,000£470,000-£5,00004 Aug 202329 Jan 2024178 Days
87 Bedonwell Road, Bexleyheath, Greater London, DA7 5PS£425,000£399,000-£26,00013 Dec 202329 Jan 202447 Days
6 Mount Road, Bexleyheath, Greater London, DA6 8JW£475,000£465,000-£10,00006 Apr 202315 Jan 2024284 Days
18 Albury Avenue, Bexleyheath, Greater London, DA7 4SJ£600,000£577,500-£22,50018 Apr 202312 Jan 2024269 Days
155 Erith Road, Bexleyheath, Greater London, DA7 6HX£525,000£520,000-£5,00027 Jul 202304 Jan 2024161 Days
201 Brampton Road, Bexleyheath, Greater London, DA7 4SR£550,000£525,000-£25,00026 Jun 202318 Dec 2023175 Days
40 Danson Road, Bexleyheath, Greater London, DA6 8HB£1,150,000£1,105,000-£45,00025 Dec 202217 Dec 2023357 Days
18 Timothy Close, Bexleyheath, Greater London, DA6 8JB£385,000£370,000-£15,00025 Sep 202315 Dec 202381 Days
179 Upton Road, Bexleyheath, Greater London, DA6 8LY£850,000£850,000£0031 May 202315 Dec 2023198 Days
9 Mera Drive, Bexleyheath, Greater London, DA7 4JN£290,000£280,000-£10,00001 Jun 202315 Dec 2023197 Days
17 Glengall Road, Bexleyheath, Greater London, DA7 4AL£425,000£416,000-£9,00013 Dec 202315 Dec 20232 Days
38 Oakhouse Road, Bexleyheath, Greater London, DA6 7NA£600,000£550,000-£50,00018 Jul 202308 Dec 2023143 Days
66 Hansol Road, Bexleyheath, Greater London, DA6 8JG£485,000£481,000-£4,00023 May 202329 Nov 2023190 Days
77 Talehangers Close, Bexleyheath, Greater London, DA6 8AE£280,000£280,000£0027 Jan 202328 Nov 2023305 Days
32 Hudson Road, Bexleyheath, Greater London, DA7 4PQ£360,000£335,000-£25,00006 Jun 202324 Nov 2023171 Days
32 Park Grove, Bexleyheath, Greater London, DA7 6AA£600,000£600,000£0002 Aug 202321 Nov 2023111 Days
1 Abbey Road, Bexleyheath, Greater London, DA7 4BD£300,000£300,000£0017 Jul 202317 Nov 2023123 Days

Most Expensive Streets in Bexleyheath

PostcodeStreetAreaAverageNo. of Sales
DA6 8HPDanson RoadBexleyheath£1,086,6663
DA6 8HADanson RoadBexleyheath£1,008,3333
DA6 8HBDanson RoadBexleyheath£932,8754
DA6 8HNBean RoadBexleyheath£906,7504
DA6 8LUFairwayBexleyheath£855,0004
DA7 5DHThe GreenBexleyheath£803,3333
DA6 8LXUpton RoadBexleyheath£770,6663
DA6 8HDThe GroveBexleyheath£765,8333
DA6 8HENorth CloseBexleyheath£738,6005
DA6 8LYUpton RoadBexleyheath£699,3336

Least Expensive Streets in Bexleyheath

PostcodeStreetAreaAverageNo. of Sales
DA7 6FFSovereign CourtSterling Road£134,6505
DA6 7ASClock Tower CourtRoyal Oak Road£148,12012
DA7 6DJMayplace Road EastBexleyheath£149,50016
DA7 4JGTower RoadBexleyheath£207,6663
DA6 7AHMethuen RoadBexleyheath£218,3333
DA6 7ERBroadwayBexleyheath£225,0003
DA6 7LAPincott RoadBexleyheath£225,33324
DA6 7NTCarey CourtGravel Hill Close£231,50012
DA7 4HJEast StreetBexleyheath£233,11118
DA6 7PHGrovebury CourtBroomfield Road£241,0963

Explore Bexleyheath and Neighbouring Area House Prices