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Blackheath House Prices Blackheath House Prices

The average house price in Blackheath is £180,928 using HM Land Registry data.

The average property price increased by £74,279 (54.86%) over the last 5 years and increased by £14,846 (7.62%) over the last 12 months.

Over the last year, there were 57 residential property sales – a decrease of 36 transactions (-63.16%) relative to the previous year. The majority of house sales (18) were in the £152,000 - £184,000 range. Then came properties in the £184,000 - £216,000 range, where 13 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 39 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-6,823 (-3%).

In April 2024, there were 10 new estate agency instructions, 8 agreed home sales and 3 property price reductions.

Neighbouring Areas: Lewisham, Kidbrooke, Greenwich, Charlton

Postcodes Covered: SE10, SE12, SE13, SE3

5-Year Average Property Prices in Blackheath

54.86%

Property prices in Blackheath increased by 54.86% 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 Blackheath Over the Last Year

7.62%

Property prices in Blackheath increased by 7.62% 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 Blackheath - 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 21 to 40 days, the broad evidence suggests that properties are selling reasonably quickly after being initially advertised and the market is reasonably healthy. If you are prepared to wait to up to 6 weeks, and you are sure that your property is priced realistically, you should get an offer within this timeframe.

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 Blackheath

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 Blackheath

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 Blackheath

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 Blackheath since 1995

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

Recent Property Sales in Blackheath

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
138 Regis Heath Road, Rowley Regis, West Midlands, B65 0PD£250,000£240,000-£10,00029 Sep 202323 Feb 2024147 Days
37 Siviters Lane, Rowley Regis, West Midlands, B65 8DP£200,000£180,000-£20,00016 Oct 202304 Jan 202480 Days
43 Causeway, Rowley Regis, West Midlands, B65 8AA£155,000£150,000-£5,00002 Oct 202304 Jan 202494 Days
10 The Heathlands, Rowley Regis, West Midlands, B65 0DF£178,500£171,000-£7,50023 Aug 202319 Dec 2023118 Days
69 Regis Heath Road, Rowley Regis, West Midlands, B65 0PB£210,000£210,000£0007 Aug 202315 Dec 2023130 Days
99 Regis Heath Road, Rowley Regis, West Midlands, B65 0PB£215,000£208,000-£7,00020 Jul 202315 Dec 2023148 Days
15 John Street, Rowley Regis, West Midlands, B65 0EP£180,000£178,000-£2,00004 May 202311 Dec 2023221 Days
29 Peckover Close, Rowley Regis, West Midlands, B65 0AU£170,000£170,000£0025 Jul 202310 Nov 2023108 Days
24 Glaslyn Avenue, Rowley Regis, West Midlands, B65 8EG£135,000£125,000-£10,00017 Mar 202317 Oct 2023214 Days
9 The Heathlands, Rowley Regis, West Midlands, B65 0DF£170,000£170,000£0015 May 202322 Aug 202399 Days
34 Boundary Avenue, Rowley Regis, West Midlands, B65 0NY£230,000£222,000-£8,00014 Apr 202318 Aug 2023126 Days
7 Penn Road, Rowley Regis, West Midlands, B65 0PQ£300,000£280,000-£20,00001 Oct 202211 Aug 2023314 Days
26 Union Street, Rowley Regis, West Midlands, B65 0ER£120,000£120,000£0012 Jan 202304 Aug 2023204 Days
86 Habberley Road, Rowley Regis, West Midlands, B65 9QJ£165,000£159,500-£5,50004 Apr 202321 Jul 2023108 Days
45 Regis Road, Rowley Regis, West Midlands, B65 8BD£250,000£250,000£0009 Mar 202312 Jul 2023125 Days
35 Regis Heath Road, Rowley Regis, West Midlands, B65 0PA£220,000£211,000-£9,00022 Mar 202330 Jun 2023100 Days
12 Avenue Road, Rowley Regis, West Midlands, B65 0LR£210,000£195,000-£15,00031 Mar 202328 Jun 202389 Days
37 Boundary Avenue, Rowley Regis, West Midlands, B65 0NY£250,000£237,000-£13,00002 Mar 202327 Jun 2023117 Days
28 Glaslyn Avenue, Rowley Regis, West Midlands, B65 8EG£130,000£129,000-£1,00026 Dec 202222 Jun 2023178 Days
168 Powke Lane, Rowley Regis, West Midlands, B65 0AD£140,000£139,000-£1,00002 Feb 202326 May 2023113 Days

Most Expensive Streets in Blackheath

PostcodeStreetAreaAverageNo. of Sales
B65 8BJConway DriveRowley Regis£387,8754
B65 8BWRossRowley Regis£253,86311
B65 0PARegis Heath RoadRowley Regis£240,2504
B65 8DPSiviters LaneRowley Regis£228,5717
B65 0NZBoundary AvenueRowley Regis£220,1874
B65 0NYBoundary AvenueRowley Regis£218,16612
B65 8DZRossRowley Regis£216,9378
B65 8BYCarnegie RoadRowley Regis£210,20010
B65 0PDRegis Heath RoadRowley Regis£208,5006
B65 8BTDovey GroveRowley Regis£203,9647

Least Expensive Streets in Blackheath

PostcodeStreetAreaAverageNo. of Sales
B65 8AACausewayRowley Regis£108,0003
B65 0LWAqua CourtCardale Street, Rowley Regis£117,5007
B65 8BQSevern RiseRowley Regis£124,4005
B65 0NROldbury RoadRowley Regis£125,0003
B65 0RGHarrold RoadRowley Regis£125,6666
B65 9NJGreenwood AvenueRowley Regis£132,7504
B65 0ADPowke LaneRowley Regis£134,1258
B65 9QJHabberley RoadRowley Regis£141,61212
B65 9QGSummer RoadRowley Regis£143,7504
B65 9QNHabberley RoadRowley Regis£145,0004

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