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Deptford House Prices Deptford House Prices

The average house price in Deptford is £416,500 using HM Land Registry data.

The average property price decreased by £12,669 (--2.91%) over the last 5 years and decreased by £2,532 (--0.59%) over the last 12 months.

Over the last year, there were 126 residential property sales – a decrease of 93 transactions (-73.81%) relative to the previous year. The majority of house sales (33) were in the £312,000 - £384,000 range. Then came properties in the £384,000 - £456,000 range, where 23 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 49 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-22,221 (-3%).

In April 2024, there were 54 new estate agency instructions, 24 agreed home sales and 26 property price reductions.

Neighbouring Areas: Lewisham, New Cross, Greenwich, Surrey Keys

Postcodes Covered: SE14, SE16, SE8

5-Year Average Property Prices in Deptford

-2.91%

Property prices in Deptford decreased by -2.91% 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 Deptford Over the Last Year

-0.59%

Property prices in Deptford decreased by -0.59% 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 Deptford - 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 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 Deptford

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 Deptford

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 Deptford

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 Deptford since 1995

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

Recent Property Sales in Deptford

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
14 Foreshore, London, Greater London, SE8 3AG£430,000£426,000-£4,00019 Jan 202424 Jan 20245 Days
2 Alloa Road, London, Greater London, SE8 5AJ£750,000£710,000-£40,00011 Sep 202305 Dec 202385 Days
35 Baildon Street, London, Greater London, SE8 4BQ£350,000£350,000£0012 Jul 202324 Nov 2023135 Days
Flat 26.01, Aragon Tower, George Beard Road, London, Greater London, SE8 3AL£425,000£400,000-£25,00024 Jun 202317 Nov 2023146 Days
26 Southerngate Way, London, Greater London, SE14 6DN£625,000£585,000-£40,00022 May 202316 Nov 2023178 Days
28 Gosterwood Street, London, Greater London, SE8 5NX£675,000£620,000-£55,00019 Apr 202303 Nov 2023198 Days
Flat 90, Inwen Court, Grinstead Road, London, Greater London, SE8 5BJ£235,000£235,000£0002 May 202306 Oct 2023157 Days
18 Sterling Gardens, London, Greater London, SE14 6DZ£249,000£236,000-£13,00013 Apr 202329 Sep 2023169 Days
Flat 67, Inwen Court, Grinstead Road, London, Greater London, SE8 5BJ£260,000£240,000-£20,00020 Jul 202327 Sep 202369 Days
8 Foreshore, London, Greater London, SE8 3AG£350,000£345,000-£5,00007 Feb 202308 Sep 2023213 Days
Flat 29, Sirius House, Seafarer Way, London, Greater London, SE16 7DR£775,000£700,000-£75,00023 Jul 201525 Aug 20232955 Days
84 Sterling Gardens, London, Greater London, SE14 6DZ£375,000£361,500-£13,50003 Mar 202316 Aug 2023166 Days
Flat 62, Hazelwood House, Evelyn Street, London, Greater London, SE8 5RR£400,000£390,000-£10,00017 Mar 202314 Aug 2023150 Days
11 Kempthorne Road, London, Greater London, SE8 3QD£290,000£275,000-£15,00006 Apr 202308 Aug 2023124 Days
Flat 123, Inwen Court, Grinstead Road, London, Greater London, SE8 5BJ£250,000£248,500-£1,50022 Dec 202221 Jul 2023211 Days
13 Payne Street, London, Greater London, SE8 4LP£425,000£420,000-£5,00023 Mar 202314 Jul 2023113 Days
144 Sterling Gardens, London, Greater London, SE14 6DZ£350,000£347,500-£2,50017 Mar 202302 Jun 202377 Days
13 Redstart Close, London, Greater London, SE14 6DE£450,000£450,000£0016 Dec 202215 May 2023150 Days
44 Glenville Grove, London, Greater London, SE8 4BP£240,000£220,000-£20,00016 Jan 202309 May 2023113 Days
24 Marchant Street, London, Greater London, SE14 6HP£440,000£440,000£0011 Jan 202329 Mar 202377 Days

Most Expensive Streets in Deptford

PostcodeStreetAreaAverageNo. of Sales
SE8 4AUWatsons StreetLondon£792,2683
SE8 5ALCrooke RoadLondon£761,6663
SE8 5AEScawen RoadLondon£704,2506
SE8 3PTAlbury StreetLondon£698,3333
SE8 5AGScawen RoadLondon£684,6005
SE8 5EPOslo TowerNaomi Street, London£587,65313
SE8 3QQGrove StreetLondon£577,5647
SE8 5DPYeoman StreetLondon£571,6663
SE8 5AJAlloa RoadLondon£569,9374
SE14 6NGLudwick MewsLondon£556,2005

Least Expensive Streets in Deptford

PostcodeStreetAreaAverageNo. of Sales
SE8 5BJInwen CourtGrinstead Road£231,40010
SE8 5BBJohn Silkin LaneLondon£238,6663
SE14 6LANew Cross RoadLondon£243,3333
SE8 4RLFrankham HouseFrankham Street, London£256,1123
SE8 4BJGlenville GroveLondon£258,38413
SE8 5BNInwen CourtGrinstead Road£263,50010
SE8 4SDCastell HouseDeptford Church Street, London£270,0003
SE8 4PUHeston HouseTanners Hill£275,0003
SE8 3DRSt Pauls CourtyardLondon£282,5003
SE8 4BPGlenville GroveLondon£286,0605

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