Elephant & Castle House Prices Elephant & Castle House Prices

The average house price in Elephant & Castle is £0 using HM Land Registry data.

The average property price decreased by £67,704 (--9.27%) over the last 5 years and decreased by £13,532 (--2%) over the last 12 months.

Over the last year, there were 62 residential property sales – an increase of 6 transactions (9.68%) relative to the previous year. The majority of house sales (25) were in the £340,000 - £542,000 range. Then came properties in the £542,000 - £744,000 range, where 12 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 22 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-27,717 (-2%).

In April 2024, there were 16 new estate agency instructions, 7 agreed home sales and 10 property price reductions.

5-Year Average Property Prices in Elephant & Castle

-9.27%

Property prices in Elephant & Castle decreased by -9.27% 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 Elephant & Castle Over the Last Year

-2%

Property prices in Elephant & Castle decreased by -2% 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 Elephant & Castle - 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 Elephant & Castle

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 Elephant & Castle

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 Elephant & Castle

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 Elephant & Castle since 1995

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

Recent Property Sales in Elephant & Castle

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
175b, Brook Drive, London, Greater London, SE11 4TG£610,000£610,000£0028 Sep 202312 Jan 2024106 Days
Flat 18, Jurston Court, Gerridge Street, London, Greater London, SE1 7QH£450,000£408,500-£41,50013 Jun 202317 Nov 2023157 Days
Flat 28, Bazeley House, Library Street, London, Greater London, SE1 0RN£550,000£542,000-£8,00006 Jun 202310 Nov 2023157 Days
46 West Square, London, Greater London, SE11 4SP£1,500,000£1,410,000-£90,00010 May 202312 Oct 2023155 Days
Flat 38, Newman House, St Georges Road, London, Greater London, SE1 6HE£549,950£535,000-£14,95017 Mar 202306 Oct 2023203 Days
3 Orient Street, London, Greater London, SE11 4SR£1,375,000£1,375,000£0015 May 202329 Sep 2023137 Days
Flat 9, Mawdley House, Webber Row, London, Greater London, SE1 8XQ£625,000£625,000£0010 Feb 202318 Aug 2023189 Days
5 Gladstone Street, London, Greater London, SE1 6EY£1,350,000£1,350,000£0010 Mar 202315 Aug 2023158 Days
165b, Brook Drive, London, Greater London, SE11 4TG£600,000£577,000-£23,00011 Apr 202308 Aug 2023119 Days
Flat 46, Perronet House, Princess Street, London, Greater London, SE1 6JS£500,000£490,000-£10,00018 Feb 202303 Aug 2023166 Days
Flat 15, Amigo House, Morley Street, London, Greater London, SE1 7QE£525,000£512,500-£12,50008 Nov 202216 Mar 2023128 Days
8 Gladstone Street, London, Greater London, SE1 6EY£1,300,000£1,290,000-£10,00002 Aug 202221 Dec 2022141 Days
Flat 8, Tadworth House, Webber Street, London, Greater London, SE1 0RH£475,000£472,500-£2,50007 Jul 202115 Jul 2022373 Days
Flat 25, Markstone House, Lancaster Street, London, Greater London, SE1 0RL£475,000£457,000-£18,00011 Mar 202215 Jun 202296 Days
Flat 22, Gerridge Court, Gerridge Street, London, Greater London, SE1 7QF£525,000£525,000£0007 Feb 202231 May 2022113 Days
81 St Georges Road, London, Greater London, SE1 6ER£1,500,000£1,425,000-£75,00012 Jan 202211 Apr 202289 Days
143a, Brook Drive, London, Greater London, SE11 4TQ£665,000£650,000-£15,00022 May 202130 Mar 2022312 Days
Flat 9, Guthrie Court, Morley Street, London, Greater London, SE1 7QQ£390,000£380,000-£10,00020 Sep 202104 Feb 2022137 Days
32 Cooper Close, London, Greater London, SE1 7QU£375,000£369,000-£6,00013 Jul 202117 Dec 2021157 Days
Flat 17, Laurie House, Gaywood Street, London, Greater London, SE1 6HQ£525,000£517,500-£7,50005 Aug 202117 Dec 2021134 Days

Most Expensive Streets in Elephant & Castle

PostcodeStreetAreaAverageNo. of Sales
SE1 7PSBarkham TerraceLondon£1,579,0003
SE11 4SPWest SquareLondon£1,516,2504
SE1 6ERSt Georges RoadLondon£1,463,0005
SE1 6EYGladstone StreetLondon£1,295,6008
SE11 4SROrient StreetLondon£1,192,8333
SE1 6FFSt Gabriel WalkLondon£1,037,5004
SE1 6EZColnbrook StreetLondon£952,5008
SE1 8BZBlackfriars RoadLondon£932,7224
SE1 8EHSt Georges CircusLondon£856,2504
SE1 6FPSouthwark Bridge RoadLondon£836,8336

Least Expensive Streets in Elephant & Castle

PostcodeStreetAreaAverageNo. of Sales
SE1 0AJBorough RoadLondon£304,1663
SE1 6FJSouthwark Bridge RoadLondon£331,20015
SE11 4FEChurchyard RowLondon£365,13111
SE1 6EPSt Georges RoadLondon£394,3506
SE1 0FHMuro CourtMilcote Street, London£399,1663
SE1 0RYLancaster StreetLondon£411,3754
SE1 7QUCooper CloseLondon£416,6663
SE1 6HDSt. Georges CourtGarden Row£417,2005
SE1 7QLDodson StreetLondon£426,3333
SE1 6JSPerronet HousePrincess Street, London£455,0003

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