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Elmers End House Prices Elmers End House Prices

The average house price in Elmers End is £483,392 using HM Land Registry data.

The average property price increased by £122,454 (25.71%) over the last 5 years and increased by £24,474 (4.26%) over the last 12 months.

Over the last year, there were 300 residential property sales – a decrease of 189 transactions (-63.00%) relative to the previous year. The majority of house sales (70) were in the £530,000 - £660,000 range. Then came properties in the £400,000 - £530,000 range, where 60 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 64 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-25,290 (-2%).

In April 2024, there were 72 new estate agency instructions, 43 agreed home sales and 23 property price reductions.

Neighbouring Areas: South Norwood, Beckenham, Penge, Shirley, Crystal Palace, Bromley, Eden Park

Postcodes Covered: BR3, SE20

5-Year Average Property Prices in Elmers End

25.71%

Property prices in Elmers End increased by 25.71% 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 Elmers End Over the Last Year

4.26%

Property prices in Elmers End increased by 4.26% 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 Elmers End - 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 Elmers End

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 Elmers End

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 Elmers End

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 Elmers End since 1995

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

Recent Property Sales in Elmers End

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
51 Birchwood Avenue, Beckenham, Greater London, BR3 3PY£800,000£795,000-£5,00008 Sep 202301 Mar 2024175 Days
80 Abbots Way, Beckenham, Greater London, BR3 3SF£650,000£640,000-£10,00026 Aug 202329 Feb 2024187 Days
72 Forster Road, Beckenham, Greater London, BR3 4LQ£850,000£815,000-£35,00022 Jul 202305 Feb 2024198 Days
22 Ancaster Road, Beckenham, Greater London, BR3 4DY£600,000£585,000-£15,00020 Sep 202331 Jan 2024133 Days
291 Beckenham Road, Beckenham, Greater London, BR3 4RL£1,000,000£950,000-£50,00031 Jul 202325 Jan 2024178 Days
6 Asprey Mews, Beckenham, Greater London, BR3 3DX£500,000£475,000-£25,00017 May 202322 Jan 2024250 Days
418 Blandford Road, Beckenham, Greater London, BR3 4NN£600,000£590,000-£10,00003 Aug 202319 Jan 2024169 Days
6 Embassy Gardens, Beckenham, Greater London, BR3 1HE£315,000£310,000-£5,00015 Sep 202317 Jan 2024124 Days
76 Balmoral Avenue, Beckenham, Greater London, BR3 3RF£650,000£630,000-£20,00027 Jun 202312 Jan 2024199 Days
49 Lloyds Way, Beckenham, Greater London, BR3 3QT£575,000£570,000-£5,00003 Jun 202308 Jan 2024219 Days
Flat 1, Claire Court, Kelsey Park Avenue, Beckenham, Greater London, BR3 6ND£450,000£445,000-£5,00012 Aug 202318 Dec 2023128 Days
76 Mackenzie Road, Beckenham, Greater London, BR3 4RZ£525,000£425,000-£100,00002 May 202315 Dec 2023227 Days
223 Orchard Way, Beckenham, Greater London, BR3 3EL£500,000£460,000-£40,00014 Jul 202308 Dec 2023147 Days
28 Maberley Road, Beckenham, Greater London, BR3 4DX£750,000£732,500-£17,50010 Jul 202306 Dec 2023149 Days
8 Clement Road, Beckenham, Greater London, BR3 4NT£500,000£490,000-£10,00013 Jun 202330 Nov 2023170 Days
95 Greenview Avenue, Beckenham, Greater London, BR3 3RU£550,000£535,000-£15,00019 Aug 202330 Nov 2023103 Days
80 Kenwood Drive, Beckenham, Greater London, BR3 6QZ£1,250,000£1,235,000-£15,00009 May 202330 Nov 2023205 Days
29 Eden Road, Beckenham, Greater London, BR3 4AS£450,000£434,000-£16,00026 Aug 202130 Nov 2023826 Days
21 Uplands, Beckenham, Greater London, BR3 3NB£1,100,000£980,000-£120,00016 Jun 202328 Nov 2023165 Days
217 Ravenscroft Road, Beckenham, Greater London, BR3 4TE£450,000£432,250-£17,75011 Jul 202322 Nov 2023134 Days

Most Expensive Streets in Elmers End

PostcodeStreetAreaAverageNo. of Sales
BR3 3LNManor WayBeckenham£1,626,6663
BR3 3LJManor WayBeckenham£1,296,8754
BR3 3LXStone Park AvenueBeckenham£1,294,5003
BR3 6QXKenwood DriveBeckenham£1,275,0003
BR3 3NGGreenwaysBeckenham£1,266,9005
BR3 4JWQueens RoadBeckenham£1,220,9005
BR3 4JAHayne RoadBeckenham£1,137,6254
BR3 6REHayes LaneBeckenham£1,128,9666
BR3 6RBKenwood DriveBeckenham£1,120,0003
BR3 3NHForest RidgeBeckenham£1,058,1505

Least Expensive Streets in Elmers End

PostcodeStreetAreaAverageNo. of Sales
BR3 4DECroydon RoadBeckenham£146,39615
BR3 4RBBeck LaneBeckenham£164,21414
BR3 6QNWickham RoadBeckenham£227,44419
BR3 4AHRoylon CourtLangley Road£239,6285
BR3 3QYUpper Elmers End RoadBeckenham£240,1256
SE20 7SLSherborne CourtElmers End Road£240,58312
BR3 4XSMayford CloseBeckenham£251,3577
BR3 1TURectory RoadBeckenham£255,0006
SE20 7UPImpact CourtStembridge Road£261,3333
BR3 4AGCroydon RoadBeckenham£267,5005

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