Eltham House Prices Eltham House Prices

The average house price in Eltham is £524,666 using HM Land Registry data.

The average property price increased by £98,831 (23.19%) over the last 5 years and increased by £19,752 (3.91%) over the last 12 months.

Over the last year, there were 624 residential property sales – a decrease of 243 transactions (-38.94%) relative to the previous year. The majority of house sales (141) were in the £460,000 - £550,000 range. Then came properties in the £370,000 - £460,000 range, where 132 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 72 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-19,589 (-2%).

In April 2024, there were 148 new estate agency instructions, 82 agreed home sales and 50 property price reductions.

5-Year Average Property Prices in Eltham

23.19%

Property prices in Eltham increased by 23.19% 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 Eltham Over the Last Year

3.91%

Property prices in Eltham increased by 3.91% 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 Eltham - 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 Eltham

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 Eltham

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 Eltham

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 Eltham since 1995

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

Recent Property Sales in Eltham

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
16 Mainridge Road, Chislehurst, Greater London, BR7 6DW£480,000£465,000-£15,00010 Feb 202415 Mar 202434 Days
32 Exford Road, London, Greater London, SE12 9HD£850,000£820,000-£30,00004 Sep 202308 Mar 2024186 Days
109 Wydeville Manor Road, London, Greater London, SE12 0EP£230,000£225,000-£5,00029 Nov 202301 Mar 202493 Days
29 Ashdale Road, London, Greater London, SE12 9ND£485,000£470,000-£15,00002 Nov 202327 Feb 2024117 Days
97 Arsenal Road, Eltham, London, Greater London, SE9 1JZ£450,000£450,000£0031 Oct 202326 Feb 2024118 Days
5 Enslin Road, London, Greater London, SE9 5BP£575,000£570,000-£5,00016 Oct 202309 Feb 2024116 Days
57 Cattistock Road, London, Greater London, SE9 4AW£350,000£345,000-£5,00021 Oct 202305 Feb 2024107 Days
667 Rochester Way, London, Greater London, SE9 1RJ£475,000£450,000-£25,00017 Apr 202302 Feb 2024291 Days
1 Farnaby Road, London, Greater London, SE9 6BG£600,000£591,500-£8,50022 Aug 202326 Jan 2024157 Days
10 Sidewood Road, London, Greater London, SE9 2HA£600,000£580,000-£20,00018 Aug 202326 Jan 2024161 Days
35 Friars Mews, London, Greater London, SE9 1HR£350,000£350,000£0008 Sep 202319 Jan 2024133 Days
48 Winn Road, London, Greater London, SE12 9EX£675,000£625,000-£50,00012 May 202312 Jan 2024245 Days
37 Tilbrook Road, London, Greater London, SE3 9QD£480,000£465,000-£15,00014 Feb 202312 Jan 2024332 Days
105b, Court Road, Eltham, London, Greater London, SE9 5AG£525,000£523,500-£1,50028 Apr 202312 Jan 2024259 Days
39 Grace Close, London, Greater London, SE9 4JE£432,000£420,000-£12,00016 Aug 202318 Dec 2023124 Days
30 Gables Close, London, Greater London, SE12 0UD£375,000£371,000-£4,00019 Sep 202315 Dec 202387 Days
29 Cradley Road, London, Greater London, SE9 2HD£620,000£580,000-£40,00019 May 202315 Dec 2023210 Days
40 Tilbrook Road, London, Greater London, SE3 9QE£440,000£430,000-£10,00024 Jul 202313 Dec 2023142 Days
6 Ladysmith Road, London, Greater London, SE9 5BN£699,950£640,000-£59,95017 Apr 202313 Dec 2023240 Days
94 Mayeswood Road, London, Greater London, SE12 9RU£475,000£475,000£0019 Jul 202308 Dec 2023142 Days

Most Expensive Streets in Eltham

PostcodeStreetAreaAverageNo. of Sales
SE9 1AGGlenesk RoadLondon£1,457,5004
BR7 5ERRobin Hill DriveChislehurst£1,216,6663
SE9 5AWNorth ParkLondon£1,212,5004
SE9 4JHCourt Farm RoadLondon£1,178,3333
BR7 5EQElmstead LaneChislehurst£1,149,0005
SE9 1AQGlenshiel RoadLondon£1,120,4005
SE9 1JGGourock RoadLondon£1,085,0003
SE9 1HJBeechhill RoadLondon£1,073,3163
SE9 4RQWest ParkMottingham£1,062,6663
SE12 9LZGuibal RoadLondon£1,033,3163

Least Expensive Streets in Eltham

PostcodeStreetAreaAverageNo. of Sales
SE9 5ALGrove PlaceLondon£138,8505
SE12 9QQPaxton CourtMarvels Lane£165,19418
SE9 6EXSherard RoadLondon£179,3124
SE12 0BLDilhorne CloseLondon£197,3333
SE9 4EQHorning CloseLondon£201,6663
SE9 2BFQuilters PlaceLondon£203,50010
SE9 4RDSycamore CloseLondon£210,3754
SE9 4EGBeaconsfield RoadLondon£210,6663
SE9 4HGLions CloseLondon£213,6663
SE9 4SAWest ParkMottingham£214,2504

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