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Greenwich House Prices Greenwich House Prices

The average house price in Greenwich is £485,692 using HM Land Registry data.

The average property price increased by £30,062 (5.09%) over the last 5 years and increased by £6,008 (0.98%) over the last 12 months.

Over the last year, there were 372 residential property sales – a decrease of 389 transactions (-104.57%) relative to the previous year. The majority of house sales (83) were in the £340,000 - £462,000 range. Then came properties in the £462,000 - £584,000 range, where 81 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 113 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-27,010 (-2%).

In April 2024, there were 145 new estate agency instructions, 63 agreed home sales and 76 property price reductions.

Neighbouring Areas: Lewisham, Charlton, Blackheath, Deptford

Postcodes Covered: SE10, SE13, SE3, SE7, SE8

5-Year Average Property Prices in Greenwich

5.09%

Property prices in Greenwich increased by 5.09% 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 Greenwich Over the Last Year

0.98%

Property prices in Greenwich increased by 0.98% 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 Greenwich - 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 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer 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 Greenwich

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 Greenwich

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 Greenwich

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 Greenwich since 1995

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

Recent Property Sales in Greenwich

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
25 Tyler Street, London, Greater London, SE10 9EX£740,000£730,000-£10,00001 Dec 202308 Mar 202498 Days
Apartment 15, Becquerel Court, West Parkside, London, Greater London, SE10 0QQ£290,000£280,000-£10,00026 Sep 202308 Mar 2024164 Days
Flat 13, Plymouth House, Devonshire Drive, London, Greater London, SE10 8LE£325,000£305,000-£20,00008 Nov 202305 Mar 2024118 Days
82 Pelton Road, London, Greater London, SE10 9AN£725,000£680,000-£45,00018 Sep 202302 Feb 2024137 Days
27 Braddyll Street, London, Greater London, SE10 9AE£650,000£618,000-£32,00022 Apr 202310 Jan 2024263 Days
Flat 19, Darnall House, Royal Hill, London, Greater London, SE10 8SU£400,000£367,500-£32,50015 Feb 202318 Dec 2023306 Days
Flat 37, Coltman House, Welland Street, London, Greater London, SE10 9DW£475,000£467,000-£8,00013 Jun 202311 Dec 2023181 Days
79 Pelton Road, London, Greater London, SE10 9AN£375,000£370,000-£5,00026 May 202301 Dec 2023189 Days
80 Point Hill, London, Greater London, SE10 8QW£685,000£668,000-£17,00021 Jun 202327 Nov 2023159 Days
114 Crosslet Vale, Greenwich, London, Greater London, SE10 8DL£325,000£320,000-£5,00007 Jul 202327 Nov 2023143 Days
8 Crosslet Vale, Greenwich, London, Greater London, SE10 8DH£325,000£302,000-£23,00014 Jun 202327 Nov 2023166 Days
40 Walnut Tree Road, London, Greater London, SE10 9EU£825,000£825,000£0018 Aug 202324 Nov 202398 Days
54 Greenwich Park Street, London, Greater London, SE10 9LT£1,500,000£1,446,550-£53,45031 Mar 202322 Nov 2023236 Days
23 Fearon Street, London, Greater London, SE10 0RS£500,000£420,000-£80,00030 Aug 202317 Nov 202379 Days
73 Mauritius Road, London, Greater London, SE10 0EH£735,000£717,500-£17,50003 Aug 202317 Nov 2023106 Days
35 Blissett Street, London, Greater London, SE10 8UP£1,100,000£965,000-£135,00022 Jun 202317 Nov 2023148 Days
31 Maidenstone Hill, London, Greater London, SE10 8SY£950,000£925,000-£25,00006 Jul 202309 Nov 2023126 Days
8 Earlswood Street, London, Greater London, SE10 9ES£600,000£587,000-£13,00017 Apr 202308 Nov 2023205 Days
90 Colomb Street, London, Greater London, SE10 9EZ£650,000£635,000-£15,00026 Jul 202327 Oct 202393 Days
7 Fearon Street, London, Greater London, SE10 0RS£599,950£580,000-£19,95022 Mar 202327 Oct 2023219 Days

Most Expensive Streets in Greenwich

PostcodeStreetAreaAverageNo. of Sales
SE10 8RYGloucester CircusLondon£2,362,5004
SE10 8QHHyde ValeLondon£2,297,6254
SE10 8GUFrench TerraceLondon£1,724,5874
SE10 8QNDiamond TerraceLondon£1,669,5004
SE10 8QQHyde ValeLondon£1,543,5077
SE10 8JSEgerton DriveLondon£1,513,8333
SE10 8HPHyde ValeLondon£1,437,2147
SE10 8RTRoyal HillLondon£1,420,4688
SE10 8JREgerton DriveLondon£1,399,5004
SE10 8TZAshburnham PlaceLondon£1,366,2508

Least Expensive Streets in Greenwich

PostcodeStreetAreaAverageNo. of Sales
SE10 0SNChandlers AvenueLondon£133,9005
SE10 0FDBanning StreetLondon£139,9166
SE10 0NGBlackwall LaneLondon£172,8124
SE10 8EDBlackheath RoadLondon£182,0004
SE10 0UGBarge WalkLondon£211,20812
SE10 9FGNorway StreetLondon£214,93716
SE10 9FFDowells StreetLondon£218,1254
SE10 0NNChandlers AvenueLondon£222,87013
SE10 9FDDowells StreetLondon£223,8927
SE13 7QSLewisham RoadLondon£279,0003

Explore Greenwich and Neighbouring Area House Prices

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