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Hackbridge House Prices Hackbridge House Prices

The average house price in Hackbridge is £392,175 using HM Land Registry data.

The average property price increased by £70,068 (20.08%) over the last 5 years and increased by £14,004 (3.46%) over the last 12 months.

Over the last year, there were 349 residential property sales – a decrease of 146 transactions (-41.83%) relative to the previous year. The majority of house sales (82) were in the £382,000 - £448,000 range. Then came properties in the £448,000 - £514,000 range, where 73 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 68 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-14,112 (-2%).

In April 2024, there were 62 new estate agency instructions, 50 agreed home sales and 16 property price reductions.

Neighbouring Areas: Beddington, Cheam, Mitcham, Morden, Wallington, Sutton, Carshalton

Postcodes Covered: CR4, SM1, SM4, SM5, SM6

5-Year Average Property Prices in Hackbridge

20.08%

Property prices in Hackbridge increased by 20.08% 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 Hackbridge Over the Last Year

3.46%

Property prices in Hackbridge increased by 3.46% 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 Hackbridge - 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 Hackbridge

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 Hackbridge

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 Hackbridge

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 Hackbridge since 1995

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

Recent Property Sales in Hackbridge

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
38 Bayham Road, Morden, Greater London, SM4 5JQ£500,000£495,000-£5,00019 Jan 202415 Mar 202456 Days
104 Canterbury Road, Morden, Greater London, SM4 6QP£400,000£390,000-£10,00013 Jun 202305 Mar 2024266 Days
152 Canterbury Road, Morden, Greater London, SM4 6QT£295,000£282,000-£13,00029 Aug 202328 Feb 2024183 Days
22 Bristol Road, Morden, Greater London, SM4 5SB£425,000£405,000-£20,00021 Aug 202327 Feb 2024190 Days
39 Crowland Walk, Morden, Greater London, SM4 6QH£475,000£465,000-£10,00011 May 202323 Feb 2024288 Days
17 Orchard Avenue, Mitcham, Greater London, CR4 4JD£465,000£455,000-£10,00028 Sep 202319 Feb 2024144 Days
74 Otter Drive, Carshalton, Greater London, SM5 2FH£240,000£233,000-£7,00011 Oct 201729 Jan 20242301 Days
5 Johnsons Close, Carshalton, Greater London, SM5 2LU£615,000£602,750-£12,25011 Sep 202329 Jan 2024140 Days
8 Bayham Road, Morden, Greater London, SM4 5JQ£520,000£506,000-£14,00002 Oct 202326 Jan 2024116 Days
2 Bluebell Close, Wallington, Greater London, SM6 7HL£375,000£360,000-£15,00013 Apr 202322 Jan 2024284 Days
41a, Poulton Avenue, Sutton, Greater London, SM1 3PZ£500,000£493,000-£7,00018 Oct 202319 Jan 202493 Days
145 Shaftesbury Road, Carshalton, Greater London, SM5 1HJ£400,000£396,000-£4,00025 Jul 202319 Jan 2024178 Days
5 Highgrove Mews, Carshalton, Greater London, SM5 2RF£500,000£484,350-£15,65017 Jul 202320 Dec 2023156 Days
28 Rossignol Gardens, Carshalton, Greater London, SM5 2ED£220,000£220,000£0003 Aug 202320 Dec 2023139 Days
91 Erskine Road, Sutton, Greater London, SM1 3AT£550,000£550,000£0019 Jun 202319 Dec 2023183 Days
27 Dorchester Road, Morden, Greater London, SM4 6QE£440,000£435,000-£5,00016 Jun 202318 Dec 2023185 Days
78 Farm Road, Morden, Greater London, SM4 6RB£550,000£550,000£0010 Aug 202308 Dec 2023120 Days
58a, Poulton Avenue, Sutton, Greater London, SM1 3PY£525,000£525,000£0001 Oct 202306 Dec 202366 Days
546 Middleton Road, Carshalton, Greater London, SM5 1JA£400,000£395,000-£5,00017 May 202304 Dec 2023201 Days
25 Bayham Road, Morden, Greater London, SM4 5JH£650,000£650,000£0017 May 202324 Nov 2023191 Days

Most Expensive Streets in Hackbridge

PostcodeStreetAreaAverageNo. of Sales
SM6 7FACotton WayWallington£623,6234
SM4 5SGWillows AvenueMorden£623,0005
SM5 2HAHackbridge Park GardensCarshalton£621,0003
SM6 7FUThimble CrescentWallington£612,8557
SM1 3PWSurrey GroveSutton£608,6254
SM1 3PQConnaught RoadSutton£602,5005
SM1 3AXPaget AvenueSutton£601,2254
CR4 4FRMimosa CloseMitcham Junction£598,6005
SM6 7BGSenga RoadWallington£598,3333
CR4 4FSDaffodil CloseMitcham Junction£592,00010

Least Expensive Streets in Hackbridge

PostcodeStreetAreaAverageNo. of Sales
SM5 1JGNeville WalkCarshalton£145,1663
CR4 4FPPeony DriveMitcham Junction£180,1253
SM5 2FGFerndale CrescentCarshalton£181,6666
SM6 7HHViolet CloseWallington£188,0005
SM6 7JRFoxglove WayWallington£194,50012
SM6 7BFHackbridge RoadWallington£201,4005
CR4 4FEMullards CloseHackbridge£202,5628
SM5 2EERossignol GardensCarshalton£206,1254
SM6 7HDPoppy CloseWallington£208,9874
SM5 2RQNutfield CloseCarshalton£218,27211

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