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Herne Hill House Prices Herne Hill House Prices

The average house price in Herne Hill is £415,000 using HM Land Registry data.

The average property price increased by £227,195 (33.34%) over the last 5 years and increased by £45,407 (5.26%) over the last 12 months.

Over the last year, there were 66 residential property sales – a decrease of 60 transactions (-90.91%) relative to the previous year. The majority of house sales (28) were in the £440,000 - £712,000 range. Then came properties in the £712,000 - £984,000 range, where 14 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 38 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-29,272 (-2%).

In April 2024, there were 22 new estate agency instructions, 7 agreed home sales and 9 property price reductions.

Neighbouring Areas: Brixton, Loughborough Junction, Dulwich

Postcodes Covered: SE24, SW2, SW9

5-Year Average Property Prices in Herne Hill

33.34%

Property prices in Herne Hill increased by 33.34% 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 Herne Hill Over the Last Year

5.26%

Property prices in Herne Hill increased by 5.26% 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 Herne Hill - 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 Herne Hill

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 Herne Hill

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 Herne Hill

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 Herne Hill since 1995

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

Recent Property Sales in Herne Hill

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
134 Lowden Road, London, Greater London, SE24 0BQ£775,000£770,000-£5,00020 Nov 202307 Mar 2024108 Days
120c, Dalberg Road, London, Greater London, SW2 1AP£475,000£450,000-£25,00030 Oct 202326 Feb 2024119 Days
269 Railton Road, London, Greater London, SE24 0LY£980,000£980,000£0004 Oct 202326 Jan 2024114 Days
12a, Hurst Street, London, Greater London, SE24 0EG£430,000£415,000-£15,00011 Aug 202315 Dec 2023126 Days
The Ground Floor Flat, 21, Fawnbrake Avenue, London, Greater London, SE24 0BE£450,000£445,000-£5,00012 Mar 201815 Nov 20232074 Days
108 Hinton Road, London, Greater London, SE24 0HU£1,600,000£1,600,000£0028 Jun 202329 Sep 202393 Days
19b, Dulwich Road, London, Greater London, SE24 0NT£575,000£550,000-£25,00003 Oct 202228 Sep 2023360 Days
Ground Floor Flat, 5, Fawnbrake Avenue, London, Greater London, SE24 0BE£475,000£450,000-£25,00005 Jun 201815 Sep 20231928 Days
97 Shakespeare Road, London, Greater London, SE24 0PX£850,000£725,000-£125,00031 Mar 202308 Sep 2023161 Days
15 Brantwood Road, Herne Hill, London, Greater London, SE24 0DH£1,500,000£1,475,000-£25,00022 Apr 202330 Aug 2023130 Days
28 Deerdale Road, London, Greater London, SE24 0AW£489,950£480,000-£9,95028 Feb 202329 Aug 2023182 Days
291 Milkwood Road, London, Greater London, SE24 0HE£900,000£895,000-£5,00015 Apr 202304 Aug 2023111 Days
Top Floor Flat, 277, Shakespeare Road, London, Greater London, SE24 0QD£700,000£666,500-£33,50004 May 201702 Aug 20232281 Days
52 Chaucer Road, Herne Hill, London, Greater London, SE24 0NU£1,350,000£1,280,000-£70,00023 Dec 202226 Jul 2023215 Days
173 Railton Road, London, Greater London, SE24 0LU£950,000£935,000-£15,00024 Feb 202320 Jul 2023146 Days
149 Fawnbrake Avenue, London, Greater London, SE24 0BG£1,750,000£1,675,000-£75,00003 Mar 202307 Jul 2023126 Days
20 Herne Hill, London, Greater London, SE24 9QT£530,000£515,000-£15,00027 Feb 202305 Jul 2023128 Days
10 Alderton Road, London, Greater London, SE24 0HS£1,000,000£923,500-£76,50014 Apr 202228 Apr 2023379 Days
3 Gubyon Avenue, London, Greater London, SE24 0DU£2,500,000£2,415,000-£85,00026 Dec 202226 Apr 2023121 Days
144 Railton Road, London, Greater London, SE24 0JX£975,000£910,000-£65,00001 Dec 202227 Mar 2023116 Days

Most Expensive Streets in Herne Hill

PostcodeStreetAreaAverageNo. of Sales
SE24 0EBKestrel AvenueLondon£1,858,3333
SE24 0DYCosbycote AvenueLondon£1,801,0005
SE24 0DUGubyon AvenueLondon£1,645,0005
SE24 0BYFawnbrake AvenueLondon£1,591,0005
SE24 0EARollscourt AvenueLondon£1,505,40010
SE24 0DXGubyon AvenueLondon£1,335,6255
SE24 0BGFawnbrake AvenueLondon£1,327,4667
SE24 0DHBrantwood RoadLondon£1,289,3758
SE24 0LBShakespeare RoadLondon£1,274,7508
SE24 0BUPoplar WalkLondon£1,223,0005

Least Expensive Streets in Herne Hill

PostcodeStreetAreaAverageNo. of Sales
SE24 0HPMilkwood RoadLondon£247,88821
SE24 0EFHerne Hill HouseRailton Road£312,6663
SE24 0ARHerne Hill RoadLondon£401,90010
SE24 0HRHinton RoadLondon£421,6663
SW2 1QATurnmill HouseEffra Parade£429,5004
SE24 0NGDulwich RoadLondon£456,4005
SE24 0DNCriterion MewsLondon£482,3333
SW2 1DQMorval RoadLondon£485,2214
SE24 9QTHerne HillLondon£507,5003
SE24 0AHHerne Hill RoadLondon£509,0128

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