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Honor Oak House Prices Honor Oak House Prices

The average house price in Honor Oak is £603,437 using HM Land Registry data.

The average property price increased by £120,298 (22.08%) over the last 5 years and increased by £24,043 (3.75%) over the last 12 months.

Over the last year, there were 160 residential property sales – a decrease of 97 transactions (-60.63%) relative to the previous year. The majority of house sales (29) were in the £806,000 - £920,000 range. Then came properties in the £464,000 - £578,000 range, where 28 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 78 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-19,141 (-2%).

In April 2024, there were 30 new estate agency instructions, 14 agreed home sales and 10 property price reductions.

Neighbouring Areas: Peckham, Catford, Forest Hill, Lewisham, Perry Vale

Postcodes Covered: SE23, SE4, SE6

5-Year Average Property Prices in Honor Oak

22.08%

Property prices in Honor Oak increased by 22.08% 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 Honor Oak Over the Last Year

3.75%

Property prices in Honor Oak increased by 3.75% 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 Honor Oak - 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 Honor Oak

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 Honor Oak

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 Honor Oak

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 Honor Oak since 1995

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

Recent Property Sales in Honor Oak

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
97a, Bovill Road, Honor Oak Park, London, Greater London, SE23 1EL£557,775£557,775£0013 Nov 202308 Mar 2024116 Days
12 Stondon Park, Forest Hill, London, Greater London, SE23 1LA£499,995£481,500-£18,49509 Sep 202330 Jan 2024143 Days
68 Buckthorne Road, London, Greater London, SE4 2DG£899,999£855,000-£44,99918 Sep 202319 Dec 202392 Days
87 Codrington Hill, London, Greater London, SE23 1LR£500,000£445,000-£55,00013 Jul 202308 Dec 2023148 Days
8a, Whatman Road, London, Greater London, SE23 1EZ£450,000£450,000£0024 Mar 202306 Dec 2023257 Days
42 Buckthorne Road, London, Greater London, SE4 2DB£925,000£895,000-£30,00007 Sep 202301 Dec 202385 Days
115a, Howson Road, London, Greater London, SE4 2BB£450,000£450,000£0015 Aug 202301 Dec 2023108 Days
65 Manwood Road, London, Greater London, SE4 1AB£750,000£735,000-£15,00003 Jul 202329 Nov 2023149 Days
74 Garthorne Road, London, Greater London, SE23 1EW£800,000£800,000£0029 Jun 202306 Nov 2023130 Days
149 Manwood Road, London, Greater London, SE4 1SA£800,000£795,000-£5,00031 May 202306 Nov 2023159 Days
63 Darfield Road, London, Greater London, SE4 1ES£850,000£835,000-£15,00003 Apr 202306 Nov 2023217 Days
110 Manwood Road, London, Greater London, SE4 1SE£900,000£870,000-£30,00028 Jun 202330 Oct 2023124 Days
25 Holdenby Road, London, Greater London, SE4 2DA£495,000£487,500-£7,50009 May 202317 Oct 2023161 Days
47 Codrington Hill, London, Greater London, SE23 1LR£700,000£665,000-£35,00021 Apr 202329 Sep 2023161 Days
9 Garthorne Road, London, Greater London, SE23 1EP£750,000£741,000-£9,00021 Jun 202329 Sep 2023100 Days
4 Wyleu Street, London, Greater London, SE23 1DU£900,000£885,000-£15,00025 May 202329 Sep 2023127 Days
Lower Flat, 1, Lowther Hill, London, Greater London, SE23 1PZ£850,000£750,000-£100,00011 Mar 202329 Sep 2023202 Days
27 Crofton Park Road, London, Greater London, SE4 1AF£875,000£870,000-£5,00028 Jun 202329 Sep 202393 Days
14 Bartram Road, London, Greater London, SE4 2DQ£1,000,000£965,000-£35,00004 Apr 202328 Sep 2023177 Days
46 Brightling Road, London, Greater London, SE4 1SQ£850,000£835,000-£15,00005 Jan 202326 Sep 2023264 Days

Most Expensive Streets in Honor Oak

PostcodeStreetAreaAverageNo. of Sales
SE23 1NYGrierson RoadLondon£961,8333
SE23 1SLBrockley ViewLondon£918,2333
SE23 1PYLowther HillLondon£908,1666
SE23 1DJAgnew RoadLondon£907,3333
SE23 1EYWhatman RoadLondon£870,6669
SE4 2DQBartram RoadLondon£850,0005
SE23 1EGHerschell RoadLondon£847,8336
SE23 1NTGrierson RoadLondon£845,8333
SE4 2BAComerford RoadLondon£845,6663
SE23 1JXTatnell RoadLondon£827,9166

Least Expensive Streets in Honor Oak

PostcodeStreetAreaAverageNo. of Sales
SE23 1GACaldecourt PlaceWastdale Road£261,7504
SE23 1AGMalham RoadLondon£288,3333
SE23 1RTPark RiseLondon£290,7005
SE23 1JBStanstead RoadForest Hill£306,6663
SE6 4XPMontacute RoadLondon£318,1427
SE23 1SWLynne CourtBrockley View£330,0003
SE23 1JGBrockley RiseLondon£337,5004
SE6 4FLLamington MewsLondon£343,8754
SE23 1PXPlumpton CourtBrockley Park£351,6663
SE23 1RYSt Germans RoadLondon£366,2229

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