Kennington House Prices Kennington House Prices

The average house price in Kennington is £502,994 using HM Land Registry data.

The average property price increased by £42,517 (7.33%) over the last 5 years and increased by £8,498 (1.38%) over the last 12 months.

Over the last year, there were 169 residential property sales – a decrease of 84 transactions (-49.70%) relative to the previous year. The majority of house sales (71) were in the £300,000 - £470,000 range. Then came properties in the £470,000 - £640,000 range, where 35 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 74 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-22,278 (-2%).

In April 2024, there were 53 new estate agency instructions, 26 agreed home sales and 14 property price reductions.

5-Year Average Property Prices in Kennington

7.33%

Property prices in Kennington increased by 7.33% 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 Kennington Over the Last Year

1.38%

Property prices in Kennington increased by 1.38% 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 Kennington - 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 Kennington

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 Kennington

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 Kennington

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 Kennington since 1995

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

Recent Property Sales in Kennington

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
Flat 52, Pullens Buildings, Penton Place, Walworth, London, Greater London, SE17 3SH£525,000£510,000-£15,00025 Oct 202308 Mar 2024135 Days
36 Gilbert Road, London, Greater London, SE11 4NL£800,000£783,000-£17,00015 Sep 202311 Jan 2024118 Days
Flat 49, Cornish House, Brandon Estate, London, Greater London, SE17 3PE£250,000£250,000£0026 Jun 202320 Dec 2023177 Days
8 Chapter Road, London, Greater London, SE17 3ET£1,050,000£1,027,500-£22,50022 Sep 202318 Dec 202387 Days
Flat 93, Aberfeldy House, John Ruskin Street, London, Greater London, SE5 0XH£375,000£362,500-£12,50014 Sep 202315 Dec 202392 Days
Flat 60, Kilner House, Clayton Street, London, Greater London, SE11 5SE£450,000£435,000-£15,00009 May 202305 Dec 2023210 Days
Flat 38, Kilner House, Clayton Street, London, Greater London, SE11 5SE£475,000£470,000-£5,00007 Jul 202301 Dec 2023147 Days
38a, De Laune Street, London, Greater London, SE17 3UR£950,000£875,000-£75,00011 Jul 202330 Nov 2023142 Days
25 Chapter Road, London, Greater London, SE17 3ES£950,000£930,000-£20,00013 Jun 202330 Nov 2023170 Days
Flat 6, Adam Court, Opal Street, London, Greater London, SE11 4HP£470,000£467,500-£2,50022 Jun 202324 Nov 2023155 Days
Flat 242, Irving House, Doddington Grove, London, Greater London, SE17 3TS£295,000£269,300-£25,70014 Aug 202324 Nov 2023102 Days
79 Winchester Close, London, Greater London, SE17 3DQ£325,000£320,000-£5,00002 Jun 202324 Nov 2023175 Days
81 Hillingdon Street, London, Greater London, SE17 3UX£625,000£615,000-£10,00026 Dec 202221 Nov 2023330 Days
Flat 2, Cornwall Court, Cleaver Street, London, Greater London, SE11 4DF£400,000£390,000-£10,00016 Jun 202306 Nov 2023143 Days
Flat 66, Dryden Court, Renfrew Road, London, Greater London, SE11 4NH£350,000£345,000-£5,00014 Sep 202331 Oct 202347 Days
14 Saperton Walk, London, Greater London, SE11 6NP£345,000£325,000-£20,00024 May 202330 Oct 2023159 Days
226 Amelia Street, London, Greater London, SE17 3AS£475,000£450,000-£25,00028 Mar 202330 Oct 2023216 Days
1c, Ravensdon Street, London, Greater London, SE11 4AQ£1,700,000£1,620,000-£80,00021 Apr 202319 Oct 2023181 Days
Flat 50, Dryden Court, Renfrew Road, London, Greater London, SE11 4NH£400,000£395,000-£5,00005 Apr 202316 Oct 2023194 Days
Flat 19, Vantrey House, Marylee Way, London, Greater London, SE11 6TY£475,000£451,250-£23,75011 Jan 202306 Oct 2023268 Days

Most Expensive Streets in Kennington

PostcodeStreetAreaAverageNo. of Sales
SE11 6REKennington RoadLondon£2,200,0003
SE11 4DWCleaver SquareLondon£1,891,6663
SE11 6SFKennington RoadLondon£1,845,0003
SE11 6BYKennington RoadLondon£1,628,0005
SE11 4TYPolperro MewsLondon£1,393,7504
SE11 4EACleaver SquareLondon£1,341,3818
SE11 4UHSullivan RoadLondon£1,303,2504
SE11 4UDSt Marys GardensLondon£1,216,0005
SE11 4UBWalcot SquareLondon£1,200,0003
SE11 5DEMontford PlaceLondon£1,138,3333

Least Expensive Streets in Kennington

PostcodeStreetAreaAverageNo. of Sales
SE17 3QJFrederick RoadLondon£252,5003
SE5 0SEBolton CrescentLondon£255,5505
SE17 3PECornish HouseBrandon Estate£261,4586
SE11 6NPSaperton WalkLondon£264,1393
SE5 0AECamberwell New RoadLondon£267,9905
SE11 6UEWard PointHotspur Street, London£268,8764
SE17 3TSIrving HouseDoddington Grove£302,3254
SE17 3DHWinchester CloseLondon£317,1663
SE11 4BNCottington StreetLondon£335,6663
SE17 3AUWesley CloseLondon£336,1663

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