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Lewisham House Prices Lewisham House Prices

The average house price in Lewisham is £499,114 using HM Land Registry data.

The average property price increased by £94,695 (19.2%) over the last 5 years and increased by £18,926 (3.33%) over the last 12 months.

Over the last year, there were 706 residential property sales – a decrease of 309 transactions (-43.77%) relative to the previous year. The majority of house sales (181) were in the £270,000 - £396,000 range. Then came properties in the £396,000 - £522,000 range, where 156 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 87 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-20,317 (-2%).

In April 2024, there were 167 new estate agency instructions, 101 agreed home sales and 99 property price reductions.

Neighbouring Areas: Peckham, Catford, Honor Oak, Downham, New Cross, Kidbrooke, Greenwich, Eltham, Blackheath, Deptford

Postcodes Covered: BR1, SE12, SE13, SE14, SE15, SE4, SE6, SE8

5-Year Average Property Prices in Lewisham

19.2%

Property prices in Lewisham increased by 19.2% 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 Lewisham Over the Last Year

3.33%

Property prices in Lewisham increased by 3.33% 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 Lewisham - 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 Lewisham

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 Lewisham

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 Lewisham

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 Lewisham since 1995

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

Recent Property Sales in Lewisham

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
138 Albyn Road, London, Greater London, SE8 4JQ£875,000£875,000£0001 Jan 202413 Mar 202472 Days
16 Millmark Grove, London, Greater London, SE14 6RQ£650,000£625,000-£25,00010 Oct 202319 Feb 2024132 Days
19 Endwell Road, London, Greater London, SE4 2NE£850,000£806,000-£44,00007 Sep 202315 Feb 2024161 Days
108 Leahurst Road, London, Greater London, SE13 5NN£680,000£670,000-£10,00007 Feb 202408 Feb 20241 Days
51 Arthurdon Road, London, Greater London, SE4 1JT£740,000£723,000-£17,00001 Sep 202308 Feb 2024160 Days
134 Shardeloes Road, London, Greater London, SE14 6RS£670,000£625,000-£45,00030 Jun 202329 Jan 2024213 Days
60 Foxberry Road, London, Greater London, SE4 2SP£975,000£925,000-£50,00023 May 202326 Jan 2024248 Days
13 Blashford Street, London, Greater London, SE13 6UA£760,000£750,000-£10,00002 Sep 202312 Jan 2024132 Days
Flat 36, Kingswood Court, Hither Green Lane, London, Greater London, SE13 6TD£370,000£370,000£0030 May 202309 Jan 2024224 Days
61 Barville Close, London, Greater London, SE4 2LN£300,000£295,000-£5,00021 Mar 202321 Dec 2023275 Days
72 Effingham Road, London, Greater London, SE12 8NU£1,150,000£1,075,000-£75,00011 Sep 202320 Dec 2023100 Days
Flat 7, Walsham House, Walsham Road, London, Greater London, SE14 5LR£325,000£325,000£0007 Jul 202319 Dec 2023165 Days
4 Littlewood, London, Greater London, SE13 6SD£585,000£565,000-£20,00009 Sep 202318 Dec 2023100 Days
68 Pepys Road, London, Greater London, SE14 5SD£1,630,000£1,600,000-£30,00020 May 202315 Dec 2023209 Days
138 South Park Crescent, London, Greater London, SE6 1JS£525,000£525,000£0014 Aug 202314 Dec 2023122 Days
Flat 9, Rowallan Court, Cumberland Place, London, Greater London, SE6 1LB£210,000£210,000£0015 Aug 202314 Dec 2023121 Days
Flat 37, Woodstock Court, Burnt Ash Hill, London, Greater London, SE12 9HT£285,000£270,000-£15,00008 Sep 202308 Dec 202391 Days
20 Gillian Street, London, Greater London, SE13 7AH£625,000£610,000-£15,00030 Aug 202308 Dec 2023100 Days
Flat B, 49, Ennersdale Road, London, Greater London, SE13 6JE£435,000£435,000£0001 Jul 202306 Dec 2023158 Days
32 Brightside Road, London, Greater London, SE13 6EW£660,000£640,000-£20,00008 Jul 202306 Dec 2023151 Days

Most Expensive Streets in Lewisham

PostcodeStreetAreaAverageNo. of Sales
SE12 8NRHanden RoadLondon£1,532,0836
SE14 5SDPepys RoadLondon£1,510,2383
SE12 8NPHanden RoadLondon£1,377,4287
SE12 8LLSouthbrook RoadLondon£1,330,8336
SE4 1QLCrescent WayLondon£1,257,5004
SE14 5THErlanger RoadLondon£1,153,3333
SE12 8LUMicheldever RoadLondon£1,149,20812
SE4 1LRHarefield RoadLondon£1,120,2504
SE14 5SJDrakefell RoadLondon£1,117,9544
SE14 5TFErlanger RoadLondon£1,062,5004

Least Expensive Streets in Lewisham

PostcodeStreetAreaAverageNo. of Sales
SE13 7FHNara BuildingConington Road£129,8333
SE13 7RROregon BuildingDeals Gateway£145,0003
SE14 5BWPomeroy StreetLondon£174,8577
SE6 1LDBlair CourtCumberland Place£193,3504
SE6 1LBRowallan CourtCumberland Place£195,8336
SE6 1BBStevenson CourtCumberland Place£195,86615
SE13 7USBentley CourtWhitburn Road£199,1666
SE6 1LXDarlington CourtCumberland Place£211,6663
SE13 6QWKemsleyLewisham Park£214,5003
SE6 1NBRattray CourtCumberland Place£217,5006

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