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Northumberland Heath House Prices Northumberland Heath House Prices

The average house price in Northumberland Heath is £475,000 using HM Land Registry data.

The average property price increased by £113,246 (33.98%) over the last 5 years and increased by £22,633 (5.34%) over the last 12 months.

Over the last year, there were 72 residential property sales – a decrease of 52 transactions (-72.22%) relative to the previous year. The majority of house sales (14) were in the £330,000 - £366,000 range. Then came properties in the £366,000 - £402,000 range, where 14 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 31 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,552 (-1%).

In April 2024, there were 22 new estate agency instructions, 15 agreed home sales and 13 property price reductions.

Neighbouring Areas: Barnehurst, Belvedere, Bexleyheath, Erith, West Heath

Postcodes Covered: DA17, DA7, DA8

5-Year Average Property Prices in Northumberland Heath

33.98%

Property prices in Northumberland Heath increased by 33.98% 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 Northumberland Heath Over the Last Year

5.34%

Property prices in Northumberland Heath increased by 5.34% 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 Northumberland Heath - 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 Northumberland Heath

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 Northumberland Heath

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 Northumberland Heath

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 Northumberland Heath since 1995

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

Recent Property Sales in Northumberland Heath

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
13 Austen Road, Erith, Greater London, DA8 1YA£440,000£430,000-£10,00031 Jul 202306 Feb 2024190 Days
38 Cookson Grove, Erith, Greater London, DA8 1YE£375,000£360,000-£15,00010 Oct 202326 Jan 2024108 Days
9a, Highfield Avenue, Erith, Greater London, DA8 1EL£475,000£475,000£0027 Jul 202307 Dec 2023133 Days
250 Belmont Road, Erith, Greater London, DA8 1LG£450,000£445,000-£5,00031 Aug 202327 Nov 202388 Days
165 Brook Street, Erith, Greater London, DA8 1EB£390,000£380,000-£10,00025 Aug 202320 Nov 202387 Days
59 Avenue Road, Erith, Greater London, DA8 3AT£750,000£735,000-£15,00028 Jun 202310 Nov 2023135 Days
10 Oakdene Avenue, Erith, Greater London, DA8 1EJ£435,000£426,000-£9,00009 Jan 202303 Nov 2023298 Days
96 Carlton Road, Erith, Greater London, DA8 1DU£500,000£500,000£0020 Feb 202327 Oct 2023249 Days
44 Luddesdon Road, Erith, Greater London, DA8 1NG£450,000£435,000-£15,00006 Jul 202313 Oct 202399 Days
68 Northumberland Park, Erith, Greater London, DA8 1HQ£455,000£455,000£0018 May 202311 Oct 2023146 Days
5 Mill Road, Erith, Greater London, DA8 1HW£350,000£345,000-£5,00024 May 202329 Sep 2023128 Days
26 Stonecroft Road, Erith, Greater London, DA8 1HP£250,000£250,000£0003 May 202320 Sep 2023140 Days
51 Northumberland Park, Erith, Greater London, DA8 1HG£365,000£362,500-£2,50021 Oct 202215 Sep 2023329 Days
53 Austen Road, Erith, Greater London, DA8 1YA£465,000£454,000-£11,00031 May 202315 Sep 2023107 Days
107 Horsa Road, Erith, Greater London, DA8 1HF£350,000£340,000-£10,00012 May 202308 Sep 2023119 Days
264 Brook Street, Erith, Greater London, DA8 1DZ£280,000£280,000£0013 Mar 202330 Aug 2023170 Days
21 The Drive, Northumberland Heath, Erith, Greater London, DA8 1ED£460,000£450,000-£10,00019 May 202324 Aug 202397 Days
11 Ightham Road, Erith, Greater London, DA8 1LZ£650,000£640,000-£10,00020 Apr 202324 Aug 2023126 Days
20 Cartmel Road, Bexleyheath, Greater London, DA7 5EA£425,000£415,000-£10,00003 Jan 202322 Aug 2023231 Days
2 Plaxtol Road, Erith, Greater London, DA8 1NL£460,000£460,000£0012 Apr 202328 Jul 2023107 Days

Most Expensive Streets in Northumberland Heath

PostcodeStreetAreaAverageNo. of Sales
DA7 5DZLangdale CrescentBexleyheath£586,2506
DA8 1LQBelmont RoadErith£539,5005
DA7 5PXBedonwell RoadBexleyheath£519,0005
DA8 1YBBronte CloseErith£516,0005
DA7 5PUBedonwell RoadBexleyheath£501,6663
DA8 1LSNurstead RoadErith£486,2857
DA8 1NFShinglewell RoadErith£481,5005
DA8 1EPCavendish AvenueErith£481,1427
DA8 1NJPlaxtol RoadErith£477,8005
DA8 1NAIghtham RoadErith£475,1005

Least Expensive Streets in Northumberland Heath

PostcodeStreetAreaAverageNo. of Sales
DA8 1EUThorne CloseErith£212,9104
DA8 1LBDaisy CourtBelmont Road£242,8333
DA8 1ELHighfield AvenueErith£249,7494
DA8 1JJBrook StreetErith£272,4005
DA8 3JUFrinsted RoadErith£283,7504
DA8 1HJCharlieville RoadErith£285,4005
DA8 1HHHorsa RoadErith£304,8005
DA8 1EBBrook StreetErith£306,04511
DA8 1JQBrook StreetErith£307,2754
DA8 1HPStonecroft RoadErith£309,1005

Explore Northumberland Heath and Neighbouring Area House Prices

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