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Old Kent Road House Prices Old Kent Road House Prices

The average house price in Old Kent Road is £602,666 using HM Land Registry data.

The average property price increased by £42,198 (9.71%) over the last 5 years and increased by £8,434 (1.8%) over the last 12 months.

Over the last year, there were 55 residential property sales – an increase of 3 transactions (5.45%) relative to the previous year. The majority of house sales (13) were in the £436,000 - £524,000 range. Then came properties in the £348,000 - £436,000 range, where 12 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 54 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-24,293 (-2%).

In April 2024, there were 22 new estate agency instructions, 7 agreed home sales and 21 property price reductions.

Neighbouring Areas: Camberwell, Peckham, Bermondsey, New Cross

Postcodes Covered: SE1, SE15, SE16, SE5

5-Year Average Property Prices in Old Kent Road

9.71%

Property prices in Old Kent Road increased by 9.71% 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 Old Kent Road Over the Last Year

1.8%

Property prices in Old Kent Road increased by 1.8% 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 Old Kent Road - 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 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in 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 Old Kent Road

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 Old Kent Road

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 Old Kent Road

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 Old Kent Road since 1995

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

Recent Property Sales in Old Kent Road

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
6 Oakley Place, London, Greater London, SE1 5AD£700,000£700,000£0030 Jun 202319 Dec 2023172 Days
14 Cranswick Road, London, Greater London, SE16 3BH£595,000£595,000£0001 Sep 202315 Dec 2023105 Days
Flat 19, Longland Court, Rolls Road, London, Greater London, SE1 5HA£450,000£375,000-£75,00024 Mar 202326 Oct 2023216 Days
97 Glengall Road, London, Greater London, SE15 6RU£375,000£375,000£0003 May 202313 Oct 2023163 Days
61 Sherwood Gardens, London, Greater London, SE16 3JB£600,000£590,000-£10,00006 Jun 202312 Oct 2023128 Days
26 Sherwood Gardens, London, Greater London, SE16 3JA£600,000£600,000£0021 Apr 202329 Sep 2023161 Days
7 Sunningdale Close, London, Greater London, SE16 3BU£260,000£260,000£0011 Nov 202220 Sep 2023313 Days
17 Gerards Close, London, Greater London, SE16 3DF£475,000£475,000£0011 May 202315 Sep 2023127 Days
77 Asylum Road, London, Greater London, SE15 2RJ£875,000£875,000£0018 May 202301 Sep 2023106 Days
2 Old Canal Mews, London, Greater London, SE15 6NX£515,000£510,000-£5,00024 Feb 202325 Aug 2023182 Days
3 Cardine Mews, London, Greater London, SE15 1AY£535,000£520,000-£15,00002 Mar 202314 Aug 2023165 Days
42 Glengall Road, London, Greater London, SE15 6NH£1,000,000£970,000-£30,00013 Feb 202319 Jul 2023156 Days
13a, Trafalgar Avenue, London, Greater London, SE15 6NP£425,000£425,000£0020 Mar 202304 Jul 2023106 Days
89 Naylor Road, London, Greater London, SE15 1QJ£375,000£365,000-£10,00020 Dec 202230 Jun 2023192 Days
Flat 40, Procter House, Avondale Square, London, Greater London, SE1 5EZ£300,000£202,500-£97,50006 Apr 202223 Jun 2023443 Days
19 Clifton Crescent, London, Greater London, SE15 2RX£825,000£810,000-£15,00022 Feb 202320 Jun 2023118 Days
31 Clifton Crescent, London, Greater London, SE15 2RX£485,000£478,900-£6,10002 Feb 202308 Jun 2023126 Days
46a, Bird In Bush Road, London, Greater London, SE15 6RW£600,000£317,000-£283,00027 Feb 202006 Jun 20231195 Days
Flat 34, Tovy House, Avondale Square, London, Greater London, SE1 5EY£270,000£237,500-£32,50002 Sep 202213 Apr 2023223 Days
Flat 21, Mawbey House, Old Kent Road, London, Greater London, SE1 5PG£350,000£338,000-£12,00027 Jul 202229 Mar 2023245 Days

Most Expensive Streets in Old Kent Road

PostcodeStreetAreaAverageNo. of Sales
SE15 6NRTrafalgar AvenueLondon£1,162,5005
SE5 0HXPepler MewsLondon£758,3333
SE15 1QNCommercial WayLondon£700,0003
SE15 2RJAsylum RoadLondon£679,3754
SE15 2RXClifton CrescentLondon£637,7717
SE1 5ADOakley PlaceLondon£630,0003
SE15 1QSFriary RoadLondon£609,7504
SE15 2RLAsylum RoadLondon£581,6663
SE15 6NXOld Canal MewsLondon£561,2504
SE15 2RPDrovers PlaceLondon£547,6663

Least Expensive Streets in Old Kent Road

PostcodeStreetAreaAverageNo. of Sales
SE1 5HDFaith CourtCoopers Road£169,8754
SE1 5NSEast PointAvondale Square£192,8333
SE1 5EZProcter HouseAvondale Square£240,0003
SE1 5AAOld Kent RoadLondon£277,50012
SE15 6SFEdnam HouseFriary Estate£290,7005
SE15 6UUCollinson HouseLindley Estate£299,2504
SE16 3DQWarlingham HouseVarcoe Road£302,6005
SE15 6RYLatona RoadLondon£321,0003
SE15 6TLNorthfield HousePeckham Park Road£331,2504
SE1 5PGMawbey HouseOld Kent Road£332,6663

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