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Oval House Prices

The average house price in Oval is £532,416 using HM Land Registry data.

The average property price increased by £14,630 (2.41%) over the last 5 years and increased by £2,924 (0.47%) over the last 12 months.

Over the last year, there were 136 residential property sales – a decrease of 97 transactions (-71.32%) relative to the previous year. The majority of house sales (50) were in the £330,000 - £476,000 range. Then came properties in the £476,000 - £622,000 range, where 37 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 61 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-21,830 (-2%).

In April 2024, there were 39 new estate agency instructions, 16 agreed home sales and 17 property price reductions.

5-Year Average Property Prices in Oval

2.41%

Property prices in Oval increased by 2.41% 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 Oval Over the Last Year

0.47%

Property prices in Oval increased by 0.47% 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.

Property Market Heat Gauge for Oval - 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 Oval

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 Oval

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 Oval

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 Oval since 1995

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

Recent Property Sales in Oval

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
115b, Burton Road, London, Greater London, SW9 6TG	£1,200,000	£600,000	-£600,000	02 Nov 2023	23 Feb 2024	113 Days
First, Second And Third Floor Flat At, 71, Tradescant Road, London, Greater London, SW8 1XJ	£750,000	£737,777	-£12,223	10 Aug 2023	19 Jan 2024	162 Days
Flat 15, Plover House, Brixton Road, London, Greater London, SW9 6DW	£350,000	£340,000	-£10,000	02 Sep 2023	08 Jan 2024	128 Days
Flat 21, Macartney House, Gosling Way, London, Greater London, SW9 6JR	£450,000	£450,000	£00	21 Aug 2023	11 Dec 2023	112 Days
65 Tradescant Road, London, Greater London, SW8 1XJ	£850,000	£305,000	-£545,000	25 Jun 2019	05 Dec 2023	1624 Days
21 Walton Close, London, Greater London, SW8 2UJ	£750,000	£736,000	-£14,000	03 Aug 2023	17 Nov 2023	106 Days
Flat 23, Swift House, Cranmer Road, London, Greater London, SW9 6DU	£350,000	£348,000	-£2,000	22 Mar 2023	17 Nov 2023	240 Days
Flat 10, Elworth House, Oval Place, London, Greater London, SW8 1BD	£359,950	£345,000	-£14,950	03 Apr 2023	16 Nov 2023	227 Days
Flat 2, Bromstone House, Gosling Way, London, Greater London, SW9 6LR	£400,000	£385,000	-£15,000	12 Apr 2023	31 Oct 2023	202 Days
49a, Richborne Terrace, London, Greater London, SW8 1AT	£585,000	£557,500	-£27,500	16 Jun 2023	27 Oct 2023	133 Days
99e, Vassall Road, London, Greater London, SW9 6NH	£390,000	£385,000	-£5,000	20 Mar 2023	27 Oct 2023	221 Days
8 Bedser Close, London, Greater London, SE11 5BE	£1,200,000	£1,200,000	£00	29 Jun 2023	26 Oct 2023	119 Days
118 Paulet Road, London, Greater London, SE5 9JF	£330,000	£320,000	-£10,000	21 Sep 2022	24 Oct 2023	398 Days
Top Floor Flat, 108, Clapham Road, London, Greater London, SW9 0JU	£560,000	£537,500	-£22,500	13 Oct 2017	20 Oct 2023	2198 Days
35 Heyford Avenue, Kennington, London, Greater London, SW8 1EA	£615,000	£590,000	-£25,000	01 Nov 2016	02 Oct 2023	2526 Days
30 Salisbury Place, London, Greater London, SW9 6UW	£400,000	£382,500	-£17,500	02 May 2023	02 Oct 2023	153 Days
Flat 45, Grace House, Vauxhall Street, London, Greater London, SE11 5RP	£338,000	£335,000	-£3,000	07 Mar 2023	29 Sep 2023	206 Days
30 Mandela Street, London, Greater London, SW9 6EL	£325,000	£300,000	-£25,000	18 Apr 2023	25 Sep 2023	160 Days
42a, Foxley Road, London, Greater London, SW9 6ES	£585,000	£575,000	-£10,000	21 Jun 2023	25 Sep 2023	96 Days
115 Fentiman Road, London, Greater London, SW8 1JZ	£2,200,000	£2,150,000	-£50,000	11 Jul 2023	06 Sep 2023	57 Days

Most Expensive Streets in Oval

Postcode	Street	Area	Average	No. of Sales
SW8 1LH	Fentiman Road	London	£2,086,666	3
SW8 1JZ	Fentiman Road	London	£1,558,928	7
SW8 1JR	Regents Bridge Gardens	London	£1,461,250	6
SW8 1DB	Wilkinson Street	London	£1,425,666	3
SW8 1BH	Aldebert Terrace	London	£1,369,500	3
SE5 9RA	Cormont Road	London	£1,277,916	6
SW8 1BS	Albert Square	London	£1,268,750	4
SE5 9LP	Calais Street	London	£1,251,500	9
SE5 9RD	Brief Street	London	£1,219,133	3
SW8 1XF	Walberswick Street	London	£1,183,506	3

Least Expensive Streets in Oval

Postcode	Street	Area	Average	No. of Sales
SE11 5SU	Rothesay Court	Harleyford Street, London	£284,166	3
SW9 7DX	Eythorne Road	London	£314,921	7
SW8 2UD	Wilcox Close	London	£328,509	3
SW8 2TX	Mawbey Street	London	£329,333	3
SW9 6PE	Evesham Walk	London	£336,000	4
SW9 6FS	Bourbon Road	London	£337,642	7
SW9 6JX	Kingsgate House	Gosling Way	£345,841	6
SW8 1UT	South Lambeth Road	London	£349,983	3
SW8 1QR	South Lambeth Road	London	£350,333	3
SW9 7BL	Eythorne Road	London	£353,750	4