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Perry Vale House Prices Perry Vale House Prices

The average house price in Perry Vale is £630,357 using HM Land Registry data.

The average property price increased by £100,536 (21.17%) over the last 5 years and increased by £20,093 (3.62%) over the last 12 months.

Over the last year, there were 146 residential property sales – a decrease of 138 transactions (-94.52%) relative to the previous year. The majority of house sales (34) were in the £300,000 - £410,000 range. Then came properties in the £410,000 - £520,000 range, where 33 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 102 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-19,173 (-2%).

In April 2024, there were 33 new estate agency instructions, 26 agreed home sales and 21 property price reductions.

Neighbouring Areas: Bellingham, Catford, Honor Oak, Forest Hill, Sydenham

Postcodes Covered: SE23, SE26, SE6

5-Year Average Property Prices in Perry Vale

21.17%

Property prices in Perry Vale increased by 21.17% 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 Perry Vale Over the Last Year

3.62%

Property prices in Perry Vale increased by 3.62% 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 Perry Vale - 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 Perry Vale

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 Perry Vale

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 Perry Vale

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 Perry Vale since 1995

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

Recent Property Sales in Perry Vale

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
46 Shipman Road, London, Greater London, SE23 2DR£675,000£660,000-£15,00004 Sep 202314 Feb 2024163 Days
15 Aldermoor Road, London, Greater London, SE6 4DL£650,000£635,000-£15,00013 Sep 202312 Feb 2024152 Days
64 Paxton Road, London, Greater London, SE23 2QG£250,000£250,000£0013 Sep 202306 Feb 2024146 Days
106 Selworthy Road, London, Greater London, SE6 4DN£550,000£530,000-£20,00020 Jan 202301 Feb 2024377 Days
Flat 25, Ian Court, Dacres Road, London, Greater London, SE23 2PB£300,000£300,000£0028 Jul 202331 Jan 2024187 Days
59 Elsinore Road, London, Greater London, SE23 2SH£700,000£223,634-£476,36619 Sep 201931 Jan 20241595 Days
98 Kemble Road, Forest Hill, London, Greater London, SE23 2DJ£800,000£779,000-£21,00001 Aug 202312 Jan 2024164 Days
19 Wynell Road, London, Greater London, SE23 2LN£1,100,000£1,030,500-£69,50026 Jul 202320 Dec 2023147 Days
3 Marler Road, London, Greater London, SE23 2AE£850,000£795,000-£55,00019 Jun 202311 Dec 2023175 Days
27 Paxton Road, London, Greater London, SE23 2QG£450,000£430,000-£20,00028 Jun 202317 Nov 2023142 Days
4 Lescombe Close, London, Greater London, SE23 2RR£625,000£610,000-£15,00013 Mar 202315 Nov 2023247 Days
58a, Sunderland Road, London, Greater London, SE23 2PY£550,000£542,500-£7,50013 Apr 202325 Oct 2023195 Days
21 Cranston Road, Forest Hill, London, Greater London, SE23 2HA£850,000£835,000-£15,00008 Aug 202324 Oct 202377 Days
66 Winsford Road, London, Greater London, SE6 4LX£775,000£763,000-£12,00001 Jul 202320 Oct 2023111 Days
111 Woolstone Road, London, Greater London, SE23 2TQ£850,000£850,000£0026 May 202313 Oct 2023140 Days
6 Hindsleys Place, London, Greater London, SE23 2NF£650,000£615,000-£35,00022 Jun 202329 Sep 202399 Days
47b, Elsinore Road, London, Greater London, SE23 2SH£475,000£452,000-£23,00003 Jun 202329 Sep 2023118 Days
10c, Rutland Park, London, Greater London, SE6 4LH£400,000£392,500-£7,50009 Jun 202321 Sep 2023104 Days
16 Marler Road, London, Greater London, SE23 2AD£950,000£920,000-£30,00020 Feb 202315 Sep 2023207 Days
4 Castlands Road, London, Greater London, SE6 4LN£525,000£500,000-£25,00013 Apr 202315 Sep 2023155 Days

Most Expensive Streets in Perry Vale

PostcodeStreetAreaAverageNo. of Sales
SE23 2XHMayow RoadLondon£1,081,2504
SE23 2JBPerry ValeLondon£954,8128
SE23 2RQAllenby RoadLondon£945,7147
SE23 2LPPearfield RoadLondon£911,0005
SE23 2AEMarler RoadLondon£818,1427
SE26 4ABDe Frene RoadLondon£797,3336
SE23 2AJVancouver RoadLondon£769,3663
SE23 2DNTrilby RoadLondon£738,4857
SE23 2NFHindsleys PlaceLondon£738,3333
SE23 2HRNorthwood RoadLondon£736,7229

Least Expensive Streets in Perry Vale

PostcodeStreetAreaAverageNo. of Sales
SE23 2XBStandlake PointWindrush Lane£197,8833
SE23 2NEPerry ValeLondon£233,2504
SE6 4LJPerry HillLondon£245,6254
SE23 2QHPaxton RoadLondon£248,40911
SE23 2XXDeans Gate CloseLondon£267,2504
SE6 4LZHoward Park HousePerry Hill£272,3754
SE23 2QGPaxton RoadLondon£274,7457
SE23 2PBIan CourtDacres Road£282,6096
SE23 2PLCheney CourtWaldram Park Road£295,2506
SE23 2URChurch RiseLondon£301,2504

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