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Plumstead House Prices Plumstead House Prices

The average house price in Plumstead is £439,957 using HM Land Registry data.

The average property price increased by £65,696 (17.86%) over the last 5 years and increased by £13,163 (3.13%) over the last 12 months.

Over the last year, there were 156 residential property sales – a decrease of 46 transactions (-29.49%) relative to the previous year. The majority of house sales (41) were in the £374,000 - £426,000 range. Then came properties in the £426,000 - £478,000 range, where 31 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 220 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-10,499 (-2%).

In February 2025, there were 35 new estate agency instructions, 28 agreed home sales and 16 property price reductions.

Neighbouring Areas: East Wickham, West Heath, Abbey Wood, Shooter's Hill, Woolwich, Thamesmead

Postcodes Covered: SE18, SE2, SE28

5-Year Average Property Prices in Plumstead

17.86%

Property prices in Plumstead increased by 17.86% 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 Plumstead Over the Last Year

3.13%

Property prices in Plumstead increased by 3.13% 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 Plumstead - February 2025

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 Plumstead

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 Plumstead

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 Plumstead

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 Plumstead since 1995

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

Recent Property Sales in Plumstead

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
134 Kirkham Street, London, Greater London, SE18 2EN£400,000£400,000£007 Sep 202420 Jan 2025135 Days
77 Woodbrook Road, London, Greater London, SE2 0PB£400,000£390,000-£10,00013 Aug 202407 Jan 2025147 Days
58 Wernbrook Street, London, Greater London, SE18 7RX£525,000£525,000£030 Aug 202419 Dec 2024111 Days
69 Bastion Road, London, Greater London, SE2 0RH£425,000£420,500-£4,50026 Jun 202419 Dec 2024176 Days
20 Isla Road, London, Greater London, SE18 3AA£630,000£597,000-£33,00003 Jun 202418 Dec 2024198 Days
14 Eastview Avenue, London, Greater London, SE18 2HT£465,000£460,000-£5,00015 Apr 202417 Dec 2024246 Days
39 Bastion Road, London, Greater London, SE2 0RH£450,000£450,000£026 Jul 202417 Dec 2024144 Days
105 Kirkham Street, London, Greater London, SE18 2EL£380,000£380,000£009 Sep 202404 Dec 202486 Days
11 Rowton Road, London, Greater London, SE18 2TE£575,000£555,000-£20,00031 Jul 202426 Nov 2024118 Days
3 Tuam Road, London, Greater London, SE18 2QX£580,000£580,000£022 May 202415 Nov 2024177 Days
8 Macoma Road, London, Greater London, SE18 2QP£625,000£610,000-£15,00021 Aug 202407 Nov 202478 Days
115 Brewery Road, London, Greater London, SE18 1NE£449,995£442,000-£7,99526 Apr 202425 Oct 2024182 Days
80 Plum Lane, London, Greater London, SE18 3AQ£599,950£587,000-£12,95022 May 202425 Oct 2024156 Days
35 Miriam Road, London, Greater London, SE18 1RF£400,000£399,900-£10026 Mar 202424 Oct 2024212 Days
2 Church Manorway, London, Greater London, SE2 0HY£485,000£478,500-£6,50010 Jul 202414 Oct 202496 Days
6 Myra Street, London, Greater London, SE2 0HA£375,000£375,000£015 Feb 202430 Aug 2024197 Days
17 Majendie Road, London, Greater London, SE18 7QB£400,000£384,000-£16,00014 Dec 202314 Aug 2024244 Days
7a, Heavitree Road, London, Greater London, SE18 7RA£320,000£315,000-£5,00020 Feb 202412 Aug 2024174 Days
135 Alabama Street, London, Greater London, SE18 2SW£360,000£355,000-£5,00010 Apr 202409 Aug 2024121 Days
2 Garibaldi Street, London, Greater London, SE18 1DE£325,000£315,000-£10,00015 Apr 202401 Aug 2024108 Days

Most Expensive Streets in Plumstead

PostcodeStreetAreaAverageNo. of Sales
SE18 3AAIsla RoadLondon£626,8754
SE18 2QUTuam RoadLondon£593,3059
SE18 2QPMacoma RoadLondon£579,3754
SE18 2RTPlumstead Common RoadLondon£571,90010
SE18 2QLMacoma RoadLondon£570,4166
SE18 1RLChestnut RiseLondon£569,5003
SE18 3HAVambery RoadLondon£560,8336
SE18 7PZGriffin RoadPlumstead£542,6663
SE18 2QREnnis RoadLondon£541,0004
SE18 3EYVernham RoadLondon£524,0003

Least Expensive Streets in Plumstead

PostcodeStreetAreaAverageNo. of Sales
SE18 2AFBlack Prince StreetLondon£226,6119
SE18 1HEPlumstead High StreetLondon£236,6663
SE18 2NWHeathfield TerraceLondon£243,3333
SE2 0RFGatling RoadLondon£252,0004
SE18 1EWBrookdene RoadLondon£259,1254
SE18 1NTSaunders RoadLondon£263,3333
SE18 2PHPendrell StreetLondon£269,5004
SE18 1PJTynemouth RoadLondon£270,0003
SE18 1BAOrchard RoadLondon£273,7506
SE18 2UQPlumstead Common RoadLondon£275,0003

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