House Prices in SE28 House Prices in SE28 (London)

The average house price in SE28 (London) is £376,833 using HM Land Registry data.

The average property price increased by £73,361 (24.03%) over the last 5 years and increased by £14,666 (4.03%) over the last 12 months.

Over the last year, there were 162 residential property sales – a decrease of 86 transactions (-53.09%) relative to the previous year. The majority of house sales (46) were in the £316,000 - £364,000 range. Then came properties in the £364,000 - £412,000 range, where 30 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 190 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-11,957 (-3%).

In Mar 2026, there were 50 new estate agency instructions, 23 agreed home sales and 26 property price reductions.

5-Year Average Property Prices in SE28 (London)

24.03%

Property prices in SE28 (London) increased by 24.03% 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 SE28 (London) Over the Last Year

4.03%

Property prices in SE28 (London) increased by 4.03% 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 SE28 (London) - Mar 2026

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 SE28 (London)

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 SE28 (London)

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 SE28 (London)

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 SE28 (London) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the SE28 postcode area since 1995.

Recent Sales in SE28 (London)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
37 Pitfield Crescent, London, SE28 8RG£225,000£215,000-£10,00026 Aug 202516 Dec 2025112 Days
13 Avocet Mews, London, SE28 0DA£375,000£365,000-£10,00018 Jul 202515 Dec 2025150 Days
22 Glendale Way, London, SE28 8HA£475,000£470,000-£5,00021 Jul 202509 Dec 2025141 Days
145 Greenhaven Drive, London, SE28 8FT£270,000£260,000-£10,00017 Mar 202509 Dec 2025267 Days
19 Goldfinch Road, London, SE28 0DE£325,000£317,500-£7,50010 Apr 202501 Dec 2025235 Days
Flat 27, Long Acre House, Pettacre Close, London, SE28 0PA£310,000£310,000£008 Feb 202527 Nov 2025292 Days
40 Surlingham Close, London, SE28 8NE£335,000£327,500-£7,50029 Mar 202527 Nov 2025243 Days
43 Kingfisher Close, London, SE28 8ES£475,000£465,000-£10,00014 Aug 202521 Nov 202599 Days
124 Wren Path, London, SE28 0DY£400,000£372,500-£27,50022 Apr 202520 Nov 2025212 Days
37 Surlingham Close, London, SE28 8NE£335,000£312,000-£23,00030 May 202507 Nov 2025161 Days
64 Birchdene Drive, London, SE28 8RP£375,000£357,000-£18,00024 Mar 202503 Oct 2025193 Days
25 Hill View Drive, London, SE28 0LJ£350,000£345,000-£5,00031 Mar 202522 Sep 2025175 Days
8 Walsham Close, London, SE28 8ND£270,000£265,000-£5,00015 May 202519 Sep 2025127 Days
4 Kentlea Road, London, SE28 0JP£490,000£445,000-£45,00025 Mar 202516 Sep 2025175 Days
11 Wroxham Road, London, SE28 8NB£375,000£353,000-£22,00013 Oct 202415 Sep 2025337 Days
13 Silver Birch Close, London, SE28 8RW£400,000£385,000-£15,00015 Oct 202415 Sep 2025335 Days
4 Bertrand Way, London, SE28 8LL£330,000£320,000-£10,00004 Jun 202511 Sep 202599 Days
Flat 6, Charlesmere Gardens, Thames Reach, London, SE28 0NG£260,000£245,000-£15,00005 Feb 202505 Sep 2025212 Days
38 Garrick Drive, London, SE28 0EQ£270,000£270,000£003 Jan 202518 Aug 2025227 Days
Flat 30, Tricorn House, Miles Drive, London, SE28 0ND£325,000£314,000-£11,00024 Feb 202518 Aug 2025175 Days

Most Expensive Streets in SE28 (London)

PostcodeStreetAreaAverageNo. of Sales
SE28 0BFAllenby RoadLondon£487,6663
SE28 8THGrasshaven WayLondon£475,0004
SE28 8HAGlendale WayLondon£463,3333
SE28 0JQBattery RoadLondon£447,5004
SE28 8PWPointer CloseLondon£436,6663
SE28 8FRGreenhaven DriveLondon£421,8128
SE28 8TJGrasshaven WayLondon£420,0004
SE28 0EECarronade PlaceLondon£416,2504
SE28 0PLRyley House, Vousden GroveLondon£415,40944
SE28 0FHPier Way, ThamesmeadLondon£407,25829

Least Expensive Streets in SE28 (London)

PostcodeStreetAreaAverageNo. of Sales
SE28 8PJEastgate CloseLondon£179,5605
SE28 8QTFairway DriveLondon£206,6663
SE28 8EYManor CloseLondon£226,3754
SE28 0PALong Acre House, Pettacre CloseLondon£230,6119
SE28 0DQHarrier MewsLondon£232,4166
SE28 8HGKinder CloseLondon£237,2484
SE28 0NGCharlesmere Gardens, Thames ReachLondon£238,9287
SE28 8QZWoburn CloseLondon£247,3333
SE28 0NLWarrior CloseLondon£249,6647
SE28 8FXGreenhaven DriveLondon£249,8005

Explore SE28 (London) using map

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