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South Norwood House Prices South Norwood House Prices

The average house price in South Norwood is £391,012 using HM Land Registry data.

The average property price increased by £74,187 (21.69%) over the last 5 years and increased by £14,827 (3.69%) over the last 12 months.

Over the last year, there were 264 residential property sales – a decrease of 162 transactions (-61.36%) relative to the previous year. The majority of house sales (47) were in the £424,000 - £492,000 range. Then came properties in the £356,000 - £424,000 range, where 45 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 92 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-15,276 (-2%).

In April 2024, there were 77 new estate agency instructions, 35 agreed home sales and 33 property price reductions.

Neighbouring Areas: Selhurst, Thornton Heath, Elmers End, Shirley, Crystal Palace, Addiscombe

Postcodes Covered: CR0, CR7, SE19, SE25

5-Year Average Property Prices in South Norwood

21.69%

Property prices in South Norwood increased by 21.69% 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 South Norwood Over the Last Year

3.69%

Property prices in South Norwood increased by 3.69% 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 South Norwood - 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 South Norwood

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 South Norwood

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 South Norwood

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 South Norwood since 1995

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

Recent Property Sales in South Norwood

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
10 Sundial Avenue, London, Greater London, SE25 4BX£685,000£680,000-£5,00007 Aug 202316 Feb 2024193 Days
32 Kings Road, London, Greater London, SE25 4ES£475,000£468,000-£7,00014 Sep 202309 Feb 2024148 Days
261 Albert Road, London, Greater London, SE25 4RN£399,950£383,000-£16,95022 Apr 202303 Jan 2024256 Days
20 Sandown Road, London, Greater London, SE25 4XE£430,000£414,000-£16,00016 Jun 202320 Dec 2023187 Days
30a, Lancaster Road, London, Greater London, SE25 4AF£375,000£365,000-£10,00014 Jun 202320 Dec 2023189 Days
25 Malden Avenue, London, Greater London, SE25 4HR£550,000£550,000£0003 Jul 202315 Dec 2023165 Days
37 Anthony Road, London, Greater London, SE25 5HA£399,950£379,500-£20,45019 Jul 202315 Dec 2023149 Days
11 Brocklesby Road, London, Greater London, SE25 4LB£375,000£354,300-£20,70023 Aug 202315 Dec 2023114 Days
49a, Warminster Road, London, Greater London, SE25 4DQ£500,000£495,000-£5,00023 Aug 202315 Dec 2023114 Days
31 Lonsdale Road, London, Greater London, SE25 4JJ£550,000£525,000-£25,00016 Jun 202308 Dec 2023175 Days
73 Ferndale Road, London, Greater London, SE25 4QR£435,000£415,000-£20,00004 May 202327 Nov 2023207 Days
9 Warminster Road, London, Greater London, SE25 4DP£299,995£210,000-£89,99528 Apr 201621 Nov 20232763 Days
185 Harrington Road, London, Greater London, SE25 4NW£500,000£495,500-£4,50008 May 202314 Nov 2023190 Days
10a, Balfour Road, London, Greater London, SE25 5JX£325,000£322,000-£3,00017 Jul 202310 Nov 2023116 Days
10 Davies Close, Croydon, Greater London, CR0 6EX£440,000£430,000-£10,00006 Jul 202301 Nov 2023118 Days
Flat 1, Becton Court, Holmesdale Road, London, Greater London, SE25 6HS£200,000£195,000-£5,00003 Jul 202331 Oct 2023120 Days
56 Davies Close, Croydon, Greater London, CR0 6EX£180,000£170,000-£10,00019 Jul 202330 Oct 2023103 Days
89 Belmont Road, London, Greater London, SE25 4QG£475,000£450,000-£25,00028 Jun 202327 Oct 2023121 Days
16 Notson Road, London, Greater London, SE25 4JZ£425,000£415,000-£10,00018 Jul 202326 Oct 2023100 Days
6 Cargreen Road, London, Greater London, SE25 5AF£500,000£420,000-£80,00008 Mar 202326 Oct 2023232 Days

Most Expensive Streets in South Norwood

PostcodeStreetAreaAverageNo. of Sales
SE25 4ADWoodvale AvenueLondon£698,4287
SE25 4BTSouthern AvenueSouth Norwood£675,0003
SE25 4BXSundial AvenueLondon£622,3754
SE25 4BNCourt RoadLondon£621,3758
SE25 4BLLancaster RoadLondon£606,9984
SE25 4BYNorhyrst AvenueLondon£601,74911
SE25 4BSSouthern AvenueLondon£579,4449
SE25 5FNPhyllis Pearse MewsLondon£570,0005
SE25 4DLWarminster RoadLondon£565,7833
SE25 4BZNorhyrst AvenueLondon£564,5004

Least Expensive Streets in South Norwood

PostcodeStreetAreaAverageNo. of Sales
SE25 4TZSunny BankLondon£120,90010
SE25 5FLDickensons PlaceLondon£137,0833
SE25 5JQShinners CloseLondon£163,0003
SE25 5HNCoe AvenueLondon£178,0004
SE25 6EBHigh StreetLondon£180,7504
SE25 6LHSelhurst RoadLondon£184,3333
SE25 6XBWhitehorse LaneLondon£197,1663
SE25 6AASouth Norwood HillLondon£201,6663
SE25 5BJHoward RoadLondon£204,3435
SE25 6LUClifton CourtSelhurst Road£221,3754

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