South Woodford House Prices South Woodford House Prices

The average house price in South Woodford is £462,900 using HM Land Registry data.

The average property price increased by £83,189 (13.72%) over the last 5 years and increased by £16,626 (2.47%) over the last 12 months.

Over the last year, there were 120 residential property sales – a decrease of 36 transactions (-30.00%) relative to the previous year. The majority of house sales (35) were in the £300,000 - £470,000 range. Then came properties in the £470,000 - £640,000 range, where 22 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 44 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-28,745 (-3%).

In April 2024, there were 30 new estate agency instructions, 24 agreed home sales and 6 property price reductions.

5-Year Average Property Prices in South Woodford

13.72%

Property prices in South Woodford increased by 13.72% 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 Woodford Over the Last Year

2.47%

Property prices in South Woodford increased by 2.47% 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.

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 Woodford - 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 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in 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 South Woodford

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 Woodford

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 Woodford

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 Woodford since 1995

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

Recent Property Sales in South Woodford

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
1 Ashford Road, London, Greater London, E18 1JZ£775,000£763,000-£12,00010 Aug 202308 Dec 2023120 Days
42 Cleveland Road, London, Greater London, E18 2AL£1,100,000£1,025,000-£75,00015 Jun 202324 Nov 2023162 Days
26 Alveston Square, London, Greater London, E18 1AQ£425,000£395,000-£30,00001 Jun 202320 Oct 2023141 Days
54 Rose Avenue, London, Greater London, E18 1JR£525,000£525,000£0018 Nov 202205 Oct 2023321 Days
3 Ashford Road, London, Greater London, E18 1JZ£750,000£750,000£0016 Feb 202326 Sep 2023222 Days
43 Granville Road, London, Greater London, E18 1LD£650,000£650,000£0026 Aug 202313 Sep 202318 Days
104 Malford Grove, London, Greater London, E18 2DQ£980,000£980,000£0031 Mar 202311 Aug 2023133 Days
47 Malford Grove, London, Greater London, E18 2DY£1,950,000£1,942,000-£8,00007 Mar 202311 Aug 2023157 Days
17 Kingspark Court, London, Greater London, E18 2DD£619,995£301,160-£318,83506 Dec 201728 Jul 20232060 Days
53 Charnwood Drive, London, Greater London, E18 1PF£825,000£825,000£0027 Sep 202211 Jul 2023287 Days
1 Burton Road, London, Greater London, E18 1QA£750,000£725,000-£25,00028 Jan 202307 Jul 2023160 Days
7 Cranbourne Avenue, London, Greater London, E11 2BH£1,350,000£1,350,000£0021 Feb 202315 Jun 2023114 Days
93 Grove Hill, South Woodford, London, Greater London, E18 2JA£875,000£850,000-£25,00027 Dec 202226 May 2023150 Days
Flat 4, Millbrook, Woodford Road, London, Greater London, E18 2EB£449,995£425,000-£24,99511 Oct 202219 May 2023220 Days
6 Cowslip Road, London, Greater London, E18 1JW£645,000£635,000-£10,00005 Jan 202328 Apr 2023113 Days
19a, Cleveland Road, London, Greater London, E18 2AN£725,000£720,000-£5,00004 Jan 202306 Apr 202392 Days
10 Broadwalk, London, Greater London, E18 2DW£1,300,000£1,150,000-£150,00018 Nov 202231 Mar 2023133 Days
Flat 5, Helmsley, Cleveland Road, London, Greater London, E18 2AY£375,000£375,000£0004 Sep 202210 Mar 2023187 Days
49 High View Road, London, Greater London, E18 2HL£1,400,000£1,361,300-£38,70003 Sep 202207 Mar 2023185 Days
13 Alexandra Road, London, Greater London, E18 1PZ£850,000£835,000-£15,00009 Nov 202207 Mar 2023118 Days

Most Expensive Streets in South Woodford

PostcodeStreetAreaAverageNo. of Sales
E18 2DXMalford GroveLondon£1,501,5004
E18 2DYMalford GroveLondon£1,499,2504
E18 2DJBroadwalkLondon£1,411,2504
E18 2ALCleveland RoadLondon£1,383,7504
E18 2DWBroadwalkLondon£1,291,1119
E18 2HLHigh View RoadLondon£1,196,48011
E18 2HUBressey GroveLondon£1,147,6005
E18 2JLHillcrest RoadLondon£1,008,3333
E18 2BALansdowne RoadLondon£997,1577
E18 2DRCheyne AvenueLondon£995,0005

Least Expensive Streets in South Woodford

PostcodeStreetAreaAverageNo. of Sales
E18 2BDGlebelands AvenueLondon£246,72711
E18 1LABeechcroft RoadLondon£294,9983
E18 1NAOnslow GardensLondon£300,2508
E18 1HLFalcon CourtLondon£306,6663
E18 2APTavistock RoadLondon£315,7504
E18 2JXCraig GardensLondon£320,6663
E18 1LFDeborah CourtVictoria Road£323,5003
E18 2HSMalford CourtThe Drive£332,3577
E18 1NJOld Mill CourtChigwell Road£341,0688
E18 1FFChigwell RoadSouth Woodford£343,39711

Explore South Woodford and Neighbouring Area House Prices