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Thamesmead House Prices

The average house price in Thamesmead is £293,333 using HM Land Registry data.

The average property price increased by £58,687 (18.51%) over the last 5 years and increased by £11,729 (3.22%) over the last 12 months.

Over the last year, there were 138 residential property sales – a decrease of 35 transactions (-25.36%) relative to the previous year. The majority of house sales (33) were in the £308,000 - £352,000 range. Then came properties in the £352,000 - £396,000 range, where 29 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 60 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-9,091 (-2%).

In May 2025, there were 64 new estate agency instructions, 29 agreed home sales and 24 property price reductions.

5-Year Average Property Prices in Thamesmead

18.51%

Property prices in Thamesmead increased by 18.51% 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 Thamesmead Over the Last Year

3.22%

Property prices in Thamesmead increased by 3.22% 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.

Property Market Heat Gauge for Thamesmead - May 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 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 Thamesmead

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 Thamesmead

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 Thamesmead

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 Thamesmead since 1995

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

Recent Property Sales in Thamesmead

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
9 Mallard Path, London, Greater London, SE28 0EU	£325,000	£307,000	-£18,000	19 Nov 2024	10 Feb 2025	83 Days
47 Erebus Drive, London, Greater London, SE28 0GB	£299,995	£295,000	-£4,995	23 Sep 2024	04 Feb 2025	134 Days
43 Passfield Path, London, Greater London, SE28 8BT	£365,000	£355,000	-£10,000	25 Sep 2023	30 Jan 2025	493 Days
56 Hartslock Drive, London, Greater London, SE2 9UT	£270,000	£255,000	-£15,000	25 Nov 2024	29 Jan 2025	65 Days
97 Tideslea Path, London, Greater London, SE28 0LZ	£279,995	£270,000	-£9,995	31 Jul 2024	28 Jan 2025	181 Days
189 Newmarsh Road, London, Greater London, SE28 8TB	£375,000	£360,000	-£15,000	23 Aug 2023	21 Jan 2025	517 Days
15 Warrior Close, London, Greater London, SE28 0NL	£260,000	£260,000	£0	07 May 2024	20 Jan 2025	258 Days
10 Senator Walk, London, Greater London, SE28 0EH	£375,000	£375,000	£0	01 Nov 2024	16 Jan 2025	76 Days
Flat 39, Hill House, Defence Close, London, Greater London, SE28 0NQ	£280,000	£265,000	-£15,000	05 Oct 2023	13 Jan 2025	466 Days
68 Glimpsing Green, Erith, Greater London, DA18 4HD	£180,000	£172,000	-£8,000	22 Jun 2023	08 Jan 2025	566 Days
3 Hartslock Drive, London, Greater London, SE2 9UR	£270,000	£270,000	£0	16 Jul 2024	19 Dec 2024	156 Days
71 Birchdene Drive, London, Greater London, SE28 8RN	£370,000	£370,000	£0	11 Mar 2024	16 Dec 2024	280 Days
173 Newmarsh Road, London, Greater London, SE28 8TB	£450,000	£450,000	£0	18 Jun 2024	13 Dec 2024	178 Days
11 Salhouse Close, London, Greater London, SE28 8LU	£250,000	£250,000	£0	04 Sep 2024	12 Dec 2024	99 Days
52 Dalberg Way, London, Greater London, SE2 9SL	£350,000	£350,000	£0	17 Aug 2024	06 Dec 2024	111 Days
19 Woburn Close, London, Greater London, SE28 8QZ	£230,000	£224,000	-£6,000	17 Jul 2024	06 Dec 2024	142 Days
Flat 47, Osney House, Hartslock Drive, London, Greater London, SE2 9XA	£187,000	£183,000	-£4,000	28 Mar 2024	28 Nov 2024	245 Days
54 Princess Alice Way, London, Greater London, SE28 0HQ	£260,000	£258,500	-£1,500	02 May 2024	22 Nov 2024	204 Days
15 Carronade Place, London, Greater London, SE28 0EE	£600,000	£590,000	-£10,000	24 Jun 2024	22 Nov 2024	151 Days
84 Mangold Way, Erith, Greater London, DA18 4DF	£350,000	£340,000	-£10,000	18 Sep 2023	08 Nov 2024	417 Days

Most Expensive Streets in Thamesmead

Postcode	Street	Area	Average	No. of Sales
SE28 0BF	Allenby Road	London	£487,666	3
SE2 9FF	Crane Court	Harrow Manorway	£453,577	30
SE28 0EE	Carronade Place	London	£441,666	3
SE28 8TH	Grasshaven Way	London	£441,250	4
SE28 0JQ	Battery Road	London	£433,333	3
SE28 0HX	Ridge Close	London	£420,666	3
SE28 0JD	Delisle Road	London	£418,333	3
SE28 0FH	Pier Way	Thamesmead	£407,729	24
SE2 9DU	Swift Court	Tavy Bridge	£401,406	47
SE2 9RY	Sydney Road	London	£400,800	5

Least Expensive Streets in Thamesmead

Postcode	Street	Area	Average	No. of Sales
SE28 8PJ	Eastgate Close	London	£193,250	4
DA18 4HA	Glimpsing Green	Erith	£200,250	4
SE28 8SP	Paradise Path	London	£207,666	3
SE28 8EY	Manor Close	London	£212,916	6
SE28 0PA	Long Acre House	Pettacre Close	£222,550	8
SE28 8QZ	Woburn Close	London	£225,000	5
SE28 0NG	Charlesmere Gardens	Thames Reach	£231,250	6
SE28 0NE	Miles Drive	London	£235,297	4
SE2 9FD	Wagtail Walk	London	£236,031	8
SE28 8FX	Greenhaven Drive	London	£236,500	6