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West Heath House Prices West Heath House Prices

The average house price in West Heath is £487,318 using HM Land Registry data.

The average property price increased by £111,135 (28.01%) over the last 5 years and increased by £22,211 (4.57%) over the last 12 months.

Over the last year, there were 124 residential property sales – a decrease of 52 transactions (-41.94%) relative to the previous year. The majority of house sales (30) were in the £396,000 - £452,000 range. Then came properties in the £452,000 - £508,000 range, where 25 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 97 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-10,196 (-1%).

In April 2024, there were 43 new estate agency instructions, 30 agreed home sales and 19 property price reductions.

Neighbouring Areas: Belvedere, Bexleyheath, East Wickham, Northumberland Heath, Abbey Wood, Plumstead

Postcodes Covered: DA16, DA17, DA7, SE2

5-Year Average Property Prices in West Heath

28.01%

Property prices in West Heath increased by 28.01% 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 West Heath Over the Last Year

4.57%

Property prices in West Heath increased by 4.57% 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 West Heath - 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 West Heath

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 West Heath

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 West Heath

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 West Heath since 1995

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

Recent Property Sales in West Heath

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
14 Lenham Road, Bexleyheath, Greater London, DA7 5LY£550,000£550,000£0004 Aug 202319 Feb 2024199 Days
315 Gipsy Road, Welling, Greater London, DA16 1JA£450,000£420,000-£30,00003 Jul 202310 Jan 2024191 Days
12 Westbourne Road, Bexleyheath, Greater London, DA7 5LG£425,000£410,000-£15,00017 Apr 202321 Dec 2023248 Days
1 Nicola Terrace, 341a, Long Lane, Bexleyheath, Greater London, DA7 5JT£475,000£450,000-£25,00010 Aug 202320 Dec 2023132 Days
63 Abbotts Walk, Bexleyheath, Greater London, DA7 5RL£450,000£445,000-£5,00023 May 202318 Dec 2023209 Days
22 Westbourne Road, Bexleyheath, Greater London, DA7 5LG£375,000£360,000-£15,00012 Sep 202318 Dec 202397 Days
160 Hythe Avenue, Bexleyheath, Greater London, DA7 5NH£675,000£658,000-£17,00018 Sep 202315 Dec 202388 Days
40 Exmouth Road, Welling, Greater London, DA16 1DY£410,000£410,000£0008 Aug 202314 Dec 2023128 Days
6 Osborne Road, Belvedere, Greater London, DA17 5NT£399,000£385,000-£14,00025 Sep 202314 Dec 202380 Days
165 Okehampton Crescent, Welling, Greater London, DA16 1DH£550,000£535,000-£15,00007 Jul 202305 Dec 2023151 Days
302 Bedonwell Road, Belvedere, Greater London, DA17 5NY£450,000£400,000-£50,00023 Aug 202329 Nov 202398 Days
2 Shakespeare Road, Bexleyheath, Greater London, DA7 4SE£625,000£625,000£0021 Aug 202324 Nov 202395 Days
31 King Harolds Way, Bexleyheath, Greater London, DA7 5QU£525,000£512,000-£13,00022 Mar 202322 Nov 2023245 Days
12 Hollingbourne Avenue, Bexleyheath, Greater London, DA7 5EU£650,000£635,000-£15,00003 Jul 202317 Nov 2023137 Days
267a, Brampton Road, Bexleyheath, Greater London, DA7 4TA£475,000£475,000£0011 Jan 202306 Nov 2023299 Days
Flat 3, Arras House, Woolwich Road, London, Greater London, SE2 0PZ£270,000£270,000£0019 Jan 202302 Nov 2023287 Days
5 Seaton Road, Welling, Greater London, DA16 1DT£500,000£490,000-£10,00027 Jun 202331 Oct 2023126 Days
11 Melanie Close, Bexleyheath, Greater London, DA7 5JH£325,000£325,000£0015 Jun 202327 Oct 2023134 Days
152 Lodge Hill, Welling, Greater London, DA16 1BL£450,000£434,000-£16,00017 Jul 202323 Oct 202398 Days
16 Langley Road, Welling, Greater London, DA16 1BQ£315,000£315,000£0017 Apr 202313 Oct 2023179 Days

Most Expensive Streets in West Heath

PostcodeStreetAreaAverageNo. of Sales
DA7 5HWLittle Heath RoadBexleyheath£590,0004
SE2 0RXWest Heath RoadLondon£588,3333
DA7 4SYBrampton RoadBexleyheath£585,0003
DA7 4UQPreston DriveBexleyheath£581,6663
DA7 4TNMayfair AvenueBexleyheath£573,6666
DA16 1DDOkehampton CrescentWelling£565,0003
DA7 4UABerkeley AvenueBexleyheath£563,7504
DA7 4UBBerkeley AvenueBexleyheath£562,5004
DA7 5LYLenham RoadBexleyheath£558,1254
SE2 0PNNew RoadLondon£556,5005

Least Expensive Streets in West Heath

PostcodeStreetAreaAverageNo. of Sales
SE2 0DTMilford CloseLondon£237,00710
SE2 0AUWoolwich RoadLondon£268,0004
DA7 5JHMelanie CloseBexleyheath£282,0006
DA16 1BESandgate RoadWelling£282,3333
DA16 1ARHillsgrove CloseWelling£298,7504
DA7 4SZBrampton RoadBexleyheath£317,6663
SE2 0PTHarvel CrescentLondon£342,0003
DA16 1AXHadlow RoadWelling£355,8577
DA16 1AUElmsted CrescentWelling£356,7504
DA7 5RWAbbotts WalkBexleyheath£369,0815

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