West Norwood House Prices West Norwood House Prices

The average house price in West Norwood is £558,500 using HM Land Registry data.

The average property price increased by £45,630 (8.31%) over the last 5 years and increased by £9,120 (1.56%) over the last 12 months.

Over the last year, there were 136 residential property sales – a decrease of 64 transactions (-47.06%) relative to the previous year. The majority of house sales (35) were in the £290,000 - £412,000 range. Then came properties in the £412,000 - £534,000 range, where 27 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 188 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-18,497 (-2%).

In April 2024, there were 42 new estate agency instructions, 19 agreed home sales and 21 property price reductions.

5-Year Average Property Prices in West Norwood

8.31%

Property prices in West Norwood increased by 8.31% 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 Norwood Over the Last Year

1.56%

Property prices in West Norwood increased by 1.56% 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 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 West 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 West 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 West 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 West Norwood since 1995

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

Recent Property Sales in West Norwood

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
1 Tivoli Road, London, Greater London, SE27 0ED£575,000£560,000-£15,00008 Feb 202412 Feb 20244 Days
10 Dassett Road, London, Greater London, SE27 0UG£850,000£817,000-£33,00001 Feb 202319 Jan 2024352 Days
172 Casewick Road, London, Greater London, SE27 0SZ£475,000£471,000-£4,00003 Oct 202312 Jan 2024101 Days
22 Broxholm Road, London, Greater London, SE27 0LZ£700,000£677,500-£22,50029 Aug 202315 Dec 2023108 Days
8b, Bloom Grove, London, Greater London, SE27 0HZ£325,000£310,000-£15,00005 May 202308 Dec 2023217 Days
8 St Peters Gardens, London, Greater London, SE27 0PN£725,000£707,500-£17,50015 Jun 202329 Nov 2023167 Days
56 Casewick Road, London, Greater London, SE27 0SY£575,000£569,000-£6,00011 May 202327 Nov 2023200 Days
48 Thornlaw Road, London, Greater London, SE27 0SA£800,000£700,000-£100,00021 Aug 202324 Nov 202395 Days
7 Hainthorpe Road, London, Greater London, SE27 0PL£1,250,000£1,225,000-£25,00023 May 202324 Nov 2023185 Days
6 Hainthorpe Road, London, Greater London, SE27 0PH£450,000£420,000-£30,00028 Mar 202301 Nov 2023218 Days
36 Elder Gardens, London, Greater London, SE27 9TJ£300,000£282,000-£18,00004 Jul 202330 Oct 2023118 Days
111 Canterbury Grove, London, Greater London, SE27 0NZ£700,000£660,000-£40,00010 Jul 202313 Oct 202395 Days
19 Roxburgh Road, London, Greater London, SE27 0LB£950,000£900,000-£50,00030 May 202329 Sep 2023122 Days
58 Casewick Road, London, Greater London, SE27 0SY£540,000£530,000-£10,00026 May 202319 Sep 2023116 Days
First Floor Flat, 38, Casewick Road, London, Greater London, SE27 0SY£550,000£527,500-£22,50009 Nov 202218 Sep 2023313 Days
62 Cheviot Road, London, Greater London, SE27 0LG£750,000£730,000-£20,00019 May 202304 Sep 2023108 Days
128c, Thornlaw Road, London, Greater London, SE27 0SB£755,000£730,000-£25,00020 Mar 202304 Sep 2023168 Days
Flat 6, Blackthorn Court, Leigham Court Road, Streatham, London, Greater London, SW16 3QZ£300,000£300,000£0019 May 202331 Aug 2023104 Days
33 Royal Circus, London, Greater London, SE27 0BW£1,100,000£1,075,000-£25,00003 Mar 202329 Aug 2023179 Days
8 Portal Close, London, Greater London, SE27 0BN£900,000£900,000£0024 Aug 202221 Aug 2023362 Days

Most Expensive Streets in West Norwood

PostcodeStreetAreaAverageNo. of Sales
SE27 0PLHainthorpe RoadLondon£1,033,3333
SE27 0LDRoxburgh RoadLondon£898,5405
SE27 0RHWolfington RoadLondon£898,2328
SE27 0PGSelsdon RoadLondon£892,77211
SE27 0NEUffington RoadLondon£872,5003
SE27 0SELamberhurst RoadLondon£856,0005
SE27 0BWRoyal CircusLondon£841,2504
SE27 0TBCasewick RoadLondon£840,9287
SE27 0PDThurlestone RoadLondon£831,8754
SE27 0LGCheviot RoadLondon£825,50011

Least Expensive Streets in West Norwood

PostcodeStreetAreaAverageNo. of Sales
SE27 0QDCedars HouseCedar Tree Grove£263,5004
SW16 3HYFern LodgeCrown Lane£265,0004
SW16 3HNMonarch MewsLondon£267,3754
SE27 9TJElder GardensLondon£280,4005
SE27 9NWNorwood High StreetLondon£285,0004
SW16 3QXAsh CourtLeigham Court Road£288,3333
SE27 9TRHogarth HouseBentons Lane£290,5003
SE27 0SGLeaf GroveLondon£295,8754
SW16 2JLKnollys RoadLondon£326,1663
SW16 3QZBlackthorn CourtLeigham Court Road£326,6663

Explore West Norwood and Neighbouring Area House Prices