Woolwich House Prices Woolwich House Prices

The average house price in Woolwich is £417,500 using HM Land Registry data.

The average property price decreased by £84,524 (--17.68%) over the last 5 years and decreased by £16,893 (--4.12%) over the last 12 months.

Over the last year, there were 231 residential property sales – a decrease of 144 transactions (-62.34%) relative to the previous year. The majority of house sales (51) were in the £360,000 - £440,000 range. Then came properties in the £280,000 - £360,000 range, where 48 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 58 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-9,764 (-1%).

In April 2024, there were 65 new estate agency instructions, 26 agreed home sales and 33 property price reductions.

5-Year Average Property Prices in Woolwich

-17.68%

Property prices in Woolwich decreased by -17.68% 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 Woolwich Over the Last Year

-4.12%

Property prices in Woolwich decreased by -4.12% 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 Woolwich - 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 Woolwich

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 Woolwich

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 Woolwich

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 Woolwich since 1995

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

Recent Property Sales in Woolwich

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
Flat 29, Building 45, Hopton Road, London, Greater London, SE18 6TH£400,000£400,000£0024 Jan 202202 Jan 2024708 Days
Flat 21, Building 22, Cadogan Road, London, Greater London, SE18 6YS£335,000£325,000-£10,00014 Aug 202308 Dec 2023116 Days
40 Church Hill, London, Greater London, SE18 5NB£195,000£190,000-£5,00012 Jun 202310 Nov 2023151 Days
Apartment 155, Building 50, Argyll Road, London, Greater London, SE18 6PL£450,000£430,000-£20,00024 Mar 202310 Nov 2023231 Days
18 St Margarets Grove, London, Greater London, SE18 7RL£675,000£642,500-£32,50003 May 202303 Nov 2023184 Days
68 Sandy Hill Road, London, Greater London, SE18 7AZ£425,000£406,381-£18,61906 May 202326 Oct 2023173 Days
Flat 8, Building 46, Marlborough Road, London, Greater London, SE18 6TA£785,000£785,000£0007 Aug 202326 Oct 202380 Days
20 Hudson Place, London, Greater London, SE18 7SL£375,000£340,000-£35,00019 May 202323 Oct 2023157 Days
Apartment 214, Building 50, Argyll Road, London, Greater London, SE18 6PL£595,000£595,000£0024 Feb 202320 Oct 2023238 Days
Apartment 132, Building 50, Argyll Road, London, Greater London, SE18 6PJ£405,000£400,000-£5,00001 Dec 202229 Sep 2023302 Days
181 Sandy Hill Road, London, Greater London, SE18 7BB£400,000£350,000-£50,00027 Feb 202329 Sep 2023214 Days
98a, Woodhill, London, Greater London, SE18 5JF£325,000£310,000-£15,00019 Apr 202326 Sep 2023160 Days
Flat 58, Building 45, Hopton Road, London, Greater London, SE18 6TH£589,000£569,500-£19,50022 May 202321 Sep 2023122 Days
Flat 22, Building 49, Argyll Road, London, Greater London, SE18 6XB£475,000£450,000-£25,00023 Feb 202315 Sep 2023204 Days
Flat 3, Crales House, Harlinger Street, London, Greater London, SE18 5ST£250,000£237,500-£12,50023 Dec 202207 Sep 2023258 Days
Apartment 39, Building 50, Argyll Road, London, Greater London, SE18 6PG£425,000£410,000-£15,00003 Nov 202204 Sep 2023305 Days
63 Lamport Close, London, Greater London, SE18 5PZ£200,000£190,000-£10,00008 Dec 202216 Aug 2023251 Days
91 Ruston Road, London, Greater London, SE18 5QX£500,000£475,000-£25,00025 Oct 202210 Aug 2023289 Days
6 Cadogan Road, London, Greater London, SE18 6SN£840,000£831,000-£9,00013 Jan 202308 Aug 2023207 Days
17 Bignell Road, London, Greater London, SE18 6SB£350,000£346,500-£3,50021 Apr 202304 Aug 2023105 Days

Most Expensive Streets in Woolwich

PostcodeStreetAreaAverageNo. of Sales
SE18 6NQDeveraux HouseDuke Of Wellington Avenue£1,008,7506
SE18 6PDNorton HouseDuke Of Wellington Avenue£723,18635
SE18 6NUBrigadier WalkLondon£717,22711
SE18 6EYNorton HouseDuke Of Wellington Avenue£698,86377
SE18 6SYHastings StreetLondon£661,6258
SE18 6TABuilding 46Marlborough Road£636,8754
SE18 6NXHampton ApartmentsDuke Of Wellington Avenue£632,10010
SE18 6RUBuilding 47Marlborough Road£595,2787
SE18 6GDMajor Draper StreetLondon£583,3333
SE18 6QNBrigadier WalkLondon£582,29649

Least Expensive Streets in Woolwich

PostcodeStreetAreaAverageNo. of Sales
SE18 6JGCalderwood StreetLondon£125,9005
SE18 6NSThunderer WalkLondon£131,7184
SE18 5DNChurchill CourtRush Grove Street, London£150,5717
SE18 6JFCalderwood StreetLondon£162,6005
SE18 6JHCalderwood StreetLondon£163,1666
SE18 6GJEast Carriage HouseRoyal Carriage Mews£176,9449
SE18 6FWVictory ParadeLondon£195,45020
SE18 7EXSandbach PlaceLondon£205,0003
SE18 5NBChurch HillLondon£207,5004
SE18 6GNEast Carriage HouseRoyal Carriage Mews£217,5004

Explore Woolwich and Neighbouring Area House Prices