South East London property prices

The average property price in South East London postcode area is £555k. The average price increased by £9.0k (2%) over the last twelve months. The price of an established property is £532k. The price of a newly built property is £691k. There were 8.0k property sales and sales dropped by 32.9% (-4.3k transactions). Most properties were sold in the £500k-£750k price range with 2027 (25.5%) properties sold, followed by £300k-£400k price range with 1807 (22.7%) properties sold.

February 2020 - January 2021

South East London postcode area

England and Wales

£555k

average property price

£314k

average property price

2%

average price percentage change

6%

average price percentage change

£9.0k

average price change

£17.5k

average price change

South East London house prices map

This price map shows the average property price in a given postcode sector between February 2020 - January 2021. The most affordable place was 'SE28 8' with the average price of £279k. The most expensive place was 'SE21 7', £1.9M.

South East London house prices map

South East London house prices compared to other areas

Comparison of the average property price and an average price percentage change by postcode area. Price % change compares the average property price between February 2020 - January 2021 to the average price in the previous 12 months. The size of the circle shows the number of property transactions. The bigger the circle the higher the sales volumes in postcode area.

South East London house prices compared to other areasAverage price percentage change
Average property price

South East London house price rank

With the average price of £555k, South East London is the 11. most pricey postcode area out of 105 England and Wales' postcode areas.

South East London house price rank

South East London property sales share by price range

shows a number of properties sold in a given price range between February 2020 - January 2021.

South East London property sales share by price range
Property price rangeMarket shareSales volumes
£50k-£100k0.1%11
£100k-£150k1.0%83
£150k-£200k2.2%176
£200k-£250k4.1%328
£250k-£300k7.4%591
£300k-£400k22.7%1.8k
£400k-£500k20.4%1.6k
£500k-£750k25.5%2.0k
£750k-£1M9.1%728
over £1M7.4%587

South East London cost comparison of new homes and older homes

February 2020 - January 2021

South East London cost comparison of new homes and older homes

£691k

A newly built property

£532k

An established property

South East London cost comparison of houses and flats

February 2020 - January 2021

South East London cost comparison of houses and flats

£1.1M

Detached

£474k

Flat

£745k

Semi-Detached

£626k

Terraced

South East London real house prices

Yearly average nominal house prices adjusted for inflation.

South East London real house prices

South East London house prices compared to England & Wales' house prices

Yearly average nominal prices

South East London house prices

South East London house prices per square meter

Yearly average nominal prices per square meter.

Average price per square meter

South East London house prices and nearby areas

Yearly average nominal prices

South East London house prices and nearby areas

South East London house prices new vs established

Yearly average nominal prices. Graphs shows a difference between house prices of newly built properties and house prices of established residential properties.

South East London house prices new vs established

South East London house prices by property type

Yearly average nominal prices

South East London house prices by property type

South East London house price to earnings ratio

The median property price to median earnings ratio is ranging between 12.7 in Greenwich and 14.5 in Lambeth. Ie. Greenwich resident with middle-income needs 12.7 gross annual salaries to buy a medium-priced property. Resident in Lambeth needs 14.5 annual salaries. The England and Wales ratio was 7.7 in 2019.
South East London house price to earnings ratio history

Local authorityMedian house price to median salary ratio in 2019
England and Wales7.7
Greenwich12.7
Lewisham12.8
Southwark14.3
Lambeth14.5

Other reports for South East London postcode area

new home prices

property transactions

population statistics

salary and unemployment

home energy certificates

crime statistics

energy costs

home features

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