South East London newly built property prices

The price of a newly built property is £649k in South East London postcode area. The price declined by £-69.9k (-10%) over the last twelve months. The price of an established property is £558k. There were 335 sales of newly build properties. Most new properties were sold in the £500k-£750k price range with 123 (36.7%) properties sold, followed by £750k-£1M price range with 86 (25.7%) properties sold. Most new homes were sold in SE17 1, with 114 sold to date from June 2024 - May 2025.

June 2024 - May 2025South East London postcode areaEngland & Wales
Average price of a new home£649k£384k

Average price change
-10%
£-69.9k
-2%
£-6.6k

South East London cost comparison of new homes and older homes

June 2024 - May 2025

South East London cost comparison of new homes and older homes

New or establishedAverage price
A newly built property£649k
An established property£558k

South East London sales share of new homes and older homes

June 2024 - May 2025

South East London sales share of new homes and older homes

3.4%

A newly built property

335

96.6%

An established property

9.5k

9.8k

total sales volume

South East London map of sales of new properties

shows the total volume of new homes sold a given postcode sector.

South East London map of sales of new properties

South East London new home sales share by price range

shows a sales volume of new homes in a given price range between June 2024 - May 2025. See also South East London property sales reports.

South East London new home sales share by price range

Property price rangeMarket shareSales volume
£100k-£150k0.3%1
£250k-£300k2.7%9
£300k-£400k7.2%24
£400k-£500k23.3%78
£500k-£750k36.7%123
£750k-£1M25.7%86
over £1M4.2%14

South East London cost comparison of new houses and new flats

June 2024 - May 2025

South East London cost comparison of new houses and new flats

£631k

Flat

£825k

Terraced

South East London sales share of new houses and new flats

June 2024 - May 2025

South East London sales share of new houses and new flats

90.4%

Flat

303

9.6%

Terraced

32

South East London real new home prices

Yearly average nominal house prices adjusted for inflation

South East London real new home prices

South East London new home prices compared to England & Wales' new home prices

Yearly average nominal prices

South East London new home prices

South East London new home prices and nearby areas

Yearly average nominal prices

South East London new home prices and nearby areas

South East London house prices new vs established

Yearly average nominal prices

South East London house prices new vs established

South East London annual sales of new homes and older homes

Total sales volumes by year

South East London annual sales of new homes and older homes

Plumplot area insights - interactive charts and maps

Plumplot area insights - interactive maps and charts

Next for South East London postcode area

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