South East London

Area Guide For South East London

South East London generally includes Southwark, Greenwich, Bexley, Lewisham and Bromley along with major neighbourhoods like Woolwich, Nottingham, Crystal Palace and Dulwich. South London in general has a shaky reputation, but you have to actually experience it yourself before you judge it. There are some really nice neighbourhoods here as well, and property prices are relatively lower compared to other areas.


South East London Map

Estimated Price: £458,310
Average Asking Price: £621,377
Price change in last one year: £47,256
Average Price Paid: £344,859
Average Rent Rates: £1,758


Property Prices Breakdown in South East London

Average Price for property in South East London is around £458,310 which varies based on type of property you are interested in and ranges from £983,664 for detached house to around £599,091 for semi-detached. Similarly terraced house is around £482,723 and a flat is worth £381,519. Values have been changing and have risen £3,234 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £10,444 in last 6 months, £47,256 in last 1 year, £95,633 in last 2 years, £111,057 in last 3 years, £110,966 in last 4 years and £122,083 in last 5 years.

Currently average asking price of a property in South East London is around £621,377 based on approximately 12,025 properties for sale. Same is the case with rental options based on 4,275 properties up for rent, average asking rent is around £1,758 per month.

Estimated property value in South East London is £458,310. Average asking price is £621,377 while average price paid is £401,585 which is up by £47,256 and Avg. asking rent £1,758.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in South East London area. In last 1 year alone average price buyer paid is around £401,585 based on approximately 12,025 sales in South East London area alone. If you compare it to last 3 years sales of 35,458 properties where buyers paid around £360,756. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £344,859 for 54,497 and average amount paid for purchase of approx. 70,059 properties sold in last 7 years comes to about £330,347 per sale.


Properties For Sale in South East London


Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £424,930, £537,208 for a 2 bedroom house, £564,536 for a 3 bedroom house, £778,152 for a 4 bedroom house and £1,051,324 for a 5 bedroom house. For a flat similarly the prices varies from £415,079 for a single bedroom to £554,388 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £930,344, £1,862,392 for a 4 bedroom flat and £1,744,995 for a 5 bedroom flat. To sum up the asking prices for properties in South East London it comes to around average £415,297 for 1 bedroom property, £552,676 for 2 bedroom, £725,835 for 3 bedroom, £924,734 for 4 bedroom and £1,096,474 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £900 for 1 bedroom to £1,735 for 2 bedrooms, £1,953 for 3 bedrooms, £2,597 for 4 bedrooms and £3,313 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,413. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,835, £2,723 for 3 bedroom and £2,696 for 4 bedroom. You should be generally be expecting around average £1,349 rent per month for single bedroom property, £1,826 for 2 bedroom, £2,356 for 3 bedroom, £2,620 for 4 bedroom and approximately £3,313 for a 5 bedroom property in South East London area.

Popular Houses in South East London

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Sold Properties in South East London

Transportation in South East London

Areas in and around South East London