The south east London boroughs with the most increased detached house prices are Bexley and Lewisham, both seeing an increase of 26 per cent since 2017.
The borough with the highest increase in semi-detached house prices is Bexley, with these houses costing 27 per cent more than they did back in 2017.
Bexley is also the borough with the most increased mortgage rates on terraced houses and flats.
Lewisham
Detached – The average price for a detached property in Lewisham was £1m in December 2022.
This has increased by 26 per cent since 2017.
Semi-detached – The average price for a semi-detached property in Lewisham was £805k in December 2022.
This has increased by 25 per cent since 2017.
Terraced – Typical payments on a 5 year fixed mortgage for an average terraced property in Lewisham is £3,545 with a deposit of £30,000 and a 25 year mortgage.
The average price for a terraced property in Lewisham was £587k in December 2022.
This has increased by 25 per cent since 2017.
Flat – Typical payments on a 5 year fixed mortgage for an average flat in Lewisham is £2,185 with a deposit of £30,000 and a 25 year mortgage.
The average price for a flat property in Lewisham was £373k in December 2022.
This has increased by 8 per cent since 2017.
Greenwich
Detached – The average price for a detached property in Greenwich was £961k in December 2022.
This has increased by 22 per cent since 2017.
Semi-detached – The average price for a semi-detached property in Greenwich was £677k in December 2022.
This has increased by 23 per cent since 2017.
Terraced – Typical payments on a 5 year fixed mortgage for an average terraced property in Greenwich is £3,034 with a deposit of £30,000 and a 25 year mortgage.
The average price for a terraced property in Greenwich was £507k in December 2022.
This has increased by 22 per cent since 2017.
Flat – Typical payments on a 5 year fixed mortgage for an average flat in Greenwich is £2,156 with a deposit of £30,000 and a 25 year mortgage.
The average price for a flat property in Greenwich was £369k in December 2022.
This has increased by 10 per cent since 2017.
Bromley
Detached – The average price for a detached property in Bromley was £1.09M in December 2022.
This has increased by 24% since 2017.
Semi-detached – The average price for a semi-detached property in Bromley was £654k in December 2022.
This has increased by 23 per cent since 2017.
Terraced – Typical payments on a 5 year fixed mortgage for an average terraced property in Bromley is £2,880 with a deposit of £30,000 and a 25 year mortgage.
The average price for a terraced property in Bromley was £483k in December 2022.
This has increased by 22 per cent since 2017.
Flat – Typical payments on a 5 year fixed mortgage for an average flat in Bromley is £1,856 with a deposit of £30,000 and a 25 year mortgage.
The average price for a flat property in Bromley was £322k in December 2022.
This has increased by 6 per cent since 2017.
Bexley
Detached – The average price for a detached property in Bexley was £717k in December 2022.
This has increased by 26 per cent since 2017.
Semi-detached – Typical payments on a 5 year fixed mortgage for an average semi-detached property in Bexley is £3,218 with a deposit of £30,000 and a 25 year mortgage.
The average price for a semi-detached property in Bexley was £536k in December 2022.
This has increased by 27 per cent since 2017.
Terraced – Typical payments on a 5 year fixed mortgage for an average terraced property in Bexley is £2,525 with a deposit of £30,000 and a 25 year mortgage.
The average price for a terraced property in Bexley was £427k in December 2022.
This has increased by 26 per cent since 2017.
Flat – Typical payments on a 5 year fixed mortgage for an average flat in Bexley is £1,441 with a deposit of £30,000 and a 25 year mortgage.
The average price for a flat property in Bexley was £267k in December 2022.
This has increased by 10 per cent since 2017.
