Greenwich House Prices, London
Greenwich is a borough, located in London.
Greenwich House Prices
As of June, 2024, the average house prices in Greenwich are as follows:
- studio – £355,000 (0.55%)
- 1 bedroom flat – £350,000 (-0.06%)
- 2 bedroom flat – £450,000 (-2.58%)
- 3 bedroom flat – £550,000 (-4.21%)
- 4 bedroom flat – £725,000 (-6.38%)
- 5 bedroom flat – £1,150,000 (-2.67%)
Keep in mind that these are simply the average rates for Greenwich house prices, so you can find quality properties for more or less than these numbers. In addition to this month’s sold house prices in Greenwich, let’s explore how sales are trending this year.
Selling Trends
- As of June, 2024, the average Greenwich house price is £475,000, low by 0% as of £475,000 in May, 2024.
- Currently, there are 3,934 houses for sale and an average of 102 property sales per month. Demand in the real estate market is low, so that price may fall.
Check back next month for updated Greenwich house prices.
Greenwich House Prices Growth
The average house price in Greenwich over the last 5 years is as follows:
- 2019-06 – £421,581
- 2020-06 – £434,190 (2.99%)
- 2021-06 – £430,726 (-0.8%)
- 2022-06 – £446,839 (3.74%)
- 2023-06 – £463,621 (3.76%)
- 2024-06 – £457,638 (-1.29%)
Sold house prices in Greenwich have dropped from June, 2023 to June, 2024. Compared to June, 2019, house prices are now up 8%. Thus, if the trend continues, purchasing real estate in Greenwich in the current climate could be favourable, with the potential for an attractive profit in the future.
In addition to checking the average Greenwich house prices, it’s also wise to keep an eye on house rent prices in Greenwich. If you aren’t quite ready to buy or want to purchase an investment property, it’s a good idea to stay up-to-date on the latest rent rates!
Check back to HowToEstate soon for updated prices on renting, buying, and selling property in Greenwich.
Read more about Greenwich areas: Abbey Wood, Blackheath, Deptford, Eltham, Greenwich Peninsula, Kidbrooke, Middle Park, New Eltham, Plumstead, Thamesmead, Woolwich.