New Cross Gate House Prices, London
New Cross Gate is an area, located in the borough Lewisham.
New Cross Gate House Prices
As of June, 2024, the average house prices in New Cross Gate are as follows:
- studio – £215,000 (2.11%)
- 1 bedroom flat – £295,000 (-1.87%)
- 2 bedroom flat – £450,000 (-3.94%)
- 3 bedroom flat – £750,000 (2.58%)
- 4 bedroom flat – £862,500 (-1.94%)
- 5 bedroom flat – £1,435,000 (-4.33%)
Keep in mind that these are simply the average rates for New Cross Gate 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 New Cross Gate, let’s explore how sales are trending this year.
Selling Trends
- As of June, 2024, the average New Cross Gate house price is £425,000, low by 5.55% as of £449,997 in May, 2024.
- Currently, there are 132 houses for sale and an average of 6 property sales per month. Demand in the real estate market is low, so that price may fall.
Check back next month for updated New Cross Gate house prices.
New Cross Gate House Prices Growth
The average house price in New Cross Gate over the last 5 years is as follows:
- 2019-06 – £430,657
- 2020-06 – £446,633 (3.71%)
- 2021-06 – £481,897 (7.9%)
- 2022-06 – £495,134 (2.75%)
- 2023-06 – £456,555 (-7.79%)
- 2024-06 – £424,825 (-6.95%)
Sold house prices in New Cross Gate have dropped from June, 2023 to June, 2024. Compared to June, 2019, house prices are now down 1%. Therefore, at the moment, you may be able to purchase real estate at a more favourable price than five years ago.
In addition to checking the average New Cross Gate house prices, it’s also wise to keep an eye on house rent prices in New Cross Gate. 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 New Cross Gate.