Woolwich House Prices, London
Woolwich is an area, located in the borough Greenwich.
Woolwich House Prices
![Woolwich house prices chart Woolwich house prices chart](https://image.howtoestate.com/@howtoestate-website-images/charts/house-prices-area-139.webp)
As of June, 2024, the average house prices in Woolwich are as follows:
- studio – £355,000 (-6.35%)
- 1 bedroom flat – £332,500 (0.96%)
- 2 bedroom flat – £425,000 (-0.79%)
- 3 bedroom flat – £500,000 (-2.64%)
- 4 bedroom flat – £600,000 (0.95%)
- 5 bedroom flat – £505,000 (-2.42%)
Keep in mind that these are simply the average rates for Woolwich 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 Woolwich, let’s explore how sales are trending this year.
Selling Trends
- As of June, 2024, the average Woolwich house price is £425,000, low by 0% as of £425,000 in May, 2024.
- Currently, there are 372 houses for sale and an average of 19 property sales per month. Demand in the real estate market is low, so that price may fall.
Check back next month for updated Woolwich house prices.
Woolwich House Prices Growth
![Woolwich house price growth Woolwich house price growth](https://image.howtoestate.com/@howtoestate-website-images/charts/house-prices-growth-area-139.webp)
The average house price in Woolwich over the last 5 years is as follows:
- 2019-06 – £418,240
- 2020-06 – £390,807 (-6.56%)
- 2021-06 – £382,111 (-2.23%)
- 2022-06 – £395,934 (3.62%)
- 2023-06 – £416,764 (5.26%)
- 2024-06 – £402,565 (-3.41%)
Sold house prices in Woolwich have dropped from June, 2023 to June, 2024. Compared to June, 2019, house prices are now down 3%. 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 Woolwich house prices, it’s also wise to keep an eye on house rent prices in Woolwich. 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 Woolwich.