House prices in Lewisham have soared by an average of over £12,000 in the month of March, according to figures from the Land Registry.
The latest data from the government department reveals that in March 2022 average house prices in Lewisham reached £446,777.
This was up from £434,554 in February, representing over a 2.8 per cent increase. In the last 12 months it has fallen by -0.5 per cent.
How much have house prices increased in Lewisham?
Breaking it down for specific types of housing, all prices saw an increase.
- Detached houses - Up to £946,654 from £917,867 in February
- Semi-detached houses - Up to £757,577 from £732,732 in February
- Terraced houses - Up to £545,931 from £529,588 in February
- Flats - Up to £360,909 from £352,314 in February
How do Lewisham house prices compare to the UK average?
Even when comparing Lewisham to the picture across the UK, the area is far above the UK average with a typical property value in the nations reaching £278,436 in March.
In cash terms, the average house price in March was £24,931 higher than a year earlier with house price growth accelerating to 9.8 per cent in March 2022. Prices were up by 0.3 per cent month on month.
How much could your house be worth?
We have created this map for the London so you can see the average house price in each neighbourhood since 1995.
Sites like Zoopla can offer an estimate valuation of your house if you input your postcode into their website here.
The above map can demonstrate which areas of Lewisham are the most expensive for average house prices.
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