House prices in Greenwich have gone up by an average of over £2,000 in the month of August, according to figures from the Land Registry.
The latest data from the government department reveals that in August 2022 average house prices in Greenwich reached £447,444.
This was up from £445,389 in July, representing a 0.5 per cent increase. In the last 12 months it has risen by 12.0 per cent.
If you are interested in buying or renting a home, you can see the latest properties in and around Greenwich here.
How much have house prices increased in Greenwich?
Breaking it down for specific types of housing, some prices saw a fall despite the general increase.
- Detached houses - Down to £945,312 from £945,815 in July
- Semi-detached houses - Up to £674,966 from £673,987 in July
- Terraced houses - Up to £505,172 from £502,730 in July
- Flats - Up to £375,879 from £373,790 in July
How do Greenwich house prices compare to the UK average?
Even when comparing Greenwich to the picture across the UK, the area is far above the UK average with a typical property value in the nations reaching £295,903 in August.
In cash terms, the average house price in August was £35,473 higher than a year earlier with house price growth accelerating to 13.6 per cent in August 2022. Prices were up by 0.9 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 Greenwich are the most expensive for average house prices.
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