House prices in Greenwich have gone up by an average of over £7,000 in the month of February, according to figures from the Land Registry.
The latest data from the government department reveals that in February 2023 average house prices in Greenwich reached £446,652.
This was up from £438,838 in January, representing over a 1.8 per cent increase. In the last 12 months it has risen by 9.2 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, all prices saw an increase.
- Detached houses - Up to £976,310 from £954,750 in January
- Semi-detached houses - Up to £687,504 from £675,192 in January
- Terraced houses - Up to £510,727 from £504,126 in January
- Flats - Up to £371,187 from £363,613 in January
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 £287,506 in February.
In cash terms, the average house price in February was £15,052 higher than a year earlier with house price growth accelerating to 5.5 per cent in February 2023. Prices were down by -1.0 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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