House prices in Greenwich have soared by an average of over £12,000 in the month of June, according to figures from the Land Registry.
The latest data from the government department reveals that in June 2022 average house prices in Greenwich reached £440,375.
This was up from £428,008 in May, representing over a 2.9 per cent increase. In the last 12 months it has risen by 7.7 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 £948,463 from £927,501 in May
- Semi-detached houses - Up to £671,787 from £653,650 in May
- Terraced houses - Up to £503,330 from £487,468 in May
- Flats - Up to £367,057 from £357,580 in May
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 £286,397 in June.
In cash terms, the average house price in June was £20,721 higher than a year earlier with house price growth accelerating to 7.8 per cent in June 2022. Prices were up 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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