House prices in Greenwich have gone up by an average of over £3,000 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 Greenwich reached £433,710.
This was up from £429,983 in February, representing a 0.9 per cent increase. In the last 12 months it has risen by 6.0 per cent.
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 £931,588 from £924,381 in February
- Semi-detached houses - Up to £654,179 from £647,934 in February
- Terraced houses - Up to £484,041 from £481,681 in February
- Flats - Up to £367,383 from £363,933 in February
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 £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 Greenwich are the most expensive for average house prices.
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