Key indicators for buyers
The SE3 market is moderately favourable for buyers. Prices have softened (-43.7%), which could present a buying opportunity. Affordability has improved from a peak of 14.1x in 2022 to 12.0x today. Rising rents (£1,943/mo, +4.3%) mean the cost of waiting is real.
Yearly averages · HM Land Registry Price Paid Data
2026averages · HM Land Registry Price Paid Data
House price ÷ median earnings · ONS data
Affordability data shown for wider Greenwich area
A home in Greenwich costs 12.0x the local median salary — very stretched, improving from a peak of 14.1x in 2022.
Average monthly rent · ONS Private Rental Index
Rental data shown for wider Greenwich area
Average monthly rent in Greenwich is £1,943, up 4.3% year-on-year. Rents have risen consistently over the past five years.
2yr fixed · 75% LTV · 25yr term · BoE avg. rate
Based on the average Greenwich price of £374,500 with a 25% deposit (£94k), a 2-year fixed mortgage at 3.97% costs around £1,478 per month.
Monthly cost comparison based on current data
Uses SE3 avg. price with Greenwich rental data
Monthly mortgage payments (£1,478) are £465 less than renting (£1,943). However, buying requires an upfront deposit of £94k — it would take around 6 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
FLAT D, 9, BENNETT PARK SE3 9RA | Flat/Maisonette | £414,000 | 15 Jan 2026 |
84, GRAYSTON HOUSE, 1, OTTLEY DRIVE SE3 9FP | Flat/Maisonette | £335,000 | 9 Jan 2026 |
58, MALTBY HOUSE, 2, OTTLEY DRIVE SE3 9FJ | Flat/Maisonette | £499,999 | 22 Dec 2025 |
FLAT 805, CAIRNCROSS HOUSE, 17, TOWNSEND ROAD SE3 9EG | Flat/Maisonette | £600,000 | 22 Dec 2025 |
40, MAYDAY GARDENS SE3 8NN | Semi-detached | £530,000 | 22 Dec 2025 |
101, ST JOHNS PARK SE3 7JW | Terraced | £675,000 | 19 Dec 2025 |
61, PARAGON PLACE, BLACKHEATH SE3 0SP |
Data sources (all free & public): HM Land Registry Price Paid Data & UK House Price Index · ONS Housing Affordability Ratios · ONS Private Rental Index · Bank of England Quoted Household Interest Rates · HMRC Monthly Property Transactions
Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.
The average property in SE3 sold for £374,500 in 2026, with a median of £374,500 across 2 transactions. Prices fell 43.7% compared to the previous year.
| Semi-detached |
| £1,065,000 |
| 19 Dec 2025 |
FLAT 3, BEECHCROFT COURT, LISKEARD GARDENS SE3 0PJ | Flat/Maisonette | £240,000 | 18 Dec 2025 |
42, KELBROOK ROAD SE3 8LH | Terraced | £494,500 | 17 Dec 2025 |
FLAT 3, HALLGATE, BLACKHEATH PARK SE3 9SG | Flat/Maisonette | £650,000 | 12 Dec 2025 |
17A, MONTPELIER ROW SE3 0RL | Terraced | £1,425,000 | 12 Dec 2025 |
61, HUMBER ROAD SE3 7LR | Flat/Maisonette | £465,000 | 11 Dec 2025 |
40, PAGODA GARDENS SE3 0UX | Terraced | £730,000 | 10 Dec 2025 |
49, PAGODA GARDENS SE3 0UY | Flat/Maisonette | £408,000 | 9 Dec 2025 |
FLAT 50, MERLIN COURT, 28, HANDLEY DRIVE SE3 9BW | Flat/Maisonette | £607,500 | 8 Dec 2025 |
29, SLADEBROOK ROAD SE3 8LT | Semi-detached | £563,000 | 4 Dec 2025 |
16, STRATHEDEN ROAD SE3 7TA | Other | £1,115,000 | 3 Dec 2025 |
5, LASSETER PLACE SE3 7UX | Semi-detached | £750,000 | 28 Nov 2025 |
FLAT 206, LODER HOUSE, 2, ANDERSON ROAD SE3 9GX | Flat/Maisonette | £475,000 | 27 Nov 2025 |
57, KELLAWAY ROAD SE3 8PN | Semi-detached | £470,000 | 26 Nov 2025 |
The most recent recorded sale in SE3 was a flat/maisonette property on Bennett Park for £414,000 in January 2026. Across the last 20 sales, the median price was £563,000.