Bexley house prices rise by thousands
House prices in Bexley have gone up by an average of over £6,000 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 Bexley reached £395,675.
This was up from £389,580 in February, representing over a 1.6 per cent increase. In the last 12 months it has risen by 10.3 per cent.
Breaking it down for specific types of housing, all prices saw an increase.
Detached houses – Up to £685,388 from £675,468 in February
Semi-detached houses – Up to £509,369 from £500,445 in February
Terraced houses – Up to £401,831 from £395,712 in February
Flats – Up to £257,377 from £254,337 in February
Even when comparing Bexley to the picture across the UK, the area is well 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.
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 Bexley are the most expensive for average house prices.