Last year most property sales in South London involved flats which sold for on average £454,322. Terraced properties sold for an average price of £690,305, while semi-detached properties fetched £707,333.
South London, with an overall average price of £601,103, was similar in terms of sold prices to nearby South East London (£576,636), but was cheaper than South West London (£774,579) and Central London (£1,376,110). The priciest area within South London was Lambeth (£641,620) and the least expensive was Croydon (£457,078).
During the last year, sold prices in South London were 3% down on the previous year and 3% down on 2022 when the average house price was £619,731.