Housing Market Analysis for REDCROSS WAY, SE1 1HB

Are you looking to understand SE1 1HB house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Southwark postcode.

For the location information and nearby amenities in the SE1 1HB area, explore the SE1 1HB Area information page.
For comprehensive crime statistics in the SE1 1HB area, explore the SE1 1HB Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the SE1 1HB postcode area, The average prices are as follows,

  • Flat
    • The average price is around £340,667 median price is £424,000 Standard Deviation is £174,374 with Total Sold: 3
    • The Last 5 Year average price is £424,000 with Total Sold: 1
    • The most recent sale happened at this postcode is FLAT 2, AVERY HOUSE REDCROSS WAY: £424,000 (Sold on 21 May 2024)
    • The first recorded sale happened at this postcode is FLAT 2, AVERY HOUSE REDCROSS WAY: £98,000 (Sold on 30 Jul 1999)

Sold Price Trend Over the Years:

Below table and chart gives the average SE1 1HB house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£424,0001
2015£500,001 £7,463 1
1999£98,000 £1,463 1

All the Sales in the REDCROSS WAY, SE1 1HB

See the table below for more details on the sold house prices in the SE1 1HB, Southwark postcode.

AddressSold DatePrice% Change
FLAT 2, AVERY HOUSE REDCROSS WAYFlat, Leasehold21 May 2024£424,000332.65%
30 Jul 1999£98,000First Sale
FLAT 1, AVERY HOUSE REDCROSS WAYFlat, LeaseholdArea: 67 Sq.mtrAge: 1967-197521 Jul 2015£500,001First Sale

Check out the sold house prices near the SE1 1HB postcode. Properties currently for saleProperties currently for rent

REDCROSS WAY, SE1 1HB Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the SE1 1HB postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the SE1 1HB postcode.

  • Flat
    • The average price is around £423,513 median price is £350,000 Standard Deviation is £308,842 with Total Sold: 4,683
    • The Last 5 Year average price is £662,727 with Total Sold: 510
    • The most recent sale happened at this postcode is FLAT 15, 130 WEBBER STREET: £550,000 (Sold on 12 Sep 2024)
    • The first recorded sale happened at this postcode is FLAT 15, WATERLOO MANSIONS, 59 WEBBER STREET: £77,950 (Sold on 06 Jan 1995)
  • Terraced
    • The average price is around £847,492 median price is £450,000 Standard Deviation is £1,324,874 with Total Sold: 191
    • The Last 5 Year average price is £1,710,075 with Total Sold: 34
    • The most recent sale happened at this postcode is , 14 BROCKHAM STREET: £2,486,000 (Sold on 18 Jul 2024)
    • The first recorded sale happened at this postcode is , 10 PARK STREET: £104,000 (Sold on 31 Mar 1995)
  • Other
    • The average price is around £11,663,660 median price is £1,630,000 Standard Deviation is £37,916,283 with Total Sold: 268
    • The Last 5 Year average price is £9,427,257 with Total Sold: 115
    • The most recent sale happened at this postcode is , 144B UNION STREET: £240,000 (Sold on 29 Jun 2024)
    • The first recorded sale happened at this postcode is , 157 BOROUGH HIGH STREET: £30,000 (Sold on 16 Sep 2013)
  • Semi-Detached
    • The average price is around £548,786 median price is £327,500 Standard Deviation is £597,379 with Total Sold: 42
    • The Last 5 Year average price is £1,524,375 with Total Sold: 4
    • The most recent sale happened at this postcode is , 2A HANKEY PLACE: £1,525,000 (Sold on 03 May 2024)
    • The first recorded sale happened at this postcode is , 55 SOUTHWARK STREET: £190,000 (Sold on 15 Apr 1995)
  • Detached
    • The average price is around £704,231 median price is £515,000 Standard Deviation is £525,862 with Total Sold: 19
    • The Last 5 Year average price is £1,150,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , 46 RUSHWORTH STREET: £1,150,000 (Sold on 24 Jan 2020)
    • The first recorded sale happened at this postcode is UNIT 2, RUSHWORTH STUDIOS, 63 WEBBER STREET: £130,000 (Sold on 09 Sep 1995)

Sold Price Trend Over the Years:

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£623,229 £9,626 49
2023£664,863 £8,838 87
2022£649,423 £9,420 90
2021£744,950 £10,691 86
2020£658,232 £9,437 99
2019£625,565 £9,019 99
2018£749,637 £10,286 123
2017£753,260 £10,851 172
2016£702,714 £9,951 116
2015£679,430 £9,827 154
2014£615,842 £9,071 231
2013£505,053 £7,723 167
2012£526,410 £7,121 179
2011£406,620 £6,704 143
2010£454,629 £6,244 136
2009£379,834 £5,860 160
2008£375,453 £5,669 174
2007£424,088 £6,143 329
2006£305,643 £5,084 426
2005£312,030 £4,442 185
2004£290,066 £4,490 312
2003£268,543 £3,729 138
2002£308,727 £3,793 162
2001£244,861 £3,080 180
2000£240,248 £2,808 305
1999£147,306 £1,965 116
1998£137,324 £2,016 103
1997£99,866 £1,520 67
1996£119,174 £901 35
1995£100,434 £1,057 60
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£2,486,0001
2023£2,078,384 £9,996 4
2022£1,117,214 £12,115 7
2021£1,495,192 £10,042 13
2020£992,500 £10,433 2
2019£2,585,714 £12,673 7
2018£3,423,571 £9,881 7
2017£2,171,667 £12,291 3
2016£1,138,429 £10,388 7
2015£1,185,000 £12,216 1
2014£735,000 £8,137 5
2013£1,123,625 £10,075 8
2012£1,564,500 £7,619 7
2011£730,000 £6,193 3
2010£765,000 £5,436 1
2009£574,667 £9,048 3
2008£610,333 £5,474 3
2007£591,667 £4,972 3
2006£536,643 £4,240 7
2005£443,299 £4,138 5
2004£356,643 £2,945 7
2003£388,533 £3,855 15
2002£401,250 £4,223 8
2001£339,279 £2,657 14
2000£310,525 £2,827 14
1999£206,742 £2,401 12
1998£218,5333
1997£131,355 £1,996 11
1996£91,8508
1995£136,500 £1,601 2
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£468,2504
2023£5,754,045 £10,433 18
2022£1,493,160 £4,516 18
2021£7,656,905 £12,719 24
2020£11,003,695 £4,967 27
2019£19,622,76324
2018£19,729,713 £9,735 42
2017£19,681,926 £9,386 39
2016£6,790,407 £3,185 31
2015£7,361,54819
2014£5,426,883 £422 14
2013£2,391,875 £46,859 8
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£1,525,0001
2023£1,056,250 £7,563 2
2022£2,460,000 £19,431 1
2016£2,075,000 £10,949 2
2015£750,000 £10,870 1
2014£950,000 £21,804 1
2010£681,500 £9,932 5
2009£735,0001
2006£486,667 £4,692 3
2005£474,000 £3,950 1
2002£362,5002
2001£258,667 £2,857 3
2000£351,667 £2,134 3
1999£203,333 £2,328 3
1998£155,000 £1,583 2
1997£217,000 £2,016 1
1996£139,700 £1,618 5
1995£126,700 £740 5
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£1,150,000 £10,648 1
2016£1,725,0001
2002£515,0001
2001£951,730 £9,900 3
2000£256,667 £3,500 3
1999£981,250 £2,062 4
1998£536,300 £7,720 4
1997£165,0001
1995£130,0001

House Type in SE1 1HB area

The most common house types in the SE1 1HB postcode area are Flat (86), converted building (19), and Terraced (5).

Total117
Flat86
converted building19
Terraced5
commercial building4
Detached1
Semi-detached1
Shared house1
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (44), and Social rented: Rents from council or Local Authority (39).

Private rented: Private landlord or letting agency44
Social rented: Rents from council or Local Authority39
Owned: Owns outright13
Owned: Owns with a mortgage or loan10
Private rented: Other private rented9
Does not apply0
Shared ownership: Shared ownership0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the SE1 1HB have 1 person in household (36), and 2 people in household (36).

1 person in household36
2 people in household36
3 people in household26
5 people in household9
4 people in household8
6 people in household1
8 or more people in household1
0 people in household0
7 people in household0