Housing Market Analysis for WALLACE CLOSE, SE28 8NL

Are you looking to understand SE28 8NL 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 Bexley postcode.

For the location information and nearby amenities in the SE28 8NL area, explore the SE28 8NL Area information page.
For comprehensive crime statistics in the SE28 8NL area, explore the SE28 8NL Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the SE28 8NL postcode area, The average prices are as follows,

Flat
- The average price is around £69,354 median price is £68,250 Standard Deviation is £36,724 with Total Sold: 12
- The Last 5 Year average price is £155,000 with Total Sold: 1
- The most recent sale happened at this postcode is 3 WALLACE CLOSE: £155,000 (Sold on 28 Apr 2023)
- The first recorded sale happened at this postcode is 1 WALLACE CLOSE: £28,750 (Sold on 25 Apr 1995)
Terraced
- The average price is around £148,334 median price is £152,000 Standard Deviation is £78,739 with Total Sold: 29
- The Last 5 Year average price is £296,000 with Total Sold: 2
- The most recent sale happened at this postcode is 4 WALLACE CLOSE: £312,000 (Sold on 23 May 2022)
- The first recorded sale happened at this postcode is 2 WALLACE CLOSE: £45,000 (Sold on 15 Sep 1995)
Semi-Detached
- The average price is around £103,500 median price is £103,500 Standard Deviation is £56,500 with Total Sold: 2
- The most recent sale happened at this postcode is 12 WALLACE CLOSE: £160,000 (Sold on 05 Mar 2007)
- The first recorded sale happened at this postcode is 12 WALLACE CLOSE: £47,000 (Sold on 06 Jun 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average SE28 8NL 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£155,000	£4,501	1
2012	£90,000	£2,550	1
2006	£90,000	£2,647	1
2004	£90,000	£2,500	1
2003	£88,750	£2,765	2
2001	£53,000	£1,559	1
2000	£48,748	£1,419	2
1999	£31,500	£926	1
1996	£19,000	£559	1
1995	£28,750	£442	1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£296,000	£4,939	2
2017	£266,250	£4,514	2
2015	£244,000	£3,466	3
2012	£94,000	£1,382	1
2007	£168,000	£2,593	2
2006	£165,500	£2,647	2
2005	£137,498	£2,600	2
2004	£159,000	£2,400	3
2003	£113,499	£1,861	4
2001	£91,500	£1,409	2
2000	£78,000	£1,300	1
1999	£49,000	£1,046	2
1998	£42,500		1
1996	£31,700	£898	1
1995	£45,000	£750	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2007	£160,000	£2,402	1
1997	£47,000	£783	1

All the Sales in the WALLACE CLOSE, SE28 8NL

See the table below for more details on the sold house prices in the SE28 8NL, Bexley postcode.

Address	Sold Date	Price	% Change
3 WALLACE CLOSEFlat, LeaseholdArea: 34.44 Sq.mtrAge: 1983-1990	28 Apr 2023	£155,000	72.22%
	23 Mar 2006	£90,000	-4.26%
	14 Mar 2003	£94,000	108.91%
	12 May 2000	£44,995	First Sale
4 WALLACE CLOSETerraced, FreeholdArea: 59.88 Sq.mtrAge: 1976-1982	23 May 2022	£312,000	140.00%
	17 Jun 2003	£130,000	First Sale
14 WALLACE CLOSETerraced, FreeholdArea: 60 Sq.mtrAge: 1983-1990	11 May 2022	£280,000	79.49%
	28 Feb 2005	£155,995	194.33%
	26 Feb 1999	£53,000	First Sale
16 WALLACE CLOSETerraced, FreeholdArea: 58 Sq.mtrAge: 2003-2006	19 Jul 2017	£265,000	72.08%
	24 Jul 2006	£154,000	75.00%
	26 Oct 2001	£88,000	First Sale
19 WALLACE CLOSETerraced, FreeholdArea: 60 Sq.mtrAge: 1983-1990	30 Mar 2017	£267,500	First Sale
21 WALLACE CLOSETerraced, FreeholdArea: 73 Sq.mtrAge: 1983-1990	17 Jul 2015	£275,000	80.92%
	14 Jul 2004	£152,000	60.00%
	27 Jul 2001	£95,000	First Sale
23 WALLACE CLOSETerraced, FreeholdArea: 70 Sq.mtrAge: 1983-1990	23 Mar 2015	£212,000	21.84%
	05 Apr 2007	£174,000	First Sale
6 WALLACE CLOSETerraced, FreeholdArea: 68 Sq.mtrAge: 1983-1990	20 Feb 2015	£245,000	160.64%
	09 Jul 2012	£94,000	First Sale
7 WALLACE CLOSEFlat, LeaseholdArea: 35.3 Sq.mtrAge: 1991-1995	14 Dec 2012	£90,000	183.91%
	29 Feb 1996	£31,700	First Sale
18 WALLACE CLOSETerraced, FreeholdArea: 60 Sq.mtrAge: 1991-1995	01 Aug 2007	£162,000	31.71%
	20 Mar 2003	£122,995	First Sale
12 WALLACE CLOSESemi-Detached, FreeholdArea: 66.6 Sq.mtrAge: 1983-1990	05 Mar 2007	£160,000	240.43%
	06 Jun 1997	£47,000	First Sale
25 WALLACE CLOSETerraced, FreeholdArea: 67.06 Sq.mtrAge: 1983-1990	04 Jul 2006	£177,000	4.12%
	26 Feb 2004	£170,000	First Sale
10 WALLACE CLOSETerraced, Freehold	23 Sep 2005	£119,000	11.21%
	17 Apr 2003	£107,000	151.76%
	07 Aug 1998	£42,500	First Sale
2 WALLACE CLOSETerraced, FreeholdArea: 60 Sq.mtrAge: 1967-1975	15 Oct 2004	£155,000	244.44%
	15 Sep 1995	£45,000	First Sale
5 WALLACE CLOSEFlat, LeaseholdArea: 36 Sq.mtrAge: 1976-1982	20 Aug 2004	£90,000	71.43%
5 WALLACE CLOSEFlat, LeaseholdArea: 36 Sq.mtrAge: 1976-1982	14 Jul 2000	£52,500	First Sale
13 WALLACE CLOSEFlat, Leasehold	11 Apr 2003	£83,500	First Sale
1 WALLACE CLOSETerraced, FreeholdArea: 69 Sq.mtrAge: 1976-1982	14 Mar 2003	£94,000	226.96%
	25 Apr 1995	£28,750	First Sale
9 WALLACE CLOSEFlat, LeaseholdArea: 34 Sq.mtrAge: 1967-1975	30 Jul 2001	£53,000	68.25%
	08 Apr 1999	£31,500	65.79%
	04 Jan 1996	£19,000	First Sale
17 WALLACE CLOSETerraced, FreeholdArea: 60 Sq.mtrAge: 1983-1990	28 Apr 2000	£78,000	First Sale
8 WALLACE CLOSETerraced, FreeholdArea: 37.26 Sq.mtrAge: 1983-1990	23 Apr 1999	£45,000	First Sale

Check out the sold house prices near the SE28 8NL postcode. Properties currently for saleProperties currently for rent

WALLACE CLOSE, SE28 8NL Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the SE28 8NL 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 SE28 8NL postcode.

Flat
- The average price is around £96,542 median price is £90,000 Standard Deviation is £52,522 with Total Sold: 967
- The Last 5 Year average price is £190,517 with Total Sold: 74
- The most recent sale happened at this postcode is , 18 WOBURN CLOSE: £180,000 (Sold on 16 Jul 2024)
- The first recorded sale happened at this postcode is , 38 EASTGATE CLOSE: £22,000 (Sold on 17 Mar 1995)
Semi-Detached
- The average price is around £149,803 median price is £140,000 Standard Deviation is £89,623 with Total Sold: 316
- The Last 5 Year average price is £334,327 with Total Sold: 31
- The most recent sale happened at this postcode is , 36 SURLINGHAM CLOSE: £325,000 (Sold on 31 May 2024)
- The first recorded sale happened at this postcode is , 33 SURLINGHAM CLOSE: £42,600 (Sold on 26 Jan 1995)
Terraced
- The average price is around £153,966 median price is £148,000 Standard Deviation is £85,455 with Total Sold: 1,571
- The Last 5 Year average price is £314,334 with Total Sold: 144
- The most recent sale happened at this postcode is , 1 WHERNSIDE CLOSE: £395,500 (Sold on 24 May 2024)
- The first recorded sale happened at this postcode is , 20 TEMPLAR DRIVE: £60,000 (Sold on 20 Jan 1995)
Other
- The average price is around £953,333 median price is £265,000 Standard Deviation is £1,092,202 with Total Sold: 3
- The Last 5 Year average price is £953,333 with Total Sold: 3
- The most recent sale happened at this postcode is , 23 REDBOURNE DRIVE: £100,000 (Sold on 15 Sep 2022)
- The first recorded sale happened at this postcode is , 16 ORMESBY CLOSE: £265,000 (Sold on 25 Jan 2019)
Detached
- The average price is around £235,300 median price is £221,500 Standard Deviation is £74,476 with Total Sold: 10
- The Last 5 Year average price is £355,000 with Total Sold: 1
- The most recent sale happened at this postcode is , 21 WATERSMEET WAY: £355,000 (Sold on 22 Aug 2019)
- The first recorded sale happened at this postcode is , 35 TEMPLAR DRIVE: £123,000 (Sold on 31 May 2001)

Sold Price Trend Over the Years:

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£200,333	£3,847	6
2023	£199,778	£4,262	9
2022	£187,764	£3,811	18
2021	£200,464	£4,218	14
2020	£188,846	£3,942	13
2019	£175,500	£3,907	14
2018	£183,836	£3,592	16
2017	£179,667	£3,530	21
2016	£168,847	£3,302	29
2015	£145,333	£3,264	18
2014	£114,950	£2,340	25
2013	£99,643	£2,053	21
2012	£101,800	£2,140	10
2011	£98,688	£1,943	4
2010	£106,143	£2,060	7
2009	£93,994	£1,960	9
2008	£119,142	£2,529	14
2007	£133,822	£2,528	30
2006	£113,932	£2,397	52
2005	£117,414	£2,547	64
2004	£113,371	£2,381	53
2003	£108,527	£2,272	82
2002	£76,349	£1,634	73
2001	£61,861	£1,378	69
2000	£57,463	£1,131	99
1999	£46,532	£935	63
1998	£40,742	£822	52
1997	£31,868	£664	34
1996	£29,848	£613	28
1995	£26,672	£537	20

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£387,500	£4,455	2
2023	£362,500	£5,399	5
2022	£401,600	£4,698	5
2021	£295,750	£5,110	4
2020	£310,705	£4,590	8
2019	£300,000	£4,667	7
2018	£312,500	£4,155	4
2017	£318,750	£3,566	4
2016	£286,750	£4,152	4
2015	£300,287	£4,014	2
2014	£208,444	£2,516	9
2013	£176,333	£2,583	6
2012	£168,500	£2,259	2
2011	£169,975	£1,861	2
2010	£192,500	£2,319	2
2009	£143,498	£2,733	2
2008	£192,500	£2,730	8
2007	£186,800	£2,732	10
2006	£175,866	£2,862	15
2005	£172,864	£2,311	11
2004	£164,522	£2,485	23
2003	£159,615	£2,338	20
2002	£136,353	£1,958	24
2001	£106,194	£1,474	23
2000	£84,666	£985	12
1999	£81,912	£1,012	26
1998	£74,268	£1,105	30
1997	£54,541	£816	17
1996	£50,850	£719	10
1995	£51,058	£871	19

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£364,250		2
2023	£343,269	£5,157	26
2022	£320,158	£5,119	29
2021	£309,970	£4,343	33
2020	£304,759	£3,992	27
2019	£291,426	£3,975	27
2018	£280,897	£4,081	34
2017	£286,815	£4,205	39
2016	£269,097	£3,793	26
2015	£232,844	£3,402	57
2014	£210,582	£3,023	37
2013	£175,819	£2,436	28
2012	£161,263	£2,156	20
2011	£157,234	£2,241	16
2010	£165,280	£2,391	25
2009	£165,059	£2,200	17
2008	£186,620	£2,675	29
2007	£182,805	£2,791	85
2006	£168,173	£2,573	63
2005	£166,489	£2,506	78
2004	£159,618	£2,354	100
2003	£151,713	£2,236	116
2002	£123,819	£1,861	107
2001	£100,783	£1,414	94
2000	£81,449	£1,301	92
1999	£70,820	£1,023	99
1998	£66,199	£1,046	112
1997	£54,515	£805	56
1996	£46,386	£693	56
1995	£44,759	£670	41

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£1,297,500	£48,922	2
2019	£265,000	£4,141	1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2019	£355,000	£2,465	1
2017	£362,000	£4,209	1
2014	£252,500	£2,478	2
2007	£229,000		2
2004	£170,000		1
2002	£189,998	£1,493	2
2001	£123,000		1

House Type in SE28 8NL area

The most common house types in the SE28 8NL postcode area are Terraced (55), Flat (27), and Semi-detached (21).

Total	112
Terraced	55
Flat	27
Semi-detached	21
Detached	6
Shared house	3
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (42), and Owned: Owns with a mortgage or loan (29).

Private rented: Private landlord or letting agency	42
Owned: Owns with a mortgage or loan	29
Social rented: Rents from council or Local Authority	16
Owned: Owns outright	13
Social rented: Other social rented	6
Lives rent free	3
Shared ownership: Shared ownership	2
Private rented: Other private rented	2
Does not apply	0

Number of People in a Household

The most houses in the SE28 8NL have 2 people in household (32), and 1 person in household (29).

2 people in household	32
1 person in household	29
3 people in household	27
4 people in household	18
5 people in household	7
6 people in household	1
0 people in household	0
7 people in household	0
8 or more people in household	0