Housing Market Analysis for WELLS WAY, SE5 7GB

Are you looking to understand SE5 7GB 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 SE5 7GB area, explore the SE5 7GB Area information page.
For comprehensive crime statistics in the SE5 7GB area, explore the SE5 7GB Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the SE5 7GB postcode area, The average prices are as follows,

  • Flat
    • The average price is around £145,000 median price is £145,000 Standard Deviation is £5,000 with Total Sold: 2
    • The most recent sale happened at this postcode is FLAT 4, 63 WELLS WAY: £140,000 (Sold on 07 Aug 2015)
    • The first recorded sale happened at this postcode is FLAT 8, 63 WELLS WAY: £150,000 (Sold on 29 Feb 2012)

Sold Price Trend Over the Years:

Below table and chart gives the average SE5 7GB 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
2015£140,000 £2,000 1
2012£150,000 £2,738 1

All the Sales in the WELLS WAY, SE5 7GB

See the table below for more details on the sold house prices in the SE5 7GB, Southwark postcode.

AddressSold DatePrice% Change
FLAT 4, 63 WELLS WAYFlat, LeaseholdArea: 70 Sq.mtrAge: 2003-200607 Aug 2015£140,000First Sale
FLAT 8, 63 WELLS WAYFlat, LeaseholdArea: 54.78 Sq.mtrAge: 2003-200629 Feb 2012£150,000First Sale

Check out the sold house prices near the SE5 7GB postcode. Properties currently for saleProperties currently for rent

WELLS WAY, SE5 7GB Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the SE5 7GB 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 SE5 7GB postcode.

  • Flat
    • The average price is around £251,437 median price is £213,250 Standard Deviation is £141,505 with Total Sold: 2,658
    • The Last 5 Year average price is £401,031 with Total Sold: 449
    • The most recent sale happened at this postcode is 16, HOGAN COURT, 57 EDMUND STREET: £385,000 (Sold on 10 Sep 2024)
    • The first recorded sale happened at this postcode is , 15 HAMBLEDON: £25,000 (Sold on 22 Feb 1995)
  • Terraced
    • The average price is around £404,549 median price is £300,000 Standard Deviation is £827,340 with Total Sold: 700
    • The Last 5 Year average price is £932,593 with Total Sold: 105
    • The most recent sale happened at this postcode is , 17 CALYPSO CRESCENT: £750,000 (Sold on 03 Sep 2024)
    • The first recorded sale happened at this postcode is , 26 RAINBOW STREET: £57,000 (Sold on 20 Feb 1995)
  • Detached
    • The average price is around £279,804 median price is £129,891 Standard Deviation is £246,308 with Total Sold: 8
    • The Last 5 Year average price is £530,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , 24 PHELP STREET: £530,000 (Sold on 07 Jun 2024)
    • The first recorded sale happened at this postcode is , 78 EDMUND STREET: £50,351 (Sold on 03 Sep 1996)
  • Other
    • The average price is around £3,946,001 median price is £830,000 Standard Deviation is £6,245,776 with Total Sold: 49
    • The Last 5 Year average price is £5,030,332 with Total Sold: 27
    • The most recent sale happened at this postcode is FLAT 1, NEWMAN HOUSE SOUTHAMPTON WAY: £1,850,000 (Sold on 12 Oct 2023)
    • The first recorded sale happened at this postcode is 15, FRESCO HOUSE, 162 SOUTHAMPTON WAY: £1,000,000 (Sold on 19 Dec 2013)
  • Semi-Detached
    • The average price is around £375,587 median price is £282,250 Standard Deviation is £267,019 with Total Sold: 56
    • The Last 5 Year average price is £792,375 with Total Sold: 8
    • The most recent sale happened at this postcode is , 25 LYNBROOK GROVE: £875,000 (Sold on 14 Dec 2022)
    • The first recorded sale happened at this postcode is , 19 SONDES STREET: £59,995 (Sold on 19 Jun 1995)

Sold Price Trend Over the Years:

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£373,696 £5,644 34
2023£409,569 £6,825 77
2022£400,798 £6,158 89
2021£413,864 £6,462 109
2020£379,111 £6,137 47
2019£400,217 £6,448 93
2018£384,209 £6,348 111
2017£372,752 £6,253 136
2016£399,252 £6,100 127
2015£352,266 £6,039 111
2014£288,535 £5,080 130
2013£264,583 £4,285 192
2012£190,283 £3,575 74
2011£190,543 £3,125 35
2010£195,201 £3,279 36
2009£168,720 £3,091 32
2008£203,796 £3,612 72
2007£196,120 £3,419 124
2006£177,348 £3,259 118
2005£179,175 £3,254 136
2004£169,491 £2,968 212
2003£178,138 £2,925 165
2002£127,325 £2,202 72
2001£120,099 £2,099 81
2000£80,370 £1,668 58
1999£70,627 £1,292 75
1998£55,418 £1,065 47
1997£40,961 £804 31
1996£40,521 £734 19
1995£34,213 £673 15
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£752,306 £6,979 9
2023£765,923 £7,525 13
2022£737,661 £6,906 19
2021£1,516,806 £7,573 27
2020£661,009 £7,188 19
2019£759,222 £6,577 18
2018£689,545 £6,082 16
2017£703,708 £7,451 18
2016£647,000 £6,558 14
2015£677,724 £6,733 23
2014£526,350 £5,319 20
2013£498,306 £4,383 26
2012£384,150 £3,734 16
2011£386,981 £3,608 27
2010£325,161 £3,360 14
2009£333,553 £3,405 19
2008£309,145 £3,429 15
2007£349,692 £3,301 31
2006£308,646 £3,162 35
2005£270,236 £2,270 49
2004£298,290 £2,397 49
2003£221,448 £2,287 22
2002£203,604 £2,083 24
2001£190,618 £2,083 40
2000£165,782 £1,596 28
1999£103,640 £1,324 25
1998£112,956 £1,140 26
1997£83,802 £984 21
1996£66,152 £688 18
1995£68,841 £685 19
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£530,0001
2013£590,000 £6,699 1
2002£656,300 £6,378 1
2000£174,7821
1999£85,000 £1,250 1
1998£82,000 £1,206 1
1997£70,0001
1996£50,3511
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£685,000 £32,456 4
2022£2,809,8577
2021£10,994,556 £84,893 9
2020£630,500 £4,710 3
2019£3,141,8684
2018£2,768,8335
2017£2,065,800 £25,920 7
2016£607,429 £14,254 3
2015£3,101,600 £3,238 5
2013£5,950,000 £19,608 2
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£865,000 £9,599 5
2021£763,000 £7,652 2
2019£488,000 £7,072 1
2018£812,000 £5,239 1
2016£685,750 £5,774 4
2013£425,000 £6,159 1
2012£345,000 £2,500 1
2011£557,500 £4,564 2
2010£315,000 £3,663 1
2008£330,000 £2,428 2
2007£332,650 £3,541 3
2006£249,7502
2005£302,800 £3,375 5
2004£295,000 £3,420 2
2003£267,5002
2002£285,908 £2,582 6
2001£203,000 £2,156 4
2000£147,5002
1999£206,833 £1,782 3
1997£83,833 £694 3
1996£162,500 £994 2
1995£61,498 £658 2

House Type in SE5 7GB area

The most common house types in the SE5 7GB postcode area are Flat (84), converted building (23), and Terraced (7).

Total119
Flat84
converted building23
Terraced7
Semi-detached2
commercial building2
Detached1
Shared house0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (48), and Social rented: Other social rented (27).

Private rented: Private landlord or letting agency48
Social rented: Other social rented27
Owned: Owns with a mortgage or loan25
Shared ownership: Shared ownership11
Owned: Owns outright6
Social rented: Rents from council or Local Authority3
Private rented: Other private rented2
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the SE5 7GB have 1 person in household (46), and 2 people in household (42).

1 person in household46
2 people in household42
4 people in household16
3 people in household10
5 people in household3
7 people in household1
0 people in household0
6 people in household0
8 or more people in household0