Housing Market Analysis for WELLS WAY, SE5 7UB

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

Overview of Sold House prices

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

  • Flat
    • The average price is around £252,993 median price is £222,500 Standard Deviation is £85,482 with Total Sold: 31
    • The Last 5 Year average price is £410,000 with Total Sold: 3
    • The most recent sale happened at this postcode is FLAT 13, 59 WELLS WAY: £420,000 (Sold on 07 Jul 2023)
    • The first recorded sale happened at this postcode is FLAT 13, 59 WELLS WAY: £208,800 (Sold on 12 Dec 2003)

Sold Price Trend Over the Years:

Below table and chart gives the average SE5 7UB 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
2023£420,000 £5,000 1
2021£445,000 £5,057 1
2020£365,000 £5,794 1
2017£408,500 £5,750 2
2014£390,000 £4,786 2
2012£232,000 £4,000 1
2011£235,500 £3,228 2
2010£246,500 £3,056 2
2008£250,0001
2006£217,5002
2004£192,6653
2003£196,677 £2,353 13

All the Sales in the WELLS WAY, SE5 7UB

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

AddressSold DatePrice% Change
FLAT 13, 59 WELLS WAYFlat, LeaseholdArea: 84 Sq.mtrAge: 2007 onwards07 Jul 2023£420,00015.07%
20 Oct 2014£365,00074.81%
12 Dec 2003£208,800First Sale
FLAT 9, 59 WELLS WAYFlat, LeaseholdArea: 88 Sq.mtrAge: 2003-200623 Feb 2021£445,0001.14%
10 Aug 2017£440,000131.58%
01 Nov 2004£190,0000.77%
19 Dec 2003£188,550First Sale
FLAT 3, 59 WELLS WAYFlat, LeaseholdArea: 63 Sq.mtrAge: 1996-200210 Aug 2020£365,00087.67%
19 Dec 2003£194,495First Sale
FLAT 1, 59 WELLS WAYFlat, LeaseholdArea: 58 Sq.mtrAge: 2003-200618 May 2017£377,00062.50%
16 Nov 2012£232,00023.41%
27 Feb 2004£187,995First Sale
FLAT 5, 59 WELLS WAYFlat, LeaseholdArea: 79.4 Sq.mtrAge: 2003-200612 Dec 2014£415,00068.70%
28 Apr 2011£246,000-1.60%
15 Apr 2010£250,00025.00%
12 Dec 2003£199,995First Sale
FLAT 11, 59 WELLS WAYFlat, LeaseholdArea: 67 Sq.mtrAge: 2003-200629 Jul 2011£225,00034.33%
12 Dec 2003£167,500First Sale
FLAT 7, 59 WELLS WAYFlat, LeaseholdArea: 82 Sq.mtrAge: 2003-200629 Jan 2010£243,000-2.80%
02 May 2008£250,00019.05%
14 Jul 2006£210,0009.09%
12 Dec 2003£192,495First Sale
FLAT 10, 59 WELLS WAYFlat, Leasehold22 Sep 2006£225,00012.50%
24 Mar 2004£200,000First Sale
FLAT 6, 59 WELLS WAYFlat, Leasehold22 Dec 2003£192,500First Sale
FLAT 2, 59 WELLS WAYFlat, Leasehold19 Dec 2003£196,500First Sale
FLAT 4, 59 WELLS WAYFlat, Leasehold18 Dec 2003£187,495First Sale
FLAT 8, 59 WELLS WAYFlat, Leasehold12 Dec 2003£188,495First Sale
FLAT 12, 59 WELLS WAYFlat, Leasehold12 Dec 2003£180,470First Sale
FLAT 14, 59 WELLS WAYFlat, Leasehold12 Dec 2003£237,000First Sale
FLAT 15, 59 WELLS WAYFlat, Leasehold12 Dec 2003£222,500First Sale

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

WELLS WAY, SE5 7UB Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £393,192 median price is £299,995 Standard Deviation is £856,086 with Total Sold: 644
    • The Last 5 Year average price is £945,030 with Total Sold: 90
    • The most recent sale happened at this postcode is , 141 WELLS WAY: £530,000 (Sold on 30 Jul 2024)
    • The first recorded sale happened at this postcode is , 26 RAINBOW STREET: £57,000 (Sold on 20 Feb 1995)
  • Flat
    • The average price is around £251,836 median price is £213,500 Standard Deviation is £142,163 with Total Sold: 2,581
    • The Last 5 Year average price is £402,114 with Total Sold: 433
    • The most recent sale happened at this postcode is FLAT 9, HUME COURT, 100 BENHILL ROAD: £595,000 (Sold on 29 Jul 2024)
    • The first recorded sale happened at this postcode is , 15 HAMBLEDON: £25,000 (Sold on 22 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 £4,095,924 median price is £925,000 Standard Deviation is £6,333,957 with Total Sold: 47
    • 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 £373,759 median price is £282,250 Standard Deviation is £266,637 with Total Sold: 52
    • The Last 5 Year average price is £785,571 with Total Sold: 7
    • 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: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£683,458 £6,321 6
2023£714,409 £7,178 11
2022£705,659 £6,791 16
2021£1,728,699 £7,408 21
2020£661,009 £7,188 19
2019£761,235 £6,435 17
2018£682,848 £6,114 15
2017£703,708 £7,451 18
2016£621,000 £6,537 13
2015£645,234 £6,515 19
2014£525,105 £5,263 19
2013£468,111 £4,171 22
2012£384,150 £3,734 16
2011£369,500 £3,615 23
2010£325,161 £3,360 14
2009£323,194 £3,232 18
2008£304,156 £3,426 14
2007£333,241 £3,195 27
2006£305,988 £3,139 33
2005£270,236 £2,270 49
2004£296,579 £2,398 45
2003£221,448 £2,287 22
2002£201,587 £2,031 23
2001£190,618 £2,083 40
2000£162,876 £1,596 25
1999£94,376 £1,213 21
1998£108,754 £1,154 23
1997£83,802 £984 21
1996£63,359 £681 16
1995£68,221 £685 18
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£370,297 £5,644 25
2023£411,258 £6,775 73
2022£399,843 £6,023 87
2021£415,387 £6,456 109
2020£379,702 £6,058 48
2019£401,617 £6,430 91
2018£383,815 £6,259 107
2017£375,019 £6,217 132
2016£398,515 £6,048 126
2015£351,435 £5,969 110
2014£288,488 £5,048 126
2013£264,794 £4,272 188
2012£191,065 £3,517 76
2011£190,543 £3,125 35
2010£196,035 £3,214 36
2009£169,418 £2,979 30
2008£203,287 £3,583 71
2007£195,431 £3,380 119
2006£177,129 £3,231 113
2005£177,840 £3,209 129
2004£169,706 £2,958 207
2003£178,033 £2,914 161
2002£127,651 £2,128 72
2001£121,545 £2,120 77
2000£78,114 £1,605 52
1999£69,473 £1,248 73
1998£55,518 £1,071 42
1997£39,805 £752 32
1996£38,709 £650 21
1995£33,135 £564 13
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£2,723,000 £42,007 5
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£871,250 £9,542 4
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£306,475 £3,074 2
2006£249,7502
2005£302,800 £3,375 5
2004£295,000 £3,420 2
2003£267,5002
2002£293,100 £2,555 5
2001£203,000 £2,156 4
2000£147,5002
1999£249,000 £2,021 2
1997£83,833 £694 3
1996£162,500 £994 2
1995£61,498 £658 2

House Type in SE5 7UB area

The most common house types in the SE5 7UB 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 7UB 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