The average property value in Bexley is £411,451 according to property sale data for the year ending June 2021 published by HM Land Registry. Between the years ending June 2020 and June 2021, property values in Bexley grew by £35,267. Compare house prices by area
Average property prices in Bexley grew by 9.4% between the years ending June 2020 and June 2021. Between the years ending June 2011 and June 2021, property prices on average grew by 6.1% per year.
If prices in Bexley continue to rise by 6.1% a year, the average property price will be £522,322 in 2025.
There were 3,231 property sales in Bexley in the year ending June 2021, an increase of 556 when compared to the previous year.
The average price for a house in Bexley ranges from £381,052 for a terraced house to £637,565 for a detached house, with semi-detached in between costing on average £469,165.
The average price for a flat or maisonette in Bexley is £238,943.
Price trends for small areas may be less statistically significant due to small sample sizes.
Of the property types in Bexley, terraced house prices have risen the most between the years ending 2011 and 2021, and detached house prices have grown the least.
Detached house prices have risen 63.2% from £390,668 to £637,565, semi-detached house prices have risen 80.0% from £260,661 to £469,165, terraced house prices have risen 87.6% from £203,166 to £381,052, and flat prices have risen 67.2% from £142,876 to £238,943.
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The most common type of property sold in Bexley during the year ending June 2021 was semi-detached houses, which accounted for 42.7% of properties.
The least commonly available type of property sold in Bexley were detached houses, which account for 6.7% of properties sold.
Of the properties sold in Bexley during 2021, 0.1% were new build properties.
The average price paid for a new build property in Bexley was £20,407 higher than the average price paid for an existing property.
Of the new build properties sold, the most common type was flats (50% of new build properties sold). For existing properties, the most common type is semi-detached houses (42% of existing properties sold).
The most common price band for property sales in Bexley is £300k - £400k, which accounted for 20.9% of properties sold in 2021.
0.4% of properties in Bexley had a price over £1 million. For comparison, in England, 2.1% of property sales were priced at over £1 million.
The cheapest properties in Bexley were in the £50k - £100k price bracket, accounting for 0.1% of sales.
Average property price
YoY change in price
Average Property Price
YoY CHANGE in PRICE
Source: Office for National Statistics licensed under the Open Government Licence v.3.0. Contains OS data © Crown copyright and database right 2021. Data sources: ONS Local statistics