Housing prices in Lewisham

In Lewisham:

We regularly revise our house prices estimates. UK-level rent estimates for the latest two months, and all house price data, are provisional and subject to revision.

Figures in this article are not seasonally adjusted.

You may also be interested in our recent analysis of which local areas of England and Wales have been most and least exposed to rising mortgage and rent costs during 2023.

Average house price in Lewisham was £496,000 in January 2025

The provisional average house price in Lewisham in January 2025 was £496,000. This was higher than the average of £458,000 in January 2024 (revised), a 8.2% rise.

Across London, the average house price in January 2025 was £564,000, which was more than a year earlier (£551,000).

Across Great Britain, a home sold for an average of £271,000 in January 2025, which was up from the January 2024 average of £259,000.

In the year to January 2025, the average price for terraced properties in Lewisham rose by 9.2%, while the average price for detached properties increased by 6.9%.

For each property type, average prices as of January 2025 in Lewisham were:

• Detached properties: £1,098,000
• Semi-detached properties: £756,000
• Terraced properties: £593,000
• Flats and maisonettes: £393,000

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Average private rents rose in Lewisham

The average monthly private rent in Lewisham was £1,757 in February 2025. This was an increase from £1,616 in February 2024, a 8.7% rise.

Across London, the average monthly rent was £2,235, up from £2,034 a year earlier.

Across Great Britain, the average rent price in February 2025 was £1,338, which was up from £1,238 in February 2024.

In Lewisham, the average rent for flats or maisonettes rose by 8.9%, while for terraced properties, it increased by 8.3%.

Average rent for one bed properties rose by 9.3%, while the average for four-or-more bed properties increased by 7.2%.

By how many bedrooms there are in a property, average rents as of February 2025 in Lewisham were:

• One bedroom: £1,394
• Two bedrooms: £1,717
• Three bedrooms: £1,970
• Four or more bedrooms: £2,629

Taking the data instead by property type, average rents were:

• Flats and maisonettes: £1,592
• Terraced properties: £2,001
• Semi-detached properties: £2,267
• Detached properties: £2,422

We also publish private rental affordability for local areas in England and Wales, comparing rents to household incomes.

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First-time buyers in Lewisham paid £442,000 on average in January 2025

The provisional average price paid by first-time buyers was £442,000 in January 2025. This was higher than the revised January 2024 average of £408,000.

In comparison, home-movers in Lewisham paid an average of £604,000 in January 2025. This was higher than £559,000 a year earlier.

In January 2025, the average price was £699,000 in London and £331,000 in Great Britain.

We do not produce figures for first-time buyer prices by type of property. Average house prices by property type for price paid data are available above.

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Average house price for mortgage buyers rose in Lewisham

The average price of a home bought with a mortgage in Lewisham was £496,000 in January 2025 (provisional). This was higher than an average of £458,000 in January 2024 (revised).

Across London, the average price of a home bought with a mortgage was £556,000, up from £540,000 a year earlier.

Across Great Britain, the average price for buying with a mortage in January 2025 was £278,000, which was up from an average of £264,000 in January 2024.

Our mortgage calculator shows how monthly repayments are changing at local area level, based on the latest house prices and interest rates.

For cash buyers in Lewisham, the average was £495,000 in January 2025 (provisional), which was up from a revised figure of £459,000 a year earlier.

In January 2025, the average was £602,000 in London and £256,000 in Great Britain.

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More data about Lewisham

Explore more local data for Lewisham.

More data on the housing market

This article is regularly updated with the most recent rents and house prices information. The full time series for rental prices can be found in our associated data releases. The full time series for house prices can be found in the UK House Price Index reports on gov.uk.

You can also read our most recent Private rent and house prices bulletin.

The methods used to produce the rental prices can be found in the Price Index of Private Rents Quality and Methodology Information. The methods used to produce the house prices can be found in the House Price Index Quality and Methodology Information.

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About this article

The content in this article is generated using semi-automated journalism, based on rules pre-programmed by Office for National Statistics (ONS) staff.

This is a new product in Beta release, intended to improve the accessibility of housing market data at local level. Send us feedback about this page or contact the Housing Market Indices team by emailing hpi@ons.gov.uk.

Articles are not available for Isles of Scilly and City of London, as the survey samples of the resident population are too small.

We aim to add Northern Ireland data to this tool in the coming months. Data for Northern Ireland is now included in our most recent Private rent and house prices bulletin.