
UK House Price Index August 2026: what London buyers, owners and executors need to know
London prices fell 2.2% in the year to August 2026 while the UK rose 0.9%. What it means for buyers, landlords and probate, CGT and divorce valuations.
Local coverage
Victorian and Edwardian suburbs, interwar semis, and extensive regeneration along the Thames.
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About the area
South East London covers Greenwich, Lewisham, Bexley, and Bromley, a belt of neighbourhoods that runs from the Thames down to the Kent border. The stock is dominated by Victorian and Edwardian terraces and semis in the inner areas (Greenwich, Blackheath, Lewisham, Brockley) and extensive 1930s suburban development further out. Greenwich itself retains a strong heritage character with significant listed building concentration.
Boroughs covered
Postcodes
SE3 · SE4 · SE6 · SE7 · SE8 · SE9 · SE10 · SE12 · SE13 · SE14 · SE18 · SE23 · SE26 · BR1 · BR2 · BR3 · BR4 · BR5 · BR6 · BR7 · BR8 · DA1 · DA5 · DA6 · DA7 · DA8 · DA14 · DA15 · DA16 · DA17 · DA18
Housing stock
Georgian houses in Blackheath and Greenwich, Victorian and Edwardian terraces through Brockley, Forest Hill, and Honor Oak, extensive 1930s semis across Bromley and Bexley, and post-war council estates in Thamesmead and Abbey Wood. Significant recent regeneration along the Greenwich peninsula and Woolwich waterfront.
Market context
South East London offers relatively good value compared to other quadrants of the capital, with strong transport links via the Elizabeth Line, DLR, and Southeastern services. The regeneration of Woolwich and Greenwich peninsula has driven new-build activity, while inner areas like Brockley, Honor Oak, and Forest Hill remain popular with families moving out of central London.
Market data
South East London is dominated by Victorian and Edwardian terraces, interwar semis in the outer boroughs, and a growing band of riverside regeneration stock from Greenwich out to Woolwich and Erith. It has been one of the steadier parts of the capital: in the year to July 2026 Lewisham edged up 0.7% to about £489,000, with terraced houses up around 3% and flats slightly down, Bexley rose 2% to about £413,000, Greenwich eased 1.4% to about £463,000, and Bromley dipped 3% to around £512,000. The bulk of transactions still fall between £400,000 and £750,000. Sales volumes across London recovered sharply on the spring of 2025, so competition for well-priced terraces has returned even as flats in the riverside developments remain slow. Period-terrace condition, roof coverings and historic movement remain the dominant survey concerns here. (Figures from the UK House Price Index, HM Land Registry and ONS, July 2026 data published September 2026; local figures are provisional and subject to revision.)
Data: July 2026 (UK House Price Index, published 16 September 2026) · refreshed October 2026 · reviewed quarterly
What we often find
Subsidence risk in clay soil areas, particularly southern Bexley and Bromley
Aluminium window frames and original 1930s glazing requiring replacement
Historic flat roof failures on 1930s bay extensions
Damp and ventilation issues in Victorian basement conversions
Asbestos-containing materials in post-war housing stock
Neighbourhoods
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