House prices in Bexley have gone down by an average of over £300 in the month of February, according to figures from the Land Registry.

The latest data from the government department reveals that in February 2023 average house prices in Bexley reached £399,578.

This was down from £399,887 in January, representing a 0.1 per cent decrease. In the last 12 months it has risen by 4.5 per cent.

If you are interested in buying or renting a home, you can see the latest properties in and around Bexley here.

How much have house prices decreased in Bexley?

Breaking it down for specific types of housing, some prices saw an increase despite the general fall.

  • Detached houses - Up to £691,528 from £689,147 in January
  • Semi-detached houses - Down to £515,554 from £515,562 in January
  • Terraced houses - Down to £408,211 from £409,776 in January
  • Flats - Up to £255,963 from £255,934 in January

News Shopper: What%are%the%latest%house%prices%in�xley%? (PA)What%are%the%latest%house%prices%in�xley%? (PA)

How do Bexley house prices compare to the UK average?

Despite the fall in prices this month, Bexley is still well above the UK average with a typical property value in the nations reaching £287,506 in February.

In cash terms, the average house price in February was £15,052 higher than a year earlier with house price growth accelerating to 5.5 per cent in February 2023. Prices were down by -1.0 per cent month on month.

How much could your house be worth?

We have created this map for the London so you can see the average house price in each neighbourhood since 1995.

Sites like Zoopla can offer an estimate valuation of your house if you input your postcode into their website here.

The above map can demonstrate which areas of Bexley are the most expensive for average house prices.