As the summer unfolds, property sellers across Beckenham, Bromley, Catford, Orpington, Greenwich and other parts of South East London are navigating a market that's shifting in both pace and pressure. While buyer demand remains steady, growing stock levels — particularly in the one and two-bedroom sector — are creating a more competitive environment
June brought a surprise for the market: average asking prices dropped by 0.3%, or £1,277, to £378,240. This is unusual for the season and signals a broader trend — sellers are pricing more realistically to secure motivated buyers. In areas like Park Langley, Penge, and Anerley, where demand remains high but buyers have more choice, accurate pricing from day one is now vital.
Government reforms continue to reshape the investment landscape. Many landlords are offloading their portfolios, especially one and two-bedroom flats, due to tightened legislation and rising costs. The additional 5% stamp duty on second homes is also discouraging new investors, leading to a rise in available stock across places like Catford, Bickley, and Greenwich Village — and causing a ripple effect across the wider market.
This surge in supply, coupled with reduced investor demand, is likely contributing to the dip in asking prices seen this month.
In more affordable regions like Wales, Yorkshire & The Humber, prices are rising — but here in the South East, particularly across Blackheath, Eltham, and Mottingham, higher stamp duty charges and increased supply are putting downward pressure on prices.
That said, national asking prices remain 0.8% higher than they were in June 2024 — proof of the market’s underlying resilience, especially when homes are well-presented and professionally marketed.
Sales agreed in May were the strongest since March 2022, up 6% year-on-year. Buyer interest is also 3% higher compared to last year, though competition among sellers is fiercer with 11% more homes now on the market.
Right now, properties that receive enquiries on the first day of marketing are 22% more likely to go under offer — a statistic that highlights the importance of standout photography, digital staging, and expert marketing (all of which Integra-Estates provides as standard).
First-time buyers: £228,780 (–0.4% MoM)
Second-steppers: £348,290 (–0.1% MoM)
Top of the ladder: £698,503 (–0.8% MoM)
If you're thinking of selling in Beckenham, Bromley, Blackheath, or beyond — now is a key moment. With more stock available, your home needs to stand out. That means accurate pricing, striking presentation, and expert local representation.
At Integra-Estates, we don’t just list your home — we invest in your sale with exceptional marketing, detailed valuations, and honest advice rooted in local knowledge.
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