By Are you keeping up with Lewisham’s latest house price and rental trends? As Lewisham’s local estate agency, Charles Knight is here to break down the most recent housing market data from the Office for National Statistics (ONS)—so you can make informed decisions whether you're a landlord, homeowner, buyer or tenant.
In this month’s property spotlight, we dive into the ONS housing market data for May and June 2025, covering:
Average house prices
First-time buyer activity
Rental market trends
Market comparisons with London and the UK
Let’s explore what’s happening in Lewisham.
| House price - £500,000 | Monthly rent - £1,778 | First-time buyers - £443,000 | Mortgage buyers - £500,000 |
| The average house price in Lewisham was £500,000 in May 2025 (provisional), up 6.4% from May 2024. This was higher than the rise in London (2.2%) over the same period. | Private rents rose to an average of £1,778 in June 2025, an annual increase of 6.8% from £1,664 in June 2024. This was lower than the rise in London (7.3%) over the year. | The average price paid by first-time buyers was £443,000 in May 2025 (provisional). This was 6.0% higher than the average of £418,000 in May 2024 (revised). | For homes bought with a mortgage, the average house price was £500,000 in May 2025 (provisional). This was 6.4% higher than the average of £470,000 in May 2024 (revised). |
House Prices in Lewisham – May 2025
The average house price in Lewisham rose to £500,000 in May 2025 — a 6.4% year-on-year increase from £470,000 in May 2024 (revised).
This growth outpaced both:
London’s average of £566,000 (up from £554,000)
UK average of £269,000 (up from £259,000)
Annual House Price Inflation in Lewisham (Jan 2005 – May 2025)
Lewisham’s property market continues to show long-term upward momentum, demonstrating resilience and demand across various market cycles.
Property Type Breakdown (May 2025)
Looking at the change in average house prices by property type in Lewisham:
| Property Type | Avg. Price | YOY % Change |
|---|---|---|
| Detached | £1,128,000 | +8.3% |
| Semi-detached | £773,000 | — |
| Terraced | £597,000 | — |
| Flats & Maisonettes | £395,000 | +5.3% |
At Charles Knight, we align our valuation and marketing strategy to these trends—ensuring you price right and attract serious buyers quickly.
First-Time Buyers & Movers in Lewisham
In May 2025:
First-time buyers paid an average of £443,000, up from £418,000 (May 2024)
Home-movers paid £613,000, up from £573,000
These numbers demonstrate the growing affordability gap and reinforce why professional buyer guidance is essential—something our sales team is proud to deliver with integrity and market clarity.
Mortgages vs. Cash Buyers
The average mortgage-purchased property in Lewisham cost £500,000 in May 2025.
Interestingly, cash buyers paid the same average – £500,000 – suggesting competitive positioning for both segments.
Compare that with:
London mortgage average: £555,000
UK mortgage average: £278,000
London cash average: £614,000
UK cash average: £255,000
Whether you're buying with cash or via mortgage, our experienced advisors ensure smooth, fully qualified transactions from start to finish.
Rental Market in Lewisham – June 2025
Lewisham continues to offer attractive returns for landlords.
Average private rent: £1,778/month (up from £1,664 in June 2024)
Annual increase: +6.8%
Compare this to:London average: £2,252
UK average: £1,344
Rental Growth by Property Type
| Property Type |
| OY % Change | |
| Flats/Maisonettes | £1,613 | +7.1% | |
| Terraced Houses | £2,023 | — | |
| Semi-detached | £2,290 | — | |
| Detached | £2,442 | +6.4% |
Rental Growth by Bedroom Size
| Bedrooms | Avg. Rent | YOY % Change |
|---|---|---|
| 1 Bedroom | £1,413 | +7.4% |
| 2 Bedrooms | £1,740 | — |
| 3 Bedrooms | £1,993 | — |
| 4+ Bedrooms | £2,649 | +5.5% |
Landlord tip: With rising rents across all sectors, now is the ideal time to reassess your rental pricing. Charles Knight offers free rent reviews and portfolio consultations—to keep your yields healthy and voids low.
Want to Know What Your Property Is Worth?
Whether you're selling, buying, or letting—our expert team offers:
Rental income optimisation
Investment advice tailored to Lewisham’s latest data
Market forecasts based on trends from ONS & GOV.UK
Boost Your Property Knowledge Further:
Explore these valuable resources:
Final Thoughts
Lewisham remains a high-performing market in both sales and lettings—and Charles Knight is here to help you navigate every move with clarity, confidence, and care.
Source - ONS
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