Area market snapshot · in London

New Cross property market

Updated 20 August 2026 · refreshed daily

Map: New Cross sits in south-east London, in Lewisham, about 4 miles from the centre.
Median asking price
£450,000↓ 18% below London

London: £550k

278 homes for sale in New Cross. Half of them ask between £350k and £575k. Updated 20 August 2026.

Median sold price
£505,000↓ 4% below London

405 Land Registry sales in the 12 months to December 2025 · London £528k

Typical asking range
Typical asking range (middle half of listings) and median
MarketRange lowMedianRange high
New Cross£350,000£450,000£575,000
London£399,000£550,000£850,000

Buying in New Cross typically costs less than London: the median asking price is 18% lower, and the saving holds from the lower end to the top of the market.

Each band covers the middle half of asking prices.

How New Cross differs from London
  • Only 25% of listings have parking, compared to 43% across London
  • Flats are 74% of what's for sale, compared to 60% across London
The last 30 days

Homes came onto and left the New Cross market at a similar pace

New listings
43

↓ 16% · was 51

Price cuts
23

↓ 12% · was 26

Went off market
49

↑ 9% · was 45

Typical time listed
77 days

before going off the market

Changes compare with the prior 30 days.

Asking prices

Where homes in New Cross sit by price band, against London

Homes for sale in New Cross skew cheaper than in London

57% of New Cross listings ask under £500k, a bigger share than London (41%)

Share of current listings by asking-price band
Price bandNew Cross listingsNew Cross shareLondon share
<£300k3814%11%
£300k–400k6323%15%
£400k–500k5821%16%
£500k–650k6523%18%
£650k–800k3312%12%
£800k–1m83%9%
£1m–1.5m83%8%
£1.5m+52%11%

Asking prices by type

All homes for sale in New Cross, set against London

Flats are the most common property type for sale in New Cross and ask 16% less than London flats

Median asking price by property type
property typeNew CrossLondon
Flat (207 for sale · 74%)£400,000£475,000
Maisonette (19 for sale · 7%)£500,000£450,000
Mews (5 for sale · 2%)£525,000£1,250,000
End of Terrace (9 for sale · 3%)£600,000£600,000
Terraced (15 for sale · 5%)£725,000£600,000
House (13 for sale · 5%)£725,000£995,000
Semi-detached (5 for sale · 2%)£1,400,000£700,000

Price per square foot

Sold · 12 months to June 2026
£685per sq ft↑ 15% above London

261 matched sales

London: £598 per sq ft

Asking · current listings
£631per sq ft↓ 4% below London

210 listings with a known floor area

London: £658 per sq ft

Asking price per sq ft by property type in New Cross

Current listings with a known floor area; the count under each row

Median asking price per sq ft by property type
property typeNew CrossLondon
Flats (167 listings)£619£692

Asking against sold price per sq ft by property type in New Cross

Today's listings against Land Registry sales in the 12 months to June 2026

TypeAskingSoldAsking vs sold
Flat / maisonette£619167 listings£655162 sales-5.5%

Per square foot, so size differences are already taken out; what remains is a mix of pricing, condition and which homes happen to be for sale versus sold. Context, not a discount.

Sold price per sq ft by property type in New Cross

Median sold price per sq ft by property type
property typeNew CrossLondon
Flat / maisonette (162 sales)£655£616
Terraced (79 sales)£724£604

Sold prices per sq ft in New Cross are up 16% over 10 years, to £685

London: up 16% to £598 over the same period

Sold price per square foot over time (12-month windows ending each quarter)
Window endsNew CrossLondon
Sept 2016£590£515
Dec 2016£593£523
Mar 2017£594£525
Jun 2017£597£529
Sept 2017£604£533
Dec 2017£606£535
Mar 2018£610£536
Jun 2018£605£535
Sept 2018£610£534
Dec 2018£604£533
Mar 2019£599£530
Jun 2019£599£526
Sept 2019£595£524
Dec 2019£597£525
Mar 2020£600£529
Jun 2020£608£531
Sept 2020£615£536
Dec 2020£629£547
Mar 2021£635£555
Jun 2021£630£562
Sept 2021£630£564
Dec 2021£630£566
Mar 2022£624£571
Jun 2022£644£579
Sept 2022£661£595
Dec 2022£669£605
Mar 2023£668£608
Jun 2023£661£609
Sept 2023£653£605
Dec 2023£640£601
Mar 2024£638£600
Jun 2024£633£600
Sept 2024£636£602
Dec 2024£645£605
Mar 2025£657£606
Jun 2025£660£607
Sept 2025£673£606
Dec 2025£678£604
Mar 2026£684£601
Jun 2026£685£598

Sold figures: HM Land Registry and EPC data, excluding new-builds. Asking figures: current listings with a known floor area.

Homes sold in New Cross

Land Registry records for the 12 months to December 2025

Completed sales
405in line with previous year

Previous 12 months: 405 sales

Median sold price
£505,000↓ 4% below London

London: £527,500

Market pace
0%in line with 5-year norm

vs New Cross's norm of 404 sales a year · London: +2%

Sales are in line with New Cross's five-year norm; London is 2% above its own norm.

How sold prices have moved by property type in New Cross

Median sold price in the 12 months to December 2025 against the same window one and five years earlier

TypeSalesMedianvs 1 year agovs 5 years ago
All types405£505k+3.6%+9.7%
Flat / maisonette270£432k+4.7%+4.9%
Terraced113£795k+6.0%+9.7%

Changes compare medians of different homes sold in each window, so they mix price movement with what happened to sell; cells with fewer than 30 sales at either end are n/a.

Median sold price by property type in New Cross

Number of sales in the window under each type

Median sold price by property type
property typeNew CrossLondon
Flat / maisonette (270 sales)£432,000£430,000
Terraced (113 sales)£795,000£591,000
Semi-detached (17 sales)£1,290,000£625,000
Detached (5 sales)£925,000£905,000

The median sold price in New Cross is up 31% over 10 years, to £505k

Now 4% below London (£528k)

Median sold price over time (12-month windows ending each quarter)
Window endsNew CrossLondon
Mar 2016£385k£415k
Jun 2016£405k£425k
Sept 2016£415k£430k
Dec 2016£406k£435k
Mar 2017£415k£440k
Jun 2017£420k£445k
Sept 2017£437k£450k
Dec 2017£450k£455k
Mar 2018£455k£459k
Jun 2018£460k£459k
Sept 2018£443k£458k
Dec 2018£440k£457k
Mar 2019£433k£455k
Jun 2019£431k£455k
Sept 2019£441k£455k
Dec 2019£436k£460k
Mar 2020£440k£465k
Jun 2020£437k£465k
Sept 2020£442k£475k
Dec 2020£461k£490k
Mar 2021£495k£500k
Jun 2021£490k£510k
Sept 2021£483k£505k
Dec 2021£481k£500k
Mar 2022£460k£500k
Jun 2022£473k£500k
Sept 2022£484k£520k
Dec 2022£489k£525k
Mar 2023£488k£525k
Jun 2023£475k£526k
Sept 2023£455k£525k
Dec 2023£448k£521k
Mar 2024£450k£522k
Jun 2024£465k£521k
Sept 2024£470k£525k
Dec 2024£488k£525k
Mar 2025£500k£526k
Jun 2025£500k£530k
Sept 2025£500k£530k
Dec 2025£505k£528k

405 homes sold in New Cross in the 12 months to December 2025, in line with the year before

Previous 12 months: 405

Homes sold over time (12-month windows ending each quarter)
Window endsNew Cross
Mar 2016480
Jun 2016476
Sept 2016464
Dec 2016415
Mar 2017403
Jun 2017378
Sept 2017358
Dec 2017362
Mar 2018353
Jun 2018357
Sept 2018361
Dec 2018355
Mar 2019327
Jun 2019312
Sept 2019318
Dec 2019326
Mar 2020344
Jun 2020325
Sept 2020297
Dec 2020322
Mar 2021396
Jun 2021541
Sept 2021563
Dec 2021520
Mar 2022432
Jun 2022342
Sept 2022364
Dec 2022404
Mar 2023431
Jun 2023385
Sept 2023364
Dec 2023337
Mar 2024316
Jun 2024347
Sept 2024386
Dec 2024405
Mar 2025473
Jun 2025458
Sept 2025430
Dec 2025405

Recent sales in New Cross

The newest completed sales registered with HM Land Registry

AddressSoldTypePrice£/sq ft
182c Drakefell Road · SE4 2DSJun 2026Flat / maisonette · Leasehold£400,000£630
Flat 2, 194 Tressillian Road · SE4 1XYJun 2026Flat / maisonette · Leasehold£570,000n/a
Penthouse, 132 Lewisham Way · SE14 6PDJun 2026Flat / maisonette · Leasehold£412,500n/a
29a Kitto Road · SE14 5TWJun 2026Flat / maisonette · Leasehold£335,000£662
9 Silver Close · SE14 6DFJun 2026Flat / maisonette · Leasehold£250,000£540
Flat 5, 64 Wickham Road · SE4 1LSJun 2026Flat / maisonette · Leasehold£532,500£811
39 Foxberry Road · SE4 2SRJun 2026Terraced · Freehold£905,000£757
136b Drakefell Road · SE4 2DSMay 2026Flat / maisonette · Leasehold£540,000£772
110b Pepys Road · SE14 5SGMay 2026Flat / maisonette · Leasehold£500,000£815
150c Tressillian Road · SE4 1XYMay 2026Flat / maisonette · Leasehold£495,000£719
29b Casella Road · SE14 5QNMay 2026Flat / maisonette · Leasehold£388,000£621
35 Water Lane · SE14 5DNMay 2026Flat / maisonette · Leasehold£243,000£513

Contains HM Land Registry and EPC data.

What listings offer

Gardens
46%

Fewer gardens than London

46% of listings have a garden; London: 52%. 128 of 278 listings have a garden. Counted from listing descriptions, so treat as a lower bound.
Parking
25%

Less parking than London

25% of listings have parking or a garage; London: 43%. 69 of 278 listings have parking or a garage. Counted from listing descriptions, so treat as a lower bound.
Chain-free
24%

Fewer chain-free homes than London

24% of listings are listed as chain-free; London: 28%. 68 of 278 listings are listed as chain-free. Counted from listing descriptions, so treat as a lower bound.

Current listings worth a look

Picked by simple rules, not adverts: cheapest, most space, gardens

Watching the New Cross market?

Perch sends you the new listings, price drops and off-market moves that match your search, every morning, from every estate agent we track.

Set up my daily briefing

How nearby areas compare

Current listings around New Cross

AreaFor saleMedian askingMedian 2-bedSold £/sq ftHouses
New Cross278£450k£500k£68516%
Deptford337£450k£450k£6325%
Peckham779£450k£450k£68217%
Rotherhithe774£520k£525k£68311%
Lewisham678£425k£400k£60426%
Londonbenchmark62,310£550k£500k£59831%

New Cross property market: common questions

Where is New Cross?

New Cross sits in south-east London, in Lewisham, about 4 miles from the centre.

What is the average house price in New Cross?

The median asking price across the 278 homes for sale in New Cross is £450,000 (as of 20 August 2026). We quote the median (the middle listing) rather than a mean, because a handful of very expensive homes would pull a mean upwards. Half of listings ask between £350,000 and £575,000. That is 18% below London. Homes that actually sold in New Cross went for a median £505,000 (Land Registry, 12 months to December 2025).

How many homes are for sale in New Cross?

278 homes are on the market in New Cross right now, 43 of them listed in the last 30 days. Perch counts every listing it tracks across estate agents and portals, refreshed daily.

Are house prices being cut in New Cross?

23 listings in New Cross had their asking price reduced in the last 30 days, about 8% of the homes currently for sale.

How long are homes on the market in New Cross?

Of the New Cross listings that came off the market in the last 30 days and that we first saw after we began tracking the area, the typical one had been advertised for 77 days. Coming off the market usually means sold subject to contract, but it can also mean withdrawn, so treat this as time advertised rather than time to sell.

How much do flats and houses cost in New Cross?

The median asking price for a flat in New Cross is £400,000; for a house it is £675,000. Use the property type and bedroom filters on this page for a finer cut.

What is the price per square foot in New Cross?

In New Cross, homes that sold went for a median £685 per sq ft (HM Land Registry and EPC data), and current listings with a known floor area ask a median £631 per sq ft.

How these numbers are made

  • Asking figures: Current listings we track across estate agents and portals (278 in New Cross), refreshed daily, as of 20 August 2026. We quote medians, never means, and suppress anything based on fewer than 5 listings.
  • Off market and time listed: Off-market counts include only listings confirmed off the market after a short grace period; "typical time listed" is time advertised, not time to sell. We have tracked New Cross since September 2025.
  • London comparisons: The same daily snapshot taken across the whole of London, so both sides of every comparison share one basis. Where a comparison spans all property types, some of the gap reflects what is for sale here.
  • Sold figures: HM Land Registry price paid data for the 12 months to December 2025 (the latest months are left out while sales are still being registered), with floor areas from EPC certificates. England and Wales; new-builds and non-standard transactions excluded.

Contains HM Land Registry data © Crown copyright and database right 2026, licensed under the Open Government Licence v3.0, and Energy Performance of Buildings Data: England and Wales © Crown copyright.