Area market snapshot · in London

New Cross property market

Updated 4 October 2026 · refreshed daily

Map: New Cross sits in south-east London, in Lewisham, about 4 miles from the centre.
Median asking price
£472,000↓ 16% below London

334 for sale · London £565k

Median sold price · 12 months to January 2026
£505,000↓ 4% below London

London £525k

Typical asking range
Typical asking range (middle half of listings) and median
MarketRange lowMedianRange high
New Cross£350,000£472,000£596,250
London£400,000£565,000£875,000

Each band covers the middle half of asking prices.

How New Cross differs from London
  • Flats are 78% of what's for sale, compared to 67% across London
The last 30 days

More homes came onto the market in New Cross than left it

New listings
86

↑ 69% · was 51

Price cuts
42

↑ 180% · was 15

Went off market
50

↑ 61% · was 31

Typical time listed
104 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

55% of New Cross listings ask under £500k, a bigger share than London (40%)

Share of current listings by asking-price band
Price bandNew Cross listingsNew Cross shareLondon share
<£300k3811%10%
£300k–400k7222%14%
£400k–500k7422%16%
£500k–650k7322%18%
£650k–800k3711%12%
£800k–1m175%9%
£1m–1.5m134%9%
£1.5m+103%12%

Prices by property type

Current listings and Land Registry sales in New Cross, set against London

Flats are 78% of homes for sale in New Cross, against 67% across London

Share of homes for sale by property type
property typeNew CrossLondon
Flats (261 for sale)£78£67
Terraced (48 for sale)£14£13

Flats in New Cross ask £425k, 11% less than London flats (£475k)

Median asking price of current listings; the count under each row

Median asking price by property type
property typeNew CrossLondon
Flats (261 for sale)£425,000£475,000
Terraced (48 for sale)£737,500£640,000

Price per square foot

Sold · 12 months to July 2026
£687per sq ft↑ 15% above London

230 matched sales

London: £596 per sq ft

Asking · current listings
£651per sq ftIn line with London

263 listings with a known floor area

London: £659 per sq ft

Sold prices per sq ft in New Cross are up 16% over 10 years, to £687

London: up 16% to £596 over the same period

Sold price per square foot over time (12-month windows ending each quarter); the chart plots each line as the percentage change since its first point
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
Jul 2026£687£596

Homes sold in New Cross

Completed sales
402↓ 3% vs previous year

Previous 12 months: 416 sales

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

London: £525,000

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

London: up 27% to £525k over the same period

Median sold price over time (12-month windows ending each quarter); the chart plots each line as the percentage change since its first point
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£522k
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
Jan 2026£505k£525k

402 homes sold in New Cross in the 12 months to January 2026, in line with New Cross's five-year norm

London is 2% above its own five-year norm

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 2025460
Sept 2025436
Dec 2025413
Jan 2026402

What listings offer

New Cross has less parking and fewer gardens and fewer chain-free homes than London.

Gardens
45%

Fewer gardens than London

45% of listings have a garden; London: 53%. 151 of 334 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%. 82 of 334 listings have parking or a garage. Counted from listing descriptions, so treat as a lower bound.
Chain-free
25%

Fewer chain-free homes than London

25% of listings are listed as chain-free; London: 28%. 85 of 334 listings are listed as chain-free. Counted from listing descriptions, so treat as a lower bound.

Recent sales in New Cross

The newest completed sales registered with HM Land Registry

AddressSoldPrice
Flat 3, 38 Manor Avenue · SE4 1PDFlat · LeaseholdJul 2026£380,000
49 Gellatly Road · SE14 5TUTerraced · FreeholdJul 2026£1,195,000
Flat A, 12 Breakspears Road · SE4 1UWFlat · LeaseholdJul 2026£493,000
10a Wickham Road · SE4 1PBFlat · LeaseholdJul 2026£650,000
54 Farrow Lane · SE14 5DBTerraced · FreeholdJul 2026£540,000

Current listings worth a look

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

Watching the New Cross market?

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Looking at one home in New Cross?

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How nearby areas compare

Current listings around New Cross

AreaFor saleMedian askingSold £/sq ft
New Cross334£472k£687
Deptford363£450k£627
Peckham955£450k£674
Rotherhithe840£541k£678
Lewisham718£420k£604
Bermondsey1,310£600k£712
Greenwich1,131£490k£647
Canary Wharf1,130£550k£646
Millwall918£565k£659
Blackheath859£500k£607
Camberwell804£450k£698
East Dulwich613£525k£770
Hither Green325£425k£579
Londonbenchmark66,144£565k£596

Key facts about New Cross

  • Rising: the median sold price in New Cross is up 31% over the last 10 years and up 4% over the last 12 months.
  • Homes for sale skew cheaper than in London: 55% of current listings in New Cross ask under £500k, against 40% across London.
  • Sales are in line with New Cross's five-year norm: 402 homes sold in the 12 months to January 2026, against a norm of 404 a year; 86 homes came onto the market in the last 30 days and 50 left it.

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 334 homes for sale in New Cross is £472,000 (as of 4 October 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 £596,250. That is 16% below London. Homes that actually sold in New Cross went for a median £505,000 (Land Registry, 12 months to January 2026).

Are house prices in New Cross rising or falling?

Rising. Based on HM Land Registry completed sales, the median sold price in New Cross is up 31% over the last 10 years and up 4% over the last 12 months (12 months to January 2026). These medians compare the homes that happened to sell in each window, so they mix price movement with changes in what sold.

Is New Cross cheaper than London?

Yes: asking prices in New Cross are typically lower than across London. The median asking price in New Cross is £472,000 against £565k across London: 16% below London. Some of that gap reflects what is for sale in each place rather than like-for-like value. The saving holds from the lower end to the top of the market.

How many homes are for sale in New Cross?

334 homes are on the market in New Cross right now, up 14% since 31 Aug, 86 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?

42 listings in New Cross had their asking price reduced in the last 30 days, about 13% 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 104 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 £425,000. Houses are quoted by type rather than as one figure, because the mix moves the number more than the market does: the largest group on the market is terraced houses, at a median £737,500 across 48 listings. The Prices by property type chart on this page covers every type we track.

How much is a two-bedroom flat in New Cross?

The median asking price for a two-bedroom flat in New Cross is £500,000, across 128 current listings.

How much is a three-bedroom house in New Cross?

There is no single three-bedroom house price: the largest group of three-bedroom houses for sale in New Cross is terraced houses, at a median asking price of £700,000 across 21 listings. The Size × type view on this page covers every combination we track.

What is the price per square foot in New Cross?

In New Cross, homes that sold went for a median £687 per sq ft (HM Land Registry and EPC data), and current listings with a known floor area ask a median £651 per sq ft.

How these numbers are made

  • Asking figures: Current listings we track across estate agents and portals (334 in New Cross), refreshed daily, as of 4 October 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 October 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. Sold prices and sales counts cover the 12 months to January 2026; sold price per square foot covers the 12 months to July 2026, with floor areas from EPC certificates (the two run on different pipelines, and the latest months are left out while sales are still being registered). 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.