The average Lewisham home was worth £491,259 in June, just £2,698 more than a year earlier. Flats fell 0.8% over the year while terraces rose 2.3%.

The average Lewisham home was worth £491,259 in June 2026, according to the latest Land Registry UK House Price Index. That is 0.6% more than a year earlier, and 1.6% less than in May.

Put in pounds, the annual figure is smaller than it sounds. A year ago the borough average was £488,561. Twelve months of the market have added £2,698, less than a single month’s mortgage payment on many Lewisham homes.

Line chart of the average Lewisham house price from June 2025 to June 2026, starting at 488,561 pounds, peaking above 500,000 pounds in October 2025 and May 2026, and ending at 491,259 pounds in June 2026
The monthly line swings widely, but the start and end points are close together.

Flats are worth less than a year ago

The borough-wide number hides a clear split by property type. Terraces and semis are rising; flats are going backwards.

Property type June 2026 average Annual change
Detached £1,118,334 +0.5%
Semi-detached £776,060 +1.9%
Terraced £603,258 +2.3%
Flat or maisonette £379,341 -0.8%
All property types £491,259 +0.6%

That matters more in Lewisham than it would in a leafier borough, because flats are a large share of what actually sells here. A Lewisham flat owner who bought a year ago is, on this measure, slightly down.

The index also gives a first-time buyer average of £433,891, up 0.3% over the year. On the same measure, an existing owner-occupier’s home averages £608,065.

Rising, while London falls

Lewisham’s modest gain looks better once you set it against the capital:

  • London: £553,870, down 2.5% over the year.
  • England: £293,262, up 1.8%.
  • Lewisham: £491,259, up 0.6%.

So the borough is doing better than London as a whole and worse than England. Among the neighbours, only Southwark is growing faster.

Borough June 2026 average Annual change
Southwark £582,473 +2.2%
Lewisham £491,259 +0.6%
Greenwich £465,132 -0.5%
Bromley £518,235 -1.4%
Lambeth £548,034 -3.3%

Two things to know about this number

It is a mean, not a median. UKHPI averages the value of all homes, so a handful of large sales pull it upward. The typical Lewisham sale price is lower than £491,259. Anyone using this figure as a household budget should treat it as a market indicator rather than an asking price.

Recent months get revised. When May’s figures first appeared, the borough average was published as £496,774, an annual rise of 2.3%. In this release, May has been revised up to £499,014 and 2.7%. Land Registry restates recent months as more completed sales are registered, so the newest month in any release is the least settled. June’s £491,259 will move too.

That volatility is visible in the chart above. Over the past thirteen months the annual change has been reported as high as 4.2% and as low as minus 0.9%. The steadier reading is the one the two endpoints give: broadly flat.

What it means for you

  • Selling a flat? The index says the market has not been on your side this year. Price against recent comparable sales on your street, not against the borough headline.
  • Selling a terrace or semi? These are the types with real annual growth, at 2.3% and 1.9%.
  • Buying? Lewisham remains around £62,000 below the London average and about £27,000 below Bromley, while rising slightly where both are falling.
  • Do not read one month as a trend. June’s 1.6% monthly fall follows a 2.0% monthly rise in May. Both will be revised.
  • Our Lewisham house prices page sets out prices by area and how the borough splits, and council tax bands covers the annual bill that comes with the purchase.

Sources

Lewisham News pulled these figures from the Land Registry UKHPI API on 21 August 2026. UKHPI is a mean average and recent months are subject to revision.