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SE28

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New builds in SE28: what they really sell for.

5 new-build homes sold in SE28 in the last 12 months, 3% of all sales. New flat homes sold for a median £426,500, 64.5% more than existing ones.

London, covering Plumstead & Glyndon, Thamesmead East, Thamesmead Moorings, West Thamesmead.

New homes sold

5

3% of sales, last 12 months

New-build premium

+64.5%

Flat homes

Resold, vs market

—

Too few resales

Energy bills

—

No certificates yet

Developments

Where new homes have sold

New streets with three or more new-build sales in the last two years. Price per m² uses floor areas from each home's energy certificate.

Pilkington TerraceSE28 0FL, SE28 0FW · flat · 3 sold · latest Apr 2026
£320k–£500k
Vousden GroveSE28 0PG, SE28 0PJ · flat · 93 sold · latest Apr 2025
£260k–£510k£6,103/m²

The premium

New against existing homes

Median sold prices over the last two years. New homes are often a different size, so this is a guide rather than a like-for-like comparison.

Flat

+64.5%

New £427k · existing £259k

100 new-build sales

HM Land Registry price paid data, standard sales only, to September 2026. New homes appear once their sale is registered, usually a few weeks after completion.

Questions

How much more do new builds cost in SE28?

Over the last two years, new flat homes in SE28 sold for a median £426,500 against £259,250 for existing ones, a difference of +64.5%. New homes are often a different size or spec, so compare price per square metre for a specific plot.

Which new developments are selling in SE28?

Recent new-build sales recorded by Land Registry in SE28 include Pilkington Terrace, Vousden Grove. New streets appear once the first homes complete.

How do I know if a new build in SE28 is fairly priced?

Compare the asking price per square metre with plots already sold on the development, allow for the new-build premium, and negotiate extras as well as price. Proptel's new-build check does this for one plot for £9.99, with the extras to ask for and a letter for the sales office.

© 2026 Proptel · Property data for buyers