Area guides

›

SE3

› New builds

New builds in SE3: what they really sell for.

36 new-build homes sold in SE3 in the last 12 months, 9% of all sales. New flat homes sold for a median £506,550, 15.1% more than existing ones.

London, covering Blackheath, Blackheath Westcombe, Charlton Hornfair, Eltham Page, Greenwich Park, Kidbrooke Park, Kidbrooke Village & Sutcliffe.

New homes sold

36

9% of sales, last 12 months

New-build premium

+15.1%

Flat homes

Resold, vs market

+2.6%

Market +10.0%

Energy bills

~£666/yr

0% have solar

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.

Manor WaySE3 9AN · flat · 3 sold · latest Jun 2026
£250k–£435k£3,333/m²
Baldwin LaneSE3 9AY · terraced · 10 sold · latest Apr 2026
£753k–£833k£7,203/m²
Moorehead WaySE3 9EW · flat · 14 sold · latest Dec 2025
£420k–£595k
Townsend RoadSE3 9BZ, SE3 9EG · terraced, flat · 57 sold · latest Nov 2025
£350k–£800k
Astell RoadSE3 9EH, SE3 9FB · terraced, flat · 64 sold · latest Nov 2025
£345k–£800k£5,979/m²
Glenside GroveSE3 9NA · flat · 4 sold · latest Oct 2025
£92k–£169k
Ottley DriveSE3 9FT · terraced, flat · 3 sold · latest Feb 2025
£783k–£857k£6,260/m²
Handley DriveSE3 9BU · terraced · 3 sold · latest Jan 2025
£830k–£920k£7,000/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.

Terraced

+20.0%

New £819k · existing £683k

21 new-build sales

Flat

+15.1%

New £507k · existing £440k

138 new-build sales

Resale

Do new builds in SE3 hold their value?

Bought new, resold

+2.6%

Local market, same years

+10.0%

Kept pace

20 of 106

Typically held 5.1 years

Homes in SE3 that Land Registry records as bought new and later resold, against the UK house price index for the same type of home and years. Shared-ownership first sales are left out.

Running costs

What new homes here cost to run

Energy bills

~£666/yr

Typical 114 m² home

Typical rating

EPC B

Solar panels

0%

of homes

Heat pumps

0%

of homes

From the energy certificates of 20 recently built homes. Certificate costs use standard assumptions, so compare them rather than budget on them. A typical older D-rated home costs nearer £1,800 a year.

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 SE3?

Over the last two years, new flat homes in SE3 sold for a median £506,550 against £440,000 for existing ones, a difference of +15.1%. New homes are often a different size or spec, so compare price per square metre for a specific plot.

Do new builds in SE3 hold their value?

106 homes in SE3 bought new and later resold changed by a median +2.6%, typically after 5.1 years. The local market moved +10.0% over the same periods, so buyers of new homes generally lost some of the new-build premium.

Which new developments are selling in SE3?

Recent new-build sales recorded by Land Registry in SE3 include Manor Way, Baldwin Lane, Moorehead Way, Townsend Road, Astell Road. New streets appear once the first homes complete.

How do I know if a new build in SE3 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