Property profile

2 Richard Close

SE18 5EB

Woolwich Dockyard

Area profile →

Map showing 2, Richard Close, London

Property Price
150k200k250k300k400k500k750k1.5M

Estimated sale price

£430,000

An indicative model estimate, not a survey or formal valuation.

This property vs market

Last sold29 Jan 2021
£390,000Change since last sale: +£39,000 (+9.9%)
Annualised change
+1.7% per yearGreenwich annualised change (semi-detached) since 2021: +2.3% per yearThis property's value grew slower than the market
Price per sq ftLocal median £496 per sq ft
£524 per sq ftEstimate vs local median: +£28 per sq ft (+5.5%)
Local sold pricesMedian for semi-detached in Woolwich Dockyard
£505,000Estimate vs local median: −£76,000 (−15%)
How this estimate is calculated

Area360's automated valuation uses available property details, recorded sales and local market data to estimate a sale price. This automated estimate is a guide, not a survey, mortgage valuation or formal valuation. See the valuation methodology and limitations.

Estimate calculated .

Property facts

Property typeHouse / Semi-Detached
TenureFreehold
Construction period1976-1982
Floor area76 m² / 818 sq ft
Rooms4 habitable / 4 heated
EPC ratingD
EPC inspection05 Jun 2020

Sales history

DatePriceChange
29 Jan 2021£390,000-

Local market

Property prices in Woolwich Dockyard

Median price£275,750
Price per sq ft£483
Sales (last 12 months)28
Typical range (middle 50%)£206K – £450K

Based on 28 recent sales, the median property price is £275,750 (about £483 per square foot) in Woolwich Dockyard area, with individual transactions ranging from £106,000 up to £628,614.

Prices by property typelast 12 months

Median sale price, median price per square foot, sales count, and percentile information for each property type in Woolwich Dockyard over the last year.
TypeSalesMedian£/sq ft
Detached1£628,614£679
Terraced9£450,000£442
Flats18£232,250£490

10-year price trendmedian sale price in Woolwich Dockyard

Sale price

Ten year median sale price trend for each property type in Woolwich Dockyard.
YearFlatsTerraced
2016£220,000£373,000
2017£240,000£407,500
2018£285,000£357,000
2019£285,000£392,500
2020£339,000£388,000
2021£226,250£400,000
2022£260,250£450,000
2023£286,500£560,500
2024£275,000£450,000
2025£242,500£460,000
2026£196,750£450,000
Ten year median sale price trend for each property type in Woolwich Dockyard.

Price per sq ft

Ten year median sale price per square foot trend for each property type in Woolwich Dockyard.
YearFlatsTerraced
2016£538£394
2017£457£389
2018£558£379
2019£447£395
2020£524£437
2021£405£432
2022£478£469
2023£472£468
2024£465£441
2025£521£443
2026£418£465
Ten year median sale price per square foot trend for each property type in Woolwich Dockyard.

Price distribution by property typelast 12 months

Price distribution by property type for Woolwich Dockyard in the last year.

Recent sales

There were 19 recent sold properties in the last 18 months near SE18 5EB.

Recent sold properties in the last 18 months near SE18 5EB
DateAddressTypeTenurePriceMap
28 Mar 20258, Rosebank Walk, London, SE18 5EDTerracedFreehold£455,000
14 May 20253, Paradise Place, London, SE18 5EETerracedFreehold£385,000
01 Jul 2025Flat 22, Rudgwick Court, 7, Woodville Street, London, SE18 5JHFlatsLeasehold£194,000
26 Feb 20265, Woodville Street, London, SE18 5JGTerracedFreehold£390,000
06 Jun 2025Flat 8, Chatham House, Rideout Street, London, SE18 5ETFlatsLeasehold£230,000

Other properties at this postcode

AddressTenureFloor areaLast sale
7, Richard Close, London-95 m²-

Area insights for SE18 5EB

Full area profile →

Overview

Postcode SE18 5EB is located in a major urban area, within the Woolwich Dockyard ward of Greenwich in the London region, and forms part of the Woolwich West area. It has very high deprivation and high crime levels, with around 104 crimes per 1,000 residents per year, about 20% below the London average of 130 per 1,000. The average income per household in Woolwich West is £63,447 per year. The nearest station is Woolwich Dockyard, about 0.2 miles away. There are 9 primary and 2 secondary schools in the area. There are 3 parks nearby, the closest large park is Maryon Wilson Park.

Crime rate
8/10
Crimes per 1k residents
104
Deprivation level
9/10
Income level
2/10
Social housing
62.4%
Connectivity
6/10
Flood Risk
No risk
Noise Level
No noise

Deprivation level

9/10

Woolwich West has a very high level of deprivation, ranked at position 4,708 out of 32,844 areas in the United Kingdom, placing it within the top 14% most deprived areas in England.

Crime level

8/10

Woolwich West has a high crime rate, with approximately 104 reported incidents per 1,000 population each year.

Social housing

62.4%

Approximately 62.4% of homes on this street are social housing provided by a local council or housing association. Across the surrounding area, around 55.0% of dwellings are socially rented.

Income level

2/10

The average income per household in Woolwich West is £63,447 per year.

Noise Level

No noise

No significant noise sources from railways or roads near SE18 5EB.

Flood risk

No risk

Woolwich West near SE18 5EB has no flood risk (less than 0.1% chance of a flood each year) from rivers and sea.

Transport

6/10

The nearest station is Woolwich Dockyard located about 0.2 miles away. There are 4 stations nearby.

Nearby public transport stations for SE18 5EB
DistanceZoneNameLinesDirections
0.2 mi

3

Woolwich Dockyard

Southeastern

Walking directions to Woolwich Dockyard
0.8 mi

4

Woolwich Arsenal

DLR, Southeastern

Walking directions to Woolwich Arsenal
0.9 mi

3

Charlton

Southeastern

Walking directions to Charlton

Parks

Nearby parks and green spaces for SE18 5EB
DistanceNameSizeDirections
0.4 miMaryon Wilson ParkLargeWalking directions to Maryon Wilson Park
0.3 miMaryon ParkLargeWalking directions to Maryon Park
0.5 miSaint Mary's GardenSmallWalking directions to Saint Mary's Garden

Area Profile

Population
392
Population density
10,566 per km²

Crime

Crime per 1,000 population

Violence and sexual offences
43.67(+41%)
Anti-social behaviour
28.57(+6%)
Other theft
12.4(+8%)
Vehicle crime
10.78(+15%)
Drugs
10.78(+74%)
London average

Demographics

Ethnic groups

British
98
24.87%
African
83
21.07%
Chinese
50
12.69%
Other Asian
48
12.18%
Bangladeshi
32
8.12%
Total population: 394

Economics

Education (age 16+)

Level 4+ (Degree)
103
32.8%
No qualifications
93
29.62%
Level 1 (GCSEs 3-1)
43
13.69%
Level 3 (A level)
37
11.78%
Level 2 (GCSEs 9-4)
24
7.64%
Total 16+ residents: 314

Housing

Housing tenure

Other social rented
54
46.15%
Social rents from council
19
16.24%
Private landlord or letting agency
17
14.53%
Owns with a mortgage
12
10.26%
Owns outright
11
9.4%
Total households: 117

Schools

In the SE18 5EB postcode area, located within Woolwich West, there are 9 primary and 2 secondary schools in close proximity.

Nearby primary and secondary schools for SE18 5EB
DistancePhaseNameTypeRating
0.1 miPrimaryWoodhill Primary SchoolAcademy converter

Good

0.2 miPrimaryCardwell Primary SchoolCommunity school

Outstanding

0.3 miSecondaryRoyal Greenwich Trust SchoolFree schools

Good

Local amenities

8 nearby supermarkets & convenience stores within mi of SE18 5EB

Nearby supermarkets & convenience stores for SE18 5EB
DistanceNameAddressDirections
0.2 miTJ's134 Woolwich Church Street, Woolwich, London, SE18 5NQWalking directions to TJ's
0.2 miLittle Heath Supermarket93 Little Heath, Charlton, London, SE7 8HAWalking directions to Little Heath Supermarket
0.3 miTesco ExpressCambridge Barracks Road, Greenwich, SE18 5EFWalking directions to Tesco Express
0.3 miLe's Convenience Store & Off-Licence8-10 Kingsman Parade, Woolwich, London, SE18 5QEWalking directions to Le's Convenience Store & Off-Licence
0.3 miLancey Convenience Store25 Lancey Close, Charlton, London, SE7 8DNWalking directions to Lancey Convenience Store