A typical home in Blackheath sells for about £540,000. A flat costs less than that, and a house on the heath costs a lot more. Flats make up most of the sales. Terraces sell for more than a semi costs in plenty of outer London. Prices are flat, and Blackheath has been taking its time.
The Land Registry recorded 299 sales in the year to May 2026, at a median of about £540,000. Most of them were flats: 161 sold at a median of about £450,000. The 82 terraced houses went for about £646,000 and the 41 semis for £720,000. Detached houses reached £1,400,000, but only 15 sold, so that number comes from a small sample and a few big gardens. The jump from a terrace to a semi is mostly the price of having a wall to yourself.
The official house price index covering Blackheath put the average at about £463,000 as of May 2026. That is 0.1% higher than a year earlier, which is about as close to no change as a market gets. Flats on the same index fell about 2% over the twelve months, so the cheapest way in has become slightly cheaper. That's good news for a first-time buyer, and less so for anyone who bought a flat near the station expecting the heath to do the work.
On council tax, band C is the most common, and 14% of homes are in the two cheapest bands, A and B. A band D bill is about £2,108 a year, which is the easiest figure to hold against what you pay now.
Typical private rent across the Greenwich area is about £1,950 a month as of April 2026, up about 4% on the year. The Office for National Statistics calculates that as an average for the whole borough, and a flat overlooking the heath will have its own ideas. By bedroom, the borough averages are about £1,530 for one bedroom, £1,890 for two, £2,190 for three and £2,940 for four or more. There are no published figures for studios or single rooms.
The Office for National Statistics modelled gross household income here at about £81,000 for the financial year to March 2023, before tax and averaged across the area. That is a comfortable income on paper. Next to a £540,000 median it is still a stretch for one household, and the mortgage gets paid from the after-tax figure, which is smaller.
Of the sales that could be matched to an energy certificate's floor area, about 62% of the total, the median price was about £7,000 per square metre, and the typical home behind that figure measures 88 square metres. A floor area like that is a solid two-bedroom flat or a narrow terrace. On a period house, check whether it is on the listed building register before pricing any work, because a listed building can cost more to put right than it did to buy.
At the 2021 census, 20% of homes had one bedroom, 34% had two, 30% had three and 17% had four or more. That makes two bedrooms the standard size here, with three close behind. Buyers who want a fourth bedroom are competing for less than a fifth of the stock, and that fifth includes most of the houses with a view of the heath.
Blackheath is middling on price. It is expensive enough to need two incomes, it hasn't risen enough over the year to need a hurry, and it is still cheaper per square metre than its Georgian front doors suggest.
