A home in Charlton costs about £485,000 at the middle of the market, and the middle hides two quite different purchases. Flats go for well under that. Terraced houses go for well over. Prices have hardly moved in a year. Nobody here is getting a bargain, and nobody is getting burned either.
The Land Registry recorded 109 sales in Charlton in the year to May 2026, at a median of about £485,000. Flats made up 48 of them at a median of about £375,000. Terraced houses accounted for 46 at about £700,000, and the 14 semi-detached houses came in at about £503,000. With flats and terraces close to level on volume, the median is a midpoint between two markets, and almost nobody actually pays it.
The house-price index for the area moved up about 0.1% in the twelve months to May 2026, to an average of about £463,000. That is a rounding error dressed as a headline. Flats in the same index fell about 1.8% over the year, which is good news for a first-time buyer eyeing a one-bed off Woolwich Road and rather less cheerful for whoever is selling it to them. With flats making up nearly half of local sales, ask for the lease length, the ground rent and the service charge early, because the price is only part of what a flat here costs.
Council tax is middling. Band C is the most common band in Charlton, with about 34% of homes in bands A or B. Greenwich sets band D at about £2,108 a year, which is the line most people can hold their current bill against.
Renting is priced at borough level. Across Greenwich, the Office for National Statistics puts typical private rent at about £1,950 a month as of April 2026, up about 4% on the year. By size, that runs to about £1,530 for a one-bed, £1,890 for a two-bed, £2,190 for a three-bed and £2,940 for four bedrooms or more. These are averages from the national rent index, and nobody in Charlton was asked about their own landlord.
Set the prices against what households earn and Charlton is a stretch, though not a fantasy. The Office for National Statistics models gross household income here at about £72,000 a year, before tax, for the financial year to March 2023. A typical sale at about £485,000 needs that income and a solid deposit behind it, and the income figure is three years old and averaged across an area where earnings vary a lot from street to street. The flats are where an ordinary pair of salaries does the sums and keeps a straight face.
The sales that can be measured put Charlton at a median of about £5,800 per square metre. That covers about 77% of the last year's sales, the ones that could be matched to the floor area on an energy certificate, and the typical home behind it is about 98 square metres. The rest of the sales left no floor area to measure, so the figure is a strong guide and an incomplete one.
Charlton's homes skew towards the family end. At the 2021 Census, about 18% of households had one bedroom, about 28% had two, about 39% had three and about 16% had four or more. Three bedrooms is the most common home here, and that is the size that pushes buyers out of the flat market and into the £700,000 terraces.
Charlton's prices are middling for this corner of London. They are within reach if you buy a flat and a real commitment if you want a house.