New data from HM Land Registry reveals Greenwich's most affordable property transactions in 2024, illustrating a range of low-cost options in a high-value area. The cheapest sale was a garage on Courtlands Avenue for £5,000, shared by a residential property at 19A Glenluce Road at the same price. Other notable low-cost sales included properties sold at £15,000 and £30,000. These transactions highlight the availability of budget-friendly options amidst Greenwich's rapidly rising real estate prices, offering insights into the diverse property market in the borough.
Topping the list as the most affordable property sold in Greenwich is a garage on Courtlands Avenue, which changed hands for just 5,000 on December 19.
These transactions highlight that there are still affordable options available in a borough known for its soaring property values.
A residential property at 19A Glenluce Road, SE3, was also sold for 5,000 on July 31, making it the joint-cheapest transaction of the year.
While these transactions represent the lower end of Greenwich's property market, they showcase a range of budget-friendly flats to small commercial spaces.
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