Market outlook for DA16
Key indicators for buyers
The DA16 market is moderately favourable for buyers. Prices have softened (-21.0%), which could present a buying opportunity. Affordability has improved from a peak of 13.3x in 2021 to 12.2x today. Rising rents (£1,536/mo, +8.5%) mean the cost of waiting is real.
Price trends
Yearly averages · HM Land Registry Price Paid Data
Prices by property type
2026averages · HM Land Registry Price Paid Data
Affordability ratio
House price ÷ median earnings · ONS data
Affordability data shown for wider Bexley area
A home in Bexley costs 12.2x the local median salary — very stretched, improving from a peak of 13.3x in 2021.
Rental trends
Average monthly rent · ONS Private Rental Index
Rental data shown for wider Bexley area
Average monthly rent in Bexley is £1,536, up 8.5% year-on-year. Rents have risen consistently over the past five years.
Monthly mortgage
2yr fixed · 75% LTV · 25yr term · BoE avg. rate
Based on the average Bexley price of £438,313 with a 25% deposit (£110k), a 2-year fixed mortgage at 3.97% costs around £1,730 per month.
Rent vs buy snapshot
Monthly cost comparison based on current data
Uses DA16 avg. price with Bexley rental data
Monthly mortgage payments (£1,730) are £194 more than renting (£1,536). However, buying requires an upfront deposit of £110k — it would take around 11 years to recoup that cost compared to renting and investing the difference.
Recent sales
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
8, DOUGLAS ROAD DA16 1QZ | Terraced | £400,000 | 20 Jan 2026 |
146A, UPPER WICKHAM LANE DA16 3DX | Flat/Maisonette | £85,000 | 20 Jan 2026 |
22, LULWORTH ROAD DA16 3LQ | Semi-detached | £517,500 | 16 Jan 2026 |
128, OKEHAMPTON CRESCENT DA16 1DB | Semi-detached | £585,000 | 9 Jan 2026 |
54, SELSEY CRESCENT DA16 1ES | Semi-detached | £490,000 | 9 Jan 2026 |
50, KENMERE ROAD DA16 1PJ | Semi-detached | £505,000 | 9 Jan 2026 |
46, GRANVILLE ROAD DA16 1SQ | Terraced |
Data sources (all free & public): HM Land Registry Price Paid Data & UK House Price Index · ONS Housing Affordability Ratios · ONS Private Rental Index · Bank of England Quoted Household Interest Rates · HMRC Monthly Property Transactions
Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.