A complete guide to property investment in New Cross Gate.
Last updated: 18 September 2025
New Cross Gate stands out for its youthful and highly educated population, with a large proportion of residents in their twenties and thirties, and a high share of degree holders. The area is dominated by private and social rented housing, with owner-occupation well below typical levels for Britain but in line with many London districts. Rental demand is supported by a significant student presence and a professional workforce, contributing to a robust private rental market. The current median price per square foot is £628 per sq ft, while the price-to-income and rent-to-income ratios (7.2 and 35.1%) reflect the area’s typical London affordability pressures.
Sales liquidity is moderate, with 161 transactions over the past year and properties spending an average of 83 days on the market. Achieved sale prices are typically below asking by a median of £8,150 (the typical achieved discount), which is worth noting for investors considering entry or exit strategies.
Median price per sq ft
£628 / sq ft
Average rental yield
6.4%
Capital growth (1y)
3.8%
Sales in past year
161
* Property stats calculated for last full calendar year (2024).
Live prices in New Cross Gate, South East London
* Extreme prices clipped for legibility
Median price
£407,500
25% of properties below...
£300,000
75% of properties below...
£648,750
Most expensive property
£2,200,000
Live listings
158
Median days on market
83
Rental yields in New Cross Gate remain attractive given the 6.4%, and the area’s demographic profile points to ongoing demand for rental properties. The capital growth over the past year has changed by 3.8%, suggesting some recent resilience, but the three-year trend and annualised figures highlight that investors should temper expectations for rapid capital gains.
Affordability ratios such as 7.2 and 35.1% are typical for London and reflect the area’s urban character. Liquidity is reasonable, with properties spending around 83 days on the market and annual sales at 161. Overall, New Cross Gate offers solid rental prospects and long-term stability, but investors should approach with a focus on income rather than short-term capital growth.
Average yield (%)
* 2025 data for YTD
Median price per sq ft (£/sq ft)
* 2025 data for YTD
Investment properties in New Cross Gate, South East London
£350,000 - Guide Price
3 bedroom apartment for sale
New Cross Road, London, SE14
£375,000
2 bedroom flat for sale
Silver Close, New Cross, London, SE...
£160,000 - Guide Price
1 bedroom flat for sale
Myers Lane, New Cross, London, SE14
£675,000 - Guide Price
3 bedroom apartment for sale
Waller Road, New Cross, London, SE1...
£265,000
2 bedroom flat for sale
Samuel Close, New Cross
Buyers have some negotiation leverage, but not much.
• Median discount: £8,150
• 1 in 4 properties sell at > £25,000 below asking
• 1 in 10 properties sell at > £45,000 below asking
In percentage terms:
• Median discount of 2.0%
• 25% of properties discounted by > 3.2%
• 10% of properties discounted by > 5.7%
Top postcodes for rental yield and (annualised) capital growth
GeoGlider calculates property investment stats by blending official and proprietary datasets. Here's a quick overview of key sources and how we use them:
HM Land Registry: Property transaction and sold-price records for England & Wales used to calculate historical capital growth, price levels and comparables.
Office for National Statistics (ONS): Demographic and economic indicators for the UK, including Census 2021, supporting area profiling and market context.
Ordnance Survey: Authoritative UK geospatial data powering accurate boundaries, roads and terrain for mapping and spatial analysis.
GeoProp: Our proprietary AI pipeline that processes millions of property listings to extract rich features and live market signals.
Department for Levelling Up, Housing & Communities: Energy Performance Certificate (EPC) scores and property floor areas.
HM Revenue & Customs (HMRC): Household income and employment data to understand local affordability and economic conditions.
Data is updated continuously, matched across sources and rigorously validated.