London has so many fantastic locations in each borough it can be difficult to decide where to invest. Sometimes it’s best to target the most affluent areas to take advantage of high demand for prime locations. In others, it is better to go for more affordable spots where your money can go further and there is more chance for growth in the future. We want to have a look at a great example of this here by exploring the most expensive and most affordable areas of a popular borough. Then, if you want to work with us to arrange guaranteed rent in Greenwich, we’re just a call away.

Figures

ONS and Land Registry figures give us a good idea of property prices in different parts of London. The latest data to March 2025 means we can rank the spots in Greenwich based on the average house price.

Interesting, the data shows quite a geographical divide. The areas with the highest house prices tend to be in the western and northern parts of Greenwich. However, more affordable areas are typically in the southern and eastern areas. This is likely because the latter are further from the centre of London. Many of the spots probably require some compromises in terms of amenities.

Top of the shop

According to the figures, Eltham Park is the most expensive area in Greenwich. The average house price at the time was £655,000. That is comfortably above the averages for London and the UK.

If you’re thinking of investing and guaranteed rent in Greenwich, Eltham Park ticks a lot of boxes. It’s got history, greenery, excellent schools, and lots of amenities. Many people aspire to live here because there is so much to do, including sport, theatre, and more. The parks are a big highlight, ideal for walks, jogging, and cycling.

There is also a very impressive selection of housing in Eltham Park, including terraces and semi-detached homes. Larger family houses are particularly popular, especially close to the best schools.

Make your money go further

At the opposite end, Charlton Riverside and Woolwich Dockyard had the most affordable homes. The average price at the time in the areas was an impressive £295,000. That is astonishing for London; it’s rare to find places where the average is below £300,000.

There are a few key reasons why these areas are more affordable than other spots. Notably, they are formerly industrial parts of the borough. There have been massive changes in both locations though, including large scale regeneration and the creation of new housing in vibrant neighbourhoods. However, there are some compromises including the ongoing construction work, green space, and lack of history.

Speak to us about guaranteed rent in Greenwich

Investing in homes in London can be a really fun experience, especially when it comes to exploring different areas and seeing what they have to offer for the prices. It’s a good idea to think about the things that add value to assets and attract renters. However, also look ahead for how areas can change. A former industrial spot today could be a thriving hotspot in the future.

If you’re planning to invest, we’d love to work with you. Crucially, we can provide a full range of outstanding services for clients. There is incredible flexibility here, including options for different types of assets in various parts of London. We excel at guaranteed rent and managing properties.

So, if you want to learn about guaranteed rent in Greenwich or any of our other services, please get in touch. We can even provide advice about finding the perfect assets if you’re struggling.