True, southlonder, and that is a fast sale price.

michael, though I suspect your conclusion is probably roughly correct, I am not convinced by the method and this could mislead.

I don't think you can compare value for money in this way. You may have a better chance by taking into account average sq m but this becomes a tricky calculation if you are going to do it properly and would probably need to broken down by property type too to be of any use.

I personally doubt that Blackheath (SE3) is better value than Dulwich (SE21) by a factor of nearly 2! It is likely that there is a more active market in flats in Blackheath to account for this.