Navigating property values in BR1 4

A view of South London terraced houses and their chimneys

South London has seen major growth as a popular location for renters, first time buyers, and real estate investors. Here at Jukes, we want to analyse how property prices have changed over time and provide key insights to help you: sell or purchase a home at the optimal price.
In this guide we’ll examine macroeconomic factors impacting property values, and take a close look at price changes depending on the type of home you own or plan to acquire.
Note: The data in this article covers 2010 – 2021. We’re working to enhance this model and article with the most up-to-date 2023 figures.

Location factors impacting property prices in BR1 4

Check for future developments

An area’s appeal can be measured by its number of upcoming or in-progress developments. More housing means more potential residents, raising demand. To see if this impacts BR1 4 properties you may buy or sell, we’ve compiled all planned projects from the London mayor’s website into the table below.

Closeness to public amenities

One major feature of a property may not necessarily be the size of the garden or the number of rooms. Obviously these correspond to your needs as a buyer, and landlord or a seller. What will truly bring value to your property in BR1 4 will also be its proximity to amenities.

The following ones make a significant impact on the price.

  • Transport
  • Hospitals
  • Schools
  • Restaurants & pubs

We have gathered in the following table how your postcode sector (BR1 4) is served according to the above list

Type of amenities Number in BR1 4
NHS Trusts (hospitals) 0
Practioners 56
Pharmacies 5
Schools 6
Shopping centres (within 5mi) 8
Public transports (train or tube stations) 0

Now that we’ve reviewed how the price per square metre in BR1 4 has shifted over time, let’s explore factors impacting the worth of properties you may buy or sell.

Property factors increasing prices in BR1 4

Property features & built form

Features like built form, number of rooms, bathrooms etc. significantly impact price – more and newer features mean higher prices.
For built form, we consider:

Built form Definition according to RCIS website
Detached “A detached house is a stand-alone residential structure that does not share outside walls with another house or building.”
Semi detached “A dwelling attached to another building or dwelling by one common party wall. Often each house’s layout is a mirror image of the other.”
End-Terrace “End of terrace used to describe a house situated at the end of a row of houses only joined on one side to a joining property.”
Mid-Terrace “Mid Terrace used to describe a house situated in the middle of a row of similar houses.”

Property sizes

Clearly, floor area impacts the price you’ll sell or pay for. To better understand BR1 4, we’ve created charts below displaying property distributions by total floor space.
If you’re looking to invest or buy in BR1 4, this may provide insight into opportunities.

Total floor area distribution for BR1 4 houses

Total Floor area distribution for flats in BR1 4

Total Floor area distribution for other property types in BR1 4

Predicting BR1 4 property prices in 2024-2025

At Jukes we’ve tried deciphering this puzzle for 35 years – honestly, no magic crystal ball accurately forecasts future prices. Too many elements drive costs, as you’ve read.
AI and machine learning are enhancing trend prediction models, but can’t yet account for external factors. The property market can quickly shift, as it has before.
That’s why we show 14 years of sales data – prices, sizes, and sale dates for BR1 4 properties. The chart also displays a yearly average price trendline. As you can see, an upward trajectory that in our opinion won’t change as of February 2024. Though the curve’s slope may shift ahead.

Property prices in BR1 4

For other types of property

Beyond houses and flats, BR1 4 has seen other property types trade hands over the years, though these make up a small portion of 2021 sales. We’ve shown the price per square metre distribution for these assorted properties in the chart below.

If you’re aiming to buy or sell a more unique property in this group, please contact us for additional insight and details. We can provide an accurate, tailored valuation. To kick off our property value guide, we aim to give a summary of how prices are spread in BR1 4 by property type. To accomplish this, we’ll analyse the price per square metre to evaluate the distribution. We determine the price per square metre by accessing the price paid data from the Government’s site. We then divide the price by the property’s square footage.
This provides the precise price per square metre paid. We group these prices into ranges (£1000-£1500) indicating a property sold for a price per square metre within £1000 to £1500.

For flats

In BR1 4 in 2021, 33 flats were sold. Compared to 2020, this is an increase of 50.00%%.

To better understand how the price per square metre is distributed and give you an idea of the size and types of flats sold in 2021, we have put together the chart below.

Looking at the price distribution is a great way to get a snapshot of how flats are distributed but it is now interesting to have a look at the median price. In 2021, the median price per square metre for a flat in BR1 4 was £5000.0£. This means that when we look at the data, 50% of the flats sold in BR1 4 were sold for less than that.

Have a look at the table below to get an idea of how the median price has changed between 2016 and 2021

Year Median Sqm Price inBR1 4 (in£) Growth Rate (in %)
2021 £5000 -%
2020 £5172.75 -6.7%
2018 £4738.99 1.9%
2016 £4568.97 5.7%

How to read this table, example with 2020: in 2020 the median price per square metre in BR1 4 for a flat was 5172.75. Compared to 2021, the latest data available, we can see that the median house price per square metre has evolved by 20.93% %.

To keep in mind

What we’ve outlined here is an objective analysis of actual prices paid – not an explanation of what drives prices up or down. If you’re curious to learn about the many factors impacting your property’s value, review the information below.
And remember, only an agent deeply embedded in your local area possesses the knowledge to truly assess your property’s worth, or that dream home you hope to buy. They’re at the forefront of supply and demand there.

Looking to buy or sell your property in BR1 4?

Our team at Jukes gives you a valuation in less than 24h or help you find the properties you have been dreaming of

For houses

In BR1 4 in 2021, there were 155 houses sold. This represents an increase of 55.00% in house sales versus the prior year.
The chart below will assist in understanding the distribution of these prices, providing insight into the types and sizes of houses sold in BR1 4 in 2021.

After analysing the price distribution, we can examine the median price. Put simply, the median price splits the group of houses sold in 2021 in BR1 4 into two equal groups. In other words, it shows that 50% of the houses sold in 2021 went for over £5088.5.
This number alone may not be very informative unless compared to previous years. Refer to the table below to see how the median price has changed: versus 2020, versus 2018 (3 years prior), and versus 2016 (5 years ago):

Year Median Sqm Price inBR1 4 (in£) Growth Rate (in %)
2021 £5088.5 -%
2020 £4678.41 20.9%
2018 £4769.23 18.6%
2016 £4447.22 27.2%

Interpreting the table – example with 2018: In 2018, the median price per square metre for a BR1 4 house was £4769.23. Against the newest 2021 data, the median house price per square metre rose by 18.63%%.

Socioeconomic factors influencing property values in BR1 4

Household income and job rates in BR1 4

Another price driver is the area’s average household income. Prices often rise where incomes are increasing. See below for BR1 4’s household income level, as it may positively impact selling your property. We can’t exclude the job rate from this socioeconomic analysis either. It directly relates to household income. The data shows a clear link between the employment rate and BR1 4 property prices too.
The map below displays your sector’s job rate.

Interest rates

In the last 5 years, Britain’s economic conditions have dramatically changed. Between 2019 and 2024, the Bank of England raised interest rates multiple times to address growing inflation and cool an economy recovering from post-covid measures.
Higher interest rates directly impact the property market by affecting buyers’ borrowing ability. At the same time, with fewer prospective buyers, potential sellers may wait to list for fear of lower prices.

Beyond location, the property market also responds to economic and demographic factors like interest rates, population growth, and average household income.

How BR1 4 compares with nearby postcode sectors

To help you get a better understanding of the BR1 4 area, we’ve also put together a similar deep dive analysis on the nearby postcode sectors.

Have a quick look at the following table and don’t hesitate to navigate around. You might find interesting opportunities and learnings on these areas:

Postcode sector Median Price per sqm (£, in 2020) See our analysis
BR1 1 £5478.72 See our analysis on BR1 1 property prices
BR1 2 £5259.74 See our analysis on BR1 2 property prices
BR1 3 £5357.14 See our analysis on BR1 3 property prices
BR1 4 £4678.41 See our analysis on BR1 4 property prices
BR1 5 £4768.44 See our analysis on BR1 5 property prices

Consider buying or selling in South London? Go with Jukes!

  • Trusted estate agent
  • More than 25 years of experience combined
  • We help you focus on your objective (investment, 1st time buy)

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