Property values in BR2 0: What you need to know

Learn all about South London with our property guides

South London is an up and coming area for renters, first time buyers and property investors. At Jukes we want to take a step back to analyse how property prices have evolved over time and give some key elements to help you: sell or buy your property at the right price.
In this guide we will look at macro economic factors influencing the price of a property but also take a deeper look at the evolution of prices depending on the type of property you own or you are looking to buy.
Note: the data shown in this article covers the period 2010 – 2021. We are working to improve this model and article with the latest data for 2023.

So how property prices will evolve in BR2 0 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 BR2 0 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.

Comparing BR2 0 with nearby postcodes

To provide more BR2 0 insight, we’ve done similar in-depth analysis on nearby postcode sectors too.
Review the table below and feel free to navigate around. You may uncover interesting opportunities and learnings for these areas:

Postcode sector Median Price per sqm (£, in 2020) See our analysis
BR2 0 £5584.51 See our analysis on BR2 0 property prices
BR2 6 £5048.54 See our analysis on BR2 6 property prices
BR2 7 £5572.52 See our analysis on BR2 7 property prices
BR2 8 £4975.73 See our analysis on BR2 8 property prices
BR2 9 £5153.06 See our analysis on BR2 9 property prices

Socioeconomic factors influencing property values in BR2 0

Household income & employment rates in BR2 0

Another factor determining the price of a property will be the average household income in the area. There is a positive correlation between the price growth in an area where the average household income increases.

Check out below where the household income in BR2 0 is as it may have a positive impact on the sale of your property.

As part of this socioeconomic analysis, we cannot forget to mention the employment rate. This is because it is also directly related to the household income we just mentioned. When looking at the data and trying to understand the correlation between the different factors and the price of a property in BR2 0, we see a clear correlation with the employment rate as well.

The map below shows you the employment rate in your sector.

Interest rates

In the last 5 years, Britain’s economic conditions have dramatically shifted. Between 2019 and 2024, the Bank of England increased interest rates multiple times to address growing inflation and cool an economy recovering from post-covid measures.
Higher interest rates directly affect the property market by impacting buyers’ borrowing capacity. At the same time, with fewer prospective buyers, potential sellers may hesitate 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.

Deciphering property prices in BR2 0

For houses

In BR2 0 in 2021, there were 107 houses sold. This represents an increase of 21.59% in house sales versus the previous year.
The chart below will assist in comprehending the distribution of these prices, providing insight into the types and sizes of houses sold in BR2 0 in 2021.

After analysing the price distribution, we can focus on the median price. Simply stated, the median price separates the group of houses sold in 2021 in BR2 0 into two equal groups. Put another way, it shows 50% of houses sold in 2021 went for over £5955.14. This number alone may not provide much value unless compared to prior years. Refer to the table below to observe how the median price has changed: versus 2020, versus 2018 (3 years before), and versus 2016 (5 years ago):

Year Median Sqm Price inBR2 0 (in£) Growth Rate (in %)
2021 £5955.14 -%
2020 £5584.51 1.3%
2018 £5654.76 0%
2016 £5238.37 8%

Deciphering the table – example with 2018: In 2018, the median price per square metre for a house in BR2 0 was £5654.76. Compared to 2021 data, the median house price per square metre rose by 0.05%%.

A quick note

What we’ve outlined here is an objective analysis of real prices paid – not an explanation of what impacts prices. If you want to learn about the many factors affecting your property’s value, see the information below.
And remember, only an agent deeply embedded in your local area has the knowledge to accurately assess your property’s worth, or that dream home you hope to buy. They’re on the front lines of supply and demand there.

Looking to buy or sell your property in BR2 0?

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

To kick off our property value guide, we aim to give a summary of how prices are spread in BR2 0 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 other types of property

Beyond houses and flats, BR2 0 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.

For flats

In BR2 0 in 2021, 98 flats were sold. Compared to 2020, this is an increase of 28.95%%.

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 BR2 0 was £4851.42£. This means that when we look at the data, 50% of the flats sold in BR2 0 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 inBR2 0 (in£) Growth Rate (in %)
2021 £4851.42 -%
2020 £5140.98 -6.1%
2018 £4793.3 0.7%
2016 £5097.01 -5.3%

How to read this table, example with 2020: in 2020 the median price per square metre in BR2 0 for a flat was 5140.98. Compared to 2021, the latest data available, we can see that the median house price per square metre has evolved by 1.31% %.

Property factors driving price rises in BR2 0

Property features & built form

Features like built form, number of rooms, bathrooms etc. greatly affect price – more features mean higher prices. Recent features also increase value.
For built form, we look at:

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

Obviously when looking at buying the floor area of the property has a direct impact on the price you’ll be selling at or paying for. In order to get a clearer picture of BR2 0 we have come up with the following charts showing the distribution of properties depending on their total floor area.

Total Floor area distribution for houses in BR2 0

Total Floor area distribution for flats in BR2 0

Total Floor area distribution for other property types in BR2 0

Location based factors in BR2 0 impacting the price of your property

Future developments in BR2 0

An area’s appeal can be measured by its number of upcoming or in-progress developments. More housing means more residents, raising demand. To see if this impacts BR2 0 properties you may buy or sell, we’ve compiled all developments from the London mayor’s site into the table below. Now that we’ve analysed how the price per square metre in BR2 0 has changed over time, let’s dig deeper into factors impacting the value of properties you may buy or sell.

Closeness to public amenities

While garden size and number of rooms meet buyers’ and sellers’ needs, proximity to conveniences also boosts a property’s worth in BR2 0.

  • Transport
  • Hospitals
  • Schools
  • Restaurants & pubs

The above significantly influences price. We’ve gathered how your BR2 0 postcode sector is served per the above list in the table below.

Type of amenities Number in BR2 0
NHS Trusts (hospitals) 0
Practioners 0
Pharmacies 1
Schools 10
Shopping centres (within 5mi) 7
Public transports (train or tube stations) 1

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

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