Property values in BR2 9: What you need to know

View from an alley way in South London showing terraced houses

As a popular destination for renters, first time purchasers, and real estate investors, South London has seen appreciable growth. At Jukes, we aim to delve into how property values have changed over the years and provide essential tips to help you: sell or buy a home at an optimal value.
In this guide we’ll study macroeconomic factors impacting property prices, and carefully inspect price variations based on the type of property you own or plan to obtain.
Note: The data in this piece includes 2010 – 2021. We’re enhancing this model and article with the most current 2023 information.

Property factors driving price rises in BR2 9

Property sizes

Clearly, floor area impacts the price you’ll sell or pay. To better grasp BR2 9, we’ve created charts below displaying property distributions by total floor space.
If you’re looking to invest or buy in BR2 9, this may provide insight on opportunities.

Total floor area distribution for BR2 9 houses

Total Floor area distribution for flats in BR2 9

Total Floor area distribution for other property types in BR2 9

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 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.”

Forecasting BR2 9 property prices in 2024-2025

At Jukes we’ve tried solving this puzzle for 35 years – honestly, no magic crystal ball accurately predicts future prices. Too many variables drive costs, as you’ve read.
AI and machine learning are improving 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 9 properties. The chart also displays a yearly average price trendline. As you can see, an upward trajectory that in our view won’t change as of February 2024. Though the curve’s slope may shift ahead.

Comparing BR2 9 with nearby postcodes

To provide more context on BR2 9, we’ve done similar in-depth analysis on nearby postcode sectors too.
Check the table below and feel free to navigate around. You may find interesting opportunities and info 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

Location elements influencing property values in BR2 9

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 9.

  • Transport
  • Hospitals
  • Schools
  • Restaurants & pubs

The above significantly influences price. We’ve gathered how your BR2 9 postcode sector is served per the above list in the table below.

Type of amenities Number in BR2 9
NHS Trusts (hospitals) 0
Practioners 26
Pharmacies 1
Schools 11
Shopping centres (within 5mi) 7
Public transports (train or tube stations) 0

Now that we’ve looked at how the price per square metre in BR2 9 has changed over time, let’s explore elements impacting the value of properties you may buy or sell.

Future developments in BR2 9

An area’s popularity can be gauged by the number of ongoing or planned developments. More housing in an area means more people are able to live there, increasing demand. To check if this impacts properties you may buy or sell in BR2 9, we’ve compiled all upcoming developments from the London mayor’s website into the table below.

Socioeconomic factors impacting property prices in BR2 9

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.

Household income and job rates in BR2 9

Another determiner of price is the area’s average household income. Prices often increase where incomes are rising. See below for BR2 9’s household income level, as it may positively impact selling your property. We can’t exclude the job rate from this socioeconomic analysis. It directly relates to household income. The data also shows a clear correlation between the employment rate and BR2 9 property prices.
The map below displays the job rate in your sector.

Property values in BR2 9

For other types of property

Beyond houses and flats, BR2 9 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 9 in 2021, 72 flats were sold. Compared to 2020, this is a decrease of -30.77%%.

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 9 was £5078.86£. This means that when we look at the data, 50% of the flats sold in BR2 9 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 9 (in£) Growth Rate (in %)
2021 £5078.86 -%
2020 £5624.48 -14.2%
2018 £5500 -12.2%
2016 £5258.39 -8.2%

How to read this table, example with 2020: in 2020 the median price per square metre in BR2 9 for a flat was 5624.48. Compared to 2021, the latest data available, we can see that the median house price per square metre has evolved by 9.79% %.

For houses

In BR2 9 in 2021, we saw 184 houses sold. This represents an increase of 21.85% in the sales of houses compared to the previous year.

The chart below will help you understand the distribution of these prices and thus can give you an idea of the type and size of houses that were sold in 2021 in BR2 9.

After looking at the price distribution, we can now lean on and have a look at the median price. The median price, simply put, divides the group of houses sold in 2021 in BR2 9 into two equal groups. Said differently, it tells you that 50% of the houses sold in 2021 were sold for more than £5286.2.

This number alone might not bring valuable information unless you compare it to the previous years. Have a look at the table below to see how the median price has evolved: versus the previous year (2020), versus 3 years before (2018) and versus 5 years ago (2016):

Year Median Sqm Price inBR2 9 (in£) Growth Rate (in %)
2021 £5286.2 -%
2020 £5153.06 9.8%
2018 £4838.71 16.9%
2016 £4893.62 15.6%

How to read this table, example with 2018: in 2018 the median price per square metre in BR2 9 for a house was 4838.71. Compared to 2021, the latest data available, we can see that the median house price per square metre has evolved by 16.92% %.

Important note

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

Looking to buy or sell your property in BR2 9?

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

First to start our property price guide we want to give an overview of how prices are distributed in BR2 9 on the type of property. To do so, we will look at the price per square metre to assess the distribution. To create the charts, we are calculating the price per square metre by getting the price paid data from the Government website. Then we divide the price by the surface area of the property.

Once this is done, it gives us the exact price per square metre paid and we finally categorise these prices into buckets (£1000-£1500) indicating that a given property has been sold with a price per square metre oscillating between £1000 and £1500.

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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