A guide to property prices in BR4 0

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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.

Socioeconomic factors influencing the price of a property in BR4 0

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

Household income and job rates in BR4 0

Another price driver is the area’s average household income. Prices often rise where incomes are increasing. See below for BR4 0’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 BR4 0 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 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.

Comparing BR4 0 with nearby postcodes

To provide more BR4 0 insight, we’ve done similar deep dives 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
BR4 0 £5360 See our analysis on BR4 0 property prices
BR4 9 £5000 See our analysis on BR4 9 property prices

Property factors driving price rises in BR4 0

Property sizes

Clearly, floor area impacts the price you’ll sell or pay for. To better understand BR4 0, we’ve created charts below displaying property distributions by total floor space.
If you’re looking to invest or buy in BR4 0, this may provide insight into opportunities.

Total floor area distribution for BR4 0 houses

Total Floor area distribution for flats in BR4 0

Total Floor area distribution for other property types in BR4 0

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.”

Location factors impacting property prices in BR4 0

Now that we’ve looked at how the price per square metre in BR4 0 has changed over time, let’s explore elements impacting the value of properties you may buy or sell.

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 BR4 0 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 (BR4 0) is served according to the above list

Type of amenities Number in BR4 0
NHS Trusts (hospitals) 0
Practioners 15
Pharmacies 5
Schools 11
Shopping centres (within 5mi) 10
Public transports (train or tube stations) 1

Check for future developments

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 BR4 0, we’ve compiled all upcoming developments from the London mayor’s website into the table below.

So how property prices will evolve in BR4 0 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 factors 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 BR4 0 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.

Property prices in BR4 0

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 BR4 0?

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 BR4 0 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.

For other types of property

In addition to houses and flats, BR4 0 has seen some other property types change hands over the years, though these represent a small portion of 2021 sales. We’ve compiled the price per square metre distribution for these assorted properties in the chart below.

If you’re looking to buy or sell a more unique property in this group, please contact us for more details and insight. We’re happy to provide an accurate, tailored valuation.

For houses

In BR4 0 in 2021, we saw 88 houses sold. This represents an increase of 6.02% 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 BR4 0.

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 BR4 0 into two equal groups. Said differently, it tells you that 50% of the houses sold in 2021 were sold for more than £5656.93.

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 inBR4 0 (in£) Growth Rate (in %)
2021 £5656.93 -%
2020 £5360 5.6%
2018 £5154.64 9.8%
2016 £5166.67 9.5%

How to read this table, example with 2018: in 2018 the median price per square metre in BR4 0 for a house was 5154.64. Compared to 2021, the latest data available, we can see that the median house price per square metre has evolved by 9.76% %.

For flats

In 2021, 11 flats sold in BR4 0 – a/an increase/decrease (choose one) of 57.14%% versus 2020. To better grasp the price per square metre distribution and sizes/types of flats sold in 2021, we’ve created the chart below.

The price distribution provides a helpful snapshot, but the median price also offers insight. In 2021 the median price per square metre for a BR4 0 flat was £4166.67. This means 50% of flats sold for less than this.
See the table below to observe how the median price changed from 2016 to 2021.

Year Median Sqm Price inBR4 0 (in£) Growth Rate (in %)
2021 £4166.67 -%
2020 £4166.67 15.9%
2018 £4273.26 13%
2016 £5958.9 -19%

Understanding the table – example with 2020: In 2020, the median flat price per square metre in BR4 0 was £4166.67. Compared to the newest 2021 figures, the median flat price per square metre evolved by 5.55%%.

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

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