Decoding property prices in BR4 9

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.

Deciphering property prices in BR4 9

For other types of property

BR4 9 has seen other types of properties being sold over the years but these do not represent a large proportion of the properties sold in 2021. We’ve gathered these properties in the chart above to show you how the price per square metre is distributed for these properties.

If the property you are looking to buy or sell falls into this category, feel free to reach out to us for more details and information. We will be able to provide you with an accurate valuation.

First to start our property price guide we want to give an overview of how prices are distributed in BR4 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.

For flats

In 2021, 10 flats were sold in BR4 9 – an increase/decrease (choose one) of -16.67%% over 2020.
To better grasp the price per square metre distribution and sizes/types of flats sold in 2021, we’ve assembled the chart below.

While the price distribution gives a helpful snapshot, the median price also provides insight. In 2021, the median price per square metre for a BR4 9 flat was £4772.62 – meaning 50% of flats sold for less than this. See the table below to view how the median price changed between 2016 and 2021.

Year Median Sqm Price inBR4 9 (in£) Growth Rate (in %)
2021 £4772.62 -%
2020 £3965.42 21.7%
2018 £4556.37 6%
2016 £4392.31 9.9%

Deciphering the table – example with 2020: In 2020, the median price per square metre for a BR4 9 flat was £3965.42. Versus 2021 figures, the median flat price per square metre changed by 13.15%%.

For houses

In BR4 9 in 2021, there were 110 houses sold. This represents an increase of 4.76% 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 BR4 9 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 BR4 9 into two equal groups. Put another way, it shows 50% of houses sold in 2021 went for over £5484.75. 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 inBR4 9 (in£) Growth Rate (in %)
2021 £5484.75 -%
2020 £5000 13.2%
2018 £5020.19 12.7%
2016 £4920.43 15%

Deciphering the table – example with 2018: In 2018, the median price per square metre for a house in BR4 9 was £5020.19. Compared to 2021 data, the median house price per square metre rose by 12.70%%.

A quick 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 9?

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

Location elements influencing property values in BR4 9

Proximity to public amenities

Now that we’ve reviewed how the price per square metre in BR4 9 has shifted over time, let’s explore factors impacting the worth of properties you may buy or sell.

Closeness to public amenities

Whilst the size of the garden and number of rooms suit buyers’ and sellers’ needs, proximity to conveniences also enhances a property’s value in BR4 9.

  • Transport
  • Hospitals
  • Schools
  • Restaurants & pubs

The above considerably influences price. We’ve compiled how your BR4 9 postcode sector is served per the above list in the table below.

Type of amenities Number in BR4 9
NHS Trusts (hospitals) 0
Practioners 21
Pharmacies 1
Schools 8
Shopping centres (within 5mi) 10
Public transports (train or tube stations) 0

Now that we’ve looked at how the price per square metre in BR4 9 has changed over time, let’s explore elements impacting the value of properties you may buy or sell.

Future developments in BR4 9

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 BR4 9 properties you may buy or sell, we’ve compiled all planned projects from the London mayor’s website into the table below.

So how property prices will evolve in BR4 9 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 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.

Property factors driving price rises in BR4 9

Property sizes

Obviously the floor area impacts the price you’ll sell or pay for. To better understand BR4 9, we’ve created charts below showing property distributions by total floor area.
If you’re looking to invest or buy in BR4 9, this may provide insight on opportunities.

Total floor area distribution for BR4 9 houses

Total Floor area distribution for flats in BR4 9

Total Floor area distribution for other property types in BR4 9

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.”

How BR4 9 compares with nearby postcode sectors

To provide more BR4 9 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
BR4 0 £5360 See our analysis on BR4 0 property prices
BR4 9 £5000 See our analysis on BR4 9 property prices

Socioeconomic factors impacting property prices in BR4 9

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

Household income and employment rates in BR4 9

Another price driver is the area’s average household income. Prices often rise where incomes are increasing. See below for BR4 9’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 9 property prices too.
The map below displays your sector’s job rate.

Interest rates

In the last 5 years, Britain’s economic conditions have drastically shifted. 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 capacity. At the same time, with fewer prospective buyers, potential sellers may hesitate to list for fear of lower 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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