Property prices in BR6 6: A closer look

A view of South London terraced houses and their chimneys

With its increasing appeal among renters, first time buyers, and real estate investors, South London has witnessed significant development. At Jukes, our intention is to analyse how property prices have evolved over time and offer key guidance to assist you: sell or invest in a property at an ideal cost.
In this guide we’ll examine macroeconomic elements influencing property values, and closely inspect price changes based on the type of real estate you own or are looking to acquire.
Note: The data here covers 2010 – 2021. We’re updating this model and guide with the latest 2023 figures.

Property factors driving price rises in BR6 6

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 BR6 6 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 BR6 6

Total Floor area distribution for flats in BR6 6

Total Floor area distribution for other property types in BR6 6

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.”

Predicting BR6 6 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 shift quickly, as it has in the past.
That’s why we show 14 years of sales data – prices, floor areas, and sale dates for BR6 6 properties. The chart also displays an average price trendline yearly. As you can see, an upward trajectory that in our view won’t change as of February 2024. But the curve’s slope may shift going forward.

Socioeconomic factors influencing the price of a property in BR6 6

Interest rates

Over the past 5 years the economic conditions in Great Britain have drastically changed. Between 2019 and 2024 the Bank of England raised its interest rate multiple times to face a growing inflation and cool down an economy that was recovering from post-covid measures.

Interest rates have a direct impact on the property market as it will impact the capacity for potential buyers to borrow money. At the same time, with less prospective buyers, potential sellers are less likely to sell amid the fear of selling for a lower price.

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

Household income & employment rates in BR6 6

Another factor impacting price is the area’s average household income. Prices tend to increase where incomes are rising. See below for BR6 6’s household income level, as it may positively influence selling your property. We can’t exclude the employment rate from this socioeconomic analysis. It directly relates to household income. The data shows a clear correlation between the job rate and BR6 6 property prices too.
The map below displays your sector’s employment rate.

How BR6 6 compares to nearby postcodes

To provide more BR6 6 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
BR6 0 £4882.81 See our analysis on BR6 0 property prices
BR6 6 £5051.55 See our analysis on BR6 6 property prices
BR6 7 £5101.01 See our analysis on BR6 7 property prices
BR6 8 £5279.77 See our analysis on BR6 8 property prices
BR6 9 £5303.61 See our analysis on BR6 9 property prices

Location factors affecting property prices in BR6 6

Now that we’ve looked at how the price per square metre in BR6 6 has changed over time, let’s explore elements impacting the value of properties you may buy or sell.

Closeness to public amenities

Now that we’ve reviewed how the price per square metre in BR6 6 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 BR6 6.

  • Transport
  • Hospitals
  • Schools
  • Restaurants & pubs

The above considerably influences price. We’ve compiled how your BR6 6 postcode sector is served per the above list in the table below.

Type of amenities Number in BR6 6
NHS Trusts (hospitals) 0
Practioners 33
Pharmacies 4
Schools 7
Shopping centres (within 5mi) 1
Public transports (train or tube stations) 1

Future developments around the neighbourhood

An area’s popularity can be gauged by its number of planned or in-progress developments. More housing means more residents, increasing demand. To see if this impacts BR6 6 properties you may buy or sell, we’ve gathered all upcoming developments from the London mayor’s website into the table below.

Property prices in BR6 6

For houses

In BR6 6 in 2021, there were 80 houses sold. This represents an increase of 56.86% 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 BR6 6 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 BR6 6 into two equal groups. In other words, it shows that 50% of the houses sold in 2021 went for over £5459.79.
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 inBR6 6 (in£) Growth Rate (in %)
2021 £5459.79 -%
2020 £5051.55 12%
2018 £4921.88 14.9%
2016 £4644.06 21.8%

Interpreting the table – example with 2018: In 2018, the median price per square metre for a BR6 6 house was £4921.88. Against the newest 2021 data, the median house price per square metre rose by 14.95%%.

A note of importance

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 BR6 6?

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

To initiate our property price guide, we want to summarise how costs are distributed in BR6 6 by property type. To accomplish this, we’ll examine the price per square metre to evaluate the breakdown. We determine the price per square metre by accessing the price paid data from the Government’s website. We then divide the price by the property’s size.
This provides the exact price per square metre paid. We categorise these prices into ranges (£1000-£1500) indicating a property was sold for a price per square metre falling between £1000 and £1500.

For flats

In 2021, 4 flats sold in BR6 6 – a/an increase/decrease (choose one) of 0.00%% versus 2020. To better comprehend 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 useful snapshot, but the median price also offers insight. In 2021 the median price per square metre for a BR6 6 flat was £4334.23 – so 50% of flats sold for less.
Check the table below to observe how the median price evolved between 2016 and 2021.

Year Median Sqm Price inBR6 6 (in£) Growth Rate (in %)
2021 £4334.23 -%
2020 £4855.72 -0.6%
2018 £5742.84 -15.9%
2016 £4734.04 2%

Understanding the table – example with 2020: In 2020, the median flat price per square metre in BR6 6 was £4855.72. Versus the most recent 2021 figures, the median flat price per square metre evolved by 12.00%%.

For other types of property

In addition to houses and flats, BR6 6 has seen other property types change hands over the years, though these represent a small share 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 get in touch for more details and perspective. We’re happy to provide a tailored, accurate valuation.

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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