Property values in BR6 7: What you need to know

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South London is increasingly attractive for renters, first time home buyers, and real estate investors. At Jukes, our goal is to study how property values have shifted over time and offer key recommendations to assist you: sell or acquire a property at the best price.
In this guide we’ll analyse macroeconomic elements driving property prices, and closely examine price fluctuations depending on the type of property you own or hope to purchase.
Note: The data here encompasses 2010 – 2021. We’re updating this model and article with the newest 2023 data.

Location based factors in BR6 7 impacting the price of your property

Check for future developments

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 7 properties you may buy or sell, we’ve gathered all upcoming developments from the London mayor’s website into the table below.

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 BR6 7 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 (BR6 7) is served according to the above list

Type of amenities Number in BR6 7
NHS Trusts (hospitals) 0
Practioners 24
Pharmacies 1
Schools 8
Shopping centres (within 5mi) 1
Public transports (train or tube stations) 0

Now that we’ve reviewed how the price per square metre in BR6 7 has shifted over time, let’s explore factors impacting the worth of properties you may buy or sell.

Property factors driving price rises in BR6 7

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 consider:

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

Clearly, floor area impacts the price you’ll sell or pay. To better grasp BR6 7, we’ve created charts below displaying property distributions by total floor space.
If you’re looking to invest or buy in BR6 7, this may provide insight on opportunities.

Total floor area distribution for BR6 7 houses

Total Floor area distribution for flats in BR6 7

Total Floor area distribution for other property types in BR6 7

Analysing property values in BR6 7

Important note

What we are presenting here is a factual analysis of the prices buyers paid. It is not here to give an explanation of what makes the price evolve. If you are interested in finding out more about the factors that impact the value of your property, you can have a look below.

Please also note that only an agent truly nested in your area will have the knowledge to assess the value of your property or the property you want to buy as they are at the forefront of the demand and the supply.

Looking to buy or sell your property in BR6 7?

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

For other types of property

In addition to houses and flats, BR6 7 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. To initiate our property price guide, we want to summarise how costs are distributed in BR6 7 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 houses

In BR6 7 in 2021, we saw 84 houses sold. This represents an a decrease of -9.68% in house sales compared to the prior year.
The chart below will help you comprehend the distribution of these prices and thus can provide an idea of the types and sizes of houses that were sold in 2021 in BR6 7.

After examining the price distribution, we can now focus on the median price. Simply put, the median price divides the group of houses sold in 2021 in BR6 7 into two equal groups. In other words, it indicates that 50% of the houses sold in 2021 went for more than £5390.06.
This number alone may not be very informative unless you compare it to previous years. Have a look at the table below to see how the median price has changed: versus 2020, versus 2018 (3 years before), and versus 2016 (5 years ago):

Year Median Sqm Price inBR6 7 (in£) Growth Rate (in %)
2021 £5390.06 -%
2020 £5101.01 10.9%
2018 £5289.16 7%
2016 £5000 13.2%

Understanding the table – example with 2018: In 2018, the median house price per square metre in BR6 7 was £5289.16. Versus the most recent 2021 data, the median house price per square metre increased by 6.96%%.

For flats

In 2021, 16 flats were sold in BR6 7 – an increase/decrease (choose one) of 60.00%% over 2020. To better understand the price per square metre distribution and sizes/types of flats sold in 2021, we’ve put together the chart below.

While the price distribution provides a helpful snapshot, the median price also gives insight. In 2021, the median price per square metre for a BR6 7 flat was £5147.06 – meaning 50% of flats sold for less.
Refer to the table below to see how the median price changed between 2016 and 2021.

Year Median Sqm Price inBR6 7 (in£) Growth Rate (in %)
2021 £5147.06 -%
2020 £5129.17 -5.9%
2018 £5512.82 -12.4%
2016 £5194.34 -7.1%

Interpreting the table – example with 2020: In 2020, the median price per square metre for a BR6 7 flat was £5129.17. Compared to the latest 2021 figures, the median flat price per square metre changed by 10.91%%.

Comparing BR6 7 with nearby postcodes

To help you get a better understanding of the BR6 7 area, we’ve also put together a similar deep dive analysis on the nearby postcode sectors.

Have a quick look at the following table and don’t hesitate to navigate around. You might find interesting opportunities and learnings on 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

Forecasting BR6 7 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 BR6 7 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.

Socioeconomic factors influencing property values in BR6 7

Household income and job rates in BR6 7

Another factor impacting price is the area’s average household income. Prices tend to increase where incomes are rising. See below for BR6 7’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 7 property prices too.
The map below displays your sector’s employment rate.

Interest rates

In the last 5 years, Britain’s economic conditions have dramatically changed. 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 ability. At the same time, with fewer prospective buyers, potential sellers may wait to list for fear of lower prices.

After talking about location based factors, we can now focus on factors apparently not related directly to the property itself. Indeed, it’s well known that the property market reacts to economic & demographic signals such as the interest rates, the population growth but also the average household income of the area.

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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