Decoding property prices in BR6 9

The busy South London stations

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.

Comparing BR6 9 with nearby postcodes

To help you get a better understanding of the BR6 9 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

Location elements influencing property values in BR6 9

Now that we’ve analysed how the price per square metre in BR6 9 has changed over time, let’s delve into factors influencing the value of properties you may buy or sell.

Future developments around the neighbourhood

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 BR6 9, we’ve compiled all upcoming developments from the London mayor’s website into the table below.

Closeness to public amenities

Now that we’ve reviewed how the price per square metre in BR6 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 BR6 9.

  • Transport
  • Hospitals
  • Schools
  • Restaurants & pubs

The above considerably influences price. We’ve compiled how your BR6 9 postcode sector is served per the above list in the table below.

Type of amenities Number in BR6 9
NHS Trusts (hospitals) 0
Practioners 11
Pharmacies 1
Schools 20
Shopping centres (within 5mi) 1
Public transports (train or tube stations) 0

Deciphering property prices in BR6 9

To kick off our property value guide, we aim to give a summary of how prices are spread in BR6 9 by property type. To accomplish this, we’ll analyse the price per square metre to evaluate the distribution. We determine the price per square metre by accessing the price paid data from the Government’s site. We then divide the price by the property’s square footage.
This provides the precise price per square metre paid. We group these prices into ranges (£1000-£1500) indicating a property sold for a price per square metre within £1000 to £1500.

A noteworthy notice

What we’ve outlined here is an objective analysis of actual prices paid – not an explanation of what impacts prices. If you want to learn about the many factors affecting your property’s value, review the information below.
And remember, only an agent deeply embedded in your local area has the knowledge to truly assess your property’s value, or that dream home you hope to buy. They’re on the front lines of supply and demand there.

Looking to buy or sell your property in BR6 9?

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

For houses

In BR6 9 in 2021, we saw 192 houses sold. This represents an increase of 23.08% 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 BR6 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 BR6 9 into two equal groups. Said differently, it tells you that 50% of the houses sold in 2021 were sold for more than £5273.72.

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 inBR6 9 (in£) Growth Rate (in %)
2021 £5273.72 -%
2020 £5303.61 6.7%
2018 £4929.83 14.8%
2016 £4650.65 21.7%

How to read this table, example with 2018: in 2018 the median price per square metre in BR6 9 for a house was 4929.83. Compared to 2021, the latest data available, we can see that the median house price per square metre has evolved by 14.76% %.

For flats

In BR6 9 in 2021, 9 flats were sold. Compared to 2020, this is an increase of 12.50%%.

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 BR6 9 was £5677.08£. This means that when we look at the data, 50% of the flats sold in BR6 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 inBR6 9 (in£) Growth Rate (in %)
2021 £5677.08 -%
2020 £5317.22 -9.2%
2018 £6279.08 -23.1%
2016 £5000 -3.4%

How to read this table, example with 2020: in 2020 the median price per square metre in BR6 9 for a flat was 5317.22. Compared to 2021, the latest data available, we can see that the median house price per square metre has evolved by 6.67% %.

For other types of property

In addition to houses and flats, BR6 9 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.

Property factors driving price rises in BR6 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 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 9, we’ve created charts below displaying property distributions by total floor space.
If you’re looking to invest or buy in BR6 9, this may provide insight on opportunities.

Total floor area distribution for BR6 9 houses

Total Floor area distribution for flats in BR6 9

Total Floor area distribution for other property types in BR6 9

Forecasting BR6 9 property prices in 2024-2025

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

Socioeconomic factors impacting property values in BR6 9

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

Household income & employment rates in BR6 9

Another price determiner is the area’s average household income. Prices tend to rise in areas where household incomes are increasing. See below where household income in the BR6 9 stands, as it may positively impact selling your property. We can’t omit the employment rate from this socioeconomic analysis either. It directly relates to the household income we just covered. The data shows a clear link between the employment rate and property prices in BR6 9 too.
The map below displays the employment rate in your sector.

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!

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  • More than 25 years of experience combined
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