A guide to property prices in BR7 6

A map showing London. Learn more about the city's property market with our guide

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.

Property factors driving price rises in BR7 6

Property sizes

Clearly, floor area impacts the price you’ll sell or pay. To better grasp BR7 6, we’ve created charts below displaying property distributions by total floor space.
If you’re looking to invest or buy in BR7 6, this may provide insight on opportunities.

Total floor area distribution for BR7 6 houses

Total Floor area distribution for flats in BR7 6

Total Floor area distribution for other property types in BR7 6

Property features & built form

When it comes to features we usually include the built form but also the number of rooms, bathrooms etc. The more features a property has, and the recency of these features will significantly impact the price.

Also, when we talk about built forms we usually have the following list in mind:

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 elements influencing property values in BR7 6

Now that we’ve reviewed how the price per square metre in BR7 6 has shifted over time, let’s explore factors impacting the worth 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 BR7 6 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 (BR7 6) is served according to the above list

Type of amenities Number in BR7 6
NHS Trusts (hospitals) 0
Practioners 6
Pharmacies 0
Schools 10
Shopping centres (within 5mi) 9
Public transports (train or tube stations) 0

Future developments around the neighbourhood

An area’s appeal can be measured by its number of upcoming or in-progress developments. More housing means more residents, raising demand. To see if this impacts BR7 6 properties you may buy or sell, we’ve compiled all developments from the London mayor’s site into the table below.

Examining property prices in BR7 6

To kick off our property value guide, we aim to give a summary of how prices are spread in BR7 6 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 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 BR7 6?

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 BR7 6 in 2021, there were 141 houses sold. This represents an increase of 45.36% in house sales compared to the previous year.
The chart below will help understand the distribution of these prices, giving insight into the types and sizes of houses sold in 2021 in BR7 6.

After reviewing the price distribution, we can examine the median price. Simply put, the median price separates the group of houses sold in 2021 in BR7 6 into two equal groups. In other words, it indicates 50% of houses sold in 2021 went for over £5800.0. This number alone may not provide much value unless compared to previous years. See the table below to observe how the median price has changed: versus 2020, versus 2018 (3 years before), and versus 2016 (5 years prior):

Year Median Sqm Price inBR7 6 (in£) Growth Rate (in %)
2021 £5800 -%
2020 £5316.46 6.4%
2018 £5159.57 9.7%
2016 £5053.22 12%

Understanding the table – example with 2018: In 2018, the median house price per square metre in BR7 6 was £5159.57. Compared to the latest 2021 data, the median house price per square metre increased by 9.65%%.

For flats

In 2021, 28 flats sold in BR7 6 – a/an increase/decrease (choose one) of -6.67%% 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 BR7 6 flat was £5146.76. 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 inBR7 6 (in£) Growth Rate (in %)
2021 £5146.76 -%
2020 £5147.06 -6.2%
2018 £4870.96 -0.9%
2016 £5073.53 -4.8%

Understanding the table – example with 2020: In 2020, the median flat price per square metre in BR7 6 was £5147.06. Compared to the newest 2021 figures, the median flat price per square metre evolved by 6.42%%.

For other types of property

In addition to houses and flats, BR7 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.

Socioeconomic factors impacting property prices in BR7 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.

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

Household income and job rates in BR7 6

Another price driver is the area’s average household income. Prices often rise where incomes are increasing. See below for BR7 6’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 BR7 6 property prices too.
The map below displays your sector’s job rate.

Comparing BR7 6 with nearby postcodes

To provide more context on BR7 6, we’ve done similar in-depth analysis 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
BR7 5 £5799.55 See our analysis on BR7 5 property prices
BR7 6 £5316.46 See our analysis on BR7 6 property prices

Predicting BR7 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 BR7 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.

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

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  • More than 25 years of experience combined
  • We help you focus on your objective (investment, 1st time buy)

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