A guide to property prices in CR0 6

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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.

Predicting CR0 6 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 CR0 6 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.

Property factors increasing prices in CR0 6

Property sizes

Obviously the floor area impacts the price you’ll sell or pay for. To better understand CR0 6, we’ve created charts below showing property distributions by total floor area.
If you’re looking to invest or buy in CR0 6, this may provide insight on opportunities.

Total floor area distribution for CR0 6 houses

Total Floor area distribution for flats in CR0 6

Total Floor area distribution for other property types in CR0 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.”

Location based factors in CR0 6 impacting the price of your property

Closeness to public amenities

Now that we’ve reviewed how the price per square metre in CR0 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 CR0 6.

  • Transport
  • Hospitals
  • Schools
  • Restaurants & pubs

The above considerably influences price. We’ve compiled how your CR0 6 postcode sector is served per the above list in the table below.

Type of amenities Number in CR0 6
NHS Trusts (hospitals) 0
Practioners 38
Pharmacies 4
Schools 18
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 CR0 6 has changed over time, let’s explore elements impacting the value of properties you may buy or sell.

Future developments nearby

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 CR0 6, we’ve compiled all upcoming developments from the London mayor’s website into the table below.

Deciphering property prices in CR0 6

For flats

In 2021, 91 flats sold in CR0 6 – a/an increase/decrease (choose one) of 13.75%% 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 CR0 6 flat was £4848.48 – 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 inCR0 6 (in£) Growth Rate (in %)
2021 £4848.48 -%
2020 £4802.33 0.5%
2018 £5197.92 -7.1%
2016 £5156.25 -6.4%

Understanding the table – example with 2020: In 2020, the median flat price per square metre in CR0 6 was £4802.33. Versus the most recent 2021 figures, the median flat price per square metre evolved by 22.69%%.

For houses

In CR0 6 in 2021, we saw 201 houses sold. This represents an an increase of 36.73% 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 CR0 6.

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 CR0 6 into two equal groups. In other words, it indicates that 50% of the houses sold in 2021 went for more than £4728.68.
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 inCR0 6 (in£) Growth Rate (in %)
2021 £4728.68 -%
2020 £4611.11 22.7%
2018 £4604.94 22.9%
2016 £4496.48 25.8%

Understanding the table – example with 2018: In 2018, the median house price per square metre in CR0 6 was £4604.94. Versus the most recent 2021 data, the median house price per square metre increased by 22.86%%.

For other types of property

CR0 6 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.

A quick note

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 CR0 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 CR0 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.

How CR0 6 compares with nearby postcode sectors

To help you get a better understanding of the CR0 6 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
CR0 0 £4104.08 See our analysis on CR0 0 property prices
CR0 1 £4193.87 See our analysis on CR0 1 property prices
CR0 2 £3869.2 See our analysis on CR0 2 property prices
CR0 3 £4405.41 See our analysis on CR0 3 property prices
CR0 4 £4488.64 See our analysis on CR0 4 property prices
CR0 5 £4833.33 See our analysis on CR0 5 property prices
CR0 6 £4611.11 See our analysis on CR0 6 property prices
CR0 7 £4303.8 See our analysis on CR0 7 property prices
CR0 8 £4680 See our analysis on CR0 8 property prices
CR0 9 £3650.79 See our analysis on CR0 9 property prices

Socioeconomic factors impacting property values in CR0 6

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

Household income and job rates in CR0 6

Another price driver is the area’s average household income. Prices often rise where incomes are increasing. See below for CR0 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 CR0 6 property prices too.
The map below displays your sector’s job rate.

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.

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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