A guide to property prices in CR4 1

The busy South London stations

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.

Location based factors in CR4 1 impacting the price of your property

Now that we’ve analysed how the price per square metre in CR4 1 has changed over time, let’s delve into factors influencing the value of properties you may buy or sell.

Future developments in CR4 1

The attractivity of an area can be measured partially via the number of ongoing or upcoming developments. Indeed with further housing developments an area is able to welcome more people to live around increasing the demand for the given area. To check if this has an impact on the property you are looking to buy or sell in CR4 1 we’ve checked all the upcoming developments on the London’s mayor website and gathered everything in the following table.

Closeness to public amenities

Whilst the size of the garden and number of rooms meet buyers’ and sellers’ needs, proximity to conveniences also boosts a property’s value in CR4 1.

  • Transport
  • Hospitals
  • Schools
  • Restaurants & pubs

The above makes a big impact on price. We’ve gathered how your CR4 1 postcode sector is served per the above list in the table below.

Type of amenities Number in CR4 1
NHS Trusts (hospitals) 0
Practioners 34
Pharmacies 2
Schools 15
Shopping centres (within 5mi) 11
Public transports (train or tube stations) 0

Property elements driving price increases in CR4 1

Property sizes

Clearly, floor area impacts the price you’ll sell or pay for. To better understand CR4 1, we’ve created charts below displaying property distributions by total floor space.
If you’re looking to invest or buy in CR4 1, this may provide insight into opportunities.

Total floor area distribution for CR4 1 houses

Total Floor area distribution for flats in CR4 1

Total Floor area distribution for other property types in CR4 1

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.”

Socioeconomic factors impacting property values in CR4 1

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.

Household income and employment rates in CR4 1

Another determiner of price is the area’s average household income. Prices often increase where incomes are rising. See below for CR4 1’s household income level, as it may positively impact selling your property. We can’t exclude the job rate from this socioeconomic analysis. It directly relates to household income. The data also shows a clear correlation between the employment rate and CR4 1 property prices.
The map below displays the job rate in your sector.

Interest rates

In the last 5 years, Britain’s economic conditions have dramatically shifted. Between 2019 and 2024, the Bank of England increased interest rates multiple times to address growing inflation and cool an economy recovering from post-covid measures.
Higher interest rates directly affect the property market by impacting buyers’ borrowing ability. At the same time, with fewer prospective buyers, potential sellers may wait to list for fear of lower prices.

Property prices in CR4 1

For other types of property

In addition to houses and flats, CR4 1 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.

For houses

In CR4 1 in 2021, we saw 115 houses sold. This represents an an increase of 27.78% 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 CR4 1.

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 CR4 1 into two equal groups. In other words, it indicates that 50% of the houses sold in 2021 went for more than £4797.98.
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 inCR4 1 (in£) Growth Rate (in %)
2021 £4797.98 -%
2020 £4390.46 28.9%
2018 £4488.64 26%
2016 £4090.91 38.3%

Understanding the table – example with 2018: In 2018, the median house price per square metre in CR4 1 was £4488.64. Versus the most recent 2021 data, the median house price per square metre increased by 26.04%%.

For flats

In CR4 1 in 2021, 23 flats were sold. Compared to 2020, this is a decrease of -30.30%%.

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 CR4 1 was £4857.14£. This means that when we look at the data, 50% of the flats sold in CR4 1 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 inCR4 1 (in£) Growth Rate (in %)
2021 £4857.14 -%
2020 £4727.27 2.1%
2018 £4691.65 2.9%
2016 £4446.38 8.6%

How to read this table, example with 2020: in 2020 the median price per square metre in CR4 1 for a flat was 4727.27. Compared to 2021, the latest data available, we can see that the median house price per square metre has evolved by 28.86% %.

Important note

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 CR4 1?

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

To start our property value guide, we want to summarise how prices are allocated in CR4 1 based on property type. To do this, we’ll inspect the price per square metre to assess the breakdown. We calculate the price per square metre by obtaining the price paid data from the Government’s site. We then divide the price by the property’s area.
This gives us the exact price per square metre paid. We group these prices into brackets (£1000-£1500) showing a property sold for a price per square metre between £1000 and £1500.

Forecasting CR4 1 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 CR4 1 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.

Comparing CR4 1 with nearby postcodes

To provide more context on CR4 1, 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
CR4 1 £4390.46 See our analysis on CR4 1 property prices
CR4 2 £5015.35 See our analysis on CR4 2 property prices
CR4 3 £4948.96 See our analysis on CR4 3 property prices
CR4 4 £4588.24 See our analysis on CR4 4 property prices

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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