Navigating property values in CR7 6

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

As a popular destination for renters, first time purchasers, and real estate investors, South London has seen appreciable growth. At Jukes, we aim to delve into how property values have changed over the years and provide essential tips to help you: sell or buy a home at an optimal value.
In this guide we’ll study macroeconomic factors impacting property prices, and carefully inspect price variations based on the type of property you own or plan to obtain.
Note: The data in this piece includes 2010 – 2021. We’re enhancing this model and article with the most current 2023 information.

How CR7 6 compares with nearby postcode sectors

To provide more CR7 6 insight, we’ve done similar deep dives on nearby postcode sectors too.
Check the table below and feel free to navigate around. You may find interesting opportunities and learnings for these areas:

Postcode sector Median Price per sqm (£, in 2020) See our analysis
CR7 6 £3733.76 See our analysis on CR7 6 property prices
CR7 7 £4139.68 See our analysis on CR7 7 property prices
CR7 8 £4324.59 See our analysis on CR7 8 property prices

Location factors impacting property prices in CR7 6

Proximity to public amenities

Now that we’ve reviewed how the price per square metre in CR7 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 CR7 6.

  • Transport
  • Hospitals
  • Schools
  • Restaurants & pubs

The above considerably influences price. We’ve compiled how your CR7 6 postcode sector is served per the above list in the table below.

Type of amenities Number in CR7 6
NHS Trusts (hospitals) 0
Practioners 45
Pharmacies 1
Schools 3
Shopping centres (within 5mi) 12
Public transports (train or tube stations) 0

Now that we’ve reviewed how the price per square metre in CR7 6 has shifted over time, let’s explore factors impacting the worth of properties you may buy or sell.

Future developments in CR7 6

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 CR7 6 we’ve checked all the upcoming developments on the London’s mayor website and gathered everything in the following table.

Deciphering property prices in CR7 6

A note of importance

What we’ve outlined here is an objective analysis of real prices paid – not an explanation of what impacts prices. If you want to learn about the many factors affecting your property’s value, see the information below.
And remember, only an agent deeply embedded in your local area has the knowledge to accurately assess your property’s worth, 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 CR7 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 begin our property price guide, we want to provide an overview of how costs are distributed in CR7 6 based on property type. To do this, we’ll examine 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 site. We then divide the price by the property’s floor area.
This gives us the exact price per square metre paid. We categorise these prices into ranges (£1000-£1500) showing a property was sold at a price per square metre between £1000 and £1500.

For other types of property

In addition to houses and flats, CR7 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.

For houses

In CR7 6 in 2021, there were 63 houses sold. This represents an increase of 96.88% 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 CR7 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 CR7 6 into two equal groups. In other words, it indicates 50% of houses sold in 2021 went for over £4152.54. 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 inCR7 6 (in£) Growth Rate (in %)
2021 £4152.54 -%
2020 £3733.76 51.5%
2018 £4125.92 37.1%
2016 £3846.67 47.1%

Understanding the table – example with 2018: In 2018, the median house price per square metre in CR7 6 was £4125.92. Compared to the latest 2021 data, the median house price per square metre increased by 37.12%%.

For flats

In 2021, 10 flats sold in CR7 6 – a/an increase/decrease (choose one) of 42.86%% 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 CR7 6 flat was £3971.85 – 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 inCR7 6 (in£) Growth Rate (in %)
2021 £3971.85 -%
2020 £3559.32 35.6%
2018 £3896.49 23.9%
2016 £3983.05 21.2%

Understanding the table – example with 2020: In 2020, the median flat price per square metre in CR7 6 was £3559.32. Versus the most recent 2021 figures, the median flat price per square metre evolved by 51.52%%.

Predicting CR7 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 CR7 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 driving price rises in CR7 6

Property sizes

Clearly, floor area impacts the price you’ll sell or pay. To better grasp CR7 6, we’ve created charts below displaying property distributions by total floor space.
If you’re looking to invest or buy in CR7 6, this may provide insight on opportunities.

Total floor area distribution for CR7 6 houses

Total Floor area distribution for flats in CR7 6

Total Floor area distribution for other property types in CR7 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.”

Socioeconomic factors impacting property values in CR7 6

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 CR7 6

Another determiner of price is the area’s average household income. Prices often increase where incomes are rising. See below for CR7 6’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 CR7 6 property prices.
The map below displays the job 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!

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

Leave a Reply

Your email address will not be published. Required fields are marked *