Property prices in KT10 8: A closer look

Learn all about South London with our property guides

South London has seen major growth as a popular location for renters, first time buyers, and real estate investors. Here at Jukes, we want to analyse how property prices have changed over time and provide key insights to help you: sell or purchase a home at the optimal price.
In this guide we’ll examine macroeconomic factors impacting property values, and take a close look at price changes depending on the type of home you own or plan to acquire.
Note: The data in this article covers 2010 – 2021. We’re working to enhance this model and article with the most up-to-date 2023 figures.

Property factors driving price rises in KT10 8

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.”

Property sizes

Naturally, floor area impacts the price you’ll sell or pay. To better grasp KT10 8, we’ve created charts below showing property distributions by total floor space.
If you’re looking to invest or buy in KT10 8, this may provide insight on opportunities.

Total floor area distribution for KT10 8 houses

Total Floor area distribution for flats in KT10 8

Total Floor area distribution for other property types in KT10 8

Location elements influencing property values in KT10 8

Now that we had a look at how the price per square metre in KT10 8 has changed over time let’s dig a little deeper in the factors that impact the price of the property you are looking to buy or sell.

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 potential residents, raising demand. To see if this impacts KT10 8 properties you may buy or sell, we’ve compiled all planned projects from the London mayor’s website into the table below.

Proximity to public amenities

Now that we’ve reviewed how the price per square metre in KT10 8 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 KT10 8.

  • Transport
  • Hospitals
  • Schools
  • Restaurants & pubs

The above considerably influences price. We’ve compiled how your KT10 8 postcode sector is served per the above list in the table below.

Type of amenities Number in KT10 8
NHS Trusts (hospitals) 0
Practioners 16
Pharmacies 0
Schools 5
Shopping centres (within 5mi) 7
Public transports (train or tube stations) 1

Deciphering property prices in KT10 8

For other types of property

KT10 8 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.

For flats

In 2021, 16 flats sold in KT10 8 – a/an increase/decrease (choose one) of 14.29%% 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 KT10 8 flat was £5170.81. 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 inKT10 8 (in£) Growth Rate (in %)
2021 £5170.81 -%
2020 £5831.17 -17.2%
2018 £5448.72 -11.4%
2016 £5461.81 -11.6%

Understanding the table – example with 2020: In 2020, the median flat price per square metre in KT10 8 was £5831.17. Compared to the newest 2021 figures, the median flat price per square metre evolved by -10.85%%. To start our property value guide, we want to summarise how prices are allocated in KT10 8 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.

A quick note

What we’ve presented here is an objective analysis of real prices paid – not an explanation of what makes prices rise or fall. If you want to learn about the many factors impacting your property’s value, see the information below.
And remember, only an agent deeply rooted in your local area has the knowledge to truly assess your property’s value, or that dream home you hope to acquire. They’re on the front lines of supply and demand there.

Looking to buy or sell your property in KT10 8?

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 KT10 8 in 2021, there were 65 houses sold. This represents a decrease of -14.47% in house sales versus the previous year.
The chart below will assist in comprehending the distribution of these prices, providing insight into the types and sizes of houses sold in KT10 8 in 2021.

After analysing the price distribution, we can focus on the median price. Simply stated, the median price separates the group of houses sold in 2021 in KT10 8 into two equal groups. Put another way, it shows 50% of houses sold in 2021 went for over £6834.53. This number alone may not provide much value unless compared to prior years. Refer to the table below to observe how the median price has changed: versus 2020, versus 2018 (3 years before), and versus 2016 (5 years ago):

Year Median Sqm Price inKT10 8 (in£) Growth Rate (in %)
2021 £6834.53 -%
2020 £6345.98 -10.8%
2018 £6802.72 -16.8%
2016 £6578.95 -14.%

Deciphering the table – example with 2018: In 2018, the median price per square metre for a house in KT10 8 was £6802.72. Compared to 2021 data, the median house price per square metre rose by -16.83%%.

Predicting KT10 8 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 KT10 8 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.

How KT10 8 compares with nearby postcode sectors

To provide more KT10 8 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 info for these areas:

Postcode sector Median Price per sqm (£, in 2020) See our analysis
KT10 0 £6416.76 See our analysis on KT10 0 property prices
KT10 8 £6345.98 See our analysis on KT10 8 property prices
KT10 9 £6963.72 See our analysis on KT10 9 property prices

Socioeconomic factors impacting property values in KT10 8

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.

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

Household income & employment rates in KT10 8

Another factor impacting price is the area’s average household income. Prices tend to increase where incomes are rising. See below for KT10 8’s household income level, as it may positively influence selling your property. We can’t exclude the employment rate from this socioeconomic analysis. It directly relates to household income. The data shows a clear correlation between the job rate and KT10 8 property prices too.
The map below displays your sector’s employment rate.

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 *