Property values in KT10 9: What you need to know

The busy South London stations

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.

Property elements driving price increases in KT10 9

Property sizes

Clearly, floor area impacts the price you’ll sell or pay for. To better understand KT10 9, we’ve created charts below displaying property distributions by total floor space.
If you’re looking to invest or buy in KT10 9, this may provide insight into opportunities.

Total floor area distribution for KT10 9 houses

Total Floor area distribution for flats in KT10 9

Total Floor area distribution for other property types in KT10 9

Property features & built form

Features like built form, number of rooms, bathrooms etc significantly impact price – more and newer features mean higher prices.
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 factors impacting property prices in KT10 9

Future developments around the neighbourhood

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 KT10 9 we’ve checked all the upcoming developments on the London’s mayor website and gathered everything in the following table.

Proximity 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 KT10 9 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 (KT10 9) is served according to the above list

Type of amenities Number in KT10 9
NHS Trusts (hospitals) 0
Practioners 4
Pharmacies 2
Schools 6
Shopping centres (within 5mi) 7
Public transports (train or tube stations) 0

Now that we had a look at how the price per square metre in KT10 9 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.

Comparing KT10 9 with nearby postcodes

To help you get a better understanding of the KT10 9 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
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

Property values in KT10 9

To keep in mind

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 KT10 9?

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

For flats

In 2021, 24 flats were sold in KT10 9 – an increase/decrease (choose one) of 14.29%% over 2020.
To better grasp the price per square metre distribution and sizes/types of flats sold in 2021, we’ve assembled the chart below.

While the price distribution gives a helpful snapshot, the median price also provides insight. In 2021, the median price per square metre for a KT10 9 flat was £6051.42 – meaning 50% of flats sold for less than this. See the table below to view how the median price changed between 2016 and 2021.

Year Median Sqm Price inKT10 9 (in£) Growth Rate (in %)
2021 £6051.42 -%
2020 £6115 -21.1%
2018 £6466.92 -25.3%
2016 £6156.72 -21.6%

Deciphering the table – example with 2020: In 2020, the median price per square metre for a KT10 9 flat was £6115.0. Versus 2021 figures, the median flat price per square metre changed by -18.76%%.

First to start our property price guide we want to give an overview of how prices are distributed in KT10 9 on the type of property. To do so, we will look at the price per square metre to assess the distribution. To create the charts, we are calculating the price per square metre by getting the price paid data from the Government website. Then we divide the price by the surface area of the property.

Once this is done, it gives us the exact price per square metre paid and we finally categorise these prices into buckets (£1000-£1500) indicating that a given property has been sold with a price per square metre oscillating between £1000 and £1500.

For other types of property

In addition to houses and flats, KT10 9 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 KT10 9 in 2021, we saw 46 houses sold. This represents an an increase of 64.29% 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 KT10 9.

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 KT10 9 into two equal groups. In other words, it indicates that 50% of the houses sold in 2021 went for more than £6609.35.
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 inKT10 9 (in£) Growth Rate (in %)
2021 £6609.35 -%
2020 £6963.72 -18.8%
2018 £6479.78 -12.7%
2016 £6104.65 -7.3%

Understanding the table – example with 2018: In 2018, the median house price per square metre in KT10 9 was £6479.78. Versus the most recent 2021 data, the median house price per square metre increased by -12.69%%.

Socioeconomic factors influencing property values in KT10 9

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.

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 capacity. At the same time, with fewer prospective buyers, potential sellers may hesitate to list for fear of lower prices.

Household income and job rates in KT10 9

Another price determiner is the area’s average household income. Prices tend to rise in areas where household incomes are increasing. See below where household income in the KT10 9 stands, as it may positively impact selling your property. We can’t omit the employment rate from this socioeconomic analysis either. It directly relates to the household income we just covered. The data shows a clear link between the employment rate and property prices in KT10 9 too.
The map below displays the employment rate in your sector.

Predicting KT10 9 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 KT10 9 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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