Property prices in KT11 1: A closer look

The arty side of South London

With its increasing appeal among renters, first time buyers, and real estate investors, South London has witnessed significant development. At Jukes, our intention is to analyse how property prices have evolved over time and offer key guidance to assist you: sell or invest in a property at an ideal cost.
In this guide we’ll examine macroeconomic elements influencing property values, and closely inspect price changes based on the type of real estate you own or are looking to acquire.
Note: The data here covers 2010 – 2021. We’re updating this model and guide with the latest 2023 figures.

Location factors impacting property prices in KT11 1

Now that we’ve analysed how the price per square metre in KT11 1 has changed over time, let’s delve into factors influencing the value of properties you may buy or sell.

Future developments in KT11 1

An area’s popularity can be gauged by its number of planned or in-progress developments. More housing means more residents, increasing demand. To see if this impacts KT11 1 properties you may buy or sell, we’ve gathered all upcoming developments from the London mayor’s website into the table below.

Closeness 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 KT11 1 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 (KT11 1) is served according to the above list

Type of amenities Number in KT11 1
NHS Trusts (hospitals) 0
Practioners 20
Pharmacies 2
Schools 6
Shopping centres (within 5mi) 5
Public transports (train or tube stations) 0

Socioeconomic factors impacting property prices in KT11 1

Household income and job rates in KT11 1

Another factor impacting price is the area’s average household income. Prices tend to increase where incomes are rising. See below for KT11 1’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 KT11 1 property prices too.
The map below displays your sector’s employment rate.

Interest rates

In the last 5 years, Britain’s economic conditions have dramatically changed. 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 ability. At the same time, with fewer prospective buyers, potential sellers may wait to list for fear of lower prices.

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

Predicting KT11 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 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 KT11 1 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.

Property factors driving price rises in KT11 1

Property sizes

Naturally, floor area impacts the price you’ll sell or pay. To better grasp KT11 1, we’ve created charts below showing property distributions by total floor space.
If you’re looking to invest or buy in KT11 1, this may provide insight on opportunities.

Total floor area distribution for KT11 1 houses

Total Floor area distribution for flats in KT11 1

Total Floor area distribution for other property types in KT11 1

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.”

How KT11 1 compares with nearby postcode sectors

To provide more KT11 1 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
KT11 1 £5403.84 See our analysis on KT11 1 property prices
KT11 2 £5931.27 See our analysis on KT11 2 property prices
KT11 3 £6329.11 See our analysis on KT11 3 property prices

Property prices in KT11 1

For other types of property

KT11 1 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.

To start our property value guide, we want to summarise how prices are allocated in KT11 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.

For flats

In KT11 1 in 2021, 19 flats were sold. Compared to 2020, this is an increase of 58.33%%.

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 KT11 1 was £5079.37£. This means that when we look at the data, 50% of the flats sold in KT11 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 inKT11 1 (in£) Growth Rate (in %)
2021 £5079.37 -%
2020 £5278.22 -8.5%
2018 £5800 -16.8%
2016 £5247.59 -8%

How to read this table, example with 2020: in 2020 the median price per square metre in KT11 1 for a flat was 5278.22. Compared to 2021, the latest data available, we can see that the median house price per square metre has evolved by 4.69% %.

For houses

In KT11 1 in 2021, we saw 47 houses sold. This represents an an increase of 2.17% 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 KT11 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 KT11 1 into two equal groups. In other words, it indicates that 50% of the houses sold in 2021 went for more than £5491.07.
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 inKT11 1 (in£) Growth Rate (in %)
2021 £5491.07 -%
2020 £5403.84 4.7%
2018 £4987.11 13.4%
2016 £4885.06 15.8%

Understanding the table – example with 2018: In 2018, the median house price per square metre in KT11 1 was £4987.11. Versus the most recent 2021 data, the median house price per square metre increased by 13.44%%.

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 KT11 1?

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

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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