Property values in KT12 1: What you need to know

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

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.

Examining property prices in KT12 1

For houses

In KT12 1 in 2021, we saw 34 houses sold. This represents an increase of 47.83% in the sales of houses compared to the previous year.

The chart below will help you understand the distribution of these prices and thus can give you an idea of the type and size of houses that were sold in 2021 in KT12 1.

After looking at the price distribution, we can now lean on and have a look at the median price. The median price, simply put, divides the group of houses sold in 2021 in KT12 1 into two equal groups. Said differently, it tells you that 50% of the houses sold in 2021 were sold for more than £5406.09.

This number alone might not bring valuable information unless you compare it to the previous years. Have a look at the table below to see how the median price has evolved: versus the previous year (2020), versus 3 years before (2018) and versus 5 years ago (2016):

Year Median Sqm Price inKT12 1 (in£) Growth Rate (in %)
2021 £5406.09 -%
2020 £5505.62 2.8%
2018 £5548.89 2%
2016 £5650.07 0.1%

How to read this table, example with 2018: in 2018 the median price per square metre in KT12 1 for a house was 5548.89. Compared to 2021, the latest data available, we can see that the median house price per square metre has evolved by 1.96% %.

To kick off our property value guide, we aim to give a summary of how prices are spread in KT12 1 by property type. To accomplish this, we’ll analyse the price per square metre to evaluate the distribution. We determine the price per square metre by accessing the price paid data from the Government’s site. We then divide the price by the property’s square footage.
This provides the precise price per square metre paid. We group these prices into ranges (£1000-£1500) indicating a property sold for a price per square metre within £1000 to £1500.

For other types of property

Beyond houses and flats, KT12 1 has seen some other property types trade hands over the years, though these do not account for a large share of 2021 sales. We’ve compiled the price per square metre distribution for these assorted properties in the chart below.

If you’re looking to buy or sell a more unique property that falls into this category, please reach out for additional details and insight. We can provide an accurate valuation tailored to your specific situation.

For flats

In 2021, 32 flats sold in KT12 1 – a/an increase/decrease (choose one) of -34.69%% 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 KT12 1 flat was £4565.51 – 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 inKT12 1 (in£) Growth Rate (in %)
2021 £4565.51 -%
2020 £4732.14 2%
2018 £5123.29 -5.8%
2016 £5196.08 -7.1%

Understanding the table – example with 2020: In 2020, the median flat price per square metre in KT12 1 was £4732.14. Versus the most recent 2021 figures, the median flat price per square metre evolved by 2.76%%.

A note of importance

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 KT12 1?

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

Property elements driving price increases in KT12 1

Property sizes

Clearly, floor area impacts the price you’ll sell or pay. To better grasp KT12 1, we’ve created charts below displaying property distributions by total floor space.
If you’re looking to invest or buy in KT12 1, this may provide insight on opportunities.

Total floor area distribution for KT12 1 houses

Total Floor area distribution for flats in KT12 1

Total Floor area distribution for other property types in KT12 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 KT12 1

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

Household income and employment rates in KT12 1

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 KT12 1 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 KT12 1 too.
The map below displays the employment 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.

So how property prices will evolve in KT12 1 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 KT12 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.

Location factors affecting property prices in KT12 1

Check for future developments

An area’s appeal can be measured by its number of upcoming or in-progress developments. More housing means more residents, raising demand. To see if this impacts KT12 1 properties you may buy or sell, we’ve compiled all developments from the London mayor’s site into the table below.

Now that we had a look at how the price per square metre in KT12 1 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.

Closeness to public amenities

Now that we’ve reviewed how the price per square metre in KT12 1 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 KT12 1.

  • Transport
  • Hospitals
  • Schools
  • Restaurants & pubs

The above considerably influences price. We’ve compiled how your KT12 1 postcode sector is served per the above list in the table below.

Type of amenities Number in KT12 1
NHS Trusts (hospitals) 0
Practioners 8
Pharmacies 5
Schools 5
Shopping centres (within 5mi) 8
Public transports (train or tube stations) 1

Comparing KT12 1 with nearby postcodes

To provide more context on KT12 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
KT12 1 £5505.62 See our analysis on KT12 1 property prices
KT12 2 £5708.13 See our analysis on KT12 2 property prices
KT12 3 £5387.89 See our analysis on KT12 3 property prices
KT12 4 £5625 See our analysis on KT12 4 property prices
KT12 5 £5816.98 See our analysis on KT12 5 property prices

Consider buying or selling in South London? Go with Jukes!

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  • We help you focus on your objective (investment, 1st time buy)

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