A guide to property prices in KT12 3

A woman cycling in a South London park

South London is increasingly attractive for renters, first time home buyers, and real estate investors. At Jukes, our goal is to study how property values have shifted over time and offer key recommendations to assist you: sell or acquire a property at the best price.
In this guide we’ll analyse macroeconomic elements driving property prices, and closely examine price fluctuations depending on the type of property you own or hope to purchase.
Note: The data here encompasses 2010 – 2021. We’re updating this model and article with the newest 2023 data.

Property factors driving price rises in KT12 3

Property sizes

Clearly, floor area impacts the price you’ll sell or pay for. To better understand KT12 3, we’ve created charts below displaying property distributions by total floor space.
If you’re looking to invest or buy in KT12 3, this may provide insight into opportunities.

Total floor area distribution for KT12 3 houses

Total Floor area distribution for flats in KT12 3

Total Floor area distribution for other property types in KT12 3

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.”

Forecasting KT12 3 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 factors 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 3 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 KT12 3 compares to nearby postcodes

To provide more KT12 3 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
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

Analysing property values in KT12 3

For houses

In KT12 3 in 2021, there were 101 houses sold. This represents an increase of 44.29% 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 KT12 3.

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 KT12 3 into two equal groups. In other words, it indicates 50% of houses sold in 2021 went for over £5714.29. 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 inKT12 3 (in£) Growth Rate (in %)
2021 £5714.29 -%
2020 £5387.89 5%
2018 £5575.87 1.5%
2016 £4842.62 16.8%

Understanding the table – example with 2018: In 2018, the median house price per square metre in KT12 3 was £5575.87. Compared to the latest 2021 data, the median house price per square metre increased by 1.46%%.

For flats

In 2021, 24 flats sold in KT12 3 – a/an increase/decrease (choose one) of 50.00%% 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 KT12 3 flat was £5217.41. 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 inKT12 3 (in£) Growth Rate (in %)
2021 £5217.41 -%
2020 £4932.21 -2.1%
2018 £4884.06 -1.2%
2016 £4850.75 -0.5%

Understanding the table – example with 2020: In 2020, the median flat price per square metre in KT12 3 was £4932.21. Compared to the newest 2021 figures, the median flat price per square metre evolved by 5.00%%.

For other types of property

KT12 3 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 kick off our property value guide, we aim to give a summary of how prices are spread in KT12 3 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.

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 KT12 3?

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

Socioeconomic factors impacting property values in KT12 3

Household income & employment rates in KT12 3

Another factor impacting price is the area’s average household income. Prices tend to increase where incomes are rising. See below for KT12 3’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 KT12 3 property prices too.
The map below displays your sector’s employment rate. Apart from location, the property market also reacts to economic and demographic factors like interest rates, population growth, and average household income.

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.

Location factors affecting property prices in KT12 3

Now that we’ve analysed how the price per square metre in KT12 3 has changed over time, let’s dig deeper into factors impacting the value of properties you may buy or sell.

Closeness to public amenities

While garden size and number of rooms meet buyers’ and sellers’ needs, proximity to conveniences also boosts a property’s worth in KT12 3.

  • Transport
  • Hospitals
  • Schools
  • Restaurants & pubs

The above significantly influences price. We’ve gathered how your KT12 3 postcode sector is served per the above list in the table below.

Type of amenities Number in KT12 3
NHS Trusts (hospitals) 0
Practioners 43
Pharmacies 1
Schools 5
Shopping centres (within 5mi) 8
Public transports (train or tube stations) 0

Future developments nearby

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 KT12 3 properties you may buy or sell, we’ve gathered all upcoming developments from the London mayor’s website into the table below.

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

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

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