Navigating property values in KT12 5

A view of South London terraced houses and their chimneys

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.

Location elements influencing property values in KT12 5

Future developments nearby

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 KT12 5 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 KT12 5 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 (KT12 5) is served according to the above list

Type of amenities Number in KT12 5
NHS Trusts (hospitals) 0
Practioners 0
Pharmacies 0
Schools 6
Shopping centres (within 5mi) 8
Public transports (train or tube stations) 0

Now that we’ve analysed how the price per square metre in KT12 5 has changed over time, let’s delve into factors influencing the value of properties you may buy or sell.

Socioeconomic factors impacting property values in KT12 5

Household income and employment rates in KT12 5

Another price driver is the area’s average household income. Prices often rise where incomes are increasing. See below for KT12 5’s household income level, as it may positively impact selling your property. We can’t exclude the job rate from this socioeconomic analysis either. It directly relates to household income. The data shows a clear link between the employment rate and KT12 5 property prices too.
The map below displays your sector’s job rate.

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.

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

Examining property prices in KT12 5

A noteworthy notice

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 KT12 5?

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 KT12 5 in 2021, there were 125 houses sold. This represents an increase of 7.76% 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 KT12 5 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 KT12 5 into two equal groups. Put another way, it shows 50% of houses sold in 2021 went for over £5886.52. 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 inKT12 5 (in£) Growth Rate (in %)
2021 £5886.52 -%
2020 £5816.98 -2.7%
2018 £5783.13 -2.2%
2016 £5654.51 0.1%

Deciphering the table – example with 2018: In 2018, the median price per square metre for a house in KT12 5 was £5783.13. Compared to 2021 data, the median house price per square metre rose by -2.17%%.

For flats

In 2021, 24 flats were sold in KT12 5 – an increase/decrease (choose one) of 20.00%% 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 KT12 5 flat was £4957.63 – 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 inKT12 5 (in£) Growth Rate (in %)
2021 £4957.63 -%
2020 £4605.26 4.8%
2018 £4233.03 14.%
2016 £5672.58 -14.9%

Deciphering the table – example with 2020: In 2020, the median price per square metre for a KT12 5 flat was £4605.26. Versus 2021 figures, the median flat price per square metre changed by -2.74%%.

For other types of property

Beyond houses and flats, KT12 5 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.

First to start our property price guide we want to give an overview of how prices are distributed in KT12 5 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.

Property related factors driving the prices up in KT12 5

Property sizes

Obviously the floor area impacts the price you’ll sell or pay for. To better understand KT12 5, we’ve created charts below showing property distributions by total floor area.
If you’re looking to invest or buy in KT12 5, this may provide insight on opportunities.

Total floor area distribution for KT12 5 houses

Total Floor area distribution for flats in KT12 5

Total Floor area distribution for other property types in KT12 5

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.”

Predicting KT12 5 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 5 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.

Comparing KT12 5 with nearby postcodes

To provide more KT12 5 insight, we’ve done similar in-depth analysis on nearby postcode sectors too.
Review the table below and feel free to navigate around. You may uncover 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

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

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