A guide to property prices in KT13 8

Learn all about South London with our property guides

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.

Property factors increasing prices in KT13 8

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.”

Property sizes

Obviously the floor area impacts the price you’ll sell or pay for. To better understand KT13 8, we’ve created charts below showing property distributions by total floor area.
If you’re looking to invest or buy in KT13 8, this may provide insight on opportunities.

Total floor area distribution for KT13 8 houses

Total Floor area distribution for flats in KT13 8

Total Floor area distribution for other property types in KT13 8

Forecasting KT13 8 property prices in 2024-2025

At Jukes we’ve tried deciphering this puzzle for 35 years – honestly, no magic crystal ball accurately forecasts future prices. Too many elements drive costs, as you’ve read.
AI and machine learning are enhancing 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 KT13 8 properties. The chart also displays a yearly average price trendline. As you can see, an upward trajectory that in our opinion won’t change as of February 2024. Though the curve’s slope may shift ahead.

Property values in KT13 8

A note of importance

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 KT13 8?

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

First to start our property price guide we want to give an overview of how prices are distributed in KT13 8 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 houses

In KT13 8 in 2021, we saw 95 houses sold. This represents an an increase of 26.67% 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 KT13 8.

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 KT13 8 into two equal groups. In other words, it indicates that 50% of the houses sold in 2021 went for more than £6528.05.
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 inKT13 8 (in£) Growth Rate (in %)
2021 £6528.05 -%
2020 £6300 -10.2%
2018 £6074.77 -6.9%
2016 £6385.33 -11.4%

Understanding the table – example with 2018: In 2018, the median house price per square metre in KT13 8 was £6074.77. Versus the most recent 2021 data, the median house price per square metre increased by -6.87%%.

For other types of property

Beyond houses and flats, KT13 8 has seen other property types trade hands over the years, though these make up a small portion 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 contact us for additional insight and details. We can provide an accurate, tailored valuation.

For flats

In KT13 8 in 2021, 35 flats were sold. Compared to 2020, this is a decrease of -2.78%%.

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 KT13 8 was £5084.75£. This means that when we look at the data, 50% of the flats sold in KT13 8 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 inKT13 8 (in£) Growth Rate (in %)
2021 £5084.75 -%
2020 £4745.07 1.7%
2018 £5000 -3.4%
2016 £4999.19 -3.4%

How to read this table, example with 2020: in 2020 the median price per square metre in KT13 8 for a flat was 4745.07. Compared to 2021, the latest data available, we can see that the median house price per square metre has evolved by -10.20% %.

How KT13 8 compares with nearby postcode sectors

To help you get a better understanding of the KT13 8 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
KT13 0 £5985.2 See our analysis on KT13 0 property prices
KT13 8 £6300 See our analysis on KT13 8 property prices
KT13 9 £6118.42 See our analysis on KT13 9 property prices

Location based factors in KT13 8 impacting the price of your property

Proximity to public amenities

Whilst the size of the garden and number of rooms meet buyers’ and sellers’ needs, proximity to conveniences also boosts a property’s value in KT13 8.

  • Transport
  • Hospitals
  • Schools
  • Restaurants & pubs

The above makes a big impact on price. We’ve gathered how your KT13 8 postcode sector is served per the above list in the table below.

Type of amenities Number in KT13 8
NHS Trusts (hospitals) 0
Practioners 31
Pharmacies 3
Schools 10
Shopping centres (within 5mi) 5
Public transports (train or tube stations) 1

Now that we’ve looked at how the price per square metre in KT13 8 has changed over time, let’s explore elements impacting the value of properties you may buy or sell.

Future developments in KT13 8

An area’s popularity can be gauged by the number of ongoing or planned developments. More housing in an area means more people are able to live there, increasing demand. To check if this impacts properties you may buy or sell in KT13 8, we’ve compiled all upcoming developments from the London mayor’s website into the table below.

Socioeconomic factors impacting property prices in KT13 8

Household income and employment rates in KT13 8

Another factor impacting price is the area’s average household income. Prices tend to increase where incomes are rising. See below for KT13 8’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 KT13 8 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

Over the past 5 years the economic conditions in Great Britain have drastically changed. Between 2019 and 2024 the Bank of England raised its interest rate multiple times to face a growing inflation and cool down an economy that was recovering from post-covid measures.

Interest rates have a direct impact on the property market as it will impact the capacity for potential buyers to borrow money. At the same time, with less prospective buyers, potential sellers are less likely to sell amid the fear of selling for a lower price.

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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