Property prices in KT17 4: A closer look

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.

Location elements influencing property values in KT17 4

Future developments nearby

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 KT17 4 properties you may buy or sell, we’ve compiled all developments from the London mayor’s site into the table below. Now that we’ve analysed how the price per square metre in KT17 4 has changed over time, let’s dig deeper into factors impacting the value of properties you may buy or sell.

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 KT17 4 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 (KT17 4) is served according to the above list

Type of amenities Number in KT17 4
NHS Trusts (hospitals) 0
Practioners 35
Pharmacies 1
Schools 2
Shopping centres (within 5mi) 5
Public transports (train or tube stations) 1

Property values in KT17 4

To begin our property price guide, we want to provide an overview of how costs are distributed in KT17 4 based on property type. To do this, we’ll examine 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 site. We then divide the price by the property’s floor area.
This gives us the exact price per square metre paid. We categorise these prices into ranges (£1000-£1500) showing a property was sold at a price per square metre between £1000 and £1500.

For flats

In 2021, 33 flats were sold in KT17 4 – an increase/decrease (choose one) of 26.92%% over 2020. To better understand the price per square metre distribution and sizes/types of flats sold in 2021, we’ve put together the chart below.

While the price distribution provides a helpful snapshot, the median price also gives insight. In 2021, the median price per square metre for a KT17 4 flat was £5273.97 – meaning 50% of flats sold for less.
Refer to the table below to see how the median price changed between 2016 and 2021.

Year Median Sqm Price inKT17 4 (in£) Growth Rate (in %)
2021 £5273.97 -%
2020 £4686.73 3%
2018 £5176.17 -6.7%
2016 £5000 -3.4%

Interpreting the table – example with 2020: In 2020, the median price per square metre for a KT17 4 flat was £4686.73. Compared to the latest 2021 figures, the median flat price per square metre changed by -3.60%%.

For houses

In KT17 4 in 2021, there were 50 houses sold. This represents a decrease of -25.37% 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 KT17 4.

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 KT17 4 into two equal groups. In other words, it indicates 50% of houses sold in 2021 went for over £6134.81. 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 inKT17 4 (in£) Growth Rate (in %)
2021 £6134.81 -%
2020 £5868.85 -3.6%
2018 £5712.33 -1%
2016 £5714.29 -1%

Understanding the table – example with 2018: In 2018, the median house price per square metre in KT17 4 was £5712.33. Compared to the latest 2021 data, the median house price per square metre increased by -0.96%%.

For other types of property

In addition to houses and flats, KT17 4 has seen some other property types change hands over the years, though these represent a small portion 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 in this group, please contact us for more details and insight. We’re happy to provide an accurate, tailored valuation.

A quick note

What we’ve outlined here is an objective analysis of actual prices paid – not an explanation of what drives prices up or down. If you’re curious to learn about the many factors impacting your property’s value, review the information below.
And remember, only an agent deeply embedded in your local area possesses the knowledge to truly assess your property’s worth, or that dream home you hope to buy. They’re at the forefront of supply and demand there.

Looking to buy or sell your property in KT17 4?

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

Property factors increasing prices in KT17 4

Property features & built form

Features like built form, number of rooms, bathrooms etc significantly impact price – more and newer features mean higher prices.
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 when looking at buying the floor area of the property has a direct impact on the price you’ll be selling at or paying for. In order to get a clearer picture of KT17 4 we have come up with the following charts showing the distribution of properties depending on their total floor area.

Total Floor area distribution for houses in KT17 4

Total Floor area distribution for flats in KT17 4

Total Floor area distribution for other property types in KT17 4

Predicting KT17 4 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 KT17 4 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 KT17 4 compares to nearby postcodes

To provide more KT17 4 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
KT17 1 £5460.53 See our analysis on KT17 1 property prices
KT17 2 £5344.83 See our analysis on KT17 2 property prices
KT17 3 £5423.87 See our analysis on KT17 3 property prices
KT17 4 £5868.85 See our analysis on KT17 4 property prices

Socioeconomic factors impacting property values in KT17 4

Household income and employment rates in KT17 4

Another price driver is the area’s average household income. Prices often rise where incomes are increasing. See below for KT17 4’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 KT17 4 property prices too.
The map below displays your sector’s job rate.

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.

After talking about location based factors, we can now focus on factors apparently not related directly to the property itself. Indeed, it’s well known that the property market reacts to economic & demographic signals such as the interest rates, the population growth but also the average household income of the area.

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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