Decoding property prices in KT19 7

View from an alley way in South London showing terraced houses

South London has seen major growth as a popular location for renters, first time buyers, and real estate investors. Here at Jukes, we want to analyse how property prices have changed over time and provide key insights to help you: sell or purchase a home at the optimal price.
In this guide we’ll examine macroeconomic factors impacting property values, and take a close look at price changes depending on the type of home you own or plan to acquire.
Note: The data in this article covers 2010 – 2021. We’re working to enhance this model and article with the most up-to-date 2023 figures.

Examining property prices in KT19 7

To begin our property price guide, we want to provide an overview of how costs are distributed in KT19 7 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 houses

In KT19 7 in 2021, we saw 13 houses sold. This represents an increase of 30.00% 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 KT19 7.

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 KT19 7 into two equal groups. Said differently, it tells you that 50% of the houses sold in 2021 were sold for more than £6318.68.

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 inKT19 7 (in£) Growth Rate (in %)
2021 £6318.68 -%
2020 £5291.15 6.9%
2018 £5438.34 4%
2016 £5454.55 3.7%

How to read this table, example with 2018: in 2018 the median price per square metre in KT19 7 for a house was 5438.34. Compared to 2021, the latest data available, we can see that the median house price per square metre has evolved by 4.03% %.

For flats

In 2021, 6 flats sold in KT19 7 – a/an increase/decrease (choose one) of 500.00%% 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 KT19 7 flat was £4909.66. 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 inKT19 7 (in£) Growth Rate (in %)
2021 £4909.66 -%
2020 £4627.66 4.3%
2018 £4869.28 -0.9%
2016 £4936.71 -2.2%

Understanding the table – example with 2020: In 2020, the median flat price per square metre in KT19 7 was £4627.66. Compared to the newest 2021 figures, the median flat price per square metre evolved by 6.92%%.

Important 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 KT19 7?

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

For other types of property

KT19 7 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.

Comparing KT19 7 with nearby postcodes

To provide more KT19 7 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
KT19 0 £5200 See our analysis on KT19 0 property prices
KT19 7 £5291.15 See our analysis on KT19 7 property prices
KT19 8 £5535.8 See our analysis on KT19 8 property prices
KT19 9 £5053.76 See our analysis on KT19 9 property prices

Location factors impacting property prices in KT19 7

Check for future developments

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 KT19 7 properties you may buy or sell, we’ve gathered all upcoming developments from the London mayor’s website into the table below.

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 KT19 7.

  • Transport
  • Hospitals
  • Schools
  • Restaurants & pubs

The above makes a big impact on price. We’ve gathered how your KT19 7 postcode sector is served per the above list in the table below.

Type of amenities Number in KT19 7
NHS Trusts (hospitals) 0
Practioners 0
Pharmacies 0
Schools 0
Shopping centres (within 5mi) 7
Public transports (train or tube stations) 0

Now that we’ve reviewed how the price per square metre in KT19 7 has shifted over time, let’s explore factors impacting the worth of properties you may buy or sell.

Socioeconomic factors influencing property values in KT19 7

Household income and job rates in KT19 7

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 KT19 7 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 KT19 7 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.

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.

Predicting KT19 7 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 KT19 7 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.

Property factors increasing prices in KT19 7

Property sizes

Clearly, floor area impacts the price you’ll sell or pay. To better grasp KT19 7, we’ve created charts below displaying property distributions by total floor space.
If you’re looking to invest or buy in KT19 7, this may provide insight on opportunities.

Total floor area distribution for KT19 7 houses

Total Floor area distribution for flats in KT19 7

Total Floor area distribution for other property types in KT19 7

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.”

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