Decoding property prices in KT19 8

The arty side of South London

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.

How KT19 8 compares with nearby postcode sectors

To help you get a better understanding of the KT19 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
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

Socioeconomic factors impacting property values in KT19 8

Household income and employment rates in KT19 8

Another factor determining the price of a property will be the average household income in the area. There is a positive correlation between the price growth in an area where the average household income increases.

Check out below where the household income in KT19 8 is as it may have a positive impact on the sale of your property.

As part of this socioeconomic analysis, we cannot forget to mention the employment rate. This is because it is also directly related to the household income we just mentioned. When looking at the data and trying to understand the correlation between the different factors and the price of a property in KT19 8, we see a clear correlation with the employment rate as well.

The map below shows you the employment rate in your sector.

Interest rates

In the last 5 years, Britain’s economic conditions have dramatically changed. 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 ability. At the same time, with fewer prospective buyers, potential sellers may wait to list for fear of lower prices.

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

Property factors driving price rises in KT19 8

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 KT19 8 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 KT19 8

Total Floor area distribution for flats in KT19 8

Total Floor area distribution for other property types in KT19 8

Property features & built form

Features like built form, number of rooms, bathrooms etc. significantly impact price – the more features, the higher the price. Recent features also boost value.
For built form, we consider:

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 values in KT19 8

First to start our property price guide we want to give an overview of how prices are distributed in KT19 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 flats

In 2021, 40 flats were sold in KT19 8 – an increase/decrease (choose one) of 14.29%% 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 KT19 8 flat was £4534.58 – 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 inKT19 8 (in£) Growth Rate (in %)
2021 £4534.58 -%
2020 £4934.78 -2.2%
2018 £4476.96 7.8%
2016 £4939.87 -2.3%

Interpreting the table – example with 2020: In 2020, the median price per square metre for a KT19 8 flat was £4934.78. Compared to the latest 2021 figures, the median flat price per square metre changed by 2.20%%.

For houses

In KT19 8 in 2021, there were 114 houses sold. This represents an increase of 58.33% 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 KT19 8.

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 KT19 8 into two equal groups. In other words, it indicates 50% of houses sold in 2021 went for over £5806.13. 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 inKT19 8 (in£) Growth Rate (in %)
2021 £5806.13 -%
2020 £5535.8 2.2%
2018 £5220.88 8.4%
2016 £5504.59 2.8%

Understanding the table – example with 2018: In 2018, the median house price per square metre in KT19 8 was £5220.88. Compared to the latest 2021 data, the median house price per square metre increased by 8.36%%.

For other types of property

Beyond houses and flats, KT19 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.

Important note

What we’ve outlined here is an objective analysis of real prices paid – not an explanation of what impacts prices. If you want to learn about the many factors affecting your property’s value, see the information below.
And remember, only an agent deeply embedded in your local area has the knowledge to accurately assess your property’s worth, 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 8?

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

Location factors impacting property prices in KT19 8

Now that we had a look at how the price per square metre in KT19 8 has changed over time let’s dig a little deeper in the factors that impact the price of the property you are looking to buy or sell.

Future developments around the neighbourhood

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 KT19 8, we’ve compiled all upcoming developments from the London mayor’s website into the table below.

Closeness to public amenities

While the size of the garden or number of rooms align with buyers’ and sellers’ needs, proximity to conveniences also boosts a property’s value in KT19 8.

  • Transport
  • Hospitals
  • Schools
  • Restaurants & pubs

The above make a significant impact on price. We’ve summarised how your KT19 8 postcode sector is served per the above list in the table below.

Type of amenities Number in KT19 8
NHS Trusts (hospitals) 0
Practioners 22
Pharmacies 3
Schools 9
Shopping centres (within 5mi) 7
Public transports (train or tube stations) 1

Predicting KT19 8 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 8 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.

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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