Property values in KT1 4: What you need to know

Learn all about South London with our property guides

As a popular destination for renters, first time purchasers, and real estate investors, South London has seen appreciable growth. At Jukes, we aim to delve into how property values have changed over the years and provide essential tips to help you: sell or buy a home at an optimal value.
In this guide we’ll study macroeconomic factors impacting property prices, and carefully inspect price variations based on the type of property you own or plan to obtain.
Note: The data in this piece includes 2010 – 2021. We’re enhancing this model and article with the most current 2023 information.

How KT1 4 compares with nearby postcode sectors

To provide more KT1 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 learnings for these areas:

Postcode sector Median Price per sqm (£, in 2020) See our analysis
KT1 1 £8846.15 See our analysis on KT1 1 property prices
KT1 2 £6603.05 See our analysis on KT1 2 property prices
KT1 3 £6384.93 See our analysis on KT1 3 property prices
KT1 4 £7457.26 See our analysis on KT1 4 property prices

Deciphering property prices in KT1 4

For other types of property

Beyond houses and flats, KT1 4 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.

For flats

In 2021, 19 flats were sold in KT1 4 – an increase/decrease (choose one) of -29.63%% 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 KT1 4 flat was £6928.57 – 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 inKT1 4 (in£) Growth Rate (in %)
2021 £6928.57 -%
2020 £6804.35 -29.1%
2018 £6721.16 -28.2%
2016 £7281.86 -33.7%

Interpreting the table – example with 2020: In 2020, the median price per square metre for a KT1 4 flat was £6804.35. Compared to the latest 2021 figures, the median flat price per square metre changed by -24.13%%. To initiate our property price guide, we want to summarise how costs are distributed in KT1 4 by property type. To accomplish this, we’ll examine the price per square metre to evaluate the breakdown. We determine the price per square metre by accessing the price paid data from the Government’s website. We then divide the price by the property’s size.
This provides the exact price per square metre paid. We categorise these prices into ranges (£1000-£1500) indicating a property was sold for a price per square metre falling between £1000 and £1500.

For houses

In KT1 4 in 2021, there were 17 houses sold. This represents an increase of 13.33% 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 KT1 4 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 KT1 4 into two equal groups. Put another way, it shows 50% of houses sold in 2021 went for over £7704.08. 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 inKT1 4 (in£) Growth Rate (in %)
2021 £7704.08 -%
2020 £7457.26 -24.1%
2018 £6878.31 -17.7%
2016 £7230.56 -21.8%

Deciphering the table – example with 2018: In 2018, the median price per square metre for a house in KT1 4 was £6878.31. Compared to 2021 data, the median house price per square metre rose by -17.75%%.

A noteworthy notice

What we are presenting here is a factual analysis of the prices buyers paid. It is not here to give an explanation of what makes the price evolve. If you are interested in finding out more about the factors that impact the value of your property, you can have a look below.

Please also note that only an agent truly nested in your area will have the knowledge to assess the value of your property or the property you want to buy as they are at the forefront of the demand and the supply.

Looking to buy or sell your property in KT1 4?

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Predicting KT1 4 property prices in 2024-2025

At Jukes we have been trying to solve this equation for the past 35 years and let’s be honest, no one has a magic crystal ball and can predict the future prices. The variables included in the prices as you have just read it are simply too many.

With the rise of machine learning and AI the models to predict trends are getting better but they cannot account for external factors yet and the property market can shit pretty quickly as it did in the past.

It is for this reason that we decided not to show any prediction but rather adopted the position of showing the trend over the past 14 years. The chart below shows you all the property sales that happened in KT1 4, their price, the floor area of the property and the date of sale. Additionally, this chart presents you with a trend line showing the average property price for the given year. As you can see there is an upward trend and in our opinion there is no reason that this trend should change as of February 2024. Nonetheless it’s the slope of the curve that may change in the future

Location factors impacting property prices in KT1 4

Future developments around the neighbourhood

An area’s appeal can be measured by its number of upcoming or in-progress developments. More housing means more potential residents, raising demand. To see if this impacts KT1 4 properties you may buy or sell, we’ve compiled all planned projects from the London mayor’s website into the table below. Now that we’ve analysed how the price per square metre in KT1 4 has changed over time, let’s delve into factors influencing the value of properties you may buy or sell.

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 KT1 4.

  • Transport
  • Hospitals
  • Schools
  • Restaurants & pubs

The above make a significant impact on price. We’ve summarised how your KT1 4 postcode sector is served per the above list in the table below.

Type of amenities Number in KT1 4
NHS Trusts (hospitals) 0
Practioners 17
Pharmacies 0
Schools 1
Shopping centres (within 5mi) 5
Public transports (train or tube stations) 1

Socioeconomic factors impacting property values in KT1 4

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.

Household income & employment rates in KT1 4

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 KT1 4 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 KT1 4, we see a clear correlation with the employment rate as well.

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

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

Property related factors driving the prices up in KT1 4

Property features & built form

When it comes to features we usually include the built form but also the number of rooms, bathrooms etc. The more features a property has, and the recency of these features will significantly impact the price.

Also, when we talk about built forms we usually have the following list in mind:

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 KT1 4, we’ve created charts below showing property distributions by total floor area.
If you’re looking to invest or buy in KT1 4, this may provide insight on opportunities.

Total floor area distribution for KT1 4 houses

Total Floor area distribution for flats in KT1 4

Total Floor area distribution for other property types in KT1 4

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