Navigating property values in KT20 5

A woman cycling in a South London park

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.

Location elements influencing property values in KT20 5

Future developments around

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 KT20 5, we’ve compiled all upcoming developments from the London mayor’s website into the table below.

Closeness 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 KT20 5.

  • Transport
  • Hospitals
  • Schools
  • Restaurants & pubs

The above makes a big impact on price. We’ve gathered how your KT20 5 postcode sector is served per the above list in the table below.

Type of amenities Number in KT20 5
NHS Trusts (hospitals) 0
Practioners 39
Pharmacies 3
Schools 5
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 KT20 5 has changed over time, let’s explore elements impacting the value of properties you may buy or sell.

Property factors driving price rises in KT20 5

Property sizes

Clearly, floor area impacts the price you’ll sell or pay for. To better understand KT20 5, we’ve created charts below displaying property distributions by total floor space.
If you’re looking to invest or buy in KT20 5, this may provide insight into opportunities.

Total floor area distribution for KT20 5 houses

Total Floor area distribution for flats in KT20 5

Total Floor area distribution for other property types in KT20 5

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.”

Predicting KT20 5 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 KT20 5 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.

Comparing KT20 5 with nearby postcodes

To provide more KT20 5 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
KT20 5 £4915.73 See our analysis on KT20 5 property prices
KT20 6 £5084.87 See our analysis on KT20 6 property prices
KT20 7 £5196.09 See our analysis on KT20 7 property prices

Examining property prices in KT20 5

For other types of property

KT20 5 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.

For houses

In KT20 5 in 2021, there were 145 houses sold. This represents an increase of 28.32% 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 KT20 5 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 KT20 5 into two equal groups. Put another way, it shows 50% of houses sold in 2021 went for over £5060.98. 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 inKT20 5 (in£) Growth Rate (in %)
2021 £5060.98 -%
2020 £4915.73 15.1%
2018 £4475.09 26.4%
2016 £4743.24 19.3%

Deciphering the table – example with 2018: In 2018, the median price per square metre for a house in KT20 5 was £4475.09. Compared to 2021 data, the median house price per square metre rose by 26.42%%. To initiate our property price guide, we want to summarise how costs are distributed in KT20 5 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.

A noteworthy notice

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 KT20 5?

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

For flats

In 2021, 24 flats sold in KT20 5 – a/an increase/decrease (choose one) of -7.69%% 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 KT20 5 flat was £4438.26. 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 inKT20 5 (in£) Growth Rate (in %)
2021 £4438.26 -%
2020 £4033.88 19.7%
2018 £3863.64 24.9%
2016 £4063.87 18.8%

Understanding the table – example with 2020: In 2020, the median flat price per square metre in KT20 5 was £4033.88. Compared to the newest 2021 figures, the median flat price per square metre evolved by 15.09%%.

Socioeconomic factors influencing the price of a property in KT20 5

Interest rates

In the last 5 years, Britain’s economic conditions have dramatically shifted. Between 2019 and 2024, the Bank of England increased interest rates multiple times to address growing inflation and cool an economy recovering from post-covid measures.
Higher interest rates directly affect the property market by impacting buyers’ borrowing ability. At the same time, with fewer prospective buyers, potential sellers may wait to list for fear of lower prices.

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

Household income and job rates in KT20 5

Another price driver is the area’s average household income. Prices often rise where incomes are increasing. See below for KT20 5’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 KT20 5 property prices too.
The map below displays your sector’s job rate.

Consider buying or selling in South London? Go with Jukes!

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  • More than 25 years of experience combined
  • We help you focus on your objective (investment, 1st time buy)

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