Property prices in KT20 6: A closer look

A view of South London terraced houses and their chimneys

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.

Property elements driving price increases in KT20 6

Property features & built form

Features like built form, number of rooms, bathrooms etc. greatly affect price – more features mean higher prices. Recent features also increase value.
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

Naturally, floor area impacts the price you’ll sell or pay. To better grasp KT20 6, we’ve created charts below showing property distributions by total floor space.
If you’re looking to invest or buy in KT20 6, this may provide insight on opportunities.

Total floor area distribution for KT20 6 houses

Total Floor area distribution for flats in KT20 6

Total Floor area distribution for other property types in KT20 6

Examining property prices in KT20 6

For houses

In KT20 6 in 2021, we saw 56 houses sold. This represents an increase of 27.27% 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 KT20 6.

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 KT20 6 into two equal groups. Said differently, it tells you that 50% of the houses sold in 2021 were sold for more than £5263.19.

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 inKT20 6 (in£) Growth Rate (in %)
2021 £5263.19 -%
2020 £5084.87 11.3%
2018 £4813.56 17.5%
2016 £4634.99 22.1%

How to read this table, example with 2018: in 2018 the median price per square metre in KT20 6 for a house was 4813.56. Compared to 2021, the latest data available, we can see that the median house price per square metre has evolved by 17.53% %.

Important note

What we’ve presented here is an objective analysis of real prices paid – not an explanation of what makes prices rise or fall. If you want to learn about the many factors impacting your property’s value, see the information below.
And remember, only an agent deeply rooted in your local area has the knowledge to truly assess your property’s value, or that dream home you hope to acquire. They’re on the front lines of supply and demand there.

Looking to buy or sell your property in KT20 6?

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

Beyond houses and flats, KT20 6 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.

For flats

In 2021, 14 flats sold in KT20 6 – a/an increase/decrease (choose one) of -26.32%% 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 6 flat was £4115.84. 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 6 (in£) Growth Rate (in %)
2021 £4115.84 -%
2020 £4691.36 2.9%
2018 £5306.6 -9%
2016 £4606.03 4.8%

Understanding the table – example with 2020: In 2020, the median flat price per square metre in KT20 6 was £4691.36. Compared to the newest 2021 figures, the median flat price per square metre evolved by 11.26%%. To initiate our property price guide, we want to summarise how costs are distributed in KT20 6 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.

How KT20 6 compares to nearby postcodes

To help you get a better understanding of the KT20 6 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
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

Socioeconomic factors influencing property values in KT20 6

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.

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

Household income and employment rates in KT20 6

Another price driver is the area’s average household income. Prices often rise where incomes are increasing. See below for KT20 6’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 6 property prices too.
The map below displays your sector’s job rate.

Location elements influencing property values in KT20 6

Proximity 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 KT20 6.

  • Transport
  • Hospitals
  • Schools
  • Restaurants & pubs

The above make a significant impact on price. We’ve summarised how your KT20 6 postcode sector is served per the above list in the table below.

Type of amenities Number in KT20 6
NHS Trusts (hospitals) 0
Practioners 0
Pharmacies 0
Schools 2
Shopping centres (within 5mi) 5
Public transports (train or tube stations) 1

Future developments in KT20 6

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 KT20 6 properties you may buy or sell, we’ve gathered all upcoming developments from the London mayor’s website into the table below. Now that we’ve analysed how the price per square metre in KT20 6 has changed over time, let’s delve into factors influencing the value of properties you may buy or sell.

So how property prices will evolve in KT20 6 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 variables 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 6 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!

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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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