Property values in KT22 0: What you need to know

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South London is an up and coming area for renters, first time buyers and property investors. At Jukes we want to take a step back to analyse how property prices have evolved over time and give some key elements to help you: sell or buy your property at the right price.
In this guide we will look at macro economic factors influencing the price of a property but also take a deeper look at the evolution of prices depending on the type of property you own or you are looking to buy.
Note: the data shown in this article covers the period 2010 – 2021. We are working to improve this model and article with the latest data for 2023.

Property factors increasing prices in KT22 0

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 KT22 0, we’ve created charts below showing property distributions by total floor area.
If you’re looking to invest or buy in KT22 0, this may provide insight on opportunities.

Total floor area distribution for KT22 0 houses

Total Floor area distribution for flats in KT22 0

Total Floor area distribution for other property types in KT22 0

Location factors impacting property prices in KT22 0

Check for future developments

The attractivity of an area can be measured partially via the number of ongoing or upcoming developments. Indeed with further housing developments an area is able to welcome more people to live around increasing the demand for the given area. To check if this has an impact on the property you are looking to buy or sell in KT22 0 we’ve checked all the upcoming developments on the London’s mayor website and gathered everything in the following table.

Now that we’ve analysed how the price per square metre in KT22 0 has changed over time, let’s delve into factors influencing the value of properties you may buy or sell.

Closeness to public amenities

Now that we’ve reviewed how the price per square metre in KT22 0 has shifted over time, let’s explore factors impacting the worth of properties you may buy or sell.

Closeness to public amenities

Whilst the size of the garden and number of rooms suit buyers’ and sellers’ needs, proximity to conveniences also enhances a property’s value in KT22 0.

  • Transport
  • Hospitals
  • Schools
  • Restaurants & pubs

The above considerably influences price. We’ve compiled how your KT22 0 postcode sector is served per the above list in the table below.

Type of amenities Number in KT22 0
NHS Trusts (hospitals) 0
Practioners 13
Pharmacies 2
Schools 2
Shopping centres (within 5mi) 3
Public transports (train or tube stations) 1

Comparing KT22 0 with nearby postcodes

To provide more KT22 0 insight, we’ve done similar in-depth analysis on nearby postcode sectors too.
Review the table below and feel free to navigate around. You may uncover interesting opportunities and learnings for these areas:

Postcode sector Median Price per sqm (£, in 2020) See our analysis
KT22 0 £5980.39 See our analysis on KT22 0 property prices
KT22 7 £4615.38 See our analysis on KT22 7 property prices
KT22 8 £5030.49 See our analysis on KT22 8 property prices
KT22 9 £5092.61 See our analysis on KT22 9 property prices

Forecasting KT22 0 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 KT22 0, 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

Property values in KT22 0

For houses

In KT22 0 in 2021, there were 34 houses sold. This represents a decrease of -38.18% in house sales versus the prior year.
The chart below will assist in understanding the distribution of these prices, providing insight into the types and sizes of houses sold in KT22 0 in 2021.

After analysing the price distribution, we can examine the median price. Put simply, the median price splits the group of houses sold in 2021 in KT22 0 into two equal groups. In other words, it shows that 50% of the houses sold in 2021 went for over £5940.97.
This number alone may not be very informative unless compared to previous years. Refer to the table below to see how the median price has changed: versus 2020, versus 2018 (3 years prior), and versus 2016 (5 years ago):

Year Median Sqm Price inKT22 0 (in£) Growth Rate (in %)
2021 £5940.97 -%
2020 £5980.39 -5.4%
2018 £5268.29 7.4%
2016 £5531.39 2.3%

Interpreting the table – example with 2018: In 2018, the median price per square metre for a KT22 0 house was £5268.29. Against the newest 2021 data, the median house price per square metre rose by 7.39%%.

First to start our property price guide we want to give an overview of how prices are distributed in KT22 0 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 KT22 0 in 2021, 8 flats were sold. Compared to 2020, this is a decrease of -55.56%%.

To better understand how the price per square metre is distributed and give you an idea of the size and types of flats sold in 2021, we have put together the chart below.

Looking at the price distribution is a great way to get a snapshot of how flats are distributed but it is now interesting to have a look at the median price. In 2021, the median price per square metre for a flat in KT22 0 was £6130.96£. This means that when we look at the data, 50% of the flats sold in KT22 0 were sold for less than that.

Have a look at the table below to get an idea of how the median price has changed between 2016 and 2021

Year Median Sqm Price inKT22 0 (in£) Growth Rate (in %)
2021 £6130.96 -%
2020 £5595.09 -13.7%
2018 £3316.77 45.6%
2016 £3197.27 51%

How to read this table, example with 2020: in 2020 the median price per square metre in KT22 0 for a flat was 5595.09. Compared to 2021, the latest data available, we can see that the median house price per square metre has evolved by -5.40% %.

For other types of property

In addition to houses and flats, KT22 0 has seen other property types change hands over the years, though these represent a small share 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 get in touch for more details and perspective. We’re happy to provide a tailored, accurate valuation.

To keep in mind

What we’ve outlined here is an objective analysis of actual prices paid – not an explanation of what drives prices up or down. If you’re curious to learn about the many factors impacting your property’s value, review the information below.
And remember, only an agent deeply embedded in your local area possesses the knowledge to truly assess your property’s worth, or that dream home you hope to buy. They’re at the forefront of supply and demand there.

Looking to buy or sell your property in KT22 0?

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

Socioeconomic factors impacting property values in KT22 0

Household income and job rates in KT22 0

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 KT22 0 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 KT22 0 too.
The map below displays the employment rate in your sector. Beyond location, the property market also responds to economic and demographic factors like interest rates, population growth, and average household income.

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.

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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