A guide to property prices in KT22 8

A map showing London. Learn more about the city's property market with our guide

With its increasing appeal among renters, first time buyers, and real estate investors, South London has witnessed significant development. At Jukes, our intention is to analyse how property prices have evolved over time and offer key guidance to assist you: sell or invest in a property at an ideal cost.
In this guide we’ll examine macroeconomic elements influencing property values, and closely inspect price changes based on the type of real estate you own or are looking to acquire.
Note: The data here covers 2010 – 2021. We’re updating this model and guide with the latest 2023 figures.

Location factors affecting property prices in KT22 8

Future developments in KT22 8

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 KT22 8 properties you may buy or sell, we’ve gathered all upcoming developments from the London mayor’s website into the table below.

Proximity 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 KT22 8.

  • Transport
  • Hospitals
  • Schools
  • Restaurants & pubs

The above makes a big impact on price. We’ve gathered how your KT22 8 postcode sector is served per the above list in the table below.

Type of amenities Number in KT22 8
NHS Trusts (hospitals) 0
Practioners 2
Pharmacies 1
Schools 6
Shopping centres (within 5mi) 3
Public transports (train or tube stations) 0

Now that we’ve reviewed how the price per square metre in KT22 8 has shifted over time, let’s explore factors impacting the worth of properties you may buy or sell.

Socioeconomic factors influencing property values in KT22 8

After talking about location based factors, we can now focus on factors apparently not related directly to the property itself. Indeed, it’s well known that the property market reacts to economic & demographic signals such as the interest rates, the population growth but also the average household income of the area.

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 capacity. At the same time, with fewer prospective buyers, potential sellers may hesitate to list for fear of lower prices.

Household income and employment rates in KT22 8

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 8 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 8 too.
The map below displays the employment rate in your sector.

Comparing KT22 8 with nearby postcodes

To provide more KT22 8 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 info 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

Property factors increasing prices in KT22 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 sizes

Obviously the floor area impacts the price you’ll sell or pay for. To better understand KT22 8, we’ve created charts below showing property distributions by total floor area.
If you’re looking to invest or buy in KT22 8, this may provide insight on opportunities.

Total floor area distribution for KT22 8 houses

Total Floor area distribution for flats in KT22 8

Total Floor area distribution for other property types in KT22 8

Predicting KT22 8 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 8, 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 prices in KT22 8

For other types of property

In addition to houses and flats, KT22 8 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.

For houses

In KT22 8 in 2021, there were 56 houses sold. This represents an increase of 24.44% 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 KT22 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 KT22 8 into two equal groups. In other words, it indicates 50% of houses sold in 2021 went for over £5370.43. 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 inKT22 8 (in£) Growth Rate (in %)
2021 £5370.43 -%
2020 £5030.49 12.5%
2018 £4814.81 17.5%
2016 £5225.23 8.3%

Understanding the table – example with 2018: In 2018, the median house price per square metre in KT22 8 was £4814.81. Compared to the latest 2021 data, the median house price per square metre increased by 17.50%%.

For flats

In 2021, 48 flats sold in KT22 8 – a/an increase/decrease (choose one) of 128.57%% 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 KT22 8 flat was £4795.41. 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 inKT22 8 (in£) Growth Rate (in %)
2021 £4795.41 -%
2020 £4477.61 7.8%
2018 £4884.93 -1.2%
2016 £4793.84 0.7%

Understanding the table – example with 2020: In 2020, the median flat price per square metre in KT22 8 was £4477.61. Compared to the newest 2021 figures, the median flat price per square metre evolved by 12.46%%.

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 8?

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

To start our property value guide, we want to summarise how prices are allocated in KT22 8 based on property type. To do this, we’ll inspect the price per square metre to assess the breakdown. We calculate the price per square metre by obtaining the price paid data from the Government’s site. We then divide the price by the property’s area.
This gives us the exact price per square metre paid. We group these prices into brackets (£1000-£1500) showing a property sold for a price per square metre between £1000 and £1500.

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)

Leave a Reply

Your email address will not be published. Required fields are marked *