Decoding property prices in KT22 9

View from an alley way in South London showing terraced houses

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.

Predicting KT22 9 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 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 shift quickly, as it has in the past.
That’s why we show 14 years of sales data – prices, floor areas, and sale dates for KT22 9 properties. The chart also displays an average price trendline yearly. As you can see, an upward trajectory that in our view won’t change as of February 2024. But the curve’s slope may shift going forward.

Property values in KT22 9

For flats

In 2021, 4 flats sold in KT22 9 – a/an increase/decrease (choose one) of 33.33%% versus 2020. To better comprehend 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 useful snapshot, but the median price also offers insight. In 2021 the median price per square metre for a KT22 9 flat was £4920.98 – so 50% of flats sold for less.
Check the table below to observe how the median price evolved between 2016 and 2021.

Year Median Sqm Price inKT22 9 (in£) Growth Rate (in %)
2021 £4920.98 -%
2020 £4883.72 -1.1%
2018 £4758.99 1.4%
2016 £6179.75 -21.9%

Understanding the table – example with 2020: In 2020, the median flat price per square metre in KT22 9 was £4883.72. Versus the most recent 2021 figures, the median flat price per square metre evolved by 11.09%%.

For other types of property

KT22 9 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 KT22 9 in 2021, there were 104 houses sold. This represents an increase of 8.33% 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 KT22 9 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 KT22 9 into two equal groups. Put another way, it shows 50% of houses sold in 2021 went for over £5680.28. 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 inKT22 9 (in£) Growth Rate (in %)
2021 £5680.28 -%
2020 £5092.61 11.1%
2018 £5117.65 10.5%
2016 £5304.35 6.7%

Deciphering the table – example with 2018: In 2018, the median price per square metre for a house in KT22 9 was £5117.65. Compared to 2021 data, the median house price per square metre rose by 10.55%%.

A noteworthy notice

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 9?

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

To kick off our property value guide, we aim to give a summary of how prices are spread in KT22 9 by property type. To accomplish this, we’ll analyse the price per square metre to evaluate the distribution. We determine the price per square metre by accessing the price paid data from the Government’s site. We then divide the price by the property’s square footage.
This provides the precise price per square metre paid. We group these prices into ranges (£1000-£1500) indicating a property sold for a price per square metre within £1000 to £1500.

Socioeconomic factors influencing property values in KT22 9

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 job rates in KT22 9

Another price driver is the area’s average household income. Prices often rise where incomes are increasing. See below for KT22 9’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 KT22 9 property prices too.
The map below displays your sector’s job rate. Apart from location, the property market also responds to economic and demographic factors like interest rates, population growth, and average household income.

Location elements influencing property values in KT22 9

Future developments around the neighbourhood

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 9 we’ve checked all the upcoming developments on the London’s mayor website and gathered everything in the following table.

Proximity to public amenities

While garden size and number of rooms meet buyers’ and sellers’ needs, proximity to conveniences also boosts a property’s worth in KT22 9.

  • Transport
  • Hospitals
  • Schools
  • Restaurants & pubs

The above significantly influences price. We’ve gathered how your KT22 9 postcode sector is served per the above list in the table below.

Type of amenities Number in KT22 9
NHS Trusts (hospitals) 0
Practioners 17
Pharmacies 2
Schools 2
Shopping centres (within 5mi) 3
Public transports (train or tube stations) 0

Now that we’ve analysed how the price per square metre in KT22 9 has changed over time, let’s dig deeper into factors impacting the value of properties you may buy or sell.

Comparing KT22 9 with nearby postcodes

To provide more context on KT22 9, we’ve done similar in-depth analysis 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 9

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

Clearly, floor area impacts the price you’ll sell or pay for. To better understand KT22 9, we’ve created charts below displaying property distributions by total floor space.
If you’re looking to invest or buy in KT22 9, this may provide insight into opportunities.

Total floor area distribution for KT22 9 houses

Total Floor area distribution for flats in KT22 9

Total Floor area distribution for other property types in KT22 9

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

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