Property values in KT2 6: What you need to know

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.

Location based factors in KT2 6 impacting the price of your property

Future developments in KT2 6

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 KT2 6 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 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 KT2 6.

  • Transport
  • Hospitals
  • Schools
  • Restaurants & pubs

The above make a significant impact on price. We’ve summarised how your KT2 6 postcode sector is served per the above list in the table below.

Type of amenities Number in KT2 6
NHS Trusts (hospitals) 0
Practioners 56
Pharmacies 3
Schools 8
Shopping centres (within 5mi) 11
Public transports (train or tube stations) 0

Now that we’ve reviewed how the price per square metre in KT2 6 has shifted over time, let’s explore factors impacting the worth of properties you may buy or sell.

Forecasting KT2 6 property prices in 2024-2025

At Jukes we’ve tried deciphering this puzzle for 35 years – honestly, no magic crystal ball accurately forecasts future prices. Too many elements drive costs, as you’ve read.
AI and machine learning are enhancing 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 KT2 6 properties. The chart also displays a yearly average price trendline. As you can see, an upward trajectory that in our opinion won’t change as of February 2024. Though the curve’s slope may shift ahead.

Comparing KT2 6 with nearby postcodes

To provide more context on KT2 6, 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
KT2 5 £7597.4 See our analysis on KT2 5 property prices
KT2 6 £7366.95 See our analysis on KT2 6 property prices
KT2 7 £6975.97 See our analysis on KT2 7 property prices

Property factors driving price rises in KT2 6

Property features & built form

Features like built form, number of rooms, bathrooms etc significantly impact price – more and newer features mean higher prices.
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

Clearly, floor area impacts the price you’ll sell or pay. To better grasp KT2 6, we’ve created charts below displaying property distributions by total floor space.
If you’re looking to invest or buy in KT2 6, this may provide insight on opportunities.

Total floor area distribution for KT2 6 houses

Total Floor area distribution for flats in KT2 6

Total Floor area distribution for other property types in KT2 6

Property prices in KT2 6

To begin our property price guide, we want to provide an overview of how costs are distributed in KT2 6 based on property type. To do this, we’ll examine 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 site. We then divide the price by the property’s floor area.
This gives us the exact price per square metre paid. We categorise these prices into ranges (£1000-£1500) showing a property was sold at a price per square metre between £1000 and £1500.

For other types of property

Beyond houses and flats, KT2 6 has seen some other property types trade hands over the years, though these do not account for a large share of 2021 sales. We’ve compiled the price per square metre distribution for these assorted properties in the chart below.

If you’re looking to buy or sell a more unique property that falls into this category, please reach out for additional details and insight. We can provide an accurate valuation tailored to your specific situation.

For houses

In KT2 6 in 2021, there were 83 houses sold. This represents an increase of 25.76% 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 KT2 6.

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 KT2 6 into two equal groups. In other words, it indicates 50% of houses sold in 2021 went for over £7738.1. 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 inKT2 6 (in£) Growth Rate (in %)
2021 £7738.1 -%
2020 £7366.95 -23.2%
2018 £6968.1 -18.8%
2016 £7147.24 -20.8%

Understanding the table – example with 2018: In 2018, the median house price per square metre in KT2 6 was £6968.1. Compared to the latest 2021 data, the median house price per square metre increased by -18.81%%.

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 KT2 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 flats

In 2021, 41 flats sold in KT2 6 – a/an increase/decrease (choose one) of 20.59%% 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 KT2 6 flat was £6245.88 – 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 inKT2 6 (in£) Growth Rate (in %)
2021 £6245.88 -%
2020 £5942.56 -18.8%
2018 £6400 -24.6%
2016 £6349.21 -24%

Understanding the table – example with 2020: In 2020, the median flat price per square metre in KT2 6 was £5942.56. Versus the most recent 2021 figures, the median flat price per square metre evolved by -23.20%%.

Socioeconomic factors impacting property prices in KT2 6

Household income and job rates in KT2 6

Another factor determining the price of a property will be the average household income in the area. There is a positive correlation between the price growth in an area where the average household income increases.

Check out below where the household income in KT2 6 is as it may have a positive impact on the sale of your property.

As part of this socioeconomic analysis, we cannot forget to mention the employment rate. This is because it is also directly related to the household income we just mentioned. When looking at the data and trying to understand the correlation between the different factors and the price of a property in KT2 6, we see a clear correlation with the employment rate as well.

The map below shows you the employment rate in your sector.

Apart from location, the property market also reacts 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 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.

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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