Decoding property prices in KT4 8

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.

Property values in KT4 8

For flats

In KT4 8 in 2021, 35 flats were sold. Compared to 2020, this is an increase of 29.63%%.

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 KT4 8 was £5210.53£. This means that when we look at the data, 50% of the flats sold in KT4 8 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 inKT4 8 (in£) Growth Rate (in %)
2021 £5210.53 -%
2020 £5322.58 -9.3%
2018 £5518.52 -12.5%
2016 £5657.96 -14.7%

How to read this table, example with 2020: in 2020 the median price per square metre in KT4 8 for a flat was 5322.58. Compared to 2021, the latest data available, we can see that the median house price per square metre has evolved by 0.96% %.

For other types of property

In addition to houses and flats, KT4 8 has seen some other property types change hands over the years, though these represent a small portion 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 in this group, please contact us for more details and insight. We’re happy to provide an accurate, tailored valuation.

Important note

What we’ve outlined here is an objective analysis of actual prices paid – not an explanation of what impacts prices. If you want to learn about the many factors affecting your property’s value, review the information below.
And remember, only an agent deeply embedded in your local area has the knowledge to truly assess your property’s value, or that dream home you hope to buy. They’re on the front lines of supply and demand there.

Looking to buy or sell your property in KT4 8?

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

First to start our property price guide we want to give an overview of how prices are distributed in KT4 8 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 houses

In KT4 8 in 2021, we saw 240 houses sold. This represents an increase of 36.36% 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 KT4 8.

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 KT4 8 into two equal groups. Said differently, it tells you that 50% of the houses sold in 2021 were sold for more than £5709.55.

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 inKT4 8 (in£) Growth Rate (in %)
2021 £5709.55 -%
2020 £5603.53 1%
2018 £5556.17 1.8%
2016 £5322.58 6.3%

How to read this table, example with 2018: in 2018 the median price per square metre in KT4 8 for a house was 5556.17. Compared to 2021, the latest data available, we can see that the median house price per square metre has evolved by 1.82% %.

Location factors impacting property prices in KT4 8

Future developments around the neighbourhood

An area’s appeal can be measured by its number of upcoming or in-progress developments. More housing means more residents, raising demand. To see if this impacts KT4 8 properties you may buy or sell, we’ve compiled all developments from the London mayor’s site into the table below.

Closeness to public amenities

One major feature of a property may not necessarily be the size of the garden or the number of rooms. Obviously these correspond to your needs as a buyer, and landlord or a seller. What will truly bring value to your property in KT4 8 will also be its proximity to amenities.

The following ones make a significant impact on the price.

  • Transport
  • Hospitals
  • Schools
  • Restaurants & pubs

We have gathered in the following table how your postcode sector (KT4 8) is served according to the above list

Type of amenities Number in KT4 8
NHS Trusts (hospitals) 0
Practioners 0
Pharmacies 2
Schools 7
Shopping centres (within 5mi) 10
Public transports (train or tube stations) 0

Now that we’ve analysed how the price per square metre in KT4 8 has changed over time, let’s delve into factors influencing the value of properties you may buy or sell.

Property related factors driving the prices up in KT4 8

Property sizes

Obviously the floor area impacts the price you’ll sell or pay for. To better understand KT4 8, we’ve created charts below showing property distributions by total floor area.
If you’re looking to invest or buy in KT4 8, this may provide insight on opportunities.

Total floor area distribution for KT4 8 houses

Total Floor area distribution for flats in KT4 8

Total Floor area distribution for other property types in KT4 8

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.”

Comparing KT4 8 with nearby postcodes

To provide more KT4 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
KT4 7 £5730.9 See our analysis on KT4 7 property prices
KT4 8 £5603.53 See our analysis on KT4 8 property prices

Socioeconomic factors influencing the price of a property in KT4 8

Apart from 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 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 KT4 8

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 KT4 8 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 KT4 8, we see a clear correlation with the employment rate as well.

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

Forecasting KT4 8 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 factors 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 KT4 8 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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