Property values in KT5 9: What you need to know

A view of South London terraced houses and their chimneys

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.

How KT5 9 compares to nearby postcodes

To help you get a better understanding of the KT5 9 area, we’ve also put together a similar deep dive analysis on the nearby postcode sectors.

Have a quick look at the following table and don’t hesitate to navigate around. You might find interesting opportunities and learnings on these areas:

Postcode sector Median Price per sqm (£, in 2020) See our analysis
KT5 8 £6532.63 See our analysis on KT5 8 property prices
KT5 9 £5620.44 See our analysis on KT5 9 property prices

So how property prices will evolve in KT5 9 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 KT5 9 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.

Location elements influencing property values in KT5 9

Future developments nearby

An area’s appeal can be measured by its number of upcoming or in-progress developments. More housing means more potential residents, raising demand. To see if this impacts KT5 9 properties you may buy or sell, we’ve compiled all planned projects from the London mayor’s website into the table below.

Closeness to public amenities

Now that we’ve reviewed how the price per square metre in KT5 9 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 KT5 9.

  • Transport
  • Hospitals
  • Schools
  • Restaurants & pubs

The above considerably influences price. We’ve compiled how your KT5 9 postcode sector is served per the above list in the table below.

Type of amenities Number in KT5 9
NHS Trusts (hospitals) 0
Practioners 15
Pharmacies 1
Schools 3
Shopping centres (within 5mi) 8
Public transports (train or tube stations) 2

Now that we’ve analysed how the price per square metre in KT5 9 has changed over time, let’s dig deeper into factors impacting the value of properties you may buy or sell.

Examining property prices in KT5 9

For other types of property

Beyond houses and flats, KT5 9 has seen other property types trade hands over the years, though these make up a small portion 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 contact us for additional insight and details. We can provide an accurate, tailored valuation.

A note of importance

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 KT5 9?

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

For houses

In KT5 9 in 2021, we saw 105 houses sold. This represents an an increase of 29.63% in house sales compared to the prior year.
The chart below will help you comprehend the distribution of these prices and thus can provide an idea of the types and sizes of houses that were sold in 2021 in KT5 9.

After examining the price distribution, we can now focus on the median price. Simply put, the median price divides the group of houses sold in 2021 in KT5 9 into two equal groups. In other words, it indicates that 50% of the houses sold in 2021 went for more than £5748.3.
This number alone may not be very informative unless you compare it to previous years. Have a look at the table below to see how the median price has changed: versus 2020, versus 2018 (3 years before), and versus 2016 (5 years ago):

Year Median Sqm Price inKT5 9 (in£) Growth Rate (in %)
2021 £5748.3 -%
2020 £5620.44 0.7%
2018 £5592.11 1.2%
2016 £5294.12 6.9%

Understanding the table – example with 2018: In 2018, the median house price per square metre in KT5 9 was £5592.11. Versus the most recent 2021 data, the median house price per square metre increased by 1.17%%. To begin our property price guide, we want to provide an overview of how costs are distributed in KT5 9 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 flats

In 2021, 16 flats were sold in KT5 9 – an increase/decrease (choose one) of 60.00%% over 2020. To better understand the price per square metre distribution and sizes/types of flats sold in 2021, we’ve put together the chart below.

While the price distribution provides a helpful snapshot, the median price also gives insight. In 2021, the median price per square metre for a KT5 9 flat was £5503.93 – meaning 50% of flats sold for less.
Refer to the table below to see how the median price changed between 2016 and 2021.

Year Median Sqm Price inKT5 9 (in£) Growth Rate (in %)
2021 £5503.93 -%
2020 £5899.31 -18.2%
2018 £4576.92 5.5%
2016 £6223.41 -22.4%

Interpreting the table – example with 2020: In 2020, the median price per square metre for a KT5 9 flat was £5899.31. Compared to the latest 2021 figures, the median flat price per square metre changed by 0.66%%.

Property factors driving price rises in KT5 9

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 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

Naturally, floor area impacts the price you’ll sell or pay. To better grasp KT5 9, we’ve created charts below showing property distributions by total floor space.
If you’re looking to invest or buy in KT5 9, this may provide insight on opportunities.

Total floor area distribution for KT5 9 houses

Total Floor area distribution for flats in KT5 9

Total Floor area distribution for other property types in KT5 9

Socioeconomic factors impacting property values in KT5 9

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.

Household income & employment rates in KT5 9

Another price driver is the area’s average household income. Prices often rise where incomes are increasing. See below for KT5 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 KT5 9 property prices too.
The map below displays your sector’s job rate.

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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