Decoding property prices in KT6 6

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

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.

Property factors driving price rises in KT6 6

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.”

Property sizes

Clearly, floor area impacts the price you’ll sell or pay for. To better understand KT6 6, we’ve created charts below displaying property distributions by total floor space.
If you’re looking to invest or buy in KT6 6, this may provide insight into opportunities.

Total floor area distribution for KT6 6 houses

Total Floor area distribution for flats in KT6 6

Total Floor area distribution for other property types in KT6 6

Predicting KT6 6 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 KT6 6, 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

Socioeconomic factors impacting property values in KT6 6

Beyond location, the property market also responds to economic and demographic factors like interest rates, population growth, and average household income.

Household income & employment rates in KT6 6

Another price driver is the area’s average household income. Prices often rise where incomes are increasing. See below for KT6 6’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 KT6 6 property prices too.
The map below displays your sector’s job rate.

Interest rates

Over the past 5 years the economic conditions in Great Britain have drastically changed. Between 2019 and 2024 the Bank of England raised its interest rate multiple times to face a growing inflation and cool down an economy that was recovering from post-covid measures.

Interest rates have a direct impact on the property market as it will impact the capacity for potential buyers to borrow money. At the same time, with less prospective buyers, potential sellers are less likely to sell amid the fear of selling for a lower price.

Examining property prices in KT6 6

To keep in mind

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 KT6 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 KT6 6 in 2021, 93 flats were sold. Compared to 2020, this is an increase of 22.37%%.

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 KT6 6 was £6451.61£. This means that when we look at the data, 50% of the flats sold in KT6 6 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 inKT6 6 (in£) Growth Rate (in %)
2021 £6451.61 -%
2020 £6207.49 -22.2%
2018 £6488.34 -25.6%
2016 £6171.88 -21.8%

How to read this table, example with 2020: in 2020 the median price per square metre in KT6 6 for a flat was 6207.49. Compared to 2021, the latest data available, we can see that the median house price per square metre has evolved by -12.94% %.

First to start our property price guide we want to give an overview of how prices are distributed in KT6 6 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 other types of property

In addition to houses and flats, KT6 6 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 KT6 6 in 2021, there were 32 houses sold. This represents an increase of 33.33% 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 KT6 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 KT6 6 into two equal groups. In other words, it indicates 50% of houses sold in 2021 went for over £6764.88. 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 inKT6 6 (in£) Growth Rate (in %)
2021 £6764.88 -%
2020 £6498.77 -12.9%
2018 £6098.91 -7.2%
2016 £5919.57 -4.4%

Understanding the table – example with 2018: In 2018, the median house price per square metre in KT6 6 was £6098.91. Compared to the latest 2021 data, the median house price per square metre increased by -7.24%%.

Location factors impacting property prices in KT6 6

Proximity to public amenities

Now that we’ve reviewed how the price per square metre in KT6 6 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 KT6 6.

  • Transport
  • Hospitals
  • Schools
  • Restaurants & pubs

The above considerably influences price. We’ve compiled how your KT6 6 postcode sector is served per the above list in the table below.

Type of amenities Number in KT6 6
NHS Trusts (hospitals) 0
Practioners 90
Pharmacies 3
Schools 5
Shopping centres (within 5mi) 7
Public transports (train or tube stations) 0

Now that we had a look at how the price per square metre in KT6 6 has changed over time let’s dig a little deeper in the factors that impact the price of the property you are looking to buy or sell.

Check for future developments

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 KT6 6 properties you may buy or sell, we’ve compiled all planned projects from the London mayor’s website into the table below.

How KT6 6 compares to nearby postcodes

To provide more context on KT6 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
KT6 4 £7746.48 See our analysis on KT6 4 property prices
KT6 5 £6721.52 See our analysis on KT6 5 property prices
KT6 6 £6498.77 See our analysis on KT6 6 property prices
KT6 7 £5823.53 See our analysis on KT6 7 property prices

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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