Property values in KT6 7: What you need to know

Learn all about South London with our property guides

South London is an up and coming area for renters, first time buyers and property investors. At Jukes we want to take a step back to analyse how property prices have evolved over time and give some key elements to help you: sell or buy your property at the right price.
In this guide we will look at macro economic factors influencing the price of a property but also take a deeper look at the evolution of prices depending on the type of property you own or you are looking to buy.
Note: the data shown in this article covers the period 2010 – 2021. We are working to improve this model and article with the latest data for 2023.

Forecasting KT6 7 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 KT6 7 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 KT6 7 with nearby postcodes

To provide more KT6 7 insight, we’ve done similar in-depth analysis on nearby postcode sectors too.
Review the table below and feel free to navigate around. You may uncover interesting opportunities and learnings 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

Property values in KT6 7

For houses

In KT6 7 in 2021, we saw 109 houses sold. This represents an an increase of 31.33% 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 KT6 7.

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 KT6 7 into two equal groups. In other words, it indicates that 50% of the houses sold in 2021 went for more than £5919.54.
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 inKT6 7 (in£) Growth Rate (in %)
2021 £5919.54 -%
2020 £5823.53 -2.9%
2018 £5384.62 5.1%
2016 £5500 2.9%

Understanding the table – example with 2018: In 2018, the median house price per square metre in KT6 7 was £5384.62. Versus the most recent 2021 data, the median house price per square metre increased by 5.07%%.

For flats

In 2021, 25 flats sold in KT6 7 – a/an increase/decrease (choose one) of 31.58%% versus 2020. To better grasp 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 helpful snapshot, but the median price also offers insight. In 2021 the median price per square metre for a KT6 7 flat was £5675.68. This means 50% of flats sold for less than this.
See the table below to observe how the median price changed from 2016 to 2021.

Year Median Sqm Price inKT6 7 (in£) Growth Rate (in %)
2021 £5675.68 -%
2020 £5651.41 -14.6%
2018 £5454.55 -11.5%
2016 £5932.2 -18.6%

Understanding the table – example with 2020: In 2020, the median flat price per square metre in KT6 7 was £5651.41. Compared to the newest 2021 figures, the median flat price per square metre evolved by -2.85%%.

For other types of property

Beyond houses and flats, KT6 7 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.

First to start our property price guide we want to give an overview of how prices are distributed in KT6 7 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.

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 7?

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

Location based factors in KT6 7 impacting the price of your property

Now that we’ve analysed how the price per square metre in KT6 7 has changed over time, let’s dig deeper into factors impacting the value of properties you may buy or sell.

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 KT6 7.

  • Transport
  • Hospitals
  • Schools
  • Restaurants & pubs

The above significantly influences price. We’ve gathered how your KT6 7 postcode sector is served per the above list in the table below.

Type of amenities Number in KT6 7
NHS Trusts (hospitals) 0
Practioners 3
Pharmacies 4
Schools 6
Shopping centres (within 5mi) 7
Public transports (train or tube stations) 0

Check for future developments

An area’s popularity can be gauged by its number of planned or in-progress developments. More housing means more residents, increasing demand. To see if this impacts KT6 7 properties you may buy or sell, we’ve gathered all upcoming developments from the London mayor’s website into the table below.

Property factors driving price rises in KT6 7

Property sizes

Clearly, floor area impacts the price you’ll sell or pay. To better grasp KT6 7, we’ve created charts below displaying property distributions by total floor space.
If you’re looking to invest or buy in KT6 7, this may provide insight on opportunities.

Total floor area distribution for KT6 7 houses

Total Floor area distribution for flats in KT6 7

Total Floor area distribution for other property types in KT6 7

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.”

Socioeconomic factors impacting property values in KT6 7

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 ability. At the same time, with fewer prospective buyers, potential sellers may wait to list for fear of lower prices.

Household income and employment rates in KT6 7

Another price determiner is the area’s average household income. Prices tend to rise in areas where household incomes are increasing. See below where household income in the KT6 7 stands, as it may positively impact selling your property. We can’t omit the employment rate from this socioeconomic analysis either. It directly relates to the household income we just covered. The data shows a clear link between the employment rate and property prices in KT6 7 too.
The map below displays 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.

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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