Navigating property values in KT9 1

A view of South London terraced houses and their chimneys

With its increasing appeal among renters, first time buyers, and real estate investors, South London has witnessed significant development. At Jukes, our intention is to analyse how property prices have evolved over time and offer key guidance to assist you: sell or invest in a property at an ideal cost.
In this guide we’ll examine macroeconomic elements influencing property values, and closely inspect price changes based on the type of real estate you own or are looking to acquire.
Note: The data here covers 2010 – 2021. We’re updating this model and guide with the latest 2023 figures.

Predicting KT9 1 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 KT9 1 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 factors impacting property prices in KT9 1

Now that we’ve analysed how the price per square metre in KT9 1 has changed over time, let’s delve into factors influencing the value of properties you may buy or sell.

Proximity to public amenities

Now that we’ve reviewed how the price per square metre in KT9 1 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 KT9 1.

  • Transport
  • Hospitals
  • Schools
  • Restaurants & pubs

The above considerably influences price. We’ve compiled how your KT9 1 postcode sector is served per the above list in the table below.

Type of amenities Number in KT9 1
NHS Trusts (hospitals) 0
Practioners 23
Pharmacies 4
Schools 3
Shopping centres (within 5mi) 5
Public transports (train or tube stations) 0

Future developments nearby

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 KT9 1 we’ve checked all the upcoming developments on the London’s mayor website and gathered everything in the following table.

Deciphering property prices in KT9 1

For other types of property

Beyond houses and flats, KT9 1 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 KT9 1 in 2021, we saw 94 houses sold. This represents an increase of 36.23% 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 KT9 1.

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 KT9 1 into two equal groups. Said differently, it tells you that 50% of the houses sold in 2021 were sold for more than £5397.44.

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 inKT9 1 (in£) Growth Rate (in %)
2021 £5397.44 -%
2020 £4999.5 13.2%
2018 £5115.04 10.6%
2016 £5000 13.2%

How to read this table, example with 2018: in 2018 the median price per square metre in KT9 1 for a house was 5115.04. Compared to 2021, the latest data available, we can see that the median house price per square metre has evolved by 10.61% %.

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 KT9 1?

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

To begin our property price guide, we want to provide an overview of how costs are distributed in KT9 1 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, 18 flats were sold in KT9 1 – an increase/decrease (choose one) of 50.00%% 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 KT9 1 flat was £4112.65 – 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 inKT9 1 (in£) Growth Rate (in %)
2021 £4112.65 -%
2020 £4140.1 16.6%
2018 £4595.59 5%
2016 £4038.65 19.5%

Interpreting the table – example with 2020: In 2020, the median price per square metre for a KT9 1 flat was £4140.1. Compared to the latest 2021 figures, the median flat price per square metre changed by 13.16%%.

Socioeconomic factors influencing the price of a property in KT9 1

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.

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

Household income and job rates in KT9 1

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 KT9 1 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 KT9 1 too.
The map below displays the employment rate in your sector.

Comparing KT9 1 with nearby postcodes

To provide more KT9 1 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 learnings for these areas:

Postcode sector Median Price per sqm (£, in 2020) See our analysis
KT9 1 £4999.5 See our analysis on KT9 1 property prices
KT9 2 £5156.25 See our analysis on KT9 2 property prices

Property related factors driving the prices up in KT9 1

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

Obviously when looking at buying the floor area of the property has a direct impact on the price you’ll be selling at or paying for. In order to get a clearer picture of KT9 1 we have come up with the following charts showing the distribution of properties depending on their total floor area.

Total Floor area distribution for houses in KT9 1

Total Floor area distribution for flats in KT9 1

Total Floor area distribution for other property types in KT9 1

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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