Navigating property values in SE10 8

A woman cycling in a South London park

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 values in SE10 8

For flats

In 2021, 54 flats sold in SE10 8 – a/an increase/decrease (choose one) of -14.29%% versus 2020. To better comprehend 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 useful snapshot, but the median price also offers insight. In 2021 the median price per square metre for a SE10 8 flat was £6789.37 – so 50% of flats sold for less.
Check the table below to observe how the median price evolved between 2016 and 2021.

Year Median Sqm Price inSE10 8 (in£) Growth Rate (in %)
2021 £6789.37 -%
2020 £7291.67 -33.8%
2018 £6193.22 -22.1%
2016 £7021.28 -31.2%

Understanding the table – example with 2020: In 2020, the median flat price per square metre in SE10 8 was £7291.67. Versus the most recent 2021 figures, the median flat price per square metre evolved by -33.69%%.

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 SE10 8?

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 SE10 8 in 2021, we saw 58 houses sold. This represents an a decrease of -1.69% 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 SE10 8.

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 SE10 8 into two equal groups. In other words, it indicates that 50% of the houses sold in 2021 went for more than £9160.04.
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 inSE10 8 (in£) Growth Rate (in %)
2021 £9160.04 -%
2020 £8531.81 -33.7%
2018 £9105.13 -37.9%
2016 £9107.97 -37.9%

Understanding the table – example with 2018: In 2018, the median house price per square metre in SE10 8 was £9105.13. Versus the most recent 2021 data, the median house price per square metre increased by -37.86%%. To begin our property price guide, we want to provide an overview of how costs are distributed in SE10 8 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 other types of property

SE10 8 has seen other types of properties being sold over the years but these do not represent a large proportion of the properties sold in 2021. We’ve gathered these properties in the chart above to show you how the price per square metre is distributed for these properties.

If the property you are looking to buy or sell falls into this category, feel free to reach out to us for more details and information. We will be able to provide you with an accurate valuation.

Location factors impacting property prices in SE10 8

Future developments around

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 SE10 8 properties you may buy or sell, we’ve gathered all upcoming developments from the London mayor’s website into the table below.

Closeness to public amenities

While the size of the garden or number of rooms align with buyers’ and sellers’ needs, proximity to conveniences also boosts a property’s value in SE10 8.

  • Transport
  • Hospitals
  • Schools
  • Restaurants & pubs

The above make a significant impact on price. We’ve summarised how your SE10 8 postcode sector is served per the above list in the table below.

Type of amenities Number in SE10 8
NHS Trusts (hospitals) 0
Practioners 36
Pharmacies 3
Schools 2
Shopping centres (within 5mi) 20
Public transports (train or tube stations) 1

Now that we’ve analysed how the price per square metre in SE10 8 has changed over time, let’s delve into factors influencing the value of properties you may buy or sell.

Comparing SE10 8 with nearby postcodes

To provide more SE10 8 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
SE10 0 £6992.96 See our analysis on SE10 0 property prices
SE10 8 £8531.81 See our analysis on SE10 8 property prices
SE10 9 £8745.73 See our analysis on SE10 9 property prices

Socioeconomic factors impacting property prices in SE10 8

Household income and employment rates in SE10 8

Another factor impacting price is the area’s average household income. Prices tend to increase where incomes are rising. See below for SE10 8’s household income level, as it may positively influence selling your property. We can’t exclude the employment rate from this socioeconomic analysis. It directly relates to household income. The data shows a clear correlation between the job rate and SE10 8 property prices too.
The map below displays your sector’s employment rate. 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 ability. At the same time, with fewer prospective buyers, potential sellers may wait to list for fear of lower prices.

Forecasting SE10 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 variables 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 SE10 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.

Property related factors driving the prices up in SE10 8

Property features & built form

Features like built form, number of rooms, bathrooms etc. greatly affect price – more features mean higher prices. Recent features also increase value.
For built form, we look at:

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 the floor area impacts the price you’ll sell or pay for. To better understand SE10 8, we’ve created charts below showing property distributions by total floor area.
If you’re looking to invest or buy in SE10 8, this may provide insight on opportunities.

Total floor area distribution for SE10 8 houses

Total Floor area distribution for flats in SE10 8

Total Floor area distribution for other property types in SE10 8

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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