Property prices in SE10 9: A closer look

A view of South London terraced houses and their chimneys

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 SE10 9 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 shift quickly, as it has in the past.
That’s why we show 14 years of sales data – prices, floor areas, and sale dates for SE10 9 properties. The chart also displays an average price trendline yearly. As you can see, an upward trajectory that in our view won’t change as of February 2024. But the curve’s slope may shift going forward.

Property factors increasing prices in SE10 9

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 SE10 9 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 SE10 9

Total Floor area distribution for flats in SE10 9

Total Floor area distribution for other property types in SE10 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.”

Deciphering property prices in SE10 9

For flats

In 2021, 123 flats sold in SE10 9 – a/an increase/decrease (choose one) of -41.71%% 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 9 flat was £7437.5 – 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 9 (in£) Growth Rate (in %)
2021 £7437.5 -%
2020 £8000 -39.7%
2018 £6709.69 -28.1%
2016 £7272.73 -33.6%

Understanding the table – example with 2020: In 2020, the median flat price per square metre in SE10 9 was £8000.0. Versus the most recent 2021 figures, the median flat price per square metre evolved by -35.31%%.

Important note

What we are presenting here is a factual analysis of the prices buyers paid. It is not here to give an explanation of what makes the price evolve. If you are interested in finding out more about the factors that impact the value of your property, you can have a look below.

Please also note that only an agent truly nested in your area will have the knowledge to assess the value of your property or the property you want to buy as they are at the forefront of the demand and the supply.

Looking to buy or sell your property in SE10 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 other types of property

Beyond houses and flats, SE10 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.

For houses

In SE10 9 in 2021, we saw 70 houses sold. This represents an an increase of 66.67% 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 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 SE10 9 into two equal groups. In other words, it indicates that 50% of the houses sold in 2021 went for more than £8441.14.
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 9 (in£) Growth Rate (in %)
2021 £8441.14 -%
2020 £8745.73 -35.3%
2018 £8400.38 -32.7%
2016 £7281.88 -22.3%

Understanding the table – example with 2018: In 2018, the median house price per square metre in SE10 9 was £8400.38. Versus the most recent 2021 data, the median house price per square metre increased by -32.65%%. To initiate our property price guide, we want to summarise how costs are distributed in SE10 9 by property type. To accomplish this, we’ll examine the price per square metre to evaluate the breakdown. We determine the price per square metre by accessing the price paid data from the Government’s website. We then divide the price by the property’s size.
This provides the exact price per square metre paid. We categorise these prices into ranges (£1000-£1500) indicating a property was sold for a price per square metre falling between £1000 and £1500.

Socioeconomic factors influencing the price of a property in SE10 9

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

Household income and job rates in SE10 9

Another factor determining the price of a property will be the average household income in the area. There is a positive correlation between the price growth in an area where the average household income increases.

Check out below where the household income in SE10 9 is as it may have a positive impact on the sale of your property.

As part of this socioeconomic analysis, we cannot forget to mention the employment rate. This is because it is also directly related to the household income we just mentioned. When looking at the data and trying to understand the correlation between the different factors and the price of a property in SE10 9, we see a clear correlation with the employment rate as well.

The map below shows you the employment rate in your sector.

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.

How SE10 9 compares to nearby postcodes

To provide more SE10 9 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

Location elements influencing property values in SE10 9

Check for future developments

An area’s appeal can be measured by its number of upcoming or in-progress developments. More housing means more residents, raising demand. To see if this impacts SE10 9 properties you may buy or sell, we’ve compiled all developments from the London mayor’s site into the table below.

Closeness to public amenities

Now that we’ve reviewed how the price per square metre in SE10 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 SE10 9.

  • Transport
  • Hospitals
  • Schools
  • Restaurants & pubs

The above considerably influences price. We’ve compiled how your SE10 9 postcode sector is served per the above list in the table below.

Type of amenities Number in SE10 9
NHS Trusts (hospitals) 0
Practioners 36
Pharmacies 2
Schools 7
Shopping centres (within 5mi) 20
Public transports (train or tube stations) 1

Now that we’ve reviewed how the price per square metre in SE10 9 has shifted over time, let’s explore factors impacting the worth of properties you may buy or sell.

Consider buying or selling in South London? Go with Jukes!

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