Decoding property prices in SE11 5

Learn all about South London with our property guides

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.

Location factors impacting property prices in SE11 5

Now that we had a look at how the price per square metre in SE11 5 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.

Closeness to public amenities

Whilst the size of the garden and number of rooms meet buyers’ and sellers’ needs, proximity to conveniences also boosts a property’s value in SE11 5.

  • Transport
  • Hospitals
  • Schools
  • Restaurants & pubs

The above makes a big impact on price. We’ve gathered how your SE11 5 postcode sector is served per the above list in the table below.

Type of amenities Number in SE11 5
NHS Trusts (hospitals) 0
Practioners 5
Pharmacies 1
Schools 12
Shopping centres (within 5mi) 22
Public transports (train or tube stations) 0

Check for future developments

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 SE11 5 we’ve checked all the upcoming developments on the London’s mayor website and gathered everything in the following table.

Deciphering property prices in SE11 5

To begin our property price guide, we want to provide an overview of how costs are distributed in SE11 5 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.

A quick 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 SE11 5?

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For flats

In 2021, 38 flats sold in SE11 5 – a/an increase/decrease (choose one) of 35.71%% 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 SE11 5 flat was £7229.65. 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 inSE11 5 (in£) Growth Rate (in %)
2021 £7229.65 -%
2020 £8077.17 -40.2%
2018 £7436.36 -35.1%
2016 £7664.95 -37%

Understanding the table – example with 2020: In 2020, the median flat price per square metre in SE11 5 was £8077.17. Compared to the newest 2021 figures, the median flat price per square metre evolved by -40.38%%.

For other types of property

In addition to houses and flats, SE11 5 has seen some other property types change hands over the years, though these represent a small portion 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 in this group, please contact us for more details and insight. We’re happy to provide an accurate, tailored valuation.

For houses

In SE11 5 in 2021, there were 7 houses sold. This represents a decrease of 0.00% 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 SE11 5.

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 SE11 5 into two equal groups. In other words, it indicates 50% of houses sold in 2021 went for over £8908.05. 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 inSE11 5 (in£) Growth Rate (in %)
2021 £8908.05 -%
2020 £9488.67 -40.4%
2018 £9306.3 -39.2%
2016 £9184.78 -38.4%

Understanding the table – example with 2018: In 2018, the median house price per square metre in SE11 5 was £9306.3. Compared to the latest 2021 data, the median house price per square metre increased by -39.21%%.

Socioeconomic factors impacting property prices in SE11 5

Interest rates

In the last 5 years, Britain’s economic conditions have drastically shifted. Between 2019 and 2024, the Bank of England raised interest rates multiple times to address growing inflation and cool an economy recovering from post-covid measures.
Higher interest rates directly impact the property market by affecting buyers’ borrowing capacity. At the same time, with fewer prospective buyers, potential sellers may hesitate to list for fear of lower prices.

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 employment rates in SE11 5

Another determiner of price is the area’s average household income. Prices often increase where incomes are rising. See below for SE11 5’s household income level, as it may positively impact selling your property. We can’t exclude the job rate from this socioeconomic analysis. It directly relates to household income. The data also shows a clear correlation between the employment rate and SE11 5 property prices.
The map below displays the job rate in your sector.

Property elements driving price increases in SE11 5

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 SE11 5, we’ve created charts below showing property distributions by total floor area.
If you’re looking to invest or buy in SE11 5, this may provide insight on opportunities.

Total floor area distribution for SE11 5 houses

Total Floor area distribution for flats in SE11 5

Total Floor area distribution for other property types in SE11 5

Forecasting SE11 5 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 SE11 5 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.

Comparing SE11 5 with nearby postcodes

To provide more SE11 5 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
SE11 4 £7815.2 See our analysis on SE11 4 property prices
SE11 5 £9488.67 See our analysis on SE11 5 property prices
SE11 6 £6770.83 See our analysis on SE11 6 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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