Decoding property prices in SE11 6

The busy South London stations

As a popular destination for renters, first time purchasers, and real estate investors, South London has seen appreciable growth. At Jukes, we aim to delve into how property values have changed over the years and provide essential tips to help you: sell or buy a home at an optimal value.
In this guide we’ll study macroeconomic factors impacting property prices, and carefully inspect price variations based on the type of property you own or plan to obtain.
Note: The data in this piece includes 2010 – 2021. We’re enhancing this model and article with the most current 2023 information.

Socioeconomic factors influencing the price of a property in SE11 6

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 SE11 6

Another price driver is the area’s average household income. Prices often rise where incomes are increasing. See below for SE11 6’s household income level, as it may positively impact selling your property. We can’t exclude the job rate from this socioeconomic analysis either. It directly relates to household income. The data shows a clear link between the employment rate and SE11 6 property prices too.
The map below displays your sector’s job rate.

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.

Location factors impacting property prices in SE11 6

Now that we’ve looked at how the price per square metre in SE11 6 has changed over time, let’s explore elements impacting the value of properties you may buy or sell.

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 SE11 6 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 garden size and number of rooms meet buyers’ and sellers’ needs, proximity to conveniences also boosts a property’s worth in SE11 6.

  • Transport
  • Hospitals
  • Schools
  • Restaurants & pubs

The above significantly influences price. We’ve gathered how your SE11 6 postcode sector is served per the above list in the table below.

Type of amenities Number in SE11 6
NHS Trusts (hospitals) 0
Practioners 18
Pharmacies 3
Schools 5
Shopping centres (within 5mi) 22
Public transports (train or tube stations) 0

Examining property prices in SE11 6

Important note

What we’ve outlined here is an objective analysis of real prices paid – not an explanation of what impacts prices. If you want to learn about the many factors affecting your property’s value, see the information below.
And remember, only an agent deeply embedded in your local area has the knowledge to accurately assess your property’s worth, 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 SE11 6?

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

For flats

In 2021, 21 flats were sold in SE11 6 – an increase/decrease (choose one) of -32.26%% over 2020.
To better grasp the price per square metre distribution and sizes/types of flats sold in 2021, we’ve assembled the chart below.

While the price distribution gives a helpful snapshot, the median price also provides insight. In 2021, the median price per square metre for a SE11 6 flat was £7812.5 – meaning 50% of flats sold for less than this. See the table below to view how the median price changed between 2016 and 2021.

Year Median Sqm Price inSE11 6 (in£) Growth Rate (in %)
2021 £7812.5 -%
2020 £7500 -35.6%
2018 £8163.27 -40.9%
2016 £8076.92 -40.2%

Deciphering the table – example with 2020: In 2020, the median price per square metre for a SE11 6 flat was £7500.0. Versus 2021 figures, the median flat price per square metre changed by -16.44%%.

For other types of property

Beyond houses and flats, SE11 6 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 SE11 6 in 2021, there were 6 houses sold. This represents an increase of 100.00% 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 6.

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 6 into two equal groups. In other words, it indicates 50% of houses sold in 2021 went for over £7010.36. 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 6 (in£) Growth Rate (in %)
2021 £7010.36 -%
2020 £6770.83 -16.4%
2018 £8413.46 -32.8%
2016 £7974.14 -29.1%

Understanding the table – example with 2018: In 2018, the median house price per square metre in SE11 6 was £8413.46. Compared to the latest 2021 data, the median house price per square metre increased by -32.76%%. To start our property value guide, we want to summarise how prices are allocated in SE11 6 based on property type. To do this, we’ll inspect 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’s site. We then divide the price by the property’s area.
This gives us the exact price per square metre paid. We group these prices into brackets (£1000-£1500) showing a property sold for a price per square metre between £1000 and £1500.

Forecasting SE11 6 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 SE11 6 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.

Comparing SE11 6 with nearby postcodes

To provide more SE11 6 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 info 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

Property factors driving price rises in SE11 6

Property sizes

Naturally, floor area impacts the price you’ll sell or pay. To better grasp SE11 6, we’ve created charts below showing property distributions by total floor space.
If you’re looking to invest or buy in SE11 6, this may provide insight on opportunities.

Total floor area distribution for SE11 6 houses

Total Floor area distribution for flats in SE11 6

Total Floor area distribution for other property types in SE11 6

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.”

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