Navigating property values in SE12 0

The arty side of South London

South London is increasingly attractive for renters, first time home buyers, and real estate investors. At Jukes, our goal is to study how property values have shifted over time and offer key recommendations to assist you: sell or acquire a property at the best price.
In this guide we’ll analyse macroeconomic elements driving property prices, and closely examine price fluctuations depending on the type of property you own or hope to purchase.
Note: The data here encompasses 2010 – 2021. We’re updating this model and article with the newest 2023 data.

So how property prices will evolve in SE12 0 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 SE12 0 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.

Comparing SE12 0 with nearby postcodes

To provide more SE12 0 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
SE12 0 £5172.41 See our analysis on SE12 0 property prices
SE12 8 £6049.35 See our analysis on SE12 8 property prices
SE12 9 £5021.28 See our analysis on SE12 9 property prices

Socioeconomic factors influencing the price of a property in SE12 0

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.

Household income and employment rates in SE12 0

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 SE12 0 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 SE12 0 too.
The map below displays the employment rate in your sector. Apart from location, the property market also reacts to economic and demographic factors like interest rates, population growth, and average household income.

Property elements driving price increases in SE12 0

Property sizes

Clearly, floor area impacts the price you’ll sell or pay for. To better understand SE12 0, we’ve created charts below displaying property distributions by total floor space.
If you’re looking to invest or buy in SE12 0, this may provide insight into opportunities.

Total floor area distribution for SE12 0 houses

Total Floor area distribution for flats in SE12 0

Total Floor area distribution for other property types in SE12 0

Property features & built form

Features like built form, number of rooms, bathrooms etc. significantly impact price – the more features, the higher the price. Recent features also boost value.
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.”

Location factors impacting property prices in SE12 0

Proximity 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 SE12 0.

  • Transport
  • Hospitals
  • Schools
  • Restaurants & pubs

The above make a significant impact on price. We’ve summarised how your SE12 0 postcode sector is served per the above list in the table below.

Type of amenities Number in SE12 0
NHS Trusts (hospitals) 0
Practioners 0
Pharmacies 4
Schools 5
Shopping centres (within 5mi) 16
Public transports (train or tube stations) 1

Now that we’ve analysed how the price per square metre in SE12 0 has changed over time, let’s delve into factors influencing the value of properties you may buy or sell.

Future developments around

An area’s popularity can be gauged by the number of ongoing or planned developments. More housing in an area means more people are able to live there, increasing demand. To check if this impacts properties you may buy or sell in SE12 0, we’ve compiled all upcoming developments from the London mayor’s website into the table below.

Deciphering property prices in SE12 0

For other types of property

Beyond houses and flats, SE12 0 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. To kick off our property value guide, we aim to give a summary of how prices are spread in SE12 0 by property type. To accomplish this, we’ll analyse the price per square metre to evaluate the distribution. We determine the price per square metre by accessing the price paid data from the Government’s site. We then divide the price by the property’s square footage.
This provides the precise price per square metre paid. We group these prices into ranges (£1000-£1500) indicating a property sold for a price per square metre within £1000 to £1500.

For houses

In SE12 0 in 2021, we saw 75 houses sold. This represents an an increase of 19.05% 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 SE12 0.

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 SE12 0 into two equal groups. In other words, it indicates that 50% of the houses sold in 2021 went for more than £5443.04.
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 inSE12 0 (in£) Growth Rate (in %)
2021 £5443.04 -%
2020 £5172.41 9.4%
2018 £4896.91 15.5%
2016 £5128.19 10.3%

Understanding the table – example with 2018: In 2018, the median house price per square metre in SE12 0 was £4896.91. Versus the most recent 2021 data, the median house price per square metre increased by 15.53%%.

For flats

In 2021, 34 flats sold in SE12 0 – a/an increase/decrease (choose one) of -8.11%% 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 SE12 0 flat was £5143.0 – 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 inSE12 0 (in£) Growth Rate (in %)
2021 £5143 -%
2020 £5199 -7.1%
2018 £4551.59 6.1%
2016 £4893.13 -1.3%

Understanding the table – example with 2020: In 2020, the median flat price per square metre in SE12 0 was £5199.0. Versus the most recent 2021 figures, the median flat price per square metre evolved by 9.38%%.

To keep in mind

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 SE12 0?

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

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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