A guide to property prices in SE12 8

Learn all about South London with our property guides

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.

How SE12 8 compares to nearby postcodes

To provide more SE12 8 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
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

Property prices in SE12 8

For other types of property

Beyond houses and flats, SE12 8 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 SE12 8 in 2021, there were 62 houses sold. This represents an increase of 19.23% in house sales versus the prior year.
The chart below will assist in understanding the distribution of these prices, providing insight into the types and sizes of houses sold in SE12 8 in 2021.

After analysing the price distribution, we can examine the median price. Put simply, the median price splits the group of houses sold in 2021 in SE12 8 into two equal groups. In other words, it shows that 50% of the houses sold in 2021 went for over £6477.32.
This number alone may not be very informative unless compared to previous years. Refer to the table below to see how the median price has changed: versus 2020, versus 2018 (3 years prior), and versus 2016 (5 years ago):

Year Median Sqm Price inSE12 8 (in£) Growth Rate (in %)
2021 £6477.32 -%
2020 £6049.35 -6.5%
2018 £6050.5 -6.5%
2016 £5735.28 -1.4%

Interpreting the table – example with 2018: In 2018, the median price per square metre for a SE12 8 house was £6050.5. Against the newest 2021 data, the median house price per square metre rose by -6.50%%. To start our property value guide, we want to summarise how prices are allocated in SE12 8 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.

A quick 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 SE12 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 flats

In 2021, 28 flats sold in SE12 8 – a/an increase/decrease (choose one) of -9.68%% 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 SE12 8 flat was £5823.66. 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 inSE12 8 (in£) Growth Rate (in %)
2021 £5823.66 -%
2020 £5606.06 -13.9%
2018 £5118.34 -5.7%
2016 £4904.23 -1.6%

Understanding the table – example with 2020: In 2020, the median flat price per square metre in SE12 8 was £5606.06. Compared to the newest 2021 figures, the median flat price per square metre evolved by -6.48%%.

Socioeconomic factors impacting property prices in SE12 8

Household income and employment rates in SE12 8

Another price driver is the area’s average household income. Prices often rise where incomes are increasing. See below for SE12 8’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 SE12 8 property prices too.
The map below displays your sector’s job 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 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.

Property related factors driving the prices up in SE12 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

Naturally, floor area impacts the price you’ll sell or pay. To better grasp SE12 8, we’ve created charts below showing property distributions by total floor space.
If you’re looking to invest or buy in SE12 8, this may provide insight on opportunities.

Total floor area distribution for SE12 8 houses

Total Floor area distribution for flats in SE12 8

Total Floor area distribution for other property types in SE12 8

Location elements influencing property values in SE12 8

Now that we had a look at how the price per square metre in SE12 8 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.

Future developments around

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 SE12 8 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

One major feature of a property may not necessarily be the size of the garden or the number of rooms. Obviously these correspond to your needs as a buyer, and landlord or a seller. What will truly bring value to your property in SE12 8 will also be its proximity to amenities.

The following ones make a significant impact on the price.

  • Transport
  • Hospitals
  • Schools
  • Restaurants & pubs

We have gathered in the following table how your postcode sector (SE12 8) is served according to the above list

Type of amenities Number in SE12 8
NHS Trusts (hospitals) 0
Practioners 20
Pharmacies 2
Schools 6
Shopping centres (within 5mi) 16
Public transports (train or tube stations) 0

So how property prices will evolve in SE12 8 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 factors 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 SE12 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.

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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