A guide to property prices in SE13 5

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South London has seen major growth as a popular location for renters, first time buyers, and real estate investors. Here at Jukes, we want to analyse how property prices have changed over time and provide key insights to help you: sell or purchase a home at the optimal price.
In this guide we’ll examine macroeconomic factors impacting property values, and take a close look at price changes depending on the type of home you own or plan to acquire.
Note: The data in this article covers 2010 – 2021. We’re working to enhance this model and article with the most up-to-date 2023 figures.

Property prices in SE13 5

A noteworthy notice

What we’ve outlined here is an objective analysis of actual prices paid – not an explanation of what drives prices up or down. If you’re curious to learn about the many factors impacting your property’s value, review the information below.
And remember, only an agent deeply embedded in your local area possesses the knowledge to truly assess your property’s worth, or that dream home you hope to buy. They’re at the forefront of supply and demand there.

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To initiate our property price guide, we want to summarise how costs are distributed in SE13 5 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.

For flats

In SE13 5 in 2021, 69 flats were sold. Compared to 2020, this is an increase of 21.05%%.

To better understand how the price per square metre is distributed and give you an idea of the size and types of flats sold in 2021, we have put together the chart below.

Looking at the price distribution is a great way to get a snapshot of how flats are distributed but it is now interesting to have a look at the median price. In 2021, the median price per square metre for a flat in SE13 5 was £6136.36£. This means that when we look at the data, 50% of the flats sold in SE13 5 were sold for less than that.

Have a look at the table below to get an idea of how the median price has changed between 2016 and 2021

Year Median Sqm Price inSE13 5 (in£) Growth Rate (in %)
2021 £6136.36 -%
2020 £6250 -22.8%
2018 £6507.35 -25.8%
2016 £6052.63 -20.2%

How to read this table, example with 2020: in 2020 the median price per square metre in SE13 5 for a flat was 6250.0. Compared to 2021, the latest data available, we can see that the median house price per square metre has evolved by -17.79% %.

For other types of property

Beyond houses and flats, SE13 5 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 SE13 5 in 2021, we saw 76 houses sold. This represents an a decrease of -5.00% 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 SE13 5.

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 SE13 5 into two equal groups. In other words, it indicates that 50% of the houses sold in 2021 went for more than £6951.69.
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 inSE13 5 (in£) Growth Rate (in %)
2021 £6951.69 -%
2020 £6882.16 -17.8%
2018 £6507.35 -13.1%
2016 £6467 -12.5%

Understanding the table – example with 2018: In 2018, the median house price per square metre in SE13 5 was £6507.35. Versus the most recent 2021 data, the median house price per square metre increased by -13.06%%.

Location factors affecting property prices in SE13 5

Now that we’ve analysed how the price per square metre in SE13 5 has changed over time, let’s dig deeper into factors impacting the value of properties you may 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 SE13 5.

  • Transport
  • Hospitals
  • Schools
  • Restaurants & pubs

The above makes a big impact on price. We’ve gathered how your SE13 5 postcode sector is served per the above list in the table below.

Type of amenities Number in SE13 5
NHS Trusts (hospitals) 0
Practioners 22
Pharmacies 4
Schools 9
Shopping centres (within 5mi) 21
Public transports (train or tube stations) 1

Future developments around the neighbourhood

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 SE13 5, we’ve compiled all upcoming developments from the London mayor’s website into the table below.

Socioeconomic factors impacting property values in SE13 5

Household income & employment rates in SE13 5

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 SE13 5 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 SE13 5, we see a clear correlation with the employment rate as well.

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

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.

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

Forecasting SE13 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 quickly shift, as it has before.
That’s why we show 14 years of sales data – prices, sizes, and sale dates for SE13 5 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.

How SE13 5 compares to nearby postcodes

To help you get a better understanding of the SE13 5 area, we’ve also put together a similar deep dive analysis on the nearby postcode sectors.

Have a quick look at the following table and don’t hesitate to navigate around. You might find interesting opportunities and learnings on these areas:

Postcode sector Median Price per sqm (£, in 2020) See our analysis
SE13 5 £6882.16 See our analysis on SE13 5 property prices
SE13 6 £5691.06 See our analysis on SE13 6 property prices
SE13 7 £5868.25 See our analysis on SE13 7 property prices

Property factors increasing prices in SE13 5

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.”

Property sizes

Obviously the floor area impacts the price you’ll sell or pay for. To better understand SE13 5, we’ve created charts below showing property distributions by total floor area.
If you’re looking to invest or buy in SE13 5, this may provide insight on opportunities.

Total floor area distribution for SE13 5 houses

Total Floor area distribution for flats in SE13 5

Total Floor area distribution for other property types in SE13 5

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