Property prices in SE13 7: A closer look

A woman cycling in a South London park

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.

How SE13 7 compares with nearby postcode sectors

To help you get a better understanding of the SE13 7 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

Location based factors in SE13 7 impacting the price of your property

Check for future developments

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 SE13 7 properties you may buy or sell, we’ve compiled all developments from the London mayor’s site into the table below.

Proximity 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 SE13 7.

  • Transport
  • Hospitals
  • Schools
  • Restaurants & pubs

The above significantly influences price. We’ve gathered how your SE13 7 postcode sector is served per the above list in the table below.

Type of amenities Number in SE13 7
NHS Trusts (hospitals) 0
Practioners 64
Pharmacies 3
Schools 5
Shopping centres (within 5mi) 21
Public transports (train or tube stations) 2

Now that we’ve analysed how the price per square metre in SE13 7 has changed over time, let’s delve into factors influencing the value of properties you may buy or sell.

Socioeconomic factors influencing property values in SE13 7

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.

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

Household income & employment rates in SE13 7

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 7 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 7, we see a clear correlation with the employment rate as well.

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

Property values in SE13 7

For houses

In SE13 7 in 2021, there were 81 houses sold. This represents an increase of 62.00% 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 SE13 7 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 SE13 7 into two equal groups. In other words, it shows that 50% of the houses sold in 2021 went for over £6042.37.
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 inSE13 7 (in£) Growth Rate (in %)
2021 £6042.37 -%
2020 £5868.25 -3.6%
2018 £6030.5 -6.2%
2016 £5609.74 0.9%

Interpreting the table – example with 2018: In 2018, the median price per square metre for a SE13 7 house was £6030.5. Against the newest 2021 data, the median house price per square metre rose by -6.18%%.

For other types of property

In addition to houses and flats, SE13 7 has seen other property types change hands over the years, though these represent a small share 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 get in touch for more details and perspective. We’re happy to provide a tailored, accurate valuation.

A noteworthy notice

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 SE13 7?

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, 86 flats sold in SE13 7 – a/an increase/decrease (choose one) of -3.37%% 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 SE13 7 flat was £6442.31 – 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 inSE13 7 (in£) Growth Rate (in %)
2021 £6442.31 -%
2020 £6850.75 -29.5%
2018 £6656.31 -27.5%
2016 £6838.24 -29.4%

Understanding the table – example with 2020: In 2020, the median flat price per square metre in SE13 7 was £6850.75. Versus the most recent 2021 figures, the median flat price per square metre evolved by -3.59%%. To initiate our property price guide, we want to summarise how costs are distributed in SE13 7 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.

Property related factors driving the prices up in SE13 7

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.”

Property sizes

Obviously when looking at buying the floor area of the property has a direct impact on the price you’ll be selling at or paying for. In order to get a clearer picture of SE13 7 we have come up with the following charts showing the distribution of properties depending on their total floor area.

Total Floor area distribution for houses in SE13 7

Total Floor area distribution for flats in SE13 7

Total Floor area distribution for other property types in SE13 7

Predicting SE13 7 property prices in 2024-2025

At Jukes we have been trying to solve this equation for the past 35 years and let’s be honest, no one has a magic crystal ball and can predict the future prices. The variables included in the prices as you have just read it are simply too many.

With the rise of machine learning and AI the models to predict trends are getting better but they cannot account for external factors yet and the property market can shit pretty quickly as it did in the past.

It is for this reason that we decided not to show any prediction but rather adopted the position of showing the trend over the past 14 years. The chart below shows you all the property sales that happened in SE13 7, their price, the floor area of the property and the date of sale. Additionally, this chart presents you with a trend line showing the average property price for the given year. As you can see there is an upward trend and in our opinion there is no reason that this trend should change as of February 2024. Nonetheless it’s the slope of the curve that may change in the future

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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