Navigating property values in SE15 4

A map showing London. Learn more about the city's property market with our guide

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.

Socioeconomic factors impacting property values in SE15 4

Beyond 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 SE15 4

Another price driver is the area’s average household income. Prices often rise where incomes are increasing. See below for SE15 4’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 SE15 4 property prices too.
The map below displays your sector’s job rate.

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.

Forecasting SE15 4 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 shift quickly, as it has in the past.
That’s why we show 14 years of sales data – prices, floor areas, and sale dates for SE15 4 properties. The chart also displays an average price trendline yearly. As you can see, an upward trajectory that in our view won’t change as of February 2024. But the curve’s slope may shift going forward.

Property factors driving price rises in SE15 4

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 SE15 4, we’ve created charts below showing property distributions by total floor area.
If you’re looking to invest or buy in SE15 4, this may provide insight on opportunities.

Total floor area distribution for SE15 4 houses

Total Floor area distribution for flats in SE15 4

Total Floor area distribution for other property types in SE15 4

Location based factors in SE15 4 impacting the price of your property

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 SE15 4.

  • Transport
  • Hospitals
  • Schools
  • Restaurants & pubs

The above makes a big impact on price. We’ve gathered how your SE15 4 postcode sector is served per the above list in the table below.

Type of amenities Number in SE15 4
NHS Trusts (hospitals) 0
Practioners 42
Pharmacies 3
Schools 5
Shopping centres (within 5mi) 22
Public transports (train or tube stations) 0

Now that we had a look at how the price per square metre in SE15 4 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.

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 SE15 4 properties you may buy or sell, we’ve compiled all developments from the London mayor’s site into the table below.

Comparing SE15 4 with nearby postcodes

To provide more SE15 4 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
SE15 1 £6171.72 See our analysis on SE15 1 property prices
SE15 2 £6720.37 See our analysis on SE15 2 property prices
SE15 3 £7156.73 See our analysis on SE15 3 property prices
SE15 4 £8761.49 See our analysis on SE15 4 property prices
SE15 5 £7707.06 See our analysis on SE15 5 property prices
SE15 6 £6159.42 See our analysis on SE15 6 property prices

Property values in SE15 4

For other types of property

In addition to houses and flats, SE15 4 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. To kick off our property value guide, we aim to give a summary of how prices are spread in SE15 4 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 flats

In 2021, 42 flats were sold in SE15 4 – an increase/decrease (choose one) of -26.32%% over 2020. To better understand the price per square metre distribution and sizes/types of flats sold in 2021, we’ve put together the chart below.

While the price distribution provides a helpful snapshot, the median price also gives insight. In 2021, the median price per square metre for a SE15 4 flat was £8355.56 – meaning 50% of flats sold for less.
Refer to the table below to see how the median price changed between 2016 and 2021.

Year Median Sqm Price inSE15 4 (in£) Growth Rate (in %)
2021 £8355.56 -%
2020 £8108.11 -40.5%
2018 £7936.51 -39.2%
2016 £8784.76 -45%

Interpreting the table – example with 2020: In 2020, the median price per square metre for a SE15 4 flat was £8108.11. Compared to the latest 2021 figures, the median flat price per square metre changed by -35.43%%.

To keep in mind

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 SE15 4?

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

For houses

In SE15 4 in 2021, there were 55 houses sold. This represents a decrease of -5.17% 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 SE15 4 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 SE15 4 into two equal groups. In other words, it shows that 50% of the houses sold in 2021 went for over £8735.85.
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 inSE15 4 (in£) Growth Rate (in %)
2021 £8735.85 -%
2020 £8761.49 -35.4%
2018 £7960.53 -28.9%
2016 £8020.83 -29.5%

Interpreting the table – example with 2018: In 2018, the median price per square metre for a SE15 4 house was £7960.53. Against the newest 2021 data, the median house price per square metre rose by -28.93%%.

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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