A guide to property prices in SE16 4

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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.

Forecasting SE16 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 SE16 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.

Location factors impacting property prices in SE16 4

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 SE16 4 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 (SE16 4) is served according to the above list

Type of amenities Number in SE16 4
NHS Trusts (hospitals) 0
Practioners 16
Pharmacies 2
Schools 9
Shopping centres (within 5mi) 15
Public transports (train or tube stations) 1

Now that we had a look at how the price per square metre in SE16 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.

Future developments around

An area’s appeal can be measured by its number of upcoming or in-progress developments. More housing means more potential residents, raising demand. To see if this impacts SE16 4 properties you may buy or sell, we’ve compiled all planned projects from the London mayor’s website into the table below.

Property elements driving price increases in SE16 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 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

Clearly, floor area impacts the price you’ll sell or pay for. To better understand SE16 4, we’ve created charts below displaying property distributions by total floor space.
If you’re looking to invest or buy in SE16 4, this may provide insight into opportunities.

Total floor area distribution for SE16 4 houses

Total Floor area distribution for flats in SE16 4

Total Floor area distribution for other property types in SE16 4

Socioeconomic factors impacting property values in SE16 4

Interest rates

In the last 5 years, Britain’s economic conditions have dramatically changed. 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 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 responds to economic and demographic factors like interest rates, population growth, and average household income.

Household income and employment rates in SE16 4

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 SE16 4 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 SE16 4, we see a clear correlation with the employment rate as well.

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

How SE16 4 compares to nearby postcodes

To provide more context on SE16 4, we’ve done similar in-depth analysis 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
SE16 2 £7880.43 See our analysis on SE16 2 property prices
SE16 3 £6447.69 See our analysis on SE16 3 property prices
SE16 4 £9030.24 See our analysis on SE16 4 property prices
SE16 5 £7647.06 See our analysis on SE16 5 property prices
SE16 6 £8144.84 See our analysis on SE16 6 property prices
SE16 7 £7541.36 See our analysis on SE16 7 property prices

Property prices in SE16 4

A note of importance

What we’ve outlined here is an objective analysis of actual prices paid – not an explanation of what impacts prices. If you want to learn about the many factors affecting your property’s value, review the information below.
And remember, only an agent deeply embedded in your local area has the knowledge to truly assess your property’s value, 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 SE16 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 SE16 4 in 2021, we saw 14 houses sold. This represents an an increase of 75.00% 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 SE16 4.

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 SE16 4 into two equal groups. In other words, it indicates that 50% of the houses sold in 2021 went for more than £8195.96.
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 inSE16 4 (in£) Growth Rate (in %)
2021 £8195.96 -%
2020 £9030.24 -37.3%
2018 £7264.9 -22.1%
2016 £7626.5 -25.8%

Understanding the table – example with 2018: In 2018, the median house price per square metre in SE16 4 was £7264.9. Versus the most recent 2021 data, the median house price per square metre increased by -22.13%%.

First to start our property price guide we want to give an overview of how prices are distributed in SE16 4 on the type of property. To do so, we will look at the price per square metre to assess the distribution. To create the charts, we are calculating the price per square metre by getting the price paid data from the Government website. Then we divide the price by the surface area of the property.

Once this is done, it gives us the exact price per square metre paid and we finally categorise these prices into buckets (£1000-£1500) indicating that a given property has been sold with a price per square metre oscillating between £1000 and £1500.

For flats

In 2021, 43 flats sold in SE16 4 – a/an increase/decrease (choose one) of 10.26%% 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 SE16 4 flat was £7397.26. 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 inSE16 4 (in£) Growth Rate (in %)
2021 £7397.26 -%
2020 £8357.14 -42.2%
2018 £7702.78 -37.3%
2016 £7866.67 -38.6%

Understanding the table – example with 2020: In 2020, the median flat price per square metre in SE16 4 was £8357.14. Compared to the newest 2021 figures, the median flat price per square metre evolved by -37.35%%.

For other types of property

Beyond houses and flats, SE16 4 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.

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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