Decoding property prices in SE18 1

South London underground

With its increasing appeal among renters, first time buyers, and real estate investors, South London has witnessed significant development. At Jukes, our intention is to analyse how property prices have evolved over time and offer key guidance to assist you: sell or invest in a property at an ideal cost.
In this guide we’ll examine macroeconomic elements influencing property values, and closely inspect price changes based on the type of real estate you own or are looking to acquire.
Note: The data here covers 2010 – 2021. We’re updating this model and guide with the latest 2023 figures.

Location factors impacting property prices in SE18 1

Now that we’ve reviewed how the price per square metre in SE18 1 has shifted over time, let’s explore factors impacting the worth of properties you may buy or sell.

Proximity to public amenities

Now that we’ve reviewed how the price per square metre in SE18 1 has shifted over time, let’s explore factors impacting the worth of properties you may buy or sell.

Closeness to public amenities

Whilst the size of the garden and number of rooms suit buyers’ and sellers’ needs, proximity to conveniences also enhances a property’s value in SE18 1.

  • Transport
  • Hospitals
  • Schools
  • Restaurants & pubs

The above considerably influences price. We’ve compiled how your SE18 1 postcode sector is served per the above list in the table below.

Type of amenities Number in SE18 1
NHS Trusts (hospitals) 0
Practioners 24
Pharmacies 3
Schools 8
Shopping centres (within 5mi) 15
Public transports (train or tube stations) 0

Future developments around the neighbourhood

The attractivity of an area can be measured partially via the number of ongoing or upcoming developments. Indeed with further housing developments an area is able to welcome more people to live around increasing the demand for the given area. To check if this has an impact on the property you are looking to buy or sell in SE18 1 we’ve checked all the upcoming developments on the London’s mayor website and gathered everything in the following table.

Socioeconomic factors influencing property values in SE18 1

Household income & employment rates in SE18 1

Another price driver is the area’s average household income. Prices often rise where incomes are increasing. See below for SE18 1’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 SE18 1 property prices too.
The map below displays your sector’s job rate.

After talking about location based factors, we can now focus on factors apparently not related directly to the property itself. Indeed, it’s well known that the property market reacts to economic & demographic signals such as the interest rates, the population growth but also the average household income of the area.

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.

Analysing property values in SE18 1

For houses

In SE18 1 in 2021, there were 111 houses sold. This represents an increase of 46.05% in house sales compared to the previous year.
The chart below will help understand the distribution of these prices, giving insight into the types and sizes of houses sold in 2021 in SE18 1.

After reviewing the price distribution, we can examine the median price. Simply put, the median price separates the group of houses sold in 2021 in SE18 1 into two equal groups. In other words, it indicates 50% of houses sold in 2021 went for over £4593.74. This number alone may not provide much value unless compared to previous years. See the table below to observe how the median price has changed: versus 2020, versus 2018 (3 years before), and versus 2016 (5 years prior):

Year Median Sqm Price inSE18 1 (in£) Growth Rate (in %)
2021 £4593.74 -%
2020 £4176.7 35.5%
2018 £4237 33.5%
2016 £4099.03 38%

Understanding the table – example with 2018: In 2018, the median house price per square metre in SE18 1 was £4237.0. Compared to the latest 2021 data, the median house price per square metre increased by 33.53%%.

For flats

In 2021, 11 flats were sold in SE18 1 – an increase/decrease (choose one) of 0.00%% 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 SE18 1 flat was £4605.26 – 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 inSE18 1 (in£) Growth Rate (in %)
2021 £4605.26 -%
2020 £4583.33 5.3%
2018 £5147.06 -6.2%
2016 £3919.49 23.2%

Interpreting the table – example with 2020: In 2020, the median price per square metre for a SE18 1 flat was £4583.33. Compared to the latest 2021 figures, the median flat price per square metre changed by 35.45%%.

For other types of property

Beyond houses and flats, SE18 1 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.

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 SE18 1?

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

To start our property value guide, we want to summarise how prices are allocated in SE18 1 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.

So how property prices will evolve in SE18 1 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 SE18 1 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 SE18 1 compares with nearby postcode sectors

To provide more context on SE18 1, 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
SE18 1 £4176.7 See our analysis on SE18 1 property prices
SE18 2 £4521.08 See our analysis on SE18 2 property prices
SE18 3 £4767.44 See our analysis on SE18 3 property prices
SE18 4 £4863.36 See our analysis on SE18 4 property prices
SE18 5 £4466.67 See our analysis on SE18 5 property prices
SE18 6 £5126.57 See our analysis on SE18 6 property prices
SE18 7 £4115.85 See our analysis on SE18 7 property prices

Property related factors driving the prices up in SE18 1

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 SE18 1 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 SE18 1

Total Floor area distribution for flats in SE18 1

Total Floor area distribution for other property types in SE18 1

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.”

Consider buying or selling in South London? Go with Jukes!

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  • More than 25 years of experience combined
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