Property prices in SE18 4: A closer look

Learn all about South London with our property guides

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.

Analysing property values in SE18 4

For houses

In SE18 4 in 2021, there were 17 houses sold. This represents an increase of 88.89% 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 4.

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 4 into two equal groups. In other words, it indicates 50% of houses sold in 2021 went for over £4707.79. 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 4 (in£) Growth Rate (in %)
2021 £4707.79 -%
2020 £4863.36 16.3%
2018 £4927.54 14.8%
2016 £4583.33 23.4%

Understanding the table – example with 2018: In 2018, the median house price per square metre in SE18 4 was £4927.54. Compared to the latest 2021 data, the median house price per square metre increased by 14.81%%. To initiate our property price guide, we want to summarise how costs are distributed in SE18 4 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 other types of property

Beyond houses and flats, SE18 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.

For flats

In 2021, 57 flats were sold in SE18 4 – an increase/decrease (choose one) of -14.93%% over 2020.
To better grasp the price per square metre distribution and sizes/types of flats sold in 2021, we’ve assembled the chart below.

While the price distribution gives a helpful snapshot, the median price also provides insight. In 2021, the median price per square metre for a SE18 4 flat was £4836.73 – meaning 50% of flats sold for less than this. See the table below to view how the median price changed between 2016 and 2021.

Year Median Sqm Price inSE18 4 (in£) Growth Rate (in %)
2021 £4836.73 -%
2020 £5106.38 -5.5%
2018 £4727.94 2.1%
2016 £5075.76 -4.9%

Deciphering the table – example with 2020: In 2020, the median price per square metre for a SE18 4 flat was £5106.38. Versus 2021 figures, the median flat price per square metre changed by 16.33%%.

A note of importance

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 4?

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

Forecasting SE18 4 property prices in 2024-2025

At Jukes we’ve tried deciphering this puzzle for 35 years – honestly, no magic crystal ball accurately forecasts future prices. Too many elements drive costs, as you’ve read.
AI and machine learning are enhancing 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 4 properties. The chart also displays a yearly average price trendline. As you can see, an upward trajectory that in our opinion won’t change as of February 2024. Though the curve’s slope may shift ahead.

Comparing SE18 4 with nearby postcodes

To provide more context on SE18 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
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

Socioeconomic factors influencing property values in SE18 4

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.

Household income and job rates in SE18 4

Another price driver is the area’s average household income. Prices often rise where incomes are increasing. See below for SE18 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 SE18 4 property prices too.
The map below displays your sector’s job rate.

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.

Location factors affecting property prices in SE18 4

Closeness to public amenities

Now that we’ve reviewed how the price per square metre in SE18 4 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 4.

  • Transport
  • Hospitals
  • Schools
  • Restaurants & pubs

The above considerably influences price. We’ve compiled how your SE18 4 postcode sector is served per the above list in the table below.

Type of amenities Number in SE18 4
NHS Trusts (hospitals) 0
Practioners 5
Pharmacies 0
Schools 5
Shopping centres (within 5mi) 15
Public transports (train or tube stations) 0

Now that we’ve analysed how the price per square metre in SE18 4 has changed over time, let’s delve into factors influencing the value of properties you may buy or sell.

Future developments around

An area’s popularity can be gauged by its number of planned or in-progress developments. More housing means more residents, increasing demand. To see if this impacts SE18 4 properties you may buy or sell, we’ve gathered all upcoming developments from the London mayor’s website into the table below.

Property factors driving price rises in SE18 4

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

Clearly, floor area impacts the price you’ll sell or pay for. To better understand SE18 4, we’ve created charts below displaying property distributions by total floor space.
If you’re looking to invest or buy in SE18 4, this may provide insight into opportunities.

Total floor area distribution for SE18 4 houses

Total Floor area distribution for flats in SE18 4

Total Floor area distribution for other property types in SE18 4

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