Property values in SE19 2: What you need to know

View from an alley way in South London showing terraced houses

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.

Location factors affecting property prices in SE19 2

Closeness to public amenities

While the size of the garden or number of rooms align with buyers’ and sellers’ needs, proximity to conveniences also boosts a property’s value in SE19 2.

  • Transport
  • Hospitals
  • Schools
  • Restaurants & pubs

The above make a significant impact on price. We’ve summarised how your SE19 2 postcode sector is served per the above list in the table below.

Type of amenities Number in SE19 2
NHS Trusts (hospitals) 0
Practioners 24
Pharmacies 1
Schools 4
Shopping centres (within 5mi) 21
Public transports (train or tube stations) 1

Future developments in SE19 2

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 SE19 2 properties you may buy or sell, we’ve gathered all upcoming developments from the London mayor’s website into the table below.

Now that we had a look at how the price per square metre in SE19 2 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.

Comparing SE19 2 with nearby postcodes

To provide more SE19 2 insight, we’ve done similar deep dives on nearby postcode sectors too.
Check the table below and feel free to navigate around. You may find interesting opportunities and learnings for these areas:

Postcode sector Median Price per sqm (£, in 2020) See our analysis
SE19 1 £6690.14 See our analysis on SE19 1 property prices
SE19 2 £6184.9 See our analysis on SE19 2 property prices
SE19 3 £5567.9 See our analysis on SE19 3 property prices

Socioeconomic factors influencing property values in SE19 2

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.

Household income and job rates in SE19 2

Another price determiner is the area’s average household income. Prices tend to rise in areas where household incomes are increasing. See below where household income in the SE19 2 stands, as it may positively impact selling your property. We can’t omit the employment rate from this socioeconomic analysis either. It directly relates to the household income we just covered. The data shows a clear link between the employment rate and property prices in SE19 2 too.
The map below displays the employment rate in your sector. Apart from location, the property market also reacts to economic and demographic factors like interest rates, population growth, and average household income.

Predicting SE19 2 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 SE19 2 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.

Analysing property values in SE19 2

For houses

In SE19 2 in 2021, there were 49 houses sold. This represents an increase of 81.48% 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 SE19 2 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 SE19 2 into two equal groups. In other words, it shows that 50% of the houses sold in 2021 went for over £6726.19.
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 inSE19 2 (in£) Growth Rate (in %)
2021 £6726.19 -%
2020 £6184.9 -8.5%
2018 £6081.08 -7%
2016 £5476.19 3.3%

Interpreting the table – example with 2018: In 2018, the median price per square metre for a SE19 2 house was £6081.08. Against the newest 2021 data, the median house price per square metre rose by -6.97%%.

First to start our property price guide we want to give an overview of how prices are distributed in SE19 2 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 other types of property

Beyond houses and flats, SE19 2 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, 85 flats were sold in SE19 2 – an increase/decrease (choose one) of 1.19%% 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 SE19 2 flat was £6363.64 – 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 inSE19 2 (in£) Growth Rate (in %)
2021 £6363.64 -%
2020 £6018.52 -19.8%
2018 £6217.95 -22.4%
2016 £5833.33 -17.2%

Interpreting the table – example with 2020: In 2020, the median price per square metre for a SE19 2 flat was £6018.52. Compared to the latest 2021 figures, the median flat price per square metre changed by -8.53%%.

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 SE19 2?

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

Property factors increasing prices in SE19 2

Property sizes

Obviously the floor area impacts the price you’ll sell or pay for. To better understand SE19 2, we’ve created charts below showing property distributions by total floor area.
If you’re looking to invest or buy in SE19 2, this may provide insight on opportunities.

Total floor area distribution for SE19 2 houses

Total Floor area distribution for flats in SE19 2

Total Floor area distribution for other property types in SE19 2

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.”

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