Decoding property prices in SE19 3

A woman cycling in a South London park

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.

Comparing SE19 3 with nearby postcodes

To provide more SE19 3 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 info 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

Predicting SE19 3 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 factors 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 SE19 3 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.

Property factors driving price rises in SE19 3

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 SE19 3 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 SE19 3

Total Floor area distribution for flats in SE19 3

Total Floor area distribution for other property types in SE19 3

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.”

Socioeconomic factors impacting property values in SE19 3

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 SE19 3

Another price driver is the area’s average household income. Prices often rise where incomes are increasing. See below for SE19 3’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 SE19 3 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.

Property prices in SE19 3

For other types of property

Beyond houses and flats, SE19 3 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.

A noteworthy notice

What we are presenting here is a factual analysis of the prices buyers paid. It is not here to give an explanation of what makes the price evolve. If you are interested in finding out more about the factors that impact the value of your property, you can have a look below.

Please also note that only an agent truly nested in your area will have the knowledge to assess the value of your property or the property you want to buy as they are at the forefront of the demand and the supply.

Looking to buy or sell your property in SE19 3?

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 SE19 3 in 2021, there were 78 houses sold. This represents an increase of 16.42% in house sales versus the previous year.
The chart below will assist in comprehending the distribution of these prices, providing insight into the types and sizes of houses sold in SE19 3 in 2021.

After analysing the price distribution, we can focus on the median price. Simply stated, the median price separates the group of houses sold in 2021 in SE19 3 into two equal groups. Put another way, it shows 50% of houses sold in 2021 went for over £5903.54. This number alone may not provide much value unless compared to prior years. Refer to the table below to observe how the median price has changed: versus 2020, versus 2018 (3 years before), and versus 2016 (5 years ago):

Year Median Sqm Price inSE19 3 (in£) Growth Rate (in %)
2021 £5903.54 -%
2020 £5567.9 1.6%
2018 £5388.2 5%
2016 £4991.15 13.4%

Deciphering the table – example with 2018: In 2018, the median price per square metre for a house in SE19 3 was £5388.2. Compared to 2021 data, the median house price per square metre rose by 5.00%%. To start our property value guide, we want to summarise how prices are allocated in SE19 3 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.

For flats

In 2021, 63 flats were sold in SE19 3 – an increase/decrease (choose one) of -17.11%% 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 SE19 3 flat was £6087.72 – 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 inSE19 3 (in£) Growth Rate (in %)
2021 £6087.72 -%
2020 £5932.98 -18.6%
2018 £5096.75 -5.3%
2016 £5883.7 -17.9%

Deciphering the table – example with 2020: In 2020, the median price per square metre for a SE19 3 flat was £5932.98. Versus 2021 figures, the median flat price per square metre changed by 1.61%%.

Location factors affecting property prices in SE19 3

Proximity 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 SE19 3 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 (SE19 3) is served according to the above list

Type of amenities Number in SE19 3
NHS Trusts (hospitals) 0
Practioners 28
Pharmacies 2
Schools 14
Shopping centres (within 5mi) 21
Public transports (train or tube stations) 0

Future developments nearby

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 SE19 3 properties you may buy or sell, we’ve compiled all planned projects from the London mayor’s website into the table below. Now that we’ve looked at how the price per square metre in SE19 3 has changed over time, let’s explore elements impacting the value of properties you may buy or sell.

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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