Navigating property values in SE20 7

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.

Property factors driving price rises in SE20 7

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 SE20 7 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 SE20 7

Total Floor area distribution for flats in SE20 7

Total Floor area distribution for other property types in SE20 7

Property features & built form

Features like built form, number of rooms, bathrooms etc. significantly impact price – the more features, the higher the price. Recent features also boost value.
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.”

Location elements influencing property values in SE20 7

Now that we’ve analysed how the price per square metre in SE20 7 has changed over time, let’s delve into factors influencing the value of properties you may buy or sell.

Proximity to public amenities

Whilst the size of the garden and number of rooms meet buyers’ and sellers’ needs, proximity to conveniences also boosts a property’s value in SE20 7.

  • Transport
  • Hospitals
  • Schools
  • Restaurants & pubs

The above makes a big impact on price. We’ve gathered how your SE20 7 postcode sector is served per the above list in the table below.

Type of amenities Number in SE20 7
NHS Trusts (hospitals) 0
Practioners 16
Pharmacies 5
Schools 4
Shopping centres (within 5mi) 18
Public transports (train or tube stations) 1

Future developments around the neighbourhood

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 SE20 7 properties you may buy or sell, we’ve gathered all upcoming developments from the London mayor’s website into the table below.

Socioeconomic factors influencing property values in SE20 7

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.

Household income and job rates in SE20 7

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 SE20 7 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 SE20 7 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.

Comparing SE20 7 with nearby postcodes

To provide more SE20 7 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
SE20 5 £3772.91 See our analysis on SE20 5 property prices
SE20 7 £5646.67 See our analysis on SE20 7 property prices
SE20 8 £5288 See our analysis on SE20 8 property prices

Property values in SE20 7

For other types of property

Beyond houses and flats, SE20 7 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 note of importance

What we’ve outlined here is an objective analysis of actual prices paid – not an explanation of what drives prices up or down. If you’re curious to learn about the many factors impacting your property’s value, review the information below.
And remember, only an agent deeply embedded in your local area possesses the knowledge to truly assess your property’s worth, or that dream home you hope to buy. They’re at the forefront of supply and demand there.

Looking to buy or sell your property in SE20 7?

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 SE20 7 in 2021, we saw 108 houses sold. This represents an an increase of 50.00% 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 SE20 7.

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 SE20 7 into two equal groups. In other words, it indicates that 50% of the houses sold in 2021 went for more than £6008.97.
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 inSE20 7 (in£) Growth Rate (in %)
2021 £6008.97 -%
2020 £5646.67 0.2%
2018 £5112.5 10.7%
2016 £5255.47 7.7%

Understanding the table – example with 2018: In 2018, the median house price per square metre in SE20 7 was £5112.5. Versus the most recent 2021 data, the median house price per square metre increased by 10.66%%.

First to start our property price guide we want to give an overview of how prices are distributed in SE20 7 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, 75 flats were sold in SE20 7 – an increase/decrease (choose one) of 33.93%% 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 SE20 7 flat was £5121.95 – 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 inSE20 7 (in£) Growth Rate (in %)
2021 £5121.95 -%
2020 £5229.02 -7.7%
2018 £5525 -12.6%
2016 £5219.99 -7.5%

Deciphering the table – example with 2020: In 2020, the median price per square metre for a SE20 7 flat was £5229.02. Versus 2021 figures, the median flat price per square metre changed by 0.19%%.

Predicting SE20 7 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 quickly shift, as it has before.
That’s why we show 14 years of sales data – prices, sizes, and sale dates for SE20 7 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.

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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