Navigating property values in SE21 7

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.

Predicting SE21 7 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 SE21 7 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.

Location elements influencing property values in SE21 7

Closeness to public amenities

While garden size and number of rooms meet buyers’ and sellers’ needs, proximity to conveniences also boosts a property’s worth in SE21 7.

  • Transport
  • Hospitals
  • Schools
  • Restaurants & pubs

The above significantly influences price. We’ve gathered how your SE21 7 postcode sector is served per the above list in the table below.

Type of amenities Number in SE21 7
NHS Trusts (hospitals) 0
Practioners 0
Pharmacies 1
Schools 6
Shopping centres (within 5mi) 24
Public transports (train or tube stations) 1

Now that we’ve looked at how the price per square metre in SE21 7 has changed over time, let’s explore elements impacting the value of properties you may buy or sell.

Future developments around the neighbourhood

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 SE21 7 properties you may buy or sell, we’ve compiled all planned projects from the London mayor’s website into the table below.

Examining property prices in SE21 7

For flats

In 2021, 2 flats sold in SE21 7 – a/an increase/decrease (choose one) of 100.00%% versus 2020. To better comprehend the price per square metre distribution and sizes/types of flats sold in 2021, we’ve created the chart below.

The price distribution provides a useful snapshot, but the median price also offers insight. In 2021 the median price per square metre for a SE21 7 flat was £8838.35 – so 50% of flats sold for less.
Check the table below to observe how the median price evolved between 2016 and 2021.

Year Median Sqm Price inSE21 7 (in£) Growth Rate (in %)
2021 £8838.35 -%
2020 £6516.85 -25.9%
2018 £7779.22 -37.9%
2016 £7896.66 -38.9%

Understanding the table – example with 2020: In 2020, the median flat price per square metre in SE21 7 was £6516.85. Versus the most recent 2021 figures, the median flat price per square metre evolved by -40.88%%.

Important note

What we’ve outlined here is an objective analysis of actual prices paid – not an explanation of what impacts prices. If you want to learn about the many factors affecting your property’s value, review the information below.
And remember, only an agent deeply embedded in your local area has the knowledge to truly assess your property’s value, or that dream home you hope to buy. They’re on the front lines of supply and demand there.

Looking to buy or sell your property in SE21 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 other types of property

Beyond houses and flats, SE21 7 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.

For houses

In SE21 7 in 2021, we saw 15 houses sold. This represents an increase of 7.14% in the sales of houses compared to the previous year.

The chart below will help you understand the distribution of these prices and thus can give you an idea of the type and size of houses that were sold in 2021 in SE21 7.

After looking at the price distribution, we can now lean on and have a look at the median price. The median price, simply put, divides the group of houses sold in 2021 in SE21 7 into two equal groups. Said differently, it tells you that 50% of the houses sold in 2021 were sold for more than £9503.11.

This number alone might not bring valuable information unless you compare it to the previous years. Have a look at the table below to see how the median price has evolved: versus the previous year (2020), versus 3 years before (2018) and versus 5 years ago (2016):

Year Median Sqm Price inSE21 7 (in£) Growth Rate (in %)
2021 £9503.11 -%
2020 £9569.38 -40.9%
2018 £9302.33 -39.2%
2016 £8336.95 -32.1%

How to read this table, example with 2018: in 2018 the median price per square metre in SE21 7 for a house was 9302.33. Compared to 2021, the latest data available, we can see that the median house price per square metre has evolved by -39.18% %.

To begin our property price guide, we want to provide an overview of how costs are distributed in SE21 7 based on property type. To do this, we’ll examine 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 site. We then divide the price by the property’s floor area.
This gives us the exact price per square metre paid. We categorise these prices into ranges (£1000-£1500) showing a property was sold at a price per square metre between £1000 and £1500.

Property elements driving price increases in SE21 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.”

Property sizes

Clearly, floor area impacts the price you’ll sell or pay for. To better understand SE21 7, we’ve created charts below displaying property distributions by total floor space.
If you’re looking to invest or buy in SE21 7, this may provide insight into opportunities.

Total floor area distribution for SE21 7 houses

Total Floor area distribution for flats in SE21 7

Total Floor area distribution for other property types in SE21 7

Comparing SE21 7 with nearby postcodes

To help you get a better understanding of the SE21 7 area, we’ve also put together a similar deep dive analysis on the nearby postcode sectors.

Have a quick look at the following table and don’t hesitate to navigate around. You might find interesting opportunities and learnings on these areas:

Postcode sector Median Price per sqm (£, in 2020) See our analysis
SE21 7 £9569.38 See our analysis on SE21 7 property prices
SE21 8 £6770.24 See our analysis on SE21 8 property prices

Socioeconomic factors impacting property prices in SE21 7

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.

Apart from location, the property market also responds to economic and demographic factors like interest rates, population growth, and average household income.

Household income and employment rates in SE21 7

Another determiner of price is the area’s average household income. Prices often increase where incomes are rising. See below for SE21 7’s household income level, as it may positively impact selling your property. We can’t exclude the job rate from this socioeconomic analysis. It directly relates to household income. The data also shows a clear correlation between the employment rate and SE21 7 property prices.
The map below displays the job rate in your sector.

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

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  • We help you focus on your objective (investment, 1st time buy)

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