Property values in SE22 0: What you need to know

The busy South London stations

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.

Deciphering property prices in SE22 0

For other types of property

Beyond houses and flats, SE22 0 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 houses

In SE22 0 in 2021, there were 82 houses sold. This represents an increase of 22.39% 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 SE22 0 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 SE22 0 into two equal groups. Put another way, it shows 50% of houses sold in 2021 went for over £7891.87. 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 inSE22 0 (in£) Growth Rate (in %)
2021 £7891.87 -%
2020 £7468.35 -24.2%
2018 £7042.25 -19.7%
2016 £7170.96 -21.1%

Deciphering the table – example with 2018: In 2018, the median price per square metre for a house in SE22 0 was £7042.25. Compared to 2021 data, the median house price per square metre rose by -19.66%%.

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 SE22 0?

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First to start our property price guide we want to give an overview of how prices are distributed in SE22 0 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, 67 flats were sold in SE22 0 – an increase/decrease (choose one) of 34.00%% 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 SE22 0 flat was £7166.67 – 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 inSE22 0 (in£) Growth Rate (in %)
2021 £7166.67 -%
2020 £7438.78 -35.1%
2018 £6846.32 -29.5%
2016 £6916.67 -30.2%

Interpreting the table – example with 2020: In 2020, the median price per square metre for a SE22 0 flat was £7438.78. Compared to the latest 2021 figures, the median flat price per square metre changed by -24.25%%.

Predicting SE22 0 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 SE22 0 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.

How SE22 0 compares to nearby postcodes

To provide more SE22 0 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
SE22 0 £7468.35 See our analysis on SE22 0 property prices
SE22 8 £8539.2 See our analysis on SE22 8 property prices
SE22 9 £8812.95 See our analysis on SE22 9 property prices

Location based factors in SE22 0 impacting the price of your property

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 SE22 0 properties you may buy or sell, we’ve gathered all upcoming developments from the London mayor’s website into the table below.

Closeness 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 SE22 0.

  • Transport
  • Hospitals
  • Schools
  • Restaurants & pubs

The above makes a big impact on price. We’ve gathered how your SE22 0 postcode sector is served per the above list in the table below.

Type of amenities Number in SE22 0
NHS Trusts (hospitals) 0
Practioners 29
Pharmacies 2
Schools 7
Shopping centres (within 5mi) 24
Public transports (train or tube stations) 0

Now that we’ve looked at how the price per square metre in SE22 0 has changed over time, let’s explore elements impacting the value of properties you may buy or sell.

Socioeconomic factors impacting property prices in SE22 0

Household income and employment rates in SE22 0

Another factor determining the price of a property will be the average household income in the area. There is a positive correlation between the price growth in an area where the average household income increases.

Check out below where the household income in SE22 0 is as it may have a positive impact on the sale of your property.

As part of this socioeconomic analysis, we cannot forget to mention the employment rate. This is because it is also directly related to the household income we just mentioned. When looking at the data and trying to understand the correlation between the different factors and the price of a property in SE22 0, we see a clear correlation with the employment rate as well.

The map below shows you the employment rate in your sector.

Interest rates

In the last 5 years, Britain’s economic conditions have dramatically shifted. Between 2019 and 2024, the Bank of England increased interest rates multiple times to address growing inflation and cool an economy recovering from post-covid measures.
Higher interest rates directly affect the property market by impacting buyers’ borrowing capacity. At the same time, with fewer prospective buyers, potential sellers may hesitate to list for fear of lower prices.

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.

Property factors increasing prices in SE22 0

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 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.”

Property sizes

Clearly, floor area impacts the price you’ll sell or pay. To better grasp SE22 0, we’ve created charts below displaying property distributions by total floor space.
If you’re looking to invest or buy in SE22 0, this may provide insight on opportunities.

Total floor area distribution for SE22 0 houses

Total Floor area distribution for flats in SE22 0

Total Floor area distribution for other property types in SE22 0

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

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  • More than 25 years of experience combined
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