Navigating property values in SE22 9

The busy South London stations

South London is an up and coming area for renters, first time buyers and property investors. At Jukes we want to take a step back to analyse how property prices have evolved over time and give some key elements to help you: sell or buy your property at the right price.
In this guide we will look at macro economic factors influencing the price of a property but also take a deeper look at the evolution of prices depending on the type of property you own or you are looking to buy.
Note: the data shown in this article covers the period 2010 – 2021. We are working to improve this model and article with the latest data for 2023.

Property values in SE22 9

For flats

In 2021, 31 flats were sold in SE22 9 – an increase/decrease (choose one) of -32.61%% 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 SE22 9 flat was £8028.17 – 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 inSE22 9 (in£) Growth Rate (in %)
2021 £8028.17 -%
2020 £8140.3 -40.7%
2018 £7594.62 -36.4%
2016 £7701.46 -37.3%

Deciphering the table – example with 2020: In 2020, the median price per square metre for a SE22 9 flat was £8140.3. Versus 2021 figures, the median flat price per square metre changed by -35.80%%.

For houses

In SE22 9 in 2021, we saw 78 houses sold. This represents an increase of 13.04% 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 SE22 9.

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 SE22 9 into two equal groups. Said differently, it tells you that 50% of the houses sold in 2021 were sold for more than £8841.23.

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 inSE22 9 (in£) Growth Rate (in %)
2021 £8841.23 -%
2020 £8812.95 -35.8%
2018 £8143.5 -30.5%
2016 £8237.7 -31.3%

How to read this table, example with 2018: in 2018 the median price per square metre in SE22 9 for a house was 8143.5. Compared to 2021, the latest data available, we can see that the median house price per square metre has evolved by -30.53% %.

To keep in mind

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 SE22 9?

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

SE22 9 has seen other types of properties being sold over the years but these do not represent a large proportion of the properties sold in 2021. We’ve gathered these properties in the chart above to show you how the price per square metre is distributed for these properties.

If the property you are looking to buy or sell falls into this category, feel free to reach out to us for more details and information. We will be able to provide you with an accurate valuation.

First to start our property price guide we want to give an overview of how prices are distributed in SE22 9 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.

Socioeconomic factors impacting property values in SE22 9

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

Household income and employment rates in SE22 9

Another factor impacting price is the area’s average household income. Prices tend to increase where incomes are rising. See below for SE22 9’s household income level, as it may positively influence selling your property. We can’t exclude the employment rate from this socioeconomic analysis. It directly relates to household income. The data shows a clear correlation between the job rate and SE22 9 property prices too.
The map below displays your sector’s employment rate.

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.

Forecasting SE22 9 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 SE22 9 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.

Location based factors in SE22 9 impacting the price of your property

Now that we had a look at how the price per square metre in SE22 9 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.

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 SE22 9.

  • Transport
  • Hospitals
  • Schools
  • Restaurants & pubs

The above significantly influences price. We’ve gathered how your SE22 9 postcode sector is served per the above list in the table below.

Type of amenities Number in SE22 9
NHS Trusts (hospitals) 0
Practioners 31
Pharmacies 2
Schools 1
Shopping centres (within 5mi) 24
Public transports (train or tube stations) 0

Future developments around the neighbourhood

An area’s popularity can be gauged by the number of ongoing or planned developments. More housing in an area means more people are able to live there, increasing demand. To check if this impacts properties you may buy or sell in SE22 9, we’ve compiled all upcoming developments from the London mayor’s website into the table below.

Comparing SE22 9 with nearby postcodes

To provide more SE22 9 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
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

Property related factors driving the prices up in SE22 9

Property sizes

Clearly, floor area impacts the price you’ll sell or pay. To better grasp SE22 9, we’ve created charts below displaying property distributions by total floor space.
If you’re looking to invest or buy in SE22 9, this may provide insight on opportunities.

Total floor area distribution for SE22 9 houses

Total Floor area distribution for flats in SE22 9

Total Floor area distribution for other property types in SE22 9

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.”

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