Property prices in SE26 4: A closer look

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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 factors driving price rises in SE26 4

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 SE26 4 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 SE26 4

Total Floor area distribution for flats in SE26 4

Total Floor area distribution for other property types in SE26 4

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.”

Location factors impacting property prices in SE26 4

Future developments around

The attractivity of an area can be measured partially via the number of ongoing or upcoming developments. Indeed with further housing developments an area is able to welcome more people to live around increasing the demand for the given area. To check if this has an impact on the property you are looking to buy or sell in SE26 4 we’ve checked all the upcoming developments on the London’s mayor website and gathered everything in the following table.

Now that we’ve looked at how the price per square metre in SE26 4 has changed over time, let’s explore elements impacting the value of properties you may buy or sell.

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 SE26 4.

  • Transport
  • Hospitals
  • Schools
  • Restaurants & pubs

The above makes a big impact on price. We’ve gathered how your SE26 4 postcode sector is served per the above list in the table below.

Type of amenities Number in SE26 4
NHS Trusts (hospitals) 0
Practioners 23
Pharmacies 3
Schools 6
Shopping centres (within 5mi) 20
Public transports (train or tube stations) 0

How SE26 4 compares to nearby postcodes

To help you get a better understanding of the SE26 4 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
SE26 4 £6043.65 See our analysis on SE26 4 property prices
SE26 5 £5701.75 See our analysis on SE26 5 property prices
SE26 6 £6012.66 See our analysis on SE26 6 property prices

Socioeconomic factors impacting property prices in SE26 4

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.

Household income and job rates in SE26 4

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 SE26 4 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 SE26 4 too.
The map below displays the employment rate in your sector.

Property values in SE26 4

To kick off our property value guide, we aim to give a summary of how prices are spread in SE26 4 by property type. To accomplish this, we’ll analyse the price per square metre to evaluate the distribution. We determine the price per square metre by accessing the price paid data from the Government’s site. We then divide the price by the property’s square footage.
This provides the precise price per square metre paid. We group these prices into ranges (£1000-£1500) indicating a property sold for a price per square metre within £1000 to £1500.

Important note

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 SE26 4?

Our team at Jukes gives you a valuation in less than 24h or help you find the properties you have been dreaming of

For flats

In 2021, 54 flats sold in SE26 4 – a/an increase/decrease (choose one) of 38.46%% 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 SE26 4 flat was £5812.5 – 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 inSE26 4 (in£) Growth Rate (in %)
2021 £5812.5 -%
2020 £5622.22 -14.1%
2018 £5114.76 -5.6%
2016 £5960.82 -19%

Understanding the table – example with 2020: In 2020, the median flat price per square metre in SE26 4 was £5622.22. Versus the most recent 2021 figures, the median flat price per square metre evolved by -6.39%%.

For other types of property

In addition to houses and flats, SE26 4 has seen some other property types change hands over the years, though these represent a small portion 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 in this group, please contact us for more details and insight. We’re happy to provide an accurate, tailored valuation.

For houses

In SE26 4 in 2021, we saw 58 houses sold. This represents an increase of 45.00% 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 SE26 4.

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 SE26 4 into two equal groups. Said differently, it tells you that 50% of the houses sold in 2021 were sold for more than £6082.22.

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 inSE26 4 (in£) Growth Rate (in %)
2021 £6082.22 -%
2020 £6043.65 -6.4%
2018 £5942.03 -4.8%
2016 £5591.96 1.2%

How to read this table, example with 2018: in 2018 the median price per square metre in SE26 4 for a house was 5942.03. Compared to 2021, the latest data available, we can see that the median house price per square metre has evolved by -4.79% %.

Forecasting SE26 4 property prices in 2024-2025

At Jukes we have been trying to solve this equation for the past 35 years and let’s be honest, no one has a magic crystal ball and can predict the future prices. The variables included in the prices as you have just read it are simply too many.

With the rise of machine learning and AI the models to predict trends are getting better but they cannot account for external factors yet and the property market can shit pretty quickly as it did in the past.

It is for this reason that we decided not to show any prediction but rather adopted the position of showing the trend over the past 14 years. The chart below shows you all the property sales that happened in SE26 4, their price, the floor area of the property and the date of sale. Additionally, this chart presents you with a trend line showing the average property price for the given year. As you can see there is an upward trend and in our opinion there is no reason that this trend should change as of February 2024. Nonetheless it’s the slope of the curve that may change in the future

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

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