Property prices in SE27 0: A closer look

Learn all about South London with our property guides

As a popular destination for renters, first time purchasers, and real estate investors, South London has seen appreciable growth. At Jukes, we aim to delve into how property values have changed over the years and provide essential tips to help you: sell or buy a home at an optimal value.
In this guide we’ll study macroeconomic factors impacting property prices, and carefully inspect price variations based on the type of property you own or plan to obtain.
Note: The data in this piece includes 2010 – 2021. We’re enhancing this model and article with the most current 2023 information.

Predicting SE27 0 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 shift quickly, as it has in the past.
That’s why we show 14 years of sales data – prices, floor areas, and sale dates for SE27 0 properties. The chart also displays an average price trendline yearly. As you can see, an upward trajectory that in our view won’t change as of February 2024. But the curve’s slope may shift going forward.

Socioeconomic factors influencing the price of a property in SE27 0

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 SE27 0

Another determiner of price is the area’s average household income. Prices often increase where incomes are rising. See below for SE27 0’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 SE27 0 property prices.
The map below displays the job 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 ability. At the same time, with fewer prospective buyers, potential sellers may wait to list for fear of lower prices.

Location based factors in SE27 0 impacting the price of your property

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 SE27 0 properties you may buy or sell, we’ve compiled all planned projects from the London mayor’s website into the table below. Now that we’ve analysed how the price per square metre in SE27 0 has changed over time, let’s delve into factors influencing the value of properties you may buy or sell.

Proximity 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 SE27 0.

  • Transport
  • Hospitals
  • Schools
  • Restaurants & pubs

The above significantly influences price. We’ve gathered how your SE27 0 postcode sector is served per the above list in the table below.

Type of amenities Number in SE27 0
NHS Trusts (hospitals) 0
Practioners 13
Pharmacies 1
Schools 4
Shopping centres (within 5mi) 25
Public transports (train or tube stations) 1

Property related factors driving the prices up in SE27 0

Property sizes

Obviously the floor area impacts the price you’ll sell or pay for. To better understand SE27 0, we’ve created charts below showing property distributions by total floor area.
If you’re looking to invest or buy in SE27 0, this may provide insight on opportunities.

Total floor area distribution for SE27 0 houses

Total Floor area distribution for flats in SE27 0

Total Floor area distribution for other property types in SE27 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.”

How SE27 0 compares to nearby postcodes

To help you get a better understanding of the SE27 0 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
SE27 0 £6715.43 See our analysis on SE27 0 property prices
SE27 9 £6539.62 See our analysis on SE27 9 property prices

Examining property prices in SE27 0

For flats

In 2021, 38 flats sold in SE27 0 – a/an increase/decrease (choose one) of -7.32%% versus 2020. To better grasp 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 helpful snapshot, but the median price also offers insight. In 2021 the median price per square metre for a SE27 0 flat was £6365.01. This means 50% of flats sold for less than this.
See the table below to observe how the median price changed from 2016 to 2021.

Year Median Sqm Price inSE27 0 (in£) Growth Rate (in %)
2021 £6365.01 -%
2020 £6296.3 -23.3%
2018 £6335.98 -23.8%
2016 £6226.4 -22.5%

Understanding the table – example with 2020: In 2020, the median flat price per square metre in SE27 0 was £6296.3. Compared to the newest 2021 figures, the median flat price per square metre evolved by -15.75%%.

A note of importance

What we’ve outlined here is an objective analysis of real prices paid – not an explanation of what impacts prices. If you want to learn about the many factors affecting your property’s value, see the information below.
And remember, only an agent deeply embedded in your local area has the knowledge to accurately assess your property’s worth, 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 SE27 0?

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

To kick off our property value guide, we aim to give a summary of how prices are spread in SE27 0 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.

For other types of property

In addition to houses and flats, SE27 0 has seen other property types change hands over the years, though these represent a small share 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 get in touch for more details and perspective. We’re happy to provide a tailored, accurate valuation.

For houses

In SE27 0 in 2021, we saw 85 houses sold. This represents an increase of 77.08% 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 SE27 0.

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 SE27 0 into two equal groups. Said differently, it tells you that 50% of the houses sold in 2021 were sold for more than £6913.04.

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 inSE27 0 (in£) Growth Rate (in %)
2021 £6913.04 -%
2020 £6715.43 -15.8%
2018 £6318.74 -10.5%
2016 £5701.18 -0.8%

How to read this table, example with 2018: in 2018 the median price per square metre in SE27 0 for a house was 6318.74. Compared to 2021, the latest data available, we can see that the median house price per square metre has evolved by -10.46% %.

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

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