Property values in SE27 9: 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.

Property values in SE27 9

For flats

In SE27 9 in 2021, 45 flats were sold. Compared to 2020, this is an increase of 45.16%%.

To better understand how the price per square metre is distributed and give you an idea of the size and types of flats sold in 2021, we have put together the chart below.

Looking at the price distribution is a great way to get a snapshot of how flats are distributed but it is now interesting to have a look at the median price. In 2021, the median price per square metre for a flat in SE27 9 was £6283.78£. This means that when we look at the data, 50% of the flats sold in SE27 9 were sold for less than that.

Have a look at the table below to get an idea of how the median price has changed between 2016 and 2021

Year Median Sqm Price inSE27 9 (in£) Growth Rate (in %)
2021 £6283.78 -%
2020 £6250 -22.8%
2018 £6034.48 -20%
2016 £5730.84 -15.8%

How to read this table, example with 2020: in 2020 the median price per square metre in SE27 9 for a flat was 6250.0. Compared to 2021, the latest data available, we can see that the median house price per square metre has evolved by -13.49% %.

For other types of property

In addition to houses and flats, SE27 9 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 9 in 2021, there were 50 houses sold. This represents a decrease of 0.00% in house sales versus the prior year.
The chart below will assist in understanding the distribution of these prices, providing insight into the types and sizes of houses sold in SE27 9 in 2021.

After analysing the price distribution, we can examine the median price. Put simply, the median price splits the group of houses sold in 2021 in SE27 9 into two equal groups. In other words, it shows that 50% of the houses sold in 2021 went for over £6664.25.
This number alone may not be very informative unless compared to previous years. Refer to the table below to see how the median price has changed: versus 2020, versus 2018 (3 years prior), and versus 2016 (5 years ago):

Year Median Sqm Price inSE27 9 (in£) Growth Rate (in %)
2021 £6664.25 -%
2020 £6539.62 -13.5%
2018 £6669.89 -15.2%
2016 £6279.68 -9.9%

Interpreting the table – example with 2018: In 2018, the median price per square metre for a SE27 9 house was £6669.89. Against the newest 2021 data, the median house price per square metre rose by -15.18%%. To start our property value guide, we want to summarise how prices are allocated in SE27 9 based on property type. To do this, we’ll inspect 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’s site. We then divide the price by the property’s area.
This gives us the exact price per square metre paid. We group these prices into brackets (£1000-£1500) showing a property sold for a price per square metre between £1000 and £1500.

Important note

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 SE27 9?

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

Location factors affecting property prices in SE27 9

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 SE27 9.

  • Transport
  • Hospitals
  • Schools
  • Restaurants & pubs

The above significantly influences price. We’ve gathered how your SE27 9 postcode sector is served per the above list in the table below.

Type of amenities Number in SE27 9
NHS Trusts (hospitals) 0
Practioners 23
Pharmacies 5
Schools 11
Shopping centres (within 5mi) 25
Public transports (train or tube stations) 1

Now that we’ve reviewed how the price per square metre in SE27 9 has shifted over time, let’s explore factors impacting the worth of properties you may buy or sell.

Future developments around

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

Forecasting SE27 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 SE27 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.

Comparing SE27 9 with nearby postcodes

To provide more context on SE27 9, we’ve done similar in-depth analysis 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
SE27 0 £6715.43 See our analysis on SE27 0 property prices
SE27 9 £6539.62 See our analysis on SE27 9 property prices

Property elements driving price increases in SE27 9

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

Naturally, floor area impacts the price you’ll sell or pay. To better grasp SE27 9, we’ve created charts below showing property distributions by total floor space.
If you’re looking to invest or buy in SE27 9, this may provide insight on opportunities.

Total floor area distribution for SE27 9 houses

Total Floor area distribution for flats in SE27 9

Total Floor area distribution for other property types in SE27 9

Socioeconomic factors influencing property values in SE27 9

Household income and job rates in SE27 9

Another determiner of price is the area’s average household income. Prices often increase where incomes are rising. See below for SE27 9’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 9 property prices.
The map below displays the job rate in your sector. Apart from location, the property market also responds to economic and demographic factors like interest rates, population growth, and average household income.

Interest rates

In the last 5 years, Britain’s economic conditions have dramatically changed. 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 ability. At the same time, with fewer prospective buyers, potential sellers may wait to list for fear of lower prices.

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

  • Trusted estate agent
  • More than 25 years of experience combined
  • We help you focus on your objective (investment, 1st time buy)

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