A guide to property prices in SE2 0

A view of South London terraced houses and their chimneys

With its increasing appeal among renters, first time buyers, and real estate investors, South London has witnessed significant development. At Jukes, our intention is to analyse how property prices have evolved over time and offer key guidance to assist you: sell or invest in a property at an ideal cost.
In this guide we’ll examine macroeconomic elements influencing property values, and closely inspect price changes based on the type of real estate you own or are looking to acquire.
Note: The data here covers 2010 – 2021. We’re updating this model and guide with the latest 2023 figures.

Property factors increasing prices in SE2 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

Obviously the floor area impacts the price you’ll sell or pay for. To better understand SE2 0, we’ve created charts below showing property distributions by total floor area.
If you’re looking to invest or buy in SE2 0, this may provide insight on opportunities.

Total floor area distribution for SE2 0 houses

Total Floor area distribution for flats in SE2 0

Total Floor area distribution for other property types in SE2 0

Examining property prices in SE2 0

For other types of property

SE2 0 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.

For flats

In 2021, 16 flats were sold in SE2 0 – an increase/decrease (choose one) of -11.11%% 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 SE2 0 flat was £3310.62 – 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 inSE2 0 (in£) Growth Rate (in %)
2021 £3310.62 -%
2020 £4160.68 16%
2018 £3852.46 25.3%
2016 £3880.6 24.4%

Deciphering the table – example with 2020: In 2020, the median price per square metre for a SE2 0 flat was £4160.68. Versus 2021 figures, the median flat price per square metre changed by 26.99%%.

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 SE2 0?

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To start our property value guide, we want to summarise how prices are allocated in SE2 0 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.

For houses

In SE2 0 in 2021, there were 104 houses sold. This represents an increase of 15.56% 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 SE2 0 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 SE2 0 into two equal groups. In other words, it shows that 50% of the houses sold in 2021 went for over £4633.36.
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 inSE2 0 (in£) Growth Rate (in %)
2021 £4633.36 -%
2020 £4455.21 27%
2018 £4349.55 30.1%
2016 £4337.35 30.4%

Interpreting the table – example with 2018: In 2018, the median price per square metre for a SE2 0 house was £4349.55. Against the newest 2021 data, the median house price per square metre rose by 30.07%%.

How SE2 0 compares with nearby postcode sectors

To provide more SE2 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 learnings for these areas:

Postcode sector Median Price per sqm (£, in 2020) See our analysis
SE2 0 £4455.21 See our analysis on SE2 0 property prices
SE2 9 £4013.16 See our analysis on SE2 9 property prices

Socioeconomic factors influencing the price of a property in SE2 0

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

Interest rates

Over the past 5 years the economic conditions in Great Britain have drastically changed. Between 2019 and 2024 the Bank of England raised its interest rate multiple times to face a growing inflation and cool down an economy that was recovering from post-covid measures.

Interest rates have a direct impact on the property market as it will impact the capacity for potential buyers to borrow money. At the same time, with less prospective buyers, potential sellers are less likely to sell amid the fear of selling for a lower price.

Household income and employment rates in SE2 0

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 SE2 0 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 SE2 0 too.
The map below displays the employment rate in your sector.

Predicting SE2 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 quickly shift, as it has before.
That’s why we show 14 years of sales data – prices, sizes, and sale dates for SE2 0 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 factors impacting property prices in SE2 0

Closeness to public amenities

One major feature of a property may not necessarily be the size of the garden or the number of rooms. Obviously these correspond to your needs as a buyer, and landlord or a seller. What will truly bring value to your property in SE2 0 will also be its proximity to amenities.

The following ones make a significant impact on the price.

  • Transport
  • Hospitals
  • Schools
  • Restaurants & pubs

We have gathered in the following table how your postcode sector (SE2 0) is served according to the above list

Type of amenities Number in SE2 0
NHS Trusts (hospitals) 0
Practioners 25
Pharmacies 2
Schools 7
Shopping centres (within 5mi) 10
Public transports (train or tube stations) 0

Now that we had a look at how the price per square metre in SE2 0 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.

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 residents, raising demand. To see if this impacts SE2 0 properties you may buy or sell, we’ve compiled all developments from the London mayor’s site into the table below.

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