Decoding property prices in SE4 1

A view of South London terraced houses and their chimneys

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.

Forecasting SE4 1 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 SE4 1, 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

Location elements influencing property values in SE4 1

Now that we’ve reviewed how the price per square metre in SE4 1 has shifted over time, let’s explore factors impacting the worth of properties you may buy or sell.

Future developments nearby

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 SE4 1, we’ve compiled all upcoming developments from the London mayor’s website into the table below.

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 SE4 1.

  • Transport
  • Hospitals
  • Schools
  • Restaurants & pubs

The above makes a big impact on price. We’ve gathered how your SE4 1 postcode sector is served per the above list in the table below.

Type of amenities Number in SE4 1
NHS Trusts (hospitals) 0
Practioners 11
Pharmacies 2
Schools 10
Shopping centres (within 5mi) 23
Public transports (train or tube stations) 0

Comparing SE4 1 with nearby postcodes

To provide more context on SE4 1, 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
SE4 1 £6606.97 See our analysis on SE4 1 property prices
SE4 2 £6703.91 See our analysis on SE4 2 property prices

Property factors increasing prices in SE4 1

Property sizes

Obviously the floor area impacts the price you’ll sell or pay for. To better understand SE4 1, we’ve created charts below showing property distributions by total floor area.
If you’re looking to invest or buy in SE4 1, this may provide insight on opportunities.

Total floor area distribution for SE4 1 houses

Total Floor area distribution for flats in SE4 1

Total Floor area distribution for other property types in SE4 1

Property features & built form

When it comes to features we usually include the built form but also the number of rooms, bathrooms etc. The more features a property has, and the recency of these features will significantly impact the price.

Also, when we talk about built forms we usually have the following list in mind:

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 prices in SE4 1

For other types of property

In addition to houses and flats, SE4 1 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. To start our property value guide, we want to summarise how prices are allocated in SE4 1 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 flats

In SE4 1 in 2021, 95 flats were sold. Compared to 2020, this is an increase of 26.67%%.

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 SE4 1 was £7062.5£. This means that when we look at the data, 50% of the flats sold in SE4 1 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 inSE4 1 (in£) Growth Rate (in %)
2021 £7062.5 -%
2020 £6703.3 -28.%
2018 £6876.08 -29.8%
2016 £6770.03 -28.7%

How to read this table, example with 2020: in 2020 the median price per square metre in SE4 1 for a flat was 6703.3. Compared to 2021, the latest data available, we can see that the median house price per square metre has evolved by -14.37% %.

For houses

In SE4 1 in 2021, there were 102 houses sold. This represents an increase of 2.00% in house sales compared to the previous year.
The chart below will help understand the distribution of these prices, giving insight into the types and sizes of houses sold in 2021 in SE4 1.

After reviewing the price distribution, we can examine the median price. Simply put, the median price separates the group of houses sold in 2021 in SE4 1 into two equal groups. In other words, it indicates 50% of houses sold in 2021 went for over £6666.67. This number alone may not provide much value unless compared to previous years. See the table below to observe how the median price has changed: versus 2020, versus 2018 (3 years before), and versus 2016 (5 years prior):

Year Median Sqm Price inSE4 1 (in£) Growth Rate (in %)
2021 £6666.67 -%
2020 £6606.97 -14.4%
2018 £6407.77 -11.7%
2016 £6089.99 -7.1%

Understanding the table – example with 2018: In 2018, the median house price per square metre in SE4 1 was £6407.77. Compared to the latest 2021 data, the median house price per square metre increased by -11.71%%.

A note of importance

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 SE4 1?

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

Socioeconomic factors impacting property values in SE4 1

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.

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

Household income and job rates in SE4 1

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 SE4 1 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 SE4 1 too.
The map below displays the employment rate in your sector.

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

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

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