Decoding property prices in SE5 8

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.

Predicting SE5 8 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 factors 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 SE5 8 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.

Socioeconomic factors impacting property prices in SE5 8

Household income and job rates in SE5 8

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 SE5 8 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 SE5 8 too.
The map below displays the employment 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.

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

Property factors increasing prices in SE5 8

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

Clearly, floor area impacts the price you’ll sell or pay. To better grasp SE5 8, we’ve created charts below displaying property distributions by total floor space.
If you’re looking to invest or buy in SE5 8, this may provide insight on opportunities.

Total floor area distribution for SE5 8 houses

Total Floor area distribution for flats in SE5 8

Total Floor area distribution for other property types in SE5 8

Location factors impacting property prices in SE5 8

Now that we had a look at how the price per square metre in SE5 8 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.

Proximity 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 SE5 8 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 (SE5 8) is served according to the above list

Type of amenities Number in SE5 8
NHS Trusts (hospitals) 0
Practioners 12
Pharmacies 6
Schools 11
Shopping centres (within 5mi) 23
Public transports (train or tube stations) 1

Future developments around the neighbourhood

An area’s popularity can be gauged by its number of planned or in-progress developments. More housing means more residents, increasing demand. To see if this impacts SE5 8 properties you may buy or sell, we’ve gathered all upcoming developments from the London mayor’s website into the table below.

Comparing SE5 8 with nearby postcodes

To provide more SE5 8 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 info for these areas:

Postcode sector Median Price per sqm (£, in 2020) See our analysis
SE5 0 £7195.21 See our analysis on SE5 0 property prices
SE5 7 £7234.04 See our analysis on SE5 7 property prices
SE5 8 £7654.63 See our analysis on SE5 8 property prices
SE5 9 £6661.56 See our analysis on SE5 9 property prices

Examining property prices in SE5 8

For other types of property

SE5 8 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, 114 flats sold in SE5 8 – a/an increase/decrease (choose one) of 34.12%% 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 SE5 8 flat was £7299.45. 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 inSE5 8 (in£) Growth Rate (in %)
2021 £7299.45 -%
2020 £6949.15 -30.5%
2018 £7142.86 -32.4%
2016 £6914.89 -30.2%

Understanding the table – example with 2020: In 2020, the median flat price per square metre in SE5 8 was £6949.15. Compared to the newest 2021 figures, the median flat price per square metre evolved by -26.09%%.

For houses

In SE5 8 in 2021, there were 39 houses sold. This represents an increase of 8.33% in house sales versus the previous year.
The chart below will assist in comprehending the distribution of these prices, providing insight into the types and sizes of houses sold in SE5 8 in 2021.

After analysing the price distribution, we can focus on the median price. Simply stated, the median price separates the group of houses sold in 2021 in SE5 8 into two equal groups. Put another way, it shows 50% of houses sold in 2021 went for over £7843.14. This number alone may not provide much value unless compared to prior years. Refer to the table below to observe how the median price has changed: versus 2020, versus 2018 (3 years before), and versus 2016 (5 years ago):

Year Median Sqm Price inSE5 8 (in£) Growth Rate (in %)
2021 £7843.14 -%
2020 £7654.63 -26.1%
2018 £7264.44 -22.1%
2016 £7487.81 -24.4%

Deciphering the table – example with 2018: In 2018, the median price per square metre for a house in SE5 8 was £7264.44. Compared to 2021 data, the median house price per square metre rose by -22.12%%.

A quick note

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 SE5 8?

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

To initiate our property price guide, we want to summarise how costs are distributed in SE5 8 by property type. To accomplish this, we’ll examine the price per square metre to evaluate the breakdown. We determine the price per square metre by accessing the price paid data from the Government’s website. We then divide the price by the property’s size.
This provides the exact price per square metre paid. We categorise these prices into ranges (£1000-£1500) indicating a property was sold for a price per square metre falling between £1000 and £1500.

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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