A guide to property prices in SE5 9

The arty side of South London

South London is an up and coming area for renters, first time buyers and property investors. At Jukes we want to take a step back to analyse how property prices have evolved over time and give some key elements to help you: sell or buy your property at the right price.
In this guide we will look at macro economic factors influencing the price of a property but also take a deeper look at the evolution of prices depending on the type of property you own or you are looking to buy.
Note: the data shown in this article covers the period 2010 – 2021. We are working to improve this model and article with the latest data for 2023.

Location factors affecting property prices in SE5 9

Proximity 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 SE5 9.

  • Transport
  • Hospitals
  • Schools
  • Restaurants & pubs

The above makes a big impact on price. We’ve gathered how your SE5 9 postcode sector is served per the above list in the table below.

Type of amenities Number in SE5 9
NHS Trusts (hospitals) 1
Practioners 13
Pharmacies 2
Schools 3
Shopping centres (within 5mi) 23
Public transports (train or tube stations) 0

Check for future developments

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 SE5 9 properties you may buy or sell, we’ve compiled all developments from the London mayor’s site into the table below. Now that we’ve analysed how the price per square metre in SE5 9 has changed over time, let’s dig deeper into factors impacting the value of properties you may buy or sell.

Property elements driving price increases in SE5 9

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 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

Obviously the floor area impacts the price you’ll sell or pay for. To better understand SE5 9, we’ve created charts below showing property distributions by total floor area.
If you’re looking to invest or buy in SE5 9, this may provide insight on opportunities.

Total floor area distribution for SE5 9 houses

Total Floor area distribution for flats in SE5 9

Total Floor area distribution for other property types in SE5 9

Property values in SE5 9

For flats

In 2021, 61 flats were sold in SE5 9 – an increase/decrease (choose one) of 48.78%% 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 SE5 9 flat was £6995.88 – 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 inSE5 9 (in£) Growth Rate (in %)
2021 £6995.88 -%
2020 £6123.6 -21.2%
2018 £6818.18 -29.2%
2016 £6822.58 -29.2%

Deciphering the table – example with 2020: In 2020, the median price per square metre for a SE5 9 flat was £6123.6. Versus 2021 figures, the median flat price per square metre changed by -15.07%%.

For other types of property

In addition to houses and flats, SE5 9 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 begin our property price guide, we want to provide an overview of how costs are distributed in SE5 9 based on property type. To do this, we’ll examine 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 site. We then divide the price by the property’s floor area.
This gives us the exact price per square metre paid. We categorise these prices into ranges (£1000-£1500) showing a property was sold at a price per square metre between £1000 and £1500.

To keep in mind

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 SE5 9?

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

For houses

In SE5 9 in 2021, there were 18 houses sold. This represents a decrease of -35.71% 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 9 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 9 into two equal groups. Put another way, it shows 50% of houses sold in 2021 went for over £7709.4. 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 9 (in£) Growth Rate (in %)
2021 £7709.4 -%
2020 £6661.56 -15.1%
2018 £6586.47 -14.1%
2016 £6854.17 -17.5%

Deciphering the table – example with 2018: In 2018, the median price per square metre for a house in SE5 9 was £6586.47. Compared to 2021 data, the median house price per square metre rose by -14.10%%.

Forecasting SE5 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 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 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 SE5 9 with nearby postcodes

To provide more context on SE5 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
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

Socioeconomic factors influencing property values in SE5 9

After talking about location based factors, we can now focus on factors apparently not related directly to the property itself. Indeed, it’s well known that the property market reacts to economic & demographic signals such as the interest rates, the population growth but also the average household income of the area.

Household income & employment rates in SE5 9

Another determiner of price is the area’s average household income. Prices often increase where incomes are rising. See below for SE5 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 SE5 9 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 capacity. At the same time, with fewer prospective buyers, potential sellers may hesitate 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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