Property values in SE6 1: What you need to know

The arty side of South London

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 elements driving price increases in SE6 1

Property features & built form

Features like built form, number of rooms, bathrooms etc. greatly affect price – more features mean higher prices. Recent features also increase value.
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 SE6 1, we’ve created charts below displaying property distributions by total floor space.
If you’re looking to invest or buy in SE6 1, this may provide insight on opportunities.

Total floor area distribution for SE6 1 houses

Total Floor area distribution for flats in SE6 1

Total Floor area distribution for other property types in SE6 1

Socioeconomic factors impacting property prices in SE6 1

Interest rates

In the last 5 years, Britain’s economic conditions have drastically shifted. 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 capacity. At the same time, with fewer prospective buyers, potential sellers may hesitate to list for fear of lower prices.

Household income and employment rates in SE6 1

Another factor determining the price of a property will be the average household income in the area. There is a positive correlation between the price growth in an area where the average household income increases.

Check out below where the household income in SE6 1 is as it may have a positive impact on the sale of your property.

As part of this socioeconomic analysis, we cannot forget to mention the employment rate. This is because it is also directly related to the household income we just mentioned. When looking at the data and trying to understand the correlation between the different factors and the price of a property in SE6 1, we see a clear correlation with the employment rate as well.

The map below shows you the employment 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.

Location based factors in SE6 1 impacting the price of your property

Future developments around the neighbourhood

The attractivity of an area can be measured partially via the number of ongoing or upcoming developments. Indeed with further housing developments an area is able to welcome more people to live around increasing the demand for the given area. To check if this has an impact on the property you are looking to buy or sell in SE6 1 we’ve checked all the upcoming developments on the London’s mayor website and gathered everything in the following table.

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 SE6 1.

  • Transport
  • Hospitals
  • Schools
  • Restaurants & pubs

The above significantly influences price. We’ve gathered how your SE6 1 postcode sector is served per the above list in the table below.

Type of amenities Number in SE6 1
NHS Trusts (hospitals) 0
Practioners 19
Pharmacies 4
Schools 8
Shopping centres (within 5mi) 16
Public transports (train or tube stations) 0

Now that we’ve reviewed how the price per square metre in SE6 1 has shifted over time, let’s explore factors impacting the worth of properties you may buy or sell.

Property values in SE6 1

For flats

In 2021, 36 flats were sold in SE6 1 – an increase/decrease (choose one) of -5.26%% over 2020. To better understand the price per square metre distribution and sizes/types of flats sold in 2021, we’ve put together the chart below.

While the price distribution provides a helpful snapshot, the median price also gives insight. In 2021, the median price per square metre for a SE6 1 flat was £5582.66 – meaning 50% of flats sold for less.
Refer to the table below to see how the median price changed between 2016 and 2021.

Year Median Sqm Price inSE6 1 (in£) Growth Rate (in %)
2021 £5582.66 -%
2020 £5000 -3.4%
2018 £5269.23 -8.4%
2016 £5128.25 -5.9%

Interpreting the table – example with 2020: In 2020, the median price per square metre for a SE6 1 flat was £5000.0. Compared to the latest 2021 figures, the median flat price per square metre changed by 9.50%%.

For other types of property

In addition to houses and flats, SE6 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.

For houses

In SE6 1 in 2021, there were 147 houses sold. This represents an increase of 15.75% 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 SE6 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 SE6 1 into two equal groups. In other words, it indicates 50% of houses sold in 2021 went for over £5500.0. 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 inSE6 1 (in£) Growth Rate (in %)
2021 £5500 -%
2020 £5166.67 9.5%
2018 £4927.88 14.8%
2016 £4850.71 16.6%

Understanding the table – example with 2018: In 2018, the median house price per square metre in SE6 1 was £4927.88. Compared to the latest 2021 data, the median house price per square metre increased by 14.81%%.

First to start our property price guide we want to give an overview of how prices are distributed in SE6 1 on the type of property. To do so, we will look at the price per square metre to assess the distribution. To create the charts, we are calculating the price per square metre by getting the price paid data from the Government website. Then we divide the price by the surface area of the property.

Once this is done, it gives us the exact price per square metre paid and we finally categorise these prices into buckets (£1000-£1500) indicating that a given property has been sold with a price per square metre oscillating between £1000 and £1500.

A noteworthy notice

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 SE6 1?

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

How SE6 1 compares to nearby postcodes

To help you get a better understanding of the SE6 1 area, we’ve also put together a similar deep dive analysis on the nearby postcode sectors.

Have a quick look at the following table and don’t hesitate to navigate around. You might find interesting opportunities and learnings on these areas:

Postcode sector Median Price per sqm (£, in 2020) See our analysis
SE6 1 £5166.67 See our analysis on SE6 1 property prices
SE6 2 £4658.75 See our analysis on SE6 2 property prices
SE6 3 £4559.43 See our analysis on SE6 3 property prices
SE6 4 £5511.94 See our analysis on SE6 4 property prices

Forecasting SE6 1 property prices in 2024-2025

At Jukes we’ve tried deciphering this puzzle for 35 years – honestly, no magic crystal ball accurately forecasts future prices. Too many elements drive costs, as you’ve read.
AI and machine learning are enhancing 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 SE6 1 properties. The chart also displays a yearly average price trendline. As you can see, an upward trajectory that in our opinion won’t change as of February 2024. Though the curve’s slope may shift ahead.

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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