Property prices in SE9 1: A closer look

View from an alley way in South London showing terraced houses

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.

Socioeconomic factors impacting property values in SE9 1

Apart from 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 SE9 1

Another factor impacting price is the area’s average household income. Prices tend to increase where incomes are rising. See below for SE9 1’s household income level, as it may positively influence selling your property. We can’t exclude the employment rate from this socioeconomic analysis. It directly relates to household income. The data shows a clear correlation between the job rate and SE9 1 property prices too.
The map below displays your sector’s employment rate.

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.

Property related factors driving the prices up in SE9 1

Property sizes

Obviously the floor area impacts the price you’ll sell or pay for. To better understand SE9 1, we’ve created charts below showing property distributions by total floor area.
If you’re looking to invest or buy in SE9 1, this may provide insight on opportunities.

Total floor area distribution for SE9 1 houses

Total Floor area distribution for flats in SE9 1

Total Floor area distribution for other property types in SE9 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.”

Forecasting SE9 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 SE9 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.

Property prices in SE9 1

For other types of property

SE9 1 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, 15 flats sold in SE9 1 – a/an increase/decrease (choose one) of -40.00%% 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 SE9 1 flat was £4687.5. 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 inSE9 1 (in£) Growth Rate (in %)
2021 £4687.5 -%
2020 £4830.51 -0.1%
2018 £4489.8 7.5%
2016 £4522.73 6.7%

Understanding the table – example with 2020: In 2020, the median flat price per square metre in SE9 1 was £4830.51. Compared to the newest 2021 figures, the median flat price per square metre evolved by 9.86%%. To initiate our property price guide, we want to summarise how costs are distributed in SE9 1 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.

For houses

In SE9 1 in 2021, there were 146 houses sold. This represents an increase of 48.98% 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 SE9 1 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 SE9 1 into two equal groups. In other words, it shows that 50% of the houses sold in 2021 went for over £5631.57.
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 inSE9 1 (in£) Growth Rate (in %)
2021 £5631.57 -%
2020 £5149.79 9.9%
2018 £5065.22 11.7%
2016 £5053.76 11.9%

Interpreting the table – example with 2018: In 2018, the median price per square metre for a SE9 1 house was £5065.22. Against the newest 2021 data, the median house price per square metre rose by 11.69%%.

A note of importance

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 SE9 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 SE9 1 compares with nearby postcode sectors

To provide more context on SE9 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
SE9 1 £5149.79 See our analysis on SE9 1 property prices
SE9 2 £4917.36 See our analysis on SE9 2 property prices
SE9 3 £4840.74 See our analysis on SE9 3 property prices
SE9 4 £4674.2 See our analysis on SE9 4 property prices
SE9 5 £4801.98 See our analysis on SE9 5 property prices
SE9 6 £4683.04 See our analysis on SE9 6 property prices

Location factors impacting property prices in SE9 1

Now that we’ve analysed how the price per square metre in SE9 1 has changed over time, let’s delve into factors influencing the value of properties you may buy or sell.

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 SE9 1 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 (SE9 1) is served according to the above list

Type of amenities Number in SE9 1
NHS Trusts (hospitals) 0
Practioners 5
Pharmacies 2
Schools 10
Shopping centres (within 5mi) 12
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 SE9 1 properties you may buy or sell, we’ve compiled all developments from the London mayor’s site into the table below.

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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