Property values in SE9 4: What you need to know

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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 SE9 4

Property sizes

Obviously the floor area impacts the price you’ll sell or pay for. To better understand SE9 4, we’ve created charts below showing property distributions by total floor area.
If you’re looking to invest or buy in SE9 4, this may provide insight on opportunities.

Total floor area distribution for SE9 4 houses

Total Floor area distribution for flats in SE9 4

Total Floor area distribution for other property types in SE9 4

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.”

Location elements influencing property values in SE9 4

Now that we’ve reviewed how the price per square metre in SE9 4 has shifted over time, let’s explore factors impacting the worth of properties you may buy or sell.

Closeness to public amenities

While the size of the garden or number of rooms align with buyers’ and sellers’ needs, proximity to conveniences also boosts a property’s value in SE9 4.

  • Transport
  • Hospitals
  • Schools
  • Restaurants & pubs

The above make a significant impact on price. We’ve summarised how your SE9 4 postcode sector is served per the above list in the table below.

Type of amenities Number in SE9 4
NHS Trusts (hospitals) 0
Practioners 5
Pharmacies 3
Schools 9
Shopping centres (within 5mi) 12
Public transports (train or tube stations) 1

Future developments nearby

An area’s appeal can be measured by its number of upcoming or in-progress developments. More housing means more potential residents, raising demand. To see if this impacts SE9 4 properties you may buy or sell, we’ve compiled all planned projects from the London mayor’s website into the table below.

Examining property prices in SE9 4

For other types of property

Beyond houses and flats, SE9 4 has seen some other property types trade hands over the years, though these do not account for a large share 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 that falls into this category, please reach out for additional details and insight. We can provide an accurate valuation tailored to your specific situation.

A quick note

What we’ve outlined here is an objective analysis of actual prices paid – not an explanation of what impacts prices. If you want to learn about the many factors affecting your property’s value, review the information below.
And remember, only an agent deeply embedded in your local area has the knowledge to truly assess your property’s value, 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 4?

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 SE9 4 in 2021, there were 112 houses sold. This represents an increase of 20.43% 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 SE9 4.

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 SE9 4 into two equal groups. In other words, it indicates 50% of houses sold in 2021 went for over £4910.32. 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 inSE9 4 (in£) Growth Rate (in %)
2021 £4910.32 -%
2020 £4674.2 21%
2018 £4398.73 28.6%
2016 £4435.25 27.6%

Understanding the table – example with 2018: In 2018, the median house price per square metre in SE9 4 was £4398.73. Compared to the latest 2021 data, the median house price per square metre increased by 28.62%%. To begin our property price guide, we want to provide an overview of how costs are distributed in SE9 4 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.

For flats

In SE9 4 in 2021, 16 flats were sold. Compared to 2020, this is a decrease of -30.43%%.

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 SE9 4 was £5000.0£. This means that when we look at the data, 50% of the flats sold in SE9 4 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 inSE9 4 (in£) Growth Rate (in %)
2021 £5000 -%
2020 £4642.86 4%
2018 £4680.85 3.1%
2016 £4457.28 8.3%

How to read this table, example with 2020: in 2020 the median price per square metre in SE9 4 for a flat was 4642.86. Compared to 2021, the latest data available, we can see that the median house price per square metre has evolved by 21.04% %.

Predicting SE9 4 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 variables 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 shift quickly, as it has in the past.
That’s why we show 14 years of sales data – prices, floor areas, and sale dates for SE9 4 properties. The chart also displays an average price trendline yearly. As you can see, an upward trajectory that in our view won’t change as of February 2024. But the curve’s slope may shift going forward.

Socioeconomic factors impacting property values in SE9 4

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.

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

Household income and employment rates in SE9 4

Another price driver is the area’s average household income. Prices often rise where incomes are increasing. See below for SE9 4’s household income level, as it may positively impact selling your property. We can’t exclude the job rate from this socioeconomic analysis either. It directly relates to household income. The data shows a clear link between the employment rate and SE9 4 property prices too.
The map below displays your sector’s job rate.

Comparing SE9 4 with nearby postcodes

To provide more SE9 4 insight, we’ve done similar in-depth analysis on nearby postcode sectors too.
Review the table below and feel free to navigate around. You may uncover interesting opportunities and learnings 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

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

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