Navigating property values in SM4 4

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South London is increasingly attractive for renters, first time home buyers, and real estate investors. At Jukes, our goal is to study how property values have shifted over time and offer key recommendations to assist you: sell or acquire a property at the best price.
In this guide we’ll analyse macroeconomic elements driving property prices, and closely examine price fluctuations depending on the type of property you own or hope to purchase.
Note: The data here encompasses 2010 – 2021. We’re updating this model and article with the newest 2023 data.

Comparing SM4 4 with nearby postcodes

To provide more SM4 4 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 learnings for these areas:

Postcode sector Median Price per sqm (£, in 2020) See our analysis
SM4 4 £5535.71 See our analysis on SM4 4 property prices
SM4 5 £5691.93 See our analysis on SM4 5 property prices
SM4 6 £5182.93 See our analysis on SM4 6 property prices

Examining property prices in SM4 4

For flats

In 2021, 9 flats sold in SM4 4 – a/an increase/decrease (choose one) of -35.71%% versus 2020. To better comprehend 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 useful snapshot, but the median price also offers insight. In 2021 the median price per square metre for a SM4 4 flat was £5060.98 – so 50% of flats sold for less.
Check the table below to observe how the median price evolved between 2016 and 2021.

Year Median Sqm Price inSM4 4 (in£) Growth Rate (in %)
2021 £5060.98 -%
2020 £5777.72 -16.4%
2018 £5688.55 -15.1%
2016 £5889.86 -18%

Understanding the table – example with 2020: In 2020, the median flat price per square metre in SM4 4 was £5777.72. Versus the most recent 2021 figures, the median flat price per square metre evolved by 2.20%%. To kick off our property value guide, we aim to give a summary of how prices are spread in SM4 4 by property type. To accomplish this, we’ll analyse the price per square metre to evaluate the distribution. We determine the price per square metre by accessing the price paid data from the Government’s site. We then divide the price by the property’s square footage.
This provides the precise price per square metre paid. We group these prices into ranges (£1000-£1500) indicating a property sold for a price per square metre within £1000 to £1500.

For other types of property

In addition to houses and flats, SM4 4 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.

A noteworthy notice

What we’ve outlined here is an objective analysis of actual prices paid – not an explanation of what drives prices up or down. If you’re curious to learn about the many factors impacting your property’s value, review the information below.
And remember, only an agent deeply embedded in your local area possesses the knowledge to truly assess your property’s worth, or that dream home you hope to buy. They’re at the forefront of supply and demand there.

Looking to buy or sell your property in SM4 4?

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For houses

In SM4 4 in 2021, there were 159 houses sold. This represents an increase of 31.40% 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 SM4 4 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 SM4 4 into two equal groups. Put another way, it shows 50% of houses sold in 2021 went for over £5871.21. 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 inSM4 4 (in£) Growth Rate (in %)
2021 £5871.21 -%
2020 £5535.71 2.2%
2018 £5268.82 7.4%
2016 £5302.78 6.7%

Deciphering the table – example with 2018: In 2018, the median price per square metre for a house in SM4 4 was £5268.82. Compared to 2021 data, the median house price per square metre rose by 7.38%%.

Property elements driving price increases in SM4 4

Property sizes

Clearly, floor area impacts the price you’ll sell or pay for. To better understand SM4 4, we’ve created charts below displaying property distributions by total floor space.
If you’re looking to invest or buy in SM4 4, this may provide insight into opportunities.

Total floor area distribution for SM4 4 houses

Total Floor area distribution for flats in SM4 4

Total Floor area distribution for other property types in SM4 4

Property features & built form

Features like built form, number of rooms, bathrooms etc. significantly impact price – the more features, the higher the price. Recent features also boost value.
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.”

Socioeconomic factors impacting property prices in SM4 4

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 job rates in SM4 4

Another determiner of price is the area’s average household income. Prices often increase where incomes are rising. See below for SM4 4’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 SM4 4 property prices.
The map below displays the job 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.

Predicting SM4 4 property prices in 2024-2025

At Jukes we have been trying to solve this equation for the past 35 years and let’s be honest, no one has a magic crystal ball and can predict the future prices. The variables included in the prices as you have just read it are simply too many.

With the rise of machine learning and AI the models to predict trends are getting better but they cannot account for external factors yet and the property market can shit pretty quickly as it did in the past.

It is for this reason that we decided not to show any prediction but rather adopted the position of showing the trend over the past 14 years. The chart below shows you all the property sales that happened in SM4 4, their price, the floor area of the property and the date of sale. Additionally, this chart presents you with a trend line showing the average property price for the given year. As you can see there is an upward trend and in our opinion there is no reason that this trend should change as of February 2024. Nonetheless it’s the slope of the curve that may change in the future

Location elements influencing property values in SM4 4

Future developments nearby

An area’s popularity can be gauged by the number of ongoing or planned developments. More housing in an area means more people are able to live there, increasing demand. To check if this impacts properties you may buy or sell in SM4 4, we’ve compiled all upcoming developments from the London mayor’s website into the table below. Now that we’ve analysed how the price per square metre in SM4 4 has changed over time, let’s dig deeper into factors impacting 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 SM4 4 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 (SM4 4) is served according to the above list

Type of amenities Number in SM4 4
NHS Trusts (hospitals) 0
Practioners 0
Pharmacies 0
Schools 8
Shopping centres (within 5mi) 14
Public transports (train or tube stations) 0

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