Navigating property values in SM4 5

A view of South London terraced houses and their chimneys

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.

Predicting SM4 5 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 quickly shift, as it has before.
That’s why we show 14 years of sales data – prices, sizes, and sale dates for SM4 5 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.

Analysing property values in SM4 5

For flats

In SM4 5 in 2021, 32 flats were sold. Compared to 2020, this is an increase of 3.23%%.

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 SM4 5 was £5186.99£. This means that when we look at the data, 50% of the flats sold in SM4 5 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 inSM4 5 (in£) Growth Rate (in %)
2021 £5186.99 -%
2020 £5354.33 -9.8%
2018 £5320.18 -9.3%
2016 £5298.51 -8.9%

How to read this table, example with 2020: in 2020 the median price per square metre in SM4 5 for a flat was 5354.33. Compared to 2021, the latest data available, we can see that the median house price per square metre has evolved by -0.60% %.

For other types of property

Beyond houses and flats, SM4 5 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.

For houses

In SM4 5 in 2021, we saw 64 houses sold. This represents an an increase of 23.08% in house sales compared to the prior year.
The chart below will help you comprehend the distribution of these prices and thus can provide an idea of the types and sizes of houses that were sold in 2021 in SM4 5.

After examining the price distribution, we can now focus on the median price. Simply put, the median price divides the group of houses sold in 2021 in SM4 5 into two equal groups. In other words, it indicates that 50% of the houses sold in 2021 went for more than £5761.15.
This number alone may not be very informative unless you compare it to previous years. Have a look at the table below to see how the median price has changed: versus 2020, versus 2018 (3 years before), and versus 2016 (5 years ago):

Year Median Sqm Price inSM4 5 (in£) Growth Rate (in %)
2021 £5761.15 -%
2020 £5691.93 -0.6%
2018 £5303.03 6.7%
2016 £5118.55 10.5%

Understanding the table – example with 2018: In 2018, the median house price per square metre in SM4 5 was £5303.03. Versus the most recent 2021 data, the median house price per square metre increased by 6.68%%. To begin our property price guide, we want to provide an overview of how costs are distributed in SM4 5 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.

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 SM4 5?

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

Property related factors driving the prices up in SM4 5

Property sizes

Clearly, floor area impacts the price you’ll sell or pay for. To better understand SM4 5, we’ve created charts below displaying property distributions by total floor space.
If you’re looking to invest or buy in SM4 5, this may provide insight into opportunities.

Total floor area distribution for SM4 5 houses

Total Floor area distribution for flats in SM4 5

Total Floor area distribution for other property types in SM4 5

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 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.”

Location elements influencing property values in SM4 5

Now that we’ve looked at how the price per square metre in SM4 5 has changed over time, let’s explore elements impacting the value of properties you may buy or sell.

Future developments around the neighbourhood

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 SM4 5 properties you may buy or sell, we’ve compiled all developments from the London mayor’s site into the table below.

Closeness 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 SM4 5.

  • Transport
  • Hospitals
  • Schools
  • Restaurants & pubs

The above makes a big impact on price. We’ve gathered how your SM4 5 postcode sector is served per the above list in the table below.

Type of amenities Number in SM4 5
NHS Trusts (hospitals) 0
Practioners 16
Pharmacies 2
Schools 8
Shopping centres (within 5mi) 14
Public transports (train or tube stations) 2

Socioeconomic factors influencing the price of a property in SM4 5

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.

Household income and job rates in SM4 5

Another price determiner is the area’s average household income. Prices tend to rise in areas where household incomes are increasing. See below where household income in the SM4 5 stands, as it may positively impact selling your property. We can’t omit the employment rate from this socioeconomic analysis either. It directly relates to the household income we just covered. The data shows a clear link between the employment rate and property prices in SM4 5 too.
The map below displays the employment rate in your sector. Beyond location, the property market also responds to economic and demographic factors like interest rates, population growth, and average household income.

Comparing SM4 5 with nearby postcodes

To provide more SM4 5 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 info 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

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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