Navigating property values in SW11 2

Learn all about South London with our property guides

South London is an up and coming area for renters, first time buyers and property investors. At Jukes we want to take a step back to analyse how property prices have evolved over time and give some key elements to help you: sell or buy your property at the right price.
In this guide we will look at macro economic factors influencing the price of a property but also take a deeper look at the evolution of prices depending on the type of property you own or you are looking to buy.
Note: the data shown in this article covers the period 2010 – 2021. We are working to improve this model and article with the latest data for 2023.

Deciphering property prices in SW11 2

For flats

In 2021, 58 flats were sold in SW11 2 – an increase/decrease (choose one) of -45.79%% over 2020.
To better grasp the price per square metre distribution and sizes/types of flats sold in 2021, we’ve assembled the chart below.

While the price distribution gives a helpful snapshot, the median price also provides insight. In 2021, the median price per square metre for a SW11 2 flat was £8033.56 – meaning 50% of flats sold for less than this. See the table below to view how the median price changed between 2016 and 2021.

Year Median Sqm Price inSW11 2 (in£) Growth Rate (in %)
2021 £8033.56 -%
2020 £8359.62 -42.3%
2018 £6944.44 -30.5%
2016 £7304.37 -33.9%

Deciphering the table – example with 2020: In 2020, the median price per square metre for a SW11 2 flat was £8359.62. Versus 2021 figures, the median flat price per square metre changed by -28.67%%.

For other types of property

Beyond houses and flats, SW11 2 has seen other property types trade hands over the years, though these make up a small portion of 2021 sales. We’ve shown the price per square metre distribution for these assorted properties in the chart below.

If you’re aiming to buy or sell a more unique property in this group, please contact us for additional insight and details. We can provide an accurate, tailored valuation.

For houses

In SW11 2 in 2021, we saw 41 houses sold. This represents an increase of 28.13% in the sales of houses compared to the previous year.

The chart below will help you understand the distribution of these prices and thus can give you an idea of the type and size of houses that were sold in 2021 in SW11 2.

After looking at the price distribution, we can now lean on and have a look at the median price. The median price, simply put, divides the group of houses sold in 2021 in SW11 2 into two equal groups. Said differently, it tells you that 50% of the houses sold in 2021 were sold for more than £8093.53.

This number alone might not bring valuable information unless you compare it to the previous years. Have a look at the table below to see how the median price has evolved: versus the previous year (2020), versus 3 years before (2018) and versus 5 years ago (2016):

Year Median Sqm Price inSW11 2 (in£) Growth Rate (in %)
2021 £8093.53 -%
2020 £7931.67 -28.7%
2018 £7342.66 -22.9%
2016 £8013.37 -29.4%

How to read this table, example with 2018: in 2018 the median price per square metre in SW11 2 for a house was 7342.66. Compared to 2021, the latest data available, we can see that the median house price per square metre has evolved by -22.95% %.

To kick off our property value guide, we aim to give a summary of how prices are spread in SW11 2 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.

Important note

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 SW11 2?

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

Comparing SW11 2 with nearby postcodes

To provide more SW11 2 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
SW11 1 £9019.17 See our analysis on SW11 1 property prices
SW11 2 £7931.67 See our analysis on SW11 2 property prices
SW11 3 £9933.33 See our analysis on SW11 3 property prices
SW11 4 £10041.7 See our analysis on SW11 4 property prices
SW11 5 £9012.1 See our analysis on SW11 5 property prices
SW11 6 £9494.12 See our analysis on SW11 6 property prices
SW11 7 £12475.25 See our analysis on SW11 7 property prices
SW11 8 £13714.73 See our analysis on SW11 8 property prices

Predicting SW11 2 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 SW11 2 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.

Socioeconomic factors influencing property values in SW11 2

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

Household income & employment rates in SW11 2

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 SW11 2 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 SW11 2 too.
The map below displays the employment rate in your sector.

Interest rates

In the last 5 years, Britain’s economic conditions have dramatically shifted. Between 2019 and 2024, the Bank of England increased interest rates multiple times to address growing inflation and cool an economy recovering from post-covid measures.
Higher interest rates directly affect the property market by impacting buyers’ borrowing ability. At the same time, with fewer prospective buyers, potential sellers may wait to list for fear of lower prices.

Property factors driving price rises in SW11 2

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

Naturally, floor area impacts the price you’ll sell or pay. To better grasp SW11 2, we’ve created charts below showing property distributions by total floor space.
If you’re looking to invest or buy in SW11 2, this may provide insight on opportunities.

Total floor area distribution for SW11 2 houses

Total Floor area distribution for flats in SW11 2

Total Floor area distribution for other property types in SW11 2

Location based factors in SW11 2 impacting the price of your property

Now that we had a look at how the price per square metre in SW11 2 has changed over time let’s dig a little deeper in the factors that impact the price of the property you are looking to buy or sell.

Future developments around the neighbourhood

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 SW11 2, we’ve compiled all upcoming developments from the London mayor’s website into the table below.

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 SW11 2 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 (SW11 2) is served according to the above list

Type of amenities Number in SW11 2
NHS Trusts (hospitals) 0
Practioners 34
Pharmacies 3
Schools 12
Shopping centres (within 5mi) 0
Public transports (train or tube stations) 1

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