Navigating property values in SW11 5

A view of South London terraced houses and their chimneys

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.

Location factors affecting property prices in SW11 5

Closeness to public amenities

While garden size and number of rooms meet buyers’ and sellers’ needs, proximity to conveniences also boosts a property’s worth in SW11 5.

  • Transport
  • Hospitals
  • Schools
  • Restaurants & pubs

The above significantly influences price. We’ve gathered how your SW11 5 postcode sector is served per the above list in the table below.

Type of amenities Number in SW11 5
NHS Trusts (hospitals) 0
Practioners 65
Pharmacies 1
Schools 13
Shopping centres (within 5mi) 0
Public transports (train or tube stations) 0

Now that we’ve analysed how the price per square metre in SW11 5 has changed over time, let’s delve into factors influencing the value of properties you may buy or sell.

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 SW11 5 properties you may buy or sell, we’ve compiled all planned projects from the London mayor’s website into the table below.

Comparing SW11 5 with nearby postcodes

To provide more context on SW11 5, 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
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

Property values in SW11 5

To begin our property price guide, we want to provide an overview of how costs are distributed in SW11 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.

For other types of property

In addition to houses and flats, SW11 5 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.

For houses

In SW11 5 in 2021, there were 114 houses sold. This represents an increase of 32.56% 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 SW11 5 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 SW11 5 into two equal groups. In other words, it shows that 50% of the houses sold in 2021 went for over £8733.88.
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 inSW11 5 (in£) Growth Rate (in %)
2021 £8733.88 -%
2020 £9012.1 -37.2%
2018 £8551.59 -33.8%
2016 £8813.56 -35.8%

Interpreting the table – example with 2018: In 2018, the median price per square metre for a SW11 5 house was £8551.59. Against the newest 2021 data, the median house price per square metre rose by -33.84%%.

For flats

In 2021, 76 flats sold in SW11 5 – a/an increase/decrease (choose one) of 10.14%% 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 SW11 5 flat was £7508.43. 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 inSW11 5 (in£) Growth Rate (in %)
2021 £7508.43 -%
2020 £7300 -33.9%
2018 £7521.55 -35.8%
2016 £8325.3 -42%

Understanding the table – example with 2020: In 2020, the median flat price per square metre in SW11 5 was £7300.0. Compared to the newest 2021 figures, the median flat price per square metre evolved by -37.22%%.

Important 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 SW11 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 factors driving price rises in SW11 5

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.”

Property sizes

Clearly, floor area impacts the price you’ll sell or pay for. To better understand SW11 5, we’ve created charts below displaying property distributions by total floor space.
If you’re looking to invest or buy in SW11 5, this may provide insight into opportunities.

Total floor area distribution for SW11 5 houses

Total Floor area distribution for flats in SW11 5

Total Floor area distribution for other property types in SW11 5

Forecasting SW11 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 factors 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 SW11 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.

Socioeconomic factors influencing the price of a property in SW11 5

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 SW11 5

Another factor impacting price is the area’s average household income. Prices tend to increase where incomes are rising. See below for SW11 5’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 SW11 5 property prices too.
The map below displays your sector’s employment rate.

Interest rates

In the last 5 years, Britain’s economic conditions have dramatically changed. 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 ability. At the same time, with fewer prospective buyers, potential sellers may wait to list for fear of lower 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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