Property prices in SW11 6: A closer look

South London underground

As a popular destination for renters, first time purchasers, and real estate investors, South London has seen appreciable growth. At Jukes, we aim to delve into how property values have changed over the years and provide essential tips to help you: sell or buy a home at an optimal value.
In this guide we’ll study macroeconomic factors impacting property prices, and carefully inspect price variations based on the type of property you own or plan to obtain.
Note: The data in this piece includes 2010 – 2021. We’re enhancing this model and article with the most current 2023 information.

Location factors affecting property prices in SW11 6

Future developments around

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

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 6.

  • Transport
  • Hospitals
  • Schools
  • Restaurants & pubs

The above significantly influences price. We’ve gathered how your SW11 6 postcode sector is served per the above list in the table below.

Type of amenities Number in SW11 6
NHS Trusts (hospitals) 0
Practioners 61
Pharmacies 1
Schools 8
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 6 has changed over time, let’s dig deeper into factors impacting the value of properties you may buy or sell.

Property elements driving price increases in SW11 6

Property sizes

Naturally, floor area impacts the price you’ll sell or pay. To better grasp SW11 6, we’ve created charts below showing property distributions by total floor space.
If you’re looking to invest or buy in SW11 6, this may provide insight on opportunities.

Total floor area distribution for SW11 6 houses

Total Floor area distribution for flats in SW11 6

Total Floor area distribution for other property types in SW11 6

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.”

Socioeconomic factors influencing the price of a property in SW11 6

Household income & employment rates in SW11 6

Another factor determining the price of a property will be the average household income in the area. There is a positive correlation between the price growth in an area where the average household income increases.

Check out below where the household income in SW11 6 is as it may have a positive impact on the sale of your property.

As part of this socioeconomic analysis, we cannot forget to mention the employment rate. This is because it is also directly related to the household income we just mentioned. When looking at the data and trying to understand the correlation between the different factors and the price of a property in SW11 6, we see a clear correlation with the employment rate as well.

The map below shows you the employment rate in your sector.

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.

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

Analysing property values in SW11 6

First to start our property price guide we want to give an overview of how prices are distributed in SW11 6 on the type of property. To do so, we will look at the price per square metre to assess the distribution. To create the charts, we are calculating the price per square metre by getting the price paid data from the Government website. Then we divide the price by the surface area of the property.

Once this is done, it gives us the exact price per square metre paid and we finally categorise these prices into buckets (£1000-£1500) indicating that a given property has been sold with a price per square metre oscillating between £1000 and £1500.

For houses

In SW11 6 in 2021, there were 98 houses sold. This represents an increase of 27.27% 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 SW11 6.

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 SW11 6 into two equal groups. In other words, it indicates 50% of houses sold in 2021 went for over £9293.22. 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 inSW11 6 (in£) Growth Rate (in %)
2021 £9293.22 -%
2020 £9494.12 -40.4%
2018 £8801.17 -35.7%
2016 £8896.04 -36.4%

Understanding the table – example with 2018: In 2018, the median house price per square metre in SW11 6 was £8801.17. Compared to the latest 2021 data, the median house price per square metre increased by -35.72%%.

A note of importance

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 6?

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

For other types of property

Beyond houses and flats, SW11 6 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 flats

In SW11 6 in 2021, 25 flats were sold. Compared to 2020, this is an increase of 31.58%%.

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 SW11 6 was £9583.33£. This means that when we look at the data, 50% of the flats sold in SW11 6 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 inSW11 6 (in£) Growth Rate (in %)
2021 £9583.33 -%
2020 £9657.14 -50%
2018 £8217.6 -41.3%
2016 £8903.74 -45.8%

How to read this table, example with 2020: in 2020 the median price per square metre in SW11 6 for a flat was 9657.14. Compared to 2021, the latest data available, we can see that the median house price per square metre has evolved by -40.41% %.

Predicting SW11 6 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 SW11 6, 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

How SW11 6 compares to nearby postcodes

To provide more SW11 6 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
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

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)

Leave a Reply

Your email address will not be published. Required fields are marked *