South London

Area Guide For South London

South London generally comprises of Lambeth, Sutton and Croydon, with major areas including Richmond, Greenwich, Barnes, Balham, Battersea, Clapham, Notting Hill and Wimbledon. There is a lot of physical diversity here, with the industrial heritage of Battersea, the rich history of Greenwich, the love of Tennis in Wimbledon and the riverside villages of Richmond. There are a few rough neighbourhoods in the area as well, but they’re not as bad as you might hear. Some particularly great areas include Clapham, Putney and Backheath and property prices here are relatively reasonable.

 
 

South London Map

Estimated Price: £726,169
Average Asking Price: £1,090,955
Price change in last one year: £66,771
Average Price Paid: £522,170
Average Rent Rates: £3,586

 
 

Property Prices Breakdown in South London

Average Price for property in South London is around £726,169 which varies based on type of property you are interested in and ranges from £1,655,761 for detached house to around £875,651 for semi-detached. Similarly terraced house is around £862,993 and a flat is worth £579,424. Values have been changing and have risen £5,019 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £16,819 in last 6 months, £66,771 in last 1 year, £138,729 in last 2 years, £170,828 in last 3 years, £162,040 in last 4 years and £190,916 in last 5 years.

Currently average asking price of a property in South London is around £1,090,955 based on approximately 23,237 properties for sale. Same is the case with rental options based on 15,139 properties up for rent, average asking rent is around £3,586 per month.

Estimated property value in South London is £726,169. Average asking price is £1,090,955 while average price paid is £613,799 which is up by £66,771 and Avg. asking rent £3,586.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in South London area. In last 1 year alone average price buyer paid is around £613,799 based on approximately 23,237 sales in South London area alone. If you compare it to last 3 years sales of 72,265 properties where buyers paid around £553,624. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £522,170 for 114,678 and average amount paid for purchase of approx. 147,683 properties sold in last 7 years comes to about £498,988 per sale.

 
 

Properties For Sale in South London

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £613,621, £735,191 for a 2 bedroom house, £840,489 for a 3 bedroom house, £1,317,475 for a 4 bedroom house and £2,170,586 for a 5 bedroom house. For a flat similarly the prices varies from £551,619 for a single bedroom to £824,093 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £1,595,284, £2,853,625 for a 4 bedroom flat and £9,746,709 for a 5 bedroom flat. To sum up the asking prices for properties in South London it comes to around average £553,796 for 1 bedroom property, £816,095 for 2 bedroom, £1,247,098 for 3 bedroom, £1,575,061 for 4 bedroom and £2,620,017 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £2,095 for 1 bedroom to £3,150 for 2 bedrooms, £4,054 for 3 bedrooms, £5,088 for 4 bedrooms and £7,436 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £2,062. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £2,805, £5,564 for 3 bedroom, £9,179 for 4 bedroom and around £18,969 for 5 bedroom flat. You should be generally be expecting around average £2,065 rent per month for single bedroom property, £2,835 for 2 bedroom, £5,041 for 3 bedroom, £6,355 for 4 bedroom and approximately £8,376 for a 5 bedroom property in South London area.

Popular Houses in South London

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Transportation in South London

Areas in and around South London