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What Has Happened To House Prices In Sydenham Last 12 Months

Sydenham property prices are steadily increasing as time goes on. What are the reasons behind the ever growing popularity of the SE26 area?

What Has Happened To House Prices In Sydenham Last 12 Months

When it comes to considering an area to buy, live or invest in, it is important to have as much information at your disposal. Whilst previous house prices are not always indicative of what will happen to house prices in the future, there is a lot to be gleaned from observing the behaviour of house prices in the last 12 months. Anyone interested in Sydenham, found in south London across the London Boroughs of Lewisham, Bromley and Southwark should take note of changes in the property market in the past 12 months.

Property prices in the SE26 postcode, Sydenham, have risen by 21.22% in the past year. The average property price in Sydenham now stands at £420,912, which is 23.3% lower than the London average, which stands at £548,583.

With respect to how it compares to property prices in the local area, Sydenham can be seen as being in the middle of the ranges. Areas such as the SE21 postcode, Dulwich, have an average property price of £815,071 while the SE22 postcode, East Dulwich, has an average property price of £604,765. However, areas like SE25, South Norwood, hold an average postcode price of £279,234 and SE20, Anerly in Bromley, stands at £346,421.

Different property types in Sydenham have experienced different results

Breaking down the property types, and using figures between October 2014 and October 2015 indicates that while the average price of property in Sydenham has been on the rise, it has not been a uniform change across the board.

Flats held an average property price of £313,250 in October 2014 and in October 2015, this had risen to £324,977 a rise of 4%. Semi-detached properties had risen by 23%, from £610,500 to £750,000 and terraced properties had risen by 26%, moving from £420,375 to £527,971. However, the average price of detached properties fell by 33%, from £999,999 to £667,500.

On the surface this can seem like a worrying drop but without knowing further information, it isn’t worth getting carried away with. It is unclear just how much information is used or available when average prices are marked and it may be that a low amount of sales can mean that an outlier obscures the stated figures. In this case, it is likely that a poor quality detached home or a quick sale impacted on the stated figures as opposed to being an indicator of a change in the market.

The trend for property prices in Sydenham is likely to continue

Overall, there is a rising trend in house prices in Sydenham in the last 12 months and this is likely to be the case. The average price of property in Sydenham compared to other areas in the region suggests that this is a place that will appeal to many people and families. It is above the lower end of the market but it provides a better value for money option than the areas found at the top end of the market.

Sydenham is located in Zones 3 and 4 and there are a number of stations including Sydenham, Sydenham Hill, Penge East and Lower Sydenham. These stations provide Overground and Underground connections to stations like London Bridge, London Victoria, Shoreditch High Street, Brixton, Orpington, London Charing Cross, London Waterloo East, London Cannon Street and Lewisham. The availability of transport options means that Sydenham is considered a good base for commuting and travelling around London, which is another reason why many people consider this to be an area on the rise. With the Crossrail improvements connecting London in a more effective way, Sydenham is set to reap the benefits of improved connectivity for many years to come.What Has Happened To House Prices In Sydenham Last 12 Months

When it comes to considering an area to buy, live or invest in, it is important to have as much information at your disposal. Whilst previous house prices are not always indicative of what will happen to house prices in the future, there is a lot to be gleaned from observing the behaviour of house prices in the last 12 months. Anyone interested in Sydenham, found in south London across the London Boroughs of Lewisham, Bromley and Southwark should take note of changes in the property market in the past 12 months.


Property prices in the SE26 postcode, Sydenham, have risen by 21.22% in the past year. The average property price in Sydenham now stands at £420,912, which is 23.3% lower than the London average, which stands at £548,583.


With respect to how it compares to property prices in the local area, Sydenham can be seen as being in the middle of the ranges. Areas such as the SE21 postcode, Dulwich, have an average property price of £815,071 while the SE22 postcode, East Dulwich, has an average property price of £604,765. However, areas like SE25, South Norwood, hold an average postcode price of £279,234 and SE20, Anerly in Bromley, stands at £346,421.
Different property types in Sydenham have experienced different results


Breaking down the property types, and using figures between October 2014 and October 2015 indicates that while the average price of property in Sydenham has been on the rise, it has not been a uniform change across the board.
Flats held an average property price of £313,250 in October 2014 and in October 2015, this had risen to £324,977 a rise of 4%. Semi-detached properties had risen by 23%, from £610,500 to £750,000 and terraced properties had risen by 26%, moving from £420,375 to £527,971. However, the average price of detached properties fell by 33%, from £999,999 to £667,500.


On the surface this can seem like a worrying drop but without knowing further information, it isn’t worth getting carried away with. It is unclear just how much information is used or available when average prices are marked and it may be that a low amount of sales can mean that an outlier obscures the stated figures. In this case, it is likely that a poor quality detached home or a quick sale impacted on the stated figures as opposed to being an indicator of a change in the market.


The trend for property prices in Sydenham is likely to continue
Overall, there is a rising trend in house prices in Sydenham in the last 12 months and this is likely to be the case. The average price of property in Sydenham compared to other areas in the region suggests that this is a place that will appeal to many people and families. It is above the lower end of the market but it provides a better value for money option than the areas found at the top end of the market.


Sydenham is located in Zones 3 and 4 and there are a number of stations including Sydenham, Sydenham Hill, Penge East and Lower Sydenham. These stations provide Overground and Underground connections to stations like London Bridge, London Victoria, Shoreditch High Street, Brixton, Orpington, London Charing Cross, London Waterloo East, London Cannon Street and Lewisham. The availability of transport options means that Sydenham is considered a good base for commuting and travelling around London, which is another reason why many people consider this to be an area on the rise. With the Crossrail improvements connecting London in a more effective way, Sydenham is set to reap the benefits of improved connectivity for many years to come.

Posted 19th Jan 2016

On the surface this can seem like a worrying drop but without knowing further information, it isn’t worth getting carried away with.