Peckham Property December 2020

16th December 2020 posted in Sellers Buyers

We know many people spend time looking back, and then forward, at the end of the year. At Hunters Forest Hill, we are on hand to help anyone who is looking for guidance in the property market.

The market appears to be ending strongly in 2020, which is quite the outcome considering how challenging the year has been.

At Hunters Forest Hill, we have worked closely with many buyers and vendors in a range of locations, including Peckham.

We also stay in touch with the leading property portals, and this helps us to inform you of what is required in the property market.

According to Rightmove at the beginning of December, the Peckham housing market is performing as; “Properties in Peckham had an overall average price of £562,766 over the last year. The majority of sales in Peckham during the last year were flats, selling for an average price of £415,100. Terraced properties sold for an average of £809,585, with semi-detached properties fetching £855,035. Overall, sold prices in Peckham over the last year were 1% up on the previous year and 6% up on the 2017 peak of £530,156.”

A snapshot of the Peckham property market

At the start of December 2020, Rightmove had a total of 474 properties listed for sale in Peckham.

Of the 474 listed properties in Peckham, only five are listed as detached properties. There are not many more semi-detached properties for sale in the area, with only 16 listed for sale.

Flats are the most common property for sale in Peckham

There is an increase when it comes to terraced properties, with 104 terraced properties listed for sale in and around Peckham according to Rightmove at the start of December.

Therefore, it shouldn’t be a surprise that the most popular form of property listed for sale in Peckham is flats. There are 350 flats listed for sale, which is indicative of what the market has to offer.

Garden space and parking spots are in high demand

Of the 474 listed properties in Peckham, 271 have been listed has having a garden. The recently published Zoopla list of most common buyer searches in 2020 placed garden at the top of the list. Therefore, most buyers will be pleased to see so many Peckham properties listed with a garden space.

If you are looking for property with a dedicated parking space, there are 182 listings with parking for property in Peckham. Parking was also a popular search term for buyers this year, so again, it is pleasing to a considerable amount of property for sale in Peckham which meet this criteria.

A total of 113 properties for sale in Peckham are listed as offering a garden and parking space.

At Hunters Forest Hill, we know selling property is challenging, but we are here to assist you in the process. If you aim to buy, sell, let your home or rent property, we are active in New Cross, Peckham, Dulwich and Brockley, in addition to Forest Hill, so get in touch with one of the top three agents in London, and we will be happy to assist you.