A Comprehensive Guide On Buying A New Build In South London

If you’ve made up your mind to buy a new build in South London, then read this article to the end. It is nowadays a popular trend to come to London and buy a new apartment in this super-modern city. Check this link for new builds homes here. That’s because London, the capital city of England, is one of the best and most amazing cities in the world.

London is in fact where you can have access to everything at a world-class level. It is a city that is home to top types of food, music, culture, education, transportation, buildings, fashion, etc. That’s why for many people in and out of the UK, having the chance to buy a new home and live in this wonderful city is like a big dream come true.

And among all the people who are moving to London or have in mind to do so, many choose South London. South London is a wonderful part of London and buying a new home in South London would be a great achievement. South London is in fact one of the best places to live with an abundance of parks and plenty of stylish hangouts.

But you may still have many questions in mind about how to buy new apartments in South London. Because to do so, you surely need to have a good amount of information about this part of the city. That’s why in the present article, we have gathered a good pack of information about buying new builds in South London.

We hope that reading this article to the end would be a good help for you in this regard. So stay with us, please!

Where is London

London is the capital city of England and the UK. This beautiful city is geographically situated in the southeast part of the country. London is famous for being the largest and most populated city in the UK with more than 9 million people living there. The city is also the heart of the economic, cultural, and political affairs of the whole of England and is internationally recognized as the capital of the world.

In London, you can have the best of everything available to you at a world-class level. Therefore, it is of no surprise that so many people in and out of the UK really want to buy a new build in London and become a Londoner.

Where is South London

South London is generally defined as any part of London that is south of the river Thames. This part of the city comprises the London boroughs of Bexley, Bromley, Croydon, Greenwich, Kingston upon Thames, Lambeth, Lewisham, Merton, Richmond upon Thames, Southwark, Sutton, and Wandsworth.

But the South London boroughs are all very different and you need to take it into account before you want to buy a new apartment in South London. Lambeth, Lewisham, Southwark and Wandsworth are mostly densely populated inner-city boroughs.

However, boroughs like Kingston upon Thames, Richmond upon Thames, Bromley, Bexley, and Sutton have less urban rush and more space. Some of the most famous sights in South London include the South Bank, The Shard, Cutty Sark, O2 Arena, Battersea Power Station, Imperial War Museum, The Oval, Hampton Court, and Kew Gardens.

Why Live in South London?

South London is one of the best places to buy a new home in London. If you look for a balance between living in a modern city and in peace and quietness, then buy a new build in South London. This part of London is full of eye-catching parks and stylish hangouts such as the Clapham Common Park, Wandsworth Common park, and Richmond Park.

In fact, 34% of South London is made up of luscious parks and green space, more than anywhere else in the whole of London. From global street food at Brixton Village Market to an endless selection of mouth-watering delights at Borough Market, South London is also a great place for food lovers. South London is also extremely well-connected to the rest of the city.

The ever-growing transport links of South London to Central London have also made it possible to be only a moment’s ride away from London’s coolest hotspots. This part of London also has a very low crime rate, which is an important factor for those who want to buy a new apartment in London.

It’s because of all these reasons that according to ‘The City Living Survey’ conducted by Time Out, South London’s Clapham was voted one of the best places to buy a new build in London.

What Are Property Values in Different Parts of South London?

Good to know that in South London, property prices are lower than, for example, in North London. The average property price across South London is currently around £480,000. This is indeed very important for those who want to buy a new home in South London.

While there are some expensive hotspots, there are also some bargains to be had in South London. The most expensive South London borough is Richmond while the cheapest place to buy a property is in Croydon. According to data from HM Land Registry, property prices in different parts of South London are currently as follows:

1. Bexley

Bexley is located in southeast London right on the fringes of Greater London and the boundary with Kent. This part of South London has a good value property compared to inner London. Areas of Bexley include Bexleyheath, Crayford, Erith, Old Bexley, Sidcup, and Welling. The population of this area in South London is 248,000 approximately and the average House Price is about £350,938.

2. Bromley

The London Borough of Bromley is situated somewhere in southeast London right on the fringes of Greater London. Areas of Bromley borough include the town of Bromley itself and Beckenham, Chislehurst, Hayes, Orpington, Penge, and West Wickham. The population of this area in South London is 332,300 approximately and the average House Price is about £435,535.

3. Croydon

Croydon is the second largest London borough and is administered by Croydon Council. Croydon is a popular area and more and more people are buying new builds there. Areas within Croydon include Addiscombe, Coulsdon, Norwood, Purley, Selsdon, and Thornton Heath. The population of this area in South London is 385,000 approximately and the average House Price is about £376,180.

4. Greenwich

The London Borough of Greenwich is an ancient and historic London borough right by the River Thames to the southeast of central London. Greenwich is famous worldwide for Greenwich Mean Time or GMT. Areas of Greenwich as well as Greenwich itself include Abbey Wood, Charlton, Eltham, Kidbrooke, Plumstead, Thamesmead, and Woolwich.

The population of this area in South London is 288,500 approximately and the average House Price is about £394,809.

5.  Kingston upon Thames

Kingston upon Thames, properly known as the Royal Borough of Kingston upon Thames or Kingston for short, is to the south-west of London and historically part of the county of Surrey. Areas of Kingston upon Thames include Chessington, Hook, New Malden, Old Malden, Hampton Wick, Surbiton, and Tolworth.

The population of this area in South London is 177,500 approximately and the average House Price is about £496,801.

6. Lambeth

Lambeth is located just across the River Thames from central London and the City of Westminster and is administered by Lambeth Council. The northern part of Lambeth is a densely popular inner-city area, while the southern districts are more suburban. Areas of Lambeth include Brixton, Clapham, Streatham, Vauxhall, and West Norwood.

The population of this area in South London is 326,000 approximately and the average House Price is about £546,470.

7. Lewisham

The London Borough of Lewisham is south-east of central London and in the Lewisham Council area. Its northern areas are inner-city areas while the southern areas are more suburban. Areas of Lewisham include Lewisham itself plus Blackheath, Brockley, Catford, Deptford, Forest Hill, New Cross, and Sydenham.

The population of this area in South London is 305,000 approximately and the average House Price is about £417,152.

8.  Richmond upon Thames

Richmond upon Thames is an outer London borough in southwest London. Richmond on Thames is South London’s most expensive borough for property prices but prices are still lower here than in most of central London. Areas of Richmond upon Thames include Barnes, East Sheen, Ham, Hampton Hill, Hampton Wick, Kew, Mortlake, Richmond Hill, Strawberry Hill, Teddington, and Twickenham.

The population of this area in South London is 198,000 approximately and the average House Price is about £713,067.

9. Southwark

Southwark is a famous area in South London just across the River Thames from the City of London. London Bridge, Tower Bridge, Blackfriars Bridge, and Southwark Bridge connect Southwark to the city. Areas within the Southwark Council area include Borough, Bermondsey, Dulwich, Elephant and Castle, Nunhead, Peckham, Peckham Rye, Rotherhithe, and Walworth.

The population of this area in South London is 318,800 approximately and the average House Price is about £503,092.

10. Sutton

The London Borough of Sutton is an outer London borough in the very south of Greater London. Sutton fringes Surrey and is suburban and offers larger houses and more space than inner London. Areas of Sutton include, as well as Sutton itself, Beddington, Carshalton, Cheam, North Cheam, Rose Hill, Wallington, and Worcester Park.

The population of this area in South London is 206,000 approximately and the average House Price is about £383,369.

Conclusion

To buy a new build in London is surely a golden opportunity for anyone. This is because as said above, London is one of the best cities in the world. London is in fact a world into itself for its unique dynamism, diversity, creative abundance and cultural wealth, etc.

And among all the different parts of this wonderful city, South London is a great choice for all the reasons that we explained in this article. The present content was an effort to provide you with some basic information about this part of the UK’s capital. But it was mainly aimed at helping you to have a better choice when you intend to buy a new apartment in South London.

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