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.
