Fall in prices blamed on lack of activity at top end of market
During the first quarter of this year 282 homes changed hands at an average price of £579,024. This is well below the peak levels seen last summer.
Although transaction volumes are down in the short term compared with this time last year there has been a substantial rise and turnover has more than tripled from levels seen during the financial crisis.
Local agent Allan Fuller commented: "The drop in average price is merely a reflection of fewer high end sales, the lower volume is the really interesting factor. We can certainly see for ourselves in our office the increased demand because we have such a vast number of potential buyers on our books.
Over the last twelve months London as a whole has seen a rise in average values of 12.4% making it the strongest performing area in the country. The average house in the capital now costs £414,490.
For England and Wales as a whole, Land Registry figures show that the average prices is up by 5.6% over the last year to £ 169,124 although they are down compared with February.
Repossession volumes decreased by 31 per cent in January 2014 to 979 compared with 1,420 in January 2013.
The most up-to-date figures available show that during January 2014 the number of completed house sales in England & Wales increased by 46 per cent to 63,123 compared with 43,373 in January 2013.
The number of properties sold in England and Wales for over £1 million in January 2014 increased by 61 per cent to 1,011 from 628 in January 2013.
Properties Sold in SW15 - March 2014 |
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Deed Date | Address | Price (£) |
31/03/2014 | 2 Bader Way, SW15 5GD | 840,000 |
31/03/2014 | Flat 41, Rainsborough House, 5 Stamford Square, SW15 2BP | 368,000 |
31/03/2014 | Flat 4, Beverley Gate House, 97 West Hill, SW15 3SP | 375,000 |
31/03/2014 | 16 Pleasance Road, SW15 5HP | 575,600 |
31/03/2014 | Flat 67, Belvedere Court 372-374, Upper Richmond Road, SW15 6HZ | 350,000 |
31/03/2014 | 25 Farlow Road, SW15 1DT | 1,275,000 |
31/03/2014 | Flat 2, Griffin Gate, 135 Lower Richmond Road, SW15 1EZ | 797,000 |
31/03/2014 | 39 Gladwyn Road, SW15 1JY | 466,500 |
31/03/2014 | Flat 13, 41 Carlton Drive, SW15 2DG | 690,000 |
31/03/2014 | 7 Askill Drive, SW15 2HX | 325,000 |
31/03/2014 | 38 Askill Drive, SW15 2HX | 400,000 |
31/03/2014 | Flat 2, 21 Keswick Road, SW15 2JA | 249,000 |
31/03/2014 | Flat 48, 73 Upper Richmond Road, SW15 2SR | 475,000 |
31/03/2014 | 4 Hayward Gardens, SW15 3DA | 250,000 |
28/03/2014 | 6, Avington House, 4 Holford Way, SW15 5FB | 415,000 |
28/03/2014 | Apartment 10, 121 West Hill, SW15 3HY | 455,000 |
28/03/2014 | 34 Ullswater Crescent, SW15 3RQ | 1,110,000 |
28/03/2014 | Flat 15, Westmark Point, Norley Vale, SW15 4BX | 221,000 |
28/03/2014 | 87 Huntingfield Road, SW15 5EA | 575,500 |
28/03/2014 | Flat 6, Cornerways, 1 Daylesford Avenue, SW15 5QP | 200,000 |
28/03/2014 | Flat 13, Halford House, Whitnell Way, SW15 6DE | 401,067 |
28/03/2014 | Flat 29, Belvedere Court 372-374, Upper Richmond Road, SW15 6HY | 430,000 |
28/03/2014 | 51 Erpingham Road, SW15 1BQ | 935,000 |
28/03/2014 | Flat 5, Lancaster House, Horne Way, SW15 1JB | 408,000 |
28/03/2014 | 30 Westhorpe Road, SW15 1QH | 1,540,000 |
28/03/2014 | Flat 21, Grosvenor Court, Rayners Road, SW15 2AX | 592,500 |
27/03/2014 | 2 Erpingham Road, SW15 1BG | 750,000 |
27/03/2014 | Flat 21, Avershaw House, 1 Chartfield Avenue, SW15 6AD | 440,000 |
27/03/2014 | Flat 12, Mercury Mansions, Dryburgh Road, SW15 1BT | 550,000 |
27/03/2014 | Flat 5, Millbrooke Court, Keswick Road, SW15 2RA | 370,000 |
26/03/2014 | 29 Cambalt Road, SW15 6EL | 137,500 |
26/03/2014 | 9 Medfield Street, SW15 4JY | 212,000 |
26/03/2014 | 19 Roehampton Close, SW15 5LU | 465,000 |
26/03/2014 | Flat 3, 42 Montserrat Road, SW15 2LA | 675,000 |
25/03/2014 | Flat 7, 154 West Hill, SW15 3SR | 195,000 |
25/03/2014 | Flat 2, Salisbury Court, 178 Upper Richmond Road, SW15 2SH | 396,250 |
24/03/2014 | 206b Putney Bridge Road, SW15 2NA | 625,000 |
24/03/2014 | 249 Hayward Gardens, SW15 3BU | 235,255 |
21/03/2014 | 40, Fairburn Court, 2 St. John's Avenue, SW15 2AU | 595,000 |
21/03/2014 | Flat 56, Belvedere Court 372-374, Upper Richmond Road, SW15 6HZ | 420,000 |
21/03/2014 | Flat 15, 307 Upper Richmond Road, SW15 6SS | 655,000 |
21/03/2014 | Flat F, 331 Upper Richmond Road, SW15 6SX | 375,000 |
21/03/2014 | 22 Colebrook Close, SW15 3HZ | 542,800 |
19/03/2014 | 10 Farlington Place, SW15 4AH | 290,000 |
18/03/2014 | 9 Coalecroft Road, SW15 6LW | 1,410,000 |
18/03/2014 | 36 Fanthorpe Street, SW15 1DZ | 531,000 |
18/03/2014 | Flat 102, Kenilworth Court, Lower Richmond Road, SW15 1HA | 825,000 |
18/03/2014 | 22 Quill Lane, SW15 1PD | 1,200,000 |
17/03/2014 | 17 Isis Close, SW15 6JY | 375,000 |
17/03/2014 | Flat G, 51-53, Schubert Road, SW15 2QT | 499,950 |
14/03/2014 | Flat 18, Hedley Court, Putney Hill, SW15 3NS | 420,000 |
14/03/2014 | Flat 1, 188 West Hill, SW15 3SH | 442,000 |
14/03/2014 | 156 Huntingfield Road, SW15 5ES | 312,000 |
14/03/2014 | Flat 2, 15 Colinette Road, SW15 6QG | 245,000 |
14/03/2014 | Flat 15, Lower Park, 54 Putney Hill, SW15 6QY | 550,000 |
14/03/2014 | 5 Gladwyn Road, SW15 1JY | 475,503 |
14/03/2014 | 16 Cavalry Gardens, SW15 2QQ | 980,000 |
14/03/2014 | 161 Hayward Gardens, SW15 3BX | 310,000 |
14/03/2014 | Flat 1, Cadbury House, Dromore Road, SW15 3ET | 650,000 |
13/03/2014 | Flat 36, Wildcroft Manor, Wildcroft Road, SW15 3TT | 725,000 |
13/03/2014 | 11 Kingslawn Close, SW15 6QJ | 835,000 |
13/03/2014 | Flat 13, 73 Upper Richmond Road, SW15 2SR | 615,000 |
12/03/2014 | Upper Flat, 46 Lacy Road, SW15 1NL | 500,000 |
12/03/2014 | 7 Innes Gardens, SW15 3AB | 226,000 |
10/03/2014 | 156 Innes Gardens, SW15 3AE | 224,000 |
07/03/2014 | Flat 34, Holmsley House, Tangley Grove, SW15 4EH | 125,000 |
07/03/2014 | 228 Huntingfield Road, SW15 5ES | 545,000 |
07/03/2014 | 206 Arabella Drive, SW15 5LQ | 320,000 |
07/03/2014 | 1 Bendemeer Road, SW15 1JX | 1,235,000 |
07/03/2014 | 2 Mexfield Road, SW15 2RQ | 339,000 |
07/03/2014 | 71 Innes Gardens, SW15 3AD | 284,950 |
07/03/2014 | 159 Carslake Road, SW15 3DD | 250,000 |
07/03/2014 | 7 Littlecombe Close, Kersfield Road, SW15 3HR | 310,000 |
06/03/2014 | Flat 31, Repton House, 20 Scott Avenue, SW15 3PB | 575,000 |
05/03/2014 | Flat 13, Longmoor Point, Norley Vale, SW15 4BU | 154,000 |
04/03/2014 | Flat 34, Heath Royal, 31 Kersfield Road, SW15 3JW | 410,000 |
04/03/2014 | 105 Dyers Lane, SW15 6JU | 275,000 |
03/03/2014 | 6, Downe House, 88 West Hill, SW15 2UJ | 525,600 |
03/03/2014 | Flat 4, Kings Court, 1 Bessborough Road, SW15 4AB | 242,000 |
03/03/2014 | Flat 27, Castle Court, 1 Brewhouse Lane, SW15 2JJ | 680,000 |
03/03/2014 | 59 Innes Gardens, SW15 3AD | 274,950 |
Copyright notice: All figures in this article are based on data released by the Land Registry. The numbers are derived from analysis performed by PutneySW15.com. Any use of these numbers should jointly attribute the Land Registry and PutneySW15.com.
May 19, 2015
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