Putney Property Sales - June 2014
Prices in the SW15 area surge to new all-time high
Putney residential property prices have surged to a new all-time high with the overall average now within touching distance of £800,000. The rise over the same period last year was 37.3%
Numbers released by the Land Registry for the second quarter of 2014 show a huge increase over the previous three months and the same period last year. The rise has been led by a sharp rise in activity at the top end of the market with 22 detached properties changing hands during the three month period, the highest level of turnover since 2006.
Although the increased number of these multi-million pound properties have further boosted the overall average, the rises across the SW15 post code area have been broad based with terrace houses and flats rising by 24.1% and 27.3% respectively over the last year bringing the average Putney terrace house to just under a million pounds and the average Putney flat reaching nearly half a million pounds.
These prices have been inflated by strong demand for detached houses - 22 were sold during the quarter - the highest number since 2006. Price rises were broad based with terraced houses and flats up by 24.1% and 27.3% over the year.
There has also been a huge increase in the number of transactions taking place with turnover up by 44.2% compared with the same period last year.
Local agent Alex Nathanson, Sales Director of Warren, The Putney Estate Agents said: "The large percentage increases in SW15 property prices has an interesting impact depending on your point of view. As a buyer you are inclined to feel the market is overheated and that prices will come down. As a vendor it is difficult to commit to selling when you see the value of your property seemingly going up on daily basis. When the market moves dramatically over a relatively short period of time it is easy to get carried away with speculation about the future."
The average price in London during the month of June was £437,608 which is up by 16.4% compared with the same month in 2013. For England and Wales as a whole the average is now £172,011 compared with the peak of £181,466 in November 2007 up by 6.4%.
The most up-to-date figures available show that during April 2014 the number of completed house sales in England & Wales increased by 31 per cent to 66,659 compared with 51,022 in April 2013.
The number of properties sold in England and Wales for over £1 million in April 2014 increased by 39 per cent to 1,028 from 740 in April 2013
Properties Sold in SW15 - June 2014 |
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|---|---|---|
| Deed Date | Address | Price (£) |
| 30/06/2014 | The Basement Flat, 36 Schubert Road, SW15 2QS | 535,000 |
| 30/06/2014 | Flat 1, Fairacres, Roehampton Lane, SW15 5LX | 1,400,000 |
| 30/06/2014 | 80 Burke Close, SW15 5RS | 410,000 |
| 30/06/2014 | Flat 70, Belvedere Court 372-374, Upper Richmond Road, SW15 6HZ | 435,000 |
| 30/06/2014 | 29 Fairdale Gardens, SW15 6JW | 970,000 |
| 30/06/2014 | 209 Felsham Road, SW15 1BD | 818,999 |
| 30/06/2014 | Flat 128, Putney Wharf Tower, 18 Brewhouse Lane, SW15 2JX | 990,000 |
| 30/06/2014 | 40 Wadham Road, SW15 2LR | 1,120,000 |
| 27/06/2014 | Flat 38 Ross Court, Putney Hill, SW15 3NZ | 818,000 |
| 27/06/2014 | 19, Roehampton House, Vitali Close, SW15 5FH | 1,550,000 |
| 27/06/2014 | Flat 28, Bede House, Manor Fields, SW15 3LT | 725,000 |
| 27/06/2014 | Flat 4, 188 West Hill, SW15 3SH | 293,000 |
| 27/06/2014 | 221a Roehampton Lane, SW15 4LB | 300,000 |
| 27/06/2014 | 12 Arnewood Close, SW15 4NR | 238,000 |
| 27/06/2014 | 36 Chartfield Avenue, SW15 6HG | 3,300,000 |
| 27/06/2014 | 6 Luttrell Avenue, SW15 6PF | 1,995,000 |
| 27/06/2014 | 14 Luttrell Avenue, SW15 6PF | 1,455,000 |
| 27/06/2014 | Flat 7, Elystan Court, Howards Lane, SW15 6QH | 417,500 |
| 27/06/2014 | 4 Gamlen Road, SW15 1AB | 1,281,000 |
| 27/06/2014 | 58 Hotham Road, SW15 1QJ | 1,497,272 |
| 27/06/2014 | Flat 6, Keswick Hall, 32 Keswick Road, SW15 2JT | 650,000 |
| 27/06/2014 | Flat 85, Putney Wharf Tower, 25 Brewhouse Lane, SW15 2JX | 900,000 |
| 27/06/2014 | 4 Wharf Terrace, Deodar Road, SW15 2JZ | 1,700,000 |
| 27/06/2014 | 15 Bective Place, SW15 2PQ | 1,850,000 |
| 26/06/2014 | 87 Chelverton Road, SW15 1RW | 1,580,000 |
| 25/06/2014 | Flat 55, Ireton House, 3 Stamford Square, SW15 2BG | 1,200,000 |
| 25/06/2014 | Flat 29, Cadnam Point, Dilton Gardens, SW15 4BY | 140,000 |
| 25/06/2014 | 24 Landford Road, SW15 1AG | 1,851,000 |
| 25/06/2014 | Flat 2, Kenilworth Court, Lower Richmond Road, SW15 1EW | 352,500 |
| 25/06/2014 | 35 Norroy Road, SW15 1PQ | 1,425,000 |
| 24/06/2014 | Flat 2, Cedars Court, 1 Clarence Lane, SW15 4PN | 125,000 |
| 24/06/2014 | Flat 6, Keswick Heights, Keswick Road, SW15 2JR | 325,000 |
| 23/06/2014 | Flat 84, Highlands Heath, Portsmouth Road, SW15 3TX | 700,000 |
| 23/06/2014 | Flat 30, Lime Court, 2 Gipsy Lane, SW15 5RJ | 314,950 |
| 23/06/2014 | 76 Chartfield Avenue, SW15 6HQ | 2,150,000 |
| 23/06/2014 | 22 Westleigh Avenue, SW15 6RD | 600,000 |
| 23/06/2014 | 108 West Hill, SW15 2UF | 432,000 |
| 20/06/2014 | Flat 2, 115 Clarendon Drive, SW15 1AN | 459,050 |
| 20/06/2014 | 7 Rusholme Road, SW15 3JX | 2,516,000 |
| 20/06/2014 | 3 Akehurst Street, SW15 5DR | 1,600,000 |
| 20/06/2014 | 174 Dowdeswell Close, SW15 5RN | 330,250 |
| 20/06/2014 | Flat 17, Lorne Court, 51 Putney Hill, SW15 6RX | 650,000 |
| 20/06/2014 | Flat 91, Ormonde Court, Upper Richmond Road, SW15 6TR | 470,000 |
| 20/06/2014 | 19 Abbotstone Road, SW15 1QR | 1,515,000 |
| 20/06/2014 | 4 Innes Gardens, SW15 3AB | 298,000 |
| 20/06/2014 | Flat 8, Ramsey Court, 205 Cortis Road, SW15 3AX | 330,000 |
| 20/06/2014 | Flat 14, Glenmore, 9 Kersfield Road, SW15 3HL | 475,000 |
| 19/06/2014 | 1 Vale Crescent, SW15 3PJ | 257,500 |
| 19/06/2014 | 101 Ullswater Crescent, SW15 3RE | 925,000 |
| 19/06/2014 | 1a Ravenna Road, SW15 6AW | 770,000 |
| 19/06/2014 | 173 Putney Bridge Road, SW15 2NZ | 1,000,000 |
| 18/06/2014 | Apartment 4, 121 West Hill, SW15 3HY | 475,000 |
| 18/06/2014 | Flat 2, Heathside 3-4, Treville Street, SW15 4JX | 699,950 |
| 18/06/2014 | 172 Lower Richmond Road, SW15 1LY | 545,000 |
| 18/06/2014 | 24 Montserrat Road, SW15 2LA | 707,000 |
| 17/06/2014 | Flat 50, Highlands Heath, Portsmouth Road, SW15 3TX | 540,000 |
| 17/06/2014 | 5 Hotham Road, SW15 1QL | 1,365,000 |
| 16/06/2014 | 35 Cortis Road, SW15 3AF | 350,000 |
| 13/06/2014 | Flat 61, Kersfield House, 11 Kersfield Road, SW15 3HJ | 980,000 |
| 13/06/2014 | Flat 3, Harmony Court, 4 Alton Road, SW15 4LG | 395,000 |
| 13/06/2014 | Flat 3, Vicarage Court, 6 Alton Road, SW15 4LG | 375,000 |
| 13/06/2014 | 42 Huntingfield Road, SW15 5EU | 699,950 |
| 13/06/2014 | Flat 21, University Mansions, Lower Richmond Road, SW15 1EP | 735,000 |
| 13/06/2014 | 176 Lower Richmond Road, SW15 1LY | 476,000 |
| 13/06/2014 | Flat 1, Grosvenor Court, Rayners Road, SW15 2AX | 546,500 |
| 13/06/2014 | 48, Putney Wharf Tower, Brewhouse Lane, SW15 2JQ | 782,095 |
| 13/06/2014 | 49 Wadham Road, SW15 2LS | 1,206,000 |
| 13/06/2014 | 27 Cortis Road, SW15 3AF | 330,000 |
| 13/06/2014 | 56 Cortis Road, SW15 3AG | 275,000 |
| 12/06/2014 | Flat 31, Roebuck House, 89 Roehampton Lane, SW15 5FN | 362,500 |
| 12/06/2014 | 6 Fairdale Gardens, SW15 6JW | 655,000 |
| 12/06/2014 | Flat 28, 125 Upper Richmond Road, SW15 2TL | 360,000 |
| 12/06/2014 | Flat 3, 90 West Hill, SW15 2UJ | 710,000 |
| 11/06/2014 | 50 Lytton Grove, SW15 2HE | 1,200,000 |
| 09/06/2014 | 17 Pallister Terrace, Roehampton Vale, SW15 3ER | 470,000 |
| 06/06/2014 | Flat 3, Rainsborough House, 5 Stamford Square, SW15 2BP | 570,000 |
| 06/06/2014 | 9 Alton Road, SW15 4LF | 395,000 |
| 06/06/2014 | 5 Coalecroft Road, SW15 6LW | 1,440,000 |
| 06/06/2014 | Bungalow J, 331 Upper Richmond Road, SW15 6SX | 380,000 |
| 06/06/2014 | Flat 3, Cavendish Close, 1 St. John's Avenue, SW15 2AL | 635,000 |
| 06/06/2014 | 24 Frensham Drive, SW15 3EA | 262,000 |
| 06/06/2014 | 10 Colebrook Close, SW15 3HZ | 546,700 |
| 05/06/2014 | Flat 7, St Marys Hall, 106 Felsham Road, SW15 1DQ | 777,555 |
| 05/06/2014 | 51, Ireton House, Stamford Square, SW15 2BG | 879,233 |
| 05/06/2014 | 51 Norroy Road, SW15 1PQ | 790,000 |
| 04/06/2014 | Apartment 9, 121 West Hill, SW15 3HY | 460,000 |
| 03/06/2014 | 9 Woodthorpe Road, SW15 6UQ | 3,230,000 |
| 03/06/2014 | 38 Clarendon Drive, SW15 1AE | 2,300,000 |
| 03/06/2014 | 190 Putney Bridge Road, SW15 2NG | 1,280,000 |
| 02/06/2014 | Flat A, 10 Mexfield Road, SW15 2RQ | 600,000 |
| 02/06/2014 | 8 Highdown Road, SW15 5BU | 1,750,000 |
| 02/06/2014 | 25 Roedean Crescent, SW15 5JX | 3,200,000 |
| 02/06/2014 | Flat 77, Kenilworth Court, Lower Richmond Road, SW15 1EN | 920,000 |
| 02/06/2014 | Flat 34, 73 Upper Richmond Road, SW15 2SR | 643,000 |
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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