Putney Property Sales - December 2014


Prices finish the year strongly but falling volumes will be a concern

Putney property prices finished 2014 strongly ending the year up by 21.2%

The latest figures from the Land Registry for the SW15 post code area show that the average sale price in the last quarter of the year £766,315, the second highest three month average on record.

Unlike many other areas of London where stamp duty changes appear to have dampened interest in higher priced properties, locally there was good demand at the top end of the market and this masked a dip in the prices of flats and terrace houses.

The period saw the second highest price for a residential property in the area with a house in Heathview Gardens selling for £7,450,000. The all-time high was set earlier this year when a home in the same street changed hands for £8,200,000.

One concern for local agents will be the decline in the amount of sales in the area. There were nearly 30% fewer transactions than in the same period last year.

London continues to be the area of the country seeing the strongest price growth. During December the average price in the capital was £464,936 up another 1.8% compared to the previous month to bring the annual price rise to 16.8%

The December data shows a monthly price increase of 0.6 % bringing the annual price change to 7.0% and the average house price in England and Wales to £177,766.

The number of property transactions has increased over the last year. From July 2013 to October 2013 there was an average of 75,201 sales per month compared to 82,067 for the same period in 2014.

Simon Rubinsohn, RICS Chief Economist, said, 'Despite the slowdown, there is optimism that the stamp duty reforms will deliver a 2-5% boost in both sales and prices over the next 12 months, despite members in London expecting sales to decrease by between 5-10% and prices to decrease by 2-5%, with larger properties and/or those in prime areas expected to see the biggest price decreases.'

The number of properties sold in England and Wales for over £1 million in September 2014 increased by 8% to 1,172 from 1,088 in September 2013

Properties Sold in SW15 - December 2014
Deed Date Address Price (£)
29/12/2014 18 Harbridge Avenue, SW15 4EZ
280,000
23/12/2014 1 Woodview Close, Kingston Vale, SW15 3RL
1,090,000
23/12/2014 Flat 23, Fairheathe, 43 Putney Hill, SW15 6QP
495,000
23/12/2014 Flat 2, Messenger Court, 23 Upper Richmond Road, SW15 2RF
355,000
22/12/2014 118 Stroud Crescent, SW15 3EH
250,000
19/12/2014 14, Roehampton House, Vitali Close, SW15 5FH
495,000
19/12/2014 33 Vale Crescent, SW15 3PJ
250,000
19/12/2014 Flat D, 142 West Hill, SW15 3SR
424,950
19/12/2014 6 Pleasance Road, SW15 5HP
675,000
19/12/2014 Flat 9, Devereux House, Aubyn Square, SW15 5NP
295,000
19/12/2014 25 Rockingham Close, SW15 5RW
246,000
19/12/2014 Flat 118, Harwood Court, Upper Richmond Road, SW15 6JB
290,000
19/12/2014 22 Fairdale Gardens, SW15 6JW
695,000
19/12/2014 Flat 109, Kenilworth Court, Lower Richmond Road, SW15 1HA
1,200,000
19/12/2014 14 Bendemeer Road, SW15 1JU
750,000
19/12/2014 Flat 30, Crown Court, Lacy Road, SW15 1NS
470,000
19/12/2014 88 Deodar Road, SW15 2NJ
1,250,000
19/12/2014 81 Mexfield Road, SW15 2RG
877,500
18/12/2014 43 Lytton Grove, SW15 2HD
1,690,000
18/12/2014 24 Wadham Road, SW15 2LR
1,032,000
18/12/2014 Flat 1, 75 West Hill, SW15 2UL
580,000
18/12/2014 71 Carslake Road, SW15 3DB
331,750
17/12/2014 Flat 15, Knight House, 22 Scott Avenue, SW15 3PB
540,000
17/12/2014 43 Bangalore Street, SW15 1QF
1,525,000
16/12/2014 Top Floor Flat, 211 Putney Bridge Road, SW15 2NY
575,000
15/12/2014 Flat 5, 186 West Hill, SW15 3SH
500,000
15/12/2014 7 Salvin Road, SW15 1DR
1,460,000
15/12/2014 85 Hotham Road, SW15 1QW
2,559,000
15/12/2014 Flat 6, 4 Mercier Road, SW15 2AT
600,000
15/12/2014 Flat 4, 36 Schubert Road, SW15 2QS
525,000
12/12/2014 61b Lower Richmond Road, SW15 1ET
405,000
12/12/2014 Flat 9, Knight House, 22 Scott Avenue, SW15 3PB
385,000
12/12/2014 2 Parkstead Road, SW15 5HW
598,000
12/12/2014 Flat 2, Ashdown, 7 Cambalt Road, SW15 6EL
442,000
12/12/2014 26 Dryburgh Road, SW15 1BL
3,125,000
12/12/2014 2 Lower Common South, SW15 1BP
4,625,000
12/12/2014 103 Norroy Road, SW15 1PH
795,000
12/12/2014 Flat 6, 90 West Hill, SW15 2UJ
485,501
12/12/2014 15 Tildesley Road, SW15 3AA
250,000
11/12/2014 130 Felsham Road, SW15 1DP
485,000
10/12/2014 22 Greenstead Gardens, SW15 5AJ
525,000
10/12/2014 72 Dover House Road, SW15 5AT
695,000
10/12/2014 Flat B, 16 Lower Richmond Road, SW15 1JP
367,000
10/12/2014 57, Putney Wharf Tower, Brewhouse Lane, SW15 2JQ
1,400,000
09/12/2014 24a Swinburne Road, SW15 5EB
835,000
09/12/2014 Flat 5, Highlands Heath, Portsmouth Road, SW15 3TR
675,000
09/12/2014 6 Ernshaw Place, SW15 2BT
860,000
08/12/2014 11 Lysons Walk, SW15 5EG
679,100
08/12/2014 23 Roehampton Close, SW15 5LU
699,950
08/12/2014 Flat 20, Keswick Heights, Keswick Road, SW15 2JR
530,000
05/12/2014 Apartment 91, 25 Brewhouse Lane, SW15 2JQ
950,000
05/12/2014 Flat 1, 4 Galveston Road, SW15 2SA
620,000
05/12/2014 36 Keswick Avenue, SW15 3QJ
545,000
05/12/2014 Flat F203, Gilbert Scott Building, Scott Avenue, SW15 3SG
580,000
05/12/2014 Flat 17, Andrew House, Toland Square, SW15 5NZ
325,000
05/12/2014 11b Bramcote Road, SW15 6UG
375,000
05/12/2014 Flat 18, Pearson House, Horne Way, SW15 1HY
415,000
05/12/2014 Flat A, 5 Winthorpe Road, SW15 2LW
685,000
05/12/2014 Flat 14, Mayfield Mansions, 94 West Hill, SW15 2YB
615,000
05/12/2014 Flat 13, Brett House, Putney Heath Lane, SW15 3JE
450,750
04/12/2014 59 Clarendon Drive, SW15 1AW
685,000
04/12/2014 Flat 43, 125 Upper Richmond Road, SW15 2TL
340,000
03/12/2014 Flat 11, Halford House, Whitnell Way, SW15 6DE
399,950
03/12/2014 168 Tildesley Road, SW15 3AT
249,950
01/12/2014 Flat 18, Avershaw House, 1 Chartfield Avenue, SW15 6AD
675,000
01/12/2014 33 Newnes Path, SW15 5JA
332,000
01/12/2014 11 Isis Close, SW15 6JY
265,000
01/12/2014 Flat M, Estate House 225-231, Upper Richmond Road, SW15 6SJ
487,000
01/12/2014 Flat 2, 47 Hazlewell Road, SW15 6UT
2,400,000
01/12/2014 63 Disraeli Road, SW15 2DR
1,595,000
01/12/2014 Flat C, 5 Winthorpe Road, SW15 2LW
419,950
01/12/2014 20 Frensham Drive, SW15 3EA
265,000

 

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