October 2010 Wandsworth Property Sales

Prices fall further from peak seen during the Summer

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The average price of a property sold in the SW18 post code area during October and November was £508,306 according to the latest figures from the Land Registry.

This is down on September when prices averaged £517,900 and earlier in the Summer when the average briefly moved above £600,000.

Seven properties changed hands for over a million pounds during the two month period.

According to the Land Registry London property prices are up by 6.8% in November compared to last year. This is the slowest annual rise in 2010 but remains the highest level in the country.

This brings the average property price to £341,009, in comparison to the figure for England and Wales, which is £164,773.

Andrew Nunn of Andrew Nunn & Associates said, "The 2010 market witnessed some very healthy prices being achieved due to a scarcity of supply. This became more severe as the year developed with potential sellers failing to find suitable alternative property. Demand surpassed expectation with domestic buyers benefiting from the recovery of the London financial sector and overseas buyers benefiting from exchange rates and uncertain home economies.

"Prime property is selling for record prices whilst secondary and tertiary property is more price sensitive. Should interest rates rise by the middle of 2011, a likely scenario given current and future inflationary pressure, then more supply will inevitably come to the market. Once buyers see they have choice then the market will calm down and we will see single figure price appreciation. The message is clear should you be thinking of selling in 2011 then take well informed advice early in the year and do not be suckered in to "the highest price" - it may work against you and remember the sentiment in any market can change very quickly"

For the country as a whole November's data shows a fall of 0.6%. This is the third consecutive month in which prices have fallen. The annual house price growth rate has continued to decline for the sixth month in a row, with an increase of 2.2%. This is the smallest growth seen in 12 months.

Nationwide's House Price index for December which is based on offer prices rather than actual sales like the Land Registry did show an increase.

Martin Gahbauer, Nationwide's Chief Economist, said, "When house prices are trending down only modestly rather than decisively – as has been the case in recent months – it is not unusual to a see a mixed pattern of monthly declines and occasional increases."

He added, "London and the South East saw particularly large price gains during this period (2010), as the scarcity of property was most acute in these regions. London will also have benefited from the strong recovery in the financial sector, which is an important driver of buyer confidence and housing demand in the capital."

The latest reported sales are given in the table below.

The numbers below are subject to revision as is it usual that some properties are added late to the Land Registry's database.

Properties Sold in SW18 - October 2010

Address
Price (£)
Deed Date
Gernigan House, Flat 22, Fitzhugh Grove, SW18 3SG
220,000
29/10/2010
Calico Court, 41, Flat 4, Merton Road, SW18 5SU
244,000
29/10/2010
7, Steerforth Street, SW18 4HH
265,000
29/10/2010
144, Ravensbury Road, SW18 4RU
275,000
29/10/2010
7, The Limes, SW18 5HW
275,000
29/10/2010
2b, West Hill, SW18 1SB
295,000
29/10/2010
50 - 53, Denton Street, SW18 2JS
300,000
29/10/2010
50 - 53, Denton Street, SW18 2JS
300,000
29/10/2010
30c, North Side Wandsworth Common, SW18 2SL
348,000
29/10/2010
243a, Flat 5, Wimbledon Park Road, SW18 5RJ
360,000
29/10/2010
21a, Quinton Street, SW18 3QR
380,000
29/10/2010
51a, Atheldene Road, SW18 3BN
385,000
29/10/2010
91a, Penwith Road, SW18 4PY
408,500
29/10/2010
Kingfisher House, 14, Juniper Drive, SW18 1TX
460,000
29/10/2010
63, Garrick Close, SW18 1JH
465,000
29/10/2010
12, Swaffield Road, SW18 3AH
500,000
29/10/2010
18, Wilna Road, SW18 3BA
535,000
29/10/2010
65, Strathville Road, SW18 4QR
550,000
29/10/2010
104, Strathville Road, SW18 4RE
555,000
29/10/2010
50, Ballantine Street, SW18 1AL
590,000
29/10/2010
74, St Anns Hill, SW18 2SB
632,500
29/10/2010
30, Elborough Street, SW18 5DW
721,000
29/10/2010
44, Denton Street, SW18 2JR
310,000
28/10/2010
Culver Court, Flat 7, Borrodaile Road, SW18 2LD
250,000
27/10/2010
7a, Lebanon Gardens, SW18 1RQ
440,000
27/10/2010
23, Bucharest Road, SW18 3AS
648,500
27/10/2010
17, Littleton Street, SW18 3SZ
625,000
26/10/2010
53, Littleton Street, SW18 3SZ
748,000
26/10/2010
17c, Crealock Street, SW18 2BS
266,000
25/10/2010
9, Nevinson Close, SW18 2TF
560,000
25/10/2010
44, Frewin Road, SW18 3LP
1,025,000
25/10/2010
26, Westover Road, SW18 2RQ
1,935,000
25/10/2010
Priscilla House, 145, Flat 6, Merton Road, SW18 5EQ
125,000
22/10/2010
57, Flat 3, Allfarthing Lane, SW18 2AP
280,000
22/10/2010
92, Lydden Grove, SW18 4LN
311,000
22/10/2010
23, Fieldview, SW18 3HG
345,000
22/10/2010
141, Ground Floor Flat, Earlsfield Road, SW18 3DD
358,000
22/10/2010
126, Lower Maisonette, Merton Road, SW18 5SP
455,000
22/10/2010
20, Coleford Road, SW18 1AD
738,750
22/10/2010
79, Elborough Street, SW18 5DR
750,000
22/10/2010
80, Apartment 6, North Side Wandsworth Common, SW18 2QX
385,000
21/10/2010
45a, Trentham Street, SW18 5AS
404,500
21/10/2010
23, Ballantine Street, SW18 1AL
725,000
21/10/2010
11a, St Anns Crescent, SW18 2ND
389,950
20/10/2010
8, Bucharest Road, SW18 3AR
548,000
20/10/2010
38, Spencer Road, SW18 2SW
1,625,000
20/10/2010
69, Flat 8, Melrose Road, SW18 1PG
250,000
19/10/2010
94, Ravensbury Road, SW18 4RS
370,000
19/10/2010
6, Wincanton Road, SW18 5TY
493,000
19/10/2010
29, Heythorp Street, SW18 5BW
582,500
19/10/2010
69, Elborough Street, SW18 5DR
615,336
18/10/2010
47, Brathway Road, SW18 4BE
285,000
15/10/2010
431, Merton Road, SW18 5LB
305,000
15/10/2010
Charterhouse Apartments, 21, 38, Eltringham Street, SW18 1AU
340,000
15/10/2010
33, Apartment 10, Osiers Road, SW18 1NL
355,000
15/10/2010
30a, Isis Street, SW18 3QN
439,000
15/10/2010
9a, Birdhurst Road, SW18 1AR
445,000
15/10/2010
26, Tranmere Road, SW18 3QQ
482,000
15/10/2010
118, Elborough Street, SW18 5DL
710,000
15/10/2010
23, Lavenham Road, SW18 5EZ
780,000
15/10/2010
49, Flat 2, Kimber Road, SW18 4NX
289,000
14/10/2010
77, Longfield Street, SW18 5RD
305,000
14/10/2010
25, Ballantine Street, SW18 1AL
575,000
14/10/2010
278, Flat 108, Magdalen Road, SW18 3NY
297,500
13/10/2010
35, Ground Floor Flat At, Southfields Road, SW18 1QW
473,200
13/10/2010
50, Wincanton Road, SW18 5TY
557,000
13/10/2010
8, Loxley Road, SW18 3LJ
673,000
13/10/2010
23, Twilley Street, SW18 4NU
425,000
12/10/2010
Chapelier House, 307, Eastfields Avenue, SW18 1LR
395,000
11/10/2010
46, Lavenham Road, SW18 5HE
595,000
11/10/2010
27, John Archer Way, SW18 2TR
240,000
08/10/2010
103, John Archer Way, SW18 2TT
265,000
08/10/2010
128, Flat B, Earlsfield Road, SW18 3DS
305,000
08/10/2010
139a, Revelstoke Road, SW18 5NN
320,000
08/10/2010
62, Tilehurst Road, SW18 3ET
330,000
08/10/2010
21, 5 Charterhouse Apartments, Eltringham Street, SW18 1AU
360,000
08/10/2010
6, Longstaff Road, SW18 4AY
367,500
08/10/2010
278, Flat 301, Magdalen Road, SW18 3NY
375,000
08/10/2010
152, Flat, Balvernie Grove, SW18 5RW
410,500
08/10/2010
The Coach House, 254, Earlsfield Road, SW18 3DY
460,000
08/10/2010
13, Victoria Mews, SW18 3PY
590,000
08/10/2010
14, Tonsley Road, SW18 1BG
645,000
08/10/2010
7, Skelbrook Street, SW18 4EY
650,000
08/10/2010
61, Earlsfield Road, SW18 3DA
680,000
08/10/2010
22, Eglantine Road, SW18 2DD
805,000
08/10/2010
23, Gressenhall Road, SW18 1PQ
827,500
08/10/2010
Baltimore House, 118, Juniper Drive, SW18 1TT
549,950
07/10/2010
159, Penwith Road, SW18 4PZ
370,000
06/10/2010
86, Engadine Street, SW18 5DT
713,000
06/10/2010
8, Lion Gate Mews, SW18 5EN
492,000
05/10/2010
Parkview Court, 15, Flat 50, Broomhill Road, SW18 4JG
325,000
04/10/2010
35, Quinton Street, SW18 3QR
370,000
04/10/2010
27, Headington Road, SW18 3PR
460,000
04/10/2010
11, Flat 3, Point Pleasant, SW18 1PT
218,000
01/10/2010
Edwyn House, Flat 102, Neville Gill Close, SW18 4BW
220,000
01/10/2010
Morville House, Flat 33, Fitzhugh Grove, SW18 3SD
242,500
01/10/2010
20, Flat 26, Granville Road, SW18 5SL
245,000
01/10/2010
128, First Floor Flat, Revelstoke Road, SW18 5PA
249,500
01/10/2010
15, Crowthorne Close, SW18 5RX
250,000
01/10/2010
3b, Delia Street, SW18 2BT
265,000
01/10/2010
128a, Penwith Road, SW18 4QE
310,000
01/10/2010
4, Flat 1, Huguenot Place, SW18 2EN
335,000
01/10/2010
30, First And Second Floor Maisonette, Trefoil Road, SW18 2EQ
395,150
01/10/2010
3a, Cromford Road, SW18 1NZ
422,500
01/10/2010
51a, Wimbledon Park Road, SW18 5SJ
427,500
01/10/2010
21, Jessica Road, SW18 2QL
467,500
01/10/2010
18, Camborne Road, SW18 4BJ
487,000
01/10/2010
102, St Anns Hill, SW18 2RR
500,000
01/10/2010
24, Freshford Street, SW18 3TF
600,000
01/10/2010
16, Marcilly Road, SW18 2HS
675,000
01/10/2010
53, Loxley Road, SW18 3LL
1,290,000
01/10/2010

 

Copyright notice: All figures in this article are based on data released by the Land Registry. The numbers are derived from analysis performed by wandsworthsw18.com. Any use of these numbers should jointly attribute the Land Registry and wandsworthsw18.com.

April 5, 2011

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