Wandsworth Property Sales - January 2011

Recent transactions suggest home values have made strong start the year

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The latest official data suggests that the local property market has made a strong start to the year. Sales reported so far in 2011 to the Land Registry show an average price of £518,275. This is well above the levels seen at the end of last year which were boosted by the sales of some exceptionally high value properties.

The average remains below the peaks seen in the Summer of 2010. Ten properties have been sold for £1,000,000 or more so far this year.

According to the Land Registry London property prices are up by 3.2% in February compared to last year. Prices were down marginally on the previous month. This is still highest level in the country with the North East seeing prices fall by 7.1% in the same period. Nationally prices fell by 1.7% in February 2011 compared with February 2010.

This brings the average property price to £341,048, in comparison to the figure for England and Wales, which is £162,215.

Longer term London has also significantly outperformed the rest of the country according to the Nationwide House Price Index, with prices up 17% over the last five years. This compares to a modest 1.3% increase across the UK as a whole. Over the same period, the North was the worst performing region, with prices down 7.8%.

Commenting on the figures, Robert Gardner, Nationwide's Chief Economist, said, “Demand for homes has levelled out, supported by historically low interest rates and some stabilisation in the labour market. The continued uncertain outlook for the economy is likely to keep many potential buyers on the sidelines for some time yet. “Nevertheless, there are few signs of a glut of unsold homes building up on the market. Sellers remain reluctant to accept lower prices to secure a sale. In fact there are tentative signs that the volume of homes coming onto the market is slowing.”

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 - January 2011

Address
Price (£)
Deed Date
Windsor Court, 22, Flat 13, Frogmore, SW18 1HJ
235,000
31/01/2011
81, The Upper Flat At, Haldon Road, SW18 1QF
410,000
31/01/2011
29a, Farlton Road, SW18 3BJ
280,000
31/01/2011
Spencer Court House, 47 - 49, Flat 8, North Side Wandsworth Common, SW18 2ST
362,500
31/01/2011
Spencer Court House, 47 - 49, Flat 8, North Side Wandsworth Common, SW18 2ST
362,500
31/01/2011
30, Spencer Road, SW18 2SW
1,175,000
31/01/2011
8, St Anns Park Road, SW18 2RW
650,000
31/01/2011
160, Godley Road, SW18 3HE
262,000
31/01/2011
152, Clonmore Street, SW18 5HB
680,000
31/01/2011
Ascensis Tower, 11, Juniper Drive, SW18 1AY
690,000
28/01/2011
Mandel House, Apartment 101, Eastfields Avenue, SW18 1JU
860,000
28/01/2011
5, Flat 1, Trefoil Road, SW18 2EG
435,000
28/01/2011
54a, Waldron Road, SW18 3TD
265,000
28/01/2011
50, Waldron Road, SW18 3TD
309,000
28/01/2011
38a, Duntshill Road, SW18 4QL
375,000
28/01/2011
43, Godley Road, SW18 3HB
288,000
28/01/2011
87, Wimbledon Park Road, SW18 5TT
630,000
28/01/2011
49, Fullerton Road, SW18 1BU
761,500
28/01/2011
45, Fullerton Road, SW18 1BU
725,000
28/01/2011
41, Ringford Road, SW18 1RP
770,000
28/01/2011
19, Berisford Mews, SW18 2LW
420,000
28/01/2011
63, Melody Road, SW18 2QW
1,240,000
28/01/2011
107, Swaby Road, SW18 3PH
455,000
28/01/2011
Anchor House, Flat 436, Smugglers Way, SW18 1EX
329,000
27/01/2011
96, Apartment 1, Garratt Lane, SW18 4DH
215,000
27/01/2011
161, Heythorp Street, SW18 5BT
740,000
27/01/2011
6, Westover Road, SW18 2RG
4,095,000
26/01/2011
44, Collamore Avenue, SW18 3JT
1,250,000
26/01/2011
2, Huguenot Place, SW18 2EN
775,000
26/01/2011
4a, Jeypore Road, SW18 2RJ
282,000
26/01/2011
29, Spanish Road, SW18 2HY
242,500
24/01/2011
39e, Earlsfield Road, SW18 3DB
262,000
24/01/2011
8, Godley Road, SW18 3HD
330,000
24/01/2011
39, Birdhurst Road, SW18 1AR
430,000
21/01/2011
Ensign House, Flat 14, Juniper Drive, SW18 1TA
337,500
21/01/2011
19, Dounesforth Gardens, SW18 4QP
249,995
21/01/2011
23, Trentham Street, SW18 5AS
315,000
21/01/2011
20, Flat 6, Granville Road, SW18 5SL
268,000
21/01/2011
27, Godley Road, SW18 3HB
285,000
21/01/2011
29, Thorndean Street, SW18 4HE
620,000
21/01/2011
31, Dalby Road, SW18 1AW
665,000
21/01/2011
14, Wilna Road, SW18 3BA
432,500
21/01/2011
7, Ravensbury Terrace, SW18 4RL
605,000
21/01/2011
161, Elsenham Street, SW18 5NZ
575,000
21/01/2011
18, Turenne Close, SW18 1JW
300,000
19/01/2011
125, Ravensbury Road, SW18 4RY
450,000
19/01/2011
74, Swaby Road, SW18 3QZ
381,000
19/01/2011
66, Bowman Mews, SW18 5TN
215,000
18/01/2011
7b, Crealock Street, SW18 2BS
243,000
18/01/2011
198, Ground Floor Flat, Revelstoke Road, SW18 5NW
318,000
18/01/2011
Compass House, Flat 223, Smugglers Way, SW18 1DQ
340,000
14/01/2011
27, Wandle Way, SW18 4UJ
230,000
14/01/2011
12a, Trentham Street, SW18 5AT
285,000
14/01/2011
20, Flat 32, Granville Road, SW18 5SL
225,000
14/01/2011
22, Flat 3, Earlsfield Road, SW18 3DN
247,000
14/01/2011
46, Fieldview, SW18 3HG
305,000
14/01/2011
310, Flat 2, Earlsfield Road, SW18 3EH
285,000
14/01/2011
12, Whitelands Crescent, SW18 5QY
985,000
14/01/2011
62, Bartholomew Close, SW18 1JQ
340,000
14/01/2011
115, Ravensbury Road, SW18 4RY
410,000
14/01/2011
111, Ravensbury Road, SW18 4RY
600,000
14/01/2011
76, Engadine Street, SW18 5DA
520,000
14/01/2011
25, Trentham Street, SW18 5AS
333,000
13/01/2011
11, Flat 61, Point Pleasant, SW18 1PT
107,500
12/01/2011
Milliners House, 404, Eastfields Avenue, SW18 1LP
552,000
12/01/2011
53a, Cicada Road, SW18 2NN
435,000
12/01/2011
72a, Aslett Street, SW18 2BH
315,000
11/01/2011
156, Earlsfield Road, SW18 3DT
415,000
11/01/2011
23, Flat 7, Hardwicks Square, SW18 4AH
240,000
10/01/2011
472, Merton Road, SW18 5AE
403,000
10/01/2011
478, Merton Road, SW18 5AE
675,000
07/01/2011
39, Elsynge Road, SW18 2HR
1,100,000
07/01/2011
27, Titchwell Road, SW18 3LW
1,385,000
07/01/2011
17, Merton Road, SW18 5ST
455,000
07/01/2011
17, Killarney Road, SW18 2DU
870,000
07/01/2011
25, Eglantine Road, SW18 2DE
1,295,000
07/01/2011
18, Jessica Road, SW18 2QN
940,000
07/01/2011
48, Wilna Road, SW18 3BA
580,000
07/01/2011
13, Camborne Road, SW18 4BH
535,000
07/01/2011
137, Ravensbury Road, SW18 4RY
514,000
07/01/2011
82, Strathville Road, SW18 4RB
500,000
04/01/2011

 

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.

June 8, 2011

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