Month sees sharp drop in prices for the area
The average price of a property sold in the SW18 post code area during August was £533,807.
This is significantly below the previous levels, the average was above £600,000, in July. Although the volume of properties changing hands was high, it is difficult to reach a general conclusion about the direction of the market based on just one month's sales.
Average prices in London as a whole were up by 0.9% in August according to the Land Registry, which brings them to £345,734. This is the sixth month in a row in which the capital's monthly movement has been greater than zero. Compared to August last year prices are up by 11.4% the strongest annual growth experienced by any region in England and Wales.
The Land Registry's House Price Index for August was up by 0.3% the fifth month in a row in which the movement has been positive. This changes the average property value in England and Wales to £167,423. The annual house price change has now remained positive for ten consecutive months, with a movement of 6.7% in August.
More recent figures from the Halifax House Price Index suggest that home values nationally fell back during September. These numbers are based on offer prices rather than actual achieved sale prices.
Commenting on the Halifax House Price Index, Simon Rubinsohn, Royal Institution of Chartered Surveyors chief economist said, “The latest numbers from Halifax provide further evidence that house prices are easing after the strong gains seen through the latter part of 2009 and the early part of 2010. That said, the 3.6 per cent drop in this index in September undoubtedly highlights the extent of the softer trend in prices. On a month by month basis, house prices are always going to display a degree of volatility and in an environment in which transactions activity is subdued this is going to be even more pronounced."
He added, “RICS expects prices to slip a little further over the coming months, but despite the prospect of public spending cuts we believe the risk of large house price falls remains relatively limited.”
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 - August 2010
| Address | Price (£) | Deed Date |
| 15, Crieff Road, SW18 2EB | 1,355,000 |
31/08/2010 |
| 111, Astonville Street, SW18 5AQ | 672,500 |
31/08/2010 |
| 46, Elborough Street, SW18 5DN | 680,000 |
31/08/2010 |
| 23, Nantes Close, SW18 1JL | 240,000 |
31/08/2010 |
| Ensign House, Flat 45, Juniper Drive, SW18 1TA | 490,000 |
31/08/2010 |
| 28, Alma Road, SW18 1AB | 900,000 |
27/08/2010 |
| 50, Tonsley Hill, SW18 1BB | 660,000 |
27/08/2010 |
| 36, Brocklebank Road, SW18 3AU | 700,000 |
27/08/2010 |
| 110, Strathville Road, SW18 4RE | 496,000 |
27/08/2010 |
| 20a, Cargill Road, SW18 3EB | 350,000 |
27/08/2010 |
| Tower Court, Flat 33, Frogmore, SW18 1HL | 360,000 |
27/08/2010 |
| 9, Flat 3, Melrose Road, SW18 1ND | 274,000 |
27/08/2010 |
| 13 - 16, Marcus Street, SW18 2JT | 310,000 |
27/08/2010 |
| Barmouth Court, Flat A, Barmouth Road, SW18 2DW | 250,000 |
27/08/2010 |
| 153, St Anns Hill, SW18 2RX | 356,000 |
27/08/2010 |
| 28, Whitelands Crescent, SW18 5QY | 445,000 |
27/08/2010 |
| 19, Ringford Road, SW18 1RP | 685,000 |
26/08/2010 |
| 14, Lyminge Gardens, SW18 3JS | 820,000 |
26/08/2010 |
| 33, Tranmere Road, SW18 3QH | 715,000 |
26/08/2010 |
| 106, Pirbright Road, SW18 5NA | 550,000 |
26/08/2010 |
| 40c, Lyford Road, SW18 3LS | 250,000 |
26/08/2010 |
| Ascensis Tower, 38, Juniper Drive, SW18 1AY | 1,500,000 |
26/08/2010 |
| 278, Flat 307, Magdalen Road, SW18 3NY | 373,000 |
26/08/2010 |
| 107a, Twilley Street, SW18 4NW | 290,750 |
26/08/2010 |
| 147, Wimbledon Park Road, SW18 5TU | 727,500 |
25/08/2010 |
| 21, Amerland Road, SW18 1PX | 710,000 |
25/08/2010 |
| 42, Amerland Road, SW18 1PZ | 475,000 |
25/08/2010 |
| 27, Ravensbury Road, SW18 4SA | 278,000 |
25/08/2010 |
| 39, Clonmore Street, SW18 5EU | 320,000 |
25/08/2010 |
| 148, Flat 2, Merton Road, SW18 5SP | 180,000 |
25/08/2010 |
| 34, Freshford Street, SW18 3TF | 560,000 |
24/08/2010 |
| 61, Flat 3, Putney Bridge Road, SW18 1NG | 410,000 |
24/08/2010 |
| 46a, Quinton Street, SW18 3QS | 370,000 |
24/08/2010 |
| 14a, Jeypore Road, SW18 2RJ | 565,000 |
24/08/2010 |
| 12, Southfields Road, SW18 1QN | 645,000 |
23/08/2010 |
| 2a, West Hill, SW18 1SB | 230,000 |
23/08/2010 |
| Domelton House, Flat 30, Iron Mill Road, SW18 2AF | 222,000 |
23/08/2010 |
| 20b, Treport Street, SW18 2BP | 274,750 |
23/08/2010 |
| 51, Bramford Road, SW18 1AP | 635,000 |
20/08/2010 |
| 74, Melody Road, SW18 2QF | 700,000 |
20/08/2010 |
| 25, Dingwall Road, SW18 3AZ | 580,000 |
20/08/2010 |
| 122, Trentham Street, SW18 5DJ | 583,000 |
20/08/2010 |
| 154, Clonmore Street, SW18 5HB | 735,000 |
20/08/2010 |
| Coptain House, Apartment 604, Eastfields Avenue, SW18 1JX | 635,000 |
20/08/2010 |
| 27, Ground Floor Flat, Trewint Street, SW18 4HB | 266,880 |
20/08/2010 |
| Argento Tower, 61, Mapleton Road, SW18 4GA | 380,000 |
20/08/2010 |
| 12, Bell Drive, SW18 5PZ | 160,000 |
20/08/2010 |
| 278, Flat 210, Magdalen Road, SW18 3NY | 364,000 |
20/08/2010 |
| 3, Rosehill Road, SW18 2NY | 1,250,000 |
20/08/2010 |
| 19, Dighton Road, SW18 1AN | 737,587 |
19/08/2010 |
| Anchor House, Flat 378, Smugglers Way, SW18 1EL | 380,000 |
19/08/2010 |
| Merstone House, Flat 1, Borrodaile Road, SW18 2LF | 224,000 |
19/08/2010 |
| 60, Bucharest Road, SW18 3AR | 277,000 |
19/08/2010 |
| 205b, Wandsworth High Street, SW18 4JE | 140,000 |
19/08/2010 |
| 43, St Anns Crescent, SW18 2NG | 1,007,500 |
19/08/2010 |
| 51, Amerland Road, SW18 1QA | 720,000 |
18/08/2010 |
| Ascensis Tower, 27, Juniper Drive, SW18 1AY | 850,000 |
18/08/2010 |
| 18 - 21, Flat 18, Denton Street, SW18 2JR | 325,000 |
18/08/2010 |
| Ketley House, 65, Flat 23, Garratt Lane, SW18 4GR | 355,000 |
18/08/2010 |
| Coleman Court, Flat 91, Kimber Road, SW18 4PA | 174,500 |
18/08/2010 |
| 16, Duntshill Road, SW18 4QL | 285,000 |
18/08/2010 |
| 24, Haslemere Avenue, SW18 4RP | 500,000 |
17/08/2010 |
| 5f, Earlsfield Road, SW18 3DB | 272,500 |
17/08/2010 |
| Binstead House, 5, Flat 36, Vermont Road, SW18 2AD | 213,000 |
17/08/2010 |
| 10, Aspley Road, SW18 2DB | 715,000 |
16/08/2010 |
| 43, Dawnay Road, SW18 3PQ | 491,000 |
16/08/2010 |
| 54, Godley Road, SW18 3HD | 325,000 |
16/08/2010 |
| 3, St Anns Hill, SW18 2EZ | 325,000 |
16/08/2010 |
| 15, Herndon Road, SW18 2DQ | 336,252 |
16/08/2010 |
| 599, First Floor Flat B, Garratt Lane, SW18 4SU | 203,000 |
16/08/2010 |
| 258, Trinity Road, SW18 3RQ | 1,700,000 |
16/08/2010 |
| 43, Haldon Road, SW18 1QF | 667,500 |
13/08/2010 |
| 65a, Aslett Street, SW18 2BE | 612,000 |
13/08/2010 |
| 62, Trentham Street, SW18 5AR | 546,100 |
13/08/2010 |
| 29, Twilley Street, SW18 4NU | 580,000 |
13/08/2010 |
| 122, Strathville Road, SW18 4RE | 555,000 |
13/08/2010 |
| 204, Heythorp Street, SW18 5BU | 630,000 |
13/08/2010 |
| 303, Garden Flat, Trinity Road, SW18 3SN | 313,500 |
13/08/2010 |
| 56, Dawnay Road, SW18 3PG | 452,500 |
12/08/2010 |
| 179, Engadine Street, SW18 5DU | 710,000 |
12/08/2010 |
| 77, Revelstoke Road, SW18 5NL | 750,000 |
12/08/2010 |
| 76, Ravensbury Road, SW18 4RS | 452,500 |
12/08/2010 |
| 176, Heythorp Street, SW18 5BU | 725,000 |
12/08/2010 |
| 17, Algarve Road, SW18 3EQ | 282,000 |
12/08/2010 |
| 19a, Isis Street, SW18 3QL | 425,000 |
12/08/2010 |
| 96, Trentham Street, SW18 5DJ | 541,500 |
12/08/2010 |
| 120, Wimbledon Park Road, SW18 5UE | 520,000 |
11/08/2010 |
| 25a, Dempster Road, SW18 1AS | 430,000 |
11/08/2010 |
| 5, Smeaton Road, SW18 5JJ | 576,000 |
11/08/2010 |
| 8, Flat E, Tonsley Hill, SW18 1BB | 372,500 |
11/08/2010 |
| 100, Revelstoke Road, SW18 5PB | 370,000 |
11/08/2010 |
| 69, Melody Road, SW18 2QQ | 951,201 |
11/08/2010 |
| 4, Bucharest Road, SW18 3AR | 749,500 |
10/08/2010 |
| Coombe Villas, 4, Longfield Street, SW18 5RF | 540,000 |
10/08/2010 |
| 47, Standen Road, SW18 5TH | 551,000 |
10/08/2010 |
| Ketley House, 65, Flat 7, Garratt Lane, SW18 4GR | 307,500 |
10/08/2010 |
| 80a, Granville Road, SW18 5SG | 1,200,000 |
10/08/2010 |
| 61, Sutherland Grove, SW18 5QP | 920,000 |
10/08/2010 |
| 36, Acris Street, SW18 2QP | 825,000 |
09/08/2010 |
| Omega Building, Flat 476, Smugglers Way, SW18 1AZ | 248,500 |
09/08/2010 |
| 75, Ground Floor Flat At, Pirbright Road, SW18 5ND | 285,000 |
09/08/2010 |
| 124, Revelstoke Road, SW18 5PB | 395,000 |
09/08/2010 |
| 26, Eltringham Street, SW18 1TE | 457,500 |
06/08/2010 |
| 10, Swaffield Road, SW18 3AH | 550,000 |
06/08/2010 |
| 32, Eltringham Street, SW18 1TE | 339,000 |
06/08/2010 |
| 12, Vanderbilt Road, SW18 3BQ | 372,000 |
06/08/2010 |
| 215, Magdalen Road, SW18 3PB | 600,000 |
06/08/2010 |
| 60, Openview, SW18 3PD | 475,000 |
06/08/2010 |
| 168, Revelstoke Road, SW18 5PA | 715,000 |
06/08/2010 |
| 91, Clonmore Street, SW18 5HD | 588,555 |
06/08/2010 |
| 130, Elsenham Street, SW18 5NP | 784,000 |
06/08/2010 |
| 122, Godley Road, SW18 3HE | 315,000 |
06/08/2010 |
| 310, Flat 1-3, Earlsfield Road, SW18 3EH | 300,000 |
06/08/2010 |
| Compass House, Flat 204, Smugglers Way, SW18 1DQ | 388,500 |
06/08/2010 |
| 74a, Ellerton Road, SW18 3NN | 406,000 |
06/08/2010 |
| 1, Aslett Street, SW18 2BE | 352,500 |
06/08/2010 |
| 102, Sutherland Grove, SW18 5QW | 530,000 |
06/08/2010 |
| 56, Elsynge Road, SW18 2HN | 850,000 |
05/08/2010 |
| 93, First Floor Flat, Standen Road, SW18 5TR | 191,000 |
05/08/2010 |
| 71, West Hill Road, SW18 1LE | 2,250,000 |
05/08/2010 |
| 1c, Apartment 3, Osiers Road, SW18 1NL | 250,000 |
04/08/2010 |
| 43b, West Hill, SW18 1RB | 167,000 |
04/08/2010 |
| 20, Eltringham Street, SW18 1TE | 425,000 |
03/08/2010 |
| 17, Vanderbilt Road, SW18 3BG | 700,000 |
03/08/2010 |
| 303, Ground Floor Flat, Trinity Road, SW18 3SN | 282,000 |
03/08/2010 |
| 15, Ground Floor Flat, Atheldene Road, SW18 3BN | 279,000 |
03/08/2010 |
| Kingfisher House, 83, Juniper Drive, SW18 1TY | 460,000 |
03/08/2010 |
| 15, Bucharest Road, SW18 3AS | 622,000 |
02/08/2010 |
| 66, Melody Road, SW18 2QF | 1,475,000 |
02/08/2010 |
| 137, Revelstoke Road, SW18 5NN | 635,000 |
02/08/2010 |
| 85, Ravensbury Road, SW18 4RX | 285,000 |
02/08/2010 |
| 130, Revelstoke Road, SW18 5PA | 400,000 |
02/08/2010 |
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.
January 19, 2011