Further retracement in local home values
The average price of a property sold in the SW18 post code area during September was £517,900. This is down on the previous month when prices averaged £533,837 and earlier in the Summer when the average briefly moved above £600,000.
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.
Seven properties changed hands for over a million pounds during the month including 2 that went for over two million pounds.
For London as a whole the Land Registry data shows an increase of 8.8% in September over the same month in 2009. The average price of a London residential properly is now £340,344. This is the smallest annual rise since December 2009. Compared to August prices fell by 0.6%
The Nationwide's House Price index is suggesting a lower overall increase in prices than the Land Registry. This is based on offer prices for homes rather than achieved sale prices. Martin Gahbauer, Nationwide's Chief Economist, said, "October saw a continuation of the modest downward trend in house prices that began at the start of the summer. The average price of a typical UK property edged down by a seasonally adjusted 0.7% month-on month
in October."
He now thinks that a second round of quantitative easing will be supportive for the property market.
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 - September 2010
| Address | Price (£) | Deed Date |
| Stables Yard 25b, 2, Southfields Road, SW18 1QW | 500,000 |
30/09/2010 |
| 38, Knoll Road, SW18 2DF | 760,000 |
30/09/2010 |
| 38, Knoll Road, SW18 2DF | 760,000 |
30/09/2010 |
| 98, Elborough Street, SW18 5DL | 625,500 |
30/09/2010 |
| 36, Lavenham Road, SW18 5HA | 710,000 |
30/09/2010 |
| 85, Revelstoke Road, SW18 5NL | 498,500 |
30/09/2010 |
| 43a, Replingham Road, SW18 5LT | 260,000 |
30/09/2010 |
| 48, Merton Road, SW18 5SS | 582,500 |
30/09/2010 |
| 4, Denton Street, SW18 2JR | 249,950 |
30/09/2010 |
| 42, Herondale Avenue, SW18 3JL | 2,125,000 |
30/09/2010 |
| 55, Bartholomew Close, SW18 1JG | 235,000 |
29/09/2010 |
| 22, Vanderbilt Road, SW18 3BQ | 249,995 |
29/09/2010 |
| 144, Godley Road, SW18 3HE | 300,000 |
28/09/2010 |
| 19, Flat 1, Rosehill Road, SW18 2NY | 425,000 |
28/09/2010 |
| 34, Bramford Road, SW18 1AP | 725,000 |
27/09/2010 |
| 35, Longfield Street, SW18 5RD | 480,000 |
27/09/2010 |
| Dolphin House, Flat 40, Smugglers Way, SW18 1DF | 320,000 |
27/09/2010 |
| 24, Strathan Close, SW18 1PW | 216,000 |
27/09/2010 |
| 43, Aslett Street, SW18 2BE | 247,000 |
27/09/2010 |
| 116, Swaby Road, SW18 3QZ | 366,000 |
27/09/2010 |
| 20, Ground Floor Flat, Strathville Road, SW18 4QZ | 345,000 |
27/09/2010 |
| 43, Fairfield Street, SW18 1DX | 395,000 |
24/09/2010 |
| 4, Haldon Road, SW18 1QB | 570,000 |
24/09/2010 |
| 48, Cargill Road, SW18 3EB | 305,000 |
24/09/2010 |
| 94a, Ellerton Road, SW18 3NJ | 1,050,000 |
24/09/2010 |
| 181, Wimbledon Park Road, SW18 5RH | 700,000 |
24/09/2010 |
| 242, Flat 2, Trinity Road, SW18 3RQ | 310,500 |
24/09/2010 |
| 63, Flat 5, Putney Bridge Road, SW18 1PD | 425,000 |
24/09/2010 |
| 54, Bodmin Street, SW18 4PT | 385,000 |
24/09/2010 |
| 45, Clonmore Street, SW18 5ET | 615,000 |
24/09/2010 |
| 88, Girdwood Road, SW18 5QT | 1,107,500 |
24/09/2010 |
| 36, Jessica Road, SW18 2QN | 955,000 |
23/09/2010 |
| 41, Bucharest Road, SW18 3AS | 596,000 |
23/09/2010 |
| 15a, Birdhurst Road, SW18 1AR | 395,000 |
23/09/2010 |
| Coleman Court, Flat 128, Kimber Road, SW18 4PB | 178,000 |
23/09/2010 |
| Milliners House, 103, Eastfields Avenue, SW18 1LP | 543,000 |
22/09/2010 |
| 86, Aslett Street, SW18 2BQ | 335,000 |
22/09/2010 |
| 45, Tilehurst Road, SW18 3EU | 592,500 |
22/09/2010 |
| 38, Sudlow Road, SW18 1HP | 575,000 |
21/09/2010 |
| 82a, Geraldine Road, SW18 2NL | 331,200 |
21/09/2010 |
| 27, Flat 29, Hardwicks Square, SW18 4AL | 318,500 |
21/09/2010 |
| 8, Bucharest Road, SW18 3AR | 450,000 |
20/09/2010 |
| 92, Arnal Crescent, SW18 5PY | 295,000 |
20/09/2010 |
| 18a, Quinton Street, SW18 3QS | 430,000 |
20/09/2010 |
| 159, Earlsfield Road, SW18 3DD | 850,000 |
17/09/2010 |
| 78, Tilehurst Road, SW18 3ET | 320,000 |
17/09/2010 |
| 67, Nantes Close, SW18 1JL | 245,000 |
17/09/2010 |
| 32, Denton Street, SW18 2JR | 275,000 |
17/09/2010 |
| 68a, Swaby Road, SW18 3QZ | 396,000 |
17/09/2010 |
| 19, Skelbrook Street, SW18 4EZ | 249,000 |
17/09/2010 |
| 157, Penwith Road, SW18 4PZ | 312,500 |
17/09/2010 |
| 5, Heath Villas, SW18 3EA | 545,000 |
16/09/2010 |
| Charterhouse Apartments, 21, 5, Eltringham Street, SW18 1AU | 375,000 |
16/09/2010 |
| 145, Ground Floor Flat, Earlsfield Road, SW18 3DD | 365,000 |
16/09/2010 |
| 197a, Garratt Lane, SW18 4DR | 332,000 |
16/09/2010 |
| 43, Elborough Street, SW18 5DP | 755,000 |
15/09/2010 |
| 63, Godley Road, SW18 3HB | 315,000 |
15/09/2010 |
| 62, First Floor Flat, Tranmere Road, SW18 3QJ | 288,000 |
15/09/2010 |
| 68, Combemartin Road, SW18 5PR | 899,950 |
15/09/2010 |
| 149, Heythorp Street, SW18 5BT | 680,000 |
14/09/2010 |
| 35, Swanage Road, SW18 2DZ | 730,000 |
10/09/2010 |
| 112, Elborough Street, SW18 5DL | 587,000 |
10/09/2010 |
| 87, Lavenham Road, SW18 5ES | 521,851 |
10/09/2010 |
| 16, Strickland Row, SW18 3JD | 335,000 |
10/09/2010 |
| 44, Cargill Road, SW18 3EB | 325,000 |
10/09/2010 |
| 343, Flat B, Garratt Lane, SW18 4DX | 220,000 |
10/09/2010 |
| Retreat Apartments, 8, 16, Furmage Street, SW18 4BF | 270,000 |
10/09/2010 |
| 150, Wimbledon Park Road, SW18 5UG | 600,000 |
10/09/2010 |
| Charterhouse Apartments, 17, Eltringham Street, SW18 1AU | 315,000 |
09/09/2010 |
| 32, Flat 3, Merton Road, SW18 1QX | 235,000 |
09/09/2010 |
| 52, Bodmin Street, SW18 4PT | 400,000 |
09/09/2010 |
| 13, Lavenham Road, SW18 5EZ | 637,500 |
08/09/2010 |
| 24a, Trewint Street, SW18 4HB | 317,500 |
08/09/2010 |
| 128, Melody Road, SW18 2QG | 195,000 |
08/09/2010 |
| 46, Quinton Street, SW18 3QS | 364,600 |
08/09/2010 |
| 20, Quarry Road, SW18 2QJ | 960,000 |
07/09/2010 |
| 2b, Herndon Road, SW18 2DG | 450,000 |
07/09/2010 |
| 9, Whitelands Crescent, SW18 5QY | 955,000 |
06/09/2010 |
| 20, Wincanton Road, SW18 5TY | 565,000 |
03/09/2010 |
| 14, Dault Road, SW18 2NQ | 685,000 |
03/09/2010 |
| 66b, North Side Wandsworth Common, SW18 2SH | 1,100,000 |
03/09/2010 |
| 35, Atheldene Road, SW18 3BN | 575,000 |
03/09/2010 |
| 10, Bowman Mews, SW18 5TN | 364,250 |
03/09/2010 |
| 1a, Mountbatten Mews, SW18 3DH | 282,500 |
03/09/2010 |
| Dolphin House, Flat 14, Smugglers Way, SW18 1DE | 215,000 |
03/09/2010 |
| 88, Godley Road, SW18 3HD | 280,000 |
03/09/2010 |
| 280, Flat 2, Trinity Road, SW18 3RG | 385,000 |
03/09/2010 |
| St Quentin House, Flat 1, Fitzhugh Grove, SW18 3SE | 155,000 |
03/09/2010 |
| 529b, Garratt Lane, SW18 4SR | 210,000 |
03/09/2010 |
| 12, Routh Road, SW18 3SW | 2,825,000 |
03/09/2010 |
| 2, Broadgates Road, SW18 3NL | 1,285,000 |
03/09/2010 |
| 58, Ravensbury Road, SW18 4RZ | 525,000 |
01/09/2010 |
| 39, Arcadian Place, SW18 5JF | 785,000 |
01/09/2010 |
| 108, Pirbright Road, SW18 5NA | 552,000 |
01/09/2010 |
| 9a, Quinton Street, SW18 3QR | 407,500 |
01/09/2010 |
| 44, Penwith Road, SW18 4QD | 311,000 |
01/09/2010 |
| 140, Penwith Road, SW18 4QB | 270,500 |
01/09/2010 |
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