Wandsworth Property Sales - September 2014
Average price in SW18 remains above the £700,000 mark
Property prices in Wandsworth appear to have slipped back from the peak levels seen during the Summer months according to the latest official figures.
There were 87 homes sold in the SW18 post code area in the month of September according to the Land Registry. The average price of these sales was £710,891 which is one of the highest monthly averages on record but below the levels seen in July and August.
Fifteen of the properties sold went for over one million pounds with the highest price paid being for a flat in Juniper House on Juniper Drive which changed hands for £2,000,000.
London property prices generally are up by 18.4% to £460,521 in the year to end September according to the Land Registry although they are slightly down from the level seen at the end of August. The a average house price in England and Wales is now £177,299 compared with the peak of £181,324 in November 2007. This is a rise of 7.2% compared with the same month last year.
The most up-to-date figures available show that during July 2014 the number of completed house sales in England & Wales increased by 7 per cent to 79,214 compared with 73,749 in July 2013. The number of properties sold in England and Wales for over £1 million in July 2014 increased by 19 per cent to 1,439 from 1,207 in July 2013.
The Royal Institution of Chartered Surveyors (RICS) are striking a cautious note pointing out that demand for property in London has been down for six months in a row. Prices are also falling in more recent months according to their survey which covers sales up to the end of October.
London is experiencing a fall in buyer demand with 62% more chartered surveyors reporting a fall over the last month. Significantly, a little more stock is now coming onto the market with 15% more chartered surveyors seeing a rise in new instructions up from 3% more last month. The RICS say that this points to the market in London moving towards a more sustainable position and they remain modestly positive on a twelve month view.
In London, tenant demand was broadly flat over the last quarter. Despite this, rents are still expected to continue to move higher albeit by a little less than 2 per cent over the next twelve months.
Simon Rubinsohn, RICS Chief Economist, said, 'The flatter trend in the market is partly a reflection of potential buyers becoming a little more cautious about making a purchase as more stringent lending criteria has made it harder to access mortgage finance. An increasing awareness of the approaching general election also appears to be contributing to the softer market if the responses to the latest survey are anything to go by. However, with new instructions still flat at a headline level as has been the case for most of the last year it seems implausible that the dip in demand will result in very much of a decline in house prices.'
If your agent is claiming to be marketing your property effectively and it doesn't appear on WandsworthSW18.com it may be time to choose a new agent.
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 Wandsworth SW18 - September 2014 |
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|---|---|---|
| Deed date | Address | Price (£) |
| 30/09/2014 | 19a Astonville Street, SW18 5AN | 715,000 |
| 30/09/2014 | 224 Merton Road, SW18 5JG | 650,000 |
| 30/09/2014 | Flat B, 329 Earlsfield Road, SW18 3DG | 520,000 |
| 30/09/2014 | Apartment 206, 3 Eastfields Avenue, SW18 1GN | 200,000 |
| 29/09/2014 | 7 Bloomsbury Place, SW18 2JB | 397,500 |
| 29/09/2014 | Flat 5, Windsor Court, 20 Frogmore, SW18 1HJ | 380,000 |
| 29/09/2014 | 77b Aslett Street, SW18 2BE | 315,000 |
| 26/09/2014 | 8 Tonsley Street, SW18 1BJ | 1,200,000 |
| 26/09/2014 | 161 Heythorp Street, SW18 5BT | 1,175,000 |
| 26/09/2014 | 18 Trewint Street, SW18 4HA | 1,100,000 |
| 26/09/2014 | Flat 7, Elsynge Road Mansions 21-23, Elsynge Road, SW18 2HP | 740,000 |
| 26/09/2014 | 79a Melody Road, SW18 2QQ | 710,000 |
| 26/09/2014 | Flat 406, Anchor House, Smugglers Way, SW18 1EN | 700,000 |
| 26/09/2014 | Flat 3, 69 Melrose Road, SW18 1PG | 420,000 |
| 25/09/2014 | 103 Jasmine House, Juniper Drive, SW18 1GL | 2,000,000 |
| 25/09/2014 | 56 Strathville Road, SW18 4RB | 895,000 |
| 25/09/2014 | 23 Balvernie Grove, SW18 5RR | 830,000 |
| 25/09/2014 | 36 Frogmore, SW18 1HJ | 700,000 |
| 25/09/2014 | 145-147, 145 Replingham Road, SW18 5LX | 590,000 |
| 25/09/2014 | Ground Floor Flat, 29 Steerforth Street, SW18 4HF | 427,750 |
| 24/09/2014 | 41 Lyford Road, SW18 3LU | 492,500 |
| 24/09/2014 | First Floor Flat, 106 Earlsfield Road, SW18 3DR | 315,000 |
| 23/09/2014 | 2 Clonmore Street, SW18 5EX | 1,137,500 |
| 23/09/2014 | 93 Jasmine House, Juniper Drive, SW18 1GL | 740,000 |
| 23/09/2014 | Flat 1, 7 Windmill Road, SW18 2EU | 420,000 |
| 23/09/2014 | Lower Maisonette At, 23 Atheldene Road, SW18 3BN | 392,500 |
| 23/09/2014 | 41 Linstead Way, SW18 5QA | 302,000 |
| 22/09/2014 | 64 Tilehurst Road, SW18 3ET | 532,500 |
| 22/09/2014 | Flat 17, Morville House, Fitzhugh Grove, SW18 3SD | 390,000 |
| 19/09/2014 | 23 Titchwell Road, SW18 3LW | 1,887,500 |
| 19/09/2014 | 31a Astonville Street, SW18 5AN | 700,000 |
| 19/09/2014 | Flat 101, Dolphin House, Smugglers Way, SW18 1DG | 625,000 |
| 19/09/2014 | 115 Brookwood Road, SW18 5BG | 515,500 |
| 19/09/2014 | 20 Carmichael Mews, SW18 3HJ | 480,000 |
| 17/09/2014 | 269 Earlsfield Road, SW18 3DF | 882,000 |
| 17/09/2014 | 20 Farlton Road, SW18 3BL | 751,000 |
| 16/09/2014 | Garden Flat, 4 Spencer Road, SW18 2SW | 850,000 |
| 16/09/2014 | 606 Coptain House, Eastfields Avenue, SW18 1JX | 850,000 |
| 16/09/2014 | Apartment 10, 33 Osiers Road, SW18 1NL | 540,000 |
| 16/09/2014 | 23a Penwith Road, SW18 4PU | 500,000 |
| 16/09/2014 | 71 Westover Road, SW18 2RF | 480,000 |
| 16/09/2014 | Flat 527, Omega Building, Smugglers Way, SW18 1AZ | 450,000 |
| 16/09/2014 | Flat 16, Walton House, 131 Merton Road, SW18 5EJ | 350,000 |
| 16/09/2014 | Flat 7, Lambeth Court, Frogmore, SW18 1HN | 330,000 |
| 16/09/2014 | Flat 5, 88 Garratt Lane, SW18 4DB | 240,000 |
| 15/09/2014 | 88 Jasmine House, Juniper Drive, SW18 1GL | 1,630,550 |
| 15/09/2014 | 35 Dalby Road, SW18 1AW | 1,200,000 |
| 15/09/2014 | 1a Avening Terrace, SW18 4PL | 625,000 |
| 15/09/2014 | 26a Trewint Street, SW18 4HB | 550,000 |
| 15/09/2014 | 11 Steerforth Street, SW18 4HH | 520,000 |
| 15/09/2014 | Flat 475, Omega Building, Smugglers Way, SW18 1AZ | 165,000 |
| 12/09/2014 | 56a Waldron Road, SW18 3TD | 666,666 |
| 12/09/2014 | 161-163, 161 Replingham Road, SW18 5LY | 442,000 |
| 12/09/2014 | Flat 30, 17 Hardwicks Way, SW18 4AG | 375,000 |
| 12/09/2014 | 41 Willow Tree Close, SW18 3EL | 285,000 |
| 11/09/2014 | 7 Tonsley Place, SW18 1BH | 1,425,000 |
| 11/09/2014 | 51 Tonsley Hill, SW18 1BW | 1,125,000 |
| 11/09/2014 | 40, Commodore House, Juniper Drive, SW18 1TW | 720,000 |
| 11/09/2014 | 88 Balvernie Grove, SW18 5RP | 595,000 |
| 11/09/2014 | 168 Merton Road, SW18 5SP | 468,000 |
| 10/09/2014 | 6 Southfields Road, SW18 1QN | 925,000 |
| 09/09/2014 | 66 Penwith Road, SW18 4QD | 487,500 |
| 08/09/2014 | Flat 63, Prospect Quay, 98 Point Pleasant, SW18 1PR | 500,000 |
| 05/09/2014 | 18 Trefoil Road, SW18 2EQ | 1,380,000 |
| 05/09/2014 | 46 Granville Road, SW18 5SQ | 1,320,000 |
| 05/09/2014 | 17 Galesbury Road, SW18 2RL | 999,999 |
| 05/09/2014 | 9 Elborough Street, SW18 5DP | 925,000 |
| 05/09/2014 | 24 Horizon House, Juniper Drive, SW18 1GH | 750,000 |
| 05/09/2014 | Flat 63, Flotilla House, Juniper Drive, SW18 1FX | 660,000 |
| 05/09/2014 | 29, Kingfisher House, Juniper Drive, SW18 1TX | 635,000 |
| 05/09/2014 | 62 Bartholomew Close, SW18 1JQ | 577,500 |
| 05/09/2014 | Flat 517, Omega Building, Smugglers Way, SW18 1AZ | 495,000 |
| 05/09/2014 | 12 Steerforth Street, SW18 4HH | 445,000 |
| 05/09/2014 | Flat 105, Voltaire Buildings, 330 Garratt Lane, SW18 4FR | 389,950 |
| 05/09/2014 | Flat B, 11 Wimbledon Park Road, SW18 1LS | 355,000 |
| 05/09/2014 | 49 Willow Tree Close, SW18 3EL | 280,000 |
| 03/09/2014 | 24 Dempster Road, SW18 1AT | 1,325,000 |
| 03/09/2014 | 108 Lavenham Road, SW18 5HF | 1,050,000 |
| 03/09/2014 | 81 Engadine Street, SW18 5DU | 950,000 |
| 03/09/2014 | 34 Linstead Way, SW18 5QA | 445,500 |
| 02/09/2014 | Apartment 301, Mandel House, Eastfields Avenue, SW18 1JU | 1,280,000 |
| 02/09/2014 | 158 Engadine Street, SW18 5DT | 1,230,000 |
| 02/09/2014 | 119 Lavenham Road, SW18 5ER | 1,018,578 |
| 02/09/2014 | 55 Granville Road, SW18 5SE | 830,000 |
| 01/09/2014 | 28 Waynflete Street, SW18 3QE | 985,000 |
| 01/09/2014 | 63 Bassingham Road, SW18 3AF | 600,000 |
| 01/09/2014 | 56, Voltaire Buildings, 330 Garratt Lane, SW18 4FQ | 398,000 |
Copyright notice: All figures in this article are based on data released by the Land Registry. The numbers are derived from analysis performed by wandsworthsw18.com. Any use of these numbers should jointly attribute the Land Registry and wandsworthsw18.com.
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