Surge in transactions to beat stamp duty deadline
After a quiet start to the year property sales in Wandsworth have seen a recovery as a rush developed to avoid increased Stamp Duty.
Unlike the expectation of many local estate agents much of this activity took place at the top end of the market rather than in flats more traditionally associated with buy-to-let activity.
There were 163 properties reported to the Land Registry as being sold during the month of March in the SW18 post code area. The average price was £773,485 easily the highest monthly average on record.
In the last week before the end of the month five properties were sold for over £3,000,000 including one on Spencer Road which went for £5,300,000 making it the third most expensive home in the area.
The Land Registry’s March data for London shows a 13.9% rise over the last year to £534,785. This is higher than any other part of the country and makes London average twice the average for any other part of the country including the South East.
Annual growth of 6.7% in March brings the average house price in England and Wales to £189,901.
The latest survey by the Royal Institution of Chartered Surveyors (RICS) has revealed that growth in the private and public housing sectors in London slowed down considerably. Private housing workloads rose at their slowest pace since Q4 2012, with only 20% more of those working in the sector reporting a rise in activity rather than a fall over the first quarter of 2016. During the last quarter of 2015 that figure was 44 per cent.
This easing in the private housing sector has not been offset by any increase in the construction of public housing, with growth in this sector remaining broadly unchanged from the previous quarter, and just 11% more surveyors reporting a rise rather than a fall in activity.
RICS Chief Economist, Simon Rubinsohn said, “On the surface, it might seem surprising that we are witnessing a slowdown in the construction sector just a few months after hearing the Chancellor’s ‘We Are The Builders’ speech, given the Government’s significant commitment to this sector. One might well ask why growth in private housing workloads is softening at a time when policy is firmly focussed on the creation of new starter homes. We have long held the view that starter homes cannot be the only solution. There is an issue around the availability of land on which new houses can be built, and we would like to see more being done to free up private brownfield sites.
“Our survey tells us that planning delays are one of the biggest barriers to growth in the construction sector. We have recommended that councils work together to create a team of emergency planners who can parachute into boroughs that are experiencing significant delays, therefore reducing a major growth barrier.
“That said, we cannot discount the climate of uncertainty caused by the forthcoming EU referendum. We know that a range of sectors have been affected by these issues as investors look to delay.
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.
Wandsworth SW18 Property Prices - March/April 2016 |
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Date |
Address |
Post Code |
Price (£) |
25/04/2016 | Flat B Barmouth Court, Barmouth Road | SW18 2DW | 365,000 |
22/04/2016 | 31, Jessica Road | SW18 2QL | 1,215,000 |
22/04/2016 | 82, Ravensbury Road | SW18 4RS | 875,000 |
22/04/2016 | 45, Pulborough Road | SW18 5UN | 675,000 |
20/04/2016 | 621, Garratt Lane | SW18 4SX | 230,000 |
15/04/2016 | 47, Alma Road | SW18 1AE | 1,587,500 |
15/04/2016 | 59, Vanderbilt Road | SW18 3BG | 1,200,000 |
15/04/2016 | 112, Ravensbury Road | SW18 4RS | 1,075,000 |
15/04/2016 | 148, Revelstoke Road | SW18 5PA | 625,000 |
15/04/2016 | 42A, Duntshill Road | SW18 4QL | 475,000 |
15/04/2016 | Flat 39 Eliot Court, Garratt Lane | SW18 4BN | 336,000 |
13/04/2016 | 33, Weybourne Street | SW18 4HG | 885,000 |
13/04/2016 | 146A, Penwith Road | SW18 4QB | 100,000 |
11/04/2016 | First And Second Floor Flat 57, Tonsley Place | SW18 1BH | 785,000 |
11/04/2016 | 10, Galesbury Road | SW18 2RL | 550,000 |
08/04/2016 | 3, Lebanon Road | SW18 1RE | 517,500 |
07/04/2016 | 72A, Tranmere Road | SW18 3QW | 565,000 |
06/04/2016 | First Floor Flat At 31, Kimber Road | SW18 4NR | 481,000 |
05/04/2016 | 2, Gatwick Road | SW18 5UF | 1,025,000 |
05/04/2016 | 57, Astonville Street | SW18 5AW | 910,000 |
05/04/2016 | 45A, Trentham Street | SW18 5AS | 678,000 |
04/04/2016 | Flat 51 Knowles House, 7, Neville Gill Close | SW18 4BP | 230,000 |
01/04/2016 | 26 George View House, 36, Knaresborough Drive | SW18 4GT | 600,000 |
31/03/2016 | 20, Patten Road | SW18 3RH | 3,100,000 |
31/03/2016 | Flat 417 Anchor House, Smugglers Way | SW18 1EN | 1,150,000 |
31/03/2016 | 20, Aslett Street | SW18 2BN | 1,075,000 |
31/03/2016 | 7, Valonia Gardens | SW18 1PY | 1,000,000 |
31/03/2016 | 102, Strathville Road | SW18 4RE | 986,000 |
31/03/2016 | 90, Revelstoke Road | SW18 5PB | 900,000 |
31/03/2016 | 53, Lidiard Road | SW18 3PN | 853,250 |
31/03/2016 | 2 Ascensis Tower, Juniper Drive | SW18 1AY | 850,000 |
31/03/2016 | Flat 4 310, Earlsfield Road | SW18 3EH | 820,000 |
31/03/2016 | Apartment 509 3, Eastfields Avenue | SW18 1GN | 730,000 |
31/03/2016 | 88, Swaby Road | SW18 3QZ | 670,000 |
31/03/2016 | 9A, Seymour Road | SW18 5JB | 650,000 |
31/03/2016 | 34, Isis Street | SW18 3QN | 621,500 |
31/03/2016 | Lower Ground Floor Flat 16, North Side Wandsworth Common | SW18 2SL | 620,000 |
31/03/2016 | Flat B 25, Wandsworth Common West Side | SW18 2EH | 580,000 |
31/03/2016 | Flat 293 Bluewater House, Smugglers Way | SW18 1EB | 548,500 |
31/03/2016 | Flat 3 361 - 363, Earlsfield Road | SW18 3DG | 490,000 |
31/03/2016 | 6 Retreat Apartments, 8, Furmage Street | SW18 4BF | 478,500 |
31/03/2016 | Apartment 306 1, Eastfields Avenue | SW18 1FQ | 477,000 |
31/03/2016 | 22 Copperlight Apartments, 16, Buckhold Road | SW18 4FY | 459,995 |
31/03/2016 | Flat 29 Domelton House, Iron Mill Road | SW18 2AF | 395,500 |
31/03/2016 | Flat 14 Artemis Place, 29, Sutherland Grove | SW18 5PT | 380,000 |
31/03/2016 | 29 Palladio Court, Mapleton Road | SW18 4GD | 366,000 |
31/03/2016 | 121A, Penwith Road | SW18 4PY | 364,000 |
31/03/2016 | 24, Kingham Close | SW18 3BX | 285,000 |
31/03/2016 | Flat 3 Andrew Reed House, 1, Linstead Way | SW18 5QD | 100,000 |
30/03/2016 | 5, Spencer Park | SW18 2SX | 5,300,000 |
30/03/2016 | 10, Patten Road | SW18 3RH | 3,350,000 |
30/03/2016 | 89, Elsenham Street | SW18 5NY | 1,324,444 |
30/03/2016 | 86, Heythorp Street | SW18 5BX | 1,150,000 |
30/03/2016 | 156, Wimbledon Park Road | SW18 5UG | 1,090,000 |
30/03/2016 | 68, Ringford Road | SW18 1RR | 1,085,000 |
30/03/2016 | 4A, Ellerton Road | SW18 3NN | 899,500 |
30/03/2016 | 19, Openview | SW18 3PE | 801,500 |
30/03/2016 | 22, Revelstoke Road | SW18 5PD | 760,000 |
30/03/2016 | 20D, Spencer Road | SW18 2SW | 750,500 |
30/03/2016 | 27 Commodore House, Juniper Drive | SW18 1TW | 735,000 |
30/03/2016 | Flat 82 Ensign House, Juniper Drive | SW18 1TR | 715,000 |
30/03/2016 | 56, Lydden Grove | SW18 4LN | 695,000 |
30/03/2016 | 349, Earlsfield Road | SW18 3DG | 660,000 |
30/03/2016 | 9B, Engadine Street | SW18 5BJ | 635,000 |
30/03/2016 | 20, Strathville Road | SW18 4QZ | 610,000 |
30/03/2016 | 5 Severn House, 19, Enterprise Way | SW18 1GD | 585,000 |
30/03/2016 | 153, Tranmere Road | SW18 3QX | 548,000 |
30/03/2016 | Flat 68 Spinnaker House, Juniper Drive | SW18 1FS | 505,000 |
30/03/2016 | 66B, Cromford Road | SW18 1NY | 450,000 |
30/03/2016 | 58, Fairfield Drive | SW18 1DN | 430,000 |
30/03/2016 | Top Floor Flat 12, Merton Road | SW18 1QY | 430,000 |
30/03/2016 | Ground Floor Flat 113, Strathville Road | SW18 4QW | 425,000 |
30/03/2016 | Flat 11 88, Garratt Lane | SW18 4DB | 335,000 |
30/03/2016 | Flat 6 88, Garratt Lane | SW18 4DB | 335,000 |
29/03/2016 | 64A, Lyford Road | SW18 3JJ | 4,100,000 |
29/03/2016 | 35, Bucharest Road | SW18 3AS | 847,500 |
29/03/2016 | 6A, Duntshill Road | SW18 4QL | 675,000 |
29/03/2016 | 54, Haldon Road | SW18 1QG | 650,000 |
29/03/2016 | 38, Isis Street | SW18 3QN | 629,500 |
29/03/2016 | 356, Old York Road | SW18 1SS | 500,000 |
29/03/2016 | 8 Argento Tower, Mapleton Road | SW18 4GA | 500,000 |
29/03/2016 | Flat 2 Fernhurst Place, 53, Standen Road | SW18 5TH | 405,000 |
29/03/2016 | 6, Nantes Close | SW18 1JL | 365,000 |
29/03/2016 | Flat 1 295, Trinity Road | SW18 3SN | 362,500 |
29/03/2016 | 26, The Limes | SW18 5HP | 310,000 |
29/03/2016 | Flat 36 Edwyn House, 5, Neville Gill Close | SW18 4BW | 202,000 |
24/03/2016 | 5, Nicosia Road | SW18 3RN | 4,000,000 |
24/03/2016 | 159, Earlsfield Road | SW18 3DD | 1,370,000 |
24/03/2016 | 4, Stonemasons Yard | SW18 3NR | 1,100,000 |
24/03/2016 | 49, Bramford Road | SW18 1AP | 1,045,000 |
24/03/2016 | 9, Gatwick Road | SW18 5UF | 1,045,000 |
24/03/2016 | Flat 3 37, St Anns Crescent | SW18 2NF | 819,645 |
24/03/2016 | 65A, Loxley Road | SW18 3LL | 775,000 |
24/03/2016 | 21, Swaby Road | SW18 3PX | 747,500 |
24/03/2016 | 8 Commodore House, Juniper Drive | SW18 1TW | 735,000 |
24/03/2016 | 8 George View House, 36, Knaresborough Drive | SW18 4GT | 599,950 |
24/03/2016 | 41, Denton Street | SW18 2JR | 515,000 |
24/03/2016 | 53, Fairfield Drive | SW18 1DN | 475,000 |
24/03/2016 | 27, Wandle Way | SW18 4UJ | 435,000 |
24/03/2016 | 126, East Hill | SW18 2HF | 400,000 |
24/03/2016 | 605C, Garratt Lane | SW18 4SU | 400,000 |
24/03/2016 | Flat 12 17, Hardwicks Square | SW18 4AG | 396,000 |
24/03/2016 | 12, St Anns Hill | SW18 2EY | 300,000 |
24/03/2016 | Flat 7 Lancaster House, Brathway Road | SW18 4BD | 287,500 |
23/03/2016 | 16, Sispara Gardens | SW18 1LF | 1,258,000 |
23/03/2016 | 144, Engadine Street | SW18 5DT | 1,185,000 |
23/03/2016 | 125, Engadine Street | SW18 5DU | 893,000 |
23/03/2016 | 66, Wilna Road | SW18 3BA | 850,000 |
23/03/2016 | 79B, Tranmere Road | SW18 3QP | 627,500 |
23/03/2016 | 51 George View House, 36, Knaresborough Drive | SW18 4GT | 549,950 |
23/03/2016 | 2, Knaresborough Drive | SW18 4UT | 440,000 |
23/03/2016 | 37 Charterhouse Apartments, 21, Eltringham Street | SW18 1AU | 148,750 |
22/03/2016 | 16, Cicada Road | SW18 2NW | 1,475,000 |
22/03/2016 | 87, Haldon Road | SW18 1QF | 1,230,000 |
22/03/2016 | 1, Tranmere Road | SW18 3QH | 575,000 |
22/03/2016 | 89, Penwith Road | SW18 4PY | 470,000 |
21/03/2016 | 84, Pulborough Road | SW18 5UJ | 918,500 |
21/03/2016 | 77, Tilehurst Road | SW18 3EX | 877,000 |
21/03/2016 | 6, Winfrith Road | SW18 3BD | 810,000 |
21/03/2016 | Flat 36 Spinnaker House, Juniper Drive | SW18 1FR | 685,000 |
21/03/2016 | Flat 26 Bembridge House, 1, Iron Mill Road | SW18 2AQ | 405,000 |
18/03/2016 | 50, Geraldine Road | SW18 2NT | 1,650,000 |
18/03/2016 | 54, Bucharest Road | SW18 3AR | 1,100,000 |
18/03/2016 | 324, Earlsfield Road | SW18 3EJ | 749,500 |
18/03/2016 | 32, Heythorp Street | SW18 5BN | 705,000 |
18/03/2016 | Flat 310 Bluewater House, Smugglers Way | SW18 1EB | 580,000 |
18/03/2016 | Flat 4 370, Old York Road | SW18 1SP | 570,000 |
18/03/2016 | 73, Tranmere Road | SW18 3QP | 520,000 |
18/03/2016 | 42713, Marcus Street | SW18 2JT | 475,000 |
18/03/2016 | Flat 4 41, Lyford Road | SW18 3LU | 400,500 |
18/03/2016 | 28 Kennet House, 8, Enterprise Way | SW18 1GF | 400,000 |
18/03/2016 | 110B, Astonville Street | SW18 5AF | 399,950 |
18/03/2016 | 4 Argento Tower, Mapleton Road | SW18 4GA | 375,000 |
18/03/2016 | 58, Crowthorne Close | SW18 5RX | 367,000 |
18/03/2016 | 7, Westdean Close | SW18 2JX | 317,000 |
17/03/2016 | Flat A 1, Tonsley Road | SW18 1BG | 555,000 |
17/03/2016 | Flat 11 136, Garratt Lane | SW18 4EE | 470,000 |
17/03/2016 | 120, Melody Road | SW18 2QG | 449,000 |
17/03/2016 | Flat 4 319, Trinity Road | SW18 3SL | 370,000 |
16/03/2016 | 42, Wincanton Road | SW18 5TY | 500,000 |
16/03/2016 | Flat 10 88, Garratt Lane | SW18 4DB | 465,000 |
16/03/2016 | 246C, Earlsfield Road | SW18 3DY | 395,000 |
15/03/2016 | Flat 230 Compass House, Smugglers Way | SW18 1DQ | 1,350,000 |
15/03/2016 | 43, Tonsley Place | SW18 1BH | 1,335,000 |
15/03/2016 | 23, Dighton Road | SW18 1AN | 1,200,000 |
15/03/2016 | 7, Elsenham Street | SW18 5NU | 910,000 |
15/03/2016 | 54, Strathville Road | SW18 4RB | 845,000 |
15/03/2016 | Apartment 32 8, Hardwicks Square | SW18 4JY | 620,000 |
15/03/2016 | Flat 7 Acuba House, Acuba Road | SW18 4QS | 490,000 |
15/03/2016 | 5, Camborne Mews | SW18 5ED | 465,000 |
15/03/2016 | Ground Floor And Basement 350, Old York Road | SW18 1SS | 120,000 |
11/03/2016 | 36 Trafalgar House, Juniper Drive | SW18 1GY | 2,250,000 |
11/03/2016 | 17, Coleford Road | SW18 1AD | 1,325,000 |
11/03/2016 | 10, Dingwall Road | SW18 3AZ | 850,000 |
11/03/2016 | 12, Bowman Mews | SW18 5TN | 610,000 |
11/03/2016 | 62A, St Anns Hill | SW18 2SB | 607,500 |
11/03/2016 | Ground Floor Flat 62, St Anns Hill | SW18 2SB | 607,000 |
11/03/2016 | 10A, Atheldene Road | SW18 3BW | 560,000 |
11/03/2016 | Flat 247 Bluewater House, Smugglers Way | SW18 1EA | 545,000 |
11/03/2016 | 5, Shire Place | SW18 3BP | 400,000 |
11/03/2016 | 30, Crowthorne Close | SW18 5RX | 385,000 |
10/03/2016 | 152, Heythorp Street | SW18 5BU | 1,240,000 |
10/03/2016 | 172, Tranmere Road | SW18 3QU | 821,600 |
10/03/2016 | 41, Birdhurst Road | SW18 1AR | 695,000 |
10/03/2016 | Flat 110 Voltaire Buildings, 330, Garratt Lane | SW18 4FR | 427,500 |
10/03/2016 | First Floor Flat 139, Merton Road | SW18 5EH | 415,000 |
10/03/2016 | Flat 11 Rodale Mansions, 6, Borrodaile Road | SW18 2LL | 177,486 |
09/03/2016 | 120A, Penwith Road | SW18 4QE | 750,000 |
07/03/2016 | Apartment 705 1, Eastfields Avenue | SW18 1FQ | 1,175,000 |
07/03/2016 | Ground Floor Flat 157, Earlsfield Road | SW18 3DD | 619,000 |
07/03/2016 | 529B, Garratt Lane | SW18 4SR | 340,000 |
04/03/2016 | 112, Trentham Street | SW18 5DJ | 1,085,000 |
04/03/2016 | 74C, East Hill | SW18 2HG | 630,000 |
04/03/2016 | 2 George View House, 36, Knaresborough Drive | SW18 4GT | 600,000 |
04/03/2016 | 183 - 189, St Anns Hill | SW18 2RX | 555,000 |
04/03/2016 | Flat 25 Voltaire Buildings, 330, Garratt Lane | SW18 4FQ | 530,000 |
04/03/2016 | 146, Replingham Road | SW18 5LJ | 445,000 |
04/03/2016 | 3, Delia Street | SW18 2BT | 429,000 |
04/03/2016 | Flat 7 Skipsea House, Fitzhugh Grove | SW18 3SF | 375,000 |
03/03/2016 | 80, Camborne Road | SW18 4BJ | 940,000 |
03/03/2016 | 86, Camborne Road | SW18 4BJ | 890,000 |
02/03/2016 | 22, Longfield Street | SW18 5RE | 710,000 |
01/03/2016 | 41, Cromford Road | SW18 1NZ | 1,770,000 |
01/03/2016 | First Floor Flat 21, Standen Road | SW18 5TH | 500,000 |
01/03/2016 | Apartment 12 Skydec Apartments, 30, Heathfield Road | SW18 3HP | 407,000 |
01/03/2016 | 13A, Summerley Street | SW18 4ET | 320,000 |
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.
June 14, 2016
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