Further move forward in local home values during the month
The latest official data suggests that the local property market continued to see price rises in the early part of this year.
Sales recorded in February 2011 for the SW18 post code area show and average price of £608,365. This is well above the levels seen at the end of last year but still below the peaks seen in the Summer of 2010.
Ten properties were sold for £1,000,000 or more during the month and four for over £2,000,000.
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 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 - February 2011
| Address | Price (£) |
Deed Date |
| 18, Dalby Road, SW18 1AW | 665,000 |
28/02/2011 |
| 76, Lyford Road, SW18 3JW | 2,500,000 |
28/02/2011 |
| Prospect Quay, 98, Flat 49, Point Pleasant, SW18 1PR | 600,000 |
28/02/2011 |
| 10, Jeypore Road, SW18 2RJ | 621,000 |
28/02/2011 |
| 89, Standen Road, SW18 5TR | 298,500 |
25/02/2011 |
| 1, Flat A, Tonsley Road, SW18 1BG | 344,500 |
25/02/2011 |
| Ascensis Tower, 35, Juniper Drive, SW18 1AY | 2,015,000 |
25/02/2011 |
| 24b, Melrose Road, SW18 1NE | 284,000 |
25/02/2011 |
| Barmouth Court, Flat F, Barmouth Road, SW18 2DW | 250,000 |
25/02/2011 |
| 128, Penwith Road, SW18 4QE | 282,500 |
25/02/2011 |
| Earlsfield House, Flat 6, Swaffield Road, SW18 3AH | 250,000 |
25/02/2011 |
| 47, Santos Road, SW18 1NT | 910,000 |
25/02/2011 |
| 178, Wimbledon Park Road, SW18 5RL | 880,000 |
25/02/2011 |
| 42, Winfrith Road, SW18 3BD | 677,500 |
25/02/2011 |
| 235, Earlsfield Road, SW18 3DE | 632,500 |
25/02/2011 |
| 99, Tilehurst Road, SW18 3EX | 555,000 |
25/02/2011 |
| 63, Replingham Road, SW18 5LU | 562,000 |
25/02/2011 |
| Woodhams House, Flat 28, West Hill, SW18 1RJ | 220,000 |
24/02/2011 |
| 2, Elsynge Road, SW18 2HN | 1,500,000 |
24/02/2011 |
| Thorness Court, Flat 10, Allfarthing Lane, SW18 2AH | 190,000 |
23/02/2011 |
| 24, The Limes, SW18 5HP | 250,000 |
23/02/2011 |
| 45, St Anns Crescent, SW18 2NG | 630,000 |
23/02/2011 |
| 63, Engadine Street, SW18 5BZ | 625,000 |
22/02/2011 |
| 100, Gressenhall Road, SW18 5QJ | 135,000 |
22/02/2011 |
| 18, Balvernie Grove, SW18 5RU | 567,000 |
21/02/2011 |
| Ascensis Tower, 36, Juniper Drive, SW18 1AY | 1,600,000 |
18/02/2011 |
| Hardy Court, 1, Flat 19, Furmage Street, SW18 4GH | 90,000 |
18/02/2011 |
| Coleman Court, Flat 122, Kimber Road, SW18 4PB | 170,000 |
18/02/2011 |
| 1b, Denton Street, SW18 2JR | 285,000 |
18/02/2011 |
| 144, Strathville Road, SW18 4RE | 535,000 |
18/02/2011 |
| 10, Sutherland Grove, SW18 5PU | 1,125,000 |
18/02/2011 |
| 56, Wincanton Road, SW18 5TY | 600,000 |
18/02/2011 |
| 16, Pentland Street, SW18 2AW | 843,500 |
18/02/2011 |
| 31, Swanage Road, SW18 2DZ | 1,165,000 |
18/02/2011 |
| 136, Strathville Road, SW18 4RE | 499,950 |
18/02/2011 |
| 96, Clonmore Street, SW18 5HB | 645,000 |
18/02/2011 |
| 7, Seymour Road, SW18 5JB | 895,000 |
18/02/2011 |
| 84, Longfield Street, SW18 5RE | 365,000 |
18/02/2011 |
| 1, Dorlcote Road, SW18 3RT | 2,300,000 |
17/02/2011 |
| 26, Tonsley Hill, SW18 1BB | 810,000 |
17/02/2011 |
| 48, Lydden Grove, SW18 4LN | 535,000 |
17/02/2011 |
| 34, Melrose Road, SW18 1NE | 1,200,000 |
16/02/2011 |
| 12, Geraldine Road, SW18 2NU | 2,850,000 |
15/02/2011 |
| Elsynge Road Mansions, 21 - 23, Flat 4, Elsynge Road, SW18 2HP | 515,000 |
15/02/2011 |
| 51, Balvernie Grove, SW18 5RR | 371,000 |
15/02/2011 |
| 24, Phoenix Way, SW18 2PW | 114,000 |
14/02/2011 |
| Pine Court, 37, Flat 7, Merton Road, SW18 5SU | 230,000 |
11/02/2011 |
| 52a, Waldron Road, SW18 3TD | 300,000 |
11/02/2011 |
| 52, Waldron Road, SW18 3TD | 300,000 |
11/02/2011 |
| 27, Flat 2, Galesbury Road, SW18 2RL | 327,500 |
11/02/2011 |
| 36, Melody Road, SW18 2QF | 525,000 |
11/02/2011 |
| 36, Melody Road, SW18 2QF | 475,000 |
11/02/2011 |
| 163, St Anns Hill, SW18 2RX | 295,500 |
11/02/2011 |
| 18, Swaby Road, SW18 3RA | 380,000 |
11/02/2011 |
| 23, Hambledon Road, SW18 5UD | 565,000 |
11/02/2011 |
| 452, Merton Road, SW18 5AE | 525,000 |
11/02/2011 |
| 23, Hambledon Road, SW18 5UD | 565,000 |
11/02/2011 |
| 23, Hambledon Road, SW18 5UD | 565,000 |
11/02/2011 |
| 100, Strathville Road, SW18 4RB | 530,000 |
11/02/2011 |
| 10, Waverton Road, SW18 3BY | 332,000 |
11/02/2011 |
| 141, Godley Road, SW18 3HA | 325,000 |
09/02/2011 |
| Dolphin House, Flat 102, Smugglers Way, SW18 1DG | 344,000 |
08/02/2011 |
| 36, Frewin Road, SW18 3LP | 1,325,000 |
08/02/2011 |
| Anchor House, Flat 409, Smugglers Way, SW18 1EN | 392,500 |
07/02/2011 |
| 32a, Heathfield Road, SW18 2ZZ | 440,000 |
07/02/2011 |
| 92, Godley Road, SW18 3HD | 290,000 |
07/02/2011 |
| 58, Standen Road, SW18 5TQ | 426,000 |
07/02/2011 |
| 33, Tonsley Road, SW18 1BG | 735,000 |
07/02/2011 |
| 28, Fairfield Drive, SW18 1DL | 200,000 |
04/02/2011 |
| Bembridge House, 1, Flat 23, Iron Mill Road, SW18 2AQ | 210,000 |
04/02/2011 |
| 27, Flat 31, Hardwicks Square, SW18 4AL | 260,000 |
04/02/2011 |
| 13, Westdean Close, SW18 2JX | 159,600 |
04/02/2011 |
| 62a, Cicada Road, SW18 2NZ | 459,500 |
04/02/2011 |
| 16a, Duntshill Road, SW18 4QL | 247,000 |
04/02/2011 |
| 58, Heythorp Street, SW18 5BN | 362,000 |
04/02/2011 |
| 29, The Limes, SW18 5HW | 273,000 |
04/02/2011 |
| 5, Sutherland Grove, SW18 5PS | 530,000 |
04/02/2011 |
| 37, Fullerton Road, SW18 1BU | 770,000 |
04/02/2011 |
| 59, Flat 6, Putney Bridge Road, SW18 1PB | 420,000 |
03/02/2011 |
| 19, Tonsley Place, SW18 1BH | 644,000 |
03/02/2011 |
| Coptain House, Apartment 606, Eastfields Avenue, SW18 1JX | 630,000 |
02/02/2011 |
| 61, Vanderbilt Road, SW18 3BG | 695,000 |
02/02/2011 |
| Ketley House, 65, Flat 26, Garratt Lane, SW18 4GR | 330,000 |
01/02/2011 |
| 23, Ringford Road, SW18 1RP | 410,500 |
01/02/2011 |
| 77, Geraldine Road, SW18 2NS | 960,000 |
01/02/2011 |
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