August prices down from levels seen in July
29 properties changed hands in Putney in August at an average price of £509,481.
So far in the third quarter, according to figures from the Land Registry the average price of properties sold is £633,107. This is way above the average for the second quarter which was marginally above £500,000 and suggests that on this measure property prices are actually reaching new highs.
The exceptionally low levels of volume do, however, mean that the figures should be treated with some caution. One explanation for the rise in the average could be that the composition of homes changing hands is changing. Fewer flats being sold and more higher priced houses will boost the overall average. On the other hand it is impossible to dismiss the numbers as solely being a statistical quirk. On a like for like basis the prices of terraced and semi-detached houses do seem to be above previous levels.
There seems to be little evidence of distressed selling in the Putney area at the moment and with many homeowners looking to upgrade and the resilience of the market is providing them with the equity to get a larger property in the area.
Properties Sold in SW15 - August 2008
| Address |
Price (£) |
Deed Date |
| Flat 16, Bede House, Manor Fields, SW15 3LT |
635,000 |
29/08/2008 |
| Flat 29, Court Royal, Carlton Drive, SW15 2BJ |
317,500 |
29/08/2008 |
| Flat 4, 1 Hotham Hall, Hotham Road, SW15 1QS |
875,000 |
28/08/2008 |
| Flat 5, Cadbury House, Dromore Road, SW15 3ET |
335,000 |
28/08/2008 |
| 14, Pentlow Street, SW15 1LX |
870,000 |
26/08/2008 |
| Flat 2, 2, Schubert Road, SW15 2QS |
500,000 |
22/08/2008 |
| 30a, Galveston Road, SW15 2SA |
440,000 |
21/08/2008 |
| 90, Frensham Drive, SW15 3EF |
223,000 |
20/08/2008 |
| Flat 7, 35, Keswick Road, SW15 2EW |
385,000 |
20/08/2008 |
| Flat 1, 37, Keswick Road, SW15 2JB |
319,950 |
18/08/2008 |
| Flat 36, 125, Upper Richmond Road, SW15 2TL |
185,000 |
15/08/2008 |
| 52, Charlwood Road, SW15 1PZ |
1,450,000 |
15/08/2008 |
| 12, Farlow Road, SW15 1DT |
865,000 |
15/08/2008 |
| Flat 29, Garden Royal, Kersfield Road, SW15 3HE |
300,000 |
15/08/2008 |
| Flat 10, Selwyn House, Manor Fields, SW15 3LR |
555,000 |
15/08/2008 |
| 5, Borneo Street, SW15 1QQ |
500,000 |
15/08/2008 |
| 10, Littlecombe Close, SW15 3HR |
205,000 |
14/08/2008 |
| Flat 23, 73, Upper Richmond Road, SW15 2SR |
499,995 |
13/08/2008 |
| 46, Danemere Street, SW15 1LT |
600,000 |
13/08/2008 |
| Flat 57, 73, Upper Richmond Road, SW15 2SR |
320,000 |
12/08/2008 |
| 5, Westhorpe Road, SW15 1QH |
1,000,000 |
08/08/2008 |
| Basement Flat, 22, Disraeli Road, SW15 2DS |
345,000 |
08/08/2008 |
| 2a, Salvin Road, SW15 1DR |
520,000 |
08/08/2008 |
| Upper Flat, 33, Wymond Street, SW15 1DY |
450,000 |
08/08/2008 |
| 35, Lytton Grove, SW15 2EZ |
820,000 |
07/08/2008 |
| Flat C, 2, Atney Road, SW15 2PS |
345,000 |
06/08/2008 |
| 15c, Chelverton Road, SW15 1RN |
380,000 |
05/08/2008 |
| Flat 16, 7 Marsdene, St Johns Avenue, SW15 2AN |
410,000 |
05/08/2008 |
| 207, Hayward Gardens, SW15 3BU |
124,500 |
01/08/2008 |
Copyright
notice: All figures in this article are based on data released by the
Land Registry. The numbers are derived from analysis performed by PutneySW15.com.
Any use of these numbers should jointly attribute the Land Registry and
PutneySW15.com.
October 10, 2008
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