Home values continue to move upwards in 2010
|
Latest sales figures are suggesting that the Putney property market continues to be strong so far in 2010.
The average price for a property sold in February in SW15 is £550,945. This compares to £512,477 for January.
The average home in the SW15 area in the fourth quarter of last year cost £491,846 up by 27.3% compared to the same period last year.
In February, London's annual house price change according to the Land Registry index was a positive 11.9 per cent, which is an increase from last month's figure, and the fifth month in a row in which the movement has been positive. It was also the strongest growth of any region. The average for Wandsworth Borough was up by 7.9 per cent.
The average value of a property in London is now £333,394, which is a decrease from last month.
For the country as a whole there was an annual increase of 7 per cent. This is the fourth month in a row in which the annual movement has been positive. The monthly house price change is negative this month, at -0.3 per cent. This brings the average house price in England and Wales to £164,455.
The Rightmove House Price Index for February 2010 reveals that average asking prices increased by over £7,000 in the past month. This is the largest monthly increase since April 2007 and represents a year-on-year increase of 6.1%. In London they are showing the highest ever level of asking prices.
Miles Shipside, commercial director of Rightmove comments: "A price jump of over 3% is more comparable to the pre-credit-crunch boom-times. Sellers are setting their sights higher, and some agents are going along with them in order to win scarce instructions. Property for sale remains scarce in popular areas, but new supply to the market has to be priced at what buyers are willing and able to pay. An average increase of over 7,000 pounds may prove to be a bit too spicy for some buyers' tastes, now that economic constraints have forced them to develop a simpler palate."
Properties Sold in SW15 - February 2010
| Address | Price (£) | Deed Date |
| 3, Holford Way, SW15 5GB | 350,000 |
26/02/2010 |
| 27, Sefton Street, SW15 1NA | 575,000 |
26/02/2010 |
| 36a, Clarendon Drive, SW15 1AE | 488,500 |
26/02/2010 |
| 15, Bader Way, SW15 5GD | 370,000 |
26/02/2010 |
| 114, Flat 3, Lower Richmond Road, SW15 1LN | 380,000 |
26/02/2010 |
| 75, Huntingfield Road, SW15 5EA | 340,000 |
26/02/2010 |
| 40, Clockhouse Place, SW15 2EL | 290,000 |
26/02/2010 |
| 73, Flat 7, Upper Richmond Road, SW15 2SR | 305,000 |
26/02/2010 |
| 111, Innes Gardens, SW15 3AE | 175,000 |
26/02/2010 |
| Gilbert Scott Building, Flat A304, Scott Avenue, SW15 3SG | 615,000 |
26/02/2010 |
| 85, Innes Gardens, SW15 3AD | 197,000 |
26/02/2010 |
| 98, Upper Maisonette, Disraeli Road, SW15 2DX | 500,000 |
25/02/2010 |
| Exeter House, Flat 82, Putney Heath, SW15 3TQ | 450,000 |
23/02/2010 |
| Fernhill Place 21-23, Flat 14, Chartfield Avenue, SW15 6DX | 485,000 |
23/02/2010 |
| 35, Flat 7, St Johns Avenue, SW15 6AL | 250,000 |
22/02/2010 |
| Highlands Heath, Flat 132, Portsmouth Road, SW15 3TZ | 380,000 |
19/02/2010 |
| Exeter House, Flat 50, Putney Heath, SW15 3SX | 585,000 |
19/02/2010 |
| 27, Bendemeer Road, SW15 1JX | 610,000 |
19/02/2010 |
| 84, Carslake Road, SW15 3DR | 345,000 |
19/02/2010 |
| Dorset House, 23, Flat 3, St Johns Avenue, SW15 6AH | 435,000 |
17/02/2010 |
| 6, Brandlehow Road, SW15 2ED | 830,000 |
17/02/2010 |
| 11, Ruvigny Gardens, SW15 1JR | 964,000 |
16/02/2010 |
| Copse Court, Flat 3, Evenwood Close, SW15 2DE | 249,950 |
16/02/2010 |
| 16, Luttrell Avenue, SW15 6PF | 1,250,000 |
16/02/2010 |
| 10, Akehurst Street, SW15 5DR | 343,000 |
15/02/2010 |
| Queen Marys House, 1, 124, Holford Way, SW15 5DU | 335,000 |
15/02/2010 |
| 83, Bangalore Street, SW15 1QF | 655,000 |
15/02/2010 |
| 72, Flat 2, Norroy Road, SW15 1PG | 399,950 |
15/02/2010 |
| 23, Ruvigny Gardens, SW15 1JR | 815,000 |
15/02/2010 |
| 16, Scott Avenue, SW15 3PA | 830,000 |
15/02/2010 |
| 45, St Johns Avenue, SW15 6AL | 1,900,000 |
12/02/2010 |
| 7b, Stanbridge Road, SW15 1DX | 261,000 |
12/02/2010 |
| 16, Bangalore Street, SW15 1QE | 452,500 |
12/02/2010 |
| 29, Erpingham Road, SW15 1BE | 843,000 |
12/02/2010 |
| 15, Sunnymead Road, SW15 5HY | 377,500 |
12/02/2010 |
| 2, Token Yard, SW15 1SR | 550,000 |
12/02/2010 |
| 2a, Malbrook Road, SW15 6UF | 876,000 |
12/02/2010 |
| 66, Deodar Road, SW15 2NJ | 1,300,000 |
12/02/2010 |
| 17, Falmouth Walk, SW15 5DY | 500,000 |
11/02/2010 |
| Knox House, 25, Horne Way, SW15 1JA | 250,000 |
11/02/2010 |
| 35, Pleasance Road, SW15 5HR | 338,000 |
10/02/2010 |
| Queen Marys House, 1, 32, Holford Way, SW15 5DH | 460,000 |
10/02/2010 |
| 163, Garden Flat, Lower Richmond Road, SW15 1HH | 250,000 |
05/02/2010 |
| Court Royal, Flat 40, Carlton Drive, SW15 2BJ | 312,250 |
05/02/2010 |
| 43, Clockhouse Place, SW15 2EL | 285,000 |
05/02/2010 |
| 43, Bendemeer Road, SW15 1JX | 820,000 |
05/02/2010 |
| 44, Holmbush Road, SW15 3LE | 1,850,999 |
05/02/2010 |
| 228, Arabella Drive, SW15 5LQ | 221,100 |
04/02/2010 |
| Repton House, 20, Flat 7, Scott Avenue, SW15 3PB | 248,000 |
04/02/2010 |
| 142a, West Hill, SW15 3SR | 320,000 |
04/02/2010 |
| Queen Marys House, 1, 60, Holford Way, SW15 5DH | 336,000 |
03/02/2010 |
| 59, Stroud Crescent, SW15 3EL | 275,000 |
02/02/2010 |
Copyright notice: All figures in this article are based on data released by the Land Registry. The numbers are derived from analysis performed by PutneySW15.com. Any use of these numbers should jointly attribute the Land Registry and PutneySW15.com.
April 8, 2010
