|Putney Property Prices Rise By 10%|
Renewed Activity at Top End of Market Stirs Recovery
The latest numbers from the Land Registry show that property prices in Putney once again dropped in the last quarter. However, there have been eight properties sold with price tags over one million in comparison to none in the same period last year.
Both the national and London trend which saw rises over the same period.
from the last quarter shows that prices have dropped slightly over the quarter to bring
the average price of a property in Putney to £314,248 from £316,522.
Stephen Rodgers of local IFA Berkeley Consultants, has noticed a slight cooling in demand for property since Easter but nothing significant. Activity levels of first time and subsequent buyers reduced in April however that is not surprising when you have Easter at one end of the month and a bank holiday at the other. He feels the resurgence of City bonuses should shore up the market over the summer.
Putney Property Price Changes Jan - March 2004
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.
May 13, 2004