Pause for Breath for Putney Property

Average price dips back below £600,000 in recent months

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Local estate agents are saying there is no reason to panic after a recent dip in local property prices.

The average price of a home sold sold in the SW15 post code area since the end of March was £593,708. This is after a record breaking first quarter of 2013 when the average went above £600,000 for the first time.

Allan Fuller of Allan Fuller Estates Agents puts the fall down to a lower number of properties at the very top end of the market and believes that continuing demand for property in Putney proves it is one of the best places to live in London. He said, "The trend in fact has been a steady increase since this time last year, but the real truth is that values are continuing to rise this year and when the first half of 2013 can be fully analysed I am sure it will confirm what my company has regularly been achieving, which is sales at levels close to 10% up on a year ago."

There were 88 properties reported as sold during the period, twelve of which went for over £1,000,000. The most expensive of these was on Campion Road changing hands for £2,250,000.

He points out that new construction is also gradually picking up, with hundreds of new flats being built adding, "There does need to be more encouragement for affordable housing but this is really all a result of supply and demand, the demand is enormous, but planning permission still takes too long and whilst politicians say they are helping it is immediate action, not future promises that are needed., let's hope that much more positive action can be taken. "

putney property pricesThe April data from Land Registry's House Price Index shows that London remains the best performing property market in England and Wales. The average price of a home in the capital rose by 6.2% over the year to £375,795.

For the country as a whole prices only rose by 0.7% which takes the average property value in England and Wales to £161,458.

The most up-to-date figures available show that during February 2013, the number of completed house sales in England and Wales decreased by 3 per cent to 43,573 compared with 44,829 in February 2012.The number of properties sold in England and Wales for over £1 million in February 2013 increased by 3 per cent to 488 from 475 in February 2012. London has seen a fall in repossessions which were down by 29% to 117 in February 2013 compared with the same month in 2012.

Properties Sold in SW15 - April/May 2013

Deed Date Address Price (£)
28/05/2013 23 Hayward Gardens, SW15 3DA
250,000
24/05/2013 19 Parkstead Road, SW15 5HS
449,950
24/05/2013 Flat 3, 13 Oakhill Road, SW15 2QJ
835,000
20/05/2013 30 Alton Road, SW15 4NH
225,000
20/05/2013 Top Floor Flat, 109 Disraeli Road, SW15 2DY
410,000
20/05/2013 9 Langside Avenue, SW15 5QT
1,625,000
17/05/2013 54 Evenwood Close, SW15 2DA
355,400
17/05/2013 32, Putney Wharf Tower, Brewhouse Lane, SW15 2JQ
660,000
15/05/2013 Flat 5, Heath Mansions, Putney Heath Lane, SW15 3JJ
600,000
14/05/2013 Flat 6, Holmsley House, Tangley Grove, SW15 4EH
109,000
13/05/2013 Flat C, 11 Keswick Road, SW15 2HZ
360,000
13/05/2013 21 Rotherwood Road, SW15 1LA
970,000
13/05/2013 144 Lower Richmond Road, SW15 1LU
1,875,000
10/05/2013 36 Ibsley Gardens, SW15 4JN
220,000
10/05/2013 Flat 18, Keswick Heights, Keswick Road, SW15 2JR
234,000
10/05/2013 12 Derwent Avenue, SW15 3RD
725,000
10/05/2013 7 Egliston Mews, SW15 1AP
920,000
10/05/2013 88 Deodar Road, SW15 2NJ
935,000
10/05/2013 63 Norroy Road, SW15 1PH
940,000
07/05/2013 19 Stoughton Close, SW15 4LS
240,000
03/05/2013 106 Woking Close, SW15 5LB
193,000
03/05/2013 Flat 22, Avershaw House, 1 Chartfield Avenue, SW15 6AD
367,500
03/05/2013 Flat 16, Marsdene, 7 St. John's Avenue, SW15 2AN
538,500
02/05/2013 Flat 17, Kings Court, 1 Bessborough Road, SW15 4AB
199,950
02/05/2013 Flat 18, Repton House, 20 Scott Avenue, SW15 3PB
420,000
01/05/2013 6 Gillis Square, SW15 5FG
416,000
30/04/2013 77 Vale Crescent, SW15 3PL
224,500
30/04/2013 2b Chelverton Road, SW15 1RH
270,000
30/04/2013 Flat 36, 73 Upper Richmond Road, SW15 2SR
457,500
30/04/2013 Flat 2, 23 Clarendon Drive, SW15 1AW
500,000
30/04/2013 18 Beaufort Close, SW15 3TL
930,000
30/04/2013 26 Deodar Road, SW15 2NN
950,000
30/04/2013 12 Campion Road, SW15 6NW
2,250,000
29/04/2013 36 Fanthorpe Street, SW15 1DZ
439,950
29/04/2013 6 Salvin Road, SW15 1DR
540,000
29/04/2013 30 Borneo Street, SW15 1QQ
1,512,795
26/04/2013 178 Cortis Road, SW15 3AQ
225,000
26/04/2013 12 Aubyn Square, SW15 5NT
249,950
26/04/2013 Flat 4, Hewett House, Horne Way, SW15 1JE
282,500
26/04/2013 Flat 8, Elystan Court, Howards Lane, SW15 6QH
337,000
26/04/2013 Flat 3, 248-250, Upper Richmond Road, SW15 6TG
385,000
25/04/2013 40 Buttermere Drive, SW15 2HW
330,000
25/04/2013 Flat 6, 68 Upper Richmond Road, SW15 2RP
470,000
25/04/2013 35 Spencer Walk, SW15 1PL
649,950
25/04/2013 14 Redgrave Road, SW15 1PX
1,625,000
23/04/2013 Flat 34, Burton Lodge, 15 Portinscale Road, SW15 2HT
260,000
19/04/2013 Flat 3, 413 Upper Richmond Road, SW15 5QX
269,500
19/04/2013 Flat 3, Madison Court 202a, West Hill, SW15 3JA
290,000
19/04/2013 45 Huntingfield Road, SW15 5EA
300,000
19/04/2013 Flat 7, 413 Upper Richmond Road, SW15 5QX
324,950
19/04/2013 212 Dover House Road, SW15 5AH
359,000
19/04/2013 Flat 16, Hedley Court, Putney Hill, SW15 3NS
375,000
19/04/2013 Flat 21, Cornerways, 1 Daylesford Avenue, SW15 5QP
382,000
19/04/2013 75 Fawe Park Road, SW15 2EG
542,300
18/04/2013 141a Fawe Park Road, SW15 2EG
624,000
17/04/2013 Flat 3, 32 Schubert Road, SW15 2QS
370,000
17/04/2013 79 Dover House Road, SW15 5AB
425,000
17/04/2013 The First Floor Flat, 132 Disraeli Road, SW15 2DX
482,000
16/04/2013 Flat 4, Cedars Court, 1 Clarence Lane, SW15 4PN
123,000
16/04/2013 Flat 3, 9 Winthorpe Road, SW15 2LW
370,000
16/04/2013 Flat 2, 11 Balmuir Gardens, SW15 6NG
975,000
16/04/2013 60 Clarendon Drive, SW15 1AH
1,625,000
12/04/2013 Flat 128, Harwood Court, Upper Richmond Road, SW15 6JB
215,000
12/04/2013 Flat 8, 392 Upper Richmond Road, SW15 6JJ
320,000
12/04/2013 Flat 3, Anne Kerr Court, 10 Kersfield Road, SW15 3HP
338,000
12/04/2013 Flat 62, Lockyer House, The Platt, SW15 1EE
388,750
12/04/2013 Flat 12, Fernhill Place 21-23, Chartfield Avenue, SW15 6DX
425,000
12/04/2013 Ground Floor Flat At, 60 Disraeli Road, SW15 2DS
437,050
12/04/2013 54 Putney Park Lane, SW15 5HQ
475,000
12/04/2013 22 Commondale, SW15 1HS
670,000
10/04/2013 153 Tildesley Road, SW15 3AU
222,000
10/04/2013 Flat 116, Ormonde Court, Upper Richmond Road, SW15 6TR
349,950
10/04/2013 First Floor Flat At, 15 Quill Lane, SW15 1PB
545,000
08/04/2013 Flat 2, 149 Upper Richmond Road, SW15 2TX
347,500
08/04/2013 Flat 28, Highlands Heath, Portsmouth Road, SW15 3TR
379,000
05/04/2013 Apartment 125, 24 Brewhouse Lane, SW15 2JX
227,500
05/04/2013 Flat 50, Avershaw House, 1 Chartfield Avenue, SW15 6AD
427,500
05/04/2013 Flat 1, 81 Lacy Road, SW15 1NR
521,000
05/04/2013 22 Parkfields, SW15 6NH
1,000,000
05/04/2013 5 Bramcote Road, SW15 6UG
1,137,500
05/04/2013 3 Bramcote Road, SW15 6UG
1,148,875
05/04/2013 10 Deodar Road, SW15 2NN
1,250,000
05/04/2013 6 Winthorpe Road, SW15 2LW
1,550,000
05/04/2013 28 Redgrave Road, SW15 1PX
2,162,500
03/04/2013 Flat 46, Downholme 101-107, Upper Richmond Road, SW15 2TH
249,950
03/04/2013 109 Fawe Park Road, SW15 2EG
850,000
02/04/2013 457 Clarence Lane, SW15 5QD
180,000
02/04/2013 Flat A, 10 Chartfield Avenue, SW15 6HF
630,000

 

Copyright notice: All figures in this article are based on data released by the Land Registry. The numbers are derived from analysis performed by PutneySW15.com. Any use of these numbers should jointly attribute the Land Registry and PutneySW15.com.

December 10, 2013

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