Strong price trend continues during the month
The average price of a property sold in Fulham during February was £684,498.
This confirms the strong trend seen so far this year particularly as the average has been reduced by the number of lower priced units sold in Octavia House.
There were 13 properties sold for over £1 million in the month including one in Elthiron Road which went for just under £3 million.
London property prices overall 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 latest 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.
Fulham Property Sales - February 2011
Address |
Price | Date |
74, Stephendale Road, SW6 2PG | 320,000 |
28/02/2011 |
Octavia House, 213, Flat 81, Townmead Road, SW6 2FJ | 395,000 |
28/02/2011 |
Octavia House, 213, Flat 87, Townmead Road, SW6 2FJ | 444,950 |
28/02/2011 |
Middleton House, 31, Flat 1, Wyfold Road, SW6 6AL | 499,000 |
28/02/2011 |
Octavia House, 213, Flat 103, Townmead Road, SW6 2FJ | 374,950 |
28/02/2011 |
Octavia House, 213, Flat 102, Townmead Road, SW6 2FJ | 372,450 |
28/02/2011 |
21, Flat 1, Colehill Lane, SW6 5EF | 740,000 |
28/02/2011 |
32, Flat 1, Wandsworth Bridge Road, SW6 2TH | 450,000 |
28/02/2011 |
18, Orbain Road, SW6 7JY | 627,500 |
28/02/2011 |
20, St Maur Road, SW6 4DP | 1,690,000 |
28/02/2011 |
19, Harwood Terrace, SW6 2AF | 1,025,000 |
28/02/2011 |
7, Byam Street, SW6 2RB | 675,000 |
28/02/2011 |
Reynwell House, 29, Flat 6, Kingwood Road, SW6 6SP | 410,759 |
25/02/2011 |
Jersey Court, Flat 40, Dairy Close, SW6 4HB | 91,500 |
25/02/2011 |
227 - 233, Apartment 1, Munster Road, SW6 6BT | 378,000 |
25/02/2011 |
193, Flat H, Munster Road, SW6 6BY | 345,000 |
25/02/2011 |
210, Brompton Park Crescent, SW6 1SY | 335,000 |
25/02/2011 |
161, Bagleys Lane, SW6 2FW | 642,500 |
25/02/2011 |
Lancaster Court, Flat 4, Fulham Road, SW6 5TB | 335,000 |
25/02/2011 |
10, Crondace Road, SW6 4BB | 1,475,000 |
25/02/2011 |
21, Flat 1, Vanston Place, SW6 1AZ | 325,000 |
24/02/2011 |
Octavia House, 213, Flat 90, Townmead Road, SW6 2FJ | 182,700 |
24/02/2011 |
Octavia House, 213, Flat 83, Townmead Road, SW6 2FJ | 208,800 |
24/02/2011 |
Rosebank, Flat 62, Holyport Road, SW6 6LJ | 385,000 |
24/02/2011 |
46, Gilstead Road, SW6 2LG | 713,000 |
24/02/2011 |
56, Clancarty Road, SW6 3AA | 1,165,000 |
24/02/2011 |
169, Dawes Road, SW6 7QP | 274,000 |
23/02/2011 |
Regal House, Flat 20, Lensbury Avenue, SW6 2GZ | 650,000 |
23/02/2011 |
47d, Burlington Road, SW6 4NH | 310,000 |
21/02/2011 |
Consort House, Flat 24, Lensbury Avenue, SW6 2JZ | 495,000 |
21/02/2011 |
330a, Wandsworth Bridge Road, SW6 2TZ | 575,000 |
21/02/2011 |
36, Perrymead Street, SW6 3SP | 1,900,000 |
21/02/2011 |
West London Studios, 402, Flat 22, Fulham Road, SW6 1HR | 185,000 |
18/02/2011 |
Octavia House, 213, Flat 73, Townmead Road, SW6 2FH | 649,950 |
18/02/2011 |
Fulham Park House, 1a, Flat 1, Chesilton Road, SW6 5AA | 555,000 |
18/02/2011 |
10, Novello Street, SW6 4JB | 775,000 |
18/02/2011 |
2, Hurlingham Road, SW6 3QY | 1,400,000 |
18/02/2011 |
Octavia House, 213, Flat 88, Townmead Road, SW6 2FJ | 182,700 |
17/02/2011 |
135b, Munster Road, SW6 6DD | 500,000 |
17/02/2011 |
Octavia House, 213, Flat 95, Townmead Road, SW6 2FJ | 208,800 |
16/02/2011 |
149, Flat 1, Hurlingham Road, SW6 3NH | 415,000 |
15/02/2011 |
18, Foskett Road, SW6 3LZ | 1,375,000 |
15/02/2011 |
Octavia House, 213, Flat 49, Townmead Road, SW6 2FH | 659,950 |
14/02/2011 |
Octavia House, 213, Flat 58, Townmead Road, SW6 2FH | 389,950 |
14/02/2011 |
42, First Floor Flat, Stokenchurch Street, SW6 3TR | 280,000 |
11/02/2011 |
57, Brookville Road, SW6 7BH | 912,000 |
11/02/2011 |
33, Walham Grove, SW6 1QR | 1,800,000 |
11/02/2011 |
1, Niton Street, SW6 6NH | 1,500,000 |
11/02/2011 |
140, Wardo Avenue, SW6 6RD | 665,000 |
11/02/2011 |
Octavia House, 213, Flat 57, Townmead Road, SW6 2FH | 391,950 |
10/02/2011 |
Romily Court, Flat 37, Landridge Road, SW6 4LL | 275,000 |
10/02/2011 |
60, Crabtree Lane, SW6 6LW | 350,000 |
10/02/2011 |
24, Horder Road, SW6 5EE | 637,000 |
10/02/2011 |
21, Flat 4, Colehill Lane, SW6 5EF | 450,000 |
09/02/2011 |
21, Flat 2, Colehill Lane, SW6 5EF | 740,000 |
09/02/2011 |
Sulivan Court, Flat 162, Broomhouse Lane, SW6 3DN | 250,000 |
09/02/2011 |
71, Wandsworth Bridge Road, SW6 2TB | 499,500 |
09/02/2011 |
22, Delvino Road, SW6 4AD | 1,590,000 |
08/02/2011 |
Octavia House, 213, Flat 33, Townmead Road, SW6 2FH | 394,950 |
07/02/2011 |
20, Horder Road, SW6 5EE | 625,000 |
07/02/2011 |
15, Allestree Road, SW6 6AD | 911,000 |
07/02/2011 |
62, Bishops Road, SW6 7AH | 350,000 |
04/02/2011 |
Cundall Court, Flat 5, Mablethorpe Road, SW6 6AH | 285,000 |
04/02/2011 |
The Piper Building, Flat 48, Peterborough Road, SW6 3EF | 920,000 |
04/02/2011 |
Rivermead Court, 166, Ranelagh Gardens, SW6 3SF | 820,000 |
04/02/2011 |
14, Hestercombe Avenue, SW6 5LG | 1,952,500 |
04/02/2011 |
84, Dawes Road, SW6 7EJ | 710,000 |
03/02/2011 |
58, Mendora Road, SW6 7NB | 645,000 |
03/02/2011 |
19, Tamworth Street, SW6 1LG | 935,000 |
03/02/2011 |
404 - 406, Flat 6, North End Road, SW6 1LU | 440,000 |
02/02/2011 |
28, Crookham Road, SW6 4EQ | 427,000 |
02/02/2011 |
160, The Studio, New Kings Road, SW6 4SN | 435,000 |
02/02/2011 |
1, Elthiron Road, SW6 4BN | 2,975,000 |
02/02/2011 |
107, Inglethorpe Street, SW6 6NU | 465,000 |
01/02/2011 |
26, Tournay Road, SW6 7UF | 1,600,000 |
01/02/2011 |
June 14, 2011