Figures show prices falling from their peak in SW15
The latest data from the Land Registry is showing that the average price of a Putney property sold during February was £402,550 compared to £464,034 in January. The market peaked at over £500,000 in the fourth quarter of last year
With a short month and relatively few properties sold it is possible that the fall in prices in February has more to do with the mix of properties that came to the market as opposed to a general fall in prices. The average for March so far is £452,132.
As yet the numbers provide little substantial evidence that there is a decisive move down in local property values although they do reflect conditions prevailing in the market a few months ago. Since this period the worst of the credit crunch in the mortgage market occurred so the impact of that will be seen in future reports.
A spokeman for local agent Warrens said:
"there is undoubtedly a downward move, but the figures shown do not truly represent the Putney market as a whole. Over 80% of the properties listed are flats and perhaps more susceptible to the mortgage lenders tightening their belts. The family house market has certainly been affected by the banking sectors misfortunes but in our experience not to the same extent as the flat market. Many families in Putney fortunately have the luxury of being able to stay put rather than having to sell in a tricky market. The result being a reduced number of transactions rather than falling prices."
A more detailed property report will be published shortly in the PutneySW15.com newsletter. .
Date |
Address |
Price |
|
29/02/08 | 37, Ground Floor Flat, Bendemeer Road | SW15 1JX | £496,000 |
29/02/08 | Sprewell House, Flat 1, Lytton Grove | SW15 2EU | £212,500 |
29/02/08 | Espirit House, 14, Keswick Road | SW15 2JL | £443,000 |
29/02/08 | 21, Bective Place | SW15 2PQ | £835,000 |
29/02/08 | 47, Upper Richmond Road | SW15 2RF | £619,950 |
29/02/08 | 63, Cortis Road | SW15 3AF | £250,000 |
29/02/08 | 143, Carslake Road | SW15 3DD | £245,000 |
29/02/08 | 9 Stafford House, Flat 10, Scott Avenue | SW15 3PA | £310,000 |
29/02/08 | 24, Greenstead Gardens | SW15 5AJ | £366,000 |
29/02/08 | 110, Arabella Drive | SW15 5LG | £240,000 |
29/02/08 | 401 Roehampton Wick, Flat 5, Upper Richmond Road | SW15 5QW | £287,500 |
29/02/08 | 415b, Upper Richmond Road | SW15 5QX | £330,000 |
29/02/08 | 74, Dowdeswell Close | SW15 5RL | £332,700 |
29/02/08 | Hill Court, Flat 40, Putney Hill | SW15 6BB | £220,000 |
29/02/08 | 9, Flat 3, Gwendolen Avenue | SW15 6ET | £356,000 |
29/02/08 | 43 Fairheathe, Flat 8, Putney Hill | SW15 6QP | £310,000 |
29/02/08 | Ormonde Court, Flat 46, Upper Richmond Road | SW15 6TP | £249,000 |
28/02/08 | 16a, Schubert Road | SW15 2QS | £360,000 |
28/02/08 | 16a, Schubert Road | SW15 2QS | £360,000 |
26/02/08 | 10, Vanneck Square | SW15 5DX | £136,000 |
25/02/08 | 54, Evenwood Close | SW15 2DA | £325,000 |
25/02/08 | Exeter House, Flat 8, Putney Heath | SW15 3SU | £485,000 |
25/02/08 | 38a Criterion House, Flat 1, Putney Hill | SW15 6AQ | £474,500 |
22/02/08 | 17, Flat 1, Oxford Road | SW15 2LG | £235,000 |
22/02/08 | 39a, Schubert Road | SW15 2QT | £355,000 |
22/02/08 | 162, Flat 3, West Hill | SW15 3SR | £385,000 |
22/02/08 | 20, Horndean Close | SW15 4BE | £380,000 |
22/02/08 | 11, Toland Square | SW15 5PA | £362,000 |
22/02/08 | March Court, Flat 109, Warwick Drive | SW15 6LD | £437,000 |
19/02/08 | 1 Castle Court, Flat 39, Brewhouse Lane | SW15 2JJ | £320,000 |
19/02/08 | 12, Flat 2, Rossdale Road | SW15 1AD | £450,000 |
18/02/08 | 127, Hayward Gardens | SW15 3BY | £184,000 |
18/02/08 | 6, Cedar Mews | SW15 6ED | £762,500 |
15/02/08 | 7a, Burstock Road | SW15 2PW | £375,000 |
15/02/08 | 27, Burstock Road | SW15 2PW | £790,000 |
15/02/08 | 10, Roehampton Vale | SW15 3RY | £492,000 |
15/02/08 | 77, Huntingfield Road | SW15 5EA | £452,000 |
15/02/08 | 1 Cornerways, Flat 2, Daylesford Avenue | SW15 5QP | £370,000 |
15/02/08 | 237, Flat B, Upper Richmond Road | SW15 6SN | £230,000 |
15/02/08 | 217 Percy Laurie House, Flat 51, Upper Richmond Road | SW15 6SY | £370,000 |
14/02/08 | 1 Cavendish Close, Flat 4, St Johns Avenue | SW15 2AL | £462,500 |
14/02/08 | 10, Askill Drive | SW15 2HX | £303,000 |
14/02/08 | 27, Robin Hood Way | SW15 3PW | £421,700 |
14/02/08 | Dorincourt, Kingston Vale | SW15 3RN | £1,010,000 |
14/02/08 | 150, Flat 3, West Hill | SW15 3SR | £375,000 |
13/02/08 | 22 Marlin House, Flat 28, St Johns Avenue | SW15 2AA | £630,000 |
11/02/08 | 12, Eliot Gardens | SW15 5NB | £525,000 |
08/02/08 | 132, Felsham Road | SW15 1DP | £180,000 |
08/02/08 | Stanhope House, Flat 19, Whitnell Way | SW15 6BY | £250,000 |
08/02/08 | 8a, Flat 9, Cambalt Road | SW15 6EW | £156,000 |
08/02/08 | 13b, Hazlewell Road | SW15 6LU | £225,000 |
08/02/08 | 27, Lower Park | SW15 6QY | £457,500 |
05/02/08 | 4a, Bangalore Street | SW15 1QE | £540,000 |
05/02/08 | 34, Colebrook Close | SW15 3HZ | £425,000 |
05/02/08 | Cadnam Point, Flat 41, Dilton Gardens | SW15 4BY | £147,000 |
04/02/08 | 11, Oakhill Place | SW15 2QN | £300,000 |
01/02/08 | 82, Hotham Road | SW15 1QP | £1,135,000 |
01/02/08 | 21, Chelverton Road | SW15 1RN | £927,000 |
01/02/08 | 99, First And Second Floor Flat, Oakhill Road | SW15 2QL | £440,000 |
01/02/08 | 102, Flat 5, Friars Avenue | SW15 3DU | £179,950 |
01/02/08 | 7, Heath Rise | SW15 3HF | £550,000 |
01/02/08 | 36, Holmbush Road | SW15 3LE | £2,125,000 |
01/02/08 | 23, Fairdale Gardens | SW15 6JW | £499,950 |
01/02/08 | Ullswater, Flat 12, Putney Hill | SW15 6RY | £450,000 |
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.
June 26, 2008
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