Putney Property Prices Remain Strong


SW15 home values have moved up during the Summer

SW15 property prices have averaged £559,096 for sales reported so far in the third quarter of the year.

This suggest that the market has calmed down a bit from the exceptionally high levels seen earlier in the summer but still represents a significant rise over the average in the second quarter which was £513,943.

Since the end of June four houses in the area have changed hands for over £2,000,000 including one in Bank Lane which went for £2,750,000.

Average prices in London as a whole were up by 0.9% in August according to the Land Registry, which brings them to £345,734. This is the sixth month in a row in which the capital's monthly movement has been greater than zero. Compared to August last year prices are up by 11.4% the strongest annual growth experienced by any region in England and Wales.

The Land Registry's House Price Index for August was up by 0.3% the fifth month in a row in which the movement has been positive. This changes the average property value in England and Wales to £167,423. The annual house price change has now remained positive for ten consecutive months, with a movement of 6.7% in August.

More recent figures from the Halifax House Price Index suggest that home values nationally fell back during September. These numbers are based on offer prices rather than actual achieved sale prices.

Commenting on the Halifax House Price Index, Simon Rubinsohn, Royal Institution of Chartered Surveyors chief economist said, “The latest numbers from Halifax provide further evidence that house prices are easing after the strong gains seen through the latter part of 2009 and the early part of 2010. That said, the 3.6 per cent drop in this index in September undoubtedly highlights the extent of the softer trend in prices. On a month by month basis, house prices are always going to display a degree of volatility and in an environment in which transactions activity is subdued this is going to be even more pronounced."

He added, “RICS expects prices to slip a little further over the coming months, but despite the prospect of public spending cuts we believe the risk of large house price falls remains relatively limited.”

Properties Sold in SW15 - July 2010

Address Price (£) Deed Date
84, Flat C, Hazlewell Road, SW15 6UR
1,910,000
30/07/2010
White Lodge, Roehampton High Street, SW15 4HH
1,600,000
30/07/2010
37, Crestway, SW15 5DB
900,000
30/07/2010
52, Bective Road, SW15 2QA
565,000
30/07/2010
Windermere, Flat 12, Lytton Grove, SW15 2ER
406,500
30/07/2010
Exeter House, Flat 28, Putney Heath, SW15 3SX
380,000
30/07/2010
George Court, 6, Norstead Place, SW15 3SA
375,000
30/07/2010
51 - 53, Flat F, Schubert Road, SW15 2QT
370,000
30/07/2010
12a, Oxford Road, SW15 2LF
366,700
30/07/2010
5, Skelgill Road, SW15 2EF
295,000
30/07/2010
48, Dover House Road, SW15 5AU
250,000
30/07/2010
24a, Putney High Street, SW15 1SL
249,950
30/07/2010
208, Huntingfield Road, SW15 5ES
365,000
29/07/2010
George Court, 12, Norstead Place, SW15 3SA
284,500
29/07/2010
44, Rusholme Road, SW15 3LG
2,325,000
28/07/2010
29, Carmalt Gardens, SW15 6NE
1,225,000
28/07/2010
42, Pentlow Street, SW15 1LX
750,000
28/07/2010
Castle Court, 1, Flat 9, Brewhouse Lane, SW15 2JJ
380,000
28/07/2010
88, Flat 1, Hazlewell Road, SW15 6UR
549,600
27/07/2010
26a, Holroyd Road, SW15 6LN
430,000
27/07/2010
108, Flat, Lower Richmond Road, SW15 1LN
250,000
27/07/2010
103, Dover House Road, SW15 5AD
380,000
26/07/2010
65, Hotham Road, SW15 1QW
1,340,000
23/07/2010
43, Mexfield Road, SW15 2RG
800,000
23/07/2010
56, Ashlone Road, SW15 1LR
640,000
23/07/2010
85, Robin Hood Lane, SW15 3QR
550,000
23/07/2010
46, Wadham Road, SW15 2LR
487,000
23/07/2010
3, Penthouse Flat, Cherrywood Drive, SW15 6DS
339,000
23/07/2010
21, Flat F, Disraeli Road, SW15 2DR
445,000
22/07/2010
Aspire Building, 10, Flat 2, Upper Richmond Road, SW15 2TS
285,000
21/07/2010
Woodlands Gate, Flat 19, Woodlands Way, SW15 2SY
250,000
21/07/2010
21, Flat 1, Carmalt Gardens, SW15 6NE
249,950
20/07/2010
97, Vale Crescent, SW15 3PL
184,000
20/07/2010
166, Arabella Drive, SW15 5LG
218,500
20/07/2010
253, Upper Richmond Road, SW15 6SW
2,595,000
19/07/2010
Jordan Court, 18, Upper Richmond Road, SW15 6TJ
202,500
19/07/2010
Phelps House, Flat 25, Felsham Road, SW15 1DF
295,000
19/07/2010
14, Mexfield Road, SW15 2RQ
357,000
19/07/2010
73, Flat 28, Upper Richmond Road, SW15 2SR
358,000
19/07/2010
39, Robin Hood Way, SW15 3PW
485,000
19/07/2010
Lime Court, 2, Flat 10, Gipsy Lane, SW15 5RJ
360,000
16/07/2010
196, Dowdeswell Close, SW15 5RN
225,000
16/07/2010
4, Winchelsea Close, SW15 6HE
425,000
16/07/2010
5, Flat E, Colinette Road, SW15 6QG
310,000
16/07/2010
53, Erpingham Road, SW15 1BQ
1,305,000
16/07/2010
Centrus Apartments, 7, 11, Felsham Road, SW15 1AX
430,000
16/07/2010
18, Mascotte Road, SW15 1NN
625,000
16/07/2010
Kenilworth Court, Flat 69, Lower Richmond Road, SW15 1EN
603,000
16/07/2010
Albury, Constance Close, SW15 3RH
1,600,000
16/07/2010
Gloucester House, 21, Flat 18, Scott Avenue, SW15 3PB
372,000
16/07/2010
209, Frensham Drive, SW15 3ED
200,000
16/07/2010
13, Falmouth Walk, SW15 5DY
490,000
15/07/2010
46, Lower Richmond Road, SW15 1JP
500,000
14/07/2010
Langton Court, 1, Flat 3, Portinscale Road, SW15 2HR
561,500
14/07/2010
66, Crestway, SW15 5DD
330,000
12/07/2010
9, Stanbridge Road, SW15 1DX
889,000
12/07/2010
18, Seaton Close, SW15 3TJ
888,000
12/07/2010
9, Bank Lane, SW15 5JT
2,750,000
09/07/2010
17d, Chartfield Avenue, SW15 6DX
380,000
09/07/2010
18, Kings Keep, SW15 6RA
440,000
09/07/2010
25, Fanthorpe Street, SW15 1DZ
810,000
09/07/2010
5, Cardinal Place, SW15 1NX
920,000
09/07/2010
8, Clockhouse Place, SW15 2EL
365,000
09/07/2010
Lancaster House, Flat 3, Horne Way, SW15 1JB
270,000
09/07/2010
43, Galveston Road, SW15 2RZ
895,000
09/07/2010
16, Normanby Close, SW15 2RL
410,000
09/07/2010
16b, Schubert Road, SW15 2QS
282,500
09/07/2010
12, Flat 21, Cambalt Road, SW15 6EW
150,000
08/07/2010
311, Danebury Avenue, SW15 4DL
250,000
07/07/2010
16, Cherrywood Drive, SW15 6DS
389,700
07/07/2010
5a, Gladwyn Road, SW15 1JY
412,500
06/07/2010
11, Rotherwood Road, SW15 1LA
980,000
06/07/2010
Whitehead House, Flat 2, Whitnell Way, SW15 6DQ
285,000
05/07/2010
Westmark Point, Flat 16, Norley Vale, SW15 4BX
160,000
05/07/2010
115, Deodar Road, SW15 2NU
700,000
05/07/2010
Heath Royal, 20, Flat 27, Putney Heath Lane, SW15 3LD
325,000
05/07/2010
22, Swinburne Road, SW15 5EB
406,500
02/07/2010
5a, Burston Road, SW15 6AR
390,000
02/07/2010
Listergate, 317, Flat 19, Upper Richmond Road, SW15 6ST
458,500
02/07/2010
75, Chelverton Road, SW15 1RW
920,000
02/07/2010
174, Lower Richmond Road, SW15 1LY
645,000
02/07/2010
26, Buttermere Drive, SW15 2HW
330,000
02/07/2010
40, Flat 3, Oxford Road, SW15 2LQ
320,000
02/07/2010
16, Flat 1, Oakhill Road, SW15 2QU
478,500
02/07/2010
17, Flat 5, Oxford Road, SW15 2LG
315,000
02/07/2010
George Court, 2, Norstead Place, SW15 3SA
295,000
02/07/2010
6, Wadham Road, SW15 2LR
725,000
02/07/2010

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.

January 20, 2011