Month sets new record for local home prices
August appears to have been an exceptionally strong month for the local property market with the average transaction price in SW15 reaching £640,961. This is the highest monthly average on record.
Eleven properties changed hands for over £1 million with three of those reaching over £2 million.
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 - August 2010
| Address | Price (£) | Deed Date |
| 20, Roehampton Gate, SW15 5JS | 2,150,000 |
31/08/2010 |
| 12, Quill Lane, SW15 1PD | 500,000 |
31/08/2010 |
| 19b, Roehampton Lane, SW15 5LS | 422,000 |
31/08/2010 |
| Belvedere Court, 372 - 374, Flat 44, Upper Richmond Road, SW15 6HY | 305,000 |
31/08/2010 |
| 2, Campion Road, SW15 6NW | 1,501,000 |
27/08/2010 |
| 7, Spencer Walk, SW15 1PL | 1,478,000 |
27/08/2010 |
| 39, Mexfield Road, SW15 2RG | 880,000 |
27/08/2010 |
| 48, Bective Road, SW15 2QA | 860,000 |
27/08/2010 |
| Magdalene House, Flat 14, Manor Fields, SW15 3LU | 550,000 |
27/08/2010 |
| 46, Upper Flat, Lacy Road, SW15 1NL | 297,500 |
27/08/2010 |
| 1, Genoa Avenue, SW15 6DY | 2,750,000 |
26/08/2010 |
| 14, Holroyd Road, SW15 6LN | 1,650,000 |
26/08/2010 |
| 39, Crestway, SW15 5DB | 950,000 |
26/08/2010 |
| 32, Disraeli Road, SW15 2DS | 820,000 |
26/08/2010 |
| 6, Penrith Close, SW15 2HQ | 515,000 |
26/08/2010 |
| Beechwood, Flat 1, Putney Heath Lane, SW15 3JF | 475,000 |
26/08/2010 |
| 39c, Schubert Road, SW15 2QT | 375,000 |
26/08/2010 |
| 444, Flat 1, Upper Richmond Road, SW15 5RQ | 627,000 |
25/08/2010 |
| 15a, Chelverton Road, SW15 1RN | 499,999 |
25/08/2010 |
| 24a, Keswick Avenue, SW15 3QJ | 402,000 |
25/08/2010 |
| 38, Fawe Park Road, SW15 2EA | 785,000 |
23/08/2010 |
| 16, Fanthorpe Street, SW15 1DZ | 645,000 |
23/08/2010 |
| 7, Roehampton Close, SW15 5LU | 330,000 |
23/08/2010 |
| Maple Lodge, 2, Flat 4, Whitefield Close, SW15 3SS | 276,000 |
23/08/2010 |
| 59, Woking Close, SW15 5LA | 230,000 |
23/08/2010 |
| 12, Westmead, SW15 5BQ | 1,850,000 |
20/08/2010 |
| 184, Flat 2, Putney Bridge Road, SW15 2NG | 415,000 |
20/08/2010 |
| Gilbert Scott Building, Flat F303, Scott Avenue, SW15 3SG | 405,000 |
20/08/2010 |
| Fairlawns, Flat 4, Putney Hill, SW15 6BD | 400,000 |
20/08/2010 |
| 7, The Footpath, SW15 5AW | 365,000 |
20/08/2010 |
| 160, Second Floor Flat, Putney Bridge Road, SW15 2NG | 308,500 |
20/08/2010 |
| Highlands Heath, Flat 111, Portsmouth Road, SW15 3TY | 493,000 |
19/08/2010 |
| 348, Dowdeswell Close, SW15 5RP | 322,000 |
19/08/2010 |
| Stormont House, 19, Flat 22, Scott Avenue, SW15 3PA | 485,000 |
18/08/2010 |
| 15, Medfield Street, SW15 4JY | 380,000 |
18/08/2010 |
| 132, Westleigh Avenue, SW15 6UZ | 380,000 |
18/08/2010 |
| Fairheathe, 43, Flat 2, Putney Hill, SW15 6QP | 345,000 |
17/08/2010 |
| 221, Ground And Basement Flat, Putney Bridge Road, SW15 2PX | 270,000 |
17/08/2010 |
| 151, Huntingfield Road, SW15 5EN | 365,000 |
16/08/2010 |
| John Clynes Court, Flat 24, Woodborough Road, SW15 6PU | 264,000 |
16/08/2010 |
| 41, Flat 2, Upper Richmond Road, SW15 2RF | 470,000 |
13/08/2010 |
| 139, Ground Floor And Basement Flat At, Disraeli Road, SW15 2DZ | 455,000 |
13/08/2010 |
| 5, Hobbes Walk, SW15 5AQ | 425,000 |
13/08/2010 |
| Dryburgh Court, 1, Flat 6, Dryburgh Road, SW15 1BN | 396,000 |
13/08/2010 |
| 177, Dover House Road, SW15 5AE | 375,000 |
13/08/2010 |
| Fairheathe, 43, Flat 13, Putney Hill, SW15 6QP | 320,000 |
13/08/2010 |
| 31, Sefton Street, SW15 1NA | 710,000 |
12/08/2010 |
| 33, Bective Road, SW15 2QA | 587,000 |
12/08/2010 |
| Belvedere Court, 372 - 374, Flat 21, Upper Richmond Road, SW15 6HY | 265,000 |
12/08/2010 |
| 34, Flat B, Westleigh Avenue, SW15 6RD | 242,000 |
12/08/2010 |
| 13, Holroyd Road, SW15 6LN | 1,650,000 |
11/08/2010 |
| 23, Carmalt Gardens, SW15 6NE | 1,455,000 |
11/08/2010 |
| 93, Chelverton Road, SW15 1RW | 1,192,000 |
11/08/2010 |
| 36, Coalecroft Road, SW15 6LP | 725,000 |
11/08/2010 |
| 40, Flat 6, Carlton Drive, SW15 2DG | 692,500 |
11/08/2010 |
| 175, Putney Bridge Road, SW15 2NZ | 550,000 |
11/08/2010 |
| 17, Fanthorpe Street, SW15 1DZ | 1,084,000 |
10/08/2010 |
| 10, Colebrook Close, SW15 3HZ | 460,000 |
10/08/2010 |
| Heath Royal, 30, Flat 67, Kersfield Road, SW15 3HA | 320,000 |
10/08/2010 |
| 8, Flat 2, Werter Road, SW15 2LJ | 500,000 |
09/08/2010 |
| 62, Flat 2, Hazlewell Road, SW15 6LR | 400,000 |
09/08/2010 |
| 27, Rotherwood Road, SW15 1LA | 825,000 |
06/08/2010 |
| Gilbert Scott Building, Flat 61, Scott Avenue, SW15 3ST | 630,000 |
06/08/2010 |
| Common View, Flat 9, Putney Common, SW15 1HN | 360,000 |
06/08/2010 |
| 31, Askill Drive, SW15 2HX | 330,000 |
06/08/2010 |
| Lancaster House, Flat 2, Horne Way, SW15 1JB | 250,000 |
06/08/2010 |
| 115, Roehampton Vale, SW15 3PG | 249,950 |
06/08/2010 |
| 38, Huntingfield Road, SW15 5EU | 472,500 |
05/08/2010 |
| 96, Crestway, SW15 5DD | 440,000 |
05/08/2010 |
| 57, Rusholme Road, SW15 3LF | 2,175,000 |
04/08/2010 |
| 5, Bective Road, SW15 2QA | 902,500 |
04/08/2010 |
| 20a, Werter Road, SW15 2LJ | 606,500 |
04/08/2010 |
| 4, Arlesey Close, SW15 2EX | 470,000 |
04/08/2010 |
| 35, Medfield Street, SW15 4JY | 409,500 |
04/08/2010 |
| 121, Putney Bridge Road, SW15 2PA | 585,000 |
03/08/2010 |
| 19, Flat 4, Chartfield Avenue, SW15 6DX | 433,000 |
02/08/2010 |
| Lockyer House, Flat 53, The Platt, SW15 1EE | 351,000 |
02/08/2010 |
| 366, Flat 5, Upper Richmond Road, SW15 6TS | 285,000 |
02/08/2010 |
| Mildmay House, Flat 16, Whitnell Way, SW15 6BZ | 266,500 |
02/08/2010 |
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