SW15 home values fall from Summer peak
Local property prices seem to have cooled from the record levels seen during the Summer according to the figures released by the Land Registry for September 2010. The average price of a property sold in SW15 during the month was £528,818, well below the average for August which moved over £600,000. However, prices have just fallen back to levels seen earlier in the year.
Part of the fall is due to slower sales of properties at the top end of the market with just four sales over £1 million compared with eleven in August.
For London as a whole the Land Registry data shows an increase of 8.8% in September over the same month in 2009. The average price of a London residential properly is now £340,344. This is the smallest annual rise since December 2009. Compared to August prices fell by 0.6%
The Nationwide's House Price index is suggesting a lower overall increase in prices than the Land Registry. This is based on offer prices for homes rather than achieved sale prices. Martin Gahbauer, Nationwide's Chief Economist, said, "October saw a continuation of the modest downward trend in house prices that began at the start of the summer. The average price of a typical UK property edged down by a seasonally adjusted 0.7% month-on month
in October."
He now thinks that a second round of quantitative easing will be supportive for the property market.
Properties Sold in SW15 - September 2010
| Address | Price (£) | Deed Date |
| 43, Rusholme Road, SW15 3LF | 1,240,000 |
30/09/2010 |
| 16, Mendez Way, SW15 5GA | 795,000 |
30/09/2010 |
| 53, Lytton Grove, SW15 2HD | 718,000 |
30/09/2010 |
| 9, Alton Road, SW15 4LF | 635,000 |
30/09/2010 |
| 3, Beaufort Close, SW15 3TL | 840,000 |
28/09/2010 |
| 21, Hawkesbury Road, SW15 5HL | 270,000 |
28/09/2010 |
| Putney Park House, 69, Flat 10, Pleasance Road, SW15 5HJ | 290,000 |
27/09/2010 |
| 44, Mexfield Road, SW15 2RQ | 932,500 |
24/09/2010 |
| 143, Lower Richmond Road, SW15 1EZ | 725,000 |
24/09/2010 |
| 12, Blackett Street, SW15 1QG | 500,000 |
24/09/2010 |
| 23, Flat C, Lytton Grove, SW15 2EZ | 499,950 |
24/09/2010 |
| 18, Atney Road, SW15 2PS | 230,000 |
24/09/2010 |
| 6, Windermere Road, SW15 3QP | 920,000 |
23/09/2010 |
| 45, Ashlone Road, SW15 1LS | 835,000 |
23/09/2010 |
| 59, Rusholme Road, SW15 3LF | 2,200,000 |
22/09/2010 |
| Silver Dene, 2, Larpent Avenue, SW15 6UX | 430,000 |
22/09/2010 |
| 21, Flat C, Disraeli Road, SW15 2DR | 325,000 |
21/09/2010 |
| 12, Spencer Walk, SW15 1PL | 1,185,000 |
17/09/2010 |
| 15, Gladwyn Road, SW15 1JY | 762,500 |
17/09/2010 |
| 133, Oakhill Road, SW15 2QL | 340,000 |
17/09/2010 |
| Manfred Court, Flat 20, Manfred Road, SW15 2RT | 318,000 |
17/09/2010 |
| 132, Felsham Road, SW15 1DP | 279,350 |
17/09/2010 |
| 256, Flat A, Upper Richmond Road, SW15 6TQ | 425,000 |
16/09/2010 |
| Richmond House, 1, Upper Richmond Road, SW15 6SN | 995,000 |
14/09/2010 |
| 399b, Upper Richmond Road, SW15 5QZ | 490,000 |
14/09/2010 |
| Common View, Flat 8, Putney Common, SW15 1HN | 335,000 |
14/09/2010 |
| 7, Lantern Close, SW15 5QS | 620,000 |
10/09/2010 |
| 237, Dover House Road, SW15 5AF | 418,500 |
10/09/2010 |
| 24a, Disraeli Road, SW15 2DS | 340,000 |
10/09/2010 |
| Heath Royal, 20, Flat 26, Putney Heath Lane, SW15 3LD | 320,000 |
10/09/2010 |
| Park Royal, Apartment 3, Kingston Vale, SW15 3RN | 295,000 |
10/09/2010 |
| Wharncliffe House, Flat 2, Whitnell Way, SW15 6BX | 272,000 |
10/09/2010 |
| 86, Alton Road, SW15 4NS | 265,000 |
10/09/2010 |
| 16, Rydal Gardens, SW15 3QQ | 490,000 |
09/09/2010 |
| 10, Fairdale Gardens, SW15 6JW | 477,000 |
09/09/2010 |
| Westmore Court, 17 - 20, Flat 22, Carlton Drive, SW15 2BU | 350,000 |
09/09/2010 |
| 26, Vale Crescent, SW15 3PN | 157,000 |
09/09/2010 |
| Lockyer House, Flat 16, The Platt, SW15 1EE | 293,000 |
08/09/2010 |
| 41a, First Floor Flat, Montserrat Road, SW15 2LD | 499,950 |
07/09/2010 |
| Aspire Building, 10, Flat 5, Upper Richmond Road, SW15 2TS | 355,000 |
07/09/2010 |
| 17, St Stephens Gardens, SW15 2RR | 280,000 |
07/09/2010 |
| 64, Dover House Road, SW15 5AU | 480,000 |
06/09/2010 |
| 26, Cotman Close, SW15 6RG | 317,000 |
06/09/2010 |
| Pine Lodge, 1, Flat 14, Whitefield Close, SW15 3SS | 315,000 |
06/09/2010 |
| 35, Howards Lane, SW15 6NX | 1,560,000 |
03/09/2010 |
| 14, Borneo Street, SW15 1QQ | 975,000 |
03/09/2010 |
| 4, Brandlehow Road, SW15 2ED | 847,500 |
03/09/2010 |
| 9, Holm Oak Close, SW15 2UN | 444,000 |
03/09/2010 |
| 100, Flat B, Felsham Road, SW15 1DQ | 420,000 |
03/09/2010 |
| 5, Ground Floor Flat, Skelgill Road, SW15 2EF | 382,500 |
03/09/2010 |
| 19c, Roehampton Lane, SW15 5LS | 360,000 |
03/09/2010 |
| 30, Clockhouse Place, SW15 2EL | 346,725 |
03/09/2010 |
| 22, Newnes Path, SW15 5JB | 340,000 |
03/09/2010 |
| George Court, 13, Norstead Place, SW15 3SA | 250,000 |
03/09/2010 |
| Grangewood, 48 - 50, Flat 8, Upper Richmond Road, SW15 2RN | 250,000 |
03/09/2010 |
| 79, Fawe Park Road, SW15 2EG | 467,500 |
02/09/2010 |
| 35, Flat, Roehampton Close, SW15 5LU | 439,950 |
02/09/2010 |
| 3, Stroud Crescent, SW15 3EL | 255,000 |
02/09/2010 |
| Kemble Hall, 24, Flat 7, Keswick Road, SW15 2JP | 360,000 |
01/09/2010 |
| 23, Mere Close, SW15 3HX | 250,000 |
01/09/2010 |
| Ducie House, Flat 18, Whitnell Way, SW15 6BU | 249,950 |
01/09/2010 |
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