Recent transactions suggest home prices at new high
Sales data released by the Land Registry suggest that Putney property prices have reached new highs in the second half of 2011.
Since the end of June 109 homes have been reported sold at an average price of £659,997. This is well above the record level for any three month period since records began. Although the average may fall as more properties get reported as being sold, it looks like the third quarter of 2011 will mark a new high.
There were 19 properties sold for over £1 million during the period including 3 that went for over £3 million in Heathview Gardens, Bramcote Road and Genoa Avenue.
London was the only region in England and Wales to experience an increase in its average property value over the last 12 months according to the Land Registry. The average price rose by 2.1% to £348,686.
The national House Price Index shows an annual price decrease of 2.6% which takes the average property value in England and Wales to £162,347.
The most up-to-date figures available show that during June 2011, the number of completed house sales in England and Wales decreased by 13% to 54,776 from 62,714 in June 2010. The number of properties sold in England and Wales for over £1 million decreased by 28 per cent between June 2010 and June 2011, from 644 to 465.
Local agent Allan Fuller told PutneySW15.com:
"These figures are fascinating because they are proof of what we have been telling our clients, that the property market is alive and well and living in Putney!"
He continued: " Undoubtedly in many parts of the UK sadly that is not the case, and may well not be for some time. London however is virtually a separate economy, and with property such a finite resource in the sought after areas like ours, it was inevitable that demand would outstrip supply. The prices being achieved here now are above the peak of the market at the end of the boom in 2007."
"The outlook I feel is that demand will continue to drive the market, but the general economy must not be ignored, the problems worldwide and particularly for the Euro cannot be ignored but somehow a way forward has to be found. For anyone contemplating a move my team and I are always on hand to give sensible calm advise in these turbulent times."
"At the moment I expect the market should remain stable. Whatever happens ours will certainly remain an immensely popular place to live."
The numbers below are subject to revision as is it usual that some properties are added late to the Land Registry's database. The latest reported sales are given in the table below.
Properties Sold in SW15 - July 2011
Address | Price (£) | Deed Date |
Fairfax House, Flat 9, Aubyn Square, SW15 5NH | 211,000 |
29/07/2011 |
20, Flat F, Cambalt Road, SW15 6EW | 468,000 |
29/07/2011 |
9, Genoa Avenue, SW15 6DY | 3,656,773 |
29/07/2011 |
21, Flat 2, Carmalt Gardens, SW15 6NE | 405,000 |
29/07/2011 |
Lockyer House, Flat 21, The Platt, SW15 1EE | 295,000 |
29/07/2011 |
36, Ground Floor Flat At, Stanbridge Road, SW15 1DX | 320,000 |
29/07/2011 |
9, First And Second Floor Flat, Bendemeer Road, SW15 1JX | 471,003 |
29/07/2011 |
31, Askill Drive, SW15 2HX | 355,000 |
29/07/2011 |
22, Florian Road, SW15 2NL | 450,000 |
29/07/2011 |
60, Flat 4, Wadham Road, SW15 2LR | 264,000 |
29/07/2011 |
79, Mexfield Road, SW15 2RG | 740,000 |
29/07/2011 |
Garden Royal, Flat 34, Kersfield Road, SW15 3HE | 315,000 |
29/07/2011 |
Ormonde Court, Flat 28, Upper Richmond Road, SW15 6TW | 280,000 |
28/07/2011 |
16, Askill Drive, SW15 2HX | 315,000 |
28/07/2011 |
7, Holmbush Road, SW15 3LE | 530,000 |
28/07/2011 |
227, Frensham Drive, SW15 3EE | 200,000 |
28/07/2011 |
Egliston Lawns, 13, 3, Egliston Road, SW15 1AL | 2,000,000 |
27/07/2011 |
12, Frensham Drive, SW15 3EA | 165,000 |
27/07/2011 |
Inglis House, Flat 11, Whitnell Way, SW15 6BT | 249,950 |
25/07/2011 |
39, Flat 16, Putney Hill, SW15 6BJ | 300,000 |
22/07/2011 |
Devereux House, Flat 10, Aubyn Square, SW15 5NP | 235,000 |
22/07/2011 |
68, Dowdeswell Close, SW15 5RL | 285,000 |
22/07/2011 |
89, Dyers Lane, SW15 6JU | 329,000 |
22/07/2011 |
26, Bramcote Road, SW15 6UG | 1,600,000 |
22/07/2011 |
The Coach House, Luttrell Avenue, SW15 6PA | 3,250,000 |
22/07/2011 |
3, Farlow Road, SW15 1DT | 780,000 |
22/07/2011 |
8, Ashlone Road, SW15 1LR | 825,000 |
22/07/2011 |
22, Quill Lane, SW15 1PD | 899,950 |
22/07/2011 |
11, Borneo Street, SW15 1QQ | 550,000 |
22/07/2011 |
212, Hayward Gardens, SW15 3BU | 212,000 |
22/07/2011 |
86, Ullswater Crescent, SW15 3RQ | 688,500 |
22/07/2011 |
Knight House, 22, Flat 10, Scott Avenue, SW15 3PB | 370,000 |
22/07/2011 |
Reed House, Flat 9, Toland Square, SW15 5PE | 147,000 |
21/07/2011 |
14, Flat 2, Cambalt Road, SW15 6EW | 297,500 |
21/07/2011 |
150, Huntingfield Road, SW15 5ET | 412,000 |
21/07/2011 |
Harwood Court, Flat 6, Upper Richmond Road, SW15 6JD | 195,000 |
19/07/2011 |
11, Bemish Road, SW15 1DG | 760,000 |
19/07/2011 |
10, Flat C, Winthorpe Road, SW15 2LW | 270,000 |
19/07/2011 |
32, Ground Floor Flat, Bective Road, SW15 2QA | 600,000 |
18/07/2011 |
25, Bective Road, SW15 2QA | 675,000 |
18/07/2011 |
Highlands Heath, Flat 87, Portsmouth Road, SW15 3TY | 410,000 |
18/07/2011 |
Burston House, 1, Flat 2, Burston Road, SW15 6AR | 497,500 |
15/07/2011 |
2, Montolieu Gardens, SW15 6PB | 1,600,000 |
15/07/2011 |
Richmond Court, Flat 4, Upper Richmond Road, SW15 6TN | 290,000 |
15/07/2011 |
Lorne Court, 51, Flat 18, Putney Hill, SW15 6RX | 415,000 |
15/07/2011 |
184, Flat 1, Putney Bridge Road, SW15 2NG | 425,000 |
15/07/2011 |
29, Pentlow Street, SW15 1LX | 925,000 |
15/07/2011 |
160, Flat 1, Putney Bridge Road, SW15 2NG | 465,000 |
15/07/2011 |
167, Oakhill Road, SW15 2QW | 620,000 |
15/07/2011 |
61, Vale Crescent, SW15 3PJ | 210,000 |
15/07/2011 |
Glenalmond House, Flat 17, Manor Fields, SW15 3LP | 499,000 |
15/07/2011 |
3, Laneway, SW15 5HX | 320,000 |
15/07/2011 |
Inglis House, Flat 14, Whitnell Way, SW15 6BT | 200,000 |
14/07/2011 |
368, Flat 1, Upper Richmond Road, SW15 6TS | 542,500 |
14/07/2011 |
12, Clarendon Drive, SW15 1AA | 1,050,000 |
14/07/2011 |
Putney Wharf, 25, Flat 87, Brewhouse Lane, SW15 2JX | 900,000 |
14/07/2011 |
62, Mexfield Road, SW15 2RQ | 631,000 |
14/07/2011 |
42, Vanneck Square, SW15 5DX | 160,000 |
14/07/2011 |
20, Flat 2, Holmbush Road, SW15 3LE | 380,000 |
14/07/2011 |
33, Upper Richmond Road, SW15 2RF | 1,400,000 |
13/07/2011 |
12, Woodlawn Close, SW15 2RE | 675,000 |
12/07/2011 |
1b, Ravenna Road, SW15 6AW | 500,000 |
11/07/2011 |
4, Roskell Road, SW15 1DS | 750,000 |
11/07/2011 |
45, Keswick Road, SW15 2JD | 332,000 |
11/07/2011 |
16, Farlington Place, SW15 4AH | 215,000 |
11/07/2011 |
Hill Court, Flat 11, Putney Hill, SW15 6BB | 200,000 |
08/07/2011 |
Harwood Court, Flat 102, Upper Richmond Road, SW15 6JB | 205,000 |
08/07/2011 |
John Keall House, Flat 5, Henry Jackson Road, SW15 1DJ | 352,500 |
08/07/2011 |
Keswick Heights, Flat 17, Keswick Road, SW15 2JR | 377,500 |
08/07/2011 |
14, The Pleasance, SW15 5HF | 427,500 |
08/07/2011 |
75, Huntingfield Road, SW15 5EA | 469,400 |
08/07/2011 |
Bonner House, Flat 11, Aubyn Square, SW15 5NR | 205,000 |
06/07/2011 |
10, Flat 1, Roehampton High Street, SW15 4HJ | 200,000 |
06/07/2011 |
Court Royal, Flat 53, Carlton Drive, SW15 2BJ | 184,000 |
05/07/2011 |
16, Flat 6, Carlton Drive, SW15 2BD | 150,000 |
05/07/2011 |
30a, Galveston Road, SW15 2SA | 460,000 |
05/07/2011 |
21, Bendemeer Road, SW15 1JX | 1,065,000 |
04/07/2011 |
19, Charlwood Road, SW15 1QA | 1,500,000 |
04/07/2011 |
Kenilworth Court, Flat 129, Lower Richmond Road, SW15 1HB | 740,000 |
01/07/2011 |
32, Flat 1, Schubert Road, SW15 2QS | 422,500 |
01/07/2011 |
63c, Rusholme Road, SW15 3LF | 425,000 |
01/07/2011 |
3, Woodmill Close, SW15 5EZ | 380,000 |
01/07/2011 |
17, Dungarvan Avenue, SW15 5QU | 935,000 |
01/07/2011 |
411, Upper Richmond Road, SW15 5QX | 1,670,000 |
01/07/2011 |
1, Seaton Close, SW15 3TJ | 1,695,999 |
01/07/2011 |
27, Dover House Road, SW15 5AA | 440,000 |
01/07/2011 |
252, Huntingfield Road, SW15 5ER | 480,000 |
01/07/2011 |
248, Huntingfield Road, SW15 5ER | 275,000 |
01/07/2011 |
35, Hawkesbury Road, SW15 5HL | 479,950 |
01/07/2011 |
End House Cottage, Akehurst Street, SW15 5DR | 850,000 |
01/07/2011 |
4a, Langside Avenue, SW15 5QT | 500,000 |
01/07/2011 |
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.
November 30, 2011