Putney Property Prices Remain Stable

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High levels of previous quarter maintained despite credit crunch

The latest official figures from the Land Registry are showing that Putney property prices have remained at high levels despite the poor economic background.

Prices are actually up by 2.2% over the last year and now average £511,198 in the SW15 post code area.

The average house price in England and Wales stands at £180,781 in June, which is a decrease from last month. House prices in these two countries have fallen for ten consecutive months.

The average property price in London is currently £345,136, which is up 2.5% over the last year although the level has been falling for the last 5 months.

The numbers are subject to revision as usually some properties are added late to the Land Registry's database.

 

Putney Property Prices - July- September 2008

Area	Detached	Sales	Semi-Det	Sales	Terrace	Sales	Flats	Sales	Total Ave	Total Sales
SW15 1	0	0	1640000	4	792800	15	461195	22	697519	41
SW15 2	0	0	0	0	1091416	6	355581	31	474906	37
SW15 3	0	0	396250	4	0	0	375691	18	379429	22
SW15 4	0	0	0	0	0	0	227493	8	227493	8
SW15 5	0	0	0	0	369750	4	508000	6	452700	10
SW15 6	1495000	3	0	0	495300	5	297775	16	488579	24
Total	1495000	3	1018125	8	746533	30	371922	101	511198	142
Last quarter	14.9%	0.0%	-37.3%	33.3%	3.8%	-28.6%	4.0%	-17.2%	1.1%	-17.9%
Last year	-21.4%	-80.0%	2.6%	-70.4%	7.8%	-62.5%	18.1%	-62.3%	2.2%	-63.6%
Last three years	15.1%	-82.4%	41.2%	-80.5%	67.6%	-55.9%	49.2%	-51.2%	27.5%	-57.4%
Last five years	1.3%	-62.5%	71.2%	-50.0%	82.6%	-67.4%	60.9%	-65.6%	65.2%	-65.4%

 

 

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.

February 27, 2009