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Sales
in Putney down 21.9%
Average
Putney property costs £316,522 according to Land Registry
Putney
prices up 0.6% in the quarter to December 2003 (Land Registry)
Putney
prices down 10% over the last year
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Putney
Property Price Shock
Latest numbers show fall in prices as rest of
London sees recovery
The
latest numbers from the Land Registry show that property prices in Putney
appear to have only just avoided stagnation over the past quarter.
This
is in sharp contrast to both the national and London trend which saw rises
over the same period.
Data
from the last quarter shows that prices have stagnated with local prices
were up by a mere 0.6% over the quarter to bring the average price of
a property in Putney to £316,522. This is still 10% lower than they were
a year ago.
The
figures came before the latest rise in the base rate so it remains unclear
how this will impact the market.
Stephen Rodgers of Berkeley
Consultants, who are an Independent Mortgage Specialists said “the
recent base rate movement was designed by the Bank Of England to start
people thinking about their overall household debt."
Putney
Property Price Changes Oct- Dec 2003
| -Region |
Detatched |
Semi-detached |
Terraced |
Flat
and Maisonettes |
Overall
Change |
| Ave.
Price £ |
Sales |
Ave.
Price £ |
Sales |
Ave.
Price £ |
Sales |
Ave.
Price £ |
Sales |
Ave.
Price £ |
|
Sales |
| SW15
1 |
0 |
0 |
787500
|
4 |
482122
|
18 |
269575
|
38 |
367867
|
|
60 |
| SW15
2 |
0 |
0 |
0 |
0 |
435389
|
6 |
312491
|
61 |
338028
|
|
77 |
| SW15
3 |
670916
|
3 |
0 |
0 |
346357
|
7 |
201861 |
42 |
248373
|
|
52 |
| SW15
4 |
0 |
0 |
0 |
0 |
236071
|
7 |
129437
|
16 |
161890
|
|
23 |
| SW15
5 |
1536750
|
4 |
271125
|
4 |
283938
|
19 |
212423
|
13 |
384695
|
|
40 |
| SW15
6 |
0
|
0 |
1008500
|
3 |
330676
|
8 |
264432
|
49 |
310467
|
|
60 |
| Change
in Quarter |
|
|
1.8% |
-26.7% |
-7.2% |
-2.6% |
9.1% |
-13.8% |
0.6% |
|
-11.9% |
|
Change in Year |
|
|
22.0% |
-47.6% |
-16.1% |
10.3% |
-7.4% |
-7.6% |
-10% |
|
-7.4% |
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.
10th February
2004
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