June sees strong performance from local property market
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Despite the gloomy predictions for the market June has seen the highest ever average price for property changing hands in Putney.
The overall average was £668,479 well above the levels seen in April and May. Volumes continue to be exceptionally low so the true direction of the market remains difficult to determine but, as yet, the official data gives no indication of prices being in a tailspin.
The market previously peaked at over £500,000 in the fourth quarter of last year.
James French from Douglas & Gordon in Putney commented that:
"The sales market in Putney, despite all the bad press and negative television bulletins, remains relatively strong, but numbers of buyers registrations has taken a remarkable dive so accurate pricing remains the key to achieving a sale.
Prices for unusual or exceptional properties remain unchanged but overall reduced asking prices are the norm and I expect asking prices to fall by 25%. The market needed to correct and now is the time to consider buying, as this time last year we were experiencing best and final bids, huge demands for properties with a lack of supply and buyers were being forced to pay in excess of the asking prices"
Date |
Address |
Price |
|
| 30/06/08 | 8, Fontley Way | SW15 4LY | £250,000 |
| 29/06/08 | 73, Festing Road | SW15 1LW | £845,000 |
| 27/06/08 | 63, Tildesley Road | SW15 3AA | £204,950 |
| 27/06/08 | 68, Mexfield Road | SW15 2RQ | £790,000 |
| 27/06/08 | 39, Howards Lane | SW15 6NX | £1,475,000 |
| 27/06/08 | 39, Hazlewell Road | SW15 6LS | £2,700,000 |
| 27/06/08 | Cadbury House, Flat 8, Dromore Road | SW15 3ET | £520,000 |
| 24/06/08 | 37, Westleigh Avenue | SW15 6RQ | £1,600,000 |
| 24/06/08 | 241, Frensham Drive | SW15 3EE | £210,000 |
| 23/06/08 | 154 160 Wellington House, Flat 1, Upper Richmond Road | SW15 2SW | £365,000 |
| 23/06/08 | 10, Balmoral Close | SW15 6RP | £626,000 |
| 20/06/08 | 114, Fawe Park Road | SW15 2EQ | £845,000 |
| 20/06/08 | Henry Jackson House, Flat 23, Henry Jackson Road | SW15 1DL | £329,000 |
| 20/06/08 | 31a, Oxford Road | SW15 2LH | £420,000 |
| 19/06/08 | 29, Commondale | SW15 1HS | £500,000 |
| 18/06/08 | 28, Nursery Close | SW15 6AS | £340,000 |
| 17/06/08 | Ross Court, H Penthouse, Putney Hill | SW15 3NY | £617,000 |
| 17/06/08 | Magdalene House, Flat 2, Manor Fields | SW15 3LU | £525,000 |
| 16/06/08 | 28 Putney Wharf, Flat 76, Brewhouse Lane | SW15 2JX | £745,000 |
| 16/06/08 | 37, Lifford Street | SW15 1NY | £730,000 |
| 16/06/08 | 43, Hotham Road | SW15 1QL | £1,145,000 |
| 16/06/08 | Mansfield House, Flat 2, Manor Fields | SW15 3NQ | £632,000 |
| 16/06/08 | 63, Bowness Crescent | SW15 3QN | £375,000 |
| 13/06/08 | 7, Wadham Road | SW15 2LS | £801,000 |
| 13/06/08 | 73, Flat 12, Upper Richmond Road | SW15 2SR | £360,000 |
| 13/06/08 | 135 Griffin Gate, Flat 6, Lower Richmond Road | SW15 1EZ | £485,000 |
| 13/06/08 | 152a, Lower Richmond Road | SW15 1LU | £300,000 |
| 12/06/08 | 2, Dover Park Drive | SW15 5BG | £1,695,000 |
| 12/06/08 | 6, Tintern Close | SW15 2HF | £630,000 |
| 12/06/08 | 40, Woking Close | SW15 5LA | £250,000 |
| 12/06/08 | 106 St Marys Hall, Flat 5, Felsham Road | SW15 1DQ | £420,500 |
| 11/06/08 | 8, Winthorpe Road | SW15 2LW | £1,250,000 |
| 11/06/08 | Common View, Flat 5, Putney Common | SW15 1HN | £290,000 |
| 11/06/08 | 29, Holroyd Road | SW15 6LN | £1,300,000 |
| 11/06/08 | 39, Bective Road | SW15 2QA | £851,000 |
| 11/06/08 | 25, Erpingham Road | SW15 1BE | £900,000 |
| 11/06/08 | 73, Flat 54, Upper Richmond Road | SW15 2SR | £530,000 |
| 10/06/08 | 40, Lacy Road | SW15 1NL | £740,000 |
| 09/06/08 | 1 Castle Court, Flat 37, Brewhouse Lane | SW15 2JJ | £494,000 |
| 06/06/08 | 153, Tildesley Road | SW15 3AU | £195,000 |
| 06/06/08 | 55, Oakhill Road | SW15 2QJ | £860,000 |
| 06/06/08 | 14, Modder Place | SW15 1PA | £490,000 |
| 06/06/08 | 9, Flat 2, Carmalt Gardens | SW15 6NE | £350,000 |
| 06/06/08 | 4c, Fawe Park Road | SW15 2EA | £280,000 |
| 05/06/08 | 3, Hotham Road | SW15 1QL | £980,000 |
| 05/06/08 | 61, Flat C, Lower Richmond Road | SW15 1ET | £380,000 |
| 04/06/08 | 85, Hayward Gardens | SW15 3BZ | £242,000 |
| 04/06/08 | Court Royal, Flat 6, Carlton Drive | SW15 2BJ | £543,000 |
| 03/06/08 | Court Royal, Flat 28, Carlton Drive | SW15 2BJ | £350,000 |
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.
October 10, 2008