Home values retrace gains during the month
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The latest Land Registry data shows that the average price of an SW15 property changing hands in April was £456,199. This is below the levels seen in the first quarter of the year.
The average property price in 2010 up to the end of March in SW15 was £515,553. This was 4.8% up on the previous quarter and 18.7% up on the previous year. This sharp rise over the year was mainly driven by an increased number of transactions involving higher priced semi-detached houses.
The April data from Land Registry's House Price Index shows an annual price increase of 14.8% in London. For England and Wales prices are up by 8.5%. This is the sixth month in a row in which the figure has been positive and takes the average property value in England and Wales to £165,596.
The Nationwide House Price index for April shows a 10.1% increase the first double digit annual increase since 2007.
Commenting on the figures Martin Gahbauer, Nationwide's Chief Economist, said, "the more important driver of rising house prices has been the low level of stock for sale, as many homeowners and buy-to-let landlords continue to wait for prices to recover to peak 2007 levels before deciding to sell up or move. The very low level of interest rates has been supportive of this wait-and-see approach, particularly in the buy-to-let sector."
He is anticipating that prices will flatten out over the next few months due to the petering out of new buyer enquiries at estate agents offices and an increase in the number of instructions from sellers.
Properties Sold in SW15 - April 2010
| Address | Price (£) | Deed Date |
| Halford House, Flat 11, Whitnell Way, SW15 6DE | 247,000 |
01/04/2010 |
| 4, Ryefield Path, SW15 4BZ | 225,000 |
01/04/2010 |
| Putney Wharf, 25, Flat 82, Brewhouse Lane, SW15 2JX | 675,000 |
01/04/2010 |
| 36, Flat 3, Schubert Road, SW15 2QS | 295,000 |
01/04/2010 |
| 90, Tildesley Road, SW15 3AS | 165,000 |
01/04/2010 |
| Hindhead Point, Flat 36, Wanborough Drive, SW15 4AW | 173,000 |
06/04/2010 |
| 7, Dungarvan Avenue, SW15 5QU | 780,000 |
07/04/2010 |
| Ashcombe Court, 31, Flat 2, Carlton Drive, SW15 2BW | 240,000 |
07/04/2010 |
| Castle Court, 1, Flat 28, Brewhouse Lane, SW15 2JJ | 1,000,000 |
07/04/2010 |
| 36a, Putney Hill, SW15 6AQ | 1,250,000 |
07/04/2010 |
| 14, Ground Floor Flat, Bendemeer Road, SW15 1JU | 330,000 |
08/04/2010 |
| 307, Flat 3, Upper Richmond Road, SW15 6SS | 352,500 |
08/04/2010 |
| St Marys Hall, 106, Flat 6, Felsham Road, SW15 1DQ | 360,000 |
09/04/2010 |
| Court Royal, Flat 13, Carlton Drive, SW15 2BJ | 320,000 |
09/04/2010 |
| 16, Flat 10, Carlton Drive, SW15 2BD | 121,250 |
09/04/2010 |
| 25, Spencer Walk, SW15 1PL | 520,000 |
09/04/2010 |
| 17, Holroyd Road, SW15 6LN | 1,535,000 |
09/04/2010 |
| 2, Vitali Close, SW15 5EX | 500,000 |
09/04/2010 |
| 3, Hutton Mews, SW15 5HZ | 565,000 |
12/04/2010 |
| Mullens House, Flat 25, Whitnell Way, SW15 6DA | 275,000 |
13/04/2010 |
| Highlands Heath, Flat 126, Portsmouth Road, SW15 3TZ | 485,000 |
14/04/2010 |
| Langton Court, 1, Flat 1, Portinscale Road, SW15 2HR | 485,000 |
14/04/2010 |
| 17, Flat 2, Werter Road, SW15 2LL | 305,000 |
14/04/2010 |
| Marsdene, 7, Flat 15, St Johns Avenue, SW15 2AN | 495,512 |
15/04/2010 |
| 2, Rockland Road, SW15 2LN | 650,000 |
15/04/2010 |
| 148, Flat B, Fawe Park Road, SW15 2EQ | 384,000 |
15/04/2010 |
| 12, Bader Way, SW15 5GD | 335,000 |
15/04/2010 |
| 16, Aubyn Square, SW15 5NT | 250,000 |
16/04/2010 |
| Lane End, 196, Flat 30, West Hill, SW15 3SH | 243,000 |
16/04/2010 |
| Allenford House, Flat 34, Tunworth Crescent, SW15 4PG | 101,000 |
16/04/2010 |
| 85, Putney Bridge Road, SW15 2PA | 782,000 |
16/04/2010 |
| Lockyer House, Flat 24, The Platt, SW15 1EE | 243,000 |
19/04/2010 |
| 3, Olivette Street, SW15 1NW | 472,500 |
19/04/2010 |
| Grangewood, 48 - 50, Flat 3, Upper Richmond Road, SW15 2RN | 235,000 |
19/04/2010 |
| 107, Ibsley Gardens, SW15 4NQ | 208,000 |
20/04/2010 |
| 123, Ibsley Gardens, SW15 4NQ | 208,000 |
20/04/2010 |
| 224, Huntingfield Road, SW15 5ES | 361,000 |
21/04/2010 |
| 8, Lysons Walk, SW15 5EG | 443,000 |
21/04/2010 |
| 240, Putney Cemetery Lodge, Lower Richmond Road, SW15 1JF | 435,000 |
23/04/2010 |
| 27, First And Second Floor Maisonette, Wadham Road, SW15 2LS | 495,000 |
23/04/2010 |
| 5, Dungarvan Avenue, SW15 5QU | 980,000 |
23/04/2010 |
| 25, Holford Way, SW15 5GB | 340,000 |
23/04/2010 |
| 87a, Oakhill Road, SW15 2QL | 280,000 |
23/04/2010 |
| Grangewood, 48 - 50, Flat 12, Upper Richmond Road, SW15 2RN | 250,000 |
23/04/2010 |
| 69, Swinburne Road, SW15 5EQ | 440,000 |
26/04/2010 |
| 29, Commondale, SW15 1HS | 535,000 |
26/04/2010 |
| 78, Flat B, Erpingham Road, SW15 1BG | 387,500 |
26/04/2010 |
| 18, Bader Way, SW15 5GD | 340,000 |
26/04/2010 |
| 23a, Borneo Street, SW15 1QQ | 610,000 |
28/04/2010 |
| 23, Isis Close, SW15 6JY | 157,000 |
28/04/2010 |
| 114, Flat 2, Lower Richmond Road, SW15 1LN | 395,000 |
29/04/2010 |
| 30, Beaufort Close, SW15 3TL | 755,000 |
29/04/2010 |
| 11a, Westleigh Avenue, SW15 6RF | 316,000 |
29/04/2010 |
| 22, Galveston Road, SW15 2SA | 845,200 |
29/04/2010 |
| 109, Cambalt Road, SW15 6EX | 270,000 |
30/04/2010 |
| 28b, Ruvigny Gardens, SW15 1JR | 675,000 |
30/04/2010 |
| 4 - 6, Flat 4, Oxford Road, SW15 2LF | 370,000 |
30/04/2010 |
| 38, Flat 2, Lytton Grove, SW15 2HB | 300,000 |
30/04/2010 |
| 27, Chartfield Avenue, SW15 6DZ | 2,250,000 |
30/04/2010 |
| Hill Court, Flat 56, Putney Hill, SW15 6BB | 267,500 |
30/04/2010 |
| 29, Arabella Drive, SW15 5LL | 250,000 |
30/04/2010 |
| 111, Cambalt Road, SW15 6EX | 225,000 |
30/04/2010 |
| Exeter House, Flat 49, Putney Heath, SW15 3SX | 485,000 |
30/04/2010 |
| Forrest House, Flat 8, Horne Way, SW15 1HU | 235,000 |
30/04/2010 |
| 45, Arnewood Close, SW15 4NR | 150,000 |
30/04/2010 |
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.
September 9, 2010
