Renew interest at the top end of the market boosts activity
After a quiet start to the year the local property burst into life this month with both turnover and prices increasing sharply.
There were 137 sales in the SW19 post code area reported to the Land Registry during March at an average price of £769,678.
This was well up on the previous two months and brought the level of the market back to the previous highs.
The rise has been driven by a surge of activity at the top end of the market with 29 of the sales being for a million pounds or more. The top priced home changing hands was on Belvedere Grove costing its new owners £3,660,000.
The Royal Institution of Chartered Surveyors (RICS) UK Residential Market Survey says that London house prices were back into positive territory in April, after seven months in decline, with short term predictions suggesting further rises.
28% more chartered surveyors saw prices rise in London in April, the first positive reading in the capital after seven negative months in the run up to the election. Price expectations over the next three months are also positive, with 11% more respondents expecting prices to rise further.
New instructions fell sharply with 36% more chartered surveyors seeing a decline, while the capital also saw an increase in buyer enquiries for the first time in a year as both these factors contributed to the pick-up in prices. Activity levels over the last month decreased most sharply in London where 21% more respondents reported a fall rather than rise in newly agreed sales
52% more respondents expect prices to rise over the next twelve months in London and the predicted average percentage price rise for houses in the capital over each of the next five years is 5.4%.
Meanwhile, in the lettings sector, supply has been rising steadily in London for three years now but the growth in tenant demand is not far behind. As a result, 39% more chartered surveyors expect rents to rise over the next three months which is the highest reading since the first half of 2011.
Simon Rubinsohn, RICS Chief Economist, said: “It is conceivable that the decisive outcome to the election could encourage a pick-up in instructions to agents and ease some of the recent upward pressure on house prices but it is doubtful that this will be substantive enough to provide anything more than temporary relief. Alongside an increased flow of second hand stock, it is absolutely critical that new government focuses on measures to boost the flow of new build.’’
According to Land Registry figures London as a whole continued to see the highest price rises in the country in March rising by 11.3% to £462,799. This compares to a 5.3% increase for England and Wales which brought the average price up to £178,007. The peak was achieved in November 2007 when the average reached £181,049.
The number of properties sold in England and Wales for over £1 million decreased by 19 per cent to 851 from 1,049 a year earlier. Repossessions in England and Wales decreased by 45 per cent to 590 compared with 1,081 in January 2014.
The numbers below are subject to revision as is it usual that some properties are added late to the Land Registry's database.
WimbledonSW19.com is the only place that you will find detailed analysis of the Wimbledon property market.
Home Sales in the Wimbledon SW19 Area - March 2015 |
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Date |
Address |
Post Code |
Price (£) |
31/03/2015 | 55, Hardy Road | SW19 1JB | 730,000 |
31/03/2015 | Flat 29 Wykehurst House, Chaucer Way | SW19 1UH | 355,000 |
31/03/2015 | 110, Mostyn Road | SW19 3LP | 1,000,000 |
31/03/2015 | 4, Marryat Place | SW19 5BL | 2,850,000 |
31/03/2015 | 10, Sandringham Close | SW19 6BT | 415,000 |
31/03/2015 | 2, Weydown Close | SW19 6JG | 342,000 |
31/03/2015 | Flat 7 Ambleside, Albert Drive | SW19 6JY | 350,000 |
31/03/2015 | 67, Vineyard Hill Road | SW19 7JL | 1,810,000 |
31/03/2015 | 24, Landgrove Road | SW19 7LL | 942,000 |
31/03/2015 | Flat 6 Belvedere Court, 1A, Courthope Road | SW19 7RH | 3,550,000 |
31/03/2015 | Flat 140 Reed House, 21, Durnsford Road | SW19 8GW | 372,500 |
30/03/2015 | Flat 4 Vertex Apartments, 131, Palmerston Road | SW19 1PB | 375,000 |
30/03/2015 | 47, Marlborough Road | SW19 2HF | 410,000 |
30/03/2015 | 47, Marlborough Road | SW19 2HF | 365,000 |
30/03/2015 | Flat 1 191, Hartfield Road | SW19 3TH | 381,000 |
30/03/2015 | Flat 8 43, Augustus Road | SW19 6LW | 510,000 |
30/03/2015 | Flat 3 92, Woodside | SW19 7BA | 425,000 |
30/03/2015 | 319, Haydons Road | SW19 8LA | 24,000 |
30/03/2015 | Flat 32 Kathleen Godfree Court, 80, Queens Road | SW19 8LB | 220,000 |
27/03/2015 | 1A, Wandle Bank | SW19 1DW | 525,000 |
27/03/2015 | 37, Cecil Road | SW19 1JR | 795,000 |
27/03/2015 | Flat 17 Vertex Apartments, 131, Palmerston Road | SW19 1PB | 325,000 |
27/03/2015 | 133, Gladstone Road | SW19 1QS | 820,000 |
27/03/2015 | 37, Harewood Road | SW19 2HD | 305,000 |
27/03/2015 | Ground Floor Flat 46, Clive Road | SW19 2JB | 380,000 |
27/03/2015 | Flat 20 Ryder House, High Path | SW19 2JS | 316,000 |
27/03/2015 | Flat 15 Ramsey House, High Path | SW19 2JU | 290,000 |
27/03/2015 | 65, Sandbourne Avenue | SW19 3EH | 773,000 |
27/03/2015 | 128, Graham Road | SW19 3SJ | 1,120,000 |
27/03/2015 | Flat 12 Clare Court, Grosvenor Hill | SW19 4RZ | 460,000 |
27/03/2015 | 3, Marryat Place | SW19 5BL | 2,850,000 |
27/03/2015 | 50, Selhurst Close | SW19 6AZ | 215,000 |
27/03/2015 | 2A, Inner Park Road | SW19 6DZ | 1,425,000 |
27/03/2015 | 7, Levana Close | SW19 6HP | 760,000 |
27/03/2015 | Flat 9 Hansler Court, 59, Princes Way | SW19 6HT | 390,000 |
27/03/2015 | 8, The Crescent | SW19 8AN | 975,000 |
27/03/2015 | 426, Durnsford Road | SW19 8DZ | 388,000 |
27/03/2015 | 39, Florence Road | SW19 8TH | 909,950 |
26/03/2015 | 57, Shelley Way | SW19 1TH | 305,000 |
26/03/2015 | 39, Milner Road | SW19 3AB | 735,000 |
26/03/2015 | 7, Heath Mead | SW19 5JP | 530,000 |
26/03/2015 | Flat 8 74, Woodside | SW19 7QL | 240,000 |
26/03/2015 | 446, Durnsford Road | SW19 8DZ | 143,000 |
26/03/2015 | Flat F 28 - 30, Kings Road | SW19 8QW | 625,000 |
25/03/2015 | 5, Marryat Place | SW19 5BL | 3,500,000 |
25/03/2015 | Flat 41 Bassett House, 1, Durnsford Road | SW19 8EA | 280,000 |
24/03/2015 | Flat 15 Vertex Apartments 131, Palmerston Road | SW19 1PB | 350,000 |
24/03/2015 | Flat 16 Vertex Apartments, 131, Palmerston Road | SW19 1PB | 390,000 |
24/03/2015 | Flat 8 Vertex Apartments, 131, Palmerston Road | SW19 1PB | 388,500 |
24/03/2015 | Flat 11 Vertex Apartments, 131, Palmerston Road | SW19 1PB | 375,000 |
24/03/2015 | Flat 12 Vertex Apartments, 131, Palmerston Road | SW19 1PB | 380,000 |
24/03/2015 | Flat 13 Vertex Apartments, 131, Palmerston Road | SW19 1PB | 382,500 |
24/03/2015 | Flat 5 Vertex Apartments, 131, Palmerston Road | SW19 1PB | 519,220 |
24/03/2015 | Flat 6 Vertex Apartments, 131, Palmerston Road | SW19 1PB | 370,000 |
24/03/2015 | Flat 9 Vertex Apartments, 131, Palmerston Road | SW19 1PB | 370,000 |
24/03/2015 | Flat 2 10, Henfield Road | SW19 3HU | 345,000 |
24/03/2015 | 6 Helix Terrace, 20, Queensmere Road | SW19 5PB | 1,975,000 |
24/03/2015 | 40A, Kenilworth Avenue | SW19 7LW | 2,300,000 |
24/03/2015 | 118B, Wimbledon Hill Road | SW19 7QU | 1,385,000 |
23/03/2015 | 78, Cecil Road | SW19 1JP | 719,950 |
23/03/2015 | 9C, Sunnyside | SW19 4SH | 1,350,000 |
23/03/2015 | Flat 1 47, Augustus Road | SW19 6LW | 367,888 |
20/03/2015 | Flat 18 3, High Street Colliers Wood | SW19 2BF | 325,000 |
20/03/2015 | 30, University Road | SW19 2BX | 375,000 |
20/03/2015 | 4, Croft Road | SW19 2NF | 455,000 |
20/03/2015 | 168, Dorset Road | SW19 3EF | 685,000 |
20/03/2015 | Flat 11 Haverley, 85, Worple Road | SW19 4JH | 482,000 |
20/03/2015 | 2 Albemarle, Wimbledon Park Side | SW19 5NP | 541,000 |
20/03/2015 | 40, Esher Gardens | SW19 6BY | 360,000 |
20/03/2015 | Flat 23 Blue Gates, 4, Belvedere Drive | SW19 7DG | 865,000 |
20/03/2015 | 16, Kenilworth Avenue | SW19 7LW | 1,900,000 |
19/03/2015 | 6, Southside Common | SW19 4TG | 1,200,000 |
19/03/2015 | 1A, Limpsfield Avenue | SW19 6DL | 930,000 |
19/03/2015 | 2, Tibbets Close | SW19 6EF | 625,000 |
19/03/2015 | 45, Alexandra Road | SW19 7JZ | 930,000 |
18/03/2015 | 64, Windermere Avenue | SW19 3ER | 550,000 |
17/03/2015 | Flat 61 Edge Hill Court, Edge Hill | SW19 4LW | 435,000 |
17/03/2015 | Flat 12 Chilworth Court, Windlesham Grove | SW19 6AL | 308,500 |
17/03/2015 | Flat 14 Hill Court, 104, Wimbledon Hill Road | SW19 7PD | 485,000 |
16/03/2015 | 23, Montague Road | SW19 1TB | 540,000 |
16/03/2015 | 11 Waterfall Cottages, Waterfall Road | SW19 2AG | 450,000 |
16/03/2015 | 17, Norfolk Road | SW19 2HA | 399,950 |
16/03/2015 | 101, Church Road | SW19 5AL | 1,247,375 |
13/03/2015 | 81B, Haydons Road | SW19 1HQ | 240,000 |
13/03/2015 | 19, Victory Road | SW19 1HW | 640,000 |
13/03/2015 | Flat 14 Vertex Apartments, 131, Palmerston Road | SW19 1PB | 552,500 |
13/03/2015 | 62, The Broadway | SW19 1RQ | 1,200,000 |
13/03/2015 | Flat 12 22, Montague Road | SW19 1SY | 310,000 |
13/03/2015 | 17, University Road | SW19 2BU | 383,000 |
13/03/2015 | 42, Milner Road | SW19 3AA | 660,000 |
13/03/2015 | 35, Braeside Avenue | SW19 3PU | 200,000 |
13/03/2015 | 17, Burghley Hall Close | SW19 6TN | 385,000 |
13/03/2015 | 35, Home Park Road | SW19 7HS | 1,900,000 |
13/03/2015 | 178, Durnsford Road | SW19 8HJ | 280,000 |
13/03/2015 | 39, Clarence Road | SW19 8QF | 670,000 |
12/03/2015 | Apartment 2 31, South Road | SW19 1UU | 430,000 |
12/03/2015 | Flat 9 Oslo Court, Baltic Close | SW19 2BL | 165,000 |
12/03/2015 | Flat 17 Norfolk House, Nelson Grove Road | SW19 2NG | 310,000 |
12/03/2015 | Flat 5 261A, Wimbledon Park Road | SW19 6NW | 457,000 |
11/03/2015 | Flat 35 Bennets Courtyard, Watermill Way | SW19 2RW | 430,000 |
11/03/2015 | 355, Wimbledon Park Road | SW19 6NS | 1,121,000 |
10/03/2015 | 22, Kimble Road | SW19 2AS | 280,000 |
10/03/2015 | 20, Mill Road | SW19 2NE | 450,000 |
10/03/2015 | Flat 14 Haverley, 85, Worple Road | SW19 4JH | 490,501 |
10/03/2015 | Flat 32 Osborne House, 414, Wimbledon Park Road | SW19 6PW | 630,000 |
10/03/2015 | Flat 10 Batsford House, 35, Durnsford Road | SW19 8GS | 145,000 |
10/03/2015 | Flat 42 Poplar Court, Gap Road | SW19 8JN | 301,000 |
10/03/2015 | 186, Queens Road | SW19 8LY | 1,071,000 |
09/03/2015 | 155, Kingston Road | SW19 1LJ | 1,100,000 |
09/03/2015 | 157, Kingston Road | SW19 1LJ | 1,100,000 |
09/03/2015 | 52, Griffiths Road | SW19 1ST | 940,000 |
09/03/2015 | 4, Cedar Park Gardens | SW19 4TE | 3,000,000 |
09/03/2015 | 13, Chester Road | SW19 4TS | 905,000 |
09/03/2015 | Flat 4 1, Calonne Road | SW19 5HH | 975,000 |
06/03/2015 | 9, All Saints Road | SW19 1BU | 365,000 |
06/03/2015 | 23, Deburgh Road | SW19 1DX | 377,000 |
06/03/2015 | 26, Haydons Road | SW19 1HL | 348,000 |
06/03/2015 | 79, Myrna Close | SW19 2HN | 379,000 |
06/03/2015 | 45, Park Road | SW19 2HS | 405,000 |
06/03/2015 | Flat 4 17D, Sheridan Road | SW19 3HW | 410,000 |
06/03/2015 | 26, Kingswood Road | SW19 3NE | 1,320,000 |
06/03/2015 | 9, Hillside | SW19 4NH | 2,000,000 |
06/03/2015 | 14, Welford Place | SW19 5AJ | 1,525,000 |
06/03/2015 | 18A, Lancaster Gardens | SW19 5DG | 3,267,500 |
06/03/2015 | Flat 15 Spencer House, Wimbledon Park Side | SW19 5LW | 515,000 |
06/03/2015 | Flat 7 119, Arthur Road | SW19 7DR | 565,000 |
06/03/2015 | 110, Dora Road | SW19 7HJ | 1,860,000 |
06/03/2015 | Birchfield 12, Belvedere Grove | SW19 7RL | 3,660,000 |
06/03/2015 | 5, Wellington Road | SW19 8EQ | 1,070,000 |
05/03/2015 | Flat 26 Wykehurst House, Chaucer Way | SW19 1UH | 356,000 |
05/03/2015 | 141, Runnymede | SW19 2RQ | 285,000 |
05/03/2015 | 10, Kenley Road | SW19 3JQ | 775,000 |
05/03/2015 | Flat 15 Haverley, 85, Worple Road | SW19 4JH | 465,000 |
04/03/2015 | 28A, Dryden Road | SW19 8SG | 355,000 |
03/03/2015 | Flat 2, 261A, Wimbledon Park Road | SW19 6NW | 457,000 |
02/03/2015 | Flat 52 Allenswood, Albert Drive | SW19 6JX | 327,000 |
02/03/2015 | 42, Florence Road | SW19 8TJ | 775,000 |
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Source: Land Registry
May 16, 2016