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Market appears to have drifted off further so far in 2011

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According to the latest data released on the local property market, prices in the SW19 area appear to have continued to fall so far in 2011.

The average sale in SW19 reported so far this year took place at £530,426. Up until the end of last year average prices had been above £600,000 suggesting a fall of more than 10% from peak levels.

London property prices are up by 3.2% in February compared to last year. Prices were down marginally on the previous month. This is still highest level in the country with the North East seeing prices fall by 7.1% in the same period. Nationally prices fell by 1.7% in February 2011 compared with February 2010.

This brings the average property price to £341,048, in comparison to the figure for England and Wales, which is £162,215.

Longer term London has also significantly outperformed the rest of the country according to the Nationwide House Price Index, with prices up 17% over the last five years. This compares to a modest 1.3% increase across the UK as a whole. Over the same period, the North was the worst performing region, with prices down 7.8%.

Commenting on the figures, Robert Gardner, Nationwide's Chief Economist, said: "Demand for homes has levelled out, supported by historically low interest rates and some stabilisation in the labour market. The continued uncertain outlook for the economy is likely to keep many potential buyers on the sidelines for some time yet.

"Nevertheless, there are few signs of a glut of unsold homes building up on the market. Sellers remain reluctant to accept lower prices to secure a sale. In fact there are tentative signs that the volume of homes coming onto the market is slowing."

The latest reported sales are given in the table below.

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.

January/February 2011 Property Sales in Wimbledon

Address
Price (£)
Date
2b, Wycliffe Road, SW19 1ER
290,000
18/02/2011
96, Queens Road, SW19 8LS
975,000
18/02/2011
60, Southdean Gardens, SW19 6NU
975,000
18/02/2011
Burwood Lodge, 83, Apartment 10, Arthur Road, SW19 7DP
750,000
17/02/2011
63, Kenley Road, SW19 3JJ
557,000
17/02/2011
90a, Edge Hill, SW19 4NW
1,000,000
15/02/2011
54, Selhurst Close, SW19 6AZ
296,000
11/02/2011
11, Hilborough Close, SW19 2NQ
162,500
11/02/2011
Independence House, 6, Flat 36, Chapter Way, SW19 2RX
325,000
11/02/2011
46, Devonshire Road, SW19 2EF
330,000
11/02/2011
13, Church Lane, SW19 3PD
1,050,000
11/02/2011
52, Bradshaw Close, SW19 8NL
355,000
11/02/2011
60, Russell Road, SW19 1LW
580,000
11/02/2011
63, Park Road, SW19 2HU
330,000
11/02/2011
32, Kimble Road, SW19 2AS
233,000
09/02/2011
88, Craven Gardens, SW19 8LU
330,000
09/02/2011
Lawrie House, 3, Flat 9, Durnsford Road, SW19 8FP
250,000
07/02/2011
129, Kenley Road, SW19 3DN
250,000
07/02/2011
5, Flat 5, Nelson Grove Road, SW19 2LJ
120,000
04/02/2011
68, Church Road, SW19 5AA
2,700,000
04/02/2011
90, Russell Road, SW19 1LW
415,000
04/02/2011
11, Wilton Grove, SW19 3QU
760,000
03/02/2011
Cascades Court, 13 - 19, Flat 5, Hartfield Crescent, SW19 3RL
275,000
02/02/2011
52, Flat 3, Worple Road Mews, SW19 4DB
215,000
01/02/2011
27, Darlaston Road, SW19 4LJ
975,000
31/01/2011
218, Brangwyn Crescent, SW19 2UE
160,000
28/01/2011
116, Flat 2, Hartfield Road, SW19 3TG
240,000
28/01/2011
80, Flat 3, Parkside, SW19 5LL
220,000
28/01/2011
Heritage House, 21, Flat 15, Inner Park Road, SW19 6ED
245,000
28/01/2011
Prospect House, 4, Flat 3, Chapter Way, SW19 2RZ
278,000
28/01/2011
2, Flat 39, Stanley Road, SW19 8RL
390,000
28/01/2011
18a, Denmark Avenue, SW19 4HF
330,000
28/01/2011
Juniper House, 2, Flat 2, Edge Hill, SW19 4LP
400,000
28/01/2011
10a, Woodside, SW19 7AR
375,000
28/01/2011
Brackenbury Lodge, 30, Flat 2, Lingfield Road, SW19 4PU
820,000
28/01/2011
90, Kings Road, SW19 8QW
1,525,000
28/01/2011
8, Florence Road, SW19 8TJ
495,000
28/01/2011
60, Hamilton Road, SW19 1JF
517,500
28/01/2011
77, Bournemouth Road, SW19 3AR
585,000
28/01/2011
18, Marlborough Close, SW19 2HQ
215,000
28/01/2011
22, Normanton Avenue, SW19 8BB
715,000
28/01/2011
72, Southmead Road, SW19 6SR
195,000
27/01/2011
52, Flat 1, Worple Road Mews, SW19 4DB
270,000
24/01/2011
162, Runnymede, SW19 2RG
215,000
24/01/2011
Blue Gates, 4, Flat 5, Belvedere Drive, SW19 7DG
475,000
24/01/2011
24, Montfort Place, SW19 6QL
228,000
21/01/2011
40a, Hotham Road, SW19 1BS
247,000
21/01/2011
Holmbury Court, 66, Flat 9, Cavendish Road, SW19 2EU
180,000
21/01/2011
May Court, Flat 11, Pincott Road, SW19 2LE
172,000
21/01/2011
Nonsuch House, 31, Flat 32, Chapter Way, SW19 2RP
218,500
21/01/2011
Woodside House, Flat 23, Woodside, SW19 7QN
397,000
21/01/2011
1, Flat 4, Calonne Road, SW19 5HH
500,000
21/01/2011
44, Fortescue Road, SW19 2EB
333,000
21/01/2011
17, Fairlawn Road, SW19 3QR
1,090,000
21/01/2011
5, Flat A, William Road, SW19 3PL
460,000
21/01/2011
14, College Road, SW19 2BS
250,000
19/01/2011
26, Laburnum Road, SW19 1BQ
392,000
19/01/2011
Oaklawn, 12, Flat 5, Arthur Road, SW19 7DY
895,000
18/01/2011
82, Denison Road, SW19 2DH
390,000
17/01/2011
5, Flat 1, Lauriston Road, SW19 4TJ
2,625,000
17/01/2011
1, Lydney Close, SW19 6JN
185,000
14/01/2011
2, Flat 20, Stanley Road, SW19 8RL
285,000
14/01/2011
52, Flat 5, Worple Road Mews, SW19 4DB
215,000
14/01/2011
166, Flat 4, Kingston Road, SW19 3NX
300,000
14/01/2011
16, Blincoe Close, SW19 5PP
176,000
14/01/2011
Blue Gates, 4, Flat 4, Belvedere Drive, SW19 7DG
480,000
14/01/2011
166, Flat 4, Kingston Road, SW19 3NX
300,000
14/01/2011
20, Cecil Road, SW19 1JT
455,000
14/01/2011
25, Denison Road, SW19 2DJ
320,000
14/01/2011
58, Flat 2, Russell Road, SW19 1QL
260,000
13/01/2011
82, Dorset Road, SW19 3HD
648,350
11/01/2011
54, Vineyard Hill Road, SW19 7JH
1,170,000
11/01/2011
198, Haydons Road, SW19 8TR
330,000
11/01/2011
26, Branksome Road, SW19 3AW
587,500
11/01/2011
73, Graham Road, SW19 3SW
370,000
10/01/2011
64, Denmark Road, SW19 4PQ
494,450
10/01/2011
12, Normanton Avenue, SW19 8BB
682,500
10/01/2011
13, Kingsmere Road, SW19 6PY
1,575,000
07/01/2011
Oatlands Court, Flat 8, Wimbledon Park Side, SW19 5LS
197,000
07/01/2011
4a, Southey Road, SW19 1NS
363,000
07/01/2011
2, Flat 50, Stanley Road, SW19 8RL
392,500
07/01/2011
21, Ridgway Place, SW19 4EW
1,925,000
07/01/2011
26, Balfour Road, SW19 1JU
400,000
07/01/2011
52, Tybenham Road, SW19 3LA
555,000
07/01/2011
3, Lancaster Place, SW19 5DP
470,000
07/01/2011
45, Ashen Grove, SW19 8BL
602,000
07/01/2011
16, Strathmore Road, SW19 8DB
770,000
07/01/2011
93, Haydon Park Road, SW19 8JH
580,000
06/01/2011
129, Clarence Road, SW19 8QB
615,000
05/01/2011
22, Graham Road, SW19 3SR
561,000
05/01/2011
51, Nelson Road, SW19 1HS
463,000
04/01/2011

If you are a member of the site who has recently moved into one of these properties and do not wish to have the details displayed here just let us know and we will remove them.

Source: Land Registry

April 21, 2011

 

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