Wimbledon Property Prices End the Year Strongly


Double digit growth in home values during 2016

Wimbledon property prices have risen by 11% during 2016 shaking off concerns about stamp duty changes and Brexit.

The overall average end the year at £793,460 just under the record level of over £800,000 seen in the third quarter of 2015.

Volumes continue to be depressed down by about a quarter on the levels seen in the same period last year.

The Office of National Statistic's House Price Index is showing that the average price of a home sold in England and Wales was £219,544 in December 2016 up by 7.2%. Having been consistently above the levels seen in the rest of the country prices in London are now rising less quickly than the overall average and now stands at £484,000. This is the first time home values in the capital have underperformed the rest of the country since the financial crisis in 2008.

The number of property sales in England in October 2016, the latest figure available was down 34.5% year on year.

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.

Wimbledon Property Prices (October - December 2016)
Area Detached Sales Semi-det Sales Terrace Sales Flat/
mais
Sales Overall ave Total sales
SW19 1 0 0 820000 2 769215 23 424631 26 595536 51
SW19 2 0 0 377500 2 438042 6 369396 23 383205 31
SW19 3 1910000 1 1056786 7 822905 11 511080 25 707647 44
SW19 4 2328561 2 1664111 5 1305417 6 592873 7 1248014 20
SW19 5 4925000 5 0 0 1338000 2 428500 4 2637727 11
SW19 6 0 0 1295000 1 658143 7 417718 25 495302 33
SW19 7 2337500 4 1560000 3 1057500 2 822500 2 1617273 11
SW19 8 820000 1 1427455 3 870838 21 395868 14 741849 39
Total 3181702 13 1233497 23 831926 78 442918 126 793460 240
Change in Quarter 24.9% -13.3% -12.0% 21.1% -0.3% 1.3% -6.5% -10.0% 1.9% -4.4%
Change in year -3.7% 116.7% -9.8% -30.3% 4.2% -25.7% -3.5% -29.6% 11.0% -25.7%
Change in Three Years 74.4% -35.0% 16.1% -46.5% 20.2% -39.1% 25.1% -44.5% 32.1% -42.6%
Change in Five Years 66.2% -13.3% 50.0% -41.0% 44.6% -23.5% 46.9% -28.0% 52.5% -27.5%
Change in Ten Years 204.5% -40.9% 127.1% -54.9% 90.9% -52.1% 73.5% -63.4% 119.6% -58.6%

 

 

Source: Land Registry

February 23, 2017