Putney Property Prices Remain Stable


High levels of previous quarter maintained despite credit crunch

The latest official figures from the Land Registry are showing that Putney property prices have remained at high levels despite the poor economic background.

Prices are actually up by 2.2% over the last year and now average £511,198 in the SW15 post code area.

The average house price in England and Wales stands at £180,781 in June, which is a decrease from last month. House prices in these two countries have fallen for ten consecutive months.

The average property price in London is currently £345,136, which is up 2.5% over the last year although the level has been falling for the last 5 months.

The numbers are subject to revision as usually some properties are added late to the Land Registry's database.

 



Putney Property Prices - July- September 2008

Area Detached Sales Semi-Det Sales Terrace Sales Flats Sales Total Ave Total Sales
SW15 1 0 0 1640000 4 792800 15 461195 22 697519 41
SW15 2 0 0 0 0 1091416 6 355581 31 474906 37
SW15 3 0 0 396250 4 0 0 375691 18 379429 22
SW15 4 0 0 0 0 0 0 227493 8 227493 8
SW15 5 0 0 0 0 369750 4 508000 6 452700 10
SW15 6 1495000 3 0 0 495300 5 297775 16 488579 24
Total 1495000 3 1018125 8 746533 30 371922 101 511198 142
Last quarter 14.9% 0.0% -37.3% 33.3% 3.8% -28.6% 4.0% -17.2% 1.1% -17.9%
Last year -21.4% -80.0% 2.6% -70.4% 7.8% -62.5% 18.1% -62.3% 2.2% -63.6%
Last three years 15.1% -82.4% 41.2% -80.5% 67.6% -55.9% 49.2% -51.2% 27.5% -57.4%
Last five years 1.3% -62.5% 71.2% -50.0% 82.6% -67.4% 60.9% -65.6% 65.2% -65.4%

 

 

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.

February 27, 2009

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