Prices fall sharply from Summer peaks
The latest official figures are show marked decrease in the average price of a property sold in the Wimbledon area. During November, 99 homes changed hands during the month at an average of £605,545.
This is down on the peak levels seen during the Summer but it could be that the mix of properties has changed, with more flats being sold, rather than a general decline in the market taking place.
London property prices overall, 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.
November 2010 Property Sales in Wimbledon
| Address | Price (£) |
Date | |
| 36, Lacock Close, SW19 1BB | 207,000 |
30/11/2010 | |
| 3, Victory Road, SW19 1HW | 250,000 |
30/11/2010 | |
| 72, Melbourne Road, SW19 3BA | 575,000 |
30/11/2010 | |
| Southfields Court, Flat 7, Albert Drive, SW19 6LJ | 325,000 |
29/11/2010 | |
| Southfields Court, Flat 7, Albert Drive, SW19 6LJ | 325,000 |
29/11/2010 | |
| Dukes Court, 43, Flat 6, South Park Road, SW19 8RS | 330,000 |
29/11/2010 | |
| 7, Bathgate Road, SW19 5PW | 3,825,000 |
26/11/2010 | |
| 67, Sheldrick Close, SW19 2UQ | 144,950 |
26/11/2010 | |
| 47, Hartfield Crescent, SW19 3RZ | 285,000 |
26/11/2010 | |
| 163, Kipling Drive, SW19 1TN | 243,000 |
26/11/2010 | |
| 371, Church Road, SW19 2QH | 220,000 |
26/11/2010 | |
| Stretford Court, 110, Flat 2, Worple Road, SW19 4JB | 325,000 |
26/11/2010 | |
| Aspen Lodge, 61, Flat 8, Wimbledon Hill Road, SW19 7QP | 695,000 |
26/11/2010 | |
| 21, West Place, SW19 4UH | 495,000 |
26/11/2010 | |
| 115, Florence Road, SW19 8TL | 496,500 |
26/11/2010 | |
| 29, Burghley Road, SW19 5HL | 5,700,000 |
25/11/2010 | |
| Viscount Point, 199, Flat 24, The Broadway, SW19 1NL | 370,000 |
25/11/2010 | |
| 56, Ground Floor Flat, Russell Road, SW19 1QL | 340,000 |
25/11/2010 | |
| 36, Mostyn Road, SW19 3LN | 430,000 |
25/11/2010 | |
| 11, Nursery Road, SW19 3BT | 300,000 |
25/11/2010 | |
| 51, Grove Road, SW19 1BJ | 320,000 |
25/11/2010 | |
| 126, Flat 3, Haydons Road, SW19 1AE | 229,950 |
24/11/2010 | |
| Falcon House, 26, Flat 22, Morden Road, SW19 3BJ | 138,000 |
23/11/2010 | |
| Bassett House, 1, Flat 79, Durnsford Road, SW19 8EA | 200,000 |
23/11/2010 | |
| 143, Selhurst Close, SW19 6AY | 300,000 |
22/11/2010 | |
| 143, Selhurst Close, SW19 6AY | 300,000 |
22/11/2010 | |
| 21, Goodenough Road, SW19 3QW | 440,000 |
22/11/2010 | |
| 1c, Mount Road, SW19 8ES | 572,000 |
22/11/2010 | |
| 80, Craven Gardens, SW19 8LU | 300,000 |
19/11/2010 | |
| 100, Flat 3, Haydon Park Road, SW19 8JT | 270,000 |
19/11/2010 | |
| 31, Clarendon Road, SW19 2DX | 249,950 |
19/11/2010 | |
| 10, Windsor Avenue, SW19 2RR | 215,000 |
19/11/2010 | |
| 17b, Inner Park Road, SW19 6ED | 535,000 |
19/11/2010 | |
| Pixham Court, Flat 3a, Lake Road, SW19 7EH | 355,000 |
19/11/2010 | |
| 49, Princes Road, SW19 8RA | 395,000 |
19/11/2010 | |
| 80, Craven Gardens, SW19 8LU | 300,000 |
19/11/2010 | |
| 89, Apartment 7, Wimbledon Park Side, SW19 5LR | 390,000 |
19/11/2010 | |
| 78, Chapman Square, SW19 5QU | 500,000 |
19/11/2010 | |
| 57, Queens Road, SW19 8NP | 935,000 |
19/11/2010 | |
| 29, Durnsford Avenue, SW19 8BH | 618,750 |
19/11/2010 | |
| 40, Wandle Bank, SW19 1DW | 220,000 |
19/11/2010 | |
| 13, North Road, SW19 1AQ | 359,950 |
19/11/2010 | |
| 99, Kenilworth Avenue, SW19 7LP | 820,000 |
19/11/2010 | |
| 171, Beaumont Road, SW19 6RJ | 250,000 |
19/11/2010 | |
| Princess Court, 115, Flat 10, Hartfield Road, SW19 3TJ | 265,000 |
18/11/2010 | |
| 44b, Warren Road, SW19 2HX | 157,500 |
18/11/2010 | |
| 4, Windy Ridge Close, SW19 5HB | 2,950,000 |
17/11/2010 | |
| 126, Flat 2, Haydons Road, SW19 1AE | 242,500 |
17/11/2010 | |
| 113, Florence Road, SW19 8TL | 500,000 |
17/11/2010 | |
| Independence House, 6, Flat 7, Chapter Way, SW19 2RX | 225,000 |
16/11/2010 | |
| Oatlands Court, Flat 28, Wimbledon Park Side, SW19 5LS | 220,000 |
15/11/2010 | |
| 40a, Dryden Road, SW19 8SG | 450,000 |
15/11/2010 | |
| 76, South Park Road, SW19 8SZ | 720,000 |
15/11/2010 | |
| 50, Tybenham Road, SW19 3LA | 400,000 |
15/11/2010 | |
| 116, Florence Road, SW19 8TN | 555,000 |
15/11/2010 | |
| 6, Southlands Drive, SW19 5QB | 479,950 |
15/11/2010 | |
| 20a, Stanley Road, SW19 8RF | 385,000 |
14/11/2010 | |
| Ambleside, Flat 49, Albert Drive, SW19 6JY | 210,000 |
12/11/2010 | |
| Falcon House, 26, Flat 21, Morden Road, SW19 3BJ | 135,000 |
12/11/2010 | |
| 86, Flat 3, Worple Road, SW19 4HZ | 105,000 |
12/11/2010 | |
| 9a, Merton Park Parade, SW19 3NT | 305,000 |
12/11/2010 | |
| 4, Flat 8, Southside Common, SW19 4TG | 2,250,000 |
12/11/2010 | |
| 144, Haydon Park Road, SW19 8JT | 548,000 |
12/11/2010 | |
| 163, Florence Road, SW19 8TL | 442,000 |
12/11/2010 | |
| 123, Boundary Road, SW19 2DE | 218,000 |
12/11/2010 | |
| 14, Bathurst Avenue, SW19 3AE | 535,000 |
12/11/2010 | |
| 134, Melrose Avenue, SW19 8AX | 550,000 |
12/11/2010 | |
| 7a, Bathgate Road, SW19 5PW | 3,760,000 |
11/11/2010 | |
| 105, Hardy Road, SW19 1JB | 447,500 |
11/11/2010 | |
| 39, Russell Road, SW19 1QN | 570,000 |
11/11/2010 | |
| 20, Stratton Road, SW19 3JG | 530,000 |
11/11/2010 | |
| 4, Clifton Road, SW19 4QT | 2,340,000 |
10/11/2010 | |
| 12, Flat 3, Spencer Hill, SW19 4NY | 250,000 |
|
|
| 39, Cromwell Road, SW19 8LE | 930,000 |
10/11/2010 | |
| 19, Dryden Road, SW19 8SQ | 400,000 |
10/11/2010 | |
| 239, Flat 4, South Park Road, SW19 8RY | 267,500 |
09/11/2010 | |
| 68, Southlands Drive, SW19 5QL | 580,000 |
09/11/2010 | |
| 2, Dryden Road, SW19 8SG | 340,000 |
09/11/2010 | |
| 3, Melrose Road, SW19 3HF | 500,000 |
08/11/2010 | |
| 129a, Boundary Road, SW19 2DE | 212,000 |
06/11/2010 | |
| 112, Smithwood Close, SW19 6JJ | 250,000 |
05/11/2010 | |
| 159, Florence Road, SW19 8TL | 554,000 |
05/11/2010 | |
| 70, Victory Road, SW19 1HN | 390,000 |
05/11/2010 | |
| 9, Croft Road, SW19 2NF | 300,000 |
05/11/2010 | |
| Parkview Court, 11, Flat 6, George Square, SW19 3LD | 295,000 |
04/11/2010 | |
| 15, Cromwell Road, SW19 8LE | 250,000 |
04/11/2010 | |
| 40, Durnsford Avenue, SW19 8BH | 565,000 |
04/11/2010 | |
| Kathleen Godfree Court, 80, Flat 10, Queens Road, SW19 8LB | 228,000 |
03/11/2010 | |
| 58, Flat 4, Russell Road, SW19 1QL | 275,000 |
03/11/2010 | |
| 10, Castle Close, SW19 5NH | 1,460,000 |
02/11/2010 | |
| 35, Selhurst Close, SW19 6AY | 157,000 |
02/11/2010 | |
| 89, 6 Fairlawns, Wimbledon Park Side, SW19 5LR | 950,000 |
02/11/2010 | |
| 4, Flat 6, Southside Common, SW19 4TG | 1,000,000 |
02/11/2010 | |
| Parkview Court, 11, Flat 9, George Square, SW19 3LD | 205,000 |
01/11/2010 | |
| 7, Apartment 5, Bewley Street, SW19 1XF | 285,000 |
01/11/2010 | |
| 16, Flat 2, Ryfold Road, SW19 8BZ | 342,000 |
01/11/2010 | |
| 112, Cromwell Road, SW19 8NA | 925,000 |
01/11/2010 | |
| 5, Vineyard Hill Road, SW19 7JL | 2,075,000 |
01/11/2010 | |
| 8, Charminster Avenue, SW19 3EL | 373,000 |
01/11/2010 |
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Source: Land Registry
April 21, 2011