Market appears to have drifted off further so far in 2011
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 |
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Source: Land Registry
April 21, 2011