Spending five million doesn't even get you into the top twenty
The most expensive home ever purchased in Wimbledon was 82-84, Church Road, six bedroom detached house which changed hands for £17,500,000.
The top twenty list of all time is dominated by houses on Parkside which make up eight of the list. The cheapest house in the top twenty went for £6,250,000 - compared with the latest average price for SW19 of £790,703.
The latest Land Registery figures for SW19 show that the market is up by 15.4% over the year in the first quarter of 2016 to an average of £790,703.
This is a close to the all time high for the area, which was reached in the third quarter of 2015 when the average was above £800,000.
Wimbledon's Top Twenty Most Expensive Homes |
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Date |
Address |
Post Code |
Price (£) |
08/07/2013 | 82 - 84, Church Road | SW19 5AB | 17,500,000 |
17/01/2007 | Chester House, West Side Common | SW19 4TN | 14,000,000 |
12/03/2010 | 32, Parkside | SW19 5NB | 12,650,000 |
28/09/2007 | 33, Parkside | SW19 5NB | 9,126,501 |
30/06/2010 | 36, Parkside | SW19 5NB | 8,900,000 |
30/06/2010 | 36, Parkside | SW19 5NB | 8,900,000 |
31/10/2014 | 7, Southside Common | SW19 4TL | 8,500,000 |
01/09/2011 | 28, Parkside | SW19 5NB | 8,500,000 |
11/12/2015 | 5, Wimbledon Hill Road | SW19 7NF | 8,405,000 |
28/07/2010 | 33, Parkside | SW19 5NB | 8,300,000 |
23/12/2015 | 43, Durnsford Road | SW19 8GT | 7,750,000 |
31/10/2012 | 32, Marryat Road | SW19 5BD | 7,500,000 |
21/08/2009 | 55, Arthur Road | SW19 7DN | 7,100,000 |
18/05/2015 | 17, Parkside Gardens | SW19 5EU | 7,000,000 |
25/05/2012 | 23, Parkside | SW19 5NA | 6,900,000 |
30/09/2014 | 20, Parkside Avenue | SW19 5ES | 6,750,000 |
08/07/2015 | Uplands, Oakfield Road | SW19 5PL | 6,750,000 |
30/09/2014 | 23, Marryat Road | SW19 5BB | 6,500,000 |
22/07/2014 | 18, Parkside Avenue | SW19 5ES | 6,350,000 |
13/08/2010 | 25, Parkside | SW19 5NA | 6,250,000 |
Source: Land Registry
Across London, the Land Registry’s March data for London shows a 13.9% rise over the last year to £534,785. This is higher than any other part of the country and makes London average twice the average for any other part of the country including the South East.
Annual growth of 6.7% in March brings the average house price in England and Wales to £189,901.
Meanwhile, the latest survey by the Royal Institution of Chartered Surveyors (RICS) has revealed that growth in the private and public housing sectors in London slowed down considerably. Private housing workloads rose at their slowest pace since Q4 2012, with only 20% more of those working in the sector reporting a rise in activity rather than a fall over the first quarter of 2016. During the last quarter of 2015 that figure was 44 per cent.
This easing in the private housing sector has not been offset by any increase in the construction of public housing, with growth in this sector remaining broadly unchanged from the previous quarter, and just 11% more surveyors reporting a rise rather than a fall in activity.
RICS Chief Economist, Simon Rubinsohn said: “On the surface, it might seem surprising that we are witnessing a slowdown in the construction sector just a few months after hearing the Chancellor’s ‘We Are The Builders’ speech, given the Government’s significant commitment to this sector. One might well ask why growth in private housing workloads is softening at a time when policy is firmly focussed on the creation of new starter homes. We have long held the view that starter homes cannot be the only solution. There is an issue around the availability of land on which new houses can be built, and we would like to see more being done to free up private brownfield sites.
“Our survey tells us that planning delays are one of the biggest barriers to growth in the construction sector. We have recommended that councils work together to create a team of emergency planners who can parachute into boroughs that are experiencing significant delays, therefore reducing a major growth barrier.
“That said, we cannot discount the climate of uncertainty caused by the forthcoming EU referendum. We know that a range of sectors have been affected by these issues as investors look to delay."
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May 13, 2016
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