SW6 Property Prices Continue to Soar
High demand for houses worth a million pounds plus
Fulham property continues to see a strong price performance judging by the latest figures from the Land Registry.
So far this year the average price in the SW6 area has leapt by over £100,000 to hit £787,706 compared to £680,509 in the fourth quarter of 2009.
And out of 33 properties reported as sold in February, ten changed hands for over £1,000,000.
At the other end of the market, meanwhile bargain buys are increasingly hard to find in Fulham, with just one flat priced under £250,000 and three under £300,000.
In February, London's annual house price change according to the Land Registry index was a positive 11.9 per cent, which is an increase from last month's figure, and the fifth month in a row in which the movement has been positive. It was also the strongest growth of any region. The average for Wandsworth Borough was up by 7.9 per cent.
The average value of a property in London is now £333,394, which is a decrease from last month.
For the country as a whole there was an annual increase of 7 per cent. This is the fourth month in a row in which the annual movement has been positive. The monthly house price change is negative this month, at -0.3 per cent. This brings the average house price in England and Wales to £164,455.
The Rightmove House Price Index for February 2010 reveals that average asking prices increased by over £7,000 in the past month. This is the largest monthly increase since April 2007 and represents a year-on-year increase of 6.1%. In London they are showing the highest ever level of asking prices.
Miles Shipside, commercial director of Rightmove comments: "A price jump of over 3% is more comparable to the pre-credit-crunch boom-times. Sellers are setting their sights higher, and some agents are going along with them in order to win scarce instructions. Property for sale remains scarce in popular areas, but new supply to the market has to be priced at what buyers are willing and able to pay. An average increase of over 7,000 pounds may prove to be a bit too spicy for some buyers' tastes, now that economic constraints have forced them to develop a simpler palate."
See table below for full list of sales.
The numbers below are subject to revision as is it usual that some properties are added late to the Land Registry's database.
Fulham Property Sales - February 2010
Address |
Price | Date |
| 73, Finlay Street, SW6 6HF | 1,295,000 |
19/02/2010 |
| 42, Ringmer Avenue, SW6 5LW | 1,080,000 |
17/02/2010 |
| 71c, Chesilton Road, SW6 5AA | 620,000 |
16/02/2010 |
| Chelsea Studios, 410 - 412, Studio 9, Fulham Road, SW6 1EB | 470,000 |
12/02/2010 |
| 2, Parthenia Road, SW6 4BD | 1,400,000 |
12/02/2010 |
| 55, Langthorne Street, SW6 6JT | 942,000 |
12/02/2010 |
| 2, Greswell Street, SW6 6PP | 1,170,000 |
12/02/2010 |
| 23, Upper Maisonette, Winchendon Road, SW6 5DH | 631,495 |
11/02/2010 |
| 286, Brompton Park Crescent, SW6 1SZ | 445,000 |
10/02/2010 |
| 45, St Maur Road, SW6 4DR | 1,120,000 |
10/02/2010 |
| 51, Fabian Road, SW6 7TY | 500,000 |
10/02/2010 |
| Rivermead Court, 145, Ranelagh Gardens, SW6 3SE | 1,420,000 |
09/02/2010 |
| 153, Bagleys Lane, SW6 2FW | 325,000 |
08/02/2010 |
| Farm Close, 12, 3, Farm Lane, SW6 1PS | 205,000 |
08/02/2010 |
| 148, Bagleys Lane, SW6 2FW | 316,250 |
08/02/2010 |
| 44, Glenrosa Street, SW6 2QZ | 399,950 |
05/02/2010 |
| Carrara Wharf, Flat 61, Ranelagh Gardens, SW6 3UE | 275,000 |
05/02/2010 |
| Waldemar Avenue Mansions, Flat 37, Waldemar Avenue, SW6 5LT | 465,000 |
05/02/2010 |
| 156, Bagleys Lane, SW6 2FW | 320,000 |
04/02/2010 |
| Down House, 297, Flat 41, Wandsworth Bridge Road, SW6 2NY | 280,000 |
04/02/2010 |
| 51, Mirabel Road, SW6 7EQ | 335,000 |
04/02/2010 |
| 157, Bagleys Lane, SW6 2QB | 325,000 |
03/02/2010 |
| 159, Bagleys Lane, SW6 2FW | 625,000 |
03/02/2010 |
| 199, Flat A, Wandsworth Bridge Road, SW6 2TT | 360,000 |
03/02/2010 |
| 63a, Burlington Road, SW6 4NH | 516,460 |
02/02/2010 |
| 6, First And Second Floor Maisonette, Crookham Road, SW6 4EQ | 500,000 |
02/02/2010 |
| 95, New Kings Road, SW6 4SJ | 1,050,000 |
02/02/2010 |
| 52, Barclay Road, SW6 1EH | 1,450,000 |
01/02/2010 |
| 14, Moore Park Road, SW6 2JS | 1,340,000 |
01/02/2010 |
| 12, Gwyn Close, SW6 2EQ | 400,000 |
01/02/2010 |
| 787, First Floor Flat, Fulham Road, SW6 5HD | 285,000 |
01/02/2010 |
| 17, Stokenchurch Street, SW6 3TS | 1,375,000 |
01/02/2010 |
| 17, Chaldon Road, SW6 7NH | 550,000 |
01/02/2010 |
April 9, 2010
