SW6 Property Prices Continue to Slump


Recent sales suggest further slowdown in local home market

Figures from the Land Registry show that the average price of a Fulham property changing hands so far this year was £633,368.

This suggests that prices have continued to decline having peaked in the second quarter of 2011 at over £750,000. In the last quarter of the year the average was £697,811.

The number of transactions also appears to be down with only 38 properties reported sold so far in 2012. Of those only three went for over one million pounds, the most expensive of which cost £3,886,819 on Chipstead Street. This is the eighth highest price paid for a Fulham property.

Prices at the lower end of the market also bring bad news for buyers, with Fulham becoming steadily less affordable for first timers. Just three flats have changed hands so far in 2012 for under £300,000, including two apartments in Counter House, within new development Chelsea Creek, offered at a discount price of £212, 750. In contrast, 11  changed hands for between £300,000 and £400,000.

The region in England and Wales which experienced the highest increase in its average property value over the last 12 months is London with a movement of 2.9%. London also experienced the greatest monthly rise with a movement of 2.5%. The North East experienced the greatest annual price fall with a decrease of 4.5%.

The January data from Land Registry's flagship House Price Index shows an annual price decrease of 1.0% which takes the average property value in England and Wales to £161,545. The monthly change from December to January is 1.1%.

The most up-to-date figures available show that, during November 2011, the number of completed house sales in England and Wales increased by 3% to 57,967 compared to 56,312 in November 2010. The number of properties sold in England and Wales for over £1 million in November 2011 decreased by 4% to 524 from 548 in November 2010.

The latest reported sales are given in the table below.

Fulham Property Sales - January 2012

Address
Price (£) Date
West London Studios, 402, Flat 13, Fulham Road, SW6 1HR
380,000
31/01/2012
6, Flat, Tamworth Street, SW6 1LE
615,000
31/01/2012
35 Counter House, 1, Park Street, SW6 2FL
685,000
31/01/2012
Avondale, Flat 2, Vera Road, SW6 6QH
480,000
31/01/2012
657, Basement Ground And Mezzanine, Fulham Road, SW6 5PY
277,300
31/01/2012
38b, Reporton Road, SW6 7JR
250,000
31/01/2012
12, Tamworth Street, SW6 1LE
590,000
31/01/2012
124, Dawes Road, SW6 7EG
650,000
31/01/2012
91, Stephendale Road, SW6 2LT
859,250
31/01/2012
15, Campana Road, SW6 4AS
1,435,000
31/01/2012
58, Ground Floor Flat, Anselm Road, SW6 1LJ
330,000
30/01/2012
41c, Vera Road, SW6 6QP
650,000
30/01/2012
Lower Ground Floor Flat, 58, Anselm Road, SW6 1LJ
200,000
30/01/2012
2, Cambria Street, SW6 2EE
1,200,000
30/01/2012
94, Ground Floor Flat, Langthorne Street, SW6 6JX
320,000
27/01/2012
Rosebank, Flat 25, Holyport Road, SW6 6LG
337,000
27/01/2012
34 Counter House, 1, Park Street, SW6 2FL
629,950
27/01/2012
44d, Cedarne Road, SW6 2DF
368,750
27/01/2012
25, Flat B, Homestead Road, SW6 7DB
357,000
27/01/2012
Mahogany House, Flat 1, Lensbury Avenue, SW6 2PT
745,000
27/01/2012
78, Dawes Road, SW6 7EJ
775,000
27/01/2012
52, Finlay Street, SW6 6HB
1,575,000
27/01/2012
96, Flat A, Wandsworth Bridge Road, SW6 2TF
340,000
26/01/2012
215, Flat 3, Munster Road, SW6 6BU
250,000
26/01/2012
239, Wandsworth Bridge Road, SW6 2TU
787,500
26/01/2012
16, Niton Street, SW6 6NJ
1,300,000
26/01/2012
20, Kingwood Road, SW6 6SR
748,000
26/01/2012
37, Sherbrooke Road, SW6 7QJ
745,000
26/01/2012
16, Edenvale Street, SW6 2SF
577,500
25/01/2012
43, Beltran Road, SW6 3AL
1,310,000
25/01/2012
60, Wandsworth Bridge Road, SW6 2TH
628,000
24/01/2012
56, Kilmaine Road, SW6 7JX
1,195,000
24/01/2012
59, Hestercombe Avenue, SW6 5LL
1,500,000
24/01/2012
35, St Olafs Road, SW6 7DL
345,000
23/01/2012
21, Apartment 4, Sherbrooke Road, SW6 7HX
418,000
23/01/2012
75a, Fulham Park Gardens, SW6 4LQ
445,100
23/01/2012
3, Flat E, Whittingstall Road, SW6 4EA
315,000
23/01/2012
Bishops Mansions, Flat 17, Bishops Park Road, SW6 6DZ
587,100
20/01/2012
381, Flat B, Fulham Palace Road, SW6 6TA
395,000
20/01/2012
3, Flat 1, Ringmer Avenue, SW6 5LP
530,000
20/01/2012
104, Flat 4, Dawes Road, SW6 7EG
275,000
20/01/2012
93d, Bishops Road, SW6 7AX
253,000
20/01/2012
36, Alderville Road, SW6 3RJ
1,250,000
20/01/2012
19a, Fabian Road, SW6 7TY
595,000
19/01/2012
13, Knivet Road, SW6 1JR
835,000
19/01/2012
39, Top Floor Maisonette, Racton Road, SW6 1LW
575,000
18/01/2012
20, Ground Floor Flat, Harwood Road, SW6 4PH
395,000
18/01/2012
20a, Chesilton Road, SW6 5AB
1,795,000
18/01/2012
88, Harwood Road, SW6 4QH
890,000
17/01/2012
61, Cranbury Road, SW6 2NJ
902,000
16/01/2012
22 Counter House, 1, Park Street, SW6 2FL
625,000
16/01/2012
31 Counter House, 1, Park Street, SW6 2FL
605,000
16/01/2012
29a, Munster Road, SW6 4ER
560,000
16/01/2012
40b, Oxberry Avenue, SW6 5SS
315,000
16/01/2012
36a, Cedarne Road, SW6 2DF
251,000
16/01/2012
17, Querrin Street, SW6 2SL
760,000
16/01/2012
69, Wandsworth Bridge Road, SW6 2TB
1,500,000
16/01/2012
35a, Barclay Road, SW6 1EJ
735,000
13/01/2012
27 Counter House, 1, Park Street, SW6 2FL
414,000
13/01/2012
15, Oakbury Road, SW6 2NN
585,000
13/01/2012
39b, Cranbury Road, SW6 2NP
342,000
13/01/2012
82, Kingwood Road, SW6 6SS
550,000
13/01/2012
Churchfield Mansions, 321 - 345, Flat 28, New Kings Road, SW6 4RA
535,000
13/01/2012
Frederick Court, 69a, Flat 5, Fulham High Street, SW6 3JY
150,000
13/01/2012
7, Pellant Road, SW6 7NF
765,000
13/01/2012
81, Sherbrooke Road, SW6 7QL
820,000
13/01/2012
Billing Spring House, 529 - 531, Apartment 6, Fulham Road, SW6 1HD
325,000
12/01/2012
1 Counter House, 1, Park Street, SW6 2FL
406,000
12/01/2012
70 Crabtree Hall, Flat D, Crabtree Lane, SW6 6AR
495,000
12/01/2012
25 Counter House, 1, Park Street, SW6 2FL
212,750
12/01/2012
37 Counter House, 1, Park Street, SW6 2FL
212,750
12/01/2012
39, Maxwell Road, SW6 2HT
1,800,000
12/01/2012
45, Rosebury Road, SW6 2NQ
992,500
12/01/2012
383, Flat 1, North End Road, SW6 1NP
320,000
11/01/2012
65b, Garden Ground, Rosebury Road, SW6 2NQ
425,000
11/01/2012
15, Rosebury Road, SW6 2NH
1,270,000
11/01/2012
28 Counter House, 1, Park Street, SW6 2FL
212,750
10/01/2012
29 Counter House, 1, Park Street, SW6 2FL
212,750
10/01/2012
19, Langthorne Street, SW6 6JT
425,000
09/01/2012
18 Counter House, 1, Park Street, SW6 2FL
212,750
09/01/2012
13, Orbain Road, SW6 7JZ
650,000
09/01/2012
4, Landridge Road, SW6 4LE
1,160,000
09/01/2012
11, Flat F, Vera Road, SW6 6RW
400,000
06/01/2012
55a, Wardo Avenue, SW6 6RA
749,250
06/01/2012
Dolphin House, Flat 41, Lensbury Avenue, SW6 2GY
876,000
06/01/2012
606, Flat 1, Fulham Road, SW6 5RP
351,840
06/01/2012
6 Counter House, 1, Park Street, SW6 2FL
212,750
06/01/2012
32, Queensmill Road, SW6 6JS
925,000
06/01/2012
117, Bishops Road, SW6 7AT
516,000
06/01/2012
29, Crookham Road, SW6 4EG
492,500
06/01/2012
59, Rostrevor Road, SW6 5AR
1,335,000
06/01/2012
104, Tamworth Street, SW6 1LE
460,000
05/01/2012
26, Kenyon Street, SW6 6LD
1,333,000
05/01/2012
1a, Perrymead Street, SW6 3SW
360,000
04/01/2012

 

 

July 5, 2012