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