Recent transactions suggest prices are at all-time high
The average price of a home sold in the SW6 post code area during December was £840,467 according to the latest figures from the Land Registry.
Although this is down on previous months prices have risen by 25.5% in the area during 2013.
There were 103 transactions during the month of which 24 were for over one million pounds.
The most expensive property sold during the month was on Crondace Road changing hands for £3,250,000.
Top Twenty of All-Time in Fulham
According to the Land Registry, London property prices continue to lead the rest of the country rising by 6.3% in February compared with the same month in 2012. The average price of a home in the capital is now £370,819. This is down slightly on the previous month. For England and Wales as a whole over the same period average prices rose by just 1.0% to reach £162,606.
The most up-to-date figures available show that during December 2012, the number of completed house sales in England and Wales decreased by 15 per cent to 53,860 compared with 63,600 in December 2011. The number of properties sold in England and Wales for over £1 million in December 2012 increased by 19 per cent to 598 from 501 in December 2011.
The December data from Land Registry's House Price Index shows that London remains the best performing property market in England and Wales. The average price of a home in the capital rose by 11.2% over the year to £403,972.
For the country as a whole prices rose by 4.4% which takes the average property value in England and Wales to £167,353. Repossession volumes decreased by 28 per cent in July 2013 to 1,187 compared with 1,645 in July 2012.
The most up-to-date figures available show that during October 2013 the number of completed house sales in England & Wales increased by 21 per cent to 71,929 compared with 59,213 in October 2012. The number of properties sold in England and Wales for over £1 million in October 2013 increased by 40 per cent to 913 from 651 in October 2012.
According to the RICS Residential Market Survey, the number of homes sold per chartered surveyor in London reached its highest point since October 2010 in December as the recovery in the capital’s property sector continued.
Over the festive period, the average number of transactions per surveyor in London, reached 16 - over treble that of the lowest point of the downturn back in February 2009 when respondents were selling a mere 6. With more sales now going through, growth in demand for rented accommodation has fallen again as a growing number of renters opt to test the sales market.
Meanwhile, with the amount of homes coming onto the market still nowhere near enough to meet the higher level of demand, prices continue to rise. In London during December, a net balance of 99 percent more chartered surveyors reported growing prices. Significantly, every area of the UK saw prices increase with London and the South East experiencing the biggest jumps.
Peter Bolton King, RICS Global Residential Director, commented: “The housing market is starting to thrive once more. Sales are at their highest level in almost six years and this is being reflected right across the UK. Growing availability of affordable mortgages has released some pent-up demand from a market that, in recent years, has seen many viable buyers unable to enter the market. On the face of it, this seems like good news but unless we see a marked increase in the number of homes coming up for sale we could well be looking at a price rises becoming unsustainable in some areas.”
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Fulham Property Sales - December 2013 |
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Deed Date | Address | Price (£) |
23/12/2013 | 7 Lysia Street, SW6 6NF | 391,000 |
23/12/2013 | 72 St. Olaf's Road, SW6 7DN | 590,000 |
23/12/2013 | 48 Coniger Road, SW6 3TA | 2,237,500 |
20/12/2013 | 7 Fernhurst Road, SW6 7JN | 1,775,000 |
20/12/2013 | 48 St. Peter's Terrace, SW6 7JS | 295,000 |
20/12/2013 | Flat 5, Dorset Mansions, Lillie Road, SW6 7PF | 500,000 |
20/12/2013 | 3 Shorrolds Road, SW6 7TR | 460,000 |
20/12/2013 | 346b North End Road, SW6 1NB | 370,000 |
20/12/2013 | Flat 80, Hurlingham Court, Ranelagh Gardens, SW6 3UR | 1,220,000 |
20/12/2013 | 24 Crondace Road, SW6 4BS | 3,250,000 |
20/12/2013 | Flat 138, Fulham Court, Fulham Road, SW6 5QB | 400,000 |
20/12/2013 | Flat 4, 31-35, Fulham High Street, SW6 3JH | 375,000 |
20/12/2013 | First Floor Flat, 787 Fulham Road, SW6 5HD | 290,000 |
19/12/2013 | 51 St. Peter's Terrace, SW6 7JS | 345,000 |
19/12/2013 | 33 Fabian Road, SW6 7TY | 700,000 |
19/12/2013 | 46 Lillie Road, SW6 1TN | 499,950 |
19/12/2013 | 34 Ashcombe Street, SW6 3AN | 1,645,000 |
19/12/2013 | 14 Kempson Road, SW6 4PU | 2,570,000 |
19/12/2013 | 27 Bronsart Road, SW6 6AJ | 1,500,000 |
19/12/2013 | 5a, Burlington Lodge Studios, Rigault Road, SW6 4JJ | 386,000 |
18/12/2013 | 13 Firth Gardens, SW6 6QB | 1,550,000 |
18/12/2013 | 25a Tamworth Street, SW6 1LF | 743,549 |
18/12/2013 | 24 Imperial Square, SW6 2AE | 899,950 |
18/12/2013 | Flat 20, King Charles House, Wandon Road, SW6 2JH | 415,300 |
18/12/2013 | 51 Beltran Road, SW6 3AL | 606,000 |
18/12/2013 | 48 Harwood Road, SW6 4PY | 565,000 |
18/12/2013 | Flat 128, Fulham Court, Fulham Road, SW6 5QB | 249,000 |
18/12/2013 | Flat 33, Doulton House, 11 Park Street, SW6 2FS | 699,950 |
18/12/2013 | 10a Wandsworth Bridge Road, SW6 2TJ | 795,000 |
16/12/2013 | Flat 70, Alder Lodge, 73 Stevenage Road, SW6 6NR | 622,000 |
16/12/2013 | 3 Meldon Close, SW6 2AQ | 850,000 |
16/12/2013 | Apartment 9, Regency House, The Boulevard, Imperial Wharf, SW6 2SB | 700,000 |
16/12/2013 | Flat 1, 112 Bishops Road, SW6 7AS | 550,000 |
16/12/2013 | Flat B, 91 Harwood Road, SW6 4QL | 450,000 |
13/12/2013 | 2 St. Olaf's Road, SW6 7DL | 660,000 |
13/12/2013 | 127 Mirabel Road, SW6 7EQ | 775,000 |
13/12/2013 | 15 Chaldon Road, SW6 7NH | 1,425,000 |
13/12/2013 | 2 De Morgan Road, SW6 2RP | 601,500 |
13/12/2013 | Flat 47, Aspect Court, Lensbury Avenue, SW6 2TN | 880,000 |
13/12/2013 | Flat 24, King Edward Mansions, 629 Fulham Road, SW6 5UH | 635,000 |
13/12/2013 | 122 Bronsart Road, SW6 6AB | 585,000 |
13/12/2013 | First And Second Floor Flat, 6 Halford Road, SW6 1JT | 680,000 |
12/12/2013 | 20a Danehurst Street, SW6 6SD | 625,000 |
12/12/2013 | Flat 30, Sailmakers Court, William Morris Way, SW6 2UX | 725,000 |
12/12/2013 | 49 Chipstead Street, SW6 3SR | 2,700,000 |
12/12/2013 | 5 Pursers Cross Road, SW6 4QY | 1,150,000 |
12/12/2013 | 44 Winchendon Road, SW6 5DR | 2,150,000 |
10/12/2013 | 21 Kilmaine Road, SW6 7JU | 1,395,000 |
10/12/2013 | Flat 36, Regal House, Lensbury Avenue, SW6 2GZ | 900,000 |
10/12/2013 | Flat 11, Tournay House, 2 Tournay Road, SW6 7UF | 690,000 |
10/12/2013 | Flat 13, Tournay House, 2 Tournay Road, SW6 7UF | 715,000 |
10/12/2013 | Flat 15, Tournay House, 2 Tournay Road, SW6 7UF | 555,000 |
10/12/2013 | Flat 17, Tournay House, 2 Tournay Road, SW6 7UF | 622,000 |
10/12/2013 | Flat 18, Tournay House, 2 Tournay Road, SW6 7UF | 720,000 |
10/12/2013 | Flat 2, Tournay House, 2 Tournay Road, SW6 7UF | 385,000 |
10/12/2013 | Flat 4, Tournay House, 2 Tournay Road, SW6 7UF | 670,000 |
10/12/2013 | Flat 5, Tournay House, 2 Tournay Road, SW6 7UF | 650,000 |
10/12/2013 | Flat 6, Tournay House, 2 Tournay Road, SW6 7UF | 545,000 |
10/12/2013 | Flat 7, Tournay House, 2 Tournay Road, SW6 7UF | 450,000 |
10/12/2013 | Flat 9, Tournay House, 2 Tournay Road, SW6 7UF | 450,000 |
09/12/2013 | Flat 17, Lannoy Point, Pellant Road, SW6 7NQ | 387,000 |
09/12/2013 | Flat 11, St. Clements Mansions, Lillie Road, SW6 7PG | 310,556 |
09/12/2013 | 1 Hildyard Road, SW6 1SG | 620,000 |
09/12/2013 | 110 Brompton Park Crescent, SW6 1SP | 575,000 |
09/12/2013 | 89 Moore Park Road, SW6 2DA | 650,000 |
09/12/2013 | 15 New Kings Road, SW6 4SB | 415,000 |
09/12/2013 | 702h Fulham Road, SW6 5SA | 1,055,000 |
09/12/2013 | 1a Winchendon Road, SW6 5DH | 615,000 |
06/12/2013 | 32a Danehurst Street, SW6 6SD | 956,000 |
06/12/2013 | Flat 31, Ferrymans Quay, William Morris Way, SW6 2UT | 975,000 |
06/12/2013 | 6 South Park Mews, SW6 3AY | 1,750,000 |
06/12/2013 | 19 Daisy Lane, SW6 3DD | 1,350,000 |
06/12/2013 | 26 Carnwath Road, SW6 3HF | 490,000 |
06/12/2013 | Flat 93, Parkview Court, 38 Fulham High Street, SW6 3LJ | 500,000 |
06/12/2013 | 318 Munster Road, SW6 6BH | 265,000 |
06/12/2013 | Flat 3, 22 Dawes Road, SW6 7EN | 470,100 |
06/12/2013 | 15a Firth Gardens, SW6 6QB | 705,000 |
06/12/2013 | Flat 1, 146 Townmead Road, SW6 2RH | 450,000 |
06/12/2013 | Ground Floor Flat, 15 Greswell Street, SW6 6PR | 675,000 |
06/12/2013 | 114a Wandsworth Bridge Road, SW6 2TF | 526,100 |
06/12/2013 | Ground Floor Flat, 4 Ongar Road, SW6 1RJ | 553,500 |
06/12/2013 | Flat G, 14 Vera Road, SW6 6RN | 815,000 |
05/12/2013 | 8 Letterstone Road, SW6 7BA | 1,100,000 |
05/12/2013 | 66 Bagleys Lane, SW6 2BH | 650,000 |
05/12/2013 | 11 Maxwell Road, SW6 2HT | 2,750,000 |
05/12/2013 | 12 Novello Street, SW6 4JB | 1,007,000 |
05/12/2013 | Flat C, 62 Mirabel Road, SW6 7EH | 226,125 |
04/12/2013 | 11 Greswell Street, SW6 6PR | 672,000 |
04/12/2013 | 75a Hartismere Road, SW6 7UE | 535,000 |
04/12/2013 | Ground Floor Flat, 56 Mablethorpe Road, SW6 6AH | 720,000 |
04/12/2013 | Flat 2, 271 Lillie Road, SW6 7LL | 310,000 |
03/12/2013 | 40 Queensmill Road, SW6 6JS | 1,600,000 |
03/12/2013 | 108 Sherbrooke Road, SW6 7QN | 1,200,000 |
03/12/2013 | 30 Stephendale Road, SW6 2PE | 1,360,000 |
03/12/2013 | Flat 28, Lancaster Court, Fulham Road, SW6 5TB | 415,000 |
02/12/2013 | 3 Elswick Street, SW6 2QR | 1,325,000 |
02/12/2013 | 202 Wandsworth Bridge Road, SW6 2UE | 668,000 |
02/12/2013 | Flat 406, Sulivan Court, Broomhouse Lane, SW6 3DL | 170,000 |
02/12/2013 | 60d Bradbourne Street, SW6 3TE | 410,000 |
02/12/2013 | 1 Munster Road, SW6 4ER | 795,000 |
02/12/2013 | 59 Rostrevor Road, SW6 5AR | 2,550,000 |
02/12/2013 | 2b Glenrosa Street, SW6 2QZ | 528,000 |
02/12/2013 | First Floor Flat, 144 Townmead Road, SW6 2RJ | 635,000 |
October 8, 2014