Fulham Property Prices Surge to Further New Highs
Over half of homes in the second half of the year sold for over a million
Fulham property values appear to have surged to yet new highs with prices achieved rising beyond the record levels seen earlier in the year. More than half the sales recorded recently have been for over a million pounds.
The average price of a home sold in the SW6 post code area in the second half of the year so far is £1,396,965 according to the latest figures from the Land Registry.
This is well up on second quarter of 2014 when the average was just over a million including all-time record sale of £18,000,000 for Lilybridge House on Seagrave Road.
There have been 125 transactions since the end of June of which 65 were for over one million pounds.
The prices were topped by a large house in Stokenchurch Street, which sold for £5,800,000, followed by one in Bradbourne Street which achieved £4,475,000. Both of these are in the sought after area south of New Kings Road and Parsons Green.
Top Twenty of All-Time in Fulham
There are indications, however that this precipitous price rise may becoming to an end. A survey by the Royal Institution of Chartered Surveyors (RICS) on sentiment in the property market suggests that London prices started to fall in September for the first time in three years. This is based on a survey of their members rather than reported sales prices form the Land Registry.
The expectation amongst surveyors for the coming three months in London is that prices will fall further but that they will regain lost ground over the coming year.
A growing sense of caution seems to be indicated by a continued contraction in buyer demand. The RICS survey showed that it contracted in London for the fifth month in a row.
Simon Aldous MRICS, of Savills, said, "We do think there is uncertainty due to the forthcoming General Election and the changes that may arise to Mansion Tax, Annual Tax on Enveloped Dwellings, Capital Gains Tax, Stamp Duty. Changes to mortgage lending/regulation has softened the market in Prime South West London. "
Local agent Alan Fuller however, thinks that a slowdown in ever-rising prices is welcome, saying: "
The rapid escalation that started in 2013 began to slow naturally in July, they could never have gone on rising for ever and we are now seeing that values have plateaued, but demand is still there and we still have plenty of buyers for all types of property.
" As for the next months we see the market remaining stable and prices generally static, so a great time to take advantage of calmer times if you are thinking of a move."
The average price in London during the month of July was £457,072 which is up by 19.3% compared with the same month in 2013. For England and Wales as a whole the average is now £175,653 compared with the peak of £181,442 in November 2007 up by 7.2%.
The most up-to-date figures available show that during May 2014 the number of completed house sales in England & Wales increased by 10 per cent to 72,900 compared with 66,325 in May 2013.
The number of properties sold in England and Wales for over £1 million in May 2014 increased by 32 per cent to 1,032 from 779 in May 2013.
A regular market review of the local property scene appears on the site. You can click here for the latest update and analysis.
If your agent is claiming to be marketing your property effectively and it doesn't appear on FulhamSW6.com it may be time to choose a new agent.
Fulham Property Sales - July/August 2014 |
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|---|---|---|
| Deed Date | Address | Price (£) |
| 15/08/2014 | 25 Moore Park Road, SW6 2HU | 3,750,000 |
| 15/08/2014 | 3 St. Dionis Road, SW6 4UQ | 2,000,000 |
| 15/08/2014 | 18a Inglethorpe Street, SW6 6NT | 975,000 |
| 13/08/2014 | 8 Colehill Gardens, Fulham Palace Road, SW6 6SZ | 577,000 |
| 13/08/2014 | 26 Ashcombe Street, SW6 3AN | 1,575,000 |
| 13/08/2014 | 46 Waldemar Avenue, SW6 5NA | 1,900,000 |
| 12/08/2014 | Flat 12, Robert Owen House, Fulham Palace Road, SW6 6JA | 400,000 |
| 12/08/2014 | 80 Peterborough Road, SW6 3EB | 1,700,000 |
| 11/08/2014 | 12 Pursers Cross Road, SW6 4QX | 1,625,000 |
| 08/08/2014 | 50 Colehill Lane, SW6 5EG | 1,610,000 |
| 08/08/2014 | 174 Munster Road, SW6 6AT | 2,300,000 |
| 08/08/2014 | Flat E, 141 New Kings Road, SW6 4SL | 585,000 |
| 08/08/2014 | Basement Flat, 4 Ongar Road, SW6 1RJ | 810,000 |
| 08/08/2014 | Flat 6, Octavia House, 213 Townmead Road, SW6 2FH | 525,000 |
| 08/08/2014 | Flat 5, Reynwell House, 29 Kingwood Road, SW6 6SP | 118,750 |
| 07/08/2014 | 350b North End Road, SW6 1NB | 430,000 |
| 06/08/2014 | 16 Sherbrooke Road, SW6 7HU | 1,275,000 |
| 06/08/2014 | 58 Clancarty Road, SW6 3AA | 1,675,000 |
| 05/08/2014 | 2a Ryecroft Street, SW6 3TT | 315,000 |
| 04/08/2014 | Flat 1, 13 Greswell Street, SW6 6PR | 780,000 |
| 04/08/2014 | 78a Townmead Road, SW6 2RU | 525,000 |
| 01/08/2014 | 47 Langthorne Street, SW6 6JT | 1,675,000 |
| 01/08/2014 | 37 Whittingstall Road, SW6 4EA | 800,000 |
| 01/08/2014 | Flat 17, Ranelagh Mansions, New Kings Road, SW6 4RH | 775,000 |
| 01/08/2014 | 12 Rostrevor Road, SW6 5AD | 2,325,501 |
| 31/07/2014 | 18 Kingwood Road, SW6 6SR | 1,400,000 |
| 31/07/2014 | 19 Atalanta Street, SW6 6TU | 710,250 |
| 31/07/2014 | 21 Favart Road, SW6 4AX | 3,335,000 |
| 31/07/2014 | First Floor Flat, 7 Bishops Road, SW6 7AA | 750,000 |
| 31/07/2014 | First Floor Flat, 56 Burnthwaite Road, SW6 5BE | 1,020,000 |
| 31/07/2014 | Flat 1 Basement And Ground, 50 Fulham Park Gardens, SW6 4JZ | 715,000 |
| 31/07/2014 | Flat 6, Reynwell House, 29 Kingwood Road, SW6 6SP | 675,000 |
| 30/07/2014 | 37 Chipstead Street, SW6 3SR | 4,200,000 |
| 30/07/2014 | 54 Bradbourne Street, SW6 3TE | 4,475,000 |
| 30/07/2014 | 84 Chesilton Road, SW6 5AB | 2,750,000 |
| 29/07/2014 | 21 Tournay Road, SW6 7UG | 2,300,000 |
| 29/07/2014 | Flat 48, Chelsea Vista, The Boulevard, Imperial Wharf, SW6 2SD | 900,000 |
| 29/07/2014 | 5 Epple Road, SW6 4DJ | 775,000 |
| 29/07/2014 | Flat 113, Octavia House, 213 Townmead Road, SW6 2FJ | 250,000 |
| 28/07/2014 | 169 Brompton Park Crescent, SW6 1SX | 645,000 |
| 28/07/2014 | Apartment 44, Thames Point, The Boulevard, Imperial Wharf, SW6 2SX | 2,400,000 |
| 25/07/2014 | 34 Doneraile Street, SW6 6EN | 2,750,000 |
| 25/07/2014 | 11 Kimbell Gardens, SW6 6QG | 1,520,000 |
| 25/07/2014 | 1a Broughton Road, SW6 2LE | 770,000 |
| 25/07/2014 | 28 Narborough Street, SW6 3AR | 1,720,000 |
| 25/07/2014 | 9 Bowerdean Street, SW6 3TN | 2,850,000 |
| 25/07/2014 | 4 New Kings Road, SW6 4SA | 595,000 |
| 25/07/2014 | 47 Felden Street, SW6 5AE | 2,070,000 |
| 25/07/2014 | 31 Burnthwaite Road, SW6 5BQ | 1,325,000 |
| 25/07/2014 | 8a Inglethorpe Street, SW6 6NT | 985,000 |
| 24/07/2014 | 51 Crabtree Lane, SW6 6LP | 1,670,000 |
| 24/07/2014 | 25 Niton Street, SW6 6NH | 2,250,000 |
| 24/07/2014 | 2 Blake Gardens, SW6 4QA | 2,295,000 |
| 23/07/2014 | 24a Langthorne Street, SW6 6JY | 925,000 |
| 21/07/2014 | 57 Orbain Road, SW6 7JZ | 1,100,000 |
| 21/07/2014 | 31 Halford Road, SW6 1JZ | 1,950,000 |
| 21/07/2014 | 82, Rivermead Court, Ranelagh Gardens, SW6 3SA | 1,450,000 |
| 20/07/2014 | 8 Oakbury Road, SW6 2NL | 750,000 |
| 18/07/2014 | 51 Queensmill Road, SW6 6JP | 1,900,000 |
| 18/07/2014 | 4 Lysia Street, SW6 6NG | 1,575,000 |
| 18/07/2014 | 15 Hamble Street, SW6 2RT | 1,595,000 |
| 18/07/2014 | 40 Edenvale Street, SW6 2SF | 715,000 |
| 18/07/2014 | 40a Edenvale Street, SW6 2SF | 715,000 |
| 18/07/2014 | 31 Clancarty Road, SW6 3AH | 1,850,000 |
| 18/07/2014 | 41 Irene Road, SW6 4AP | 1,030,000 |
| 18/07/2014 | 28 Mimosa Street, SW6 4DT | 1,049,024 |
| 18/07/2014 | Flat 3, The Square, 61 Parsons Green Lane, SW6 4JA | 925,000 |
| 18/07/2014 | 36 Allestree Road, SW6 6AE | 1,440,100 |
| 18/07/2014 | Ground Floor Flat, 40 Bronsart Road, SW6 6AA | 619,024 |
| 18/07/2014 | Ground Floor Flat, 39 Purcell Crescent, SW6 7PB | 509,000 |
| 17/07/2014 | Flat 19, Block 1, Philpot Square, SW6 3HT | 405,000 |
| 17/07/2014 | Flat 29, Churchfield Mansions 321-345, New Kings Road, SW6 4RA | 757,500 |
| 17/07/2014 | 32 Mablethorpe Road, SW6 6AH | 720,000 |
| 16/07/2014 | 4 Horder Road, SW6 5EE | 1,360,000 |
| 16/07/2014 | Flat 47, Octavia House, 213 Townmead Road, SW6 2FH | 305,712 |
| 15/07/2014 | Flat 3, 17-18, Walham Grove, SW6 1QP | 750,000 |
| 15/07/2014 | 38 Clancarty Road, SW6 3AB | 2,050,000 |
| 15/07/2014 | 18 Chiddingstone Street, SW6 3TG | 3,525,000 |
| 15/07/2014 | 74 Harwood Road, SW6 4PZ | 454,000 |
| 15/07/2014 | 35 Chesilton Road, SW6 5AA | 3,525,000 |
| 15/07/2014 | 6 Ringmer Avenue, SW6 5LW | 2,000,000 |
| 14/07/2014 | 97, Bishops Mansions, Bishops Park Road, SW6 6DY | 960,000 |
| 14/07/2014 | 15 Sedlescombe Road, SW6 1RE | 1,910,000 |
| 14/07/2014 | Flat 4, St. Matthews Court, 265 Wandsworth Bridge Road, SW6 2TU | 375,000 |
| 14/07/2014 | 34 Broomhouse Road, SW6 3QX | 2,220,000 |
| 11/07/2014 | Flat 13, Alder Lodge, 73 Stevenage Road, SW6 6NP | 720,000 |
| 11/07/2014 | 28b Bishops Road, SW6 7AD | 865,000 |
| 11/07/2014 | 24 Querrin Street, SW6 2SJ | 1,348,000 |
| 11/07/2014 | 24 Bradbourne Street, SW6 3TE | 3,800,000 |
| 11/07/2014 | 48 Ringmer Avenue, SW6 5LW | 2,400,000 |
| 11/07/2014 | Ground Floor Flat, 38 Ewald Road, SW6 3ND | 562,000 |
| 11/07/2014 | Flat 3, 17 Gowan Avenue, SW6 6RH | 545,000 |
| 11/07/2014 | 37a Tynemouth Street, SW6 2QS | 741,000 |
| 10/07/2014 | 57 Racton Road, SW6 1LW | 750,000 |
| 10/07/2014 | Flat 49, The Piper Building, Peterborough Road, SW6 3EF | 1,300,000 |
| 10/07/2014 | 11 Ewald Road, SW6 3NA | 1,650,000 |
| 10/07/2014 | Flat 23, Broxholme House, Harwood Road, SW6 4AA | 474,500 |
| 10/07/2014 | 111a Hurlingham Road, SW6 3NJ | 2,395,000 |
| 09/07/2014 | 46 Fernhurst Road, SW6 7JW | 3,250,000 |
| 07/07/2014 | 53 Elbe Street, SW6 2QP | 415,000 |
| 04/07/2014 | 54 Harbord Street, SW6 6PJ | 750,000 |
| 04/07/2014 | 29 Letterstone Road, SW6 7BS | 1,820,000 |
| 04/07/2014 | Flat 452, Sulivan Court, Peterborough Road, SW6 3BX | 340,000 |
| 04/07/2014 | Flat 168, Sulivan Court, Broomhouse Lane, SW6 3DN | 525,000 |
| 04/07/2014 | 91 Studdridge Street, SW6 3TD | 2,640,000 |
| 04/07/2014 | 39 Stokenchurch Street, SW6 3TS | 5,800,000 |
| 04/07/2014 | 28 St. Maur Road, SW6 4DP | 2,300,000 |
| 04/07/2014 | 6 New Kings Road, SW6 4SA | 450,000 |
| 04/07/2014 | 36 Doria Road, SW6 4UG | 2,300,000 |
| 04/07/2014 | Flat 3, Lancaster Court, Fulham Road, SW6 5TB | 435,000 |
| 04/07/2014 | Ground Floor Flat, 63 Danehurst Street, SW6 6SA | 207,496 |
| 04/07/2014 | 10a Inglethorpe Street, SW6 6NT | 967,625 |
| 03/07/2014 | Flat 22a, Rosebank, Holyport Road, SW6 6LG | 275,000 |
| 03/07/2014 | 153 Bagleys Lane, SW6 2FW | 530,000 |
| 03/07/2014 | 11b Racton Road, SW6 1LW | 760,000 |
| 02/07/2014 | 471 Fulham Palace Road, SW6 6SU | 540,000 |
| 02/07/2014 | 56 Rosaline Road, SW6 7QT | 1,090,000 |
| 02/07/2014 | 27 Ongar Road, SW6 1RL | 1,150,000 |
| 02/07/2014 | 31 Acfold Road, SW6 2AJ | 2,300,000 |
| 02/07/2014 | 9a Purcell Crescent, SW6 7NZ | 590,000 |
| 01/07/2014 | 67 Reporton Road, SW6 7JP | 1,455,000 |
| 01/07/2014 | 23 Orbain Road, SW6 7JZ | 1,200,000 |
| 01/07/2014 | 43 Fabian Road, SW6 7TY | 1,625,000 |
| 01/07/2014 | 208 Stephendale Road, SW6 2PP | 1,463,887 |
| 01/07/2014 | 11 Rowallan Road, SW6 6AF | 1,350,200 |
October 10, 2014
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