Fulham House Prices at All Time High

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Flats soar by over 20% according to Land Registry

For the second quarter the average price in Fulham was £789,335 which is 12.7% up on last year and 2.1% up on the previous month. This is the highest quarterly average on record.

The best performing type of property was flats which rose by 20% over the previous quarter. The average flat or maisonette in SW6 now costs over £500,000.

Over the last ten years Fulham property prices have more than doubled.

The June data from Land Registry's National House Price Index shows an annual price decrease of 2.5% which takes the average property value in England and Wales to £161,479. There was no monthly change from May to June.

The only region in England and Wales to experience an increase in its average property value over the last 12 months is London with a movement of 0.8%.

The most up-to-date figures available show that during April 2011, the number of completed house sales in England and Wales decreased by -7 per cent to 48,704 from 52,272 in April 2010. The number of properties sold in England and Wales for over £1 million increased by 45 per cent between April 2010 and April 2011, from 549 to 798.

The latest reported sales are given in the table below.

 

Fulham Property Prices - April - June 2011
Area	Semi-Det	Sales	Terraced	Sales	Flat/Mais	Sales	Total Averages	Total Sales
SW6 1	0	0	1332000	5	467170	12	721532	17
SW6 2	0	0	977000	15	626352	58	698403	73
SW6 3	0	0	1516935	36	515328	14	1236485	50
SW6 4	0	0	1383743	10	460672	24	732163	34
SW6 5	0	0	1209636	11	394910	20	684006	31
SW6 6	2041000	5	999367	13	483231	43	720913	61
SW6 7	0	0	841725	20	422761	17	649228	37
Total	2041000	5	1208131	110	511007	188	789335	303
Change over quarter	-2.5%	0.0%	-3.0%	10.0%	20.6%	22.1%	2.1%	17.0%
Change over year	-	-	11.1%	2.8%	9.6%	6.2%	12.7%	6.7%
Change over three years							10.6%	-
Change over five years							39.2%	-
Change over ten years							113.1%	-

 

 

November 8, 2011