Fulham Property Sales - September 2014
Average dips below the million mark having reached record highs
The latest numbers for the Fulham property market show that prices have continued to rise through the autumn yet another record high.
There were 292 properties reported as sold to the Land Registry in the SW6 post code area during the third quarter of 2014 at an average price of £1,180,367. This is up by 21.8% over the same period last year. The average did dip under the seven figure mark during
The best performing property type was the terraced house which now on average costs nearly £2,000,000 potentially rendering their owners liable for the 'mansion tax' should it ever be introduced.
London property prices generally are up by 18.4% to £460,521 in the year to end September according to the Land Registry although they are slightly down from the level seen at the end of August. The a average house price in England and Wales is now £177,299 compared with the peak of £181,324 in November 2007. This is a rise of 7.2% compared with the same month last year.
The most up-to-date figures available show that during July 2014 the number of completed house sales in England & Wales increased by 7 per cent to 79,214 compared with 73,749 in July 2013. The number of properties sold in England and Wales for over £1 million in July 2014 increased by 19 per cent to 1,439 from 1,207 in July 2013.
The Royal Institution of Chartered Surveyors (RICS) are striking a cautious note pointing out that demand for property in London has been down for six months in a row. Prices are also falling in more recent months according to their survey which covers sales up to the end of October.
London is experiencing a fall in buyer demand with 62% more chartered surveyors reporting a fall over the last month. Significantly, a little more stock is now coming onto the market with 15% more chartered surveyors seeing a rise in new instructions up from 3% more last month. The RICS say that this points to the market in London moving towards a more sustainable position and they remain modestly positive on a twelve month view.
In London, tenant demand was broadly flat over the last quarter. Despite this, rents are still expected to continue to move higher albeit by a little less than 2 per cent over the next twelve months.
Simon Rubinsohn, RICS Chief Economist, said, 'The flatter trend in the market is partly a reflection of potential buyers becoming a little more cautious about making a purchase as more stringent lending criteria has made it harder to access mortgage finance. An increasing awareness of the approaching general election also appears to be contributing to the softer market if the responses to the latest survey are anything to go by. However, with new instructions still flat at a headline level as has been the case for most of the last year it seems implausible that the dip in demand will result in very much of a decline in house prices.'
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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 - September 2014 |
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|---|---|---|
| Deed Date | Address | Price (£) |
| 30/09/2014 | Upper Maisonette, 23 Winchendon Road, SW6 5DH | 1,030,000 |
| 30/09/2014 | Ground Floor Flat, 42 Townmead Road, SW6 2RR | 585,000 |
| 30/09/2014 | The Loft Maisonette, 250 Lillie Road, SW6 7PX | 550,000 |
| 30/09/2014 | 95a Wandsworth Bridge Road, SW6 2TD | 765,000 |
| 30/09/2014 | Flat 48, Hurlingham Court, Ranelagh Gardens, SW6 3UP | 2,400,000 |
| 29/09/2014 | 30 Avalon Road, SW6 2EX | 1,330,000 |
| 29/09/2014 | Flat A-C, 188 Wandsworth Bridge Road, SW6 2UF | 880,000 |
| 29/09/2014 | 20 Allestree Road, SW6 6AE | 1,395,000 |
| 29/09/2014 | 9 Langthorne Street, SW6 6JT | 1,555,000 |
| 26/09/2014 | First And Second Floor Flat, 88 Langthorne Street, SW6 6JX | 786,000 |
| 26/09/2014 | 31 Ravensbourne Apartments, 5 Central Avenue, SW6 2GN | 665,000 |
| 26/09/2014 | 63 Brompton Park Crescent, SW6 1SP | 439,000 |
| 26/09/2014 | 31 Brompton Park Crescent, SW6 1SW | 775,000 |
| 26/09/2014 | 24 Broughton Road, SW6 2LA | 615,000 |
| 26/09/2014 | 24a Furness Road, SW6 2LH | 775,000 |
| 26/09/2014 | 24 Novello Street, SW6 4JB | 1,450,000 |
| 26/09/2014 | 3a New Kings Road, SW6 4SB | 895,000 |
| 26/09/2014 | 16 St. Dionis Road, SW6 4TT | 1,400,000 |
| 26/09/2014 | 23 Felden Street, SW6 5AE | 2,150,000 |
| 25/09/2014 | 75a Hartismere Road, SW6 7UE | 650,000 |
| 25/09/2014 | Flat 42, Octavia House, 213 Townmead Road, SW6 2FH | 251,028 |
| 25/09/2014 | 9 Lambrook Terrace, SW6 6TF | 800,000 |
| 24/09/2014 | 15 Holyport Road, SW6 6LY | 555,000 |
| 23/09/2014 | 86 Colehill Lane, SW6 5EH | 890,000 |
| 22/09/2014 | Ground Floor Flat, 56 Radipole Road, SW6 5DL | 930,000 |
| 22/09/2014 | Flat 2, 56 Radipole Road, SW6 5DL | 575,000 |
| 22/09/2014 | 59 Waterford Road, SW6 2DT | 2,340,000 |
| 19/09/2014 | 71a Anselm Road, SW6 1LH | 660,000 |
| 19/09/2014 | Flat 107, Octavia House, 213 Townmead Road, SW6 2FJ | 322,896 |
| 19/09/2014 | 16a Halford Road, SW6 1JT | 535,000 |
| 19/09/2014 | 47a Burlington Road, SW6 4NH | 670,000 |
| 19/09/2014 | 16 Homestead Road, SW6 7DB | 620,000 |
| 19/09/2014 | 78 Aintree Estate, SW6 7QX | 570,000 |
| 18/09/2014 | 3a Vera Road, SW6 6RW | 575,000 |
| 18/09/2014 | Flat A, 706 Fulham Road, SW6 5SB | 799,950 |
| 18/09/2014 | 1, Mccoy House, Shorrolds Road, SW6 7TR | 800,000 |
| 18/09/2014 | 24 Favart Road, SW6 4AX | 2,333,200 |
| 18/09/2014 | Flat 25, Waldemar Avenue Mansions, Waldemar Avenue, SW6 5LT | 765,000 |
| 18/09/2014 | Flat 9, Waldemar Avenue Mansions, Waldemar Avenue, SW6 5LT | 570,000 |
| 18/09/2014 | 68 Inglethorpe Street, SW6 6NX | 2,000,000 |
| 17/09/2014 | 49 Linver Road, SW6 3RA | 2,350,000 |
| 17/09/2014 | 1 Burnfoot Avenue, SW6 5EB | 1,300,000 |
| 17/09/2014 | Flat 81, Lancaster Court, Fulham Road, SW6 5TA | 550,000 |
| 15/09/2014 | 33a Wardo Avenue, SW6 6RA | 750,000 |
| 15/09/2014 | 43 Haldane Road, SW6 7ET | 1,375,000 |
| 12/09/2014 | 341b North End Road, SW6 1NN | 449,950 |
| 12/09/2014 | Flat 41, Octavia House, 213 Townmead Road, SW6 2FH | 360,000 |
| 12/09/2014 | 1, Mccoy House, Shorrolds Road, SW6 7TR | 630,000 |
| 12/09/2014 | Flat 33, Da Palma Court, Racton Road, SW6 1LN | 385,000 |
| 12/09/2014 | 78 Clancarty Road, SW6 3AA | 1,495,000 |
| 12/09/2014 | 49, Rivermead Court, Ranelagh Gardens, SW6 3RX | 1,525,000 |
| 12/09/2014 | Flat 2, 1 Crookham Road, SW6 4EG | 620,000 |
| 12/09/2014 | 64 Munster Road, SW6 4EP | 764,350 |
| 12/09/2014 | 10 Horder Road, SW6 5EE | 1,200,000 |
| 12/09/2014 | 61 Epirus Road, SW6 7UR | 1,175,000 |
| 11/09/2014 | 22a Ongar Road, SW6 1SJ | 1,324,999 |
| 10/09/2014 | 7a Tynemouth Street, SW6 2QS | 910,000 |
| 10/09/2014 | 47 Mirabel Road, SW6 7EQ | 990,500 |
| 09/09/2014 | Flat 112, Fulham Island, 4 Farm Lane, SW6 1DF | 728,000 |
| 08/09/2014 | Flat 6, 43-57, Peterborough Road, SW6 3BT | 665,000 |
| 08/09/2014 | 103 Studdridge Street, SW6 3TD | 2,300,000 |
| 05/09/2014 | First Floor Flat, 1 Inglethorpe Street, SW6 6NS | 1,050,000 |
| 05/09/2014 | Ground Floor Flat, 7 Edenvale Street, SW6 2SE | 660,000 |
| 05/09/2014 | 34 Chiddingstone Street, SW6 3TG | 1,330,000 |
| 05/09/2014 | 23 Whittingstall Road, SW6 4EA | 290,000 |
| 05/09/2014 | Flat 97, Drive Mansions, Fulham Road, SW6 5JH | 700,000 |
| 05/09/2014 | 315 Lillie Road, SW6 7LL | 500,000 |
| 05/09/2014 | 108 Aintree Estate, SW6 7QX | 350,000 |
| 04/09/2014 | 37 Brompton Park Crescent, SW6 1SW | 620,000 |
| 04/09/2014 | Flat 42, Down House, 297 Wandsworth Bridge Road, SW6 2NY | 414,950 |
| 04/09/2014 | 36 Linver Road, SW6 3RB | 2,150,000 |
| 04/09/2014 | 142, Bishops Mansions, Stevenage Road, SW6 6DX | 955,000 |
| 03/09/2014 | Flat 31, Counter House, 1 Park Street, SW6 2FL | 815,000 |
| 03/09/2014 | 296 Brompton Park Crescent, SW6 1SE | 572,000 |
| 03/09/2014 | 116 Brompton Park Crescent, SW6 1SP | 635,000 |
| 02/09/2014 | 322 Fulham Palace Road, SW6 6HS | 725,000 |
| 02/09/2014 | 87 Gowan Avenue, SW6 6RQ | 1,820,000 |
| 01/09/2014 | Ground Floor Flat, 192 Stephendale Road, SW6 2PW | 540,000 |
| 01/09/2014 | Flat 419, Sulivan Court, Broomhouse Lane, SW6 3DL | 187,300 |
| 01/09/2014 | Flat 3, Dorset Mansions, Lillie Road, SW6 7PF | 383,000 |
November 16, 2015