Fulham Property Sales - March 2015
Local estate agents predict post-election bounce for SW6 house prices
Local estate agents are predicting a strong post-election bounce for Fulham property prices as new figures show them faltering in the first three months of the year.
During this period the average price fell by 11.1%, slipping to just under the million mark at £988,209.
The volume of sales meanwhile was almost halved, down 45.3% compared with the same period last year - down from 300 to just 164.
No detached houses were sold during these months and only two semi-detached, probably due to concerns over Labour's proposed mansion tax.
The average price of terraced houses meanwhile dropped by 8.9% to £1,616.795 while flats fell by 9.3% to £703,451.
Agents however say this gloomy picture has changed completely since the decisive election result.
Peter Rollings, CEO of Marsh and Parsons says: " The post-election feel-good factor could well kick in immediately and 2015 may prove to be a reversed version of 2014 in starting slowly and finishing strongly.
"The top-end market will be breathing a huge sigh of relief that £2m+ properties won’t be penalised by a mansion tax, a levy that would have stifled activity in the capital and across the South East."
According to Land Registry figures London as a whole continued to see the highest price rises in the country in March rising by 11.3% to £462,799. This compares to a 5.3% increase for England and Wales which brought the average price up to £178,007. The peak was achieved in November 2007 when the average reached £181,049.
The number of properties sold in England and Wales for over £1 million decreased by 19 per cent to 851 from 1,049 a year earlier. Repossessions in England and Wales decreased by 45 per cent to 590 compared with 1,081 in January 2014
London was the region with the greatest fall in repossession sales with only 65 taking place in January 2015.
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 - February 2015 |
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|---|---|---|
| Deed Date | Address | Price (£) |
| 30/01/2015 | 39 Wandsworth Bridge Road, SW6 2TB | 676,000 |
| 30/01/2015 | 35 Foskett Road, SW6 3LY | 770,000 |
| 30/01/2015 | 19 Langthorne Street, SW6 6JT | 925,000 |
| 30/01/2015 | 19 Gowan Avenue, SW6 6RH | 1,250,000 |
| 30/01/2015 | 26 Kingwood Road, SW6 6SR | 1,450,000 |
| 30/01/2015 | 351 Fulham Palace Road, SW6 6TB | 1,000,000 |
| 29/01/2015 | Flat 53, Waldemar Avenue Mansions, Waldemar Avenue, SW6 5LX | 500,000 |
| 28/01/2015 | Flat A, 113 Farm Lane, SW6 1DW | 105,000 |
| 28/01/2015 | Flat 5, 35-36, Fulham Park Gardens, SW6 4JX | 461,000 |
| 27/01/2015 | Flat B, 117 Farm Lane, SW6 1DW | 105,000 |
| 26/01/2015 | Flat D, 113 Farm Lane, SW6 1DW | 140,000 |
| 26/01/2015 | 1 Molesford Road, SW6 4BU | 3,553,125 |
| 26/01/2015 | 13 Orbain Road, SW6 7JZ | 1,200,000 |
| 23/01/2015 | Flat 148, Octavia House, 213 Townmead Road, SW6 2FJ | 499,999 |
| 23/01/2015 | 65 Broughton Road, SW6 2LE | 1,650,000 |
| 23/01/2015 | 89, Rivermead Court, Ranelagh Gardens, SW6 3SA | 2,310,000 |
| 23/01/2015 | Flat 2, Kings Court Mansions, Fulham Road, SW6 5PB | 827,500 |
| 23/01/2015 | Flat 6, Kings Court Mansions, Fulham Road, SW6 5PB | 740,000 |
| 23/01/2015 | 1b Marryat Square, Wyfold Road, SW6 6UA | 460,000 |
| 19/01/2015 | 309 Fulham Palace Road, SW6 6TQ | 850,000 |
| 19/01/2015 | 137 Stevenage Road, SW6 6PB | 630,000 |
| 19/01/2015 | 18 Rosaline Road, SW6 7QT | 635,000 |
| 16/01/2015 | 20 Ashington Road, SW6 3QJ | 1,600,000 |
| 15/01/2015 | 21 Hamble Street, SW6 2RT | 740,000 |
| 15/01/2015 | 7a Anselm Road, SW6 1LH | 565,000 |
| 15/01/2015 | 1 Branksea Street, SW6 6TT | 1,000,000 |
| 13/01/2015 | Flat 12, Bishops Mansions, Bishops Park Road, SW6 6DZ | 754,000 |
| 12/01/2015 | 57 Walham Green Court, SW6 2DQ | 560,000 |
| 12/01/2015 | 38 Oakbury Road, SW6 2NW | 1,999,995 |
| 12/01/2015 | 19d Crookham Road, SW6 4EG | 525,000 |
| 12/01/2015 | 70 Clonmel Road, SW6 5BJ | 1,837,500 |
| 12/01/2015 | Flat 17, Arundel Mansions, Kelvedon Road, SW6 5BS | 475,000 |
| 09/01/2015 | 24 Cristowe Road, SW6 3QE | 2,400,000 |
| 09/01/2015 | 10, Rivermead Court, Ranelagh Gardens, SW6 3RT | 1,550,000 |
| 09/01/2015 | 12 Rigault Road, SW6 4JL | 1,662,500 |
| 09/01/2015 | Flat 7, Kings Court Mansions, Fulham Road, SW6 5PB | 800,200 |
| 08/01/2015 | 263 Fulham Palace Road, SW6 6TP | 685,000 |
| 07/01/2015 | 16 Knivet Road, SW6 1JH | 1,125,000 |
| 07/01/2015 | 27 Fulham Park Gardens, SW6 4JX | 1,900,000 |
| 06/01/2015 | Flat 135, Watermans Quay, William Morris Way, SW6 2UW | 735,000 |
| 06/01/2015 | 44a Lambrook Terrace, SW6 6TG | 882,000 |
| 05/01/2015 | Flat 12, Marina Point, Lensbury Avenue, SW6 2GX | 1,299,999 |
| 05/01/2015 | Flat 5, Mirabel House 117-121, Wandsworth Bridge Road, SW6 2TP | 365,000 |
| 05/01/2015 | 33 Bowerdean Street, SW6 3TN | 3,165,000 |
| 05/01/2015 | 43 Barclay Close, Cassidy Road, SW6 5QQ | 400,000 |
May 11, 2016
