Overview of Wandsworth House Prices in 2021
The new year is upon us and time to reflect on how the property market in Wandsworth has gone over the year. The overall average house price in 2021 for the London Borough of Wandsworth recorded by Land Registry is £814,658. The table below shows all the property types based on their respective average prices and volume of sales.
When we just look at SW18 namely Wandsworth, Earlsfields and parts of Southfields in 2021 the overall average house price recorded by Land Registry is £781,850. Table below indicates the 5 Post Code sectors within the SW18 district along with all the property types based on their respective average prices and volume of sales.
Other Parts of Wandsworth Borough which include the main post codes and their average house prices over the last year are as follows:
SW11 Battersea £890,754
SW12 Balham £886,259
SW13 Barnes £1,495,500
SW14 Mortlake £1,204,846
SW15 Putney £890,640
SW16 Streatham £575,346
SW17 Tooting £704,878
SW19 Wimbledon £937,594
SW4 Clapham £856,464
SW8 Nine Elms £677,644
New research has found that the borough of Wandsworth sits top as London’s prime property hotspot over the last year, accounting for the highest level of £1m + property market transactions.
Sold price data was analysed across the London market in 2021 looking at the number of transactions to have taken place for £1m or more, breaking the market down by borough to see which areas were driving this high end market activity. The data shows that 6,312 property transactions have taken place over the last year for £1m or more across the London market. The London borough of Wandsworth accounts for the highest percentage of these high end transactions at 11%, with Kensington and Chelsea 9% and Richmond 8% also home to a high proportion.
The core market (£1m to £3m)
This prime property dominance by the borough of Wandsworth has been largely focussed across the core market, with the borough again accounting for 11% of all transactions completing between £1m and £3m in 2021. However, this time it’s Richmond that ranks second accounting for 9% of all transactions at this price threshold, followed by Kensington and Chelsea 7%. Here's the table of the top three London boroughs for the largest proportion of market transactions at £1m +
Table of the top three London boroughs for the largest proportion of market transactions between £1m - £3m.
We are ready for a productive year and all our vendors who will be marketing their property through us will be assured of a quality service founded on building strong foundations and relationships which is our company motto. No doubt the Wandsworth property market is in decent shape even though the stamp duty holiday ended on the 30th of June 2021. This is evidenced by the borough topping the charts in total transactions above the £1m + mark and property transaction range between £1m - £3m. Start 2022 the right way by finding out the value of your property in today’s market, we will be pleased to provide you with our professional opinion. The service is completely free and without obligation you can book an appointment by clicking the link below and completing your details online.
Contains HM Land Registry data © Crown copyright and database right 2022. This data is licensed under the Open Government Licence v3.0.
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