House prices in Wandsworth have soared by an average of over £17,000 in the month of August, according to figures from the Land Registry.
Wandsworth is one of the most expensive areas to buy a property in the entirety of the UK.
The latest data from the government department reveals that in August 2022 average house prices in Wandsworth reached £656,762.
This was up from £638,908 in July, representing over a 2.8 per cent increase. In the last 12 months it has risen by 5.9 per cent.
If you are interested in buying or renting a home, you can see the latest properties in and around Wandsworth here.
How much have house prices increased in Wandsworth?
Breaking it down for specific types of housing, all prices saw an increase.
- Detached houses - Up to £1,965,497 from £1,937,494 in July
- Semi-detached houses - Up to £1,340,805 from £1,311,865 in July
- Terraced houses - Up to £940,670 from £913,659 in July
- Flats - Up to £547,108 from £532,268 in July
How do Wandsworth house prices compare to the UK average?
Even when comparing Wandsworth to the picture across the UK, the area is far above the UK average with a typical property value in the nations reaching £295,903 in August.
In cash terms, the average house price in August was £35,473 higher than a year earlier with house price growth accelerating to 13.6 per cent in August 2022. Prices were up by 0.9 per cent month on month.
How much could your house be worth?
We have created this map for the London so you can see the average house price in each neighbourhood since 1995.
Sites like Zoopla can offer an estimate valuation of your house if you input your postcode into their website here.
The above map can demonstrate which areas of Wandsworth are the most expensive for average house prices.
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