House prices in Wandsworth have gone down by an average of over £3,000 in the month of June, according to figures from the Land Registry.
Wandsworth is one of the most expensive area to buy a property in the UK despite this month's dip in prices.
The latest data from the government department reveals that in June 2022 average house prices in Wandsworth reached £638,840.
This was down from £642,021 in May, representing a 0.5 per cent decrease. In the last 12 months it has risen by 8.3 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 decreased in Wandsworth?
Breaking it down for specific types of housing, all prices saw a decrease.
- Detached houses - Down to £1,952,585 from £2,002,922 in May
- Semi-detached houses - Down to £1,314,362 from £1,328,961 in May
- Terraced houses - Down to £916,559 from £920,147 in May
- Flats - Down to £531,326 from £533,750 in May
How do Wandsworth house prices compare to the UK average?
Despite the fall in prices this month, Wandsworth is still far above the UK average with a typical property value in the nations reaching £286,397 in June.
In cash terms, the average house price in June was £20,721 higher than a year earlier with house price growth accelerating to 7.8 per cent in June 2022. Prices were up by 1.0 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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