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Nine Elms House Prices

The average house price in Nine Elms is £931,300 using HM Land Registry data.

The average property price increased by £60,934 (5.89%) over the last 5 years and increased by £12,178 (1.12%) over the last 12 months.

Over the last year, there were 105 residential property sales – a decrease of 260 transactions (-247.62%) relative to the previous year. The majority of house sales (28) were in the £654,000 - £948,000 range. Then came properties in the £948,000 - £1,242,000 range, where 26 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 127 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-44,861 (-3%).

In April 2024, there were 66 new estate agency instructions, 5 agreed home sales and 17 property price reductions.

5-Year Average Property Prices in Nine Elms

5.89%

Property prices in Nine Elms increased by 5.89% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in Nine Elms Over the Last Year

1.12%

Property prices in Nine Elms increased by 1.12% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

Property Market Heat Gauge for Nine Elms - April 2024

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in Nine Elms

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in Nine Elms

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in Nine Elms

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the Nine Elms since 1995

Using HM Land Registry data, this chart displays average annual house prices in the Nine Elms area since 1995.

Recent Property Sales in Nine Elms

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
Flat 5, Elm Quay Court, Nine Elms Lane, London, Greater London, SW8 5DE	£930,000	£870,000	-£60,000	08 Aug 2022	04 Apr 2023	239 Days
Flat 14, Elm Quay Court, Nine Elms Lane, London, Greater London, SW8 5DE	£945,000	£925,000	-£20,000	04 Jan 2019	29 Mar 2019	84 Days
Apartment 79, Faraday House, Aurora Gardens, London, Greater London, SW11 8EF	£775,000	£750,000	-£25,000	24 Aug 2017	26 Jun 2018	306 Days

Most Expensive Streets in Nine Elms

Postcode	Street	Area	Average	No. of Sales
SW11 8EJ	Circus Road West	London	£4,607,500	10
SW11 8AT	Boiler House Battersea Power Station	Circus Road South	£4,485,250	3
SW11 8ET	Circus Road West	London	£2,423,400	5
SW11 8BB	Switch House East Battersea Power Station	Circus Road East	£2,329,379	26
SW11 8EG	Circus Road West	London	£2,321,250	10
SW11 8BD	Switch House West Battersea Power Station	Circus Road West	£1,978,169	59
SW11 8BA	Switch House East Battersea Power Station	Circus Road East	£1,737,897	22
SW11 7AE	New Union Square	London	£1,561,250	4
SW11 4FW	Bowden House 9	Palmer Road	£1,536,979	6
SW11 8BF	Riverlight Quay	London	£1,375,000	4

Least Expensive Streets in Nine Elms

Postcode	Street	Area	Average	No. of Sales
SW11 8EB	Riverlight Quay	London	£169,416	21
SW11 8EA	Riverlight Quay	London	£180,750	12
SW11 7AS	New Mill Road	London	£254,666	30
SW11 7BE	Ace Way	London	£315,416	3
SW11 7BY	Malthouse Road	London	£714,171	53
SW11 8AA	Riverlight Quay	London	£719,000	5
SW11 7BZ	Ponton Road	London	£739,677	9
SW11 7AA	Ponton Road	London	£750,985	84
SW11 7AH	Charles Clowes Walk	London	£751,110	6
SW11 8DU	Riverlight Quay	London	£755,528	4

Nine Elms House Prices

5-Year Average Property Prices in Nine Elms

Average Property Prices in Nine Elms Over the Last Year

Property Market Heat Gauge for Nine Elms - April 2024

No. of New Instructions Over the Last 12 Months in Nine Elms

No. of Agreed Home Sales Over the Last 12 Months in Nine Elms

No. of Properties with Price Reductions in Nine Elms

Average Annual House Prices in the Nine Elms since 1995

Recent Property Sales in Nine Elms

Most Expensive Streets in Nine Elms

Least Expensive Streets in Nine Elms

Explore Nine Elms and Neighbouring Area House Prices

We Are Regulated:

Nine Elms House Prices <img decoding="async" src="https://www.propertysolvers.co.uk/wp-content/themes/property-solvers/app/assets/hp-images/icons/House Prices in Nine Elms.svg" alt="Nine Elms House Prices " title="Nine Elms House Prices ">

5-Year Average Property Prices in Nine Elms

Average Property Prices in Nine Elms Over the Last Year

Property Market Heat Gauge for Nine Elms - April 2024

No. of New Instructions Over the Last 12 Months in Nine Elms

No. of Agreed Home Sales Over the Last 12 Months in Nine Elms

No. of Properties with Price Reductions in Nine Elms

Average Annual House Prices in the Nine Elms since 1995

Recent Property Sales in Nine Elms

Most Expensive Streets in Nine Elms

Least Expensive Streets in Nine Elms

Explore Nine Elms and Neighbouring Area House Prices

We Are Regulated:

Nine Elms House Prices