Southfields House Prices Southfields House Prices

The average house price in Southfields is £817,500 using HM Land Registry data.

The average property price increased by £158,786 (21.5%) over the last 5 years and increased by £31,735 (3.67%) over the last 12 months.

Over the last year, there were 206 residential property sales – a decrease of 40 transactions (-19.42%) relative to the previous year. The majority of house sales (50) were in the £460,000 - £632,000 range. Then came properties in the £1,148,000 - £1,320,000 range, where 33 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 80 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-40,858 (-4%).

In April 2024, there were 21 new estate agency instructions, 19 agreed home sales and 11 property price reductions.

5-Year Average Property Prices in Southfields

21.5%

Property prices in Southfields increased by 21.5% 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 Southfields Over the Last Year

3.67%

Property prices in Southfields increased by 3.67% 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.

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).

Property Market Heat Gauge for Southfields - 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 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer 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 Southfields

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 Southfields

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 Southfields

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 Southfields since 1995

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

Recent Property Sales in Southfields

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
21 Astonville Street, London, Greater London, SW18 5AN£600,000£567,000-£33,00001 Jan 202415 Mar 202474 Days
30 Bodmin Street, London, Greater London, SW18 4PT£750,000£737,500-£12,50021 Dec 202301 Mar 202471 Days
186 Wimbledon Park Road, London, Greater London, SW18 5RL£1,000,000£1,000,000£0004 Oct 202323 Jan 2024111 Days
60 Clonmore Street, London, Greater London, SW18 5EY£1,200,000£1,160,000-£40,00005 Sep 202311 Dec 202397 Days
115 Lavenham Road, London, Greater London, SW18 5ER£1,400,000£1,375,000-£25,00004 Sep 202311 Dec 202398 Days
72 Longfield Street, London, Greater London, SW18 5RE£875,000£860,000-£15,00008 Jun 202324 Nov 2023169 Days
148 Strathville Road, London, Greater London, SW18 4RE£1,100,000£1,085,000-£15,00018 Sep 202323 Nov 202366 Days
85 Clonmore Street, London, Greater London, SW18 5HD£1,350,000£1,315,000-£35,00003 Jul 202322 Nov 2023142 Days
83 Trentham Street, London, Greater London, SW18 5DH£1,050,000£1,000,000-£50,00014 Aug 202313 Nov 202391 Days
Flat 72, Coleman Court, Kimber Road, London, Greater London, SW18 4PA£290,000£285,000-£5,00027 Jun 202308 Nov 2023134 Days
2 Langton Place, London, Greater London, SW18 5AZ£1,195,000£1,170,000-£25,00015 Jun 202323 Oct 2023130 Days
Ground Floor Flat, 109, Elborough Street, Southfields, London, Greater London, SW18 5DS£575,000£567,500-£7,50011 Sep 202320 Oct 202339 Days
192 Revelstoke Road, London, Greater London, SW18 5NW£1,200,000£1,165,000-£35,00005 Jul 202317 Oct 2023104 Days
52 Balvernie Grove, London, Greater London, SW18 5RU£650,000£625,000-£25,00021 Apr 202317 Oct 2023179 Days
127 Wimbledon Park Road, London, Greater London, SW18 5TU£1,250,000£1,235,000-£15,00002 Jun 202316 Oct 2023136 Days
Ground Floor Flat, 41, Heythorp Street, London, Greater London, SW18 5BS£550,000£532,500-£17,50024 Apr 202313 Oct 2023172 Days
81 Standen Road, London, Greater London, SW18 5TR£550,000£540,000-£10,00014 Apr 202310 Oct 2023179 Days
133 Ravensbury Road, London, Greater London, SW18 4RY£1,050,000£970,000-£80,00006 Apr 202304 Oct 2023181 Days
129 Elborough Street, Southfields, London, Greater London, SW18 5DS£1,100,000£1,087,500-£12,50027 Apr 202302 Oct 2023158 Days
117 Strathville Road, London, Greater London, SW18 4QW£1,150,000£1,135,000-£15,00007 Apr 202302 Oct 2023178 Days

Most Expensive Streets in Southfields

PostcodeStreetAreaAverageNo. of Sales
SW18 5BTHeythorp StreetLondon£1,325,0005
SW18 5HALavenham RoadLondon£1,309,0384
SW18 5UGWimbledon Park RoadLondon£1,278,8333
SW18 5DUEngadine StreetLondon£1,272,25010
SW18 5AWAstonville StreetLondon£1,225,6005
SW18 5NYElsenham StreetLondon£1,220,5004
SW18 5DPElborough StreetSouthfields£1,220,0004
SW18 5ARTrentham StreetLondon£1,219,5134
SW18 5DTEngadine StreetLondon£1,205,85017
SW18 5TUWimbledon Park RoadLondon£1,202,1005

Least Expensive Streets in Southfields

PostcodeStreetAreaAverageNo. of Sales
SW18 4PBColeman CourtKimber Road£261,4378
SW18 4PAColeman CourtKimber Road£276,6666
SW18 4XFBodmin StreetLondon£325,3333
SW18 4FAKnaresborough DriveLondon£347,6258
SW18 5TNBowman MewsLondon£365,68111
SW18 5RXCrowthorne CloseLondon£368,66612
SW18 5JZCumber HouseMerton Road£397,1663
SW18 4BQBuchanan HouseBrathway Road£399,1503
SW18 5JGMerton RoadLondon£405,0003
SW18 4QPDounesforth GardensLondon£405,8657

Explore Southfields and Neighbouring Area House Prices