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Description: Details of recent prices in the Wimbledon homes and property market for houses in the W4 area of London
The average price of a home in Wimbledon appears to be sustaining high levels according to the latest official figures.
The average price of a residential property sold in the SW19 post code area during the last three months of 2013 was £625,319. This was 6% down on the previous quarter but this period was boosted by the sale of Old Rectory House for £17,500,000. If you exclude this sale then prices rose slightly on this comparison.
There were 35 homes sold for over a million pounds during the quarter, the most expensive of which cost its new owners £3,720,000 on Murray Road.
The December data from Land Registry's House Price Index shows that London remains the best performing property market in England and Wales. The average price of a home in the capital rose by 11.2% over the year to £403,972.
For the country as a whole prices rose by 4.4% which takes the average property value in England and Wales to £167,353. Repossession volumes decreased by 28 per cent in July 2013 to 1,187 compared with 1,645 in July 2012.
The most up-to-date figures available show that during October 2013 the number of completed house sales in England & Wales increased by 21 per cent to 71,929 compared with 59,213 in October 2012. The number of properties sold in England and Wales for over £1 million in October 2013 increased by 40 per cent to 913 from 651 in October 2012.
The numbers below are subject to revision as is it usual that some properties are added late to the Land Registry's database.
WimbledonSW19.com is the only place that you will find detailed analysis of the Wimbledon property market.