House prices in SW15 1 (Putney)

This article reveals price per square foot data and various charts to help you understand current housing market in Putney, London (SW15 1).


Defining 'SW15 1'

This analysis is limited to properties whose postcode starts with "SW15 1", this is also called the postcode sector. It is shown in red on the map above. There are no official names for postcode sectors so I've just labelled it Putney.

You can click on the map labels to change to a neighbouring sector, or you can enter a different postcode sector (e.g. CM23 4) below.

FYI, a postcode sector is the full postcode without the last two letters.

Price per square foot

Knowing the average house price in Putney is not much use. However, knowing average price per square foot can be quite useful. Price per sqft allows some comparison between properties of different size. We define price per square foot as the sold price divided by the internal area of a property:

£ per sqft = price ÷ internal area
E.g. 5, Redgrave Road, Putney, London, sold for £1,200,000 on Mar-2024. Given the internal area of 1,463 square feet, the price per sqft is £819.

England & Wales have been officially metric for many decades. Convert this site to square meters.

The chart below is called a histogram, it helps you see the distribution of this house price per sqft data. To make this chart we put the sales data into a series of £ per sqft 'buckets' (e.g. £1,017-£1,068, £1,068-£1,119, £1,119-£1,170 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 186 sales in Putney (SW15 1) that took place in the last two years.

Distribution of £ per sqft for Putney, London
Distribution of £ per sqft house prices in Putney

You can see the spread of prices above. This is because although internal area is a key factor in determining valuation, it is not the only factor. Many factors other than size affect desirability; these factors could be condition, aspect, garden size, negotiating power of the vendor etc.

The spread of prices will give you a feel of the typical range to expect in Putney (SW15 1). Of the 186 transactions, half were sold for between £797 and £999 per square foot. The median, or 'middle', price per square foot in 'SW15 1' is £898. Notably, only 25% of properties that sold recently were valued at more than £999 sqft. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

Price map for Putney, London

Do have a look at the interactive price map I created. I find it useful and I am sure it will help you in exploring London. You can zoom in all the way to individual properties and then all the way back out to see the whole country. The colours show the current estimated property values.

Property price heatmap for Putney
House price heatmap for Putney, London

Comparison with neighbouring postcode sectors

The table below shows how 'SW15 1' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
SW15 6 Putney £631 sqft £730 sqft £854 sqft
SW15 3 Putney £537 sqft £638 sqft £741 sqft
SW15 4 Barnes £395 sqft £442 sqft £505 sqft
SW15 1 Putney £797 sqft £898 sqft £999 sqft
SW15 5 Barnes £575 sqft £707 sqft £797 sqft
SW15 2 East Putney £716 sqft £797 sqft £898 sqft

Will London house prices drop in 2024?

I cannot tell the future and don't believe anyone who says they can. I can however plot price trends - I have done this in the chart below for SW15 1 (Putney) compared with both the wider area SW15 and inflation (CPIH from the Office of National Statistics). The dashed trend lines in the chart show the average over time.

Historic price per square foot in Putney,London
House price trends for Putney

For the most recent sales activity, rather than a summarized average, it is better to see the underlying data. This is shown in the chart below, where blue dots represent individual sales, click on them to see details. If there is an obvious trend you should be able to spot it here amid the noise from outliers.

Most recent SW15 1 sales
Recent trends for Putney

Data from Land Registry comes in gradually over time. I update it every month but it takes about 5 months for the majority of sales for London to be recorded. Disclaimer: I do not verify and cannot guarantee the accuracy of any data shown. Outliers exist in the data, typically these are where the EPC registry records the internal area incorrectly, sometimes although very rarely the Land Registry price paid data can be wrong. The data provided throughout this website about London and any other area, is not financial advice. Any information provided does not and cannot ever take in to account the particular financial situation, objectives or property needs of either you or anyone reading this information.

Street level data

Street Avg size Avg £sqft Recent sales
Erpingham Road, Putney, SW15 1B 0 sqft £933 24
Hotham Road, Putney, SW15 1Q 0 sqft £858 20
Festing Road, Putney, SW15 1L 0 sqft £1,059 17
Felsham Road, Putney, SW15 1B 957 sqft £878 17
Lacy Road, Putney, SW15 1N 742 sqft £841 13
Ashlone Road, Putney, SW15 1L 0 sqft £1,070 13
Lower Richmond Road, Putney, SW15 1H 0 sqft £715 13
Lower Richmond Road, Putney, SW15 1E 936 sqft £747 11

Search for your street here.

Raw data

Our analysis of Putney is derived from what is essentially a big table of sold prices from Land Registry with added property size information. Below are three rows from this table to give you an idea.

Address Paid sqft £/sqft
5, Redgrave Rd, Putney, London £1,200,000
Mar-2024
1,463 819
39, Ashlone Rd, Putney, London £1,250,000
Feb-2024
1,216 1,027
39, Festing Rd, Putney, London £1,740,000
Jan-2024
1,657 1,049

See the entire list of all sales in Putney (SW15 1) here.

About

I created HouseMetric because I wanted to see this data and analysis myself, I also wanted to teach myself to build a website. Please give me feedback or spread the word about it. I'm constantly tinkering and adding more stuff to it.