House prices in SW18 2 (Wandsworth Town)

This article reveals price per square metre data and various charts to help you understand current housing market in Wandsworth Town, London (SW18 2).


Defining 'SW18 2'

This analysis is limited to properties whose postcode starts with "SW18 2", 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 Wandsworth Town.

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 metre

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

£ per sqm = price ÷ internal area
E.g. 3, Cicada Road, Wandsworth Town, London, sold for £1,550,000 on Feb-2024. Given the internal area of 160 square metres, the price per sqm is £9,687.

England & Wales have been officially metric since 1965. However house price per square foot is prefered by some estate agents and those of sufficiently advanced age ;-) They may want to convert square meters on this page to square feet.

The chart below is called a histogram, it helps you see the distribution of this house price per sqm data. To make this chart we put the sales data into a series of £ per sqm 'buckets' (e.g. £8,050-£8,500, £8,500-£8,950, £8,950-£9,400 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 234 sales in Wandsworth Town (SW18 2) that took place in the last two years.

Distribution of £ per sqm for Wandsworth Town, London
Distribution of £ per sqm house prices in Wandsworth Town

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 Wandsworth Town (SW18 2). Of the 234 transactions, half were sold for between £7,390 and £9,410 per square metre. The median, or 'middle', price per square metre in 'SW18 2' is £8,340. Notably, only 25% of properties that sold recently were valued at more than £9,410 sqm. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

Price map for Wandsworth Town, 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 Wandsworth Town
House price heatmap for Wandsworth Town, London

Comparison with neighbouring postcode sectors

The table below shows how 'SW18 2' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
SW18 1 Wandsworth Town £7,250 sqm £8,330 sqm £9,730 sqm
SW18 2 Wandsworth Town £7,390 sqm £8,340 sqm £9,410 sqm
SW18 3 Earlsfield £7,410 sqm £8,550 sqm £9,610 sqm
SW18 4 Earlsfield £7,450 sqm £8,350 sqm £9,050 sqm
SW18 5 Southfields £7,820 sqm £9,000 sqm £9,750 sqm

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 SW18 2 (Wandsworth Town) compared with both the wider area SW18 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 metre in Wandsworth Town,London
House price trends for Wandsworth Town

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 SW18 2 sales
Recent trends for Wandsworth Town

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 £sqm Recent sales
Aslett Street, Wandsworth Town, SW18 2B 84 sqm £8,113 30
East Hill, Wandsworth Town, SW18 2H 64 sqm £7,857 28
Treport Street, Wandsworth Town, SW18 2B 55 sqm £9,020 24
St Ann'S Hill, Wandsworth Town, SW18 2R 102 sqm £7,948 23
Melody Road, Wandsworth Town, SW18 2Q 154 sqm £7,736 19
Allfarthing Lane, Wandsworth Town, SW18 2A 78 sqm £8,006 17
Borrodaile Road, Wandsworth Town, SW18 2L 66 sqm £5,847 16
Denton Street, Wandsworth Town, SW18 2J 52 sqm £9,674 15

Search for your street here.

Raw data

Our analysis of Wandsworth Town 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 sqm £/sqm
3, Cicada Rd, Wandsworth Town, London £1,550,000
Feb-2024
160 9,687
98, St Ann's Hill, Wandsworth Town, London £1,016,000
Jan-2024
88 11,545
3, Aslett St, Wandsworth Town, London £1,010,000
Jan-2024
96 10,520

See the entire list of all sales in Wandsworth Town (SW18 2) 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.