The Putney property market has its own local trends, but it is largely at the mercy of national swings in the economy and the housing market. The 2008 crash, Brexit and the COVID-19 pandemic have all left their mark.
For many years, prices were stuck in limbo as buyers waited on the sidelines for certainty to prevail in the wider economy. Sellers were hesitant to budge, hopeful that a return of confidence was on the horizon.
But beneath these external factors, the Putney property market’s exceptional qualities shine through. With a wide range of attractive properties to consider, both old and new, Putney is renowned for being a district with great character, fantastic amenities and easy access to Central London.
All this is reflected in the average property prices. The average house in SW15 was worth £640,247 in early 2021, compared to the price of the average home in the UK, which stood at £249,633 in late 2020.
Clearly the area has a lot going for it, with homes becoming such a premium, so it’s no secret that luxury apartments in Putney and high-quality family housing are in high demand.