“First-time buyers in our market are… - Knight Frank

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WANDSWORTH AND CLAPHAM market overview The level of activity in Wandsworth and Clapham has been very positive so far this year. We are selling properties at prices in keeping with the record levels established by Knight Frank at the peak of the market in 2007 and even above in some cases. Super-prime properties have commanded over £1,000 per sq ft. The area has proven to be most resilient, underpinned by some solid fundamental draws including the wide open spaces of “The biggest new trend in our market is… …people avoiding a ‘double move’ by thinking ahead and buying a house they are not going to outgrow too quickly. Wandsworth and clapham BY NUMBERS * On average we have achieved 97.4% of the guide price on sales in the past 12 months We have 300 potential buyers on our books looking to spend a collective total of £663.3m Knight Frank Wandsworth’s online property † listings are viewed 363 times a day through our award-winning website KnightFrank.co.uk/ Wandsworth We hold the record for the highest amount paid per sq ft in the area, at £1,116 per sq ft *figures relate to the 12 months to March 2011 unless otherwise stated † for sale 28 LOCAL VIEW Age of our buyers 30s 50% 40s 38% 50s 5% 60s 7% “First-time buyers in our market are… …cautious, as you might expect. But central London property will continue to be an excellent mid- to long-term investment. ” Wandsworth, Clapham and Tooting Commons, the excellent state and private schools, amenities for young families, a host of sports clubs and fantastic transport links. While the area continues to flourish as a whole, streets and locations that remain top choices for our local, national and international buyers include: the Toast Rack, Clapham Old Town, Heaver Estate, Nightingale Triangle, between the Commons, Abbeville Village, The Wandles, Westover Road, Magdalen Estate, Bellevue Village, Elsynge Road, Spencer Road and Spencer Park. ” Our Team in action We were instructed to sell a five–bedroom family house on Nightingale Triangle and very quickly identified some suitable buyers who were already registered with us. The buyers were looking to upsize in the area, and this was a relatively complicated scenario as there were four houses in this particular chain, and our experienced negotiators played an important role in coordinating the different completion dates. The outcome was a good one for all involved - the client achieved a record sale for the street following a competitive bidding situation and the buyer secured a great family house that will no doubt produce a premium when they come to sell. “ The most exciting emerging hotspots in our area are… …Lyford Road SW18 and the Magdalen Estate. ” Often overlooked in the past, these areas now boast record sales. Sales by price band Office Head – Sales Luke Pender-Cudlip £500k to £750k 7% £750k to £1m 18% £1m to £1.5m 31% £1.5m to £3m 37% £3m+ 7% “ Our typical buyers are… …families requiring five-bedroom houses. Predominantly British but also French, Italian, American, South African and Australian. ”
020 8682 7777 wandsworth@knightfrank.com gorst road wandsworth sw11 Handsome detached house WANDSWORTH AND CLAPHAM The house offers well balanced family accommodation and generous living space located in the popular Gorst Road/Dents Road ‘horseshoe’. 6 bedrooms 4 bathrooms (2 en suite) 2 reception rooms Kitchen/dining room Downstairs cloakroom Cellar South facing garden Approximately 314 sq ft (3,380 sq ft) Freehold Guide price: £2,350,000 LOCAL VIEW 29
Page 1 and 2: Local View Property for sale and to
Page 3 and 4: Welcome Welcome to the 2011 edition
Page 5 and 6: Rental market recovery Firm evidenc
Page 7 and 8: 020 8939 2800 richmond@knightfrank.
Page 13 and 14: SOLD Lorne Road Richmond TW10 Guide
Page 15 and 16: 020 8946 0026 wimbledon@knightfrank
Page 21 and 22: SOLD Kingston Hill Place Guide pric
Page 27: let Kenwyn Road Raynes Park SW20 Gu
Page 31 and 32: 020 8682 7777 wandsworth@knightfran
Page 33 and 34: SOLD Loxley RoaD Wandsworth SW18 Gu
Page 35 and 36: 020 7861 5499 resdev@knightfrank.co
Page 37 and 38: 020 7751 2400 fulham@knightfrank.co
Page 39 and 40: let Brompton Park Crescent Fulham S
Page 41 and 42: 020 7751 2410 fulhamlettings@knight
Page 43 and 44: New York, USA Eze, South of France
Page 45 and 46: 01344 299 399 ascotlettings@knightf
Page 47 and 48: 01372 464 009 esherlettings@knightf
Page 49 and 50: COUntry sales
Page 51 and 52: 01962 850 333 winchester@knightfran
Page 53 and 54: 01488 682 726 hungerford@knightfran
Page 55 and 56: Knight Frank office directory londo

“First-time buyers in our market are… - Knight Frank

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