The Three Little Pigs

Fulham

496 posts in this topic

Nationwide Second Quarter Report for H&F

Average price £472,939

Annualised rate last quarter 19%

Annualised rate this quarter 21%

Bull Food - the figures above

Bear Food - the CW radio broadcast -see post above

Food for Thought - Different indices measure house prices at different times along the sales process and in different ways. Nationwide is more backward looking than Rightmove.

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Rightmove Survey August 07 Asking prices

July 07 £641,440

August 07 £624,013

Monthly Movement Minus 2.7%

Bear Food - Down 2.7% in a month, lap it up

Bull Food - Only giving up silly seasonal gains... it's only asking prices.... not a trend yet...my job in the City is safe...

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Rightmove Survey August 07 Asking prices

July 07 £641,440

August 07 £624,013

Monthly Movement Minus 2.7%

Bear Food - Down 2.7% in a month, lap it up

Bull Food - Only giving up silly seasonal gains... it's only asking prices.... not a trend yet...my job in the City is safe...

a '-' ? In Fulham?!? I don't believe it!!!

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CW Radio's property podcast is essential listening for anyone interested in the Fulham market. The SW6 market is discussed in detail, both specifically and as a proxy for the wider market. If you are buying, selling or renting in Fulham you need this information.

I am not going to key in the points made - a lot of work must have gone into the the programme. The makers deserve every download they get. Follow the link: http://commoditywatch.podbean.com/

Thank you for this.

very well said.

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Rightmove Survey September 07 Asking Prices

August 07 - £624,013

September 07 - £609,009

Monthly Movement - Minus 2.4%

Bear Food - Down 2.7% last month, down 2.4% this month.

Bull Food - Annualised is still running at positive 20.3%

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Well I've just seen this thread and I've recently completed some work at this place

http://www.pembridgegroup.co.uk/Current-Projects.php

here's one of the -many- bathrooms..

dsc00019cj4.th.jpg

The guide price was 3.5m and a selling party for specially invited guests (inc one Chelsea player I understand) on the 13th Sept was skewed off course by a bonus babe lumping down 3.7m on the preceding Saturday.Still went ahead as a J.I.C

Speaking to the developers (the owners of P.G- two really nice guy's ;-) about the market and they said that Fulham top end (of which they are at the pinnacle) is very buoyant and they wished they had more and more properties...

Cheers

Richard

Edited by r.bartlett

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"Areas such as Wandsworth,Putney and Fulham which are popular with bankers, appear most exposed as a result of expected job cuts and lower bonuses in the City"

Weekend FT 6/7 October

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RICS September Survey

Survey comment on the London market - "House price growth halved falling below the surveys long run average rate…New buyer enquiries declined for the ninth consecutive month… new instructions picked up sharply…. Surveyor confidence in the price outlook turned negative"

Mr Tim Le Blanc Smith on the Fulham market (this within the same report)- “There has been a marked increase in new enquiries since the middle of September and we are expecting these to convert into agreed sales during the course of October. However the buyers have very few properties to choose from so I am expecting prices to stay the same or rise over the next few weeks.”

We all have our own reality.

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Rightmove Survey October 07 Asking Prices

September 07 - £609,009

October 07 - £662,448

Monthly Movement - Plus 8.8%

Bull Food - Annualised is now running at positive 32.4%. London's best performing borough this month.

Bear Food - it's only asking prices.... not a trend yet...my job in the City is not safe...

Food for thought (1)- The Rightmove survey measures asking prices on its website. These are not the prices at which deals are done. Yesterday's Sunday Times published Knight Frank research showing ratio of asking to achieved prices in London down from 104.7% at June peak to 97.3% in October.

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Rightmove Survey November 07 Asking Prices

October 07 - £662,448

November 07 - £699.743

Monthly Movement - Plus 5.6%

Bull Food - Continues October's gravity defying rise

Bear Food - It's only asking prices... Do Fulham vendors not read the papers.. the world changed on August 9th.

Food for thought (1)- Will asking prices this bullish really turn into sales in the present environment?

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Rightmove Survey November 07 Asking Prices

October 07 - £662,448

November 07 - £699.743

Monthly Movement - Plus 5.6%

Bull Food - Continues October's gravity defying rise

Bear Food - It's only asking prices... Do Fulham vendors not read the papers.. the world changed on August 9th.

Food for thought (1)- Will asking prices this bullish really turn into sales in the present environment?

Until people get fired Fulham people will hold their houses & raise their prices. If the get fired which is certainly likely all bets are off

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Just a quick note to say thanks for putting your time into this thread 3 little pigs, and in particular for bringing www.londonpropertywatch.co.uk to my attention

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Land Registry Report October 07 Goes Negative MoM for H&F

It' a rear view mirror of a report but it's the most accurate:

Average Price October 07- £496,475

Average Price September 07 - £498,395

Monthly movement - Minus 0.4%

Monthly loss for average property - £1920

Daily loss for average property - £61.94

Bear Food - Figures above...unarguable, this is the Land Registry not asking prices or Haliwide

Bull Food - Isn't the Land Registry also showing annualised still running at positive 23.4% for H&F?

Food for thought - looking at the figures by property type the loss seems across the board and not specific to one type of property

Food for thought (2) - This report is based on sales completing in October 07. Comparing the londonpropertywatch figures for 12-16 weeks ago, when the properties were on the market, and today: there are 20% more 2 beds on the market today, there are 10% more 4bed+ properties on the market, there are about the same number of 1 and 3 bed homes on the market.

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Our old friend Mr Le Blanc Smith of Jphn D Wood is not so happy this month. Here is his comment on the Fulham market from today’s Rics report:

“Undoubtedly the market has slowed down considerably, largely due to the huge amount of irresponsible press scaremongering which is therefore self-fulfilling. One can only hope that the journalists start putting a positive spin on the matter. Most of our registered applicants are choosing to wait until the New Year, I suppose in the hope that there will be more choice. In the end the sheer lack of instructions must mean prices are sustainable in Central London.”

The only man in Britain asking for more spin.

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Rightmove December 07 Asking Prices

November 07 - £699.743

December 07 £672,121

Monthly Movement - Minus 3.9%

Bear Food - Figure says it all

Bull Food - Rightmove had H&F up 5.6% in October 07 and 8.8% in November 07. Giving up 3.9% at this time of year means nothing. According to the survey the average H&F property in September 07 was £609,009 and it ends the year at £672,121. Not a bad quarterly performance. Annualised is still running at 22.8%.

Food for thought (1)- How Rightmove came up with the October and November figures is shrouded in their methodology. I didn't see any comparable movement in London property watch figures. Best to treat their Oct and November results with care - one would expect future Land Reg figures to show no such rise.

Food for thought (2) - It may be that vendors were taking a bearish view on the market during October and November but a bullish view of their property and this reflected in the earlier surveys.

Food for thought (3) - Supply is fairly static according to Londonpropertywatch - expect supply to jump in the New Year

Food for thought (4) - This month Rightmove recorded steeper falls in asking prices in neighbouring boroughs: K&C down 4.9%, Wandsworth down 7.4%, Ealing down 6.2%. H&F will not always be the one to suffer least.

Edited by The Three Little Pigs

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Halifax Winter 07 Regional Report

"The London housing market slowed at the end of 2007. After an 11% rise in prices in the first three quarters of the year, house prices in the capital slipped by 6.3% in the last quarter of 2007. The decline in London is consistent with figures from RICS, which reported a second successive monthly fall in prices in the capital in December.

"Price falls in Quarter 4 were concentrated in boroughs popular with City workers, reflecting a downturn in sentiment on the back of financial market difficulties and speculation of much lower bonuses and possible job cuts"

S

Edited by The Three Little Pigs

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Land Reg Sales Volumes for H&F hit low ( sales volumes are reported months later - these the latest available)

Sept 00-275

Sept 01- 266

Sept 02-328

Sept 03-311

Sept 04-262

Sept 05 - 289

Sept 06-302

Sept 07 - 256

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Most working days I commute by car from Parsons Green to Canary Wharf - and its getting quicker and easier every week!

Prime location have rents down as companies cut back - it's just a pinch but credit crunch/IB effects are beginning to be recorded.

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Quite. Most Fulhamites' children are at boarding school for most of the year while Mummy and Daddy work in the City, and then the whole family unites for a summer holiday in their place in the South of France.

Too true, lived in Fulham for 27 years, most original Fulhamites now emigrated down the A3, New Malden, Tolworth, Chessington e.t.c.. We should be the legitimate drivers of 4x4`s. Fulham pubs turned into wine bars and the cobblers turned into a Hackett. Even back in the dark days of the 70`s and early 80`s people presumed we had money because we lived in SW6!! :blink:

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most original Fulhamites now emigrated down the A3, New Malden, Tolworth, Chessington

I think you mean Kingston, Thames Ditton, Esher etc.

Only a loyal local would choose to live in Chessington :lol:

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I think you mean Kingston, Thames Ditton, Esher etc.

Only a loyal local would choose to live in Chessington :lol:

Sob Sob, We like to call it Hook!! We have a Woolworths don`t you know

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