• About us
  • Properties
  • Agents
  • Blog
  • Other Services
Request a callback

  • About us
  • Properties
  • Agents
  • Blog
  • Other Services

  • About us
  • Properties
  • Agents
  • Blog
  • Other Services

The Clapham and Battersea Property Market

  • Home
  • Propertalis Property Blog
  • Uncategorized
  • The Clapham and Battersea Property Market
property in fulham
Where next for the Fulham property market?
December 30, 2020
Property price trends, houses in Kensington & Chelsea
Property Price Trends in Kensington & Chelsea
January 21, 2021
Published by Gabriela Bednarova
Categories
  • Uncategorized
Tags
    unique house in Clapham, London with huge windows looking into the garden.

    Sales of property in the UK housing market enjoyed a remarkable mini-boom from the middle of the year, after the issues associated with suspension of real estate activities toward the end of the first quarter 2020.

    The UK Government has been doing its part to help the sales market by granting temporary relief on stamp duty payments until March 31st, 2020, and there remains the prospect of this date being extended. Homeowners are also being given a breathing space whilst difficult times persist in the real estate market and the threat of unemployment or reduced salaries is on the horizon, and many lenders are granting “mortgage repayment holidays”.

    Having said this, property prices in certain inner-city boroughs in London are quite mixed with no obvious consistency in direction. In fact, the prices of real estate in a number of boroughs in the centre of the capital have, over the last five years, dropped slightly notwithstanding the mini-boom in 2020.

    In any event, let’s look a little more closely at real estate in the Clapham and Battersea areas:

    Primely located neighborhoods

    Clapham and Battersea are often linked together and considered as one market, even though the areas are quite distinct. Immediately south of the River Thames, Battersea has extensive river frontage and is served by the Battersea, Chelsea and Albert Road bridges, as well as the Grosvenor Rail Bridge.

    Clapham, being immediately adjacent to Battersea, obviously also benefits from such good access.

    Battersea Park walk. Clapham & Battersea Property MarketHousing stock & lifestyle

    There is a wide range of real estate available in Battersea and Clapham, from modern, waterfront developments started in the 1980s, to Victorian and Edwardian houses, period conversions and villas. Such variety makes the area very popular with families and young professionals seeking easy access to the City and the wealth of green space provided by parks such as Battersea Park and Clapham Common.

    Supply & Demand

    Overall, demand for property in Clapham and Battersea is predominantly from owner occupiers. Real estate agents in the area report that most of the decisions to buy are driven by buyers needing to press ahead with purchase decisions for family or work-related reasons.

    The Clapham and Battersea areas have become fashionable for young professionals who account for the bulk of the lower to mid-end of the market demand. The core market ranges from £400,000 up to £1.25m with first time buyers prominent even at the upper levels. There is also strong demand for large houses in the £1.25m-£2.25m price range.

    Families looking to upsize within the area are, typically, influenced by the proximity to local schools, plus easy access to the surface rail and tube stations. Although there is strong competition from new build developments, period conversions are generally preferred as they offer more character and are typically more affordable. However, there is also strong tenant demand for rented accommodation in the areas with two-bedroom apartments being particularly popular in sought-after locations around Battersea Park and between the Commons.

    Demand for property is mainly from British people, comprising almost 60% in some wards, although there is a high percentage of EU passport holders living in these two areas.

    beautiful home in London. Clapham & Battersea Property Market

    Average prices and outlook

    Properties in Clapham showed an overall average price of £851,594 over the last year. According to Rightmove, the majority of sales in Clapham were flats, selling for an average price of £562,213, whilst terraced properties averaged £1,303,273, and semi-detached homes £1,401,852. 

    Overall, achieved prices in Clapham were 8% higher than the previous year and some 7% up on the 2017 peak of £793,664. Battersea house prices over 12 months were slightly higher at £926,931, flats being the majority of sales selling for an average of £782,672, terraces at £1,272,856, with semi-detached properties approximately £1,452,843.

    Prices in Battersea over the last year were up 6% up, but 3% down on the 2017 peak of £954,416. In any event, for any owner contemplating selling, letting or just wishing to have an up-to-date assessment of the value of their property it’s easy to obtain an instant online valuation from Propertalis to help you with your decision making. The prognosis for the Clapham and Battersea property markets remains positive as the areas offer accessible, green inner city living, and, even with the difficulties in 2020, prices are still at or about the previous 2017 peaks.

    Indeed, established, popular boroughs such as Clapham and Battersea, a few rail stops from the city and with vibrant living communities, should be well positioned to benefit from future improvements in values.

    Share
    0

    Related posts

    Fulham and Chelsea houses
    May 30, 2022

    Should I buy a big house in Fulham or a flat in Chelsea?


    Read more
    Property price trends, houses in Kensington & Chelsea
    January 21, 2021

    Property Price Trends in Kensington & Chelsea


    Read more
    property in fulham
    December 30, 2020

    Where next for the Fulham property market?


    Read more

    Leave a Reply Cancel reply

    Your email address will not be published. Required fields are marked *

    Propertalis

    A London real estate agency made by people and powered by tech.

    We match you with a personal estate expert, individually invested in your property and willing to go the extra mile to get you the best deals.

    Quick Links

    • → Cookie Policy
    • → Privacy Policy
    • → Blog
    • → Terms of Use
    • → Subscribe

    Contact

     7 Wilbraham Place, SW1X 9AE, London

     +44 7541 493308

     hello@propertalis.com

    Social

               
    © 2020 Propertalis. All Rights Reserved.
        We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
        Cookie settingsACCEPT
        Privacy & Cookies Policy

        Privacy Overview

        This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
        Necessary
        Always Enabled

        Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.

        Non-necessary

        Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.

        Thank you for your message.

        We received your request and our team will be in touch soon.

        Thank you, Propertalis.

        Free valuation from a Local Property Expert

          *mandatory field

          I am thinking to
          Sell
          Let
          Just curious

          Contact us for more information

          If you would like to discuss our services or would like any further information please fill in the form below and I will be in touch.

          Alternatively, you can call us or send a message on +44 7541 493308

            *mandatory field

            Book Viewing

              *mandatory field

              Contact us for a free consultation

              If you would like to discuss our services or would like any further information please fill in the form below and I will be in touch.

              Alternatively, you can call us or send a message on +44 7541 493308

                *mandatory field

                Contact us for a free consultation

                If you would like to discuss our services or would like any further information please fill in the form below and I will be in touch.

                Alternatively, you can call us or send a message on +44 7541 493308

                  *mandatory field

                  Request a Callback

                  We want to help since day one.
                  Receive free expert advice to sell, let or manage your property in the best possible way.

                    *mandatory field

                    Get a free advice from Edmond

                      *mandatory field

                      I need help with
                      The value of my propertyManaging my property
                      Finding a good tenantFinding a buyer

                      Get free advice from Adi

                        *mandatory field

                        I need help with
                        The value of my propertyManaging my property
                        Finding a good tenantFinding a buyer

                        Get free advice from Georgie

                          *mandatory field

                          I need help with
                          The value of my propertyManaging my property
                          Finding a good tenantFinding a buyer

                          Book a valuation

                          Receive transparent advice about your property with an ambitious yet achievable valuation.

                            *mandatory field