South Wimbledon

Area Guide For South Wimbledon

South Wimbledon is a locality in the London Borough of Merton in South West London. For most of the past century, Wimbledon has been internationally known as the home of the Wimbledon Tennis Championships. As it was in the 16th and 17th centuries, Wimbledon's attraction remains its combination of convenient access to central London with the benefit of plentiful recreational facilities. Strong demand for homes, especially the larger properties in the Wimbledon Village and Wimbledon Park areas, has seen prices increase to amongst the highest in the outer London area.


South Wimbledon Map

Estimated Price: £670,921
Average Asking Price: £659,328
Price change in last one year: £66,913
Average Price Paid: £485,052
Average Rent Rates: £1,911


Property Prices Breakdown in South Wimbledon

Average Price for property in South Wimbledon is around £670,921 which varies based on type of property you are interested in and ranges from £1,125,720 for detached house to around £1,046,853 for semi-detached. Similarly terraced house is around £787,188 and a flat is worth £424,845. Values have been changing and have risen £1,052 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,912 in last 6 months, £66,913 in last 1 year, £124,626 in last 2 years, £167,219 in last 3 years, £185,191 in last 4 years and £186,820 in last 5 years.

Currently average asking price of a property in South Wimbledon is around £659,328 based on approximately 411 properties for sale. Same is the case with rental options based on 193 properties up for rent, average asking rent is around £1,911 per month.

Estimated property value in South Wimbledon is £670,921. Average asking price is £659,328 while average price paid is £602,982 which is up by £66,913 and Avg. asking rent £1,911.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in South Wimbledon area. In last 1 year alone average price buyer paid is around £602,982 based on approximately 411 sales in South Wimbledon area alone. If you compare it to last 3 years sales of 1,363 properties where buyers paid around £521,025. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £485,052 for 2,323 and average amount paid for purchase of approx. 3,163 properties sold in last 7 years comes to about £450,404 per sale.


Properties For Sale in South Wimbledon


Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 2 bedroom is around £620,600, £736,014 for a 3 bedroom house, £1,120,192 for a 4 bedroom house and £1,145,000 for a 5 bedroom house. For a flat similarly the prices varies from £313,970 for a single bedroom to £414,901 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £517,490 and £638,750 for a 4 bedroom flat. To sum up the asking prices for properties in South Wimbledon it comes to around average £313,970 for 1 bedroom property, £452,301 for 2 bedroom, £696,283 for 3 bedroom, £1,053,786 for 4 bedroom and £1,145,000 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £1,096 for 1 bedroom to £1,770 for 2 bedrooms, £2,333 for 3 bedrooms, £3,018 for 4 bedrooms and £4,348 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,379. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,674, £2,106 for 3 bedroom and £2,994 for 4 bedroom. You should be generally be expecting around average £1,372 rent per month for single bedroom property, £1,692 for 2 bedroom, £2,266 for 3 bedroom, £3,016 for 4 bedroom and approximately £4,348 for a 5 bedroom property in South Wimbledon area.

Popular Houses in South Wimbledon

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

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