South West London
Residential market update
For more property insight and professional advice on your home and the local market, your local Carter Jonas team are here to support you. Contact us or pop in to your local office to chat to the team.
020 7529 1538
Leslie Schroeder
Head of Residential Research
Email
020 7581 3281
Email
Charlie Streatfeild
Associate Partner, Sales, Southfields
020 8767 7711
Email
Fiona Bourke
Partner, Head of Lettings, Southfields & Wandsworth
The current average property price across South West London is £691,000, reflecting a slight fall of around 2% over the last year. However, this area encompasses a wide range of properties differing in available stock type, location, proximity to public transport, size, etc., which results in a broad array of price points.
AUTUMN 2025
Residential market activity is slowly beginning to bounce back toward normal levels following the April 1st stamp duty changes. However, two factors: general economic uncertainty and global geopolitical concerns, are slightly dampening the market and restraining growth. The primary constraint is stretched affordability, as wage growth has lagged behind house price increases over the last 5-10 years. Nevertheless, buyer demand remains resilient. Given the expectation of at least one more interest rate cut in the next 6-12 months, we forecast consistent sales and price growth at a more sustainable rate of 1.5-2.5% in 2026.
The average property price in South West London is 23% more than across Greater London (£561,587) and more than 1.5 times the national average of £269,735. However, the more affordable locations across the capital and the country have experienced slightly more price growth over the last year.
Affordability has been a major influence on levels of buyer demand over the last few years and this is expected to continue in the near-term.
In the private rented sector, average rents in South West London are £2,704 per calendar month, a rise of around 2.4% over the last year. Strong tenant demand and a shortage of available rental units will keep upward pressure on rents over at least the next 6-12 months.
Average property price
SOUTH WEST LONDON:
GREATER LONDON:
£691,000
£561,587
Key indicators
SALES
LETTINGS
2%
23%
2.4%
Data dashboard
SALES market
rental market
Average sales
price
12 months ago
curreNT
£705,087
£691,000
4,342
4,470
Properties available monthly
605
406
Properties sold
monthly
1.63%
1.24%
Average discount on initial asking price
81
63
Average days on the market
curreNT
12 months ago
£2,642
£2,704
Average rental price (pcm)
6,054
6,049
Properties available monthly
30
30
Average days on the market
Average monthly mortgage repayment**
(assume average house price of £691,000)
2.50%
2.90%
3.67%
2026
2028
2030
Interest rate forecasts
£3,241
£2,940
£2,635
4.43%*
3.5%
£3,165
4.2%
£2,785
3.0%
2.5%
6.2%
5.3%
2.3%
2026
2028
2030
UK
house price growth
6.3%
5.1%
1.6%
2026
2028
2030
South West London house price growth
Forecasts
6.5%
5.6%
1.5%
2026
2028
2030
Greater London house price growth
Annual change
-2%
SOUTH WEST LONDON:
GREATER LONDON:
0.7%
Average rental price (pcm)
£2,704
SOUTH WEST LONDON:
GREATER LONDON:
£2,253
Annual change
2.4%
SOUTH WEST LONDON:
GREATER LONDON:
5.8%
020 8767 7711
Email
Jamie Limbert
Associate Partner, Sales Wandsworth
020 7731 3333
Email
Wayland Ward-Smith
Partner, Sales, Fulham
020 7751 8898
Email
Igor Simonov
Partner, Head of Residential, Fulham
020 8878 1115
Email
Aileen Robertson
Partner, Head of Sales and Lettings, Barnes
Example mortgage rate
Price by number of beds
£1,906
1
Average rental rates (£ per calendar month)
£2,525
2
£3,496
3
£5,145
4+
£2,704
Overall average
Sources used: Carter Jonas Research, HM Land Registry, ONS Price Index of Private Rents, Oxford Economics (forecasts), REalyse (data dashboard, 12-month rolling averages)
* Average rate at early October 2025
**Average monthly mortgage repayments: 25 year period, 15% deposit. Mortgage rates are not forecasts but examples and are for illustrative purposes only.
We’re looking at what’s driving the property market right now and how it’s playing out in your area. Read our Autumn/Winter 2025 local market report for the latest property data and insight.