Wandsworth Area Guide

The South West London, riverside borough of Wandsworth has long been a firm favourite of young families, so much so that the area around Wandworth Common is affectionally known as ‘Nappy Valley’.

The South West London, riverside borough of Wandsworth has long been a firm favourite of young families, so much so that the area around Wandworth Common is affectionally known as ‘Nappy Valley’. Its semi-suburban location has a village-like feel with plenty of tree-lined streets, huge parks, and good schools whilst still being near to central London. With the Thames at its north, Wandsworth incorporates areas such as Battersea, Putney and Tooting.

Property market

£634k Average house price
£1,950 Average Rent, 2 Bed
4% Average yield
3% Price growth over last 5 years
22% Price growth 5-years forecast
17% Rental growth over last 5 years
16% Rental growth 5-years forecast

Lifestyle

21 Number of ‘Outstanding’ primary schools
3 Number of ‘Outstanding’ secondary schools
490 Restaurants and cafes
1,125 Number of shops
32% Proportion of open space
14 Number of stations
3 PTAL (Public Transport Accessibility Level)

The iconic Battersea Power Station is a major Wandsworth landmark that has recently undergone substantial redevelopment. This mixed-use building and the surrounding Nine Elms area have become the central hub of a new, modern neighbourhood bringing locals and tourists together to enjoy the thriving new bars, restaurants, gyms and shops. Beautiful Battersea Park, Wandsworth Common and Putney Heath are just three of the many green spaces to enjoy in the area that, along with the Zone 1 Northern line extension, continues to attract buyers and developers to Wandsworth.

 

Insights

 

  • Average house prices are 23% higher than the London average
  • Average rent for a 2-bed flat is 9% higher than the London average
  • House price growth over the last 5 years was 3%, lower than London at 10%. However, over the next 5 years, house price growth is expected to be 22%, higher than London at 19%
  • Average asking rents grew 17% over the last 5 years, higher than London at 14%
  • Over the next 5 years average rents are expected to grow by 16%, higher than London at 14%
  • Younger than average population, 64% younger than 40, compared with 59% for London
  • 34% of the borough's primary schools are rated as outstanding by Ofsted, higher than the London figure of 27%
  • 37 restaurants and cafes per square mile, higher than the figure for London of 24.29
  • 85 shops per square mile, higher than the figure for London of 73.48

There is a crater on Mars called the Tooting crater, named after Tooting - this was decided as all Mars craters with diameters under 60km are named after 'villages of the world with a population of less than 100,000'

I love Putney, it’s the perfect combination of village and riverside living, yet so central. Weekends in Putney are all about watching the rowing on the Thames, cycling past the deer in Richmond Park, open air markets and artisan cafes, and walking up the Kings Road for a spot of shopping. It’s so accessible so it never takes long to get home after a late night in the West End!

London boroughs

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Disclaimers

 

  • Average 2-bed yield is calculated by REalyse using median 2-bed asking rent and median 2-bed sales prices.  
  • Rental growth over the last five years is for all property (not 2-beds).
  • All data is the latest available as of January 2022.
  • PTAL – Transport for London's (TFL) Public Transport Accessibility Levels (PTALs) are a detailed and accurate measure of the accessibility of a point to the public transport network, taking into account walk access time and service availability. Each area is graded between 0 and 6b, where a score of 0 is very poor access to public transport, and 6b is excellent access to public transport.

 

Sources

 

  • Average Price – ONS, October 2021
  • Asking rent – Realyse, December 2021
  • Yield – Realyse, December 2021
  • House price and rental forecasts – CBRE Research
  • Outstanding primary and secondary schools – OFSTED (December 2021)
  • Number of cafes and restaurants – ONS (2020)
  • Number of shops – ONS (2021)
  • Open space – GiGL (2015)
  • Number of stations – TfL (2015)
  • PTAL – TfL (2015)