In focus: Wimbledon

The Savills Blog

In focus: Wimbledon

For a fortnight each July, Wimbledon village takes centre stage (or court, should we say) and becomes one of the most talked about pockets of south west London as the nation is gripped by tennis fever.

But what does the leafy enclave have to offer during the remaining 50 weeks of the year?

Buyers looking for property for sale in Wimbledon will find it’s a place of two halves, with the buzz of the town centre sitting alongside the charm of the village, the two separated by a short walk down Wimbledon Hill Road. South of Wandsworth and northeast of New Malden, the area’s reach stretches into Coombe and Southfields.

WIMBLEDON TOWN

The town traditionally attracts a younger crowd and city commuters, who benefit from the ease of the District line and mainline station. Residents can be in central London in around 20 minutes. Here, the high street and shopping centre includes plenty of well-known brands, such as Uniqlo, H&M and Oliver Bonas, as well as the New Wimbledon Theatre, Polka Theatre for children and an ODEON cinema.

WIMBLEDON VILLAGE

The electoral ward of ‘Village’, which includes Wimbledon Village and the sought-after addresses at the top of Wimbledon Hill, is home to a number of boutique shops, independent cafés and pubs. Growing families, downsizers and empty nesters are typically drawn to the village for its slightly slower pace of life. There’s a close-knit village feel that gives residents a taste of the country while being conveniently located for all that the capital has to offer.

HOUSE PRICES IN WIMBLEDON

Buyers are invariably attracted to Wimbledon for the lifestyle equilibrium that can be achieved here, and so the market has continued to grow in popularity. Wimbledon's prime property values have increased by 11.6 per cent in since March 2020, versus all of prime London that has seen price growth of 4% across the same time period. Rental values across this leafy enclave have also continued to grow experiencing growth of 2% annually.

The average second hand sale price of homes in Wimbledon, from the 12 months to February 2023, stands at around £1.23 million with values increasing up in Wimbledon Village where homes can command a premium. Prices here can start in the region of £1.5m for a smaller house, while larger detached properties with impressive gardens can achieve in excess of £10 million.

A SURPRISING VARIETY OF PROPERTY

There’s also a surprising variety of property, catering for buyers throughout their property journey. There are contemporary flats, maisonettes and smaller Victorian terraced homes, ideal for first-time buyers and second steppers, while the larger townhouses and detached homes, many of which have private gardens, typically accommodate young and growing families. For those looking for something altogether different, a few Arts & Craft-style homes are tucked away by Merton Park.

Much like the property here, the schools also take children right through their education, from nursery and primary school through to secondary schools and sixth form. There’s something for everyone, whether your preference is single sex, co-ed, state or one of the many independent schools.

When the weekend rolls around, and annual tennis fever has come and gone, there’s plenty to keep you entertained. Wimbledon Common, the largest stretch of common land in the capital, is not only favoured by our furry friends The Wombles, but also by runners, walkers and horse riders. The common is also home to a nature reserve as well as an 18-hole golf course, while Wimbledon Park has an athletics track and cricket pitches. For tennis fans, the All England Lawn Tennis Club is an obvious choice.

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