Matters relating to a Section 106 Agreement pursuant to the District Heating Network Statement required under Schedule 2, Part 9, Clause 3 associated with planning permission 2022/1835 dated 06/06/2025 (Demolition of the existing building and construction of three new buildings (between 12 and 22 storeys in height), together comprising 55 residential units (Use Class C3) and Student Accommodation comprising 762 student bedrooms (Sui Generis) along with 495sqm (GIA) flexible Commercial, Business and Service (Use Class E) and/or Local Community and Learning (Class F) floorspace with associated works including hard and soft landscaping, car parking, new vehicular access/servicing, and other ancillary works.),
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Wandsworth holds firm as Nine Elms tower wave settles
South-west London's most prolific delivery borough is moving past the post-Battersea sugar rush, with 3,237 sales in 12 months and a £650,000 median.
- Median sale price
- £640,000
- Median price trend
- £640k
- Pending dev applications
- 67
- Pipeline value (GDV)
- £112.4m
Wandsworth has spent a decade as London's most active delivery borough, and Q2 2026 shows a market digesting rather than retreating. With 3,237 Land Registry transactions in the trailing twelve months and a £650,000 median, pricing is grinding 4% higher year on year while Nine Elms and Battersea finally move from cranes to occupancy.
What's driving the Wandsworth market
Market data at a glance
The Wandsworth numbers, visualised
4,900 sales clearing across the type-mix
Source: HM Land Registry Price Paid, rolling 12 months.
New build mix
+92.5% premiumSource: HM Land Registry Price Paid Data. Median computed across all registered transactions per period.
Development pipeline
Live planning activity in Wandsworth
Notable pending applications
Application under s.106A of the Town and Country Planning Act 1990 (as amended) to vary legal agreement dated 11 August 2020 pursuant to planning permission ref. 2018/0210 (Erection of 22 residential units (6x1bedroom, 10x2-bedroom and 6x3-bedroom) within three two/three-storey buildings accessed from Thrale Road (between Nos. 16 and 18 Thrale Road) with associated car and cycle parking, refuse storage and landscaping.). The variations relate to s.106 Schedule 3 [Affordable Housing].
Change of use of units 11/13 and unit 12 from Learning and non-residential institutions use (Class F1) to Commercial, Business and service uses (Class E), and change of use of unit 3 from Commercial, Business and service uses (Class E) to Learning and non-residential institutions use (Class F1).
Determination as to whether prior approval is required for change of use from offices (Class E) to 16 residential flats (Use Class C3).
Demolition of existing building and erection of a four-storey building to provide commercial floorspace (Class E (g)(iii)) on part of the ground floor, and 9 residential units within the remainder of the building (4 x 2-bedroom, 4 x 1bedroom and 1 x 3 bedroom units) with winter gardens/roof terraces and associated refuse and cycle storage.
Outline planning application with all matters included except landscaping, which is reserved, for: demolition of the existing two-storey residential building (Use Class C3) and erection of a sixstorey plus basement building containing commercial use (Use Classes E(e) and E(g) (i), (ii) & (iii)) on basement, and 8 residential units on upper floor levels with a communal roof terrace above, roof plant and associated residential and commercial accesses, cycle parking and refuse storage facilities at ground floor.
Source: London Borough of Wandsworth portal. GDV estimates use local sales medians by property type.
Sales activity
Recent Wandsworth sold prices
Latest registered sales
Land Registry · 28 September 2026| Date | Address | Type | Tenure | Price |
|---|---|---|---|---|
29 July 2026 | FLAT 16, SOMERVILLE HOUSE, MANOR FIELDS | F | L | £785,000 |
27 July 2026 | 10, ATNEY ROAD | F | L | £468,000 |
27 July 2026 | 118, SHERFIELD GARDENS | F | L | £230,000 |
24 July 2026 | 47, HAYWARD GARDENS | F | L | £325,000 |
24 July 2026 | 30B, WADHAM ROAD | T | F | £885,000 |
24 July 2026 | FLAT 6, 3, VERONICA ROAD | F | L | £345,000 |
24 July 2026 | FLAT 26, REPTON HOUSE, 20, SCOTT AVENUE | F | L | £325,000 |
24 July 2026 | FLAT 1, 176, BEDFORD HILL | F | L | £700,000 |
Wandsworth's next two years are about absorption, not approval, and the funding stack is doing the work price growth used to do.
For developers
What this means for Wandsworth schemes
Wandsworth development finance
Term sheets for ground-up schemes — 65-70% LTGDV typical for Wandsworth.
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The next 12 months in Wandsworth
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Methodology: Pending GDV is estimated by multiplying declared unit counts by local sales medians for the corresponding property type. Approval rate is the share of decided applications (last 12 months) granted permission. Sold-price changes are year-on-year comparisons of the median sale price. Pipeline activity refers to residential development applications only — household extensions, conditions variations, and other non-development applications are excluded. Construction Capital is a trading name of Lenzie Consulting Ltd. (08174104).