The Real Cost of Buying a First Home in Furzedown
A first purchase at the £750,000 Furzedown average needs about £105,800 in cash, made up of £75,000 deposit, £27,500 stamp duty with first time buyer relief, and roughly £3,300 in fees.
The introduction costs you nothing. If you go ahead, we may be paid a fee by the firm we introduce you to. There is no obligation.
A first purchase at the £750,000 Furzedown average needs about £105,800 in cash, made up of £75,000 deposit, £27,500 stamp duty with first time buyer relief, and roughly £3,300 in fees.
What a first Furzedown purchase costs in cash
On the local average the deposit is £75,000, stamp duty is £27,500 and fees are near £3,300. Total cash needed is about £105,800.
The £750,000 average is above the £500,000 ceiling, so first time buyer relief does not apply. Stamp duty is the full £27,500. Rates are those in force from April 2025. Confirm the current position on gov.uk before you exchange.
Average prices above £500,000 mean first time buyer relief does not apply on a typical purchase here. Budget the full duty from the start.
Where the upfront cash goes
The commercial page for this town sets out the introduction itself: Mortgage advice in Furzedown.
Borrowing power on a Furzedown income
Running costs from week one
Band D council tax in Furzedown is £1,020 a year, which is £85 a month. Add energy, water, insurance and maintenance.
Protection belongs in the same budget. If the mortgage depends on two incomes, it depends on both people staying well enough to earn. That is the part of the purchase we advise on directly.
The Furzedown detail first buyers ask about
The schools families ask about here are Penwortham Primary School, Furzedown Primary School, Sellincourt Primary School, Graveney School and Ernest Bevin Academy. 5 local schools were rated Good or Outstanding overall at their most recent graded Ofsted inspection. Ratings age between inspections, so read the latest report before you rely on one.
On getting about: Tooting Bec to Leicester Square takes about 20 min.
By price, Furzedown ranks 88 of the 320 London locations we cover, at £750,000 against a county average of £732,469. Band D council tax here is £1,020, against an average of £2,121 across the towns we cover in the county.
What your money buys in Furzedown
Furzedown is a quiet, leafy, family-friendly residential district with a village feel.
The full local guide covers schools, transport and the market in detail: Furzedown property and area guide.
| Budget | What it buys here |
|---|---|
| Around £400,000 to £550,000 | A flat or maisonette conversion, the more accessible way into the district. |
| Around £650,000 to £950,000 | A classic Victorian or Edwardian terraced house, the signature Furzedown family home. |
| £1,000,000 and above | A larger Edwardian villa or house on the leafiest roads, the top of the local market. |
- A quiet, leafy, family-friendly Wandsworth district
- The lowest council tax in England
- Good local schools (Penwortham, Graveney, more)
- A genuine village-feel community
- Tooting Common & the historic Tooting Bec Lido
- No railway station of its own
- Prices firmly at London levels
- Wandsworth is competitive for school places
- A short walk or bus to the Northern line / Streatham rail
- Flats/conversions need lease checks
Furzedown is known locally for Tooting Bec Lido. Tooting Bec Lido on Tooting Common, the largest freshwater swimming pool in England, a historic, much-loved outdoor pool a short walk from Furzedown.
Practical detail for Furzedown: the SW17 (bordering SW16) postcode district, no station of its own; Tooting Bec & Tooting Broadway (Northern line, Zone 3) and Streatham & Streatham Common (Southern/Thameslink) close by and nearest A and E is St George's Hospital, Tooting (very close), verify with NHS.
Furzedown at a glance
| Upfront cost | Furzedown figure |
|---|---|
| Average price | £750,000 |
| Deposit at 10% | £75,000 |
| Stamp duty, first time buyer | £27,500 |
| Stamp duty, standard rate | £27,500 |
| Legal, survey and moving | £3,300 |
| Total cash needed | £105,800 |
| Monthly repayment illustration | £3,946 |
Figures are local averages used for illustration. Confirm your own numbers before acting on them.
Ask about Furzedown
Three details is all we need. You are told before anything is passed to a partner firm.
Your checklist
- Total cash of about £105,800, not just the deposit
- Your stamp duty position confirmed on gov.uk
- A first year running cost budget including £1,020 council tax
- Income protection quoted before completion, not after
The introduction costs you nothing. If you go ahead, we may be paid a fee by the firm we introduce you to. There is no obligation.
Check broadband before you make an offer in Furzedown
Broadband speeds can vary street by street in Furzedown, so check the exact address before you commit. Ofcom's free checker shows which broadband speeds and mobile coverage are available at any UK property.
We can introduce you to a specialist who can combine your mobile, broadband and utilities into one bill. There's no fee for the introduction.
We don't provide these services ourselves. Switching household bills is not a regulated financial service, so FCA protections and the Financial Ombudsman do not apply. We'll only pass your details to the specialist if you ask us to. See our privacy notice.
Questions people ask
How much money do I need to buy a first home in Furzedown?
Do first time buyers pay stamp duty in Furzedown?
What is the biggest hidden cost?
How do I check broadband speed at a property in Furzedown?
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