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Chiswick Property Market Update January 2025
As the New Year unfolds, Horton and Garton’s Winter 2025 Chiswick Property News offers a detailed look back at the final quarter of 2024 while presenting a forward view of the opportunities and trends shaping this beloved West London neighbourhood.
Chiswick sales market: A resilient end to 2024
The Chiswick property market ended 2024 with remarkable resilience. Transaction volumes remained steady, with over 40 sales recorded each month during the autumn. By year-end, Chiswick had tallied more than 430 transactions for 2024, a strong performance showcasing the area’s sustained popularity.
Property prices in W4 reflected consistent growth, averaging £810,000 by the end of the year—a 16% increase from pre-pandemic levels in 2020. The top sale of 2024 saw a stunning house achieve £4.3 million in May, while a luxury flat reached an impressive £1.7 million later in the year.
John Horton, Owner and Director, shared: “Chiswick’s property market demonstrated its strength through 2024. The consistent demand and strong close to the year set the stage for a promising 2025.”
Opportunities for homemovers
To ensure a smooth and successful sale or purchase in Chiswick’s typically competitive spring market, preparation is essential. Start by engaging your solicitor early to avoid unnecessary delays in the legal process. Next, ensure your finances are in order, including securing mortgage pre-approvals for added confidence. Sellers should focus on presentation by completing any necessary maintenance and showcasing your home effectively to attract serious buyers and maximise its appeal.
Louise Jones, Sales Manager, noted: “A well-prepared property is more likely to attract serious buyers and achieve the best possible outcome. Early movers this spring could benefit from reduced competition and motivated buyers.”
Lettings market in W4
The Chiswick lettings market closed 2024 on a high, with demand for rental properties far outpacing supply. Smaller flats and well-situated homes remain particularly sought after. While rents rose by an average of 4% nationally, Chiswick’s trajectory mirrored this growth, although affordability concerns have begun to temper increases for larger properties.
The upcoming Renters Rights Bill, due to take effect mid-2025, is poised to bring significant regulatory changes to the private rental sector. Professional management will be crucial for landlords navigating these adjustments.
Aggie Tukendorf, Lettings Manager, comments: “Chiswick landlords are well-placed to benefit from sustained rental demand, but compliance with new legislation will be essential to maintaining returns. Horton and Garton’s expertise ensure our clients are well-prepared for the changes ahead.”
Investor activity accounted for 13% of UK property transactions in 2024, marking the highest proportion since 2016. While the total number of landlord purchases has declined, Chiswick remains a reliable choice for long-term rental investments. The area’s vibrant community and cultural appeal ensure continued tenant interest and strong yields for well-located properties.
For a deeper dive into Chiswick’s property market and our expert guidance, watch our comprehensive video update available now.
Watch the video here
Whether you’re buying, selling, renting, or investing, Horton and Garton’s team is here to help. Get in touch.
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January 24, 2025
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