Chiswick Property Sales - December 2013


Prices edge higher at end of record breaking year

The average price of a home sold in the W4 post code area during December was up on the previous month but remains below peak levels seen earlier in the year.

The average sale price during the month according to the Land Registry was £888,460. This was from 57 transactions, 17 of which were for over £1,000,000.

The most expensive property to change hands during the month was a house in Woodstock Road which cost its new owners £3,120,000.

The December data from Land Registry's House Price Index shows that London remains the best performing property market in England and Wales. The average price of a home in the capital rose by 11.2% over the year to £403,972.

For the country as a whole prices rose by 4.4% which takes the average property value in England and Wales to £167,353. Repossession volumes decreased by 28 per cent in July 2013 to 1,187 compared with 1,645 in July 2012.

The most up-to-date figures available show that during October 2013 the number of completed house sales in England & Wales increased by 21 per cent to 71,929 compared with 59,213 in October 2012. The number of properties sold in England and Wales for over £1 million in October 2013 increased by 40 per cent to 913 from 651 in October 2012.

According to the RICS Residential Market Survey, the number of homes sold per chartered surveyor in London reached its highest point since October 2010 in December as the recovery in the capital’s property sector continued.

Over the festive period, the average number of transactions per surveyor in London, reached 16 - over treble that of the lowest point of the downturn back in February 2009 when respondents were selling a mere 6. With more sales now going through, growth in demand for rented accommodation has fallen again as a growing number of renters opt to test the sales market.

Meanwhile, with the amount of homes coming onto the market still nowhere near enough to meet the higher level of demand, prices continue to rise. In London during December, a net balance of 99 percent more chartered surveyors reported growing prices. Significantly, every area of the UK saw prices increase with London and the South East experiencing the biggest jumps.

Peter Bolton King, RICS Global Residential Director, commented: “The housing market is starting to thrive once more. Sales are at their highest level in almost six years and this is being reflected right across the UK. Growing availability of affordable mortgages has released some pent-up demand from a market that, in recent years, has seen many viable buyers unable to enter the market. On the face of it, this seems like good news but unless we see a marked increase in the number of homes coming up for sale we could well be looking at a price rises becoming unsustainable in some areas.”

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December 2013 Property Sales in Chiswick

Deed Date Address Price (£)
23/12/2013 Flat 3, 253 Chiswick High Road, W4 4PU
499,950
20/12/2013 Flat 1, Parr Place 23-27, Chiswick High Road, W4 2ET
800,000
20/12/2013 17 Russell Close, W4 2NU
425,000
20/12/2013 25 Anstice Close, W4 2RJ
265,000
20/12/2013 8 Seymour Road, W4 5ES
880,000
20/12/2013 6 Kingscote Road, W4 5LJ
1,295,000
20/12/2013 Flat 2, 208 Acton Lane, W4 5DL
500,000
19/12/2013 18 Shirley Road, W4 1DD
917,500
19/12/2013 21 Brookfield Road, W4 1DE
900,000
19/12/2013 4 Woodstock Road, W4 1UE
3,120,000
19/12/2013 77 Glebe Street, W4 2BE
930,000
19/12/2013 1 Churton Place, Chiswick Village, W4 3BX
375,000
19/12/2013 53 Ellesmere Road, W4 3EA
670,000
19/12/2013 37 Arlington Gardens, W4 4EZ
530,000
19/12/2013 5 Thorney Hedge Road, W4 5SB
495,000
18/12/2013 61 Wavendon Avenue, W4 4NT
1,850,000
18/12/2013 48 Bollo Lane, W4 5LT
343,000
18/12/2013 Flat 2, 43 Ellesmere Road, W4 3DU
329,950
17/12/2013 36 Pyrmont Road, W4 3NR
855,000
17/12/2013 26 Barrowgate Road, W4 4QY
860,000
17/12/2013 22 Fairlawn Grove, W4 5EH
1,300,000
16/12/2013 27 Marlborough Crescent, W4 1HE
1,850,000
16/12/2013 27 Priory Avenue, W4 1TZ
1,360,000
16/12/2013 29 Glebe Street, W4 2BD
1,281,000
16/12/2013 77 Stile Hall Gardens, W4 3BT
1,250,000
16/12/2013 72 Thames Road, W4 3RE
575,000
16/12/2013 4 Sharon Road, W4 4PD
1,950,000
16/12/2013 39 Rothschild Road, W4 5HT
1,316,777
16/12/2013 Ground Floor Flat, 30 Stile Hall Gardens, W4 3BU
827,500
13/12/2013 39 Ramillies Road, W4 1JW
1,237,566
13/12/2013 39 Staveley Gardens, W4 2SA
595,000
13/12/2013 84 Thames Road, W4 3RE
540,000
13/12/2013 39 Clovelly Road, W4 5DU
485,000
12/12/2013 4 The Avenue, W4 1HT
2,950,000
12/12/2013 21 Grantham Road, W4 2RT
845,000
12/12/2013 35 Grantham Road, W4 2RT
380,000
12/12/2013 49 Burlington Lane, W4 3ET
1,565,000
12/12/2013 5 Sutton Court, Fauconberg Road, W4 3JG
710,000
12/12/2013 57 Strand On The Green, W4 3PE
1,300,000
11/12/2013 C, 40 Harvard Road, W4 4EA
268,000
09/12/2013 6 Shirley Road, W4 1DD
825,000
09/12/2013 4a Reynolds Road, W4 5AR
499,995
06/12/2013 139 Staveley Gardens, W4 2SG
465,000
06/12/2013 10 Whitehall Park Road, W4 3NE
1,300,000
06/12/2013 Flat 14, 9 Devonhurst Place, Heathfield Terrace, W4 4JB
850,000
06/12/2013 23 Fletcher Road, W4 5AT
405,000
06/12/2013 17 Monmouth Close, W4 5DQ
350,000
06/12/2013 14 Belmont Road, W4 5UH
588,000
06/12/2013 20b Esmond Road, W4 1JQ
480,000
06/12/2013 Flat 2, 28 Saville Road, W4 5HG
335,000
05/12/2013 69 Staveley Gardens, W4 2SA
265,000
05/12/2013 38 Somerset Road, W4 5DN
710,000
04/12/2013 42 Wellesley Road, W4 4BZ
1,275,000
04/12/2013 19 Rothschild Road, W4 5HS
1,275,000
03/12/2013 44 Hatfield Road, W4 1AF
825,000
03/12/2013 28 Fraser Street, W4 2DA
363,000
02/12/2013 81 Wellesley Road, W4 3AT
405,000

Property sales in November 2013

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Source: Land Registry

October 2, 2014