Ealing Property Sales - January 2011

---

House prices make a good start to the year

The latest figures from the Land Registry are suggesting that Ealing property prices have made a steady start to the year.

The average price in the W5 post code area of sales reported so far this year is £446,997. This is more or less in line with the average for the final three months of 2010 but represents a bounce back from the lower levels seen in November and December. The figures include the sale of a home in Warwick Road for £1,632,500.

West Ealing (W13) saw a similar recovery with prices averaging £419,984 since the new year. This is well above the levels seen in the fourth quarter although the average was boosted by two million pound plus property sales in Amherst Avenue and North Avenue.

London property prices overall are up by 3.2% in February compared to last year. Prices were down marginally on the previous month. This is still highest level in the country with the North East seeing prices fall by 7.1% in the same period. Nationally prices fell by 1.7% in February 2011 compared with February 2010.

This brings the average property price to £341,048, in comparison to the figure for England and Wales, which is £162,215.

Longer term London has also significantly outperformed the rest of the country according to the Nationwide House Price Index, with prices up 17% over the last five years. This compares to a modest 1.3% increase across the UK as a whole. Over the same period, the North was the worst performing region, with prices down 7.8%.

Commenting on the figures, Robert Gardner, Nationwide's Chief Economist, said, “Demand for homes has levelled out, supported by historically low interest rates and some stabilisation in the labour market. The continued uncertain outlook for the economy is likely to keep many potential buyers on the sidelines for some time yet. “Nevertheless, there are few signs of a glut of unsold homes building up on the market. Sellers remain reluctant to accept lower prices to secure a sale. In fact there are tentative signs that the volume of homes coming onto the market is slowing.”

The latest reported sales are given in the table below.

The numbers below are subject to revision as is it usual that some properties are added late to the Land Registry's database.

Properties Sold in the W5 Area in January 2011

Address	Price (£)	Deed Date
29, Lanark Close, W5 1SN	470,000	31/01/2011
Corrigan Court, 27, Granville Gardens, W5 3PA	342,000	31/01/2011
Corrigan Court, 17, Granville Gardens, W5 3PA	297,000	31/01/2011
Corrigan Court, 2, Granville Gardens, W5 3PA	280,000	31/01/2011
Corrigan Court, 9, Granville Gardens, W5 3PA	217,000	31/01/2011
Corrigan Court, 18, Granville Gardens, W5 3PA	465,000	31/01/2011
37, Flat 5, Inglis Road, W5 3RL	240,000	28/01/2011
34, Woodfield Avenue, W5 1PA	650,000	28/01/2011
46, Clovelly Road, W5 5HE	795,000	28/01/2011
28, Woodfield Crescent, W5 1PD	540,000	28/01/2011
57, Fordhook Avenue, W5 3LS	825,000	28/01/2011
12, Northcote Avenue, W5 3UR	382,000	27/01/2011
62, Lynwood Road, W5 1JG	585,000	26/01/2011
Thorpe Hall, 27, Eaton Rise, W5 2HB	215,000	25/01/2011
3, Cedar Grove, W5 4AP	324,950	24/01/2011
Boston Lodge, 13, Windmill Road, W5 4BT	245,000	21/01/2011
4, St Marys Road, W5 5ES	390,000	21/01/2011
28, Flat 2, Mount Park Crescent, W5 2RN	338,000	21/01/2011
50, Swyncombe Avenue, W5 4DS	435,000	18/01/2011
32, Flat 3, Mattock Lane, W5 5BH	300,000	18/01/2011
10b, Granville Gardens, W5 3PA	325,000	17/01/2011
Castlebar Court, Flat 7, Queens Walk, W5 1TP	154,000	14/01/2011
47, Baronsmede, W5 4LS	875,000	14/01/2011
Thackeray Court, Flat 29, Hanger Vale Lane, W5 3AT	400,000	14/01/2011
73, Park View Road, W5 2JF	585,000	14/01/2011
73, Cleveley Crescent, W5 1DZ	290,000	12/01/2011
86, Lawrence Road, W5 4XH	475,000	12/01/2011
18, Birkdale Road, W5 1JZ	1,200,000	12/01/2011
54, Wellington Road, W5 4UH	650,000	11/01/2011
Marryatt Court, Flat 6, Green Vale, W5 3AU	325,000	11/01/2011
121, Carlyle Road, W5 4BP	312,000	10/01/2011
34, Darwin Road, W5 4BD	405,000	10/01/2011
6, Warwick Place, W5 5PS	317,500	10/01/2011
Nickelby House, 33, Flat 1, South Ealing Road, W5 4QT	203,000	07/01/2011
7, Corringway, W5 3AB	875,000	07/01/2011
16, Garrick Close, W5 1AS	205,000	06/01/2011
26, Garrick Close, W5 1AS	102,500	06/01/2011

Properties Sold in the W13 Area in January 2011

Address	Price (£)	Deed Date
14, Amherst Avenue, W13 8NQ	1,080,000	31/01/2011
84, Adelaide Road, W13 9EB	457,500	31/01/2011
23, Ground Floor Flat, Leighton Road, W13 9EL	238,000	28/01/2011
1, Chester Gardens, W13 8EP	625,000	26/01/2011
Broughton Court, 14, Broughton Road, W13 8QN	270,000	26/01/2011
126, Broadway, W13 0SY	325,000	22/01/2011
75, Ground Floor Flat, Lavington Road, W13 9LR	290,000	21/01/2011
1, Woodstock Avenue, W13 9UQ	530,000	21/01/2011
4, North Avenue, W13 8AP	1,270,000	21/01/2011
4, North Avenue, W13 8AP	1,270,000	21/01/2011
13, Regina Road, W13 9EE	460,000	21/01/2011
111, Coldershaw Road, W13 9DU	225,000	21/01/2011
36, Manor Road, W13 0JA	130,000	18/01/2011
14, Westfield Road, W13 9JR	280,000	14/01/2011
120, Salisbury Road, W13 9TT	460,000	14/01/2011
26, Jefferson Close, W13 9XJ	200,000	14/01/2011
4, Denmark Road, W13 8RG	550,000	14/01/2011
78, Hessel Road, W13 9ET	425,000	14/01/2011
43, Sydney Road, W13 9EZ	243,000	14/01/2011
27, Camborne Avenue, W13 9QZ	485,000	14/01/2011
Devonshire House, 201 - 211, Flat 8, Northfield Avenue, W13 9QU	250,000	11/01/2011
4, First Floor Flat, Kirn Road, W13 0UB	210,000	07/01/2011
79, Alexandria Road, W13 0NR	418,000	07/01/2011
8, Dell Way, W13 8JH	705,000	07/01/2011
Craig House, Flat 50, Hartington Road, W13 8QJ	282,500	07/01/2011
49, Dudley Gardens, W13 9LU	230,000	07/01/2011
101, Adelaide Road, W13 9ED	648,000	06/01/2011

 

Source: Land Registry

Data in this report is subject to crown copyright protection.

12 April 2011