House prices remain steady during the month
The latest figures from the Land Registry are suggesting that Ealing property prices have remained steady during February 2011.
During February the average sale price achieved in the W5 post code area was £431,411 slightly below the level seen in the fourth quarter of last year.
In West Ealing (W13) the average price fell to £369,208 having been above £400,000 in January. The fall seems more due to the lack of activity at the top end of the market - no homes sold for over £1,000,000 during the month - compared to 3 in January - than a general decline in the market.
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.
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 February 2011
Address | Price (£) |
Deed Date |
37, Flat 2, Inglis Road, W5 3RL | 392,000 |
28/02/2011 |
43, Holyoake Walk, W5 1QN | 455,000 |
28/02/2011 |
Corrigan Court, 6, Granville Gardens, W5 3PA | 435,000 |
28/02/2011 |
Corrigan Court, 11, Granville Gardens, W5 3PA | 440,000 |
28/02/2011 |
65, Flat 1, Windsor Road, W5 3UJ | 180,000 |
25/02/2011 |
31, Church Gardens, W5 4HH | 500,000 |
25/02/2011 |
24, Bramley Road, W5 4SS | 555,000 |
25/02/2011 |
32, Lammas Park Road, W5 5JB | 647,000 |
25/02/2011 |
17, Mount Park Road, W5 2RP | 350,000 |
25/02/2011 |
52, Woodfield Road, W5 1SH | 720,000 |
25/02/2011 |
61, Flat 2, Madeley Road, W5 2LT | 330,000 |
25/02/2011 |
31, Flat 1, Corfton Road, W5 2HP | 445,000 |
25/02/2011 |
Corrigan Court, 29, Granville Gardens, W5 3PA | 430,000 |
25/02/2011 |
Corrigan Court, 32, Granville Gardens, W5 3PA | 375,250 |
25/02/2011 |
Corrigan Court, 13, Granville Gardens, W5 3PA | 440,000 |
24/02/2011 |
59, Wellington Road, W5 4UJ | 620,000 |
23/02/2011 |
4, Flat 2, Corfton Road, W5 2HS | 240,000 |
23/02/2011 |
Corrigan Court, 19, Granville Gardens, W5 3PA | 445,000 |
22/02/2011 |
10, Curzon Road, W5 1NF | 603,000 |
18/02/2011 |
William Court, Flat 24, Buckingham Close, W5 1TU | 250,000 |
16/02/2011 |
4, Pinewood Grove, W5 2AG | 295,000 |
14/02/2011 |
35, Lanark Close, W5 1SN | 440,000 |
11/02/2011 |
25c, Gordon Road, W5 2AD | 315,000 |
11/02/2011 |
Cavalier House, 46 - 50, Flat 810, Uxbridge Road, W5 2SU | 460,000 |
11/02/2011 |
William Court, Flat 8, Buckingham Close, W5 1TU | 58,750 |
09/02/2011 |
2b, Hanger Green, W5 3EL | 175,000 |
09/02/2011 |
16, Flat 5, Blakesley Avenue, W5 2DW | 360,000 |
09/02/2011 |
Corrigan Court, 5, Granville Gardens, W5 3PA | 445,000 |
07/02/2011 |
Windmill Court, Flat 8, Windmill Road, W5 4DN | 250,000 |
04/02/2011 |
30, Carlyle Road, W5 4BL | 515,000 |
04/02/2011 |
271, Popes Lane, W5 4NH | 620,000 |
04/02/2011 |
51, St Marys Road, W5 5RG | 365,000 |
04/02/2011 |
6a, Radbourne Avenue, W5 4XD | 294,950 |
04/02/2011 |
12, Haven Lane, W5 2HN | 510,000 |
04/02/2011 |
Cavalier House, 46 - 50, Flat 807, Uxbridge Road, W5 2SU | 350,000 |
04/02/2011 |
1, Warwick Road, W5 3XH | 1,632,500 |
03/02/2011 |
Gunnersbury Manor, 27, Elm Avenue, W5 3XB | 250,000 |
03/02/2011 |
Corrigan Court, 34, Granville Gardens, W5 3PA | 344,000 |
03/02/2011 |
Corrigan Court, 36, Granville Gardens, W5 3PA | 384,000 |
02/02/2011 |
Cavalier House, 46 - 50, Flat Ug11, Uxbridge Road, W5 2SS | 340,000 |
01/02/2011 |
Properties Sold in the W13 Area in February 2011
Address | Price (£) |
Deed Date |
38b, Denbigh Road, W13 8NH | 248,500 |
28/02/2011 |
51a, Loveday Road, W13 9JT | 320,000 |
25/02/2011 |
10, Northfield Road, W13 9SY | 380,000 |
25/02/2011 |
10, Balfour Road, W13 9TN | 385,000 |
25/02/2011 |
71, Balfour Road, W13 9TW | 403,000 |
25/02/2011 |
57, Mattock Lane, W13 9LA | 755,000 |
25/02/2011 |
109a, Northcroft Road, W13 9ST | 220,000 |
25/02/2011 |
153, Ground Floor Flat, Coldershaw Road, W13 9DU | 337,500 |
24/02/2011 |
47, Raymond Avenue, W13 9UY | 600,000 |
24/02/2011 |
24, Claygate Road, W13 9XG | 540,000 |
24/02/2011 |
17, Arlington Road, W13 8PF | 720,980 |
24/02/2011 |
34, Altenburg Avenue, W13 9RN | 515,000 |
24/02/2011 |
61, Ground Floor Flat, Seaford Road, W13 9HP | 198,000 |
23/02/2011 |
1a, Graham Avenue, W13 9TQ | 300,000 |
22/02/2011 |
15, Burnham Way, W13 9YE | 493,000 |
22/02/2011 |
49, Kent Avenue, W13 8BE | 780,000 |
22/02/2011 |
27, Drayton Gardens, W13 0LG | 460,000 |
18/02/2011 |
62, Coldershaw Road, W13 9DX | 237,500 |
18/02/2011 |
53, Flat 4, Argyle Road, W13 0LW | 233,000 |
18/02/2011 |
17, Bedford Road, W13 0SP | 304,000 |
17/02/2011 |
Lovelace House, 96 - 122, Flat 48, Uxbridge Road, W13 8RB | 247,975 |
17/02/2011 |
9, Flat D, North Avenue, W13 8AP | 225,000 |
11/02/2011 |
26, Flat 3, Hastings Road, W13 8QH | 210,000 |
11/02/2011 |
Devonshire House, 201 - 211, Flat 7, Northfield Avenue, W13 9QU | 305,000 |
09/02/2011 |
Devonshire House, 201 - 211, Flat 4, Northfield Avenue, W13 9QU | 305,000 |
09/02/2011 |
Devonshire House, 201 - 211, Flat 1, Northfield Avenue, W13 9QU | 310,000 |
09/02/2011 |
48, Leyborne Avenue, W13 9RA | 197,000 |
07/02/2011 |
60, Mayfield Avenue, W13 9UR | 250,000 |
04/02/2011 |
21, Endsleigh Road, W13 0RE | 360,000 |
04/02/2011 |
8, Glenfield Terrace, W13 9JF | 430,000 |
04/02/2011 |
Ross Court, Flat 11, Cleveland Road, W13 8ED | 175,000 |
02/02/2011 |
Source: Land Registry
Data in this report is subject to crown copyright protection.
12 May 2011
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