W12 home values continue to perform well
The average sale price of a home in the W12 area during September was £481,848 according to the Land Registry.
This is below the level of the previous month but is still the second highest monthly average on record.
The figures do include the sale of a house on Ashchurch Park Villas for £2,050,000 and there were only 25 properties reported as sold during the month.
For London as a whole the Land Registry data shows an increase of 8.8% in September over the same month in 2009. The average price of a London residential properly is now £340,344. This is the smallest annual rise since December 2009. Compared to August prices fell by 0.6%
The Nationwide's House Price index is suggesting a lower overall increase in prices than the Land Registry. This is based on offer prices for homes rather than achieved sale prices. Martin Gahbauer, Nationwide's Chief Economist, said, "October saw a continuation of the modest downward trend in house prices that began at the start of the summer. The average price of a typical UK property edged down by a seasonally adjusted 0.7% month-on month
in October."
He now thinks that a second round of quantitative easing will be supportive for the property market.
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The latest reported sales are given in the table below.
September 2010 Property Sales in Shepherd's Bush
Address | Price (£) | Date |
---|---|---|
12a, Sterne Street, W12 8AD | 350,000 |
29/09/2010 |
30b, Percy Road, W12 9QA | 335,000 |
29/09/2010 |
2, First Floor Flat, Stowe Road, W12 8BN | 477,500 |
29/09/2010 |
19, Ground Floor Flat, Stronsa Road, W12 9LB | 320,000 |
27/09/2010 |
43, Collingbourne Road, W12 0JG | 375,000 |
24/09/2010 |
13, First And Second Floor Maisonette, Macfarlane Road, W12 7JY | 540,500 |
23/09/2010 |
47, Greenside Road, W12 9JQ | 740,000 |
21/09/2010 |
2, Upper Ground Floor Flat, Stowe Road, W12 8BN | 470,000 |
17/09/2010 |
46, Flat 2, Percy Road, W12 9QA | 245,000 |
17/09/2010 |
6a, Hetley Road, W12 8BB | 292,250 |
13/09/2010 |
14, Ground Floor Flat, Hadyn Park Road, W12 9AG | 370,000 |
10/09/2010 |
5, Woodstock Grove, W12 8LE | 745,000 |
10/09/2010 |
6, Askew Crescent, W12 9DP | 356,000 |
10/09/2010 |
147, Mellitus Street, W12 0AU | 307,000 |
09/09/2010 |
52, Oaklands Grove, W12 0JB | 295,000 |
09/09/2010 |
79, Flat B, Devonport Road, W12 8PB | 275,000 |
09/09/2010 |
6, Ellerslie Road, W12 7BW | 675,000 |
08/09/2010 |
14, Batman Close, W12 7NU | 211,000 |
08/09/2010 |
11, Batson Street, W12 9PU | 585,000 |
07/09/2010 |
90, Adelaide Grove, W12 0JL | 500,000 |
06/09/2010 |
271, Flat 4, Uxbridge Road, W12 9DT | 279,950 |
03/09/2010 |
157, St Elmo Road, W12 9DY | 370,000 |
03/09/2010 |
25, Ashchurch Park Villas, W12 9SP | 2,050,000 |
03/09/2010 |
182, Emlyn Road, W12 9TB | 382,000 |
03/09/2010 |
Granville Mansions, Flat 17, Shepherds Bush Green, W12 8QA | 500,000 |
01/09/2010 |
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Source: Land Registry
January 21, 2011