Latest home sales in W12 show prices continuing to drift downwards
The average price of residential properties sold in November 2010 in Shepherd's Bush was £447,927.
This is below the average price in the third quarter of 2010, from July to September, which was £490,338 - an all time high for W12.
That very high average was partly due to the sale of just one house - a property in Ashchurch Church Villas which changed hands for just over £2 million although November did see the sale of a house in Stowe Road for £1,450,000.
According to the Land Registry London property prices are up by 6.8% in November compared to last year. This is the slowest annual rise in 2010 but remains the highest level in the country.
This brings the average property price in London to £341,009, in comparison to the figure for England and Wales, which is £164,773.
For the country as a whole November's data shows a fall of 0.6%. This is the third consecutive month in which prices have fallen. The annual house price growth rate has continued to decline for the sixth month in a row, with an increase of 2.2%. This is the smallest growth seen in 12 months.
Nationwide's House Price index for December which is based on offer prices rather than actual sales like the Land Registry did show an increase.
Martin Gahbauer, Nationwide's Chief Economist, said, "“There is little evidence to suggest that house price declines are likely to accelerate in the months ahead. Much of the weakness in property values since the Spring has been driven by a return of sellers to the market, following unusually low levels of property for sale in 2009 and early 2010. However, there is little to indicate that these sellers need to achieve a sale urgently for financial or economic reasons, which means that the downward pressure on house prices is only modest."
The numbers below are subject to revision as is it usual that some properties are added late to the Land Registry's database.
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The latest reported sales are given in the table below.
November 2010 Property Sales in Shepherd's Bush
Address | Price (£) | Date |
---|---|---|
Roding Court, Flat 139, Emlyn Gardens, W12 9UG |
249,950 |
26/11/2010 |
12c, Flat, Coverdale Road, W12 8JL |
250,000 |
26/11/2010 |
74, Ollgar Close, W12 0NG |
295,000 |
25/11/2010 |
133, Hartswood Road, W12 9NG |
354,000 |
23/11/2010 |
46, Arminger Road, W12 7BB |
291,000 |
22/11/2010 |
50, Emlyn Road, W12 9TD |
775,000 |
19/11/2010 |
13, Starfield Road, W12 9SN |
435,000 |
19/11/2010 |
172, 2a, Uxbridge Road, W12 7JP |
250,000 |
19/11/2010 |
52, Ground Floor Flat, Stowe Road, W12 8BW |
265,000 |
19/11/2010 |
6, The Curve, W12 0RH |
327,500 |
19/11/2010 |
193, Westway, W12 0SB |
272,000 |
19/11/2010 |
12, Bryony Road, W12 0SS |
420,000 |
15/11/2010 |
11, Ellingham Road, W12 9PR |
760,000 |
12/11/2010 |
2, Elgin Avenue, W12 9NP |
285,000 |
12/11/2010 |
48, Frithville Gardens, W12 7JN |
250,000 |
12/11/2010 |
88a, St Stephens Avenue, W12 8JD |
475,000 |
12/11/2010 |
50, Adelaide Grove, W12 0JJ |
497,500 |
11/11/2010 |
48, Second Floor Flat, Frithville Gardens, W12 7JN |
245,000 |
11/11/2010 |
92, Jeddo Road, W12 9EG |
615,000 |
11/11/2010 |
24c, Devonport Road, W12 8NY |
222,500 |
10/11/2010 |
79, Gayford Road, W12 9BY |
750,000 |
10/11/2010 |
47, Starfield Road, W12 9SN |
625,000 |
08/11/2010 |
35, Foliot Street, W12 0BQ |
300,000 |
05/11/2010 |
Wengham House, Flat 15, Sundew Avenue, W12 0RN |
215,000 |
04/11/2010 |
10, Cobbold Road, W12 9LW |
770,000 |
03/11/2010 |
19, Stowe Road, W12 8BQ |
1,450,000 |
03/11/2010 |
21, Stokesley Street, W12 0AG |
320,000 |
01/11/2010 |
61, Abdale Road, W12 7ES |
577,500 |
01/11/2010 |
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Source: Land Registry
April 5, 2011