Latest Shepherd's Bush Property Sales

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Prices see a muted recovery so far in 2011

The average price of residential properties sold so far this year in Shepherd's Bush is £430,989. This is slightly up on the last quarter of 2010 when the average dropped to £426,400, a sharp drop of 13% - almost £65,000 - from the peak levels seen in the Summer.

Two homes sold for over £1 million, including one of W12's most unusual homes, The Folly on Rylett Road, which was created in a converted Victorian Gothic stable block.

At the other end of the market, Shepherd's Bush remains affordable compared with neighbouring areas, with five flats changing hands at £200,000 or less, including one in Romney Court on Shepherd's Bush Green which was sold for just £103,000.

According to the Land Registry, London property prices are up by 3.2% in February compared to last year, though they 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 pricein the Capital 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 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.

January Property Sales in Shepherd's Bush

Address	Price (£)	Date
50, Ashchurch Grove, W12 9BU	650,000	31/01/2011
147, Flat 7, Coningham Road, W12 8BU	327,500	31/01/2011
23, Flat 1, Percy Road, W12 9PX	285,500	28/01/2011
75, Aylmer Road, W12 9LG	395,000	28/01/2011
14, Bassein Park Road, W12 9RY	475,000	28/01/2011
28, Foxglove Street, W12 0QD	350,000	28/01/2011
46, Coverdale Road, W12 8JL	940,000	28/01/2011
The Folly, Rylett Road, W12 9NL	1,100,000	28/01/2011
69, Flat B, Cobbold Road, W12 9LA	340,000	26/01/2011
147, Braybrook Street, W12 0AJ	325,000	25/01/2011
6, Wallflower Street, W12 0TE	400,000	25/01/2011
26, First Floor Flat, Keith Grove, W12 9EZ	290,000	24/01/2011
2, Bloemfontein Avenue, W12 7BL	635,000	24/01/2011
412, Flat 4, Uxbridge Road, W12 0NR	185,000	21/01/2011
412, Flat 6, Uxbridge Road, W12 0NR	325,000	21/01/2011
159, St Elmo Road, W12 9DY	450,000	21/01/2011
35, St Elmo Road, W12 9EA	310,000	21/01/2011
61, Oaklands Grove, W12 0JE	499,999	21/01/2011
44, Aldbourne Road, W12 0LN	865,000	21/01/2011
48, Vespan Road, W12 9QQ	728,188	21/01/2011
65, First And Second Floor Flat, Pennard Road, W12 8DW	494,000	20/01/2011
Bathurst House, Flat 11, White City Estate, W12 7AG	200,000	19/01/2011
26c, St Elmo Road, W12 9DX	220,000	19/01/2011
Melville Court, Flat 40, Goldhawk Road, W12 9NY	220,000	18/01/2011
172a, Coningham Road, W12 8BY	221,000	18/01/2011
430a, Uxbridge Road, W12 0NR	1,085,000	17/01/2011
62c, Cathnor Road, W12 9JA	439,950	14/01/2011
36, Flat C, Askew Road, W12 9BH	210,000	14/01/2011
50, Jeddo Road, W12 9EQ	370,000	14/01/2011
38, First Floor Flat 3, Loftus Road, W12 7EN	219,000	13/01/2011
5, Bloemfontein Avenue, W12 7BJ	494,000	13/01/2011
1f, Thorpebank Road, W12 0PG	429,950	12/01/2011
Hanover Court, Flat 19, Uxbridge Road, W12 9EP	250,000	12/01/2011
Romney Court, Flat 46, Shepherds Bush Green, W12 8PY	103,000	07/01/2011
4, Flat 4, Warbeck Road, W12 8NT	459,950	07/01/2011
128c, Askew Road, W12 9BL	275,000	07/01/2011

 

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Source: Land Registry

October 12, 2011