Million Pound Properties on the Increase in W12

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But Bush also has bargain buys for first time buyers

The average price of residential properties sold so far in the second half of 2011 in Shepherd's Bush is £468,376.

This appears to show a fall from the second quarter of the year when the average peaked at over £500,000.

However, a closer look at the 55 home sales reveals this drop average may have more to do with the relatively small number of larger houses being sold during the period than a general decline in prices.

Since the end of June, only two have changed hands for over £1,000,000. A home in Flanchford Road was the most expensive, selling for £1,350,000, while a second property in Binden Road in Wendell Park achieved £1,265,000.

This is in contrast to the general picture in our borough, with a new survey from Lloyds TSB revealing that Hammersmith and Fulham had the third highest total of million pound home sales in the country with 198 sold during the first half of the year.

However, as we get closer to the end of the year, Shepherd's Bush seems to be catching up with neighbouring Hammersmith and Fulham, which according to the same survey had the postcode - SW6 - with the highest total of million pound sales in the country, a total of 142.

Website Prime Location currently lists no fewer than 24 properties for sale in Shepherd's Bush above the million mark, including a five bedroom house in Hartswood Road priced £3,500,000 and a unique two bedroom architect designed property in Greenside Road selling for £1,650,000.

At the other end of the market, the figures from the Land Registry contain good news for first time buyers. With four flats priced under £200,000 and another six under £250,000 Shepherd's Bush is still one of the best areas in West London to kake a first step onto the property ladder.

This is still the case in November, with a choice of over 20 flats available in the area with price tags below £200,000.

London is the only region in England and Wales to experience an increase in its average property value over the last 12 months, according to the Land Registry's. The average price rose by 2.1% to £348,686.

The national House Price Index shows an annual price decrease of 2.6% which takes the average property value in England and Wales to £162,347.

The most up-to-date figures available show that during June 2011, the number of completed house sales in England and Wales decreased by 13% to 54,776 from 62,714 in June 2010. The number of properties sold in England and Wales for over £1 million decreased by 28% between June 2010 and June 2011, from 644 to 465.

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.

July/August 2011 Property Sales in Shepherd's Bush

Address	Price (£)	Date
41c, Stanlake Road, W12 7HG	330,000	22/08/2011
42, Mayfield Road, W12 9LU	142,000	19/08/2011
12a, Woodstock Grove, W12 8LE	400,000	17/08/2011
12, Hadyn Park Road, W12 9AG	806,000	17/08/2011
6, Binden Road, W12 9RJ	1,265,000	15/08/2011
94, Galloway Road, W12 0PJ	525,000	12/08/2011
27, Frithville Gardens, W12 7JG	914,000	11/08/2011
5, Cobbold Road, W12 9LA	465,000	09/08/2011
67, Ground Floor Flat, Coningham Road, W12 8BS	286,000	05/08/2011
79, Flat 4, Coningham Road, W12 8BS	390,000	05/08/2011
128, Wulfstan Street, W12 0AD	395,000	05/08/2011
114, Galloway Road, W12 0PJ	400,000	05/08/2011
18, Aldine Street, W12 8AN	510,000	04/08/2011
68, Flat B, Devonport Road, W12 8NU	270,000	04/08/2011
24, Flat A, St Stephens Avenue, W12 8JH	400,000	02/08/2011
16, Lower And Ground Floor Flat, St Stephens Avenue, W12 8JH	735,000	02/08/2011
12, Laurence Mews, W12 9AT	715,000	02/08/2011
83c, Vespan Road, W12 9QG	195,000	01/08/2011
14, 1, St Stephens Avenue, W12 8JH	262,000	29/07/2011
22a, St Stephens Avenue, W12 8JH	365,000	29/07/2011
10, Osmund Street, W12 0AX	290,000	29/07/2011
138, Ground Floor Maisonette, Emlyn Road, W12 9TB	378,000	29/07/2011
Cobble Corner, 6, Laurence Mews, W12 9AT	570,000	29/07/2011
Ariel Court, Flat 8, Goldhawk Road, W12 9PH	240,000	27/07/2011
10, Sedgeford Road, W12 0ND	850,000	27/07/2011
Shackleton Court, Flat 31, Scotts Road, W12 8HQ	240,000	26/07/2011
Linden Court, Flat 28, Frithville Gardens, W12 7JJ	230,000	25/07/2011
45, Flat B, St Stephens Avenue, W12 8JB	296,000	22/07/2011
18, Flat 4, Lime Grove, W12 8EA	320,000	22/07/2011
58, Ground Floor Flat, Aylmer Road, W12 9LQ	385,000	22/07/2011
18, Aylmer Road, W12 9LQ	388,500	22/07/2011
54, Second Floor Flat, Coningham Road, W12 8BH	244,000	19/07/2011
5, Foxglove Street, W12 0QD	352,000	19/07/2011
6, Hemlock Road, W12 0QR	318,000	18/07/2011
149, Westway, W12 0SD	300,000	17/07/2011
Woodford Court, 33, Flat 75, Shepherds Bush Green, W12 8QZ	154,000	15/07/2011
83b, Vespan Road, W12 9QG	421,500	15/07/2011
11, Ingersoll Road, W12 7BE	818,000	15/07/2011
130, Cobbold Road, W12 9LL	360,000	15/07/2011
96, Cobbold Road, W12 9LL	500,000	15/07/2011
60, Emlyn Road, W12 9TD	850,000	15/07/2011
24, Vespan Road, W12 9QQ	270,000	13/07/2011
12, Stronsa Road, W12 9LB	485,000	11/07/2011
23, Davisville Road, W12 9SH	805,000	11/07/2011
44, Second Floor Flat, Godolphin Road, W12 8JF	430,000	08/07/2011
31, Clematis Street, W12 0QG	365,000	08/07/2011
19, Daffodil Street, W12 0TG	351,330	08/07/2011
88, Devonport Road, W12 8NU	138,335	07/07/2011
67, Wendell Road, W12 9SB	875,000	04/07/2011
122, Flat 6, Uxbridge Road, W12 8AA	200,000	01/07/2011
14, 2, St Stephens Avenue, W12 8JH	250,000	01/07/2011
85b, Uxbridge Road, W12 8NR	295,000	01/07/2011
37, Aldbourne Road, W12 0LW	900,000	01/07/2011
4, Roxwell Road, W12 9QF	771,000	01/07/2011
38, Flanchford Road, W12 9ND	1,350,000	01/07/2011

 

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Source: Land Registry

November 4, 2011