Steady Progress for Shepherd's Bush Property Market


As number of million pound plus sales continues to grow

After a record breaking couple of months at the beginning of 2012 which saw a property in Hartswood Road achieve Shepherd's Bush's highest ever price - £2,950,000 - the market seems at first sight to have fallen back in spring.

A closer look however, shows the overall trend is still upwards.

Since the beginning of March the average price achieved for a sale in W12 has been £485,320, compared to £546,937 in the first two months of the year. However these figures were distorted by that one multi-million pound property, and a better comparison would be with the figures in December, when the average was just £409, 218.

There have been 47 properties sold during the period, including three houses priced over one million pounds. Two of them were on Percy Road, the most expensive of which went for £1,550,000, while the third was on Rylett Road.

And the good news for local agents is that there may be many more multi-million pound sales in the offing, with a total of 15 houses currently for sale at £1,000,000 or above - including one, a six bedroom home in Boscombe Road which matches the highest ever price of £2,950,000.

At the other end of the market, prices are also beginning to creep up, with just one solitary flat changing hands for under £200,000. However, unlike other areas of the borough there still appears to be a good supply of homes priced under £250,000, with 11 being snapped up during spring.

The March data from Land Registry's flagship House Price Index shows an annual price decrease of 0.6% which takes the average property value in England and Wales to £160,372. London remains the best performing area in the country with prices rising by 0.7% to £343,522 over the same period although it is down on the previous month.

The most up-to-date figures available show that, during January 2012, the number of completed house sales in England and Wales increased by 13% to 42,511 compared to 37,584 in January 2011.

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.

April 2012 Property Sales in Shepherd's Bush
30/04/2012 11d Stowe Road, W12 8BQ
349,950
30/04/2012 4 Davisville Road, W12 9SJ
350,000
27/04/2012 2c Findon Road, W12 9PP
240,000
27/04/2012 First And Second Floor Flat, 69 Godolphin Road, W12 8JN
500,000
27/04/2012 120 Cobbold Road, W12 9LL
510,000
27/04/2012 9 Wormholt Road, W12 0LU
880,000
27/04/2012 3 Rylett Road, W12 9NL
1,700,000
25/04/2012 38 Roxwell Road, W12 9QF
400,000
25/04/2012 63 Galloway Road, W12 0PH
575,000
25/04/2012 37 Bloemfontein Road, W12 7BH
600,000
20/04/2012 143a Goldhawk Road, W12 8EN
247,500
20/04/2012 Flat 17, Melville Court, Goldhawk Road, W12 9NY
272,500
20/04/2012 114 Cobbold Road, W12 9LL
343,500
20/04/2012 45 Jeddo Road, W12 9ED
420,000
20/04/2012 112 Cobbold Road, W12 9LL
488,800
20/04/2012 34 Leysfield Road, W12 9JF
1,090,000
20/04/2012 279 Goldhawk Road, W12 8EU
2,700,000
19/04/2012 20 Fitzneal Street, W12 0BD
230,000
17/04/2012 27 Sawley Road, W12 0LG
522,500
16/04/2012 53 Oaklands Grove, W12 0JE
577,500
13/04/2012 32 Loftus Road, W12 7EN
295,000
13/04/2012 Ground Floor Flat, 7 Coningham Road, W12 8BP
335,000
13/04/2012 78 Wormholt Road, W12 0LT
965,000
11/04/2012 Flat 2, Market Studios 43a, Goldhawk Road, W12 8QP
195,000
11/04/2012 91 Godolphin Road, W12 8JN
885,000
05/04/2012 94 Mayfield Road, W12 9LU
170,000
05/04/2012 147 Wood Lane, W12 7ED
238,000
05/04/2012 Flat 1, 48 Thornfield Road, W12 8JQ
369,950
05/04/2012 Flat C, 30 Bassein Park Road, W12 9RZ
385,000
05/04/2012 9 Wallflower Street, W12 0TE
400,000
05/04/2012 Flat 3, 10 Wendell Road, W12 9RT
475,000
04/04/2012 27 Cobbold Road, W12 9LA
272,000
04/04/2012 Second And Third Floor Flat, 94 Devonport Road, W12 8NU
499,950
03/04/2012 192 Emlyn Road, W12 9TB
407,500
02/04/2012 Flat 33, Shackleton Court, Scotts Road, W12 8HQ
205,000
02/04/2012 76 Bloemfontein Road, W12 7DB
315,000
02/04/2012 Flat 8, Pennard Mansions, Goldhawk Road, W12 8DL
425,000

 

 

March 2012 Property Sales in Shepherd's Bush
Address Price (£) Date
17a, Collingbourne Road, W12 0JG
575,000
30/03/2012
37, Second Floor Flat, Warbeck Road, W12 8NS
315,000
30/03/2012
83a, Vespan Road, W12 9QG
564,950
30/03/2012
49b, Macfarlane Road, W12 7JY
272,000
27/03/2012
Longford Court, Flat 257, Emlyn Gardens, W12 9UW
247,500
23/03/2012
82a, Oaklands Grove, W12 0JB
448,600
23/03/2012
7, Flat 5, Loftus Road, W12 7EH
245,000
23/03/2012
17b, Goodwin Road, W12 9JN
245,000
23/03/2012
271b, Uxbridge Road, W12 9DT
250,000
23/03/2012
11, Flat C, Woodstock Grove, W12 8LE
295,000
21/03/2012
197, Becklow Gardens, W12 9HA
223,500
21/03/2012
39a, Greenside Road, W12 9JQ
310,000
21/03/2012
162, Percy Road, W12 9QL
1,550,000
19/03/2012
44, Rylett Road, W12 9ST
1,300,000
16/03/2012
Holst House, Flat 28, Du Cane Road, W12 0EB
244,000
16/03/2012
2a, Thorpebank Road, W12 0PQ
380,000
16/03/2012
121, Godolphin Road, W12 8JN
930,000
16/03/2012
33, Keith Grove, W12 9EY
590,000
16/03/2012
29, Cobbold Road, W12 9LA
660,000
16/03/2012
167 - 169, Flat E, Uxbridge Road, W12 9RB
230,000
16/03/2012
60a, Coningham Road, W12 8BH
310,000
14/03/2012
56, Stanlake Road, W12 7HL
799,000
12/03/2012
99b, Frithville Gardens, W12 7JQ
325,000
09/03/2012
4b, Findon Road, W12 9PP
430,500
09/03/2012
90a, Goldhawk Road, W12 8HD
200,000
09/03/2012
22b, Percy Road, W12 9QA
422,000
09/03/2012
Romney Court, Flat 8, Shepherds Bush Green, W12 8PY
125,000
08/03/2012
91a, Ormiston Grove, W12 0JP
465,000
07/03/2012
125, Galloway Road, W12 0PH
486,000
07/03/2012
52, Gayford Road, W12 9BW
661,533
07/03/2012
24, 1, Loftus Road, W12 7EN
395,000
05/03/2012
185, Basement Flat, Goldhawk Road, W12 8EP
284,000
05/03/2012
64, Oaklands Grove, W12 0JB
360,000
02/03/2012
51, Percy Road, W12 9PX
1,145,000
02/03/2012
123, Becklow Road, W12 9HH
640,000
01/03/2012
87, Cobbold Road, W12 9LA
580,000
01/03/2012

 

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Source: Land Registry

November 14, 2012