Shepherd's Bush Property Sales - December 2013
W12 home prices send the year on a high
The average price of a home sold in the W12 post code area during November and December was £557,807 according to the latest data released by the Land Registry. This suggests property values in the area are moving back to the peak levels seen in the third quarter of 2013.
Prices overall in Shepherd's Bush were up 6.2% over the year.
There were 82 transactions of which six were properties selling for over a million, the most expensive of which was on Harstwood Road changing hands for £1,900,000.
The December data from Land Registry's House Price Index shows that London remains the best performing property market in England and Wales. The average price of a home in the capital rose by 11.2% over the year to £403,972.
For the country as a whole prices rose by 4.4% which takes the average property value in England and Wales to £167,353. Repossession volumes decreased by 28 per cent in July 2013 to 1,187 compared with 1,645 in July 2012.
The most up-to-date figures available show that during October 2013 the number of completed house sales in England & Wales increased by 21 per cent to 71,929 compared with 59,213 in October 2012. The number of properties sold in England and Wales for over £1 million in October 2013 increased by 40 per cent to 913 from 651 in October 2012.
According to the RICS Residential Market Survey, the number of homes sold per chartered surveyor in London reached its highest point since October 2010 in December as the recovery in the capital’s property sector continued.
Over the festive period, the average number of transactions per surveyor in London, reached 16 - over treble that of the lowest point of the downturn back in February 2009 when respondents were selling a mere 6. With more sales now going through, growth in demand for rented accommodation has fallen again as a growing number of renters opt to test the sales market.
Meanwhile, with the amount of homes coming onto the market still nowhere near enough to meet the higher level of demand, prices continue to rise. In London during December, a net balance of 99 percent more chartered surveyors reported growing prices. Significantly, every area of the UK saw prices increase with London and the South East experiencing the biggest jumps.
Peter Bolton King, RICS Global Residential Director, commented: “The housing market is starting to thrive once more. Sales are at their highest level in almost six years and this is being reflected right across the UK. Growing availability of affordable mortgages has released some pent-up demand from a market that, in recent years, has seen many viable buyers unable to enter the market. On the face of it, this seems like good news but unless we see a marked increase in the number of homes coming up for sale we could well be looking at a price rises becoming unsustainable in some areas.”
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The latest reported sales are given in the table below:
Property Sales in Shepherd's Bush (November - December 2013) |
||
|---|---|---|
| 23-Dec-13 | 87 Ormiston Grove, W12 0JP | 465,000 |
| 23-Dec-13 | Ground Floor Flat, 92 Cathnor Road, W12 9JA | 473,000 |
| 20-Dec-13 | 16a Hilary Road, W12 0QB | 245,000 |
| 20-Dec-13 | Flat 22, Winthrop House, White City Estate, W12 7QB | 202,500 |
| 20-Dec-13 | Basement, 20 Richmond Way, W12 8LY | 535,000 |
| 20-Dec-13 | Flat 4, Alexandra Court, 53 Becklow Road, W12 9HL | 255,000 |
| 20-Dec-13 | Flat B, 7 Macfarlane Road, W12 7JY | 320,000 |
| 20-Dec-13 | Flat 3, 121 Goldhawk Road, W12 8EN | 500,000 |
| 19-Dec-13 | 34 Ormiston Grove, W12 0JT | 1,631,000 |
| 19-Dec-13 | 51c St. Stephens Avenue, W12 8JB | 500,000 |
| 19-Dec-13 | 37 Cobbold Road, W12 9LA | 325,000 |
| 18-Dec-13 | Flat 34, Mitchell House, White City Estate, W12 7PF | 250,000 |
| 18-Dec-13 | 4 Kinnear Road, W12 9LE | 450,000 |
| 17-Dec-13 | 26 White City Close, W12 7EA | 288,000 |
| 17-Dec-13 | 65 Greenside Road, W12 9JQ | 780,000 |
| 17-Dec-13 | 35c St. Stephens Avenue, W12 8JB | 450,000 |
| 16-Dec-13 | 56 Bulwer Street, W12 8AP | 880,000 |
| 13-Dec-13 | 62 Oaklands Grove, W12 0JB | 440,000 |
| 13-Dec-13 | 65a Ormiston Grove, W12 0JP | 635,000 |
| 13-Dec-13 | 63 Adelaide Grove, W12 0JX | 380,000 |
| 13-Dec-13 | 17a Woodstock Grove, W12 8LE | 499,950 |
| 12-Dec-13 | Flat 3, 169-175, Askew Road, W12 9AX | 200,000 |
| 12-Dec-13 | 61 Kelmscott Gardens, W12 9DB | 295,000 |
| 10-Dec-13 | 1 Askew Road, W12 9AA | 250,000 |
| 06-Dec-13 | 12b Starfield Road, W12 9SW | 290,000 |
| 05-Dec-13 | 152b Goldhawk Road, W12 8HJ | 121,800 |
| 05-Dec-13 | Flat B, 70 Coningham Road, W12 8BH | 315,000 |
| 04-Dec-13 | 106 Frithville Gardens, W12 7JW | 1,600,000 |
| 03-Dec-13 | 45a Uxbridge Road, W12 8LA | 525,000 |
| 02-Dec-13 | 38 Arminger Road, W12 7BB | 501,000 |
| 29-Nov-13 | 70 Thorpebank Road, W12 0PQ | 710,000 |
| 29-Nov-13 | Flat 99, Banstead Court, 60 Westway, W12 0QJ | 86,000 |
| 29-Nov-13 | 14 Tunis Road, W12 7EZ | 900,000 |
| 29-Nov-13 | 31 Keith Grove, W12 9EY | 1,000,000 |
| 29-Nov-13 | 111 Wendell Road, W12 9SD | 1,656,000 |
| 29-Nov-13 | 68c Devonport Road, W12 8NU | 561,685 |
| 28-Nov-13 | 54a Boscombe Road, W12 9HU | 420,000 |
| 26-Nov-13 | 5 Vespan Road, W12 9QG | 751,000 |
| 26-Nov-13 | Basement And Ground Floor Flats, 29 Devonport Road, W12 8NZ | 570,000 |
| 25-Nov-13 | 81 St. Stephens Avenue, W12 8JA | 1,230,000 |
| 25-Nov-13 | 3 Shepherds Bush Place, W12 8LX | 782,000 |
| 22-Nov-13 | 108 Galloway Road, W12 0PJ | 690,000 |
| 22-Nov-13 | 93 St. Stephens Avenue, W12 8JA | 350,000 |
| 22-Nov-13 | 30 Devonport Road, W12 8NX | 1,510,000 |
| 22-Nov-13 | 56 Bassein Park Road, W12 9RZ | 1,200,000 |
| 21-Nov-13 | 108 Adelaide Grove, W12 0JH | 600,000 |
| 21-Nov-13 | Flat 109, Blaxland House, White City Estate, W12 7NJ | 270,000 |
| 21-Nov-13 | 79 Becklow Road, W12 9HH | 890,000 |
| 20-Nov-13 | First Floor Flat, 93 St. Stephens Avenue, W12 8JA | 385,000 |
| 18-Nov-13 | 51 Ollgar Close, W12 0NG | 275,000 |
| 15-Nov-13 | 52 Fitzneal Street, W12 0BB | 372,500 |
| 15-Nov-13 | 91 Willow Vale, W12 0PA | 731,000 |
| 15-Nov-13 | Flat 3, Fraser Court, Heathstan Road, W12 0SE | 300,000 |
| 15-Nov-13 | 16 Gainsborough Court, Lime Grove, W12 8HS | 290,000 |
| 15-Nov-13 | Flat 52, Shepherds Court, Shepherds Bush Green, W12 8PW | 240,000 |
| 15-Nov-13 | 136 Becklow Road, W12 9HJ | 436,000 |
| 14-Nov-13 | 21 Stokesley Street, W12 0AG | 448,250 |
| 14-Nov-13 | 154b Goldhawk Road, W12 8HJ | 270,000 |
| 14-Nov-13 | 65a Cathnor Road, W12 9JB | 605,000 |
| 12-Nov-13 | Flat 10, Mark Mansions, Westville Road, W12 9PS | 450,000 |
| 08-Nov-13 | 9 Creighton Close, W12 7DG | 195,000 |
| 08-Nov-13 | Flat 99, Phipps House, White City Estate, W12 7QF | 250,000 |
| 08-Nov-13 | Flat 33, Holst House, Du Cane Road, W12 0EB | 309,950 |
| 07-Nov-13 | 4 Begonia Walk, W12 0BE | 420,000 |
| 07-Nov-13 | 13 Terrick Street, W12 7AE | 415,000 |
| 07-Nov-13 | Flat 120, Phipps House, White City Estate, W12 7QF | 182,500 |
| 07-Nov-13 | Flat 42, Cornwallis House, India Way, W12 7QT | 232,000 |
| 07-Nov-13 | 12 Hartswood Road, W12 9NQ | 1,900,000 |
| 06-Nov-13 | Flat 35, Evans House, White City Estate, W12 7NZ | 169,000 |
| 06-Nov-13 | 297 Goldhawk Road, W12 8EU | 885,000 |
| 05-Nov-13 | 19 Gayford Road, W12 9BY | 775,000 |
| 04-Nov-13 | 3 Coningham Road, W12 8BP | 235,000 |
| 04-Nov-13 | 33 Lefroy Road, W12 9LF | 770,000 |
| 01-Nov-13 | 109 Henchman Street, W12 0BN | 345,000 |
| 01-Nov-13 | 62a Ormiston Grove, W12 0JS | 625,000 |
| 01-Nov-13 | 63 Coningham Road, W12 8BS | 570,000 |
| 01-Nov-13 | Flat 18a, Pennard Mansions, Goldhawk Road, W12 8DL | 285,000 |
| 01-Nov-13 | Flat 8, Pennard Mansions, Goldhawk Road, W12 8DL | 555,000 |
| 01-Nov-13 | 109a Uxbridge Road, W12 8NL | 1,500,000 |
| 01-Nov-13 | 54 Boscombe Road, W12 9HU | 365,000 |
| 01-Nov-13 | 68 Vespan Road, W12 9QQ | 750,000 |
| 01-Nov-13 | Second Floor Flat, 30 Stanlake Road, W12 7HP | 425,000 |
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Source: Land Registry
October 10, 2014