Steady as it Goes...


Property prices in W5 and W13

Property prices in Ealing appear to have held steady so far this year according to the latest information on home sales.

The average price of a property sold in W5 since the beginning of the year is £426,751. The average for the last quarter of £2009 was just under £420,000.

In W13 the average has fallen to £394,116 so far this year compared to £424,528 in the final quarter of last year. However, much of the fall in the average seems to be down to a lack of sales in the million pound plus bracket so far this year. On a like for like basis prices appear to be stable.

The recovery in the Ealing property markest seems to have been confirmed by the latest data from the Land Registry. During December 2009 53 properties changed hands a high number during what is generally a quiet month. Strong sales seem to have continued through to January.

In February, London's annual house price change according to the Land Registry index was a positive 11.9 per cent, which is an increase from last month's figure, and the fifth month in a row in which the movement has been positive. It was also the strongest growth of any region.

The average value of a property in London is now £333,394, which is a decrease from last month.

For the country as a whole there was an annual increase of 7 per cent. This is the fourth month in a row in which the annual movement has been positive. The monthly house price change is negative this month, at -0.3 per cent. This brings the average house price in England and Wales to £164,455.

The Rightmove House Price Index for February 2010 reveals that average asking prices increased by over £7,000 in the past month. This is the largest monthly increase since April 2007 and represents a year-on-year increase of 6.1%. In London they are showing the highest ever level of asking prices.

Miles Shipside, commercial director of Rightmove comments: "A price jump of over 3% is more comparable to the pre-credit-crunch boom-times. Sellers are setting their sights higher, and some agents are going along with them in order to win scarce instructions. Property for sale remains scarce in popular areas, but new supply to the market has to be priced at what buyers are willing and able to pay. An average increase of over 7,000 pounds may prove to be a bit too spicy for some buyers' tastes, now that economic constraints have forced them to develop a simpler palate."

The latest reported sales are given in the table below.

EalingToday.co.uk offers the only dedicated coverage of property in the Ealing area with detailed analysis and comprehensive statistics on the market.

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Properties Sold in the W5 Area

Address
Price (£)
Deed Date
24, Flat C, Mattock Lane, W5 5BH
400,000
26/02/2010
6, Ranelagh Mews, W5 5RN
227,000
26/02/2010
4a, The Green, W5 5DA
345,000
26/02/2010
111, Little Ealing Lane, W5 4EH
247,500
26/02/2010
58, Popes Lane, W5 4NT
365,000
26/02/2010
85, Chandos Avenue, W5 4EP
500,000
24/02/2010
65, Almond Avenue, W5 4AD
335,000
23/02/2010
37, Flat 2, The Park, W5 5NP
295,000
19/02/2010
58, The Grove, W5 5LG
250,000
19/02/2010
20, The Park, W5 5NL
1,325,000
19/02/2010
184, First Floor Flat, Murray Road, W5 4DA
274,000
19/02/2010
Cavalier House, 46 - 50, Flat Po6, Uxbridge Road, W5 2SU
375,000
19/02/2010
117, Flat 4, The Grove, W5 3SL
400,000
19/02/2010
51, Little Ealing Lane, W5 4ED
290,000
19/02/2010
7, Chilton Avenue, W5 4RU
360,000
19/02/2010
4, Craven Avenue, W5 2SX
745,000
18/02/2010
11, Flat 16, Grange Park, W5 3PL
284,000
17/02/2010
Welsby Court, Flat 30, Eaton Rise, W5 2EY
248,000
16/02/2010
1, Clarendon Road, W5 1AA
440,000
15/02/2010
10, Lindfield Road, W5 1QR
600,000
15/02/2010
7, Sutton Court, W5 3PG
248,500
15/02/2010
Westpark, 16, Eaton Rise, W5 2HH
295,000
12/02/2010
24b, Corfton Road, W5 2HT
470,000
12/02/2010
7, Queens Road, W5 2SA
1,295,000
12/02/2010
9, Marlborough Road, W5 5NY
860,000
11/02/2010
18, Fairlea Place, W5 1SP
201,000
11/02/2010
Pimento Court, Flat 16, Olive Road, W5 4JQ
250,000
10/02/2010
Westpark, 39 - 41, 4, Eaton Rise, W5 2HH
322,500
09/02/2010
51, Woodfield Road, W5 1SR
570,000
09/02/2010
Gunnersbury Manor, 6, Elm Avenue, W5 3XB
250,000
08/02/2010
145a, Windmill Road, W5 4BS
290,000
04/02/2010
58, Flat 2, Madeley Road, W5 2LU
250,000
02/02/2010
106, Connell Crescent, W5 3BP
200,000
01/02/2010


Properties Sold in the W13 Area

Address
Price (£)
Deed Date
23, Flat 5, Denbigh Road, W13 8QA
430,000
26/02/2010
4, Mayfield Avenue, W13 9UR
425,000
26/02/2010
17, Northfield Avenue, W13 9QP
350,000
26/02/2010
Mayo Court, 133, Flat 21, Northcroft Road, W13 9TA
130,000
26/02/2010
Craig House, Flat 29, Hartington Road, W13 8QJ
225,000
26/02/2010
40, Mervyn Road, W13 9UN
600,000
26/02/2010
Lido House, Flat 4, Northfield Avenue, W13 9LD
144,000
26/02/2010
14a, Westfield Road, W13 9JR
285,000
26/02/2010
104, St Kilda Road, W13 9DE
340,000
22/02/2010
12, Marder Road, W13 9EN
203,000
22/02/2010
6, Marder Road, W13 9EN
140,000
22/02/2010
46, Hartington Road, W13 8QL
625,000
19/02/2010
11, Bellevue Road, W13 8DF
540,000
19/02/2010
24, Templewood, W13 8DX
460,000
19/02/2010
Tintern Court, Flat 134, Williams Road, W13 0SW
110,000
16/02/2010
6, Middlefielde, W13 8BB
582,500
15/02/2010
63, Langham Gardens, W13 8PZ
282,500
15/02/2010
20, Lynton Avenue, W13 0EB
245,000
12/02/2010
9b, North Avenue, W13 8AP
210,000
12/02/2010
Chasholl, Flat 5, The Maggie, Sutherland Road, W13 0DT
250,000
12/02/2010
51, Alexandria Road, W13 0NR
306,000
12/02/2010
39, Drayton Avenue, W13 0LE
413,000
12/02/2010
92, Salisbury Road, W13 9TT
424,000
12/02/2010
93, Cavendish Avenue, W13 0JY
250,000
08/02/2010
148, Northfield Avenue, W13 9SB
360,000
05/02/2010
57, Hessel Road, W13 9ER
243,000
04/02/2010
16, Westfield Road, W13 9JR
260,000
04/02/2010
52, Bellevue Road, W13 8DE
480,000
03/02/2010
121, Westfield Road, W13 9JD
365,000
02/02/2010
10a, Sydney Road, W13 9EY
256,000
01/02/2010

 

Source: Land Registry

June 3, 2010