Acton Property Nearly at All Time High


London still only place to experience increase in property value

Property prices in Acton are still climbing and latest figures reveal them to be just short of an all time high.

The amount of properties changing hands has increased in this second quarter - with 15 more transactions that the previous quarter.

This has largely been due to a big leap in the number of terraced houses sold - nearly 3 times as many between April and June compared to January to March.

The average price of a property is now 363,389 which reflects a 7.8% increase.

The June data from Land Registry's flagship House Price Index shows an annual price decrease of -2.5 per cent which takes the average property value in England and Wales to £161,479. The monthly change from May to June is 0.0 per cent.

London is the only region in England and Wales to have experienced an increase in its average property value over the last 12 months with a movement of 0.8%. Over the same period property prices in the North East were down by 7.1%. This brings the average price in London to £339,480 compare to £161,479 in England and Wales as a whole.

The numbers below are subject to revision as is it usual that some properties are added late to the Land Registry's database.

In a forthcoming edition of the ActonW3.com newsletter there will be a complete listing of recent property sales in the area. To register to receive it .

Acton Property Prices - April to June 2011
Area Semi-Det Sales Terraced Sales Flat/Mais Sales Total Averages Total Sales
W3 0 410833 3 496428 7 294166 6 404531 16
W3 6 621666 6 542285 14 276892 14 447014 34
W3 7 541785 7 435857 7 236086 26 324543 40
W3 8 0 0 450625 4 262196 15 301865 19
W3 9 0 0 0 0 252135 7 252135 7
Total 547187 16 497515 32 257024 68 363389 116
Change in Quarter -7.3% -20.0% 5.6% 166.7% 12.8% 11.5% 7.8% 24.7%
Change in year 9.1% -40.7% 14.5% 28.0% 2.1% -11.7% 7.1% -10.1%
Change in three years -4.2% 6.7% -0.6% 190.9% -6.3% 15.3% 2.1% 36.5%
Change in five years 16.2% -61.0% 23.3% -22.0% 24.6% -39.3% 18.2% -41.1%


Acton Property Prices - Jan to Mar 2011
Area Semi-Det Sales Terraced Sales Flat/Mais Sales Total Averages Total Sales
W3 0 459300 5 526083 6 0 0 495727 11
W3 6 0 0 415866 6 233376 17 280982 23
W3 7 588990 5 0 0 224614 19 300526 24
W3 8 544200 5 0 0 227900 11 326744 16
W3 9 767900 5 0 0 225782 14 368445 19
Total 590098 20 470975 12 227916 61 337167 93
Change in Quarter 0.0% -13.0% 0.8% -47.8% -10.8% -29.9% -6.9% -31.6%
Change in year 3.7% -20.0% 18.4% -50.0% -5.1% -32.2% 3.2% -33.1%
Change in three years -0.4% -25.9% 1.9% -45.5% -18.2% -33.7% -8.2% -34.0%
Change in five years 28.4% -33.3% 37.9% -68.4% 10.0% -48.3% 22.4% -50.0%

 

August 23 2011

 

Related links
Related Links

Northfields
Your local multi-award winning estate agents

Goldsmiths Buildings

Goldsmiths Buildings

Give Your Feedback on Estate Agents in Acton

Last Quarter's Property Market in Acton

Property Listings for W3

Comment on this story on the