Shepherd's Bush Property Sales February 2010
Local area not as strong as rest of borough
The average price of a property sold in W12 during February was £374,780. This is below the level seen at the end of last year in the area.
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.
February 2010 Property Sales in Shepherd's Bush
| Address | Price (£) | Date |
|---|---|---|
| 34, Basement, Askew Road, W12 9BH | 349,999 |
26/02/2010 |
| 10a, Nascot Street, W12 0HE | 430,000 |
26/02/2010 |
| 30, Flat D, Ellerslie Road, W12 7BW | 279,950 |
26/02/2010 |
| 54, Ground Floor Flat, Coningham Road, W12 8BH | 260,000 |
26/02/2010 |
| 29, Norbroke Street, W12 0QU | 342,500 |
26/02/2010 |
| 16c, Stowe Road, W12 8BN | 330,000 |
26/02/2010 |
| 22, Flat 2, Boscombe Road, W12 9HP | 335,000 |
26/02/2010 |
| 38, Second Floor Flat, Richmond Way, W12 8LY | 265,000 |
26/02/2010 |
| 8, Lower Ground Floor Flat, Wells Road, W12 8DA | 195,000 |
22/02/2010 |
| 98, Gayford Road, W12 9BW | 487,500 |
22/02/2010 |
| 24, Askew Road, W12 9BH | 408,000 |
19/02/2010 |
| 13a, Adelaide Grove, W12 0JU | 392,000 |
18/02/2010 |
| 92, Mayfield Road, W12 9LU | 240,000 |
18/02/2010 |
| 48, Flat B, Boscombe Road, W12 9HU | 390,000 |
18/02/2010 |
| Part Of, 51, Stowe Road, W12 8BE | 381,000 |
16/02/2010 |
| 23, Raised Ground Floor Flat, Tadmor Street, W12 8AH | 245,000 |
15/02/2010 |
| 3, Exhibition Close, W12 7EE | 250,000 |
15/02/2010 |
| 69, Askew Crescent, W12 9DW | 408,000 |
15/02/2010 |
| 40, Second Floor Flat, Loftus Road, W12 7EN | 300,000 |
12/02/2010 |
| 20, Stanlake Villas, W12 7EX | 720,000 |
11/02/2010 |
| 99, Galloway Road, W12 0PH | 450,000 |
10/02/2010 |
| Longford Court, Flat 263, Emlyn Gardens, W12 9UW | 230,000 |
09/02/2010 |
| 27, Woodger Road, W12 8NW | 110,000 |
05/02/2010 |
| 19, Westway, W12 0PT | 285,000 |
03/02/2010 |
| 12, Milfoil Street, W12 0RY | 395,000 |
03/02/2010 |
| 20, Arminger Road, W12 7BB | 635,000 |
03/02/2010 |
| 225, Du Cane Road, W12 0BL | 294,000 |
03/02/2010 |
| 123, Percy Road, W12 9QJ | 566,500 |
02/02/2010 |
| 2a, Warbeck Road, W12 8NT | 298,500 |
02/02/2010 |
| 102, Cobbold Road, W12 9LL | 545,000 |
02/02/2010 |
| 57, Macfarlane Road, W12 7JY | 810,000 |
01/02/2010 |
| 55, Aylmer Road, W12 9LG | 365,000 |
01/02/2010 |
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Source: Land Registry
June 11, 2010
