Latest Shepherd's Bush Property Sales
Local market lags strong performance of neighbours
The latest sales figures for the Shepherd's Bush area continues to suggest it is not enjoying the same strength in prices as other parts of West London. The Hammersmith W6 area recently rose to record levels but since the beginning of March W12 prices have fallen since the third quarter of 2009.
Volumes also remain a concern with the bounce back from the very depressed levels during the credit crunch being much less convincing than has been seen in other areas.
The average price of a property in W12 during the first quarter of the year was £403,220 which was down by 5.8% on the previous quarter.
The April data from Land Registry's House Price Index shows an annual price increase of 14.8% in London. For England and Wales prices are up by 8.5%. This is the sixth month in a row in which the figure has been positive and takes the average property value in England and Wales to £165,596.
The Nationwide House Price index for April shows a 10.1% increase the first double digit annual increase since 2007.
Commenting on the figures Martin Gahbauer, Nationwide's Chief Economist, said, "the more important driver of rising house prices has been the low level of stock for sale, as many homeowners and buy-to-let landlords continue to wait for prices to recover to peak 2007 levels before deciding to sell up or move. The very low level of interest rates has been supportive of this wait-and-see approach, particularly in the buy-to-let sector."
He is anticipating that prices will flatten out over the next few months due to the petering out of new buyer enquiries at estate agents offices and an increase in the number of instructions from sellers.
The latest reported sales are given in the table below.
March 2010 Property Sales in Shepherd's Bush
| Address | Price (£) | Date |
|---|---|---|
| 63, Percy Road, W12 9PX | 750,000 |
31/03/2010 |
| 113, Galloway Road, W12 0PH | 496,450 |
31/03/2010 |
| 49, Fitzneal Street, W12 0BA | 319,000 |
31/03/2010 |
| 42, Ollgar Close, W12 0NG | 70,500 |
30/03/2010 |
| 3, Leysfield Road, W12 9JF | 285,000 |
26/03/2010 |
| 43, Aylmer Road, W12 9LG | 404,000 |
26/03/2010 |
| 3a, Thorpebank Road, W12 0PG | 445,000 |
24/03/2010 |
| 31, Aylmer Road, W12 9LG | 385,000 |
23/03/2010 |
| 50, Greenside Road, W12 9JG | 342,000 |
22/03/2010 |
| 13, Flat A, Keith Grove, W12 9EY | 446,733 |
19/03/2010 |
| Lytten Court, 55, Flat 9, Becklow Road, W12 9HN | 108,600 |
18/03/2010 |
| 58, Davisville Road, W12 9SJ | 250,000 |
18/03/2010 |
| 14, Loftus Road, W12 7EN | 371,000 |
12/03/2010 |
| 21, Ormiston Grove, W12 0JR | 980,000 |
12/03/2010 |
| 25, Hadyn Park Road, W12 9AQ | 660,000 |
11/03/2010 |
| 65, Flat 3, Coningham Road, W12 8BS | 239,950 |
11/03/2010 |
| 17, Flat B, Askew Road, W12 9AD | 210,000 |
08/03/2010 |
| 16, Warbeck Road, W12 8NT | 655,000 |
05/03/2010 |
| 27, Flat 2, Boscombe Road, W12 9HS | 359,995 |
05/03/2010 |
| 18a, Basement Flat, Woodstock Grove, W12 8LE | 310,000 |
05/03/2010 |
| Grey House, Flat 57, White City Estate, W12 7QP | 175,000 |
05/03/2010 |
| 27, Clematis Street, W12 0QG | 375,000 |
05/03/2010 |
| 60, Jeddo Road, W12 9EQ | 365,000 |
03/03/2010 |
| 77, Garden Flat, Lime Grove, W12 8EE | 332,000 |
01/03/2010 |
If you are a member of this site and don't want details of a property that you have bought or sold displayed here just let us know and we will remove it.
Source: Land Registry
October 4, 2010
