Home values retrace gains seen earlier in the year
The latest prices for property in the Acton area suggest that the strong surge in prices seen during January and February has not been sustained. Both months saw and average of over £350,000 but since the beginning of March property sales averaged just over £300,000 according to Land Registry figures. This is still above the levels seen at the end of 2009.
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.
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Properties Sold in Acton W3 - March 2010
Address |
Price (£) |
Date
|
20, Friars Place Lane, W3 7AP |
495,000 |
23/04/2010 |
42, Agnes Road, W3 7RF |
482,000 |
16/04/2010 |
44, Maldon Road, W3 6SZ |
592,000 |
15/04/2010 |
3, Myrtle Road, W3 6DX |
339,950 |
15/04/2010 |
54, Chatsworth Gardens, W3 9LW |
307,800 |
12/04/2010 |
11, First Avenue, W3 7JP |
357,340 |
12/04/2010 |
61, Chatsworth Gardens, W3 9LP |
790,000 |
09/04/2010 |
Gloucester Court, Flat 7, Links Road, W3 0EW |
307,000 |
09/04/2010 |
37, Long Drive, W3 7PJ |
382,500 |
09/04/2010 |
Bromyard House, Flat 402, Bromyard Avenue, W3 7BU |
330,500 |
09/04/2010 |
98, Perryn Road, W3 7LU |
225,000 |
07/04/2010 |
45, Ramsay Road, W3 8AZ |
250,000 |
01/04/2010 |
Tignel Court, Flat 28, Boddington Gardens, W3 9AR |
340,000 |
01/04/2010 |
37, Highfield Road, W3 0AJ |
180,000 |
01/04/2010 |
Vandervell Court, Flat 55, Larden Road, W3 7EU |
385,000 |
31/03/2010 |
Essex House, Flat 5, Links Road, W3 0EJ |
314,000 |
31/03/2010 |
88, Mill Hill Road, W3 8JJ |
395,000 |
31/03/2010 |
Lawrence Court, Flat 26, Palmerston Road, W3 8FF |
50,625 |
31/03/2010 |
2, Acacia Road, W3 6HF |
342,000 |
31/03/2010 |
163a, Valetta Road, W3 7TA |
325,500 |
31/03/2010 |
45, Leythe Road, W3 8AW |
530,000 |
30/03/2010 |
Western Court, Flat 10, Rosebank Way, W3 6TU |
220,000 |
30/03/2010 |
Tesla Court, Flat 74, Warple Way, W3 7AT |
128,000 |
29/03/2010 |
Bryant Court, 278, Flat 21, The Vale, W3 7QB |
250,000 |
26/03/2010 |
Bromyard House, Flat 404, Bromyard Avenue, W3 7BU |
242,000 |
26/03/2010 |
Anthony Court, Flat 6, Larden Road, W3 7DY |
232,500 |
26/03/2010 |
Bromyard House, Flat 400, Bromyard Avenue, W3 7BU |
380,000 |
25/03/2010 |
Frampton Court, 76, Flat 48, Cheltenham Place, W3 8UT |
135,000 |
25/03/2010 |
Block M3, Unit 2, Larden Road, W3 7RP |
335,000 |
25/03/2010 |
4c, Essex Road, W3 9JA |
244,000 |
24/03/2010 |
Block M3, Unit 2, Larden Road, W3 7RP |
340,000 |
23/03/2010 |
27, Mansell Road, W3 7QH |
499,950 |
19/03/2010 |
83, Old Oak Road, W3 7HP |
490,000 |
19/03/2010 |
Anthony Court, Flat 37, Larden Road, W3 7DY |
230,000 |
19/03/2010 |
48, Northfields Road, W3 0NW |
342,000 |
19/03/2010 |
Pegasus Court, 194, Flat 21, Horn Lane, W3 6PT |
174,950 |
18/03/2010 |
387, Flat 1, Acton Lane, W3 8NP |
191,000 |
18/03/2010 |
31, Vyner Road, W3 7LY |
495,000 |
17/03/2010 |
1, Winchester Street, W3 8PA |
221,000 |
16/03/2010 |
Poets Court, 52, Flat 4, Churchfield Road, W3 6DA |
327,500 |
15/03/2010 |
118a, Avenue Road, W3 8QG |
340,000 |
12/03/2010 |
Vandervell Court, Flat 44, Larden Road, W3 7EU |
335,000 |
12/03/2010 |
32, Second Avenue, W3 7RX |
412,500 |
11/03/2010 |
116, Long Drive, W3 7PH |
277,500 |
10/03/2010 |
Victoria Court, Flat 43, Kingsbridge Avenue, W3 9AH |
290,000 |
05/03/2010 |
Anthony Court, Flat 23, Larden Road, W3 7DY |
355,000 |
05/03/2010 |
Essex House, Flat 12, Links Road, W3 0EJ |
310,000 |
05/03/2010 |
1, Stanley Road, W3 8FE |
55,000 |
05/03/2010 |
351, Bollo Lane, W3 8QT |
320,000 |
05/03/2010 |
Anthony Court, Flat 34, Larden Road, W3 7ST |
345,000 |
05/03/2010 |
Anthony Court, Flat 38, Larden Road, W3 7DY |
113,750 |
04/03/2010 |
19b, Avenue Road, W3 8NH |
223,000 |
04/03/2010 |
7b, The Vale, W3 7SH |
137,500 |
03/03/2010 |
Block M3, Unit 2, Larden Road, W3 7RP |
340,000 |
02/03/2010 |
Block M3, Unit 2, Larden Road, W3 7RP |
335,000 |
02/03/2010 |
Block M3, Unit 2, Larden Road, W3 7RP |
335,000 |
02/03/2010 |
Fells Haugh, Flat 3, Horn Lane, W3 9EB |
220,000 |
01/03/2010 |
Lawrence Court, Flat 15, Palmerston Road, W3 8FF |
133,750 |
01/03/2010 |
Bromyard House, Flat 185, Bromyard Avenue, W3 7BN |
475,000 |
01/03/2010 |
Reade Court, Flat 54, Stanley Road, W3 8FE |
196,875 |
01/03/2010 |
Blackmore Tower, Flat 65, Stanley Road, W3 8UE |
160,000 |
01/03/2010 |
Previous Property Sales in Acton
September 14, 2010
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