Latest homes being sold in the Ealing area

The latest figures for the local home market show that volumes are picking up after hitting a record low earlier this year.

The number of transactions is up by 70% on the previous quarter but this is still only half the level that was seen three years ago.

The trend for prices is difficult to determine. The average property price for W5 between April and June was £481,754 up by 11% on previous quarter - increased activity at top end helped average rise rather than steady increases across the board. Prices down by 4% compared to a year ago outperforming London and national average.

Terraced properties performed relatively poorly which contrasts with other areas in London.

Flats have recovered well and outperformed the market over the last three years - once again this differs from trends elsewhere in London.

The figures for England and Wales as a whole show a modest improvement in the monthly change in house prices. The June increase of 0.1 per cent is the first time the monthly change has been positive since January 2008. The annual drop of 14 per cent took the average house price to £153,046.

London experienced the greatest monthly rise with a movement of 2 per cent, making it the region with the greatest monthly change and an average property value of £301,859.

All regions in England and Wales experienced a decrease in their average property values over the last 12 months.

EalingToday.co.uk offers the only dedicated coverage of property in the Ealing area with detailed analysis and comprehensive statistics on the market. If you are buying or selling a property in the area or looking to rent make sure you are registered for our e-mail newsletter to ensure you are informed about the latest market information. To register for the free newsletter just click here.

Properties Sold in the W5 Area

Properties Sold in the W13 Area

Source: Land Registry