House prices make a good start to the year
|
The latest figures from the Land Registry are suggesting that Ealing property prices have made a steady start to the year.
The average price in the W5 post code area of sales reported so far this year is £446,997. This is more or less in line with the average for the final three months of 2010 but represents a bounce back from the lower levels seen in November and December. The figures include the sale of a home in Warwick Road for £1,632,500.
West Ealing (W13) saw a similar recovery with prices averaging £419,984 since the new year. This is well above the levels seen in the fourth quarter although the average was boosted by two million pound plus property sales in Amherst Avenue and North Avenue.
London property prices overall are up by 3.2% in February compared to last year. Prices were down marginally on the previous month. This is still highest level in the country with the North East seeing prices fall by 7.1% in the same period. Nationally prices fell by 1.7% in February 2011 compared with February 2010.
This brings the average property price to £341,048, in comparison to the figure for England and Wales, which is £162,215.
Longer term London has also significantly outperformed the rest of the country according to the Nationwide House Price Index, with prices up 17% over the last five years. This compares to a modest 1.3% increase across the UK as a whole. Over the same period, the North was the worst performing region, with prices down 7.8%.
Commenting on the figures, Robert Gardner, Nationwide's Chief Economist, said, “Demand for homes has levelled out, supported by historically low interest rates and some stabilisation in the labour market. The continued uncertain outlook for the economy is likely to keep many potential buyers on the sidelines for some time yet. “Nevertheless, there are few signs of a glut of unsold homes building up on the market. Sellers remain reluctant to accept lower prices to secure a sale. In fact there are tentative signs that the volume of homes coming onto the market is slowing.”
The latest reported sales are given in the table below.
The numbers below are subject to revision as is it usual that some properties are added late to the Land Registry's database.
Properties Sold in the W5 Area in January 2011
| Address | Price (£) |
Deed Date |
| 29, Lanark Close, W5 1SN | 470,000 |
31/01/2011 |
| Corrigan Court, 27, Granville Gardens, W5 3PA | 342,000 |
31/01/2011 |
| Corrigan Court, 17, Granville Gardens, W5 3PA | 297,000 |
31/01/2011 |
| Corrigan Court, 2, Granville Gardens, W5 3PA | 280,000 |
31/01/2011 |
| Corrigan Court, 9, Granville Gardens, W5 3PA | 217,000 |
31/01/2011 |
| Corrigan Court, 18, Granville Gardens, W5 3PA | 465,000 |
31/01/2011 |
| 37, Flat 5, Inglis Road, W5 3RL | 240,000 |
28/01/2011 |
| 34, Woodfield Avenue, W5 1PA | 650,000 |
28/01/2011 |
| 46, Clovelly Road, W5 5HE | 795,000 |
28/01/2011 |
| 28, Woodfield Crescent, W5 1PD | 540,000 |
28/01/2011 |
| 57, Fordhook Avenue, W5 3LS | 825,000 |
28/01/2011 |
| 12, Northcote Avenue, W5 3UR | 382,000 |
27/01/2011 |
| 62, Lynwood Road, W5 1JG | 585,000 |
26/01/2011 |
| Thorpe Hall, 27, Eaton Rise, W5 2HB | 215,000 |
25/01/2011 |
| 3, Cedar Grove, W5 4AP | 324,950 |
24/01/2011 |
| Boston Lodge, 13, Windmill Road, W5 4BT | 245,000 |
21/01/2011 |
| 4, St Marys Road, W5 5ES | 390,000 |
21/01/2011 |
| 28, Flat 2, Mount Park Crescent, W5 2RN | 338,000 |
21/01/2011 |
| 50, Swyncombe Avenue, W5 4DS | 435,000 |
18/01/2011 |
| 32, Flat 3, Mattock Lane, W5 5BH | 300,000 |
18/01/2011 |
| 10b, Granville Gardens, W5 3PA | 325,000 |
17/01/2011 |
| Castlebar Court, Flat 7, Queens Walk, W5 1TP | 154,000 |
14/01/2011 |
| 47, Baronsmede, W5 4LS | 875,000 |
14/01/2011 |
| Thackeray Court, Flat 29, Hanger Vale Lane, W5 3AT | 400,000 |
14/01/2011 |
| 73, Park View Road, W5 2JF | 585,000 |
14/01/2011 |
| 73, Cleveley Crescent, W5 1DZ | 290,000 |
12/01/2011 |
| 86, Lawrence Road, W5 4XH | 475,000 |
12/01/2011 |
| 18, Birkdale Road, W5 1JZ | 1,200,000 |
12/01/2011 |
| 54, Wellington Road, W5 4UH | 650,000 |
11/01/2011 |
| Marryatt Court, Flat 6, Green Vale, W5 3AU | 325,000 |
11/01/2011 |
| 121, Carlyle Road, W5 4BP | 312,000 |
10/01/2011 |
| 34, Darwin Road, W5 4BD | 405,000 |
10/01/2011 |
| 6, Warwick Place, W5 5PS | 317,500 |
10/01/2011 |
| Nickelby House, 33, Flat 1, South Ealing Road, W5 4QT | 203,000 |
07/01/2011 |
| 7, Corringway, W5 3AB | 875,000 |
07/01/2011 |
| 16, Garrick Close, W5 1AS | 205,000 |
06/01/2011 |
| 26, Garrick Close, W5 1AS | 102,500 |
06/01/2011 |
Properties Sold in the W13 Area in January 2011
| Address | Price (£) |
Deed Date |
| 14, Amherst Avenue, W13 8NQ | 1,080,000 |
31/01/2011 |
| 84, Adelaide Road, W13 9EB | 457,500 |
31/01/2011 |
| 23, Ground Floor Flat, Leighton Road, W13 9EL | 238,000 |
28/01/2011 |
| 1, Chester Gardens, W13 8EP | 625,000 |
26/01/2011 |
| Broughton Court, 14, Broughton Road, W13 8QN | 270,000 |
26/01/2011 |
| 126, Broadway, W13 0SY | 325,000 |
22/01/2011 |
| 75, Ground Floor Flat, Lavington Road, W13 9LR | 290,000 |
21/01/2011 |
| 1, Woodstock Avenue, W13 9UQ | 530,000 |
21/01/2011 |
| 4, North Avenue, W13 8AP | 1,270,000 |
21/01/2011 |
| 4, North Avenue, W13 8AP | 1,270,000 |
21/01/2011 |
| 13, Regina Road, W13 9EE | 460,000 |
21/01/2011 |
| 111, Coldershaw Road, W13 9DU | 225,000 |
21/01/2011 |
| 36, Manor Road, W13 0JA | 130,000 |
18/01/2011 |
| 14, Westfield Road, W13 9JR | 280,000 |
14/01/2011 |
| 120, Salisbury Road, W13 9TT | 460,000 |
14/01/2011 |
| 26, Jefferson Close, W13 9XJ | 200,000 |
14/01/2011 |
| 4, Denmark Road, W13 8RG | 550,000 |
14/01/2011 |
| 78, Hessel Road, W13 9ET | 425,000 |
14/01/2011 |
| 43, Sydney Road, W13 9EZ | 243,000 |
14/01/2011 |
| 27, Camborne Avenue, W13 9QZ | 485,000 |
14/01/2011 |
| Devonshire House, 201 - 211, Flat 8, Northfield Avenue, W13 9QU | 250,000 |
11/01/2011 |
| 4, First Floor Flat, Kirn Road, W13 0UB | 210,000 |
07/01/2011 |
| 79, Alexandria Road, W13 0NR | 418,000 |
07/01/2011 |
| 8, Dell Way, W13 8JH | 705,000 |
07/01/2011 |
| Craig House, Flat 50, Hartington Road, W13 8QJ | 282,500 |
07/01/2011 |
| 49, Dudley Gardens, W13 9LU | 230,000 |
07/01/2011 |
| 101, Adelaide Road, W13 9ED | 648,000 |
06/01/2011 |
Source: Land Registry
Data in this report is subject to crown copyright protection.
12 April 2011