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Property prices in Ealing stage a recovery

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In the midst of turmoil in world financial markets the most recent figures on the local property market provide some crumb of comfort for Ealing home owners.

Despite the credit crunch having already started to bite during the Summer months the average price of homes in Ealing not only held firm but actually saw a strong rally. In W5 the average was up significantly so far in the third quarter to £474,221 approaching peak levels for the post code area.

A similar picture has emerged in the W13 area where prices recorded so far for the third quarter average £419,771 well up on the previous quarter.

Estate agents have generally tried to talk the market down in recent months because, whilst sellers have been reluctant to cut prices, buyers have been expecting to get bargains. As yet there appears to be little sign of distressed sellers so volumes of transactions have fallen dramatically leading to widespread lay offs at local agents.

Independent analysis of the local market suggests that demand for family homes remains strong in this area and, with many people still sitting on large equity gains from previous property purchases there are still enough buyers to support prices. With the sharp falls in world financial markets

In the second quarter the average property in the W5 post code area was £387,849 down 7.6% from a year ago according to the Land Registry figures. In W13 prices were down by 5.5% to £371,036.

The numbers are subject to revision as usually some properties are added late to the Land Registry's database.

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.

The data is derived from Land Registry figures and supplied to use by www.mouseprice.com.

Properties Sold in the W5 Area

Date  Address
Price 
20/08/08 144, St Pauls Close  W5 3JZ £310,000
18/08/08 25, Flat 3, Montpelier Road  W5 2QT £428,000
15/08/08 54, Webster Gardens  W5 5NH £925,000
14/08/08 10, Coningsby Road  W5 4HR £350,000
12/08/08 3, Hollies Road  W5 4UU £230,000
11/08/08 34, Murray Road  W5 4XS £272,000
08/08/08 15, Elm Avenue  W5 3XA £1,500,000
08/08/08 15, Gumleigh Road  W5 4UX £362,000
07/08/08 11, Murray Road  W5 4XR £580,000
04/08/08 67, Fowlers Walk  W5 1BQ £399,000
01/08/08 3a, Craven Avenue  W5 2SY £337,000
01/08/08 Thackeray Court, Flat 39, Hanger Vale Lane  W5 3AT £310,000
01/08/08 18, Dorset Road  W5 4HU £535,000
31/07/08 18, Delamere Road  W5 3JR £660,000
31/07/08 3, Chandos Avenue  W5 4EP £260,000
31/07/08 205, Popes Lane, Hounslow  W5 4NH £685,000
30/07/08 Carillon Court, Flat 19, Oxford Road  W5 3SX £300,000
28/07/08 27, Woodfield Crescent  W5 1PD £415,000
25/07/08 20, Swyncombe Avenue  W5 4DS £540,000
25/07/08 67, Western Road  W5 5DT £556,000
24/07/08 Gilbert Court, Flat 18, Green Vale  W5 3AX £249,950
24/07/08 2, Baronsmede Court  W5 4LN £275,000
23/07/08 75, Flat 5, Madeley Road  W5 2LT £240,000
23/07/08 8, Disraeli Road  W5 5HP £875,000
18/07/08 47, Wellington Road  W5 4UJ £318,000
18/07/08 51, Murray Road  W5 4XR £332,000
17/07/08 12, Marlborough Road  W5 5NY £795,000
16/07/08 36, Lynwood Road  W5 1JJ £580,000
11/07/08 25, Cleveley Crescent  W5 1DZ £300,000
11/07/08 60, Ground Floor Flat, Windermere Road  W5 4TD £275,500
07/07/08 42a, Windsor Road  W5 5PE £150,000
04/07/08 8, Flat 5, Castlebar Road  W5 2DP £160,000
04/07/08 181a, South Ealing Road  W5 4RH £187,500
02/07/08 141, Little Ealing Lane  W5 4EJ £279,999
01/07/08 Queensgate Terrace, 6, Castlebar Park  W5 1HR £1,260,000
01/07/08 25, Queens Gardens  W5 1SE £840,000

Properties Sold in the W13 Area

Date  Address
Price 
19/08/08 5, Waldeck Road  W13 8LY £1,010,000
18/08/08 37, Bedford Road  W13 0SP £325,000
15/08/08 St Stephens Court, 12a, St Stephens Road  W13 8HX £385,000
15/08/08 16, Broughton Road  W13 8QW £650,000
14/08/08 9, Woodbury Park Road  W13 8DD £435,000
11/08/08 53, Loveday Road  W13 9JT £825,000
11/08/08 17, Mervyn Road  W13 9UW £500,000
07/08/08 Falcon House, Flat 23, Gurnell Grove  W13 0AE £93,000
04/08/08 St Stephens Court, Flat 22, The Avenue  W13 8HX £370,000
01/08/08 30, Leyborne Avenue  W13 9RA £485,000
30/07/08 17, Belsize Avenue  W13 9TF £315,000
29/07/08 69 Target House, Flat 46, Sherwood Close  W13 9YR £89,950
25/07/08 18, Flat 3a, Argyle Road  W13 8AA £148,000
25/07/08 52, Glenfield Road  W13 9JZ £250,000
25/07/08 8, Flat 2, Culmington Road  W13 9NR £249,600
25/07/08 Banbury Court, Flat 10, Woodstock Avenue  W13 9UF £260,000
21/07/08 55, Salisbury Road  W13 9TT £340,000
18/07/08 28a, Leighton Road  W13 9EH £394,000
18/07/08 93a, Westfield Road  W13 9JJ £250,000
18/07/08 11, Wyndham Road  W13 9TE £375,000
18/07/08 45, Midhurst Road  W13 9XS £290,000
17/07/08 55, Eccleston Road  W13 0RA £230,000
15/07/08 15 Frobisher Court, Flat 18, Cleveland Road  W13 8BD £282,500
14/07/08 5, Charles Road  W13 0ND £240,000
14/07/08 8, Green Avenue  W13 9RW £310,000
11/07/08 8, Brentside Close  W13 0BD £310,000
11/07/08 17, Argyle Road  W13 0LW £337,500
11/07/08 80, Adelaide Road  W13 9EB £500,000
11/07/08 43, Northcroft Road  W13 9SS £249,500
11/07/08 48, Ridley Avenue  W13 9XW £350,000
10/07/08 Kestrel House, Flat 265, Gurnell Grove  W13 0AD £95,000
10/07/08 26, Hessel Road  W13 9ES £409,000
10/07/08 40, Culmington Road  W13 9NH £1,140,000
10/07/08 50, Wyndham Road  W13 9TE £643,000
09/07/08 31c, Kent Gardens  W13 8BU £235,000
04/07/08 29b, Adelaide Road  W13 9ED £265,000
04/07/08 13, Regina Road  W13 9EE £490,000
03/07/08 68, Sydney Road  W13 9EY £495,000
02/07/08 Orchard Way, Edgehill Road  W13 8HW £1,750,000

 

Source: Land Registry/Mouseprice

October 10, 2008