Nearest and Dearest

Property prices in Ealing stage a recovery

Related Links

Previous sales transactions in Ealing

Property in Ealing - Third Quarter 2008

The top twenty addresses for theW5 and W13 areas

Nearest and Dearest - Ealing's Most Expensive Roads

Participate
Sign up for our free newsletter

W5 16 £476,699

W13 12 £312,042

 

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.

Properties Sold in the W5 Area

 

Address Price (£) Deed Date
1, Brunswick Gardens, W5 1AP
420,000
27/11/2008
43, Ealing Village, W5 2LZ
240,000
26/11/2008
13, Woodfield Crescent, W5 1PD
382,000
24/11/2008
4, Priory Lodge, Castlebar Road, W5 2DE
175,000
24/11/2008
21, Westville Grange, Westbury Road, W5 2LJ
216,000
19/11/2008
Flat 3, Gilbert Court, Green Vale, W5 3AX
249,500
18/11/2008
80, Grange Road, W5 3PJ
940,000
14/11/2008
58, Castlebar Park, W5 1BU
465,000
14/11/2008
Flat 10, 33 Berkeley Court, Gordon Road, W5 2AE
310,000
12/11/2008
25, Westville Grange, Westbury Road, W5 2LJ
285,000
11/11/2008
121, Fowlers Walk, W5 1BQ
472,500
07/11/2008
19, Corfton Road, W5 2HP
1,670,000
06/11/2008
15, 22 Parklands, Mount Park Road, W5 2RS
247,180
06/11/2008
8, Hills Mews, W5 3RG
765,000
06/11/2008
86, Fordhook Avenue, W5 3LR
330,000
05/11/2008
23, Curzon Road, W5 1NE
460,000
05/11/2008

Properties Sold in the W13 Area

Address
Price
Date
50, St Kilda Road, W13 9DE
415,000
28/11/2008
62, Bellevue Road, W13 8DE
470,000
28/11/2008
Flat 2, 133 Mayo Court, Northcroft Road, W13 9TA
137,500
26/11/2008
Flat 24, Hastings House, Hastings Road, W13 8QZ
126,000
24/11/2008
59, Felix Road, W13 0NY
249,000
20/11/2008
25, Heronsforde, W13 8JE
390,000
19/11/2008
Flat 65, Falcon House, Gurnell Grove, W13 0AE
50,000
19/11/2008
25, Ridley Avenue, W13 9XW
337,000
17/11/2008
26, Salisbury Road, W13 9TX
450,000
12/11/2008
7, Ridley Avenue, W13 9XW
320,000
11/11/2008
36, Alexandria Road, W13 0NR
360,000
07/11/2008
9, Drayton Road, W13 0LD
440,000
04/11/2008

 

Source: Land Registry

December 10, 2008