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Prices appear stable in November
The latest figures from the Land Registry show prices broadly in line with the previous month though volumes remain very low.
The average price of a Chiswick property reported as sold so far in November 2008 is £537,067 compared to £505,532 in October and £564,594 in the previous quarter. However with just 19 properties having changed hands for the period it is hard to conclude that the numbers are truly representative.
The numbers provide a stark contrast to September which saw an average of £611,249 (revised up from the previously reported number). There were 5 properties changing hands for over £1 million a relatively high figure compared to previous months.
During the third quarter of the year prices rose by 7.9% compared to the previous three months. This put the average price of a Chiswick property for the period at £564,594.
The table below shows the details of individual property transactions in the Chiswick area most recently reported to the Land Registry.
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Source: Land Registry
April 18, 2009