Quiet end to the year for local house prices
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The average price of a home sold in W4 in December 2010 was £625,413.
After reaching record levels in the previous quarter the average price fell to £615,752 in the last quarter of 2010. This is down by 8.0% on the previous quarter but still 10.1% up on the same period last year.
"We are a little surprised at these statistics however prices typically dip at the end of a year as sellers become keener to deal and not wait until the market activity increases the following year. Already in 2011 we have seen good activity in the £750,000 plus price range with good quality property achieving top prices" reports Andrew Nunn of Andrew Nunn & Associates.
A flood of buying due to high bonuses from the City has failed to materialise and, in fact, the weakest sector of the market relatively was the top end with far fewer larger homes selling compared to previous periods. On the other hand flats, which had lagged the price increases in the area, saw an increase in price and sales during the period.
According to the Land Registry, London property prices are up by 6.2% in December compared to last year and 1% up on November 2010.
This brings the average property price to £342,325 in comparison to the figure for England and Wales, which is £163,814. Nationally prices fell marginally in December compared with the previous month and are now only 1.5% up on the year with many areas of the North experiencing price falls.
Nationwide's House Price index for December which is based on offer prices rather than actual sales like the Land Registry did show an increase.
Martin Gahbauer, Nationwide's Chief Economist, said, "When house prices are trending down only modestly rather than decisively – as has been the case in recent months – it is not unusual to a see a mixed pattern of monthly declines and occasional increases."
He added, "London and the South East saw particularly large price gains during this period (2010), as the scarcity of property was most acute in these regions. London will also have benefited from the strong recovery in the financial sector, which is an important driver of buyer confidence and housing demand in the capital."
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.
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December 2010 Property Sales in Chiswick
| Address | Price (£) |
Date |
| Goodwood House, Flat 3, Heathfield Terrace, W4 4JW | 560,000 |
22/12/2010 |
| 2, Flat 1, Devonshire Gardens, W4 3TW | 610,000 |
22/12/2010 |
| Garrick House, Flat 11, Devonshire Road, W4 2AL | 230,000 |
22/12/2010 |
| 520, Flat 7, Chiswick High Road, W4 5RG | 480,000 |
22/12/2010 |
| 138, Park Road, W4 3HP | 1,250,000 |
22/12/2010 |
| 12, Riverview Road, W4 3QH | 608,000 |
22/12/2010 |
| 69, Bollo Lane, W4 5LU | 310,000 |
21/12/2010 |
| 77, Ravensmede Way, W4 1TQ | 325,000 |
21/12/2010 |
| 520, Flat 14, Chiswick High Road, W4 5RG | 570,000 |
21/12/2010 |
| Grandfield Court, 18, Park Road, W4 3EP | 225,000 |
21/12/2010 |
| 23, Ravensmede Way, W4 1TD | 570,000 |
21/12/2010 |
| 11, Burlington Road, W4 4BQ | 365,000 |
20/12/2010 |
| 34, Woodstock Road, W4 1UF | 360,000 |
20/12/2010 |
| Flanders Mansions, Flat 43, Flanders Road, W4 1NF | 499,950 |
20/12/2010 |
| 23, Wellesley Road, W4 4BU | 1,440,000 |
20/12/2010 |
| 62, Wellesley Road, W4 3AL | 595,000 |
20/12/2010 |
| Grove House, Grosvenor Road, W4 4EJ | 1,450,000 |
17/12/2010 |
| 25, Flat 1, Spencer Road, W4 3SS | 347,500 |
17/12/2010 |
| 12, Flat 2, Arlington Gardens, W4 4EY | 325,999 |
17/12/2010 |
| 18, Ennismore Avenue, W4 1SF | 650,000 |
17/12/2010 |
| Sandra Court, 7, Spencer Road, W4 3SU | 335,000 |
17/12/2010 |
| Flanders Mansions, Flat 7, Flanders Road, W4 1NE | 492,000 |
17/12/2010 |
| 520, Flat 17, Chiswick High Road, W4 5RG | 570,000 |
17/12/2010 |
| 35, Flat B, Eastbury Grove, W4 2JT | 455,000 |
17/12/2010 |
| 62, Staveley Gardens, W4 2SA | 250,000 |
17/12/2010 |
| 19, Brooks Road, W4 3BL | 249,950 |
17/12/2010 |
| 192, Chiswick Village, W4 3DG | 270,000 |
17/12/2010 |
| 124, Sutton Court, W4 3EF | 320,000 |
17/12/2010 |
| 39, Stile Hall Gardens, W4 3BT | 1,000,000 |
17/12/2010 |
| 50, Thorney Hedge Road, W4 5SD | 700,000 |
17/12/2010 |
| 102, Staveley Gardens, W4 2SE | 345,000 |
17/12/2010 |
| 59, Beaumont Road, W4 5AL | 930,000 |
17/12/2010 |
| 123a, St Albans Avenue, W4 5JS | 405,000 |
17/12/2010 |
| 33, Flat 2, Grove Park Gardens, W4 3RY | 324,000 |
16/12/2010 |
| Burlington Court, Flat 12, Spencer Road, W4 3SY | 266,000 |
15/12/2010 |
| 269, Chiswick Village, W4 3DF | 271,500 |
15/12/2010 |
| 55, Paxton Road, W4 2QT | 577,500 |
15/12/2010 |
| Troubridge Court, Apartment 12, Marlborough Road, W4 4EW | 420,000 |
13/12/2010 |
| 61a, Bollo Lane, W4 5LU | 409,950 |
13/12/2010 |
| Fairlawn Court, 2, Acton Lane, W4 5EE | 455,000 |
13/12/2010 |
| 43, Flat 10, Grove Park Road, W4 3RU | 635,000 |
10/12/2010 |
| 34, Flat 2, Prebend Gardens, W4 1TW | 375,000 |
10/12/2010 |
| 107, Wilkinson Way, W4 5XF | 162,500 |
10/12/2010 |
| 520, Flat 16, Chiswick High Road, W4 5RG | 535,000 |
10/12/2010 |
| 7, Woodstock Road, W4 1DS | 2,350,000 |
10/12/2010 |
| 1, Evelyn Road, W4 5JL | 735,000 |
10/12/2010 |
| 50, The Avenue, W4 1HR | 743,650 |
10/12/2010 |
| 10, Grove Park Terrace, W4 3QG | 800,000 |
10/12/2010 |
| 42, Bollo Lane, W4 5LT | 625,000 |
10/12/2010 |
| 177, St Albans Avenue, W4 5JT | 835,000 |
10/12/2010 |
| 3, Annandale Road, W4 2HE | 250,000 |
09/12/2010 |
| 51, Wavendon Avenue, W4 4NT | 1,405,000 |
09/12/2010 |
| 72, Ramillies Road, W4 1JA | 1,510,000 |
08/12/2010 |
| 18, Coniston Close, W4 3UG | 280,000 |
08/12/2010 |
| 18, Speldhurst Road, W4 1BU | 799,950 |
08/12/2010 |
| 40, Fielding Road, W4 1HL | 875,000 |
08/12/2010 |
| 44, Esmond Road, W4 1JQ | 2,300,000 |
07/12/2010 |
| 19, Kingscote Road, W4 5LJ | 825,000 |
07/12/2010 |
| 72, Speldhurst Road, W4 1BZ | 600,000 |
06/12/2010 |
| 30a, Thornton Avenue, W4 1QG | 590,000 |
06/12/2010 |
| 560, Flat 202, Chiswick High Road, W4 5RR | 305,000 |
06/12/2010 |
| 219b, Acton Lane, W4 5DD | 315,000 |
06/12/2010 |
| 30, Thornton Avenue, W4 1QG | 590,000 |
06/12/2010 |
| 136, Sutton Court Road, W4 3HT | 1,320,000 |
06/12/2010 |
| 5, Shirley Road, W4 1DD | 650,000 |
06/12/2010 |
| 35, Swanscombe Road, W4 2HL | 682,500 |
06/12/2010 |
| 377, Flat 7, Chiswick High Road, W4 4AG | 250,000 |
03/12/2010 |
| Heathfield Court, 64, Heathfield Terrace, W4 4LS | 410,000 |
03/12/2010 |
| 92, Ground Floor Flat, Dukes Avenue, W4 2AF | 470,000 |
03/12/2010 |
| 69, Brookfield Road, W4 1DF | 790,000 |
03/12/2010 |
| 7, Lower Maisonette, Ashbourne Grove, W4 2JH | 345,000 |
03/12/2010 |
| 52, Chiswick Lane, W4 2JQ | 750,000 |
03/12/2010 |
| 13, South Parade, W4 1JU | 465,000 |
02/12/2010 |
| 46, Wellesley Road, W4 4BZ | 1,050,000 |
02/12/2010 |
| 23, The Lindens, W4 3UQ | 465,000 |
01/12/2010 |
* Some properties excluded from this table at owners' request
Property sales in November 2010
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Source: Land Registry
April 13, 2011
