Chiswick House Prices Averaging Over a Mlillion

Market appears to have reach yet new heights in recent months

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The average price of a property reported to the Land Registry as sold in Chiswick since the beginning of October is over one million pounds.

There have been 98 transactions since that date in the W4 post code area at an average of £1,047,390.

The Land Registry is due to release official numbers for the fourth quarter of 2013 in the second week of February but at this stage it looks like the market hit new highs towards the end of last year. Some local agents believe the average may fall below a million due to the tendency of higher priced sales to be processed more quickly.

The period includes the sale of Zachary House at £6,850,000, the second most expensive residential property to change hands in Chiswick. If you exclude this from the average prices would still appear to be at record levels although just under £1,000,000.

Chiswick Top Ten Most Expensive Homes

The Georgian house has more than 8,500sq ft of internal space including six bedrooms, a library, staff quarters, two balconies and three terraces and overlooks Oliver's Island.

According to the RICS Residential Market Survey, the number of homes sold per chartered surveyor in London reached its highest point since October 2010 in December as the recovery in the capital’s property sector continued.

Over the festive period, the average number of transactions per surveyor in London, reached 16 - over treble that of the lowest point of the downturn back in February 2009 when respondents were selling a mere 6. With more sales now going through, growth in demand for rented accommodation has fallen again as a growing number of renters opt to test the sales market.

Meanwhile, with the amount of homes coming onto the market still nowhere near enough to meet the higher level of demand, prices continue to rise. In London during December, a net balance of 99 percent more chartered surveyors reported growing prices. Significantly, every area of the UK saw prices increase with London and the South East experiencing the biggest jumps.

Peter Bolton King, RICS Global Residential Director, commented: “The housing market is starting to thrive once more. Sales are at their highest level in almost six years and this is being reflected right across the UK. Growing availability of affordable mortgages has released some pent-up demand from a market that, in recent years, has seen many viable buyers unable to enter the market. On the face of it, this seems like good news but unless we see a marked increase in the number of homes coming up for sale we could well be looking at a price rises becoming unsustainable in some areas.”

The October data from Land Registry's House Price Index shows that London remains the best performing property market in England and Wales. The average price of a home in the capital rose by 8.7% over the year to £390,720 although it was slightly down on the previous month.

For the country as a whole prices rose by 3.1% which takes the average property value in England and Wales to £165,515. Repossession volumes decreased by 29 per cent in August 2013 to 1,200 compared to 1,682 in August 2012.

The most up-to-date figures available show that during August 2013 the number of completed house sales in England & Wales increased by 15 per cent to 74,767 compared with 65,014 in August 2012

The number of properties sold in England and Wales for over £1 million in August 2013 increased by 27 per cent to 1,104 from 871 in August 2012

If you want to receive regular updates on the Chiswick property market with informed comment from the best local agents sign up for our weekly e-mail newsletter by clicking here.

ChiswickW4.com is the only place that you will find detailed analysis of the Chiswick property market. Over 10,000 property details are viewed on the site each month.

October/November 2013 Property Sales in Chiswick

Deed Date Address Price (£)
26/11/2013 11 Montgomery Road, W4 5LZ
975,000
25/11/2013 21 Florence Road, W4 5DP
351,500
25/11/2013 Flat 5, 136 Barrowgate Road, W4 4QP
399,950
22/11/2013 371 Chiswick High Road, W4 4AG
670,000
22/11/2013 23 Barrowgate Road, W4 4QX
1,565,000
22/11/2013 4 Thornton Avenue, W4 1QG
1,621,500
20/11/2013 5, Braid Court, Lawford Road, W4 3HS
870,000
18/11/2013 30 Chiswick Village, W4 3BY
341,000
15/11/2013 Flat 10, Magdalen House, Devonshire Street, W4 2AY
475,000
15/11/2013 83a Southfield Road, W4 1BB
520,000
15/11/2013 Flat 8, 68 Grove Park Road, W4 3QA
700,000
15/11/2013 Flat 11, 520 Chiswick High Road, W4 5RG
725,000
15/11/2013 76 Devonshire Road, W4 2HS
1,102,005
14/11/2013 1 Dartmouth Place, W4 2RH
775,000
12/11/2013 5 Meadow Place, Edensor Road, W4 2SY
750,000
11/11/2013 14, Millers Court, Chiswick Mall, W4 2PF
1,200,000
08/11/2013 41 Elmwood Road, W4 3DY
1,295,000
07/11/2013 37 Carlton Road, W4 5DY
840,000
07/11/2013 20 Speldhurst Road, W4 1BU
1,108,000
05/11/2013 21 Netheravon Road, W4 2NA
2,190,000
04/11/2013 81 Stile Hall Gardens, W4 3BT
1,290,000
04/11/2013 36 Ennismore Avenue, W4 1SF
1,450,000
01/11/2013 13, Ellesmere Court, Ellesmere Road, W4 4QJ
223,500
01/11/2013 13 Strauss Road, W4 1DL
925,000
01/11/2013 130 Duke Road, W4 2DF
1,100,000
01/11/2013 41 Abinger Road, W4 1EU
1,600,000
01/11/2013 13 Marlborough Crescent, W4 1HE
2,450,000
31/10/2013 Flat 12, 1 Marlborough Road, W4 4AZ
690,000
31/10/2013 31 Cunnington Street, W4 5ER
730,000
31/10/2013 16 Upham Park Road, W4 1PG
1,200,000
31/10/2013 139 Park Road, W4 3EX
1,450,000
30/10/2013 49 The Avenue, W4 1HD
1,400,000
30/10/2013 31 Netheravon Road, W4 2NA
2,175,000
29/10/2013 70 Waldeck Road, W4 3NU
762,500
29/10/2013 178 Devonshire Road, W4 2AW
945,000
29/10/2013 44 Grosvenor Road, W4 4EG
1,625,000
28/10/2013 146 Chiswick Village, W4 3DG
415,000
28/10/2013 40 Fletcher Road, W4 5AS
620,000
25/10/2013 397a Chiswick High Road, W4 4AR
280,000
25/10/2013 35 Oxford Road South, W4 3DJ
281,000
25/10/2013 60 Watchfield Court, Sutton Court Road, W4 4NB
375,000
25/10/2013 Flat 12, Magdalen House, Devonshire Street, W4 2AY
475,000
25/10/2013 Flat 3, Autumn Rise 14a, Sutton Court Road, W4 4NG
557,000
25/10/2013 10 Short Road, W4 2QU
675,500
25/10/2013 17 Wolseley Gardens, W4 3LY
985,000
25/10/2013 33 Elmwood Road, W4 3DY
1,295,000
25/10/2013 63b Barrowgate Road, W4 4QT
1,680,000
25/10/2013 34 Fairlawn Grove, W4 5EH
1,685,000
24/10/2013 14a Oxford Road North, W4 4DN
350,000
24/10/2013 26 Ravensmede Way, W4 1TD
750,000
24/10/2013 3 Whitehall Gardens, W4 3LT
940,000
24/10/2013 60 Netheravon Road, W4 2NB
1,250,000
23/10/2013 28 The Lindens, Hartington Road, W4 3UQ
545,000
23/10/2013 11 Cleveland Avenue, W4 1SN
1,271,000
23/10/2013 Church View House, Sutton Lane North, W4 4HD
2,375,000
21/10/2013 14a Cambridge Road North, W4 4AA
391,000
21/10/2013 42b Fauconberg Road, W4 3JU
640,000
21/10/2013 5 Fairfax Road, W4 1EN
3,200,000
18/10/2013 207 Wilkinson Way, W4 5XL
262,500
18/10/2013 64 Silver Crescent, W4 5SE
660,000
18/10/2013 Flat 27, Prebend Mansions, Chiswick High Road, W4 2LU
815,000
18/10/2013 50 Blandford Road, W4 1DX
1,462,000
17/10/2013 Flat 5, The Gatehouse, Hogarth Lane, W4 2QN
352,000
17/10/2013 28 Ivy Crescent, W4 5NG
475,000
17/10/2013 8 Binns Road, W4 2BS
1,300,000
16/10/2013 2 Oxford Gardens, W4 3BW
381,000
16/10/2013 5, Wellington Place, Dolman Road, W4 5PS
550,000
15/10/2013 102a Grove Park Terrace, W4 3JD
830,000
14/10/2013 7a Temple Road, W4 5NW
420,000
14/10/2013 23a Staveley Gardens, W4 2SA
489,950
14/10/2013 Flat A, 13 Upham Park Road, W4 1PQ
582,000
14/10/2013 Flat 2, Parr Place 23-27, Chiswick High Road, W4 2ET
699,950
11/10/2013 Flat 4, Courtfield 53-69, Sutton Court Road, W4 3EQ
390,000
11/10/2013 1, Grosvenor Court, Grosvenor Road, W4 4EF
396,000
11/10/2013 Flat 3, 8 Queen Annes Grove, W4 1HN
650,000
11/10/2013 Flat 13, Sydney House, Woodstock Road, W4 1DP
935,000
08/10/2013 24 Hawkshead Road, W4 1AD
859,950
07/10/2013 38 Fairlawn Grove, W4 5EH
320,000
04/10/2013 7 Churton Place, Chiswick Village, W4 3BX
310,000
04/10/2013 5 Copper Mews, W4 5AQ
430,000
04/10/2013 45 Beaumont Road, W4 5AL
668,000
04/10/2013 13 Fielding Road, W4 1HP
1,000,000
03/10/2013 Flat 2, Ross House, Chiswick High Road, W4 1TS
325,000
03/10/2013 116 Staveley Gardens, W4 2SF
490,000
03/10/2013 1 Wilton Avenue, W4 2HX
940,000
03/10/2013 35 Wilmington Avenue, W4 3HA
1,350,000
02/10/2013 14 Lattimer Place, W4 2UA
1,000,000
02/10/2013 52 Homefield Road, W4 2LW
2,600,000
01/10/2013 33 Dorchester Grove, W4 2LD
560,000
01/10/2013 45 Ernest Gardens, W4 3QU
670,000
01/10/2013 75 St. Marys Grove, W4 3LW
1,080,000
01/10/2013 93 Glebe Street, W4 2BB
1,220,500
01/10/2013 9 Gordon Road, W4 3LU
1,295,000
01/10/2013 19 Heathfield Terrace, W4 4JE
1,950,000
01/10/2013 5 Foster Road, W4 4NY
1,999,950
01/10/2013 30 Woodstock Road, W4 1UF
2,650,000
01/10/2013 39 Grove Park Gardens, W4 3RY
2,900,000
01/10/2013 70 Strand On The Green, W4 3PF
6,850,000

 

Property sales in September 2013

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Source: Land Registry

January 29, 2014

 

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