Property Bargains to be had in Acton ?


Return of the sub-£100,000 home to W3

The latest figures from the Land Registry show properties in the area are starting to change hands at under £100,000 for the first time in several years.

A flat on Victoria Road was sold for £80,000 in July, the lowest price in the W3 post code area since 1996. Another property in Horn Lane was sold for £95,000 in June.

Overall, the figures suggest a more positive picture for local property. In the latter part of 2008 and early 2009 volume levels were consistently hitting new all time lows leading to some agents shutting up shop or switching their local office to lettings only.

The more recent numbers show a welcome recovery with the number of transactions in the second quarter up by 135% compared to the previous three months. This is still below half the level seen a few years ago and with fewer than one property a day changing hands in the W3 area, pickings remain slim for the local agents that remain. Further retrenchment remains a possibility.

The headline average price remains stable down by 9.3% over the last 12 months but this has been supported by house sales increasing more rapidly than flats. Developers have been taking some of their new schemes off the market after poor sales in the hope of finding tenants for them. Flat prices are down by 11.2% over the last year. The average property in Acton now costs £322,735.

The figures for England and Wales as a whole show a modest improvement in the monthly change in house prices. The June increase of 0.1 per cent is the first time the monthly change has been positive since January 2008. The annual drop of 14 per cent took the average house price to £153,046.

London experienced the greatest monthly rise with a movement of 2 per cent, making it the region with the greatest monthly change and an average property value of £301,859.

All regions in England and Wales experienced a decrease in their average property values over the last 12 months.

If you are thinking of selling or buying in the area - tell your estate agent you use ActonW3.com. The site offers the only exclusive coverage of the local property market available anywhere.

A regular market review of the local property scene appears on the site. You can click here for the latest update and analysis.

If your agent is claiming to be marketing your property effectively and it doesn't appear on ActonW3.com it may be time to choose a new agent.

Properties Sold in Acton W3 - June 2009

Address

Price (£)

Date

67, Saxon Drive, W3 0NX
250,000
30/06/2009
Flat 20, 253 Acton House, Horn Lane, W3 9EJ
95,000
30/06/2009
3, Cecil Road, W3 0DA
360,000
26/06/2009
5, Twyford Crescent, W3 9PP
760,000
26/06/2009
3, St Dunstans Gardens, W3 6QG
435,000
26/06/2009
Ground Floor Flat, 13, Old Oak Road, W3 7HN
410,000
26/06/2009
57c, Summerlands Avenue, W3 6EW
215,000
24/06/2009
97, Churchfield Road, W3 6AH
107,750
23/06/2009
7, Greenview Close, W3 7DZ
215,000
23/06/2009
56, Agnes Road, W3 7RF
562,000
22/06/2009
15b, First Avenue, W3 7JP
290,000
22/06/2009
78a, Valetta Road, W3 7TW
280,000
19/06/2009
129, Princes Gardens, W3 0LR
459,500
19/06/2009
76, Twyford Avenue, W3 9QB
730,000
19/06/2009
38, Bollo Bridge Road, W3 8AT
390,000
19/06/2009
21, Larden Road, W3 7ST
500,000
19/06/2009
33, Nemoure Road, W3 6NZ
400,000
19/06/2009
Flat 22, Charles Court, Larden Road, W3 7DR
280,000
16/06/2009
9, Cowper Road, W3 6PZ
380,000
15/06/2009
25, Princes Gardens, W3 0LX
495,000
15/06/2009
Flat 336, Bromyard House, Bromyard Avenue, W3 7BS
370,000
15/06/2009
388, Western Avenue, W3 0PL
265,000
15/06/2009
Flat 40, Bromyard House, Bromyard Avenue, W3 7BE
205,000
12/06/2009
Flat 368, Bromyard House, Bromyard Avenue, W3 7BU
250,000
12/06/2009
21, Cotton Avenue, W3 6YE
169,000
12/06/2009
Flat 4, 29, Avenue Gardens, W3 8HB
270,000
12/06/2009
7, Avenue Crescent, W3 8ES
377,500
12/06/2009
3, Cromwell Close, W3 6BN
152,500
11/06/2009
Flat B, 3, Acacia Road, W3 6HE
220,000
11/06/2009
7a, Old Oak Road, W3 7HN
475,000
10/06/2009
7a, Old Oak Road, W3 7HN
475,000
10/06/2009
32, Bollo Bridge Road, W3 8AT
380,000
10/06/2009
4, Braid Avenue, W3 7TU
250,000
10/06/2009
Flat 370, Bromyard House, Bromyard Avenue, W3 7BU
315,000
10/06/2009
Flat 34, Charles Court, Larden Road, W3 7DR
275,000
10/06/2009
42a, Hereford Road, W3 9JW
186,000
09/06/2009
72, Carlisle Avenue, W3 7NL
355,000
09/06/2009
16, Sunninghill Court, W3 8BB
199,950
08/06/2009
60, Berrymead Gardens, W3 8AB
279,000
08/06/2009
Flat 4, 4 Jubilee Court, Creswick Road, W3 9HA
121,500
05/06/2009
65, Court Way, W3 0PY
315,000
05/06/2009
34, Emanuel Avenue, W3 6JJ
700,000
05/06/2009
Flat 4, 16, Birkbeck Road, W3 6BG
202,000
05/06/2009
Flat 17, 253 Acton House, Horn Lane, W3 9EJ
150,000
05/06/2009
Flat 4, 16, Birkbeck Road, W3 6BG
202,000
05/06/2009
15, Ashfield Road, W3 7JE
435,000
04/06/2009
Flat 10, Rutland Court, Queens Drive, W3 0HL
335,000
03/06/2009
Flat 15, Burghley Tower, Trinity Way, W3 7HR
140,000
01/06/2009
147, Gunnersbury Lane, W3 8HP
249,950
01/06/2009

Previous Property Sales in Acton

 

November 10, 2009

Related links
Related Links

Northfields
Your local multi-award winning estate agents

Latest Property Market Report for Acton W3

Previous Property Sales in Acton

Property Services in Acton

Property Listings for W3

Comment on this story on the