W3 Property Prices Surge Forward


Twyford Avenue property fourth most expensive ever

The local property market is continuing to see encouraging signs with both prices and volumes recovering from the lows seen last year.

The average price of a property in the W3 area sold since the beginning of the year was £374,257. This compares to an average price in the fourth quarter of 2009 of £296,365.

The figures for this year include the sale of a property on Twyford Avenue for £1,400,000, the fourth most expensive sale ever in the Acton area.

In February, London's annual house price change according to the Land Registry index was a positive 11.9 per cent, which is an increase from last month's figure, and the fifth month in a row in which the movement has been positive. It was also the strongest growth of any region.

The average value of a property in London is now £333,394, which is a decrease from last month.

For the country as a whole there was an annual increase of 7 per cent. This is the fourth month in a row in which the annual movement has been positive. The monthly house price change is negative this month, at -0.3 per cent. This brings the average house price in England and Wales to £164,455.

The Rightmove House Price Index for February 2010 reveals that average asking prices increased by over £7,000 in the past month. This is the largest monthly increase since April 2007 and represents a year-on-year increase of 6.1%. In London they are showing the highest ever level of asking prices.

Miles Shipside, commercial director of Rightmove comments: "A price jump of over 3% is more comparable to the pre-credit-crunch boom-times. Sellers are setting their sights higher, and some agents are going along with them in order to win scarce instructions. Property for sale remains scarce in popular areas, but new supply to the market has to be priced at what buyers are willing and able to pay. An average increase of over 7,000 pounds may prove to be a bit too spicy for some buyers' tastes, now that economic constraints have forced them to develop a simpler palate."

The latest reported sales are given in the table below.

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 - January 2010

Address

Price (£)

Date

31a, Twyford Avenue, W3 9PY
195,000
29/01/2010
11, Stanley Road, W3 8FE
227,500
29/01/2010
25, Sir Alexander Road, W3 7JG
270,000
29/01/2010
Anthony Court, Flat 32, Larden Road, W3 7DY
365,000
29/01/2010
Block M3, Unit 2, Larden Road, W3 7RP
335,000
29/01/2010
West Lodge, 407, Flat C, Uxbridge Road, W3 9SH
97,500
29/01/2010
14a, Taylors Green, W3 7PE
115,000
29/01/2010
4, Stanley Road, W3 8FE
190,000
28/01/2010
Kipling Tower, Flat 111, Palmerston Road, W3 8TN
150,000
28/01/2010
6, Stanley Road, W3 8FE
225,000
28/01/2010
Kipling Tower, Flat 151, Palmerston Road, W3 8TN
152,000
28/01/2010
19, Cowper Road, W3 6PZ
460,000
28/01/2010
Rutland Court, Flat 23, Queens Drive, W3 0HL
365,000
28/01/2010
9, Stanley Road, W3 8FE
77,875
28/01/2010
10, Avenue Road, W3 8NS
205,000
28/01/2010
237, Noel Road, W3 0JL
349,000
27/01/2010
13, Cheltenham Place, W3 8JD
250,000
27/01/2010
274, Osborne Road, W3 8SR
270,000
26/01/2010
Vandervell Court, Flat 45, Larden Road, W3 7EU
340,000
26/01/2010
Kipling Tower, Flat 15, Palmerston Road, W3 8TL
180,000
26/01/2010
5, Shaa Road, W3 7LN
1,175,000
26/01/2010
24, Highlands Avenue, W3 6EU
285,000
22/01/2010
400, Western Avenue, W3 0PL
270,000
22/01/2010
38, Brouncker Road, W3 8AQ
320,000
22/01/2010
Vandervell Court, Flat 47, Larden Road, W3 7EU
335,000
20/01/2010
Relton Court, Flat 54, Boddington Gardens, W3 9AS
130,000
20/01/2010
4, The Ridgeway, W3 8LL
405,000
18/01/2010
325a, Acton Lane, W3 8NT
250,000
18/01/2010
1, Agnes Road, W3 7RE
610,000
15/01/2010
125, Perryn Road, W3 7LU
665,000
15/01/2010
Block M3, Unit 2, Larden Road, W3 7RP
335,000
15/01/2010
22, Myrtle Road, W3 6EA
485,000
15/01/2010
14, Ground Floor Maisonette, Valetta Road, W3 7TN
318,000
15/01/2010
41, Goldsmith Avenue, W3 6HR
645,000
14/01/2010
Vandervell Court, Flat 46, Larden Road, W3 7EU
249,999
14/01/2010
Vandervell Court, Flat 52, Larden Road, W3 7EU
335,000
14/01/2010
Vandervell Court, Flat 37, Larden Road, W3 7EU
249,999
14/01/2010
68, Perryn Road, W3 7LX
925,000
12/01/2010
Bromyard House, Flat 229, Bromyard Avenue, W3 7BN
250,000
12/01/2010
22, Newburgh Road, W3 6DQ
645,000
11/01/2010
25, Baldwyn Gardens, W3 6HJ
650,000
11/01/2010
6, Barlow Road, W3 9LJ
495,000
08/01/2010
3, Twyford Avenue, W3 9PY
1,400,000
08/01/2010
63, Bollo Bridge Road, W3 8AX
290,000
08/01/2010
250, Flat 2, Horn Lane, W3 6TQ
195,000
08/01/2010
15, Grasgarth Close, W3 9HS
250,000
08/01/2010
250, Flat 3, Horn Lane, W3 6TQ
185,000
08/01/2010
Anthony Court, Flat 67, Larden Road, W3 7DY
360,000
08/01/2010
16, Essex Road, W3 9JA
560,000
08/01/2010
1, Gunnersbury Gardens, W3 9AE
390,000
07/01/2010
106, Lynton Road, W3 9HH
462,500
07/01/2010
3, Layer Gardens, W3 9PR
690,000
06/01/2010
Aspen Court, 192, Flat 10, Horn Lane, W3 6PU
120,000
05/01/2010
335, Acton Lane, W3 8NU
297,000
05/01/2010
8, Canada Crescent, W3 0NL
240,000
04/01/2010

Previous Property Sales in Acton

 

April 8, 2010

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