Latest Acton Property Sales


W3 property prices appear to be reaching new highs

According to the latest Land Registry figures Acton property prices look to be moving into uncharted territory so far in 2011.

The average price of a property sold so far this year is £398,618. This is higher than the average for the third quarter of 2010 which was a record at £366,403.

During the fourth quarter the level did fall slightly but it could be that the underlying trend remained strong because a surge in sales of lower priced units at Bromyard House reduced the overall average.

London property prices are up by 3.2% in February compared to last year. Prices were down marginally on the previous month. This is still highest level in the country with the North East seeing prices fall by 7.1% in the same period. Nationally prices fell by 1.7% in February 2011 compared with February 2010.

This brings the average property price to £341,048, in comparison to the figure for England and Wales, which is £162,215.

Longer term London has also significantly outperformed the rest of the country according to the Nationwide House Price Index, with prices up 17% over the last five years. This compares to a modest 1.3% increase across the UK as a whole. Over the same period, the North was the worst performing region, with prices down 7.8%.

Commenting on the figures, Robert Gardner, Nationwide's Chief Economist, said, “Demand for homes has levelled out, supported by historically low interest rates and some stabilisation in the labour market. The continued uncertain outlook for the economy is likely to keep many potential buyers on the sidelines for some time yet. “Nevertheless, there are few signs of a glut of unsold homes building up on the market. Sellers remain reluctant to accept lower prices to secure a sale. In fact there are tentative signs that the volume of homes coming onto the market is slowing.”

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.

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 2011

Address

Price (£)

Date

17, Ground Floor Flat, Birkbeck Road, W3 6BG
265,000
31/01/2011
29, Brassie Avenue, W3 7DF
530,000
31/01/2011
8, First Floor Flat, Highlands Avenue, W3 6ET
275,000
28/01/2011
4, Wynton Place, W3 0JZ
415,000
28/01/2011
138, Gunnersbury Lane, W3 9BA
470,000
26/01/2011
43, Vyner Road, W3 7LZ
499,950
25/01/2011
179, Flat 2, Horn Lane, W3 6PW
242,000
21/01/2011
1, Cecil Road, W3 0DA
445,000
21/01/2011
5, The Tiltwood, W3 6HG
400,000
21/01/2011
39, Twyford Avenue, W3 9PZ
1,000,000
21/01/2011
5, Denehurst Gardens, W3 9QY
670,000
21/01/2011
96, Perryn Road, W3 7LU
225,000
18/01/2011
24, Wilfrid Gardens, W3 0NQ
370,000
17/01/2011
29, Heathfield Road, W3 8EH
830,000
17/01/2011
38, Princes Gardens, W3 0LG
690,000
14/01/2011
46, Bowes Road, W3 7AB
570,000
14/01/2011
67, Beardsley Way, W3 7YQ
183,000
14/01/2011
35, Avenue Gardens, W3 8HB
557,000
12/01/2011
Wendover Court, Flat 17, Western Avenue, W3 0TG
115,000
10/01/2011
Bromyard House, Flat 554, Bromyard Avenue, W3 7FG
240,000
10/01/2011
4a, Burlington Gardens, W3 6BA
249,950
07/01/2011
21, Woodhurst Road, W3 6SS
315,000
07/01/2011
35, Brouncker Road, W3 8AE
485,000
07/01/2011
72c, Twyford Avenue, W3 9QB
249,950
07/01/2011
Anstey Court, Flat 57, Enfield Road, W3 8RD
175,000
07/01/2011
44a, Twyford Avenue, W3 9QB
650,000
07/01/2011
Townshend House, Flat 2, Rosemont Road, W3 9AX
313,500
06/01/2011
28, Park View, W3 0PT
385,000
05/01/2011
Aldridge Court, 174 - 180, Flat 4, High Street, W3 9NN
230,000
04/01/2011
73, Ground Floor Flat, Shalimar Gardens, W3 9JG
285,000
04/01/2011

Previous Property Sales in Acton

 

June 15, 2011

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