Acton Property Sales - February 2011

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Bromyard House sales bring down average price

After reaching an all-time high of over £400,000 in January, the average price of a property sold in Acton fell to £358,758 in February.

Some of the fall can be attributed to the number of sales of lower priced units in Bromyard House. However it does appear that prices have been drifting off since the beginning of the year and the number of transactions remains low.

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 - February 2011

Address	Price (£)	Date
18, Cecil Road, W3 0DB	555,000	28/02/2011
7, Monks Drive, W3 0EG	556,500	28/02/2011
29, Stuart Road, W3 6DG	500,000	28/02/2011
173, The Vale, W3 7RD	950,000	28/02/2011
84, Larden Road, W3 7SX	390,000	28/02/2011
46c, Woodhurst Road, W3 6SL	575,250	28/02/2011
Bromyard House, Flat 613, Bromyard Avenue, W3 7FG	346,000	25/02/2011
17, Goldsmith Road, W3 6PX	250,000	25/02/2011
59, Perryn Road, W3 7LS	610,000	25/02/2011
Bromyard House, Flat 542, Bromyard Avenue, W3 7FD	360,000	25/02/2011
15, Flat 2, Cumberland Road, W3 6EX	220,000	25/02/2011
Manor Court, 18, Manor Gardens, W3 8JX	249,950	25/02/2011
7, Chaucer Road, W3 6DR	500,000	24/02/2011
Bromyard House, Flat 545, Bromyard Avenue, W3 7FD	156,890	21/02/2011
Bromyard House, Flat 546, Bromyard Avenue, W3 7FD	156,890	21/02/2011
Bromyard House, Flat 547, Bromyard Avenue, W3 7FD	156,890	21/02/2011
Trentham Court, Flat 149, Victoria Road, W3 6BF	250,000	18/02/2011
Bromyard House, Flat 57, Bromyard Avenue, W3 7BE	193,000	18/02/2011
Vale Court, 40, The Vale, W3 7SA	128,000	18/02/2011
16, Cheltenham Place, W3 8JS	212,000	18/02/2011
Ebbett Court, Flat 103, Victoria Road, W3 6BX	74,000	16/02/2011
16, Third Avenue, W3 7RT	300,000	11/02/2011
Poulton Court, Flat 49, Victoria Road, W3 6EJ	260,000	11/02/2011
27, Birkbeck Grove, W3 7QD	500,000	11/02/2011
1, Flat 3, East Churchfield Road, W3 7LL	250,000	09/02/2011
Tignel Court, Flat 34, Boddington Gardens, W3 9AR	230,000	09/02/2011
66, Goldsmith Avenue, W3 6HN	699,950	08/02/2011
13a, Alfred Road, W3 6LH	250,000	08/02/2011
21, Anderson Close, W3 6YJ	205,000	07/02/2011
33, Old Oak Road, W3 7HW	735,000	07/02/2011
Rufford Tower, Flat 89, Lexden Road, W3 9NF	150,000	07/02/2011
75, Noel Road, W3 0JG	495,000	04/02/2011
Poulton Court, Flat 52, Victoria Road, W3 6EJ	250,000	04/02/2011
24, Manor Gardens, W3 8JU	625,000	04/02/2011
138, Princes Avenue, W3 8LT	487,500	04/02/2011
Aldridge Court, 176a, Flat 1, High Street, W3 9NN	250,000	04/02/2011
18, Berrymead Gardens, W3 8AA	395,000	02/02/2011
32, Flat B, Rosemont Road, W3 9LY	225,000	02/02/2011
14, Heathfield Road, W3 8EL	293,500	01/02/2011

Previous Property Sales in Acton

 

June 13, 2011