Prices drifting down as activity remains low
The average sale price of a property sold in Brentford during November was £274,786. This is slightly below levels seen in the previous quarter but with only 28 transactions taking place during the month it is difficult to reach a firm consensus about the direction of the market.
According to the Land Registry London property prices are up by 6.8% in November compared to last year. This is the slowest annual rise in 2010 but remains the highest level in the country.
This brings the average property price in London to £341,009, in comparison to the figure for England and Wales, which is £164,773.
For the country as a whole November's data shows a fall of 0.6%. This is the third consecutive month in which prices have fallen. The annual house price growth rate has continued to decline for the sixth month in a row, with an increase of 2.2%. This is the smallest growth seen in 12 months.
Nationwide's House Price index for December which is based on offer prices rather than actual sales like the Land Registry did show an increase.
Martin Gahbauer, Nationwide's Chief Economist, said, "“There is little evidence to suggest that house price declines are likely to accelerate in the months ahead. Much of the weakness in property values since the Spring has been driven by a return of sellers to the market, following unusually low levels of property for sale in 2009 and early 2010. However, there is little to indicate that these sellers need to achieve a sale urgently for financial or economic reasons, which means that the downward pressure on house prices is only modest."
The numbers below are subject to revision as is it usual that some properties are added late to the Land Registry's database.
The latest reported sales are given in the table below.
Where do I live? Brentford TW8 postcodes are divided into three sectors, TW8 0xx, TW8 8xx and TW8 9xx. Broadly speaking, TW8 0xx covers areas east of Boston Manor Road, TW8 8xx goes west of Boston Manor Road, whilst TW8 9xx covers the areas to the north of the A4.
Brentford Property Prices - November 2010
Address | Price (£) |
Deed Date |
Harvey House, 32, Green Dragon Lane, TW8 0DH | 54,000 |
29/11/2010 |
115, Holland Gardens, TW8 0BH | 445,000 |
26/11/2010 |
Golden Mile House, Apartment G02, Clayponds Lane, TW8 0GU | 316,000 |
26/11/2010 |
Brentford Park House, Apartment 201, Clayponds Lane, TW8 0GT | 308,000 |
26/11/2010 |
105, Distillery Walk, TW8 0SQ | 222,500 |
26/11/2010 |
24, Glenhurst Road, TW8 0QS | 340,000 |
26/11/2010 |
69, Whitestile Road, TW8 9NR | 240,000 |
25/11/2010 |
172, First And Second Floor Flat, Whitestile Road, TW8 9NW | 250,000 |
24/11/2010 |
Holly House, Flat 8, Boston Manor Road, TW8 8DQ | 194,000 |
22/11/2010 |
1, Enfield Road, TW8 9NU | 290,000 |
22/11/2010 |
13, North Road, TW8 0BJ | 250,000 |
19/11/2010 |
Jessops Wharf, Flat 14, Tallow Road, TW8 8EH | 245,000 |
19/11/2010 |
Oakbark House, 37, High Street, TW8 8LF | 465,000 |
19/11/2010 |
Romulus Court, 1, 83, Justin Close, TW8 8QJ | 179,000 |
17/11/2010 |
10, The Mall, TW8 8DJ | 255,000 |
16/11/2010 |
Block B Paragon Site, Flat 1, Boston Park Road, TW8 9RN | 84,000 |
16/11/2010 |
Brentford Park House, Apartment 101, Clayponds Lane, TW8 0GT | 318,000 |
12/11/2010 |
Brentford Park House, Apartment 103, Clayponds Lane, TW8 0GT | 305,000 |
12/11/2010 |
Shire Place, Flat 28, The Ham, TW8 8HE | 105,000 |
12/11/2010 |
33, Monmouth Grove, TW8 9QN | 200,000 |
12/11/2010 |
7, Plum Garth, TW8 9QB | 306,000 |
11/11/2010 |
45, Enfield Road, TW8 9NY | 282,500 |
08/11/2010 |
Golden Mile House, Apartment 405, Clayponds Lane, TW8 0GU | 290,000 |
05/11/2010 |
51, Hamilton Road, TW8 0QF | 440,000 |
05/11/2010 |
8, The Dell, TW8 8DY | 245,000 |
05/11/2010 |
Moorings House, Flat 26, Tallow Road, TW8 8EL | 630,000 |
05/11/2010 |
175, Holland Gardens, TW8 0AX | 190,000 |
04/11/2010 |
56, Manor Vale, TW8 9JN | 245,000 |
02/11/2010 |
April 20, 2011