Shepherd's Bush Property Sales February 2010

Local area not as strong as rest of borough

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The average price of a property sold in W12 during February was £374,780. This is below the level seen at the end of last year in the 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.

February 2010 Property Sales in Shepherd's Bush

Address Price (£) Date
34, Basement, Askew Road, W12 9BH
349,999
26/02/2010
10a, Nascot Street, W12 0HE
430,000
26/02/2010
30, Flat D, Ellerslie Road, W12 7BW
279,950
26/02/2010
54, Ground Floor Flat, Coningham Road, W12 8BH
260,000
26/02/2010
29, Norbroke Street, W12 0QU
342,500
26/02/2010
16c, Stowe Road, W12 8BN
330,000
26/02/2010
22, Flat 2, Boscombe Road, W12 9HP
335,000
26/02/2010
38, Second Floor Flat, Richmond Way, W12 8LY
265,000
26/02/2010
8, Lower Ground Floor Flat, Wells Road, W12 8DA
195,000
22/02/2010
98, Gayford Road, W12 9BW
487,500
22/02/2010
24, Askew Road, W12 9BH
408,000
19/02/2010
13a, Adelaide Grove, W12 0JU
392,000
18/02/2010
92, Mayfield Road, W12 9LU
240,000
18/02/2010
48, Flat B, Boscombe Road, W12 9HU
390,000
18/02/2010
Part Of, 51, Stowe Road, W12 8BE
381,000
16/02/2010
23, Raised Ground Floor Flat, Tadmor Street, W12 8AH
245,000
15/02/2010
3, Exhibition Close, W12 7EE
250,000
15/02/2010
69, Askew Crescent, W12 9DW
408,000
15/02/2010
40, Second Floor Flat, Loftus Road, W12 7EN
300,000
12/02/2010
20, Stanlake Villas, W12 7EX
720,000
11/02/2010
99, Galloway Road, W12 0PH
450,000
10/02/2010
Longford Court, Flat 263, Emlyn Gardens, W12 9UW
230,000
09/02/2010
27, Woodger Road, W12 8NW
110,000
05/02/2010
19, Westway, W12 0PT
285,000
03/02/2010
12, Milfoil Street, W12 0RY
395,000
03/02/2010
20, Arminger Road, W12 7BB
635,000
03/02/2010
225, Du Cane Road, W12 0BL
294,000
03/02/2010
123, Percy Road, W12 9QJ
566,500
02/02/2010
2a, Warbeck Road, W12 8NT
298,500
02/02/2010
102, Cobbold Road, W12 9LL
545,000
02/02/2010
57, Macfarlane Road, W12 7JY
810,000
01/02/2010
55, Aylmer Road, W12 9LG
365,000
01/02/2010

 

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Source: Land Registry

June 11, 2010