Shepherd's Bush Property Sales April 2010

Local market stages a recovery after quiet start to the year

Related Links

Northfields Estates

More Local Estate Agents

Property in Shepherd's Bush For Sale

Property in Shepherd's Bush To Rent

Latest Property Report for Shepherd's Bush

Previous Sales in Shepherd's Bush

Participate

Discuss this story on the Forum

Register for the Shepherd's Bush Newsletter to get regular property updates

The average sale price of a residential property in April rose to £480,702. This bodes well for a good recovery in average prices which fell to just £408,000 in the first quarter on low volumes.

The month saw three properties change hand for over £1,000,000 including homes on Binden Road, Ashchurch Terrace Villas and Boscombe Road.

The average house price for England and Wales in April was £165,596, up by 0.2%, and the average house price for London was £341,487, up by 1.6%.

The April data from Land Registry's House Price Index shows an annual price increase of 14.8% in London. For England and Wales prices are up by 8.5%. This is the sixth month in a row in which the figure has been positive and takes the average property value in England and Wales to £165,596.

The Nationwide House Price index for April shows a 10.1% increase the first double digit annual increase since 2007.

Commenting on the figures Martin Gahbauer, Nationwide's Chief Economist, said, "the more important driver of rising house prices has been the low level of stock for sale, as many homeowners and buy-to-let landlords continue to wait for prices to recover to peak 2007 levels before deciding to sell up or move. The very low level of interest rates has been supportive of this wait-and-see approach, particularly in the buy-to-let sector."

He is anticipating that prices will flatten out over the next few months due to the petering out of new buyer enquiries at estate agents offices and an increase in the number of instructions from sellers.

The latest reported sales are given in the table below.

April 2010 Property Sales in Shepherd's Bush

Address Price (£) Date
23, Ashchurch Terrace, W12 9SL
1,050,000
01/04/2010
362b, Uxbridge Road, W12 7LL
335,000
01/04/2010
68, Ormiston Grove, W12 0JS
336,000
01/04/2010
79, Wendell Road, W12 9SB
855,000
01/04/2010
Phipps House, Flat 120, White City Estate, W12 7QF
158,000
08/04/2010
47, Westville Road, W12 9BB
650,000
08/04/2010
13, Abdale Road, W12 7ER
665,000
09/04/2010
16d, Stowe Road, W12 8BN
345,000
09/04/2010
35a, Hudson Close, W12 7LX
149,900
09/04/2010
36, Galloway Road, W12 0PJ
505,000
15/04/2010
58, Flat B, Loftus Road, W12 7EL
195,000
16/04/2010
30, Flat B, Ellerslie Road, W12 7BW
349,650
16/04/2010
43, Thorpebank Road, W12 0PG
460,000
16/04/2010
47, Thorpebank Road, W12 0PG
428,500
16/04/2010
38c, Ashchurch Park Villas, W12 9SP
250,000
23/04/2010
Granville Mansions, Flat 8a, Shepherds Bush Green, W12 8QA
339,000
23/04/2010
19, Binden Road, W12 9RJ
1,115,000
23/04/2010
4, Second Floor Flat, Bassein Park Road, W12 9RY
207,500
26/04/2010
2, Devonport Mews, W12 8NG
170,000
27/04/2010
32, Norbroke Street, W12 0QU
356,000
28/04/2010
121a, Uxbridge Road, W12 8NL
350,000
29/04/2010
72b, Stanlake Road, W12 7HL
475,000
30/04/2010
3, Landor Walk, W12 9AP
420,000
30/04/2010
2, Boscombe Road, W12 9HP
1,512,000
30/04/2010
45, Collingbourne Road, W12 0JG
341,000
30/04/2010

 

If you are a member of this site and don't want details of a property that you have bought or sold displayed here just let us know and we will remove it.

Source: Land Registry

October 4, 2010