Shepherd's Bush Property Sales - September 2010

W12 home values continue to perform well

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The average sale price of a home in the W12 area during September was £481,848 according to the Land Registry.

This is below the level of the previous month but is still the second highest monthly average on record.

The figures do include the sale of a house on Ashchurch Park Villas for £2,050,000 and there were only 25 properties reported as sold during the month.

For London as a whole the Land Registry data shows an increase of 8.8% in September over the same month in 2009. The average price of a London residential properly is now £340,344. This is the smallest annual rise since December 2009. Compared to August prices fell by 0.6%

The Nationwide's House Price index is suggesting a lower overall increase in prices than the Land Registry. This is based on offer prices for homes rather than achieved sale prices. Martin Gahbauer, Nationwide's Chief Economist, said, "October saw a continuation of the modest downward trend in house prices that began at the start of the summer. The average price of a typical UK property edged down by a seasonally adjusted 0.7% month-on month
in October."

He now thinks that a second round of quantitative easing will be supportive for the property market.

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The latest reported sales are given in the table below.

September 2010 Property Sales in Shepherd's Bush

Address Price (£) Date
12a, Sterne Street, W12 8AD
350,000
29/09/2010
30b, Percy Road, W12 9QA
335,000
29/09/2010
2, First Floor Flat, Stowe Road, W12 8BN
477,500
29/09/2010
19, Ground Floor Flat, Stronsa Road, W12 9LB
320,000
27/09/2010
43, Collingbourne Road, W12 0JG
375,000
24/09/2010
13, First And Second Floor Maisonette, Macfarlane Road, W12 7JY
540,500
23/09/2010
47, Greenside Road, W12 9JQ
740,000
21/09/2010
2, Upper Ground Floor Flat, Stowe Road, W12 8BN
470,000
17/09/2010
46, Flat 2, Percy Road, W12 9QA
245,000
17/09/2010
6a, Hetley Road, W12 8BB
292,250
13/09/2010
14, Ground Floor Flat, Hadyn Park Road, W12 9AG
370,000
10/09/2010
5, Woodstock Grove, W12 8LE
745,000
10/09/2010
6, Askew Crescent, W12 9DP
356,000
10/09/2010
147, Mellitus Street, W12 0AU
307,000
09/09/2010
52, Oaklands Grove, W12 0JB
295,000
09/09/2010
79, Flat B, Devonport Road, W12 8PB
275,000
09/09/2010
6, Ellerslie Road, W12 7BW
675,000
08/09/2010
14, Batman Close, W12 7NU
211,000
08/09/2010
11, Batson Street, W12 9PU
585,000
07/09/2010
90, Adelaide Grove, W12 0JL
500,000
06/09/2010
271, Flat 4, Uxbridge Road, W12 9DT
279,950
03/09/2010
157, St Elmo Road, W12 9DY
370,000
03/09/2010
25, Ashchurch Park Villas, W12 9SP
2,050,000
03/09/2010
182, Emlyn Road, W12 9TB
382,000
03/09/2010
Granville Mansions, Flat 17, Shepherds Bush Green, W12 8QA
500,000
01/09/2010

 

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Source: Land Registry

January 21, 2011