Hammersmith Property Prices At Record High
Average house price in W6 above £600,000
The strong summer price trend in the Hammersmith area has been confirmed by the latest figures from the Land Registry.
Since the end of June sale prices in the W6 area have averaged £673,109. These levels suggest that the local property market is currently at an all-time high.
Properties at the top end of the market are still seeing good demand with 10 homes changing hands for over £1,000,000.
Average prices in London as a whole were up by 0.9% in August according to the Land Registry, which brings them to £345,734. This is the sixth month in a row in which the capital's monthly movement has been greater than zero. Compared to August last year prices are up by 11.4% the strongest annual growth experienced by any region in England and Wales.
The Land Registry's House Price Index for August was up by 0.3% the fifth month in a row in which the movement has been positive. This changes the average property value in England and Wales to £167,423. The annual house price change has now remained positive for ten consecutive months, with a movement of 6.7% in August.
More recent figures from the Halifax House Price Index suggest that home values nationally fell back during September. These numbers are based on offer prices rather than actual achieved sale prices.
Commenting on the Halifax House Price Index, Simon Rubinsohn, Royal Institution of Chartered Surveyors chief economist said, “The latest numbers from Halifax provide further evidence that house prices are easing after the strong gains seen through the latter part of 2009 and the early part of 2010. That said, the 3.6 per cent drop in this index in September undoubtedly highlights the extent of the softer trend in prices. On a month by month basis, house prices are always going to display a degree of volatility and in an environment in which transactions activity is subdued this is going to be even more pronounced."
He added, “RICS expects prices to slip a little further over the coming months, but despite the prospect of public spending cuts we believe the risk of large house price falls remains relatively limited.”
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.
Property Sales in Hammersmith - July 2010
| Address | Price | Date |
|---|---|---|
| 36, Top Floor Flat, Hammersmith Grove, W6 7HA | 407,000 |
30/07/2010 |
| 28, Flat 1, Delorme Street, W6 8DT | 395,000 |
30/07/2010 |
| Thames Reach, 80, 17, Rainville Road, W6 9HS | 1,800,000 |
30/07/2010 |
| 3a, Humbolt Road, W6 8QH | 580,000 |
30/07/2010 |
| 99, Flat 4, Greyhound Road, W6 8NJ | 245,000 |
30/07/2010 |
| 60, Ravenscourt Road, W6 0UG | 1,075,000 |
30/07/2010 |
| 102, Greyhound Road, W6 8NT | 272,000 |
30/07/2010 |
| 29, Rosedew Road, W6 9ET | 785,000 |
30/07/2010 |
| 54, Petley Road, W6 9ST | 775,000 |
30/07/2010 |
| 29, Bradmore Park Road, W6 0DT | 612,500 |
28/07/2010 |
| 24a, Greyhound Road, W6 8NX | 222,500 |
27/07/2010 |
| 13, Petley Road, W6 9SU | 750,000 |
26/07/2010 |
| 20, Basement Flat, Batoum Gardens, W6 7QD | 435,000 |
23/07/2010 |
| Kings Court, Flat 73, Hamlet Gardens, W6 0RW | 206,000 |
23/07/2010 |
| 46, Richford Street, W6 7HP | 895,000 |
23/07/2010 |
| 25, Batoum Gardens, W6 7QB | 399,950 |
23/07/2010 |
| 13, Brecon Road, W6 8PY | 699,950 |
23/07/2010 |
| G Block, Flat 3, Peabody Estate, W6 9PT | 313,000 |
23/07/2010 |
| Kings Court, Flat 178, Hamlet Gardens, W6 0RP | 172,000 |
22/07/2010 |
| 2, Astrop Mews, W6 7HR | 725,000 |
22/07/2010 |
| Charlotte House, Flat 2, Queen Caroline Street, W6 9BU | 335,000 |
22/07/2010 |
| 168, Flat B, King Street, W6 0QU | 240,000 |
21/07/2010 |
| 38, Flat 1, Paddenswick Road, W6 0UB | 200,000 |
21/07/2010 |
| 83, Nasmyth Street, W6 0HA | 850,000 |
21/07/2010 |
| 67, Humbolt Road, W6 8QQ | 710,000 |
21/07/2010 |
| Kings Court, Flat 110, Hamlet Gardens, W6 0RW | 223,000 |
20/07/2010 |
| The Grampians, 8, Shepherds Bush Road, W6 7LN | 260,000 |
19/07/2010 |
| 2, Hebron Road, W6 0PQ | 1,295,000 |
16/07/2010 |
| 16, Vaughan Avenue, W6 0XS | 1,450,000 |
16/07/2010 |
| 53, Tasso Road, W6 8LY | 575,750 |
16/07/2010 |
| 16, St Peters Square, W6 9AJ | 1,725,000 |
16/07/2010 |
| 8, St Marys Court, W6 0XP | 295,000 |
16/07/2010 |
| 159, Dalling Road, W6 0ES | 1,206,509 |
15/07/2010 |
| Queens Mansions, Flat 8, Brook Green, W6 7EB | 1,025,000 |
15/07/2010 |
| 31, Beryl Road, W6 8JS | 720,000 |
15/07/2010 |
| 54, Parfrey Street, W6 9EN | 395,000 |
15/07/2010 |
| 68, Bradmore Park Road, W6 0DT | 935,000 |
14/07/2010 |
| 106, Flat 3, Hammersmith Grove, W6 7HB | 375,000 |
09/07/2010 |
| 9, Studland Street, W6 0JS | 620,000 |
09/07/2010 |
| 288, Flat D, King Street, W6 0SP | 244,700 |
09/07/2010 |
| 9, Richford Street, W6 7HJ | 718,750 |
09/07/2010 |
| 14, St Marys Court, W6 0XP | 326,000 |
09/07/2010 |
| 23, Disbrowe Road, W6 8QG | 615,000 |
08/07/2010 |
| Russell Court, 108 - 112, Flat 1, Hammersmith Grove, W6 7HB | 213,500 |
08/07/2010 |
| 38, Iffley Road, W6 0PA | 900,000 |
05/07/2010 |
| 26, Verbena Gardens, W6 9TP | 512,500 |
05/07/2010 |
| 13, Melrose Gardens, W6 7RN | 1,506,000 |
05/07/2010 |
| 384, Goldhawk Road, W6 0SB | 900,000 |
02/07/2010 |
| 40, Adeney Close, W6 8ET | 290,500 |
02/07/2010 |
| 12, Pleydell Avenue, W6 0XX | 1,430,000 |
01/07/2010 |
| 60, North Eyot Gardens, W6 9NL | 740,000 |
01/07/2010 |
Source: Land Registry
January 18, 2011
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