Acton Property Sales - September 2011

Falling volumes raise concern about unsold units

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After a period of relatively brisk activity during the Summer things seem to have slowed down in the Acton property market. Only 43 sales have been reported since the end of August compared to 59 in that month alone.

This raises concerns due to anecdotal evidence of high numbers of unsold units at local property developments.

The average price since the end of August was £335,285 which does represent an increase but the average was previously depressed by sales in the Victoria Court development. This leaves W3 property prices below the London average.

The September data from Land Registry's flagship House Price Index shows an annual price decrease of 2.6% which takes the average property value in England and Wales to £162,109. The monthly change from August to September is a decrease of 0.3% and continues the negative monthly price change seen in August of -0.1 per cent.

London was the only region in England and Wales to experience an increase in its average property value over the last 12 months with a movement of 2.7% to £349,046. The North East experienced the greatest annual price fall with a decrease of 8.2%.

The most up-to-date figures available show that during July 2011, the number of completed house sales in England and Wales decreased by 11 per cent to 59,919 from 67,475 in July 2010. The number of properties sold in England and Wales for over £1 million in July 2011 decreased by 24 per cent to 707 from 932 in July 2010.

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.

A regular market review of the local property scene appears on the site. You can click here for the latest update and analysis.

If your agent is claiming to be marketing your property effectively and it doesn't appear on ActonW3.com it may be time to choose a new agent.

Properties Sold in Acton W3 - September 2011

Address

Price (£)

Date

177, Flat 1, The Vale, W3 7RD
217,000
30/09/2011
Bronte Court, Flat 50, Gunnersbury Lane, W3 8HF
220,000
30/09/2011
7f, Pierrepoint Road, W3 9JJ
250,000
30/09/2011
139b, Lynton Road, W3 9HN
190,000
30/09/2011
35, First Floor Flat, Hillcrest Road, W3 9RN
250,000
30/09/2011
42a, Hereford Road, W3 9JW
320,000
30/09/2011
19a, Avenue Road, W3 8NH
296,000
30/09/2011
7d, Pierrepoint Road, W3 9JJ
200,000
23/09/2011
11, Chatsworth Gardens, W3 9LN
278,000
23/09/2011
44, Rosemont Road, W3 9LY
930,000
23/09/2011
17, Flat 6, Lynton Road, W3 9HJ
175,000
20/09/2011
62, Goldsmith Avenue, W3 6HN
340,000
19/09/2011
25, Monks Drive, W3 0EB
625,000
16/09/2011
114, Valetta Road, W3 7TH
500,000
16/09/2011
94, Bollo Bridge Road, W3 8AU
250,000
16/09/2011
44, Cumberland Road, W3 6EY
575,000
16/09/2011
1, First Floor Flat, Winchester Street, W3 8PA
203,000
16/09/2011
12a, Spencer Road, W3 6DN
320,000
16/09/2011
7, Garrett Close, W3 6TB
104,000
16/09/2011
Vandervell Court, 38, Larden Road, W3 7EU
335,000
16/09/2011
51, Avenue Gardens, W3 8HB
545,000
15/09/2011
3, Castle Close, W3 8AD
209,950
14/09/2011
Bronte Court, Flat 53, Gunnersbury Lane, W3 8HF
280,000
14/09/2011
5, Montague Gardens, W3 9PT
780,000
13/09/2011
159, Second And Third Floor Flat, Horn Lane, W3 6PP
265,000
09/09/2011
118b, Avenue Road, W3 8QG
370,000
09/09/2011
Holsgrove Court, Flat 15, Bromyard Avenue, W3 7JH
247,500
09/09/2011
Bromyard House, Flat 419, Bromyard Avenue, W3 7BY
159,950
09/09/2011
11, Woodhurst Road, W3 6SS
825,000
07/09/2011
20, Conway Grove, W3 6UJ
240,000
07/09/2011
180, Flat 3, Horn Lane, W3 6PJ
295,000
02/09/2011
Parkside, Flat 16, East Acton Lane, W3 7LB
220,000
02/09/2011
49, Davis Road, W3 7SE
299,000
01/09/2011
26, Mansell Road, W3 7QH
650,000
01/09/2011
48, Flat 3, Shakespeare Road, W3 6SJ
280,000
01/09/2011

Previous Property Sales in Acton

 

March 27, 2012

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