Hammersmith Home Prices Surge Upwards

Local property values catching up with rest of London

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The latest property sales released for the Hammersmith area are suggesting that prices are finally moving upwards after a period of lagging behind the rest of London.

The average price of a property sold in W6 since December 1, 2009 was £654,057 according to the numbers from the Land Registry. This compares to just £492,659 in the fourth quarter as a whole.

A closer look at the figures suggests that the size of this change has as much to do with the mix of properties being sold in recent months as a move in the overall market.

Since the beginning of December, five homes have been sold for prices of over £1 million, and another ten priced over £700,000 also changed hands.

There is also cause for caution further down the line. The Nationwide House Price Index, which is based on offer prices is showing a fall in February, the first for ten months.

The Land Registry House Price for London in January shows that the capital has been the strongest area of the country during the month with the average price now up by 10.5% compared to January 2009 and 3.9% compared to the previous month. The average London home now costs £336,212.

The January data for the whole country from the Land Registry shows an annual house price movement of 5.2%, which is the second month in a row in which the figure has been positive. While not all regions are recovering at the same rate, it is clear that overall prices are increasing. Monthly house price change is also positive this month at 2.1%. This is the eighth consecutive month that the figure has been above zero.

The average house price in England and Wales now stands at £165,088.

Right Move's House Price index, which is based on offered prices rather than sales prices, is showing that prices have moved down again during the winter. Their index for December is down by 2.2% during the month but up by 1.7% compared with last year.

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 - December 2009

Address Price Date
18, Atwood Road, W6 0HX
859,850
25/01/2010
Flat 9, Marryat Court, Cromwell Avenue, W6 9LB
280,000
22/01/2010
29b, Petley Road, W6 9SU
385,000
19/01/2010
118, Rannoch Road, W6 9SW
650,000
18/01/2010
3, Rowan Terrace, W6 7DZ
795,000
15/01/2010
5, Theresa Road, W6 9AQ
675,000
15/01/2010
80, Bradmore Park Road, W6 0DT
715,000
14/01/2010
Upper Maisonette, 5, Shepherds Bush Road, W6 7NA
530,000
13/01/2010
Flat 7, P Block, Peabody Estate, W6 9QT
192,000
12/01/2010
34, Rannoch Road, W6 9SR
731,000
11/01/2010
156, Hammersmith Grove, W6 7HE
1,100,000
08/01/2010
Flat 13, 14 Park Mansions, Stamford Brook Avenue, W6 0YD
285,000
08/01/2010
12, Brackenbury Gardens, W6 0BP
560,500
08/01/2010
Flat 321, Latymer Court, Hammersmith Road, W6 7LD
228,000
07/01/2010
203, Hammersmith Grove, W6 0NP
1,430,000
06/01/2010
171, Flora Gardens, W6 0HT
250,000
22/12/2009
16, Atwood Road, W6 0HX
725,000
21/12/2009
33, Benbow Road, W6 0AU
999,000
21/12/2009
80, Colwith Road, W6 9EY
390,950
21/12/2009
66, Prebend Gardens, W6 0XU
860,000
21/12/2009
Flat 3, 133, Hammersmith Grove, W6 0NJ
407,500
18/12/2009
76, Hammersmith Grove, W6 7HA
1,650,000
18/12/2009
41, Paddenswick Road, W6 0UA
850,000
18/12/2009
16, Melrose Terrace, W6 7RL
1,325,000
17/12/2009
102, The Grampians, Shepherds Bush Road, W6 7LZ
180,000
11/12/2009
53, Rowan Road, W6 7DT
1,746,550
11/12/2009
12, Skelwith Road, W6 9EX
645,000
11/12/2009
Flat 2, 37, Shepherds Bush Road, W6 7LU
89,746
10/12/2009
Flat 3, 29, Batoum Gardens, W6 7QB
385,000
09/12/2009
Flat 1, 38, Greyhound Road, W6 8NX
270,000
08/12/2009
108, The Grampians, Shepherds Bush Road, W6 7LZ
235,000
07/12/2009
87, Black Lion Lane, W6 9BG
865,000
04/12/2009
92, Carthew Road, W6 0DX
685,000
04/12/2009
103, Sulgrave Road, W6 7QH
955,000
04/12/2009
Flat 9, The Square, Peabody Estate, W6 9PX
235,000
03/12/2009
Flat 38, Digby Mansions, Hammersmith Bridge Road, W6 9DF
585,000
03/12/2009
Flat 1, 4, Loris Road, W6 7QA
450,000
01/12/2009

 

Source: Land Registry

Previous Sales in Hammersmith

March 5, 2010