Hammersmith Property Prices At Record High

Average house price in W6 above £600,000

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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

Previous Sales in Hammersmith

January 18, 2011