Hammersmith Property Prices in August 2010

Average house price in W6 remains above £600,000

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The latest official figures show that property prices in the Hammersmith area have remained at a high level.

During August the average transaction took place at £627,043 which was slightly below the record levels seen earlier in the Summer.

Properties at the top end of the market are still seeing good demand with 7 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 - August 2010

Address Price Date
6, Marco Road, W6 0PN
1,150,000
31/08/2010
Irene House, Flat 3, Sulgrave Road, W6 7QP
279,000
31/08/2010
27, Yeldham Road, W6 8JF
765,000
31/08/2010
23, Ground Floor Flat, Biscay Road, W6 8JW
380,000
27/08/2010
Queens Mansions, Flat 7, Brook Green, W6 7EB
1,223,000
27/08/2010
7, Cromwell Grove, W6 7RQ
1,535,000
27/08/2010
5, Ground Floor Flat, Petley Road, W6 9SU
320,000
26/08/2010
37, Flat 1, Mall Road, W6 9DG
320,000
25/08/2010
60, Westcroft Square, W6 0TA
770,000
24/08/2010
11, Lena Gardens, W6 7PY
1,000,000
23/08/2010
9, First Floor Flat, Claxton Grove, W6 8HD
385,000
20/08/2010
29, Flat 7, Batoum Gardens, W6 7QB
227,750
20/08/2010
84d, Hammersmith Grove, W6 7HB
375,000
20/08/2010
52, Nasmyth Street, W6 0HB
876,000
20/08/2010
20, Chancellors Wharf, W6 9RT
600,000
20/08/2010
28, Samels Court, W6 9TL
370,000
20/08/2010
59, Flat 2, Dalling Road, W6 0JD
220,000
19/08/2010
32, Silverton Road, W6 9NY
736,500
19/08/2010
The Square, Flat 16, Peabody Estate, W6 9PX
325,000
13/08/2010
175, Flat 3, Greyhound Road, W6 8NL
312,000
13/08/2010
Myrtle House, Flat 4, Sulgrave Road, W6 7QG
308,000
13/08/2010
25, Humbolt Road, W6 8QH
633,000
13/08/2010
8a, Rosedale Terrace, W6 0HF
425,000
13/08/2010
11, Bradmore Park Road, W6 0DT
625,000
11/08/2010
46, Nasmyth Street, W6 0HB
845,000
10/08/2010
Latymer Court, Flat 235a, Hammersmith Road, W6 7JZ
150,000
10/08/2010
11, Flat 3, Kinnoul Road, W6 8NG
360,000
06/08/2010
25, Aldensley Road, W6 0DH
1,025,000
06/08/2010
172, Flora Gardens, W6 0HT
189,950
06/08/2010
23, Iffley Road, W6 0PB
970,000
06/08/2010
32, Redmore Road, W6 0HZ
585,000
06/08/2010
30, Tasso Road, W6 8LZ
800,000
06/08/2010
Amelia House, Flat 4, Queen Caroline Street, W6 9ED
338,000
06/08/2010
32, Ellaline Road, W6 9NZ
695,000
06/08/2010
18, Ellaline Road, W6 9NZ
577,601
06/08/2010
82a, Hammersmith Grove, W6 7HB
1,530,000
06/08/2010
388, Flat 2, Goldhawk Road, W6 0SB
442,000
05/08/2010
117b, Top Floor Flat, Rannoch Road, W6 9SY
375,000
05/08/2010
13c, Cromwell Grove, W6 7RQ
373,000
03/08/2010
15, Brackenbury Gardens, W6 0BP
1,400,000
03/08/2010
10, Perrers Road, W6 0EZ
715,000
03/08/2010
35, Southerton Road, W6 0PJ
805,000
02/08/2010

Source: Land Registry

Previous Sales in Hammersmith

January 18, 2011