Hammersmith Property Sales - February 2011

Market continues to see low turnover during the month

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The latest information from the Land Registry has shown that the local property market remains inactive so far this year.

Only 23 properties have been reported as being sold so far in Hammersmith W6 and at an average price of £496,497. This compares unfavourably with the average for the final quarter of 2010 which was over £600,000. It is not necessarily the case that this reflects a sharp decline in local prices, the low level of transactions makes it difficult to reach any firm conclusion about the direction of the market. The average is down mainly due to a lack of activity at the top end of the market. Only one million pound plus home has been reported as being sold so far in February compared to 7 in December 2010 alone.

London property prices overall are up by 3.2% in February compared to last year. Prices were down marginally on the previous month. This is still highest level in the country with the North East seeing prices fall by 7.1% in the same period. Nationally prices fell by 1.7% in February 2011 compared with February 2010.

This brings the average property price to £341,048, in comparison to the figure for England and Wales, which is £162,215.

The latest reported sales are given in the table below. The numbers are subject to revision as is it usual that some properties are added late to the Land Registry's database

Property Sales in Hammersmith - February 2011

Address Price Date
Elizabeth House, Flat 23, Queen Caroline Street, W6 9RB
249,999
28/02/2011
36a, Overstone Road, W6 0AB
294,032
28/02/2011
Westside, Flat 16, Ravenscourt Park, W6 0TY
485,000
28/02/2011
147, Basement, Sulgrave Road, W6 7PX
562,400
28/02/2011
10, Coulter Road, W6 0BL
793,000
25/02/2011
Stamford Court, Flat 65, Goldhawk Road, W6 0XD
308,000
24/02/2011
8, Chambon Place, W6 9UP
100,000
23/02/2011
35, Silverton Road, W6 9NY
650,000
23/02/2011
Stamford Court, Flat 111, Goldhawk Road, W6 0XE
245,000
18/02/2011
413, Flat 2, Goldhawk Road, W6 0SA
250,000
18/02/2011
12, Eyot Gardens, W6 9TN
885,000
18/02/2011
52, Bradmore Park Road, W6 0DT
960,000
18/02/2011
60, Musard Road, W6 8NW
535,000
18/02/2011
Anns House, 7, Flat 7, Banim Street, W6 0DN
276,000
17/02/2011
Latymer Court, Flat 237, Hammersmith Road, W6 7JZ
285,000
17/02/2011
King Henrys Reach, Flat 50, Manbre Road, W6 9RH
450,000
11/02/2011
3, Aldensley Road, W6 0DH
280,000
11/02/2011
The Grampians, 145, Shepherds Bush Road, W6 7NB
176,500
11/02/2011
14, Coulter Road, W6 0BL
775,000
11/02/2011
1, Gastein Road, W6 8LT
570,000
08/02/2011
Latymer Court, Flat 173, Hammersmith Road, W6 7JQ
472,500
02/02/2011
Greyhound Mansions, Flat 6, Greyhound Road, W6 8NY
307,000
01/02/2011
13, Pleydell Avenue, W6 0XX
1,510,000
01/02/2011

Source: Land Registry

Previous Sales in Hammersmith

June 14, 2011