Latest Hammersmith Property Sales

Two of the top three all-time prices achieved in recent months

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Activity at the top end of Hammersmith's property market appears to have been strong recently with two of the top three highest prices sales ever taking place.

Following the sale of a house in Ravenscourt Park becoming the second most expensive home in the W6 post area at £4,200,000, a Hammersmith Grove house has gone for the third highest price of £3,900,000.

This seems to represent a 50% gain in just over two years for the previous owners as, according to the Land Registry, the same property was purchased for £2,600,000 in 2011.

The average price of a home sold in the W6 post code area during September and October was over £800,000 suggesting that the market is reaching new highs. 65 homes changed hands with 14 of them costing their new owners more than £1 million.

According to the RICS Residential Market Survey, the number of homes sold per chartered surveyor in London reached its highest point since October 2010 in December as the recovery in the capital’s property sector continued.

Over the festive period, the average number of transactions per surveyor in London, reached 16 - over treble that of the lowest point of the downturn back in February 2009 when respondents were selling a mere 6. With more sales now going through, growth in demand for rented accommodation has fallen again as a growing number of renters opt to test the sales market.

Meanwhile, with the amount of homes coming onto the market still nowhere near enough to meet the higher level of demand, prices continue to rise. In London during December, a net balance of 99 percent more chartered surveyors reported growing prices. Significantly, every area of the UK saw prices increase with London and the South East experiencing the biggest jumps.

Peter Bolton King, RICS Global Residential Director, commented: “The housing market is starting to thrive once more. Sales are at their highest level in almost six years and this is being reflected right across the UK. Growing availability of affordable mortgages has released some pent-up demand from a market that, in recent years, has seen many viable buyers unable to enter the market. On the face of it, this seems like good news but unless we see a marked increase in the number of homes coming up for sale we could well be looking at a price rises becoming unsustainable in some areas.”

The October data from Land Registry's House Price Index shows that London remains the best performing property market in England and Wales. The average price of a home in the capital rose by 8.7% over the year to £390,720 although it was slightly down on the previous month.

For the country as a whole prices rose by 3.1% which takes the average property value in England and Wales to £165,515. Repossession volumes decreased by 29 per cent in August 2013 to 1,200 compared to 1,682 in August 2012.

The most up-to-date figures available show that during August 2013 the number of completed house sales in England & Wales increased by 15 per cent to 74,767 compared with 65,014 in August 2012

The number of properties sold in England and Wales for over £1 million in August 2013 increased by 27 per cent to 1,104 from 871 in August 2012

 

Property Sales in Hammersmith - (September/October 2013)
Deed date Address Price (£)
29/10/2013 Flat 45, Linacre Court, Talgarth Road, W6 8DF
250,000
25/10/2013 15 Rowan Road, W6 7DT
1,865,000
25/10/2013 39 Hammersmith Grove, W6 0NE
3,900,000
21/10/2013 19 Winslow Road, W6 9SF
1,395,000
18/10/2013 Flat 84, Kings Court, Hamlet Gardens, W6 0RW
288,000
18/10/2013 36 Paynes Walk, W6 8PF
317,000
17/10/2013 75 Cardross Street, W6 0DP
854,500
15/10/2013 13 Humbolt Road, W6 8QH
299,950
11/10/2013 Flat 43, Hamlet Court, Hamlet Gardens, W6 0SY
270,000
11/10/2013 Flat 32, Digby Mansions, Hammersmith Bridge Road, W6 9DF
495,000
09/10/2013 87a Greyhound Road, W6 8NJ
390,000
08/10/2013 17 Ravenscourt Square, W6 0TW
1,900,000
04/10/2013 288 King Street, W6 0SP
175,000
04/10/2013 110 Shepherds Bush Road, W6 7PD
440,000
04/10/2013 36 Nasmyth Street, W6 0HB
1,100,000
03/10/2013 70 Rannoch Road, W6 9SP
923,000
01/10/2013 Flat, 109 Shepherds Bush Road, W6 7LP
875,000
30/09/2013 Flat A, 168 King Street, W6 0QU
300,000
30/09/2013 4 Crammond Close, W6 8QS
715,000
30/09/2013 15 Gastein Road, W6 8LT
945,000
27/09/2013 Flat 3, Myrtle House, Sulgrave Road, W6 7QG
373,750
27/09/2013 59 Tasso Road, W6 8LY
977,500
26/09/2013 70 Sulgrave Gardens, W6 7RA
750,000
26/09/2013 29 Humbolt Road, W6 8QH
797,600
25/09/2013 14 Disbrowe Road, W6 8QF
755,000
25/09/2013 9 Ellaline Road, W6 9NZ
980,000
24/09/2013 2, The Grampians, Shepherds Bush Road, W6 7LN
210,000
23/09/2013 Second Floor Flat, 165 Hammersmith Grove, W6 0NJ
500,000
20/09/2013 Flat 55, Stamford Court, Goldhawk Road, W6 0XD
360,000
20/09/2013 Flat 19, Isabella House, Queen Caroline Street, W6 9RF
395,000
20/09/2013 48 Westcroft Square, W6 0TA
675,000
20/09/2013 11 Kilmarsh Road, W6 0PL
1,295,000
17/09/2013 77 Banim Street, W6 0DN
684,000
16/09/2013 First Floor Flat, 199 Fulham Palace Road, W6 8QX
290,290
16/09/2013 Flat 10, Derwent Court, Ravenscourt Park, W6 0TT
340,000
13/09/2013 166, The Grampians, Shepherds Bush Road, W6 7NB
190,000
13/09/2013 25 Lord Napier Place, W6 9UB
895,000
12/09/2013 175 Flora Gardens, W6 0HT
315,100
12/09/2013 17a Tabor Road, W6 0BN
805,000
12/09/2013 Flat 1, Alexandra House, 1 Perrers Road, W6 0EY
975,000
12/09/2013 20 Ravenscourt Park, W6 0TJ
4,200,000
11/09/2013 5 Gastein Road, W6 8LT
895,000
11/09/2013 1 Silverton Road, W6 9NY
1,180,000
10/09/2013 75 Flora Gardens, W6 0HR
315,000
10/09/2013 131 Sulgrave Road, W6 7PX
372,500
10/09/2013 76 Overstone Road, W6 0AB
420,000
09/09/2013 54 Bradmore Park Road, W6 0DT
1,150,000
06/09/2013 6 Lochaline Street, W6 9SH
415,000
06/09/2013 32 Musard Road, W6 8NW
535,000
06/09/2013 68 Petley Road, W6 9ST
555,000
06/09/2013 41a Averill Street, W6 8ED
720,000
06/09/2013 42 Cambridge Grove, W6 0LA
985,000
06/09/2013 29 St. Dunstans Road, W6 8RE
1,185,000
06/09/2013 32 Tasso Road, W6 8LZ
1,255,000
06/09/2013 2 Wingate Road, W6 0UR
1,850,000
05/09/2013 21 Bridge Avenue, W6 9JA
660,000
04/09/2013 19a Benbow Road, W6 0AT
365,000
04/09/2013 27 Averill Street, W6 8ED
834,250
04/09/2013 5 Ravenscourt Road, W6 0UH
1,634,000
03/09/2013 14a Westcroft Square, W6 0TD
347,000
03/09/2013 17 Chancellors Street, W6 9RN
425,000
03/09/2013 Flat 11, Bazalgette Court, Great West Road, W6 9AG
500,000
02/09/2013 110 Shepherds Bush Road, W6 7PD
418,000
02/09/2013 202 Hammersmith Grove, W6 7HG
612,000
02/09/2013 61 Humbolt Road, W6 8QQ
1,130,000

 

Source: Land Registry

Previous Sales in Hammersmith

February 5, 2014