According to the official Land Registry figures just released, the average sale price of a Chiswick property in 2013 is just below £700,000.
The figures show that prices of property for sale in W4 appear to have remained stable, as reported in the local news website www.ChiswickW4.com. Of the 53 property sales in the W4 postcode area reported so far to the Land Registry in 2013 the average price has been £698,879. Of these nine have changed hands for over £1,000,000, the most expensive of which was on Dukes Avenue costing its new owners £2,150,000.
Christian Harper of W4 estate agent
OliverFinn said that demand for property in W4 far outstretches supply. "For this reason I expect to see at least a 10% increase in Land Registry figures over the next couple of months.
"My primary concern is the complete lack of stock. If supply continues to drip feed the market I predict that prices will continue to rise sharply. This has the potential to replicate the conditions of the early 1990's, which none of us want.
"Fortunately it looks highly unlikely that interest rates will rise, which will assist in preventing catastrophe.” According to the
Land Registry London property prices continue to lead the rest of the country. The average price of a home in the capital is now £370,819.
For more detail
read the full news report.
Christian Harper of W4 estate agent OliverFinn said that demand for property in W4 far outstretches supply. "For this reason I expect to see at least a 10% increase in Land Registry figures over the next couple of months.
"My primary concern is the complete lack of stock. If supply continues to drip feed the market I predict that prices will continue to rise sharply. This has the potential to replicate the conditions of the early 1990's, which none of us want.
"Fortunately it looks highly unlikely that interest rates will rise, which will assist in preventing catastrophe.” According to the Land Registry London property prices continue to lead the rest of the country. The average price of a home in the capital is now £370,819.
For more detail read the full news report.
