The Chiswick property market continues to surge higher according to the latest official figures as reported on local online media
ChiswickW4.com.
The fourth quarter of 2013 saw the average sale price in the W4 post code area to rise by 30% over the same period last year to £913,360 - a new all-time high. Flat prices performed particularly well during the quarter and averaging over half a million for the first time.
Christian Harper of Chiswick estate agent OliverFinn: "Thoughts of a general election and the next budget have concerned me with the government making noises around some kind of clumsy ‘brake’ on foreign buyers. However I now feel that politicians would not risk upsetting a £1.24 trillion business (London housing stock value according to Savills study).”
The December 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 11.2% over the year to £403,972.
The most up-to-date figures available show that during October 2013 the number of completed house sales in England & Wales increased by 21 per cent to 71,929 compared with 59,213 in October 2012.
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