Land Registry figures for Chiswick property prices
May 13, 2019
The average price of Chiswick homes sold so far this year is once again over £1 million. Figures from the Land Registry show that the level has risen by 14.1% over the same period in 2018.
However, as reported by local news website Chiswick.W4, the rise is largely driven by technical factors. The most notable is the continued fall in sales of flats in the W4 postcode area: "Earlier in the year we reported on the sharp decline in this kind of property in Chiswick but, if anything, the drop has accelerated since then. Only 31 flat sales were reported in the first three months of 2019 which would be one of the lowest figures on record.
"The overall average is rising not because of a general increase in prices but because flats, which are normally cheaper than houses, are making up a smaller proportion of the total."
Read the full article, including a table of average prices by property types and postcode sectors.