The number of properties sold in W4 is the lowest for any quarter since April-June 2009 at the height of the financial crisis according to the latest figures.
Figures (reported in ChiswickW4.com) from the Land Registry for the first quarter of 2013 show that prices have decreased - down by 5.9% in the first quarter of 2013 compared with the previous three months. However, average prices are still up by 6.6% compared with the same period last year.
The principal problem in
Chiswick appears to be a shortage of houses coming onto the market, in what is already a very competitive area with so many estate agents chasing sales. The volume of property is down by nearly 25% compared to the same period in 2012.
Asked to comment on the number of sales, Christian Harper of OliverFinn said: "I believe that with a level of uncertainty in the air, W4 homeowners have decided to stay in their current homes and are building loft extensions, side returns and garden offices. I have never seen so many skips outside houses in W4 as I am seeing currently. I believe that this is caused by a combination of events..."
Read the full article.
Figures (reported in ChiswickW4.com) from the Land Registry for the first quarter of 2013 show that prices have decreased - down by 5.9% in the first quarter of 2013 compared with the previous three months. However, average prices are still up by 6.6% compared with the same period last year.
The principal problem in Chiswick appears to be a shortage of houses coming onto the market, in what is already a very competitive area with so many estate agents chasing sales. The volume of property is down by nearly 25% compared to the same period in 2012.
Asked to comment on the number of sales, Christian Harper of OliverFinn said: "I believe that with a level of uncertainty in the air, W4 homeowners have decided to stay in their current homes and are building loft extensions, side returns and garden offices. I have never seen so many skips outside houses in W4 as I am seeing currently. I believe that this is caused by a combination of events..."
Read the full article.
