Brentford Property Sales - April 2010

Price move up from the first quarter of the year

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The average price of a home sold in Brentford during April was £297,631. This is up from the level seen during the first quarter of this year.

The April data from Land Registry's House Price Index shows an annual price increase of 14.8% in London. For England and Wales prices are up by 8.5%. This is the sixth month in a row in which the figure has been positive and takes the average property value in England and Wales to £165,596.

The Nationwide House Price index for April shows a 10.1% increase the first double digit annual increase since 2007.

Commenting on the figures Martin Gahbauer, Nationwide's Chief Economist, said, "the more important driver of rising house prices has been the low level of stock for sale, as many homeowners and buy-to-let landlords continue to wait for prices to recover to peak 2007 levels before deciding to sell up or move. The very low level of interest rates has been supportive of this wait-and-see approach, particularly in the buy-to-let sector."

He is anticipating that prices will flatten out over the next few months due to the petering out of new buyer enquiries at estate agents offices and an increase in the number of instructions from sellers.

The latest reported sales are given in the table below.

Where do I live? Brentford TW8 postcodes are divided into three sectors, TW8 0xx, TW8 8xx and TW8 9xx. Broadly speaking, TW8 0xx covers areas east of Boston Manor Road, TW8 8xx goes west of Boston Manor Road, whilst TW8 9xx covers the areas to the north of the A4.

 

Brentford Property Prices - April 2010

Address
Price (£)
Deed Date
30, Clayton Crescent, TW8 9PT
320,000
06/04/2010
26, The Butts, TW8 8BL
985,000
09/04/2010
Rivers House, Flat 1, Aitman Drive, TW8 0ES
299,950
15/04/2010
10, Brentwick Gardens, TW8 9QL
245,000
16/04/2010
13, Bramber Court, TW8 9QP
177,000
21/04/2010
68, Carville Crescent, TW8 9RD
198,000
21/04/2010
Brook Court, 81, 5, Brook Road South, TW8 0NY
220,000
23/04/2010
Block B Paragon Site, Flat 105, Boston Park Road, TW8 9RP
55,500
23/04/2010
Spruce House, Apartment 3, Durham Wharf Drive, TW8 8HR
320,000
26/04/2010
32, York Road, TW8 0QP
340,000
26/04/2010
68, Distillery Walk, TW8 0SG
199,749
30/04/2010
35, Top Flat, Clifden Road, TW8 0PB
234,000
30/04/2010
Mill Cross Court, Flat 3, Windmill Road, TW8 9NA
275,000
30/04/2010

 

September 3, 2010