| Property Sales in Brentford in January 2008 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Exceptionally low volumes a cause for concern
The latest data released by the Land Registry shows that the average price in Brentford in January reached £281,394. This compares with October's record level of £329,722. The relatively small number of transactions that took place during the month makes it difficult to conclude which direction prices are going in but once again low volumes are going to be a source of concern. Only 15 transaction have been recorded so far for January less than an exceptionally quiet month in December. Although more properties are likely to be registered for the month it is unlikely that the final total will be of comfort to local estate agents. This data reflects prices and trends before the recent credit crunch so it is unlikely subsequent months are going to provide more encouraging data. A more detail property report will appear in the Brentford e-mail newsletter in a forthcoming newsletter. The numbers quoted are based on Land Registry data. The numbers are subject to revision as there are usually some properties that are added late to the Land Registry's database. 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.
June 27, 2008 |