Only 14 homes sold in TW8 area during the month
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Only 14 properties sold in Brentford during the month continuing the trend of very low volumes of sales. The average price in TW8 for the month was £374,854.
In February, London's annual house price change according to the Land Registry index was a positive 11.9 per cent, which is an increase from last month's figure, and the fifth month in a row in which the movement has been positive. It was also the strongest growth of any region.
The average value of a property in London is now £333,394, which is a decrease from last month.
For the country as a whole there was an annual increase of 7 per cent. This is the fourth month in a row in which the annual movement has been positive. The monthly house price change is negative this month, at -0.3 per cent. This brings the average house price in England and Wales to £164,455.
The Rightmove House Price Index for February 2010 reveals that average asking prices increased by over £7,000 in the past month. This is the largest monthly increase since April 2007 and represents a year-on-year increase of 6.1%. In London they are showing the highest ever level of asking prices.
Miles Shipside, commercial director of Rightmove comments: "A price jump of over 3% is more comparable to the pre-credit-crunch boom-times. Sellers are setting their sights higher, and some agents are going along with them in order to win scarce instructions. Property for sale remains scarce in popular areas, but new supply to the market has to be priced at what buyers are willing and able to pay. An average increase of over 7,000 pounds may prove to be a bit too spicy for some buyers' tastes, now that economic constraints have forced them to develop a simpler palate."
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 - February 2010
| Address | Price (£) |
Deed Date |
| Adams Quarter, Flat 3, Tallow Road, TW8 8ER | 242,500 |
26/02/2010 |
| 10, Tallow Road, TW8 8EU | 718,000 |
24/02/2010 |
| 67, Ealing Road, TW8 0LQ | 250,000 |
24/02/2010 |
| 3a, Market Terrace, TW8 0NQ | 215,000 |
23/02/2010 |
| Trico House, Apartment 506, Ealing Road, TW8 0AU | 73,000 |
19/02/2010 |
| Jessops Wharf, Flat 1, Tallow Road, TW8 8EH | 315,000 |
18/02/2010 |
| 100, Ealing Road, TW8 0LD | 245,000 |
16/02/2010 |
| 1, Apartment 12, Town Meadow, TW8 0BQ | 247,000 |
12/02/2010 |
| Braemar Court, 83, Flat 44, Brook Road South, TW8 0NA | 192,500 |
12/02/2010 |
| 28, Augustus Close, TW8 8QE | 375,000 |
09/02/2010 |
| Otho Court, 68, Augustus Close, TW8 8PZ | 230,000 |
05/02/2010 |
| 1, Apartment 25, Point Wharf Lane, TW8 0DD | 249,950 |
04/02/2010 |
| 57, Coates Walk, TW8 0LU | 245,000 |
04/02/2010 |
September 3, 2010