The post-election bounce has certainly been felt in Shepherds Bush and Hammersmith with a renewed confidence to the property market.
The Nationwide Building Society reported house prices have been rising Nationally at their fastest rate in 18 months and February saw the London market rebounding by 2.3 % the biggest annualised jump since July 2018. Our website has seen a 35% increase in traffic since January with same increase number of valuations since the election. Those clients who have weathered the stormy 3 years of Brexit negotiations, have been rewarded with a flurry of viewings for both sales and lettings, resulting multiple offers from strong applicants.
Period properties in W12 and W6 tree lined roads are in high demand, and prices are reflecting the surge in families looking for desirable homes in popular roads around Askew Village, off the Uxbridge and Goldhawk Roads and in Brackenbury Village. This is evident in our recent sale of two particularly exquisite family homes which achieved outstanding prices in January. Both of these properties were sold to families. Leysfield Road and Ormiston Grove both selling for well over £2 million and attracted significant numbers of potential buyers. These are just a few examples, check out our website detailing what can be achieved with guidance and good advice. But it is not just the house market that is in fine form we have also agreed a significant number of flats to first time buyers which is encouraging given this end of the market was the hardest hit over the past four years. First time buyer activity is hugely important for the long term health of the market and allows prospective sellers to actively move up the next rung of the property ladder. We currently have a record number of properties under offer and proceeding. If you would like a current market value of your property please speak with one of our experienced sales team on 0208 743 1166