Has the price slowdown begun already?
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Expectations of a fall in Chiswick property have been continually confounded over the past few years but increased financial market uncertainty has given encouragement to the doom sayers.
Earlier this month ChiswickW4.com reported how the average Chiswick property had soared through the £600,000 barrier to new record highs. However new more detailed figures are out which may suggest that the market has already started to peak.
The latest detailed sales figures from the Land Registry show that Chiswick property prices averaged only £564,679 in September.
Stephen Rodgers of local Independent Financial Advisers Berkeley Consultants commented "It was to be expected that after a boom period for Chiswick property within the first half of the year that a slowdown was inevitable.
"Although negativity within the financial markets is making first time buyers think twice, the purchase market beyond one million pounds has never been better. The confidence index is still very bullish for our higher net worth clients who have experienced this type of market before. Indeed some are capitalising from it."
Although month to month variations can be wide this will lead some to conclude that issues such as the problems with Northern Rock, rising oil prices and the situtation with sub-prime mortgages in the US are starting to impact prices.
On the other hand Chiswick property is hardly in free-fall. September saw 6 properties in the are change hands for over £1,000,000 and October has already seen one of the highest ever value transactions in W4 with the sale of a home in Marlborough Crescent for £2,900,000.
The table below shows the details of individual property transactions in the Chiswick area most recently reported to the Land Registry.
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| Date | Address | Price |
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| 28-Sep-07 | 19, Flanders Road | W4 1NQ | £1,100,000 |
| 28-Sep-07 | 52, Cleveland Avenue | W4 1SW | £440,000 |
| 28-Sep-07 | 44, Wilton Avenue | W4 2HY | £875,000 |
| 28-Sep-07 | 42e, British Grove South | W4 2PU | £280,550 |
| 28-Sep-07 | 102, Sutton Court Road | W4 3EQ | £1,350,000 |
| 28-Sep-07 | 532, Flat 2, Chiswick High Road | W4 5RG | £500,000 |
| 27-Sep-07 | 116, Staveley Gardens | W4 2SF | £350,000 |
| 26-Sep-07 | Burlington Court, Flat 5a, Spencer Road | W4 3SY | £356,000 |
| 25-Sep-07 | 103, Duke Road | W4 2BX | £820,555 |
| 25-Sep-07 | 25, Berrymede Road | W4 5JE | £600,000 |
| 24-Sep-07 | Wellington Place, 5, Dolman Road | W4 5PS | £385,000 |
| 21-Sep-07 | 6, Lonsdale Road | W4 1ND | £597,000 |
| 21-Sep-07 | Flanders Mansions, Flat 34, Flanders Road | W4 1NF | £550,000 |
| 21-Sep-07 | 1c, Flat 3, Elliott Road | W4 1PF | £435,000 |
| 21-Sep-07 | 49, Flat C, Linden Gardens | W4 2EH | £430,000 |
| 21-Sep-07 | 9a, Ashbourne Grove | W4 2JH | £425,000 |
| 21-Sep-07 | 72, Paxton Road | W4 2QX | £611,000 |
| 21-Sep-07 | 75, Wellesley Road | W4 3AT | £290,000 |
| 21-Sep-07 | 164, Chiswick Village | W4 3DG | £240,500 |
| 21-Sep-07 | 14, Arlington Gardens | W4 4EY | £370,000 |
| 21-Sep-07 | Arlington Park Mansions, Flat 26, Sutton Lane North | W4 4HE | £333,000 |
| 21-Sep-07 | 44, Flat 3, Acton Lane | W4 5ED | £150,000 |
| 21-Sep-07 | 41, Berrymede Road | W4 5JE | £725,000 |
| 21-Sep-07 | 44 66 Dewsbury Court, Flat 62, Chiswick Road | W4 5RA | £180,000 |
| 20-Sep-07 | 55, Fielding Road | W4 1HP | £865,000 |
| 20-Sep-07 | 13, Ennismore Avenue | W4 1SE | £480,000 |
| 20-Sep-07 | 6, Short Road | W4 2QU | £385,000 |
| 20-Sep-07 | 50, Elmwood Road | W4 3DZ | £855,000 |
| 20-Sep-07 | 9, Magnolia Road | W4 3QY | £635,000 |
| 20-Sep-07 | 21, Flat 3a, Bolton Road | W4 3TE | £299,950 |
| 19-Sep-07 | 13, Gainsborough Road | W4 1NJ | £400,000 |
| 19-Sep-07 | Hartington Court, 32, Hartington Road | W4 3TT | £325,000 |
| 19-Sep-07 | 299, Chiswick High Road | W4 4HH | £190,000 |
| 18-Sep-07 | 59, Park Road | W4 3EY | £1,750,000 |
| 18-Sep-07 | 95, Wilkinson Way | W4 5XF | £290,000 |
| 17-Sep-07 | Montgomery Court, 40, St Thomas Road | W4 3LF | £293,000 |
| 17-Sep-07 | 22, Watchfield Court | W4 4NB | £290,000 |
| 17-Sep-07 | 3, Temple Road | W4 5NW | £250,000 |
| 17-Sep-07 | 32, Temple Road | W4 5NW | £710,000 |
| 17-Sep-07 | 211, Wilkinson Way | W4 5XL | £189,995 |
| 14-Sep-07 | 55, Ravensmede Way | W4 1TF | £279,950 |
| 14-Sep-07 | 98, Cranbrook Road | W4 2LJ | £888,000 |
| 14-Sep-07 | 52, Staveley Gardens | W4 2SA | £240,000 |
| 14-Sep-07 | 55, Park Road | W4 3EY | £1,640,000 |
| 14-Sep-07 | 7, Gordon Road | W4 3LU | £325,000 |
| 14-Sep-07 | 16, Cavendish Road | W4 3UH | £1,300,000 |
| 14-Sep-07 | 2, Saville Road | W4 5HQ | £429,950 |
| 14-Sep-07 | 171b, St Albans Avenue | W4 5JT | £350,000 |
| 14-Sep-07 | 28, Chiswick Road | W4 5RB | £755,000 |
| 13-Sep-07 | 16, South Parade | W4 1JU | £1,400,000 |
| 12-Sep-07 | 236, Chiswick Village | W4 3DF | £298,050 |
| 12-Sep-07 | 22, Riverview Road | W4 3QH | £660,000 |
| 11-Sep-07 | 32, Flat B, Balfern Grove | W4 2JX | £407,500 |
| 11-Sep-07 | 62, Oxford Road South | W4 3DB | £670,000 |
| 11-Sep-07 | 74, Flat B, Silver Crescent | W4 5SE | £250,000 |
| 10-Sep-07 | 9, Lattimer Place | W4 2UD | £800,000 |
| 10-Sep-07 | 83, Wellesley Road | W4 3AT | £380,000 |
| 10-Sep-07 | 6, Magnolia Wharf | W4 3NY | £625,000 |
| 10-Sep-07 | 1, Flat 4, Burlington Gardens | W4 4LT | £465,000 |
| 07-Sep-07 | 4, Eridge Road | W4 1BH | £740,000 |
| 07-Sep-07 | 15, Lattimer Place | W4 2UD | £1,250,000 |
| 07-Sep-07 | 57, Sutton Court | W4 3JE | £350,000 |
| 07-Sep-07 | 145, Watchfield Court | W4 4NE | £282,000 |
| 07-Sep-07 | 44, Beaumont Road | W4 5AP | £730,000 |
| 07-Sep-07 | 58, Bollo Lane | W4 5LT | £665,000 |
| 07-Sep-07 | 9, Bridge Street | W4 5UF | £475,000 |
| 06-Sep-07 | 49, Dukes Avenue | W4 2AG | £1,250,000 |
| 05-Sep-07 | 34, Montgomery Road | W4 5LZ | £645,000 |
| 05-Sep-07 | 44 66 Dewsbury Court, Flat 49, Chiswick Road | W4 5RA | £221,000 |
| 04-Sep-07 | 31, Duke Road | W4 2BA | £775,000 |
| 04-Sep-07 | 48b, Devonshire Road | W4 2HB | £275,000 |
| 04-Sep-07 | 26, Eastbury Grove | W4 2JZ | £625,000 |
| 04-Sep-07 | 21, Loraine Road | W4 3QT | £357,000 |
| 04-Sep-07 | 42, Flat 3, Barrowgate Road | W4 4QY | £480,000 |
| 04-Sep-07 | 1 Chiswick Green Studios, Flat 81, Evershed Walk | W4 5BW | £545,000 |
| 03-Sep-07 | 39, Cranbrook Road | W4 2LH | £415,000 |
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Source: Land Registry
May 6, 2008