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Hanwell House Prices Hanwell House Prices

The average house price in Hanwell is £757,000 using HM Land Registry data.

The average property price increased by £92,276 (17.72%) over the last 5 years and increased by £18,442 (3.1%) over the last 12 months.

Over the last year, there were 178 residential property sales – a decrease of 150 transactions (-84.27%) relative to the previous year. The majority of house sales (39) were in the £350,000 - £446,000 range. Then came properties in the £638,000 - £734,000 range, where 29 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 104 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-34,100 (-4%).

In April 2024, there were 47 new estate agency instructions, 18 agreed home sales and 14 property price reductions.

Neighbouring Areas: Greenford, Perivale, Osterley, Southall, Ealing, Brentford

Postcodes Covered: W13, W7

5-Year Average Property Prices in Hanwell

17.72%

Property prices in Hanwell increased by 17.72% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in Hanwell Over the Last Year

3.1%

Property prices in Hanwell increased by 3.1% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for Hanwell - April 2024

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in Hanwell

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in Hanwell

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in Hanwell

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the Hanwell since 1995

Using HM Land Registry data, this chart displays average annual house prices in the Hanwell area since 1995.

Recent Property Sales in Hanwell

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
14 Hall Drive, London, Greater London, W7 1AB£450,000£448,000-£2,00031 Oct 202314 Mar 2024135 Days
462 Greenford Avenue, London, Greater London, W7 3DD£375,000£335,000-£40,00020 Apr 202302 Feb 2024288 Days
5 Upfield Road, London, Greater London, W7 1AW£500,000£500,000£0020 Jul 202326 Jan 2024190 Days
33 Azalea Close, London, Greater London, W7 3QA£299,950£295,000-£4,95021 Jul 202324 Jan 2024187 Days
10 St Andrews Road, London, Greater London, W7 2NX£700,000£700,000£0021 Sep 202324 Jan 2024125 Days
48 Greatdown Road, London, Greater London, W7 1JS£560,000£530,000-£30,00018 Aug 202312 Jan 2024147 Days
4 Osterley Park View Road, London, Greater London, W7 2HH£750,000£740,000-£10,00019 Oct 202308 Jan 202481 Days
6 Green Lane, London, Greater London, W7 2PB£685,000£670,000-£15,00018 May 202313 Dec 2023209 Days
133 Milton Road, London, Greater London, W7 1LG£1,250,000£1,250,000£0022 Jun 202301 Dec 2023162 Days
20 Templeman Road, London, Greater London, W7 1AT£495,000£495,000£0004 May 202330 Nov 2023210 Days
221 Greenford Avenue, London, Greater London, W7 1AA£699,950£650,000-£49,95007 Sep 202329 Nov 202383 Days
56 Station Road, London, Greater London, W7 3JE£1,200,000£1,189,000-£11,00027 Oct 202229 Nov 2023398 Days
37 Tennyson Road, London, Greater London, W7 1LH£399,950£380,000-£19,95029 Jun 202313 Nov 2023137 Days
23 Wilmot Place, Hanwell, London, Greater London, W7 3TZ£350,000£337,900-£12,10022 May 202308 Nov 2023170 Days
5 Edinburgh Road, London, Greater London, W7 3JY£775,000£750,000-£25,00031 Oct 202303 Nov 20233 Days
14 Brookbank Avenue, London, Greater London, W7 3DW£670,000£650,000-£20,00022 Aug 202325 Oct 202364 Days
32 Grosvenor Road, London, Greater London, W7 1HJ£350,000£320,000-£30,00006 Jul 202320 Oct 2023106 Days
14 Highland Avenue, London, Greater London, W7 3RF£725,000£725,000£0019 May 202319 Oct 2023153 Days
Flat 5, Diamond Court, Cherington Road, London, Greater London, W7 3JL£375,000£355,000-£20,00017 May 202318 Oct 2023154 Days
27c, Highland Avenue, London, Greater London, W7 3RE£280,000£275,000-£5,00020 Jun 202313 Oct 2023115 Days

Most Expensive Streets in Hanwell

PostcodeStreetAreaAverageNo. of Sales
W7 3BJChurch RoadHanwell£1,508,3333
W7 3ELManor Court RoadLondon£1,294,5004
W7 3EACampbell RoadLondon£1,186,2504
W7 1LSShakespeare RoadHanwell£1,158,1905
W7 3ESGrove AvenueLondon£1,020,1427
W7 3BDChurch RoadHanwell£984,7504
W7 2JQCroft GardensLondon£972,0005
W7 3EYCuckoo LaneLondon£932,5004
W7 3BHChurch RoadHanwell£884,6254
W7 2JSSeward RoadLondon£843,2005

Least Expensive Streets in Hanwell

PostcodeStreetAreaAverageNo. of Sales
W13 0FWFreedom HouseBrownlow Road£137,1874
W7 3XABarchester CloseLondon£254,6254
W7 1BYRiverside CloseLondon£256,6005
W7 2NDSt. Marks CourtLower Boston Road£258,6663
W7 3BFJasper AvenueLondon£263,9586
W7 3AWGifford GardensLondon£280,6663
W7 1JLKennedy RoadLondon£282,7504
W7 3QAAzalea CloseLondon£312,27211
W7 2LNLambourn CloseLondon£313,3333
W7 1LDGreenford AvenueLondon£327,5004

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