Royal Oak House Prices Royal Oak House Prices

The average house price in Royal Oak is £2,288,571 using HM Land Registry data.

The average property price increased by £242,817 (21.08%) over the last 5 years and increased by £48,653 (3.61%) over the last 12 months.

Over the last year, there were 84 residential property sales – a decrease of 21 transactions (-25.00%) relative to the previous year. The majority of house sales (48) were in the £470,000 - £1,272,000 range. Then came properties in the £1,272,000 - £2,074,000 range, where 10 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 100 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-131,890 (-4%).

In Dec 24, there were new estate agency instructions, agreed home sales and property price reductions.

5-Year Average Property Prices in Royal Oak

21.08%

Property prices in Royal Oak increased by 21.08% 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 Royal Oak Over the Last Year

3.61%

Property prices in Royal Oak increased by 3.61% 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 Royal Oak - Dec 24

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 Royal Oak

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 Royal Oak

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 Royal Oak

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 Royal Oak since 1995

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

Recent Property Sales in Royal Oak

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
12 Westbourne Park Road, London, Greater London, W2 5PH£5,600,000£5,000,000-£600,00003 May 202423 Oct 2024173 Days
Mezzanine And First Floor Flat, 176, Westbourne Grove, London, Greater London, W11 2RW£1,850,000£1,113,000-£737,00021 Nov 201630 Sep 20242870 Days
75 Hereford Road, London, Greater London, W2 5BB£5,500,000£5,100,000-£400,00004 Oct 202309 Aug 2024310 Days
Flat 104, Ralph Court, Queensway, London, Greater London, W2 5HU£425,000£411,000-£14,00020 Feb 202419 Jul 2024150 Days
57a, Talbot Road, London, Greater London, W2 5JJ£1,000,000£1,000,000£0022 Mar 202408 Jul 2024108 Days
35 Northumberland Place, London, Greater London, W2 5AS£3,000,000£3,000,000£0008 Nov 202310 Jun 2024215 Days
15 Bridstow Place, London, Greater London, W2 5AE£1,650,000£1,650,000£0013 Mar 202430 May 202478 Days
220c, Gloucester Terrace, London, Greater London, W2 6HU£500,000£475,000-£25,00008 Mar 202409 May 202462 Days
65 Artesian Road, London, Greater London, W2 5DB£3,750,000£3,500,000-£250,00014 Sep 202330 Apr 2024229 Days
Second And Third Floor Maisonette, 27, Sutherland Place, London, Greater London, W2 5BZ£1,395,000£1,365,000-£30,00019 Feb 202116 Apr 20241152 Days
38 Sutherland Place, London, Greater London, W2 5BZ£4,750,000£4,500,000-£250,00013 Sep 202314 Mar 2024183 Days
25a, Sutherland Place, London, Greater London, W2 5BZ£1,575,000£1,440,000-£135,00012 Oct 202322 Feb 2024133 Days
4 Westbourne Park Road, London, Greater London, W2 5PH£5,500,000£5,150,000-£350,00024 Apr 202301 Dec 2023221 Days
9a, Sunderland Terrace, London, Greater London, W2 5PA£1,485,000£1,400,000-£85,00012 Oct 202319 Oct 20237 Days
21a, Newton Road, London, Greater London, W2 5JR£4,000,000£4,000,000£0029 Mar 202302 Oct 2023187 Days
169d, Porchester Terrace North, London, Greater London, W2 6BJ£1,180,000£1,095,000-£85,00020 Dec 202224 Jul 2023216 Days
106 Hereford Road, London, Greater London, W2 5AL£4,950,000£4,500,000-£450,00017 Jun 202204 Jul 2023382 Days
106 Westbourne Park Road, London, Greater London, W2 5PL£3,500,000£3,250,000-£250,00003 Mar 202301 Jun 202390 Days
56 Chepstow Road, London, Greater London, W2 5BE£3,400,000£3,100,000-£300,00014 Oct 202202 May 2023200 Days
27 Artesian Road, London, Greater London, W2 5DA£3,995,000£3,450,000-£545,00029 Sep 202224 Apr 2023207 Days

Most Expensive Streets in Royal Oak

PostcodeStreetAreaAverageNo. of Sales
W2 5BUCourtnell StreetLondon£4,708,8336
W2 5BSNorthumberland PlaceLondon£3,921,8758
W2 5ASNorthumberland PlaceLondon£3,655,7147
W2 5SBMonmouth RoadLondon£3,417,8577
W2 5ALHereford RoadLondon£3,041,9005
W2 5PLWestbourne Park RoadLondon£3,040,0005
W2 5DAArtesian RoadLondon£3,027,1676
W2 5BZSutherland PlaceLondon£2,488,1258
W2 5NTAlexander StreetLondon£2,313,9386
W2 5QZSt Stephens MewsLondon£2,303,7504

Least Expensive Streets in Royal Oak

PostcodeStreetAreaAverageNo. of Sales
W2 5PTWestbourne GardensBayswater£319,3005
W2 6JTWestbourne CourtOrsett Terrace£325,3336
W2 6HUGloucester TerraceLondon£402,69213
W2 5RGHatherley CourtHatherley Grove£419,3333
W2 5DSPeters CourtPorchester Road£482,5004
W2 5RDHatherley CourtHatherley Grove£498,3333
W2 6BNGloucester GardensLondon£501,1666
W2 5DTPeters CourtPorchester Road£506,6663
W2 6ATPorchester SquareLondon£533,7504
W2 5REHatherley CourtHatherley Grove£533,8333

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