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You searched for listings within w8. There are currently 32 price drops in this postcode. Recently updated listings are highlighted in pink. Click here to sort by last updated date.

View other nearby postcodes: sw5 sw7 w14 w11 w2 sw10 sw3 w6 sw1x sw6

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  address type original price current price change days on market postcode
10,Lexham Gardens,London W8 5JE 2 bedroom £599,950 £550,000 DOWN 8% 59 days (w8)
13,Pembroke Mews,London W8 6ER 3 bedroom £2,000,000 £1,800,000 DOWN 10% 333 days (w8)
29,Iverna Gardens,London W8 6TN 4 bedroom £2,700,000 £2,499,000 DOWN 7% 80 days (w8)
85,Bedford Gardens,London W8 7EQ 3 bedroom £5,250,000 £4,950,000 DOWN 5% 228 days (w8)
85,Campden Street,London W8 7EN 3 bedroom £2,100,000 £1,850,000 DOWN 11% 137 days (w8)
Archel Road,West Kensington,London W8 5EH 2 bedroom £430,000 £399,950 DOWN 6% 225 days (w8)
Barons Court Road,West Kensington O W8 5EH 1 bedroom £305,000 £279,000 DOWN 8% 165 days (w8)
Bedford Gardens, London W8, Three B W8 7EQ 3 bedroom house £5,250,000 £4,950,000 DOWN 5% 231 days (w8)
Buy Flat For Sale London Greater Lo W8 5LL 2 bedroom £825,000 £799,950 DOWN 3% 222 days (w8)
Cheesemans Terrace,West Kensington W8 5EH 1 bedroom £225,000 £215,000 DOWN 4% 193 days (w8)

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View other nearby postcodes: sw5 sw7 w14 w11 w2 sw10 sw3 w6 sw1x sw6



Comments

  • Anon || While it is heartening to see some drops given that the price per sq ft say of a house in abingdon villas has nearly quadrupled in as little over as many years a price drop of 20% is not enough. Is this a greedy attempt to exit on a high as the market turns (a last hurrah), a misplaced belief that there are 10s of thousands of newly made billionaire Russians (as opposed to a few hundred) or has the world gone mad? -- left at Fri Jun 13 08:37:02 +0000 2008
  • Andy || This is just the beginning. Those quadruple gains will be turned into quaduple losses within 3 years. -- left at Sun Jul 13 05:28:04 +0000 2008
  • Jon || These ugly looking houses are next to a rubbish dump and a seedy looking caf, the owner should remove a nought from the asking price, that's what they are really worth !! -- left at Mon Aug 04 18:01:30 +0000 2008
  • Londoner, Proud and not worried || Wow, Andy what jealousy! You really are hoping to see such demise - envy is not a nice characteristic. The problem with this country is envy. Why cant people stop hating each other just because someones got a bit more money or a better car? They may be nice people as well. Not all rich people are horrible - some are nice! Most of these owners A) dont have big mortgages - if any at all, B) will swan off to the south of France and their 2nd homes to sun it off for a while and C) will rent the homes out for a lucicrous amount of money to fund this excursion. They'll then come back when the dust has settled and resume life and not be too bothered about losing a few k's here and there - for they know that in a few years they'll make get those k's back and then some. Most of London always comes back up as its not dependent on the rest of the country - where demand will tail off the most. London and especially Princess Diana land will never lose its appeal - not unless the world blows up - it is the greatest city in the WORLD! -- left at Sat Sep 27 22:33:30 +0000 2008
  • Keynes || Hello. I don't want to sound too bearish or too clever, but this is all very simple and is all about numbers. Financial services alone in London have already shed c. 20-30,000 people. This number is rising daily, and will likely top out by 2012 with a number close to 200,000. Unemployment is rising sharply across the country in all industries, so lowering interest rates is utterly irrelevant for the UK property market when unemployment is rising this fast. People cannot pay mortgages when they don't have a job. London property is still one of the outstanding short candidates of a generation. It is completely inconceivable that prices do not fall 30-40% across London. More likely is a full 50% fall. This would bring us back to the 100 year trend of prices rising in line with demographics and GDP. We have been in a bubble since 1995 that dwarfs dot.com in magnitude and euphoria. Any seller looking for more than 1000 per square foot must be relying on a complete fool to hand that over. There are still plenty of these people about, but even they are beginning to get it, albeit incredibly slowly. As an investment it is cloud cuckoo land. The adjustment It is taking time because of years of psychological conditioning. But further serious falls are an economic certainty. Still a great short. Sorry. -- left at Sat Nov 29 16:14:20 +0000 2008
  • Buddha || Some numbers. Current unemployment in the UK is 5.8% at 1.8m people. Unemployment in past recessions in the 80's and 90's reached 12% and 10% respectively. At best this time round we can expect 10%. That is a further 1.5m people to lose their jobs in the UK in the coming couple of years. Home ownership ratios in the UK are around 70%, so conservatively, we can assume 1m of those newly unemployed are home owners. I'm afraid it is inconceivable that prices can withstand this economic onslaught. Prices at best are likely to fall to 2002 levels. Residential housing is an amateur market, that's why the adjustment is taking so long. The equity market started hammering the UK house builders in 2007. The signs have been there for some time and the avalanche has now started. I don't say this with any glee. This will be a genuine tragedy for many people. The levels of euphoria in UK housing in recent years will be met with despair in equal measure. It is the law of the market. Good luck and Godspeed. -- left at Sun Nov 30 22:05:25 +0000 2008
  • Simon || We are only witnessing the crest of the tidal wave that will cream off +60% of house prices. My mate sold a mews house in Adams and Eve mews just 3 years past. He thought he made a killing at 1.2 million... now next doors it is at 2.3million. He brought for 400k in 97.. I'll tell u this.. 97 prices will come around again! -- left at Fri Jan 09 16:25:16 +0000 2009
  • Buddha Keynes || Will foreign buyers stop the plunge in prices in London? This is a fairly widespread view in certain circles. I don't buy it. Literally. Sterling's weakness is symptomatic of fairly widespread capital flight out of the UK at the moment. The weakness in GBP does make life easier for foreigners to buy now but I don't see too many new entrants into international property in 2009. Even the middle east are having to tighten their absurd stipends at 40 USD oil. In some cases substantially. If their was a derivative of Harrods' revenue line I would short it. Although it is hard to get too many stats on recent demographics, it seems that foreigners are net sellers rather than buyers at the moment. This is either from the carnage in the banking sector at the top end, or from eastern Europeans at the low end. The strength of the Zloty vs Sterling for example, makes it pointless for a Polish person to work in the UK and remit their money back home. In the currency move alone they have taken a 25% pay cut in the last 12 months. I would argue that London's population is falling a small amount at the moment. So I don't think the foreign buyer is an important consideration for pricing in 2009. It now only serves trying to work out what the maximum falls can be. Looking at the long run data since 1952 from the Nationwide Building Society, and discounting it by RPI, it suggests that real prices topped out at 50% above trend across the country in 2007. By "trend" I am using a simple regression of the chart in price moves since 1952. So a 50% fall Nationwide is about right, but what does that mean for London, which rose so much more than the nationwide average? London went up 350% between 1994 and 2007. I think falls between 50% - 70% are the target range for London but it is very hard to calculate which end of the range. 70% would be the worse case scenario because it takes us a little below trend and also critically back to 1994 levels which is when the lunacy began. I'd plug for a middle of the road 50% - 60% for London. I think at that point it is worth having a dip, but only with the expectation of modest returns above inflation. That's what the data since 1952 suggests anyway. Will the Olympics be a factor? I don't see why it should attract marginal buyers into the market as a whole. I just wish it would all happen a bit quicker and get it over and done with. It is moving so slowly. We ought to have much more liquid housing derivatives not only for hedging but also to give the nudge to the cash market. I'm sure it will be something that emerges from this crisis in a few years in a stronger form. That will be good. Godspeed and keep your heads. -- left at Thu Jan 29 20:21:40 +0000 2009
  • || these comments are about a year old. -- left at Thu Nov 26 18:59:18 +0000 2009
  • Buddha Keynes || Hmn being bearish in Nov 2008 added up for about 5 months. W8 prices have gone to new highs through 2010 and early 2011. I was wrong, despite all my stats. Foreign buyers did mop up the high end market in London in 2H 2009 through to 1H 2011. London was able to offset the general decline of the rest of the UK, where more conventional country specific macro forces were at work, pushing prices down in real terms considerably. But what about now? Prime London has been as resilient as gold in the last two years and many see a continued army of freshly minted Chinese millionaires buying in London indefinitely. I am not so sure, despite London's world capital status, can prices continue to march up. We are having a re-run of the financial crisis, banks have started laying people off, and this time, Sterling is strengthening, making it a bit harder for foreigners to keep piling in. I still think Kensington and Chelsea is a sell, despite being completely wrong since Q2 2009. I also know that I am writing this entry purely for myself to read only. That's the beauty of it. -- left at Wed Sep 14 20:45:17 +0000 2011

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