Still No Crash in the Acton Property Market

Acton’s property market appears to be remaining stable despite the UK officially dipping into recession and house prices at a national level consistently declining.

Although the number of transactions in the local area remain very low the average reported so far in the fourth quarter of 2008 is £359,011. November’s average was slightly higher than that seen in October even if you include the sale of a property in Rosemont Road for over £1,000,000.

This is actually above the average level achieved in the third quarter which was £331,400. Although the volume of properties changing hands currently makes it difficult to conclude that the market is actually rising, there is nothing in the latest numbers to suggest that there is a severe slump.

There doesn’t appear to be any generally accepted explanation as to why property in the area appears to be holding up relatively well. Some observers such as Craig Murray, former UK Ambassador to Uzbekistan, believe that the market is being distorted by the Council and other housing agencies bidding up the rental market for social housing tenants. The recent case of a family being housed in a seven bedroom house in Acton worth over a million highlighted the level of rents available to landlords operating in this sector.

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Fulham lettings agents: Lettings in London SW6

Fulham is adjacent to Chelsea and extremely popular with young professional singles and families. Originally, the area was a market garden and the architecture is mostly Victorian offering a range of family houses and converted flats. Fulham is in high demand with its direct links into the City and offers easy access to West London (i.e. Hammersmith, the M4, Heathrow Airport) and to the South West via the A3.

The abundance of Montessori Schools, nurseries and Prep schools make Fulham a popular choice for many young families, add to this the fact that the area has four parks, all with children’s facilities and tennis courts. The local Hurlingham Club and Harbour Club serve more sporty residents.

Lettings in Earls Court SW5

Earls Court was at one point known as Kangaroo Alley due to the vast number of antipodeans who stayed there, however this doesn’t apply as much anymore. It still has the reputation of an area where people stay – not where they live.

In addition to this, in the late 70′s and early 80′s it became the gay centre of London. Once again, this no longer applies although the area retains a large gay presence. Overall, Earl’s Court is a somewhat seedy, fairly uninspiring place – but it does have its moments.

Property in Ealing

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Lettings Agents in Docklands, London E1, E14 & SE16

The London Docklands was once a major port with docks, wharfs and jetties bustling with clippers, barges and steamships loading and unloading their cargo. In past centuries there was a great sense of community amongst the dockers and East End labouers living here. Major residential development began in the 1980s and many of the warehouses have been converted into modern apartments and penthouses. Family houses are still rare in this part of London, but for young professionals working in “The City” on the north side of the river, it has become a convenient, cost effective and increasingly fashionable place to live.

Lettings Agents in Clapham: Lettings in London SW4

Clapham was originally a small hamlet in the early 19th Century. The area now has two main assets: Clapham Common and excellent transport links into Central London and the City from Clapham Junction. Properties in this area range from splendid Georgian and Regency homes surrounding the Common to Victorian terraced houses and conversion apartments. Shops and restaurants can be found on Abbeville Village and Clapham Old Town.

Lettings agents in Chelsea: Lettings in London SW3 & SW10

Chelsea is a district of London, loosely defined by the area around the King’s Road, beginning at Sloane Square at one end, and the “World’s End” public house at the other, the River Thames and the Victorian artists’ district to the south, and some parts between the King’s Road and the Fulham Road. The eastern boundary is defined by the River Westbourne, which is now in a pipe above Sloane Square Underground and Counter’s Creek provided the original western boundary. The district is part of the Royal Borough of Kensington and Chelsea.

Although the heady days of the Sixties are long gone the King’s Road still retains its charm and character and is an excellent street for shopping. As a residential area Chelsea has a reputation for elegance and is therefore home to many a celebrity. The properties are smart and can command high rental figures.

Notting Hill Lettings Agents: Lettings in London W11

Many of the grand refinements of Holland Park are also apparent in Notting Hill, but the neighbourhood has a younger, more bohemian feel to it. There is a variety of restaurants to suit all tastes and budgets, lively pubs, trendy bars and two local cinemas. The area is perhaps most famous for the Portobello Road with its busting markets and the annual Notting Hill Carnival. The vast majority of the large terraced houses have been converted into one, two and three bedroom apartments. There are also smaller houses and mews cottages. Hyde Park is a short walk away.

Lettings in Fulham SW6

Fulham grew up, like many other parts of London, as a little riverside settlement out of London proper sometime in the 14th century. It wasn’t until the 1840′s that it was finally swallowed by the city – and this explains (to an extent) how it retains its “village” charm.

Nowadays it’s the area to live in if you can’t afford Chelsea or Kensington. However, Fulham is far from cheap though! Fulham is characterised by shockingly expensive terraced houses and quiet evenings.

As you’d expect from an area like this the bars and restaurants aren’t the cheapest – but they do tend to be of a rather high standard. Additionally, since the surroundings are pleasant, Fulham is an excellent place to go for a stroll.

Before you head towards the pub or a restaurant have a look at Fulham Palace (Bishop’s Avenue). This was the summer residence of the Bishop of London from 704 until 1973. It’s not really a palace – more of a Tudor manor, but don’t let that stop you. The grounds themselves are very nice to look at and include a bunch of curiosities – so it’s well the visit.

History of Ealing

The earliest known residents in Ealing were Saxon settlers in the twelth century, even the name Ealing comes from the Saxon place-name Gillingas.

Originally, Ealing was part of a dense forest to the west of London. However, as London developed, so did Ealing, becoming predominatly an area used for market gardens.

Ealing became the area we know today around about 1850, when -due to improved travel villages grew into small towns, until they developed into a single residential area which we today know as Ealing.

More recently, it has been predominantly Ealing Studios which has placed Ealing on the map. The well known “Ealing Comedies’ such as The Ladykillers and Passport to Pimlico were sterling examples of the studios fine work in cinema.

In 1955, Ealing Studios was taken over by the BBC and soon, scenes of Ealing were being broadcast to the nation in benchmark pieces of British broacasting such as Doctor Who and Monty Python’s flying circus