Nationwide: House Price Rise Hits 10.5%

The BBC Online Reports that annual rate of UK house price inflation has hit double figures for the first time since June 2007, according to the Nationwide.

The building society said that house prices in the UK had risen by 10.5% in the year to the end of April.

Prices rose by 1% in April to push the cost of the average home to £167,802.

However, the Nationwide predicted that the past year's surge in prices would tail off later this year, with sellers starting to outnumber buyers.

The building society's figures show that prices in the past three months were just 1.1% higher than in the preceding three months.

Despite the revival in prices, which has taken many commentators by surprise, activity in the property market is still relatively subdued.

This has been due to the enforced rationing of mortgage funds provoked by the credit crunch and the banking crisis that started in 2007.

This means the average first-time buyer still has to put down a 25% deposit to secure a mortage.

The most recent figures from HM Revenue & Customs (HMRC) showed that completed sales in the UK jumped by 22% in March from the month before to 72,000.

However, apart from last year, that was the lowest March figure since the HMRC's current records started in 1978.

"The strong rebound in house prices over the last year has taken place within the context of a subdued mortgage market, with the number of mortgage advances across the industry still well down on pre-crisis 'norms'," Mr Gahbauer said.

Willesden Lane Flat for Sale NW6

North London Leasehold Property:£229,950

Paramount are pleased to offer for sale this well presented one bedroom flat, set on the second floor of a portered block. The property is situated within easy walking distance of Kilburn Jubilee Line, Brondesbury Silver Link stations and Salisbury Road. The property offers a reception room with views over the garden, modern fitted kitchen, bedroom and a bathroom comprising of a white three piece suite. Further benefits include porter, lift, communal gardens, off street parking and a long lease. The property is being offered with no upper chain.
The current owner will pay a contribution towards the first two years service charge.

Tarranbrae, Willesden Lane, London, NW6

Kilburn Property For Sale

Kilburn is very centrally located between Cricklewood, West Hampstead, Queens Park and Maida Vale. Kilburn is a bustling area featuring an extensive high street packed with well known branded stores, popular independent shops, banks and a lively indoor market.

For Kilburn property sales and to arrange a free property valuation for your flat, house, studio, penthouse or loft apartment in Kilburn please contact us on 020 7644 2331

For Kilburn property lettings and Kilburn property management enquiries ot arrange a free rental evaluation for your flat, house, studio, penthouse or loft apartment in Kilburn please contact us on 020 7644 2332

To discuss all commercial, licensed, industrial, leisure, office, retail, residential, healthcare and student investment properties in Kilburn please contact us on 020 7644 2333

Follow the link for more information on properties for sale in Kilburn, London NW6

London Property Investments For Sale

Ranging from individuals who want to buy a second property to rent out through to land buyers and developers of some of the largest and successful property companies, Paramount Properties offer a valuable investment & development service.

London Property Investments Purchased through Paramount Properties

• Single residential property bought as a rental investment
• Portfolios of residential rental investments
• Shop and upper parts of a single property bought as rental investment
• Commercial and Industrial units bought as rental investment

Follow the link for more information on London Property Investments for Sale

Duplex Flat for Sale Brondesbury

Brondesbury Flat for Sale:Leasehold: £309,950

A two double bedroom duplex flat, set over two floors of a purpose built block. The flat is situated in a small cul de sac just off one of Brondesbury's most popular tree lined roads close to Kilburn Jubilee Line and Brondesbury Silver Link Stations. The property offers a good size reception room (currently divided unofficially into two rooms), kitchen with a full range of wall and base units, master bedroom, second double bedroom, bathroom which could do with some modernisation and off street parking.

Cavendish Close, Cavendish Road, Brondesbury, London, NW6

Kilburn Luxury Apartment For Sale

Jubilee Heights, 1 Shoot Up Hill, Kilburn, London, NW2

An immaculately presented and superbly finished two double bedroom two bathroom apartment set in a new construction of a prestigious secure portered development on the Kilburn/Mapesbury Conservation boarders. The modern development offers access to a superb swimming pool, gymnasium and sauna and is located within moments to all the local amenities including the Jubilee underground and the London Overground stations, local shops, restaurants and Bistro pubs in addition to multiple bus routes along the Edgware road into central London. The accommodation comprises of a double aspect reception room with porcelain tiled floors and direct access to a rear West facing private balcony, a luxury fitted open plan kitchen with granite worktops, integral fridge/freezer/dishwasher/microwave/oven with hob and a stunning family bathroom comprising of a double shower, a white three piece suite, extractor fan and heated towel rail. Further benefits include fitted wardrobes to both double bedrooms, a stunning ensuite bathroom with double shower to the master bedroom, utility room housing washer dryer, a large entrance hall with fitted cupboard, under floor heating, triple glazing throughout, video entryphone, long lease and allocated parking. Call now to view this incredible chain free apartment.

Kilburn Apartment for Sale

Fordwych Road, Cricklewood, London, NW2

3 Bed Garden Flat for Sale, Cricklewood

Three double bedroom garden flat, set on the ground floor of an attractive red brick detached property. The property is situated within walking distance of Kilburn and Willesden Green Jubilee Line Station and Cricklewood Thames Link Stations. The property offers a 21ft reception room with patio doors to the garden, modern fitted kitchen, bay fronted master bedroom, second double bedrooms with storage, third double bedroom, family bathroom comprising of a modern white three piece suite and a guest W/C. Further benefits include private rear garden, wooden flooring and a share of freehold.

Fordwych Road, Cricklewood, London, NW2

Cricklewood House for Sale

Elm Grove, Cricklewood, London, NW2 Freehold: £494,950

4 Bedrooms
2 Reception Rooms
2 Bathrooms

A well presented extended four bedroom house, situated within an easy walk of Cricklewood Thames Link station. The property offers a bay fronted west facing reception room, dining room, kitchen/breakfast room with a full range of wall and base units, utility room, bay fronted master bedroom, two further double bedrooms, fourth single bedroom and a bathroom with separate W/C. Further benefits include private rear garden, downstairs W/C, and recently fitted boiler.

Elm Grove House for Sale, NW2

Childs Hill Flat for Sale NW2

NW2 Flat for Sale Leasehold: £235,000

1 Bedroom
1 Reception Room
1 Bathroom

A superb one bedroom flat within this converted former public house within a short distance to multiple bus routes, Thames link at Cricklewood, Northern line at Golders Green and the A41/M1 road links. The accommodation comprises a superb reception room with doors to a fantastic roof terrace giving amazing aerial views across the surrounding area, secure gated off street parking and a security video entry phone system. In addition this home offers a modern three piece bathroom, fitted kitchen and wood style flooring. This flat is offered chain free and an immediate viewing is highly recommended.

Primrose Court, Cricklewood Lane, Childs Hill, London, NW2