House prices & sales in Buckinghamshire, July 2017 ... AWS
House prices & sales in Buckinghamshire, July 2017
12 September 2017
Buckinghamshire’s average house price rose by £469 (0.1 per cent) in July to reach a new high of £410,227, according to new data from the Land Registry. At 5.5 per cent (£21,243), Buckinghamshire’s annual increase in average house price is at its lowest level since the start of 2014 but remains above national and regional rates of growth. Since national prices reached their pre-recession peak in September 2007, Buckinghamshire’s average house price has risen by 42.6 per cent, the 2nd highest rise among county councils, well above the 24.9 per cent recorded across England. Buckinghamshire’s average house price is now 68.7 per cent above England’s average, up from 47.9 per cent in September 2007. Table 1: Mean house prices, July 2017
Aylesbury Vale Chiltern South Bucks Wycombe
Average price Monthly change £ Rank £ % Rank 333,781 83 1,338 0.4 243 551,785 13 5,811 1.1 199 616,484 9 -11,396 -1.8 358 -93 -0.0 283 400,525 51
Annual change £ % Rank 20,220 6.4 129 45,629 9.0 55 -4,467 - 0.7 357 17,740 4.6 199
Buckinghamshire
410,227
2
469
0.1
24
21,243
5.5
19
South East London Inner London Outer London
320,905 488,729 591,814 431,997
2 1
-0.4 0.3 0.5 0.9
12 9
11,836 13,199 20,162 12,708
3.8 2.8 3.5 3.0
9 12
-
-1,359 1,408 3,045 3,872
England United Kingdom
243,220 226,185
-
2,337 2,385
1.0 1.1
-
-
12,352 5.4 11,058 5.1 Source: Land Registry, 2017
While the overall average house price in Buckinghamshire rose in July, both detached and semi-detached houses saw slight falls compared to June. Flats have seen the strongest price rise in the last year at 5.8 per cent but the average price of detached homes is now 3.0 times that of flats, up from 2.7 in 2007, with price difference reaching £484,000, up from £282,000. Table 2: Mean house prices & annual change by property type, March 2017
Aylesbury Vale Chiltern South Bucks Wycombe Buckinghamshire
Detached £ % 539,978 8.5 908,901 9.0 -0.7 1,085,594 660,232 4.6 721,458
5.7
Semi-detached £ % 319,017 1.3 495,755 9.2 495,644 -5.8 385,776 4.5
Terrace £ 257,524 392,822 430,479 330,160
395,343
316,579 4.8 237,949 5.8 Source: Land Registry, 2017
5.4
% -1.4 7.9 -1.9 4.1
Flat £ 196,300 282,469 312,790 225,942
% 7.5 9.9 -4.8 5.0
There were 551 house sales in Buckinghamshire in May, taking the annual total to 8,757, 12.5 per cent below the total for the previous year and almost a third (31.4 per cent) below the peak of 12,771 reached in the year ending June 2007.
12 September 2017
Buckinghamshire’s average house price rose by £469 (0.1 per cent) in July to reach a new high of £410,227, according to new data from the Land Registry. At 5.5 per cent (£21,243), Buckinghamshire’s annual increase in average house price is at its lowest level since the start of 2014 but remains above national and regional rates of growth. Since national prices reached their pre-recession peak in September 2007, Buckinghamshire’s average house price has risen by 42.6 per cent, the 2nd highest rise among county councils, well above the 24.9 per cent recorded across England. Buckinghamshire’s average house price is now 68.7 per cent above England’s average, up from 47.9 per cent in September 2007. Table 1: Mean house prices, July 2017
Aylesbury Vale Chiltern South Bucks Wycombe
Average price Monthly change £ Rank £ % Rank 333,781 83 1,338 0.4 243 551,785 13 5,811 1.1 199 616,484 9 -11,396 -1.8 358 -93 -0.0 283 400,525 51
Annual change £ % Rank 20,220 6.4 129 45,629 9.0 55 -4,467 - 0.7 357 17,740 4.6 199
Buckinghamshire
410,227
2
469
0.1
24
21,243
5.5
19
South East London Inner London Outer London
320,905 488,729 591,814 431,997
2 1
-0.4 0.3 0.5 0.9
12 9
11,836 13,199 20,162 12,708
3.8 2.8 3.5 3.0
9 12
-
-1,359 1,408 3,045 3,872
England United Kingdom
243,220 226,185
-
2,337 2,385
1.0 1.1
-
-
12,352 5.4 11,058 5.1 Source: Land Registry, 2017
While the overall average house price in Buckinghamshire rose in July, both detached and semi-detached houses saw slight falls compared to June. Flats have seen the strongest price rise in the last year at 5.8 per cent but the average price of detached homes is now 3.0 times that of flats, up from 2.7 in 2007, with price difference reaching £484,000, up from £282,000. Table 2: Mean house prices & annual change by property type, March 2017
Aylesbury Vale Chiltern South Bucks Wycombe Buckinghamshire
Detached £ % 539,978 8.5 908,901 9.0 -0.7 1,085,594 660,232 4.6 721,458
5.7
Semi-detached £ % 319,017 1.3 495,755 9.2 495,644 -5.8 385,776 4.5
Terrace £ 257,524 392,822 430,479 330,160
395,343
316,579 4.8 237,949 5.8 Source: Land Registry, 2017
5.4
% -1.4 7.9 -1.9 4.1
Flat £ 196,300 282,469 312,790 225,942
% 7.5 9.9 -4.8 5.0
There were 551 house sales in Buckinghamshire in May, taking the annual total to 8,757, 12.5 per cent below the total for the previous year and almost a third (31.4 per cent) below the peak of 12,771 reached in the year ending June 2007.
