House Prices & Sales in Buckinghamshire, September 2015 29
House Prices & Sales in Buckinghamshire, September 2015
29 October 2015
Buckinghamshire’s average house price increased £1,127 (0.4 per cent) in September to reach a new of high £316,514. Over the last year prices in Buckinghamshire have risen 8.4 per cent (£24,603), ahead of the 5.3 per cent (£9,393) recorded the across country as a whole. Mean prices in London rose 9.6 per cent (£43,662). Table 1: Mean house prices, September 2015 Av Price Buckinghamshire Central Bedfordshire Hertfordshire Milton Keynes Northamptonshire Oxfordshire Reading Slough Windsor and Maidenhead Wokingham
316,514 210,163 311,247 189,623 155,019 296,476 257,842 217,567 420,137 350,815
South East England & Wales
256,737 186,553
Rank (of 172) 34 55 35 66 90 37 43 51 18 29 2 -
Annual Change Change 2007-15 % Rank % Rank 8.4 30 16.2 42 8.8 23 8.2 51 11.8 9 24.4 29 9.1 21 7.1 54 5.8 63 -3.1 80 8.6 25 18.7 38 15.3 1 20.2 36 12.1 6 16.4 41 8.7 24 24.4 28 9.7 16 22.2 35 8.5 5.3
2 -
13.8 3.1
2 -
Source: Land Registry, 2015
Since the pre-recession peak of November 2007, there have been wide variations in the recovery of house prices across England and Wales as shown in chart 2. At the national level, prices have risen by 3.1 per cent, however of the 11 NUTS 3 regions that make up England and Wales only London (up 43.1 per cent), the South East (13.8) and the East of England (9.9) had higher mean house prices in September than in November 2007. Prices in the North East remain 21.3 per cent below the peak. There were 865 house sales in Buckinghamshire in July, the highest monthly total of the year and just 13 fewer than recorded in the same month last year. Over the last year there have been 9,166 house sales in the county, the fewest in any 12 month period since the year ending March 2014 and 26.3 per cent below 2007’s peak. Table 2: House sales, July 2015 Buckinghamshire Central Bedfordshire Hertfordshire Milton Keynes Northamptonshire Oxfordshire Reading Slough Windsor and Maidenhead Wokingham South East England
July 2015 865 508 2,010 361 1,163 944 236 155 231 235 14,427 77,729
Year to July 15 Change 2007-15 Rank 9,166 -26.3 30 5,541 -21.8 10 19,656 -29.4 51 4,274 -40.3 126 12,842 -36.8 102 10,709 -24.7 21 2,834 -31.8 74 1,995 -31.4 70 2,417 -31.0 67 2,933 -28.5 45 156,791 -29.5 3 829,380 -33.7 Source: Land Registry, 2015
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Chart 1: House sales over time (year ending September 2007=100) 110 100 90 80 70 Buckinghamshire 60
South East England
50
Manchester 40
Aug-Jul 2015
Aug-Jul 2014
Aug-Jul 2013
Aug-Jul 2012
Aug-Jul 2011
Aug-Jul 2010
Aug-Jul 2009
Aug-Jul 2008
Aug-Jul 2007
Aug-Jul 2006
Aug-Jul 2005
Aug-Jul 2004
30
Source: Land Registry, 2015
Chart 2: Change in mean house prices by region since pre-recession peak (Nov 2007) London
South East
East
South West
East Midlands
West Midlands
Yorks & Humber
Wales
North West
North East -30
-20
-10
0
10
20
30
40
50
Source: Land Registry, 2015
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[email protected]
29 October 2015
Buckinghamshire’s average house price increased £1,127 (0.4 per cent) in September to reach a new of high £316,514. Over the last year prices in Buckinghamshire have risen 8.4 per cent (£24,603), ahead of the 5.3 per cent (£9,393) recorded the across country as a whole. Mean prices in London rose 9.6 per cent (£43,662). Table 1: Mean house prices, September 2015 Av Price Buckinghamshire Central Bedfordshire Hertfordshire Milton Keynes Northamptonshire Oxfordshire Reading Slough Windsor and Maidenhead Wokingham
316,514 210,163 311,247 189,623 155,019 296,476 257,842 217,567 420,137 350,815
South East England & Wales
256,737 186,553
Rank (of 172) 34 55 35 66 90 37 43 51 18 29 2 -
Annual Change Change 2007-15 % Rank % Rank 8.4 30 16.2 42 8.8 23 8.2 51 11.8 9 24.4 29 9.1 21 7.1 54 5.8 63 -3.1 80 8.6 25 18.7 38 15.3 1 20.2 36 12.1 6 16.4 41 8.7 24 24.4 28 9.7 16 22.2 35 8.5 5.3
2 -
13.8 3.1
2 -
Source: Land Registry, 2015
Since the pre-recession peak of November 2007, there have been wide variations in the recovery of house prices across England and Wales as shown in chart 2. At the national level, prices have risen by 3.1 per cent, however of the 11 NUTS 3 regions that make up England and Wales only London (up 43.1 per cent), the South East (13.8) and the East of England (9.9) had higher mean house prices in September than in November 2007. Prices in the North East remain 21.3 per cent below the peak. There were 865 house sales in Buckinghamshire in July, the highest monthly total of the year and just 13 fewer than recorded in the same month last year. Over the last year there have been 9,166 house sales in the county, the fewest in any 12 month period since the year ending March 2014 and 26.3 per cent below 2007’s peak. Table 2: House sales, July 2015 Buckinghamshire Central Bedfordshire Hertfordshire Milton Keynes Northamptonshire Oxfordshire Reading Slough Windsor and Maidenhead Wokingham South East England
July 2015 865 508 2,010 361 1,163 944 236 155 231 235 14,427 77,729
Year to July 15 Change 2007-15 Rank 9,166 -26.3 30 5,541 -21.8 10 19,656 -29.4 51 4,274 -40.3 126 12,842 -36.8 102 10,709 -24.7 21 2,834 -31.8 74 1,995 -31.4 70 2,417 -31.0 67 2,933 -28.5 45 156,791 -29.5 3 829,380 -33.7 Source: Land Registry, 2015
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Chart 1: House sales over time (year ending September 2007=100) 110 100 90 80 70 Buckinghamshire 60
South East England
50
Manchester 40
Aug-Jul 2015
Aug-Jul 2014
Aug-Jul 2013
Aug-Jul 2012
Aug-Jul 2011
Aug-Jul 2010
Aug-Jul 2009
Aug-Jul 2008
Aug-Jul 2007
Aug-Jul 2006
Aug-Jul 2005
Aug-Jul 2004
30
Source: Land Registry, 2015
Chart 2: Change in mean house prices by region since pre-recession peak (Nov 2007) London
South East
East
South West
East Midlands
West Midlands
Yorks & Humber
Wales
North West
North East -30
-20
-10
0
10
20
30
40
50
Source: Land Registry, 2015
[email protected]
[email protected]
[email protected]
