Regional Property Market Update Spring 2021: Thames Valley, Berkshire, Oxfordshire and Buckinghamshire

At 6.2%, average annual price growth in the South East is lower than the UK average. However, growth is currently at its strongest level since January 2017 and considerably higher than the -0.3% recorded this time a year ago. Although Rightmove report average asking prices fell 1.4% month on month in January, properties are selling more quickly than a year ago.
 
Annual price growth has strengthened across the UK in recent months

 
Most active housing markets across Thames Valley, Berkshire, Oxfordshire and Buckinghamshire
At £342,271 the average price of a property in the South East of England is £20,000 more expensive than a year ago and activity across the market is robust. On average 3.6% of private properties are sold each year, with turnover across three areas more than 4%. Over 18,300 new homes were registered for sale during 2020, and nationally registrations have been on an upward trend since September. 
First-time buyers were particularly affected by the closed housing market and the stricter mortgage lending that followed. However, buyer numbers have recovered steadily, with transactions just 2% lower year on year during the final six months of 2020 (UK Finance). The number of High Loan-to-Value (LTV) mortgage products has also increased, Moneyfacts reporting there were 169 products available at 90% LTV in January, over double the number available back in July. Lending rates remain low, the average mortgage rate the lowest in history.
 

 

 
 
Properties for sale in Thames Valley, Berkshire, Oxfordshire and Buckinghamshire
Wokingham, Berkshire, 4 bedrooms

Fox and Hounds Cottage is a charming home neighbouring a popular gastro pub, surrounded by fields, yet is within easy reach of Wokingham town centre as well as two mainline train stations, Wokingham and Twyford. The four-bedroom property offers plenty of parking, stunning gardens and has light and airy interiors with exposed beams.
 
Kidlington, Oxfordshire, 4 bedrooms

This Grade II Listed detached family home was formerly an inn run by monks, then a public house, with origins dating back to the 16th century. The accommodation comprises a generous sitting room with an open fireplace, a games room, a dining room, an office, a kitchen, four bedrooms and two bathrooms. Outside, the property has ample driveway parking, a garage and gardens.
 
Farnham Common, Buckinghamshire, 5 bedrooms

This delightful five-bedroom semi-detached home is extremely well-presented and is situated on a sought-after road within strolling distance of Farnham Common village shops and Burnham Beeches Nature Reserve. The property further benefits from gated driveway parking and an integral garage.
 
Contact us
If you want independent guidance on moving home or are looking for the best agent in your area, find your local Guild Member today.
 

 

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We can’t fault Aston and co in Syston, for their handling of the sale of our property. We were kept up to date weekly and nothing was too much trouble. Both Micheal and Rhys were approachable and very professional. I would definitely recommend using them for an efficient and hassle ...

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We chose Aston & Co in Syston to handle the sale of our property. We were kept up to date regularly and Michael and Rhys dealt with all matters efficiently and quickly.We would definitely recommend using them for an efficient and hassle-free move.

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We bought a house from a vendor who used Astons & Co as their agent. Rhys was helpful and professional from start to finish and regularly kept us in the loop with how things were progressing. Communication was efficient and swift all the way through.

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From the first visit to value our property to the final phone call informing us of completion Rhys and Michael at the Syston office have been brilliant, down to earth, realistic with valuation very easy to get in touch with.Making everything less stressful.Regular updates were very reassuring . I would ...

Charlotte Hings

The team at Astons are great. They’re really down to earth, take time to listen and help resolve anything they can for you.Their communication is excellent as they always keep you in the loop with what is happening with your sale. They keep both seller and purchaser happy.Fees are reasonable ...

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We have recently used Aston & Co to sell our property. At all times we received regular reports from them on interest and following viewings . When our property sold Astons managed the chain keeping all parties fully informed and I believe that without their input our sale would have ...

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