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

Sales remain brisk as demand continues
The market is busier than in any year since 2007. In the first nine months of 2021, HMRC estimate that more than 1.2 million homes changed hands, 47% higher than the long-term UK average (2010–2019) and just 50,000 fewer than the same period in 2007. On average, there is now only 2.2 months’ worth of stock available in the UK, compared to four months’ stock in 2019 (TwentyCi).
Six areas in the Thames Valley, Berkshire, Oxfordshire and Buckinghamshire have seen more than one in every 20 homes change hands over the past year. The average annual rate of housing stock turnover in the area as a whole is 4.6%.
 

 
On the up
The average price of a property has increased significantly during the past year, a number of localities experiencing double-digit annual price growth. Agents anticipate price growth will moderate over the coming months to more sustainable levels, with predicted growth of 3.0% in the South East during 2022 (Zoopla). According to Dataloft, the annual increase in the average property price in the region is £28,700.
 

 
Keeping warm 
COP26 focused attention on the environment and energy efficiency. An Energy Performance Certificate (EPC) is needed whenever a property is built, sold, or rented. While 90% of new build properties achieve the highest A or B rating, just 1 in 14 resale properties currently reach that grade, although 60% could with improvements. Upgrading could prove lucrative; resale properties rated A/B currently attract a 13% price premium (based on £psf), compared to those properties with the average D rating1.
 

 
 
Properties for sale in the Thames Valley, Berkshire, Oxfordshire and Buckinghamshire regions of the UK
Long Crendon, Buckinghamshire, 3 bedrooms

Fourpenny Cottage is a beautiful three-bedroom home with a thatched roof and timber framed windows. The accommodation retains many character features including an Inglenook fireplace with a bread oven in the sitting room, beamed ceilings and some leaded windows. There are lovely gardens of approximately a third of an acre, mainly laid to lawn with a variety of established trees and plants, incorporating a small spinney with a tarmacadam driveway providing off-road parking for three vehicles.
 
Windsor, Berkshire, 2 bedrooms

This charming two-bedroom terraced period property, with the added benefit of driveway parking, is located in a prime position in the heart of Windsor’s ‘Golden Triangle’. The property, which is just moments away from the Long Walk and Windsor town centre with its shops, restaurants and direct rail links to London, has been refurbished throughout and is offered with no onward chain.
 
Thrupp, Oxfordshire, 4 bedrooms

This Grade II Listed property is a 17th century Miller’s cottage, adjacent to an old water mill, converted in Victorian times into canal cottages. The property has been restored to the highest standard with many original features and incorporates modern services. Set beside open green space, the yard is gated at night and is close to the River Cherwell and the Oxford Canal, making it one of the most beautiful and authentic locations in the Oxford region.
 
Contact us
As property prices continue to rise and the UK hits a record number of sales for autumn, sell your property with experts in the property industry this winter. Contact your local Guild Member today.
 

 
 

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From the beginning, our experience with Michael and Rhys has been brilliant. Whenever we had a question to ask or needed some additional information, they were both just a phone call away and were always happy to provide us with an answer. As first time buyers, they made us feel ...

Sue Smith

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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Having had issues with other agents, we came to Astons who gave us an honest appraisal of our house – not overpricing it like others to gain business. Michael and Rhys are a great partnership and Rhys being local was able to provide viewers with information that other agents hadn’t. ...

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Recently sold our house with Aston & Co. We honestly could not have asked for more. From the moment Michael came to value the house, to the day to day communication from Rhys we have not had to chase them once. Michael and Rhys are a great partnership and a ...

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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.

Gareth Mueller

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 ...

Julie Perkins

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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Michael and Rhys handled both our sale and purchases. They had good local knowledge, their valuation turned out to be on point. Our sale viewings were nearly all on the same day and we accepted an offer very quickly. We were kept up to date regularly with that and our ...

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