Thinking about releasing equity in Buckinghamshire? A property market overview
If you are considering releasing equity in Buckinghamshire, you may wish to know more about how your property may have increased in value over the years. As far as investments go; property has always been one of the favourite and safest ways to save money and Buckinghamshire has long been considered a very desirable place to be. With stunning scenery, countless historic landmarks, close commuting connections to London, there are countless reasons why it so popular.
According to Rightmove, in 2020 properties in the county fetched an overall average price of £424,000. The majority of sales were detached homes, selling for an average price of just over £620,000, with semi-detached homes selling for £359,000. According to Zoopla, the most expensive area to live are around the Chilterns. This includes Beaconsfield and Chalfont St Giles (with average property prices of over £1million), Gerrard’s Cross (with an average property price of £979,000), Great Missenden (with an average property price of £759,00), and Amersham (with an average property price of £739,00). During the Covid-19 pandemic, many people looked to move out of London to Bucks for more space and countryside on the doorstep, pushing the property prices up further.
If you are thinking about equity release or have questions about whether it could be right for you, we can visit your Buckinghamshire property and tell you more about the process and discuss your individual circumstances. There is no obligation to proceed and this meeting is always completely free of charge.