I have been a little quiet over the last couple of months (on the blogging front at least), but as the clocks have drawn in I thought it would be a good time to get back to writing about the Uxbridge property market. How about we start with a roundup of prices in Hillingdon and how the market has performed over the last few months?
The market in Hillingdon remains strong. Prices are up on last year by 16.5%. Sad to report Hillingdon fans but there are other areas now seeing a faster phase of growth, Newnham up 23.7% and nearby South Bucks (which covers the affluent area around Beaconsfield and Gerrards Cross) up 23.6%. But a 16.5% increase in value is far from sluggish.
The average across the UK was 9.2% in England, with the average price in the UK now £236,000. The average in Hillingdon is £416,077. Across London the increase was a rise of 12.1% to an average of £488,908.
To put this in context the average property price in Hillingdon when I opened my office on Hillingdon Hill a short while back as it seems to me in May 2013 was £268,040. An increase since then of 55% and £148,000.
Hope you found this latest update interesting. If you want to talk about the local market and lettings please feel free to get in touch!
