Regency Residential | Investment Guide - Buckinghamshire - Regency Residential

Buckinghamshire

Investment Guide

Population

500,000+

region

South East

county

Buckinghamshire

Property

  • Average house price: £419,535

 

  • House prices have risen 5.9% over the last year

 

  • Projected average house price in 2030: £673,674 (eMoov)

 

  • Most property sales are attributed to detached properties worth on average £645,251

 

With its proximity to London, Buckinghamshire’s property market is continuing to grow due to commuter demands. Places like High Wycombe, Saunderton and Bletchley, provide people working in the city with a cheaper alternative to living in the capital.

Economy

There are 32,050 registered businesses in Buckinghamshire, contributing to a £15 billion economy. Buckinghamshire has the third largest business success rate in the UK, with 50% of businesses recording growth in their first five years.

Since the recession, Buckinghamshire has represented the third strongest job growth in the UK, a 7.2% increase, currently 82.8% of the regions working age population are employed.

Employment in Buckinghamshire is projected to increase by 8.5% (24,000 jobs) between 2018 and 2030. The population is forecasted to increase 0.8% per annum to reach 591,300 by 2030.

According to the Office of Budget Responsibility, Buckinghamshire’s economy is set to grow 2.1% from 2019 to 2020.

The property market is quickly adapting to the growing need for new homes, around 55,000 new homes are in the development pipeline, with an intended completion date set at 2033.

The property market is quickly adapting to the growing need for new homes, around 55,000 new homes are in the development pipeline, with an intended completion date set at 2033.

Employment

Employment in Buckinghamshire is projected to increase by 8.5% (24,000 jobs) between 2018 and 2030. The population is forecasted to increase 0.8% per annum to reach 591,300 by 2030.

According to the Office of Budget Responsibility, Buckinghamshire’s economy is set to grow 2.1% from 2019 to 2020.

DEMOGRAPHY

Buckinghamshire spreads across a number of districts: Aylesbury Vale, Wycombe, Chiltern, South Bucks and the Borough of Milton Keynes.

The total population of the whole county is between 700,000-800,000 with the population to increase and decline across certain districts by 2026.

The county is ethnically diverse, particularly in larger towns specifically Milton Keynes, Aylesbury and Wycombe.

Education

Education in the county is governed by two local education authorities, with the county council being one of the few raining LEA’s (local education authorities) still using the tripartite system.

The county has 9+ independent schools and 34 maintained (state) secondary schools, this is not including sixth form colleagues. Buckinghamshire and Milton Keynes is home to Buckinghamshire New University, the National film and Television School, University of Buckinghamshire, Open University and the University Campus Milton Keynes.

TRANSPORT

The county is part of the London commuter belt, which means it’s well connected to the national rail network, with commuters benefitting from the inter-city and local services. Chiltern railways is the main train operating company in the Buckinghamshire region, providing local commuter services from the centre to the south of the country, with trains running into London stations. First Great Western is another large provider for the area, providing services from Taplow and Iver in Paddington.

For those intercity services, Virgin trains are the largest provider for these services, Milton Keynes to Euston, North West England, the West Midlands, Wales and Scottish central belt.

ENQUIRE about Buckinghamshire

LOCATION MAP

Scroll Up