House Prices Set Record Highs Across Buckinghamshire
- House prices in the local authority of Buckinghamshire are 1.2% higher than one year before. In Milton Keynes, they are 5.8% higher, in Slough, they are 3.2% higher.
- Sales volume data is published with a delay. We are just now seeing the spring's bottleneck and vacuum caused by the SDLT changes, but sales volume has picked up through the summer.
- New builds in Buckinghamshire were up 23%, and 71% in Milton Keynes, but 21% down in Slough.
- Property prices in Buckinghamshire are currently 1% behind their peak of October 2022.
- Property prices in Milton Keynes and Slough broke new record highs in May and June, Buckinghamshire in January.
- The most expensive place to buy a home is 5.5 times more costly than the least expensive.
- Hughenden and Hazlemere have the lowest crime rate.
- Milton Keynes has the greatest 10-year property price growth at 48%, followed by Slough (37%) and Buckinghamshire (34%).
- Across the South East, house prices are expected to increase 1% through 2025, and 16% over the 5 years to 2029 (Savills).
Are house prices going up in Buckinghamshire?
Average house prices in Buckinghamshire have risen 1.2% since the same time last year. House prices in Milton Keynes are up 5.8%, and in Slough, they're up 3.2%.
Average house prices in every local authority broke their record highs in the first half of 2025, and are likely to set new records in 2026.
Second-worst May on record for sales volume in Buckinghamshire
Sales volume is reported with significant delay, so we're just now seeing the spike in March, and subsequent vacuum, caused by the SDLT hikes in April. As further data is released by the Land Registry, we'll see healthy growth, as the market has been thriving throughout the summer.
Rising inflation and affordability challenges will continue to limit movement in the property market, with anticipation over the autumn budget already beginning to subdue activity.
Will there be a UK recession in 2025?
The Quarterly Economic Forecast (QEF) predicts the UK economy will grow by 1.3% in 2025 and 1.5% in 2026. Source: British Chambers of Commerce (BCC).
This, however, is well below the pre-pandemic average. NEISR estimate that Britain's poorest households will not recover fully until 2027.
How does the Bank of England affect the Buckinghamshire Housing Market?
Borrowing has been slowly returning to a more affordable level. The August cut to 4.00% means that mortgage rates are already lower, but further cuts are unlikely until January, or December at the earliest, dependant on stability following the budget.
Prices steadily increase as borrowing costs fall, making purchases more affordable. Oxford Economics predicts the base rate will fall to 2.5% in 2027.
Are you thinking of buying or selling a property in Buckinghamshire?
Are houses in Buckinghamshire expensive?
Average house prices in Buckinghamshire are higher than the average for the country as a whole, but flats are cheaper in Milton Keynes.
Some of the most expensive locations in the country are in Buckinghamshire, including Beaconsfield (£1,128,283), Gerrard's Cross (£1,118,428) and Chalfont St. Giles (£897,608). However, Beaconsfield is 5.5 times more expensive than the cheapest location in the county.
Where is the cheapest place to buy in Buckinghamshire?
Homes in Milton Keynes are more affordable on average than in Buckinghamshire. The cheapest place to buy a home is Oakridge (£207,000), which is well below the national average.
Oakridge is a peaceful, family-friendly neighbourhood in High Wycombe
Other affordable options include Oldbrook (£268,611), a cosy suburb of Milton Keynes, with good shops, pubs, parks and restaurants, just a 5-minute drive or 22-minute walk from the train station; Castlefield (£293,151); and Southcourt (£297,189).
Long-term Buckinghamshire housing market investment
The ten-year price growth in the county falls behind England and Wales as a whole (46%), by some margin, with 34% growth on property in Buckinghamshire, and 37% in Slough. Milton Keynes, however, is just ahead at 47%.
Year-on-year, Buckinghamshire (-1%) and Slough (-3%) have fallen into negative growth, where MK has held static at 0%.
New homes in Milton Keynes are now 71% more expensive than existing properties
New houses cost more; however, the gap has been growing across counties since late 2024. Buckinghamshire broken records for three consecutive months, when it reached 18% in March, 22% in April and 23% in May. Normally, the gap fluctuates between around 5% and 15%, with the previous record standing at 17%. More recent data is likely to show an ever steeper divide, as figures are released by the Land Registry.
Milton Keynes has a wider gap with the previous record of 67% being broken in April (69%) and May (71%).
Interestingly, other regions are being affected to far greater extremes, making BCP an outlier. New builds in the North East are an eye-watering 118% dearer than existing homes.
Slough is an outlier. With new builds costing 21% less than existing homes. However, this gap is closing, and has historically been as high as 30%. This may be due to a higher focus on building affordable homes, including less-expensive flats and maisonettes.
The average cost of a new build in Buckinghamshire soared by 9% in 12 months.
This increase (and 14% in MK, 9% in Slough) is likely caused by increased building costs, developers building larger homes for greater profit margins, and the squeeze on available development land.
It's important to note that this isn't an increase in the value of new builds after they've been bought, but the rising average cost of the brand new builds selling in each given month.
If you exclude newly-built properties, you can see that house prices in Buckinghamshire have fluctuated around a more or less static level since 2022.
House prices tend to fall slightly over the winter before they begin to climb again. So, winter 2025 may be the perfect time to buy at the 'bottom' of the seasonal curve.
Where are the safest places to live in Buckinghamshire?
Buckinghamshire overall has a crime rate of 59 crimes per 1,000 residents, below the national average crime rate, which is 72. The most prevalent type is Violence and Sexual Offences, but the crime rate for this type in Buckinghamshire is lower than the national average.
Burglary, Criminal Damage and Arson, Other Crime, Possession of Weapons and Anti-Social Behaviour are also lower than the national average. Robbery, Vehicle Crime, Theft From the Person and Other Theft are higher.
Comparing Buckinghamshire's larger towns and cities, and using Crime Risk Scores - which are calculated by taking severity of each crime type into account - Aylesbury is the most dangerous. The next most dangerous is Milton Keynes, and High Wycombe comes in as third most dangerous. There are safer parts of Buckinghamshire, identified using the same Crime Risk measurement, starting with Shenley Brook End which ranks as the safest area in Buckinghamshire. Source: CrimeRate
The table above shows the ten lowest and highest CrimeRates by Town and City. Crime rates will affect your insurance premiums and potential rental yield and may affect your peaceful enjoyment of the property.
Should I buy a house in Buckinghamshire?
East Sussex is a top choice for homeowners
- Stunning green spaces, including Stowe Gardens, The Rye, Wendover Woods and the Chiltern Hills.
- Commuter proximity and excellent transport connections to London, and luton and Heathrow Airports.
- Good and Outstanding schools and good universities.
- Quaint country pubs.
- Traditional brick and flint cottages, georgian townhouses, modern homes.
- 3-5% rental yields.
- Employment opportunities in the service sector; the health sector; education, professional, scientific and technical; retail; accommodation and food services; and wholesale sectors.
The cost of borrowing fell for the fifth time in August, and Buckinghamshire property prices are fluctuating upwards. If you can afford to buy in the seasonal dip expected in winter, and get on the ladder before house prices increase again, you'll likely be able to switch to an even more affordable mortgage rate in 2027; by this point, the value should have risen a few per cent, and you'll have built some equity by making your mortgage payments.
Across the South East, house prices are expected to increase by 16% through 2025 to 2029
SavillsIf you are renting and can afford to buy at the current rate of interest, this may be a much more desirable option than saving for a bigger deposit, as rents have continued to rise (2.2% in the year to August), whereas mortgage rates are likely to fall.
However, if you are stretching your budget to buy or upsize, consider saving a bit longer or opting for a more affordable area. If the base rate rises again, you may be unable to keep up with your monthly repayments when your fixed rate ends.
Worse yet, if prices fall, you could end up in negative equity, owing more money than your home is worth. Buying a home with a mortgage always comes with risks. Your home may be repossessed if you do not keep up repayments on your mortgage.
If you are ready to buy a house in Buckinghamshire or the surrounding area, we can handle your purchase with a dedicated SAM Conveyancing Consultant to manage your transaction alongside one of our hand-selected panel solicitors.
The Housing Market has enjoyed a buoyant summer. October is overshadowed by a budget that threatens significant tax changes.
Andrew Boast FMAAT MIC | CEO and Author | SAM ConveyancingSources: Latest data from - Gov.UK, Bank of England, UK House Price Index, Savills.
Caragh is an excellent writer and copy editor of books, news articles and editorials. She has written extensively for SAM for a variety of conveyancing, survey, property law and mortgage-related articles.
Andrew started his career in 2000 working within conveyancing solicitor firms and grew hands-on knowledge of a wide variety of conveyancing challenges and solutions. After helping in excess of 50,000 clients in his career, he uses all this experience within his article writing for SAM, mainstream media and his self published book How to Buy a House Without Killing Anyone.
Without Killing Anyone
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