Aylesbury Vale house prices increased slightly in June

The boost contributes to the longer-term trend, which has seen property prices in the area achieve 1.3% annual growth.

The average Aylesbury Vale house price in June was £325,490, Land Registry figures show – a 0.4% increase on May.

Over the month, the picture was less good than that across the South East, where prices increased 1.6%, and Aylesbury Vale underperformed compared to the 0.7% rise for the UK as a whole.

Over the last year, the average sale price of property in Aylesbury Vale rose by £4,100 – putting the area 37th among the South East’s 68 local authorities for annual growth.

The best annual growth in the region was in Test Valley, where properties increased on average by 9.2%, to £349,000. At the other end of the scale, properties in Eastbourne dropped 5.0% in value, giving an average price of £232,000.

Winners and Losers

Owners of semi-detached houses saw the biggest improvement in property prices in Aylesbury Vale in June – they increased 0.6%, to £332,005 on average. Over the last year, prices rose by 1.8%.

Among other types of property:

Detached: up 0.2% monthly; up 2.5% annually; £553,237.0227 average

Flats: remained level over the month; down 2.7% annually; £178,179 average

First steps on the property ladder

First-time buyers in Aylesbury Vale spent an average of £​259,800 on their property – ​£2,600 more than a year ago, ​and ​£43,500 more than in June 2015.

By comparison, former owner-occupiers paid £​375,500 on average in June​ – 44.5% more than first-time buyers.

How do property prices in Aylesbury Vale compare?

Buyers paid 0.6% less than the average price in the South East (£328,000) in June for a property in Aylesbury Vale. Across the South East, property prices are high compared to those across the UK, where the average cost £238,000.

The most expensive properties in the South East were in South Bucks – £592,000 on average, and 1.8 times as much as in Aylesbury Vale. South Bucks properties cost 2.9 times as much as homes in Gosport (£205,000 average), at the other end of the scale.

The highest property prices across the UK were in Kensington and Chelsea, where the average June sale price of £1.4 million could buy 15 properties in Burnley (average £92,000).

Factfile

Average property price in June

Aylesbury Vale: £325,490

The South East: £327,558

UK: £237,834

Annual growth to June

Aylesbury Vale: +1.3%

The South East: +2.1%

UK: +3.4%

Best and worst annual growth in the South East

Test Valley: +9.2%

Eastbourne: -5.0%