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29 Apr 2018

Property price increases in Maidenhead have all but stopped and land registry figures show just 4.3% year on year

Author: George Steedman

The average sales price in Maidenhead according to Land Registry Data was £479,933, a 4.3% increase annually.

Our Sales Manager George Steedman takes a look into the statistics for the Maidenhead property market.

Annual price growth according to data from the Land Registry shows a good improvement although month on month price increases have slowed. When looking at the bigger picture and considering price growth in the last 5 years, Land Registry Data shows a 44% increase in property prices.

When comparing the average property values in Maidenhead with the average for the South East, we can see that those selling property in Maidenhead will generate significantly higher sales prices than those in the South East.

Positioned along the River Thames, Maidenhead is one of the most desirable towns in the South East so it’s no surprise that property prices sit above the average for the area. Demand for property has been fuelled by the town’s close proximity to the capital and the soon to be opened Crossrail station.

Demand in Maidenhead for terraced, semi-detached and detached homes has not been met by supply and so it’s no surprise that prices for each type have increased by 7.65%, 3.46% and 3.99% respectively.

 

In Maidenhead, 75% of the transactions of new build properties in the last 12 months were flats, which may explain the stall in their sale prices.

Maidenhead is popular due to the excellent local schools and good transport links. The town has an array of attractions and exceptional restaurants. We take the sale of your property, one of the biggest assets anyone will ever have, very seriously, and our Maidenhead estate agents have a great deal of experience in selling all types of property.

If you own a property in Maidenhead and are thinking about selling, get a free up-to-date valuation today by calling 01628 633 376 or visiting www.romans.co.uk/selling/freevaluation

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