Well the latest results have been published by the Land
Registry and they confirm that property values in Taplow are now 4.02% higher
than they were 3 months ago. Interestingly, that leaves values in the village
11.6% higher than they were 12 months ago, meaning we are currently
outperforming most of the London property market! The majority of property sales
in Taplow during the last 12 months were flats/apartments, selling for an
average price of £278,031, whilst terraced properties sold for an average of
£482,781 with semi-detached properties fetching £382,248.
Looking at Taplow in greater detail, the village has bucked
the national trend as more people own their own house now, compared to a decade
ago. At the census before last, 37.9% of people in the village owned their
property outright, whilst 40.4% owned their house with a mortgage. Roll the
clock forward ten years and it shows 44.6% of you own your property outright
and 30.8% own, albeit with a mortgage. Looking at the census, one can quite
clearly see, Taplow is a village you move to, but once here, people don’t tend
to leave. In fact, the number of people retired in the village has risen from 1
in 8 a decade ago (12.7% to exact) to less than 1 in 6 (17.1% to be exact).
However, for those of you who do want to move soon, I must
stress homeowners still need to be realistic in their pricing. If you recall a
couple of months ago, in the first newsletter, I stated 35.7% of properties
that had come on the market in the previous 8 weeks (ie in April/May 2015) had
found a buyer. In June/July, that figure has in fact slipped to 24.4%, as only 11 of the 45 properties that
have come on to the market in June and July (2015) have a buyer (at the time of
writing). Remember something is only worth what someone is prepared to pay for it!
