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HP27 (Princes Risborough) area guide

HP27
Princes Risborough
The HP27 postcode district lies within or includes part of the following towns, counties, localities, electoral wards and stations: Askett, Bledlow, Bledlow and Bradenham, Buckinghamshire, Greater Hughenden, Haddenham, Icknield, Lacey Green, Lacey Green, Speen and the Hampdens, Longwick, Loosley Row, Monks Risborough, Owlswick, Parslows Hillock, Princes Risborough, Saunderton, Saunderton Lee, Speen, The Risboroughs, Whiteleaf.
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Notes:

A Mouseprice property guide for HP27 Princes Risborough is coming soon. In the meantime, please have a look at the raw data and statistics about HP27 that can be found by click the relevant links on the left hand side.

Old area guide:

The commentary below was written for the mouseprice.com website in 2006, please be aware that the comments below might be out of date. We recommend disregarding these comments in favour of the data that can be found either above or in the other sections of this website.

Market trends:

Hemel Hempstead propertyThe size of the property market in HP27 is 4977 homes.

Hemel Hempstead propertyGiven that the nominal growth rate in this postcode district (HP27) has been about 12.6% over the last 5 years, it would be reasonable to assume that this isa dynamic local economy and housing market. Property price growth in this area has significantly exceeded growth in earnings and the national average house price growth, and so the likelihood of it continuing will be dependent upon price earnings ratio, as well as investment by developers and local authorities in continually upgrading local infrastructure, schools, in addition to the continued strength of the local and national economies and any other economies upon which the area depends.

Hemel Hempstead propertyThe average property in this postcode district was valued at £335224 over the last 3 months.

Hemel Hempstead propertyPrice earnings ratio is an indicator of the affordability of property for someone on the average salary in the area. Price Earnings Ratio in this postcode district is 12.4. Places like this represent the “well- heeled” districts of each postcode area. Although recently there have been some spectacular price increases in more expensive areas, in general, prices appreciate slowly in more expensive places because there is less demand for more expensive properties, and the turnover of them is slower because they are not commonly used as investment property.

Hemel Hempstead propertyNew transactions as a percentage of overall sales are 3.8%.

Housing stock:

Princes Risborough propertyThe most commonly found type of housing in this area are Detached Houses, making up 45.6% of the housing stock.

Princes Risborough propertyThe least common type of property in this area is Terraced Houses (9.7% of the total housing stock).

Princes Risborough propertyThis is an area with a high proportion of property suitable for families with children.

Princes Risborough propertySocially rented accommodation represents 12.3% of the total rented accommodation in the area.

Princes Risborough propertyThe majority of property in this area is owner occupied.

Princes Risborough propertyThe average price of a two bed property in this area is higher than the national average of £187894 at £270381.

Who lives here:

Princes Risborough propertyTotal population in this area is 11923.
Princes Risborough propertyThis is one of the most “experienced” areas of the country, with an average age of 44.
Princes Risborough propertyThis area has a high percentage of married people at 20.5%.
Princes Risborough propertyAverage working hours in this area for men are 43 and for women are 30.
Princes Risborough propertyThis area has 2.8 people per square kilometre.
Princes Risborough propertyJob prospects in this area are good with low unemployment (1.4%). Most jobs are found in the Real Estate and Wholesale & Retail sectors.
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