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There is a growing shift taking place in the Ruislip property market, and it is not one that can be ignored. While much of the national conversation focuses on house prices and interest rates, a quieter yet more revealing metric is beginning to stand out, how long properties are taking to sell.
In Bicester, the gap between 2- and 3-bed homes has widened since 2006, but moving up isn’t as unaffordable as it seems. Lower mortgage rates, higher equity, and incomes mean real monthly costs have risen less than headlines suggest.
Are you contemplating moving home in Tadley during the next 9 months?
The latest figures from the Office for National Statistics (ONS) suggest something rather unexpected. After years of worsening affordability, the picture has begun to improve. Wages have risen faster than house prices since 2021, nudging the headline affordability ratios in the right direction. On the face of it, that feels like progress.