The MVP of Bucks...

(...most valu­able place) Bea­cons­field tops the list of av­er­age house prices across the county

Buckinghamshire Advertiser - - NEWS - by Camilla Good­man camilla.good­man@trin­i­tymir­ror.com Twit­ter: @Camil­la_Good­man

BEA­CONS­FIELD is the most valu­able town in Bucks ac­cord­ing to Zoopla.

The Bucks Ad­ver­tiser/ Ex­am­iner has looked through the prop­erty web­site’s rich list to see which towns and streets are con­sid­ered to be the most valu­able in Bri­tain.

Zoopla’s Z-In­dex, a se­cret al­go­rithm used by the site to es­ti­mate the value of a given house, es­ti­mates that the av­er­age value of a house in Bea­cons­field is £1,074,769.

This is over £40,000 higher than the es­ti­mated value for a house in the town this time last year.

It makes the town the most valu­able one in the county and the third most valu­able in Eng­land, with Chal­font St Giles com­ing sec­ond on the list at an av­er­age value of £1,013,438.

Pa­trick Ho­gan, mayor of Bea­cons­field, said it was not en­tirely good news: “It cre­ates some prob­lems in that peo­ple who grow up here can’t af­ford to stay here be­cause it’s so ex­pen­sive. It’s a mag­net to peo­ple who are quite well off, that’s the side ef­fect of prop­erty prices be­ing so high here.

“We have to take av­er­age house prices into ac­count be­cause of the fact that the av­er­age house in Bea­cons­field is big­ger than that the av­er­age house in High Wy­combe.

“I haven’t had any­body come to me and say, ‘isn’t it won­der­ful we live in a re­ally ex­pen­sive town’.

“The only ad­van­tage is if you’re think­ing of leav­ing, but hope­fully peo­ple like Bea­cons­field enough that they don’t want to leave.”

When it comes to the most valu­able streets Den­ner Hill in Great Mis­senden came out on top with the av­er­age value with a prop­erty on the street be­ing a whop­ping £4,413,703.

Witheridge Lane in High Wy­combe came sec­ond at a value of £3,310,875 and Welders Lane, Chal­font St Peter was third on £2,673,280.

Gor­don Pa­trick, chair­man of Chal­font St Giles Parish Coun­cil, said: “It’s taken me by sur­prise. I don’t know what to say, I’m just very im­pressed.”

Mr Pa­trick high­lighted the ben­e­fits of the vil­lage and the sur­round­ing ar­eas, such as it’s prox­im­ity to Lon­don while be­ing found within an AONB, the high level of ed­u­ca­tion in the area and the ‘ac­tiv­i­ties for young­sters’ which he said would con­trib­ute to the high val­u­a­tion by Zoopla.

He said: “We’re very lucky that we live in this sort of area.”

He added: “I think there is a com­mu­nity spirit and we’re lucky to have it in a vil­lage of our size.”

The most valu­able street in Bri­tain was Kens­ing­ton Palace Gar­dens in Lon­don where the av­er­age house is worth an in­cred­i­ble £42.1 mil­lion.

Sur­rey dom­i­nates the top two most valu­able towns in Bri­tain, with Vir­ginia Wa­ter – where the av­er­age house is val­ued at a cool £1.37 mil­lion – and Cob­ham rank­ing first and sec­ond.

The only ad­van­tage is if you’re think­ing of leav­ing, but hope­fully peo­ple like Bea­cons­field enough that they don’t want to leave

Bea­cons­field (also pic­tured be­low) is the most valu­able town in Bucks

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