PROPERTY experts remain cautiously optimistic for the house market in south Bucks despite political uncertainty over Brexit.

Savills is staging a series of Home Truths events in the home counties to reveal the results of the agency’s research into current trends and the prospects for the rest of 2019 and beyond.

While local offices hosting seminars in Bucks admit the beginning of the year has been a challenge, those at the coalface believe there is much cause for optimism not least because South Bucks continues to provide great value for money compared with London.

In the capital, homebuyers can expect to pay an average of £1,200 per sq ft for prime properties but in Amersham and surrounding areas that figure ranges between £400 and £600 per sq ft, while for Marlow it sits between £500-£800 per sq ft,

Pictured is a house in Chesham Bois (five bedrooms, four bathrooms, three reception rooms, third of an acre garden,

The previous owner was a landscape designer. Inside it’s a contemporary dream home). In January it was bought for £1,440,000 - equivalent to £510 per sq ft - after attracting multiple bids from London buyers.

South Bucks as a whole has seen house prices grow by 50 per cent since the housing market peak of 2007, with a 1.7 per cent rise in the last 12 months.

This compares to London where prices have increased by 58 per cent since 2007 but dropped 2.1 per cent in the last year.

Across the region, property prices in the Chiltern district have risen by 46 per cent since 2007 and 0.6 per cent in the last year.

Values in Wycombe district have risen 41 per cent since 2007 but eased back 0.7 per cent in the last 12 months.

For South Bucks as a whole the average house price sits at £743,000, £645,000 in the Chilterns, £451,000 in the Wycombe and £374,000 in Aylesbury Vale.

Speaking at the Amersham event, Nick Pounce, head of residential at the Hill Avenue office said: “The key drivers that have traditionally brought people to the area are still incredibly important – outstanding schools, a great community spirit, connectivity to London and some truly fantastic countryside. Historically we have seen rapid growth as a ripple from the capital and particularly for those buyers lifestyle remains a huge draw. I certainly can’t think of a better place to bring up a family.

“However, we’re not without our challenges. The current uncertainty has impacted on consumer confidence, which alongside rising interest rates and increased taxation has prompted a slowdown.”

Amersham on the Hill, Amersham Old Town, Chesham Bois, The Chalfonts and surrounding Chiltern area continue to be popular.