The latest research on Buckinghamshire’s economy is in, giving us a greater understanding of how business, social and economic landscapes are changing over time.
Buckinghamshire’s gross value added (GVA) rose 2.0 per cent in 2016 to reach £16.4bn. This was only the 145th highest rate of growth among the UK’s 179 NUTS3 regions, well below the 3.4 per cent growth recorded across the UK.
This was the fourth time in the last five years that Buckinghamshire has failed to better the national rate of growth.
There were 1,304 businesses registered in Buckinghamshire in the final quarter of 2018 (October to December), according to Companies House. This took the total new registrations in 2018 to 5,195, the highest four quarter total since Q2 2017.
Registrations in 2018 were 8.9 per cent higher than in 2017 but 0.3 per cent below the 5,215 registrations made in 2016.
House prices & sales
Buckinghamshire’s average house price stood at £407,397 in November, having risen by 0.3 per cent over the last year,
There were 583 house sales in Buckinghamshire in September, taking the total for the last year to 7,857, the lowest for any 12 month period since September 2013.
Buckinghamshire’s claimant count rose by 215 in December to stand at 3,200, the biggest rise in any single month since February 2013. Over the year, the claimant count has risen 11.7 per cent to reach the highest total since August 2014.