LU5 MARKET UPDATE
September 2025 has proven to be a notable month in the local property market, particularly for Dunstable (East including Woodside Estate), Chalgrave, Fancott, Houghton Regis (including Townsend Industrial Estate), and Toddington. With a wealth of data to analyse, we're pleased to share our insights with you this month.
Over the past six months, we have closely examined 238 data points, allowing us to develop a comprehensive understanding of trends and fluctuations. The average price per square foot rose to £366, a positive indication of market growth. For buyers and investors, this figure is pivotal as it reflects the demand for properties in our local areas.
When we take a closer look at the average property sale price within the market, it stands at £338,172. This value provides insight into the current investment climate and signifies a robust interest from buyers looking for homes. Factors contributing to this increase in price may include the desirability of the areas we serve, which is particularly appreciated for both its vibrant community and excellent amenities.
September also witnessed a sales turnover of 21%, indicating a healthy level of activity as properties are changing hands. The level of sales turnover in the local market can be influenced by various aspects, such as the number of properties available, the demographics of potential buyers, and economic conditions. With a favourable turnover rate, we are encouraged by the dynamism of both buyers and sellers in our market.
The mortgage landscape remains a pivotal component of property transactions, and this month, the average two-year fixed mortgage rate rested at 4.25%. For many prospective homeowners and investors, securing a competitive mortgage rate can play a significant role in their purchasing decisions. The current rate provides various opportunities for buyers, especially those keen on making their first step onto the property ladder or seeking investment properties.
In terms of household income, the average stands at £49,100, providing an essential context for understanding the purchasing power within our communities. This income level indicates that there is for potential buyers a degree of financial capability to invest in property. Consequently, this reinforces the overall health of the local market, as higher household incomes can positively correlate with heightened demand for housing.
In light of these trends, we believe now is an opportune time for individuals contemplating a move or an investment in the local property market. Whether you are a first-time buyer, looking to downsize, or an investor seeking opportunities, the current environment presents a diverse range of choices tailored to various needs.
Another factor we should not overlook is the community aspect of the areas we serve. Dunstable, Chalgrave, Fancott, Houghton Regis, and Toddington are all renowned for their unique characteristics. From parks to local shops and schools, each area has its distinct offerings that significantly influence the property market. Buyers are increasingly looking for not just a house, but a community that supports their lifestyle – and this continues to shape our local market.
As we enter the final months of the year, it is prudent for prospective buyers to stay informed and prepared, and we encourage anyone considering entering the market to keep this information in mind. The dynamics observed in September can provide valuable guidance for your property decisions in the months to come.
At Deakin-White, we are proud to be your local experts in property and the only members of The FIA in the region, an esteemed network of high-quality independent estate agents. We are dedicated to providing you with not only the stats and figures but also insights into the unique aspects of our community that make it a great place to live and invest.
If you would like more information on the market or wish to request a market appraisal for your property, don't hesitate to reach out to us at Deakin-White. We are here to assist you with any property needs you may have.
