MK17 MARKET UPDATE
September 2025 has proven to be an informative month for the local property market, as we've diligently analysed 144 data points to gather some significant insights. This month, we'd like to take you through some of the key trends and stats that have emerged during the period, with a focus on understanding how they may impact homeowners and potential buyers in the local areas, including Woburn, Aspley Guise, Great Horwood, Milton Bryan, Woburn Sands, and Swanbourne.
One of the standout figures from our analysis is the average price per square foot, which hovered around £397 over the last six months. This figure illustrates the current value of properties as assessed in various local transactions, allowing us to paint a clearer picture of the market dynamics. An average price per square foot of £397 is very competitive in comparison to previous years, reflecting a stable yet buoyant local market that continues to attract both buyers and investors alike.
Furthermore, the average property sale price in the local market settled at £437,596 for September. This price reflects a modest increase compared to previous months, suggesting that property values are maintaining an upward trajectory. With attractive interest rates, the local market appears to remain appealing for first-time buyers and those looking to climb the property ladder.
In September, we also witnessed a sale turnover rate of 19%. This percentage represents the number of properties sold within a specific timeframe and is a crucial indicator of market activity. A turnover rate of 19% demonstrates healthy movement, indicating that buyers are active and that there are opportunities for sellers as demand continues to meet supply in the local market.
Another essential aspect to consider is the average two-year fixed mortgage rate, which currently stands at 4.25%. While slightly higher than rates observed in previous years, this level is still relatively competitive. It reflects the ongoing fluctuations in the financial landscape, giving buyers the opportunity to secure fixed-rate mortgages that offer some stability in budgeting and financial planning.
In terms of household income, the average figure for residents in the area has been reported at £59,900. This statistic is significant, as it provides context for pricing and affordability within the local market. Given this income level, the average property sale price mentioned earlier sits within a reasonable range for many households, which bodes well for sustaining property sales in the months to come.
As we move forward into the autumn months, it's essential for both buyers and sellers in the local property market to remain informed and agile. Buyers should consider their options carefully, especially in light of the current mortgage rates. With prices showing potential for growth, now may be an opportune time for those considering entering the market.
For sellers, the market conditions indicate a manageable turnover rate, which suggests that properties priced correctly will attract interest. Collaborating with an expert agent can yield insightful advice on how to optimise your property's selling potential, tapping into current market trends and buyer behaviours.
As an agency proud to be the only local member of The FIA, a network of high-quality independent estate agents across the UK, we at Deakin-White remain committed to providing our clients with the most accurate and relevant market information. If you're looking to dive deeper into the current market trends or if you wish to request a market appraisal for your property, please don't hesitate to reach out to us. We're here to help navigate the local property landscape together!
