As we wrap up 2025, it's an opportune moment to reflect on the state of the property market in December and how it has shaped up in our local market. In our examination of 442 data points, we have been able to piece together an informed look at what's been happening, bringing you the insights you need to stay ahead of the curve.
The average price per square foot across our local market currently stands at £384. This figure illustrates a stable environment for buyers and sellers alike, as it has remained fairly consistent over the past six months. The average property sale price has also settled at an impressive £356,913. Here at Deakin-White, we can confidently say that these prices reflect a resilient market, demonstrating that there is still an appetite for property in our beloved local areas, including Wing, Leighton Buzzard, Bragenham, Briggington, Cheddington, and Ivinghoe.
An important aspect to note this December is the turnover of sales, which rests at a healthy 37%. This turnover indicates that properties are not only being sold but are changing hands at a brisk pace, reinforcing the idea that buyers are keen to make their investments. A lively market often indicates confidence, and this is reflected in the interest and activity we've observed over the previous month.
The economic landscape also plays a crucial role in shaping the property market. The average two-year fixed mortgage rate currently hovers around 4.19%. While this may initially appear a touch higher than rates seen in recent years, it represents a stabilisation phase that is beneficial for many buyers who like to lock in rates for certainty. As potential homeowners digest the implications of these rates, we are seeing a steady interest from first-time buyers looking to enter the market.
With an average household income of £55,400, there is a reasonable financial capability for many in our local market to consider property purchases. It also suggests that while affordability may be a concern for some, many families and individuals within the community possess the capacity to invest in their own properties. As we observe changes in the financial climate, potential buyers should feel encouraged to consult with us for guidance tailored to their situations.
December's market dynamics have certainly painted a picture of resilience. Properties remain an attractive investment, and the figures indicate that people are making informed decisions about where they want to settle down. It's also essential to understand that within this market, buyers have different needs and aspirations. Whether you are looking to upsize to accommodate a growing family, downsize for retirement, or invest for rental income, there are opportunities and options available across Leighton Buzzard's local areas.
As we usher in 2026, the spirit of the local market remains one of hope and opportunity. With properties well-priced and a steady increase in interest from buyers, we believe that the coming year will yield both challenges and possibilities for homeowners and investors alike. We anticipate that the market conditions will continue to evolve, and we at Deakin-White are committed to keeping you informed every step of the way.
For anyone considering their next move, we encourage an examination of your property's value based on the latest data. Understanding the market is where we come in, and our expertise will help you navigate the complexities of buying or selling a property. The local areas of Burcott, Clipstone, Crafton, Great Billington, and Heath and Reach are vibrant communities, and each has unique characteristics that make them appealing.
As we reflect on the past month, we remain proud to be your local estate agents, ensuring you have the insights needed to make educated decisions. Being the only local member of The FIA also allows us to provide you with a network of high-quality independent estate agents across the UK, making us well-positioned to assist you, whatever your property needs may be.
Should you require further information about the market or wish to request a market appraisal for your property, reach out to us at Deakin-White. We look forward to supporting you in the new year and helping you achieve your property goals.
