As we step into February 2026, it's essential to take a moment and reflect on the local property market trends we saw in January. At Deakin-White, we are dedicated to providing you with a friendly and informative overview of the market in areas such as Dunstable (West), Eaton Bray, Edlesborough, Holywell, and Kensworth.
January began with a continued sense of cautious optimism within the property market. With a recorded turnover of property sales at 29%, we can see that the market remains active, albeit with a degree of consideration from buyers. It's evident that many are taking the time to carefully evaluate their options.
The average property sale price reached £376,676, which is a positive indicator that home values are stabilising and showing resilience amidst prevalent economic uncertainties. The data from the previous six months reveals that the average price per square foot is currently at £388. This metric is especially useful for anyone considering selling, as it can assist in setting competitive asking prices and gauging property value appreciation over time.
The local areas have demonstrated a blend of both stability and change, reminding us that each property's value can be influenced by numerous factors, such as location, condition, and urgency of sale. It's worthwhile to note that properties in our local areas have been performing distinctly well, with buyers still showing an affinity for Dunstable (West) and its surrounding areas.
The lending landscape has been another consideration for buyers, especially with current 2-year fixed mortgage rates averaging at 4.06%. While this figure may seem markedly higher compared to historical lows, it's important to note that it still offers competitive options for homeowners and first-time buyers alike. This can keep the market fluid, as families and individuals evaluate their financial positions and potential for moving or upgrading their living situations.
The average household income in the region stands at £50,600, which, when combined with the average property sale prices, indicates that the local market remains accessible for a good number of potential buyers. However, the interplay of income levels, mortgage rates, and property prices underscores the need for prospective homeowners to approach their property aspirations thoughtfully.
Buyers tend to be savvier, conducting thorough research before committing. If you're actively seeking a new home or looking to sell in the current market, having an understanding of these nuances can significantly impact your planning.
To those thinking about selling, this is a time for strategic positioning. Our analysis indicates that properties that are well-presented and slightly competitively priced tend to attract more attention. If you're considering putting your home on the market, we can work with you to ensure your property stands out in what continues to be an attractive local market.
It's also an ideal time for landlords to reassess their investments in the area. The property rental market has generally remained steadfast, especially for homes located in desirable areas like Holywell and Kensworth. As demand persists, those with rental properties might find they can achieve higher rents without scaring off potential tenants, given the continued demand for quality housing.
For buyers waiting for the ‘right moment,' it's essential to keep in mind the importance of acting when you find a suitable property. The local market dynamics may shift, and properties that meet your criteria might not be on the market for long. As always, having strong communication with your estate agent is vital. At Deakin-White, we pride ourselves on employing a transparent and proactive approach to client communication.
As we move further into 2026, potential buyers and sellers alike are advised to stay informed about local market trends and value fluctuations. We're here to provide expert insights and tailored advice to support you with your property decisions.
In conclusion, we are proud to be your trusted estate agency and the only local member of The FIA, a network of high-quality UK independent estate agents. We welcome you to reach out to us for further information about the market or to request a market appraisal for your property. Let's work together to navigate this dynamic landscape!
