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Why Now Is the Perfect Time to Buy Property in Bedfordshire

Why Now Is the Perfect Time to Buy Property  in Bedfordshire

If you’re considering buying a home, Bedfordshire stands out as a prime location right now. Here’s why 2025 is shaping up to be an excellent time to invest in property in this vibrant county.

Strong and Steady Property Price Growth

Recent data shows Bedfordshire’s property market is experiencing a healthy price growth. The current average property price in Bedfordshire is around £364,000, with a steady increase of about 1% over the last year and more significant rises in specific areas and property types. In Luton more specifically, average house prices rose by 2.5% between April 2024 and April 2025. Central Bedfordshire saw an even stronger rise, with prices up nearly 10% in the same period.

Looking ahead, leading property experts forecast a 20-21.6% rise in property values over the next five years in Bedfordshire, reflecting cautious but optimistic growth. This steady appreciation means buying now could secure a property before prices climb further.

Upcoming Developments and Infrastructure Improvements

There are significant upcoming developments and infrastructure improvements are planned in Bedfordshire, aimed at supporting growth, enhancing connectivity, and improving quality of life:

       New Housing and Jobs Growth: Central Bedfordshire Council’s Local Plan targets around 20,000 new homes and 24,000 jobs over the next 20 years, focusing development in four strategic locations and smaller expansions in existing towns and villages. This plan includes modern construction methods and support for diverse housing options, including self-build plots.

       Universal’s Bedford Park Theme Park: A transformative project proposing a world-class theme park with entertainment, retail, and accommodation on the former Kempston Hardwick brickworks site. This development is expected to create 28,000 jobs and generate £50 billion in economic benefit. Infrastructure upgrades linked to this project include an expanded Wixams railway station, new slip roads from the A421, and road improvements to support increased traffic.

       Transport Infrastructure Enhancements: The Transporting Bedford 2030 initiative includes the reconfiguration of the Greyfriars Junction to reduce road layout size and unlock land for development, improving traffic flow and urban space. Public consultations are ongoing to shape these improvements.

       Forest of Marston Vale and Green Infrastructure Projects: Ambitious environmental projects aim to create a 30% woodland cover in the Marston Vale area by 2031, including new woodlands, wetlands, and green corridors. The Bedford & Milton Keynes Waterway Park project will create a strategic waterway link, enhancing recreation and ecological connectivity.

       Strategic Road and Rail Improvements: Plans are being developed for capacity upgrades on the A1, new east-west rail stations, and other transport infrastructure to support the Cambridge-Milton Keynes-Oxford growth corridor, which includes Bedfordshire. These improvements will facilitate economic-led growth and better regional connectivity.

Together, these developments and infrastructure projects are set to transform Bedfordshire over the coming years, making it an increasingly attractive place to live, work, and invest.

Increasing Demand and Market Activity

The market is buoyed by strong buyer demand. First-time buyers are particularly active, making up nearly a third of sales in Bedfordshire. Additionally, the number of homes for sale in the region has increased by around 13% year-on-year, giving buyers more choice while competition remains healthy.

Improving Affordability and Potential Rate Cuts

Mortgage affordability is improving, supported by expectations that the Bank of England base rate could fall from its current 4.75% to around 3.75% within the next year. Lower interest rates would reduce borrowing costs, making it easier for buyers to enter the market or move up the property ladder.

Diverse Property Options for Every Buyer

Bedfordshire offers a wide range of properties, from affordable flats averaging around £166,000 in Luton to detached homes valued at over £470,000. This diversity means buyers can find something to suit their budget and lifestyle, whether they are first-time buyers or looking for a family home.

In summary, with steady price growth, promising forecasts, strong buyer demand, upcoming developments, and improving affordability, now is an ideal time to buy property in Bedfordshire. Acting sooner rather than later could mean securing a home in a thriving area before prices rise further.

For expert advice on finding your perfect property in Bedfordshire, contact McLains Estate Agents today. We’re here to help you navigate the market with confidence.

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