The Intermediary – July 2026 - Flipbook - Page 92
focus on ...
Nottingham
BEDFORD
Each month, The Intermediary takes a
close-up look at the housing market in a
specific region and speaks to the experts
supporting the area to find out what makes
their territory unique
B
edford has established
itself as one of the South
East’s more aractive
housing markets,
combining strong
commuter links with a
level of affordability that is becoming
harder to find elsewhere in the region.
Situated between London, Cambridge
and Milton Keynes, the town aracts
a broad mix of buyers, from local
movers and first-time buyers (FTBs)
to professionals looking for more
space without losing access to major
employment hubs.
Even as mortgage conditions
continue to evolve, Bedford has
retained broad appeal across a range of
buyer groups.
In this Local Focus, The
Intermediary examines the trends
shaping Bedford’s property and
mortgage market, exploring how
buyer demand and property values are
evolving across the region.
Property prices
Bedford’s housing market continues
to sit comfortably in the middle of the
South East pricing spectrum, with the
90
The Intermediary | July 2026
average home now valued at £342,000
and the median price standing at
£320,000. Over the past 12 months,
values have soened modestly, falling
by around £4,000, or 1%.
Property values vary considerably
across Bedford itself. The most
affordable area is MK40 1, where the
average sale price stands at £225,000,
while MK41 8 commands the highest
average values at £451,000. By
property type, detached homes remain
the most expensive at an average of
£525,000, followed by semi-detached
properties at £351,000. Terraced
houses average £291,000, while flats
continue to offer the most accessible
route onto the property ladder, with
an average sale price of £183,000.
Residential landscape
Residential activity across Bedford
has remained relatively resilient.
Around 1,200 property sales were
recorded across the town over the past
12 months, representing a decline
of 27.5%, or 496 fewer transactions.
Despite this, advisers say Bedford
continues to outperform many
neighbouring markets. As Darryl
Dhoffer, managing director at The
Mortgage Geezer, explains: “The
Bedford market is currently moving at
a good pace, outperforming much of
the wider region. While sales volumes
across the UK have been generally
subdued, local demand has remained
remarkably resilient.”
He adds: “It’s a highly competitive
market where buyers who are fully
pre-approved and proceedable hold all
the cards.”
Jodi Spreadbury, senior mortgage
and protection adviser at The
Mortgage Broker, believes Bedford’s
long-term appeal continues to be
supported by its transport links and
varied housing stock. However, she
