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Across the UK and here in Stevenage, the property market remains surprisingly active despite the issues at home and abroad. House prices are steady, buyers are still being selective, and the market itself is evolving.
Young people have been locked out of homeownership. Deposits are impossible to save. Mortgage rules are too strict. And ‘Generation Rent’ is now permanent. According to the narrative by the newspapers, younger generation homeownership has collapsed.
There is a growing shift taking place in the Bicester property market, and it is not one that can be ignored. While much of the national conversation focuses on house prices and interest rates, a quieter yet more revealing metric is beginning to stand out, how long properties are taking to sell.
Blackwater's private rental market has changed considerably over the last five years. In 2021, the average monthly rent in Blackwater was £1,045. So far in 2026, that figure stands at £1,481. That is a rise of 41.7%. To put that into context, the average UK rent increased from £1,390 in 2021 to £1,744 in 2026, a rise of 25.5%.