Universal Studios Bedford Set to Spark Surge in Local House Prices
The announcement of Universal Studios’ first European theme park just outside Bedford is sending ripples through the local housing market, with industry experts predicting a significant rise in property prices across the region — particularly in nearby areas such as Wixams, Stewartby, and Kempston Hardwick.
The £50 billion mega-development, proposed by Universal Destinations & Experiences, will span 476 acres and include not only a world-class theme park, but also hotels, restaurants, and entertainment facilities. Scheduled to open in 2031, the project is expected to generate thousands of jobs and attract up to 8 million visitors annually — a figure comparable to major European attractions like Disneyland Paris.
House Prices Already on the Move
Local estate agents are reporting a spike in interest from investors and homebuyers, even at this early stage. “We’ve seen a noticeable increase in inquiries about properties in Wixams and the southern edge of Bedford,” says Susan Palmer, a senior agent at Bedford Homes. “Buyers are anticipating long-term value growth and rental opportunities tied to the tourism boom.”
According to Rightmove data, the average house price in Wixams currently sits around £425,000 for a three-bedroom property. However, with the forthcoming infrastructure improvements and heightened demand, this figure could rise by 10–20% over the next few years, with further acceleration as the park nears completion.
Railway Station: A Key Driver
The planned railway station at Wixams — due to open in 2026 — is also seen as a major catalyst for growth. The new station will enhance connectivity to London and other regional hubs, making the area even more attractive for commuters and investors.
“Transport access is a critical factor in property valuation,” explains housing analyst Michael Dalton. “Combine that with a globally recognised brand like Universal, and you have a recipe for rapid growth. This isn’t just good for homeowners — it’s a shot in the arm for the local economy.”
Concerns and Cautions
Not all residents are celebrating, however. Some worry about overdevelopment, increased congestion, and affordability. “We’re excited about the opportunities, but we don’t want to be priced out of our own town,” says Lisa Montgomery, a Kempston resident.
Local authorities have promised careful planning and community engagement. Bedford Borough Council has highlighted the need for affordable housing provisions, balanced growth, and protection of green spaces.
A Once-in-a-Generation Opportunity
With major economic investment, job creation, and international attention focused on the Bedford area, the Universal Studios project is set to become a defining chapter in the town’s modern history. For property owners, developers, and new buyers, it could represent a once-in-a-generation opportunity.
As the park’s development gains momentum, local housing markets are expected to evolve quickly — and those looking to get in early may see significant returns in the years to come.