Bungalows are making a comeback — and they’re more valuable than ever. According to Savills’ latest downsizing report, homeowners in Hertfordshire are unlocking an average of £224,000 in equity by selling their family houses and moving into premium single-storey homes.
For many, it’s not just about releasing cash. It’s about simplifying life, reducing maintenance, and finding a property that fits the next phase.
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Why bungalows are so in demand
Today’s downsizers are more active, tech-savvy and lifestyle-driven than ever before. They want comfort and convenience, but they don’t want to compromise on quality.
That’s where bungalows shine. These homes offer:
- Step-free living
- Manageable gardens
- Spacious layouts with privacy
- Locations close to shops, parks, and healthcare
In many cases, they’re also found in quieter neighbourhoods, which adds to the appeal for buyers seeking peace without isolation.
Downsizing without downgrading
Releasing equity doesn’t have to mean sacrificing lifestyle. Many downsizers are selling larger homes — often worth £600k or more — and purchasing well-appointed bungalows between £350k and £400k.
That difference in value frees up cash for travel, family, or home improvements. It also allows for a financial buffer, which is reassuring in uncertain times.
Hertfordshire hotspots for downsizers
Towns like Bishop’s Stortford, Saffron Walden and Sawbridgeworth are seeing increased activity in the downsizer market. These areas offer excellent transport links, vibrant town centres and access to countryside walks — all key draws for retirees or semi-retired professionals.
Many of these towns also offer strong community spirit, good healthcare access, and growing cultural scenes.
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The role of video tours in quicker sales
One insight from Savills’ research stands out: bungalows with high-quality video tours tend to sell faster. That’s especially true for buyers moving from further afield or those who want to preview a home remotely before committing to a viewing.
If you’re thinking of selling, investing in a professional walkthrough video can help you attract more interest, filter serious buyers, and speed up the sale.
Ask us about professional marketing packages
Tips for preparing your bungalow for sale
To make your home stand out in this fast-moving market:
- Focus on low-maintenance appeal (garden, roof, windows)
- Freshen up interiors with light colours and simple furnishings
- Highlight flexible living space, such as home offices or guest rooms
Today’s buyers appreciate clean, well-cared-for homes they can move into without hassle.
Moving with less stress
We know that downsizing isn’t just about logistics; it’s emotional, too. You’re leaving behind a family home with years of memories. That’s why having the right support is so important.
Our team at Mullucks works with downsizers across Hertfordshire and Essex. We understand your priorities and how to guide you through the sale with empathy and care.
It’s not just about selling. It’s about starting fresh
For many, downsizing is the beginning of something new. Whether you’re relocating to be nearer to family, freeing up time for travel, or just simplifying your lifestyle, the goal is always the same: a home that supports your future.
Book your free downsizing valuation
Plan your move with confidence
With over £224k in average equity being released by sellers in this market, timing is everything. The right home, priced correctly and marketed well, can attract strong interest, particularly as demand for single-storey homes continues to rise.
Whether you’re ready to move now or just exploring your options, we’re here to help you plan every step.
