A probe into the flood defences around Leighton-Linslade has shown that the town is in better shape than first thought.
Environment chiefs ordered a fresh survey to be carried out after demands by the town council to honour long-standing investment plans for improved flood protection.
The budget-squeezed Environment Agency set up a all-party action group and set to work re-assessing the town’s potential to flood.
It has now come back and revealed a significant reduction in the number of high risk areas - although a small number along Clipstone Brook still lie in the danger zone.
That’s good news for the majority of homeowners whose house insurance premiums would be affected by their location on the town flood map.
A revised map is going on the EA website this December but the LBO has been given an advanced preview.
Town councillor Mike Bishop, who has been at the forefront of a campaign to improve flood defences, said: “We heard that the agency has almost completed its assessment of flood risk using the latest modelling methods and information gleaned from members of the public.
“This has enabled them to produce a new flood map.
“For the many homeowners whose properties are no longer shown as being in a high flood risk area this will make it easier to sell their properties and may well reduce their insurance costs.
“EA emphasised that, like all public bodies, they have been subject to large budget cuts and any measures would be subject to the availability of funding and a cost benefit analysis to assess priorities.”
An agency spokesman said: “We are now using an updated map and interested residents can contact us to find out their revised flood risk.
“The new maps demonstrate a clear reduction in risk for a number of properties.
“Overall the number of properties at risk of flooding from the river is much lower than previously estimated. We are now focussed on finding a solution to help manage flood risk to those properties remaining at significant risk.”