Property Market Update: Northampton NN15 – July 2023
If you’re considering buying or selling a property in NN15, you might be curious about the current state of the housing market. Over the last year, the average house price in NN15 stood at £289,012, according to recent data.
**Property Types and Average Prices:**
During this period, the majority of property sales in NN15 were for semi-detached properties, which had an average selling price of £255,704. Detached properties fetched a higher average of £394,171, while terraced properties sold for an average price of £219,532.
**Market Trends:**
Compared to the previous year, the overall sold prices in NN15 increased by 6%. Even more strikingly, the current prices are up by 12% when compared to the peak prices in 2018, which were at an average of £257,198.
**Snapshot of Sold Properties:**
Let’s take a look at some of the properties that have been sold in NN15 recently:
| Date Sold | Address | Property Type | Selling Price (£) | Tenure |
|---|---|---|---|---|
| 12 May 2023 | 47, Merrivale Close, Kettering NN15 6FY | 3 bed, terraced | £250,000 | Freehold |
| 11 Feb 2013 | 47, Merrivale Close, Kettering NN15 6FY | 3 bed, terraced | £125,000 | Freehold |
| 27 Oct 2000 | 47, Merrivale Close, Kettering NN15 6FY (New Build) | 3 bed, terraced | £75,950 | Freehold |
| 11 May 2023 | 5, Lily Close, Burton Latimer NN15 5GD | 1 bed, flat | £152,000 | Freehold |
| 30 Nov 2018 | 5, Lily Close, Burton Latimer NN15 5GD | 1 bed, flat | £122,500 | Freehold |
| 2 Apr 2015 | 5, Lily Close, Burton Latimer NN15 5GD (New Build) | 1 bed, flat | £100,000 | Freehold |
| 5 May 2023 | 1, West Furlong, Kettering NN15 7LF | 2 bed, detached | £350,000 | Freehold |
**Notable Sales:**
One notable sale during this period is a property located at **16, Riverview, Burton Latimer, Kettering, North Northamptonshire NN15 5PP**. This detached property was sold for an impressive £600,000 on 28 Apr 2023, with a previous sale record of £375,000 on 16 Oct 2006 (New Build).
**Conclusion:**
The housing market in NN15 has seen significant growth over the last year, with overall prices increasing by 6%. Various types of properties were sold during this period, with semi-detached properties being the most prevalent. Detached properties commanded higher average prices, while terraced properties were more budget-friendly.
Whether you’re a buyer or a seller, it’s important to stay informed about the local market trends, and this data provides a useful overview of the NN15 property market over the past year. Please keep in mind that property prices can fluctuate, and for the most up-to-date information, it’s always best to consult with local estate agents or property experts. Happy house hunting!