Property Market Update: Northampton NN10 – July 2023
**House Prices in NN10: A Year in Review**
If you’re considering buying or selling property in the NN10 area, you’ll want to take a closer look at the trends and data from the past year. The real estate market in NN10 has seen some interesting changes, with overall average prices reaching an impressive £270,084 over the last 12 months.
**Property Types and Prices**
Breaking down the data further, we find that semi-detached properties dominated the market during the past year, with an average selling price of £263,064. Terraced properties followed suit, fetching an average of £224,739, while detached homes, known for their space and privacy, had an average selling price of £388,698.
The good news for homeowners and investors in the NN10 area is that the property market experienced a notable 3% increase in sold prices compared to the previous year. Additionally, property values surged by an astonishing 19% from the 2020 peak of £226,171.
**A Look at Sold Properties**
Over the course of the year, a total of 12,183 properties were sold in NN10. These properties varied in type, location, and price, offering a diverse range of options for potential buyers.
For instance, 39 Regency Court, Rushden, caught the eye of buyers with its 2-bed flat. The property changed hands on 12th May 2023 for £150,000. Another attractive option was 8 Victoria Road, a 3-bed terraced property sold on the same day for £160,000.
| Date Sold | Property Address | Type | Price (£) | Tenure |
|---|---|---|---|---|
| 12 May 2023 | 39 Regency Court, Rushden, NN10 6EY | 2-bed flat | £150,000 | Leasehold |
| 12 May 2023 | 8 Victoria Road, Rushden, NN10 0AH | 3-bed terraced | £160,000 | Freehold |
| 11 May 2023 | 86 High Street South, Rushden, NN10 0RD | 3-bed terraced | £316,000 | Freehold |
| 5 May 2023 | 8 Bryant Way, Higham Ferrers, NN10 8EG | 3-bed semi-detached | £320,000 | Freehold |
| 4 May 2023 | 4 Wheatcroft Gardens, Rushden, NN10 0EX | 2-bed terraced | £201,000 | Freehold |
| 3 May 2023 | 44 York Road, Higham Ferrers, NN10 8HZ | 3-bed semi-detached | £305,000 | Freehold |
| 2 May 2023 | 29 Wymington Road, Rushden, NN10 9JZ | 3-bed semi-detached | £260,000 | Freehold |
| 28 Apr 2023 | 28 Purvis Road, Rushden, NN10 9QB | 3-bed semi-detached | £258,000 | Freehold |
| 28 Apr 2023 | 8 Gordon Street, Rushden, NN10 9XL | 3-bed terraced | £200,000 | Freehold |
| 25 Apr 2023 | 26 Townsend Court, High Street South, NN10 0FR | Flat | £75,000 | Leasehold |
| 24 Apr 2023 | 24 Sartoris Road, Rushden, NN10 9TL | 2-bed terraced | £180,000 | Freehold |
| 14 Apr 2023 | 2 Teasel Close, Rushden, NN10 0GH | 4-bed detached | £375,000 | Freehold |
| 14 Apr 2023 | 39 Hayden Road, Rushden, NN10 0JH | 2-bed semi-detached | £225,000 | Freehold |
| 14 Apr 2023 | 68 Townsend Court, High Street South, NN10 0FR | Flat | £105,000 | Leasehold |
| 13 Apr 2023 | 7 Birchall Road, Rushden, NN10 9RQ | Detached | £107,500 | Freehold |
| 12 Apr 2023 | 32 Wymington Road, Rushden, NN10 9JX | 4-bed detached | £415,000 | Freehold |
| 6 Apr 2023 | 68 Ennerdale Road, Rushden, NN10 0JL | 3-bed terraced | £220,000 | Freehold |
| 5 Apr 2023 | 25 Carisbrooke Road, Rushden, NN10 0TA | Detached | £367,000 | Freehold |
| 4 Apr 2023 | 189 Avenue Road, Rushden, NN10 0SN | 3-bed semi-detached | £395,000 | Freehold |
| 4 Apr 2023 | 9 Lilac Grove, Rushden, NN10 0XE | 4-bed detached | £385,000 | Freehold |
| 3 Apr 2023 | 2 Manse Close, Rushden, NN10 0FL | 3-bed terraced | £237,000 | Freehold |
| 31 Mar 2023 | 113 Grangeway, Rushden, NN10 9EW | 2-bed flat | £135,000 | Leasehold |
| 31 Mar 2023 | 59 St Margarets Avenue, Rushden, NN10 9YQ | 2-bed semi-detached | £202,000 | Freehold |
| 31 Mar 2023 | 59 Allen Road, Rushden, NN10 0DY | 2-bed semi-detached | £215,000 | Freehold |
**Rising Values of Semi-Detached Homes**
Semi-detached properties remained a hot commodity in NN10, with several noteworthy sales contributing to the overall rise in property prices. For example, 86 High Street South, a charming 3-bed terraced property, was sold on 11th May 2023 for an impressive £316,000. Similarly, 8 Bryant Way, Higham Ferrers, a lovely 3-bed semi-detached home, fetched £320,000 on 5th May 2023.
**Investing in Detached Homes**
If you’re considering investing in a detached property, NN10 offers some great options. For instance, 2 Teasel Close, a spacious 4-bed detached house, was sold for £375,000 on 14th April 2023. Another notable sale was 25 Carisbrooke Road, a beautiful detached home, sold on 5th April 2023 for £367,000.
**Terraced Homes with Potential**
Terraced properties in NN10 have also seen strong interest from buyers, especially those looking for more affordable options. 68 Ennerdale Road, a 3-bed terraced house, changed hands on 6th April 2023 for £220,000, making it an attractive choice for families.
**Conclusion**
The NN10 property market has experienced a remarkable year, with average prices showing steady growth across all property types. From the appealing semi-detached homes to the charming terraced houses and spacious detached properties, buyers and investors have plenty of options to explore.
As the demand for homes in NN10 continues to rise, it’s crucial for both buyers and sellers to stay informed about the latest trends and developments in the area. Whether you’re looking to find your dream home or make a sound investment, NN10 offers a diverse and exciting real estate landscape. Remember to consult with experienced local estate agents and financial advisors to make the most informed decisions in this ever-evolving market.