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.
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|
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).
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!