Property Market Update Northamptonshire April 2022
An overview of the property market in Northamptonshire
As we approach the summer, the Northamptonshire property market remains buoyant, with a positive outlook. There has been an inevitable cooling since the end of the stamp duty holiday, which was followed by the base rate rising to 0.75%
This may not be a bad thing, as an overheated property market can end badly, but a slow cooling down reduces the risk of sharp corrections further down the line, helping to maintain confidence in the market, which is better in the long term.
Here is a the current state of the market in Northamptonshire:
| PROPERTY TYPE | OTM | SSTC | % SSTC | AVAILABLE | % AVAILABLE |
| ALL | 8,613 | 6,510 | 75.58% | 2,103 | 24.41% |
| HOUSES | 6,629 | 5,094 | 76.84% | 1,535 | 23.15% |
| FLATS | 1,199 | 847 | 70.64% | 352 | 29.35 |
| BUNGALOWS | 674 | 525 | 77.89% | 149 | 22.10% |
| LAND | 117 | 84 | 71.79% | 33 | 28.20% |
| COMMERCIAL PROPERTY | 218 | 118 | 54.12% | 100 | 45.87% |
| EVERYTHING ELSE | 3 | 3 | 100% | 0 | 0% |
Northamptonshire-property-sales-share-by-price-range
Northamptonshire-house-prices-and-nearby-counties
As you can see, the percentage of property SSTC is nearly all over 70%, which is much higher than in the past, when it hovers around 45% in Northamptonshire, confirming that we are still in a seller’s market.
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