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Editorial

Property Market Update Northamptonshire April 2022

market update northamptonshire April 2022

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-property-sales-share-by-price-range 

Northamptonshire-house-prices-and-nearby-counties

Northamptonshire-house-prices-and-nearby-counties

Northamptonshire-house-prices

Northamptonshire-house-prices

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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Mark Collier
Mark Collier
1 month ago

Excellent information and relevant to our location, love it.

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