Property market update Northamptonshire NN5 April 2022
The state of the market in NN5 this month
Properties in NN5 had an overall average price of £250,196 over the last year.
The majority of sales in NN5 during the last year were semi-detached properties, selling for an average price of £247,865. Terraced properties sold for an average of £221,841, with detached properties fetching £373,454.
Overall, sold prices in NN5 over the last year were 33% up on the previous year and 16% up on the 2015 peak of £215,742..
The volume of sales over the last year in the NN5 postcode district indicate a healthy market, with buoyant sales in all property sectors.
NN5 has a broad spectrum of property, with a large stock of all types which have benefitted from impressive sales.
Detached Houses
Sales of detached properties in NN5 had an overall average price of £373,454 over the last year.
Overall, sold prices for detached properties in NN5 over the last year were 5% up on the previous year and 28% up on the 2013 peak of £291,498.
Semi-Detached Houses
Sales of semi-detached properties in NN5 had an overall average price of £247,865 over the last year.
Overall, sold prices for semi-detached properties in NN5 over the last year were 87% up on the previous year and 2% up on the 2019 peak of £243,990.
Terraced Properties
Sales of terraced properties in NN5 had an overall average price of £224,259 over the last year.
Overall, sold prices for terraced properties in NN5 over the last year were 2% down on the previous year and 16% down on the 2015 peak of £265,458.
Flats
Sales of flats in NN5 had an overall average price of £131,740 over the last year.
Overall, sold prices for flats in NN5 over the last year were 2% up on the previous year and 31% down on the 2013 peak of £190,000.
Recent Sales in NN5
Cotton Meadow, Northampton, NN5 5PP, 6 bed, detached
Selling Price: £775,000
Date Sold: 30 Apr 2021
Wykes Lodge East, Whites Lane, New Duston, Northampton, NN5 6UW
6 bed, detached
Selling Price: £775,000
Date Sold: 16 Jun 2021
Sussex Close, Northampton, NN5 6ET
5 bed, detached
Selling Price: £645,000
Date Sold: 28 May 2021
Hamlet Green, Northampton, NN5 7AR
5 bed, detached
Selling Price: £625,000
Date Sold: 16 Jun 2021
The figures in the breakdown by sales for each property type, give an even clearer indication of the demand for housing in the NN5 area.
As you can see from the chart, the volume of property in all sectors as a share of the property on the market is extremely small, this area is definitely a seller’s market for the time being, with no indication of any slowdown in the immediate future.