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Trellows Market Update

Northamptonshire Property Market Update – September 2023 NN16

**Exploring House Prices in NN16: A Year in Review**

Are you curious about the real estate landscape in NN16? Well, you’re in luck! In this blog post, we’ll dive into the intricacies of property prices, trends, and recent sales in this area. Whether you’re a potential buyer, seller, or just a keen observer, let’s uncover the insights together.

**A Glimpse at NN16 House Prices**

Over the past year, NN16 has seen a dynamic real estate market with properties boasting an average price of £226,892. This figure serves as a testament to the area’s attractiveness and the demand for its homes.

**Variety in Property Types**

Within the NN16 area, the property landscape is diverse, catering to a range of preferences. Throughout the last year, terraced properties have been the stars of the show, selling at an average price of £203,505. Not far behind, semi-detached properties have fetched an average of £244,871, while the allure of detached properties has seen them command an impressive £343,490.

**An Upward Trend**

The NN16 property market has been on an upward trajectory, evident from the 11% increase in sold prices compared to the previous year. Additionally, there’s been a noteworthy 20% surge from the peak price of £188,999 in 2020. These figures not only indicate a healthy market but also reflect the desirability and value appreciation of properties in NN16.

**Snapshot of Recent Sales**

Let’s take a closer look at some of the recent property sales in NN16:

1. **Flat 52, Oaktree Court, George Street**
– Property Type: 2 bed, flat
– Price: £120,000 (Sold on 6 Jun 2023, Leasehold)
– Additional Records: £120,000 (18 Sep 2014, Leasehold), £125,000 (24 Sep 2010, Leasehold)

2. **57, Masefield Road**
– Property Type: 2 bed, semi-detached
– Price: £196,000 (Sold on 2 Jun 2023, Freehold)
– Historical Records: £150,000 (31 Oct 2019, Freehold)

3. **35, Eden Street**
– Property Type: 3 bed, semi-detached
– Price: £240,000 (Sold on 2 Jun 2023, Freehold)
– Historical Records: £97,000 (6 Apr 2004, Freehold)

…and the list goes on.

**Conclusion**

The NN16 real estate market has shown resilience and growth over the past year, with a diverse array of properties catering to various preferences. From terraced to semi-detached and detached properties, the market has something for everyone. The upward trend in prices highlights the appeal and value appreciation of homes in NN16, making it an area to watch for both buyers and sellers.

As the real estate landscape continues to evolve, it’s essential to stay informed about local trends and recent sales. Whether you’re considering a property purchase or just intrigued by the dynamics of the market, NN16’s housing story is one of steady growth and promise.

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