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Trellows Market Update

Northamptonshire Property Market Update – July 2023 NN13

If you’ve been considering buying or selling a property in NN13, it’s essential to have a good understanding of the local housing market. In this blog post, we’ll take a comprehensive look at the house prices in NN13 over the last year and explore the trends and insights that can help you make informed decisions.

**Overview of NN13 Property Prices**

Over the past year, the average house price in NN13 stood at £374,608. It’s worth noting that this average is calculated across all property types and tenures, giving us a broad understanding of the market.

**Property Types and Prices**

When we delve deeper into the property types, we find some interesting patterns. Detached properties were the most popular among buyers, with an average selling price of £500,465. Semi-detached properties followed closely behind, commanding an average price of £337,230. Those seeking more affordable options might have looked at terraced properties, which had an average price of £275,456.

The preference for detached properties indicates that many buyers in NN13 are likely families or those looking for larger homes and more space. The higher average price for this property type could also be attributed to their larger plot sizes and additional features that appeal to potential buyers.

**Year-on-Year Growth**

A key factor that both buyers and sellers need to consider is the year-on-year growth of house prices in the area. NN13 experienced a significant 11% increase in sold prices compared to the previous year. Moreover, prices were 12% higher than the peak recorded in 2020 when the average price was £335,387.

This remarkable growth indicates that NN13 is a dynamic and thriving housing market, making it an attractive prospect for potential sellers. However, it’s worth noting that such robust growth may also present a challenge for first-time buyers or those with a limited budget.

**Recent Sold Properties**

Let’s take a closer look at some recently sold properties in NN13 to gain a better understanding of the local market.

Date Sold Address Property Type Price Tenure
19 May 2023 6, Calypso Lane, Brackley, NN13 6FW Terraced £330,000 Freehold
12 May 2023 1, Nuffield Close, Brackley, NN13 6PL 3 bed, semi-detached £325,000 Freehold
5 May 2023 Mixley House, Mixbury Road, NN13 5SL 4 bed, detached £785,000 Freehold
28 Apr 2023 4, Lark Rise, Brackley, NN13 6JR 3 bed, terraced £300,000 Freehold
28 Apr 2023 2, School Lane, Evenley, NN13 5RY 3 bed, terraced £400,000 Freehold
28 Apr 2023 18, Wappenham Road, Syresham, NN13 5HQ 2 bed, semi-detached £300,000 Freehold
27 Apr 2023 15, Shortlands Close, Helmdon, NN13 5QR 4 bed, detached £441,000 Freehold
25 Apr 2023 33, Stuart Road, Brackley, NN13 6HZ 4 bed, detached £400,000 Freehold
24 Apr 2023 36, Lagonda Drive, Brackley, NN13 6FE Terraced £261,000 Freehold
14 Apr 2023 57, Swallow Close, Brackley, NN13 6PQ 3 bed, terraced £325,000 Freehold
14 Apr 2023 11, Bradbery Close, Syresham, NN13 5HA Detached £668,000 Freehold
13 Apr 2023 23, Lathbury Road, Brackley, NN13 6HW 4 bed, detached £410,000 Freehold
13 Apr 2023 7, The Green, Helmdon, NN13 5QW 2 bed, terraced £254,000 Freehold
11 Apr 2023 15, Bell Close, Helmdon, NN13 5UH 2 bed, terraced £267,000 Freehold
6 Apr 2023 19, Falcon Way, Brackley, NN13 6PZ 5 bed, detached £468,000 Freehold
6 Apr 2023 23, Bell Lane, Syresham, NN13 5HP 3 bed, detached £398,000 Freehold
5 Apr 2023 51, Kingfisher Road, Brackley, NN13 6PP 4 bed, detached £445,000 Freehold
5 Apr 2023 18, Longwall, Brackley, NN13 6QB Terraced £257,000 Freehold
3 Apr 2023 143, Foxhills Way, Brackley, NN13 6QW Terraced £280,000 Freehold
3 Apr 2023 Terrington House, Terrington Close, NN13 6EN 5 bed, detached £570,000 Freehold
3 Apr 2023 Yew Tree Cottage, Manor Road, NN13 6AJ Detached £480,000 Freehold
3 Apr 2023 1, Ellesmere Road, Brackley, NN13 6BW 3 bed, semi-detached £296,000 Freehold
3 Apr 2023 75, Poppyfields Way, Brackley, NN13 6GA 3 bed, terraced £325,000 Freehold
31 Mar 2023 9, Brackley House, High Street, NN13 7EN Flat £285,000 Leasehold
30 Mar 2023 19, Shortlands Close, Helmdon, NN13 5QR 5 bed, detached £475,000 Freehold

These examples demonstrate the diversity of properties available in NN13 and give insight into the recent price points for various types of homes.

**Conclusion**

NN13’s property market has experienced a notable surge in prices over the past year, with detached properties leading the pack in terms of demand and average selling prices. While this growth presents a promising opportunity for sellers, it also means potential buyers should carefully assess their budget and financial capacity.

As always, it’s advisable to seek professional advice from local estate agents who can provide up-to-date and relevant information tailored to your specific requirements. Whether you’re a buyer or seller in NN13, understanding the local property market is crucial for making informed decisions and achieving your real estate goals.

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