Northamptonshire Property Market Update – July 2023 NN14
If you’re in the market for a new home or simply curious about the property market in NN14, then you’ve come to the right place. In this blog post, we’ll explore the latest data on house prices in NN14, a region in Northamptonshire, UK. So, let’s dive in and discover what the numbers reveal!
**Overview of NN14 Property Prices:**
Over the last year, the overall average price for properties in NN14 stood at £320,069. This figure gives us a good starting point to understand the general trends in the area. However, as with any property market, there are variations in property types, and their respective prices can differ significantly.
**Detached Properties:**
Detached properties seem to be a popular choice in NN14, with the majority of sales falling into this category. On average, a detached property was sold for £427,446 in the past year. This higher price tag could be attributed to the added privacy, space, and freedom that come with owning a detached home.
**Semi-Detached Properties:**
Semi-detached properties, which offer a balance between privacy and affordability, had an average selling price of £270,758 in NN14. This option seems to appeal to buyers seeking a middle ground between detached and terraced properties.
**Terraced Properties:**
Terraced properties, often known for their charm and community feel, were fetching an average price of £241,138. These homes provide a cost-effective option for families and individuals looking to purchase a property in NN14.
**Market Trends:**
It’s always interesting to analyze how the market has performed over time. According to the data, sold prices in NN14 were 5% higher over the last year compared to the previous year. This steady increase in house prices indicates that the area’s property market has been experiencing positive growth.
Moreover, the prices were a remarkable 17% higher than the peak recorded in 2020, when the average price was £274,134. This upward trend suggests that property values have been steadily appreciating in the region.
**A Glimpse at Recent Sales:**
To further understand the NN14 property market, let’s take a look at some recently sold properties in the area:
1. **Flat 2, 20b, King Street, Desborough, Kettering, North Northamptonshire NN14 2RD**
Type: Flat
Price: £95,000
Date Sold: 9 May 2023
Tenure: Leasehold
2. **The Old Bakehouse, 67, High Street, Titchmarsh, Kettering, North Northamptonshire NN14 3DF**
Type: 4 bed, semi-detached
Price: £635,000
Date Sold: 5 May 2023
Tenure: Freehold
| Date Sold | Property Type | Price | Tenure |
|---|---|---|---|
| 9 May 2023 | Flat 2, King Street | £95,000 | Leasehold |
| 5 May 2023 | The Old Bakehouse | £635,000 | Freehold |
| 2 May 2023 | 13 Gladstone Street | £179,995 | Freehold |
| 28 Apr 2023 | 80 Harrington Road | £262,000 | Freehold |
| 24 Apr 2023 | 16 Cransley Hill | £232,250 | Freehold |
| 21 Apr 2023 | 34 Ragsdale Street | £185,000 | Freehold |
| 21 Apr 2023 | 23 Chancery Lane | £298,000 | Freehold |
| 20 Apr 2023 | 10 Spencer Road | £325,000 | Freehold |
| 18 Apr 2023 | 85 Harrington Road | £550,000 | Freehold |
| 14 Apr 2023 | 11 Mulberry Close | £320,000 | Freehold |
| 14 Apr 2023 | 21 Arden Road | £347,500 | Freehold |
| 14 Apr 2023 | 2 Huntingdon Road | £238,000 | Freehold |
| 13 Apr 2023 | 70 Gladstone Street | £120,000 | Freehold |
| 12 Apr 2023 | 4 Lammas Close | £775,000 | Freehold |
| 12 Apr 2023 | 8 High Street | £265,000 | Freehold |
| 6 Apr 2023 | 35 Harrington Road | £248,000 | Freehold |
| 6 Apr 2023 | 50 Back Lane | £575,000 | Freehold |
| 4 Apr 2023 | 1 Sissinghurst Drive | £413,750 | Freehold |
| 4 Apr 2023 | 18 Sackville Street | £353,000 | Freehold |
| 3 Apr 2023 | 2 Sherborne Way | £381,000 | Freehold |
| 31 Mar 2023 | 17 Cransley Street | £175,000 | Freehold |
| 31 Mar 2023 | 11 Chestnut Drive | £289,950 | Freehold |
| 31 Mar 2023 | 17 Braybrooke Road | £257,500 | Freehold |
| 31 Mar 2023 | 26 Thistle Drive | £240,000 | Freehold |
| 31 Mar 2023 | 38 Willow Lane | £490,000 | Freehold |
These are just a few examples of the recently sold properties in NN14, and they showcase the diversity of property types and prices in the area.
**Conclusion:**
The property market in NN14 is showing promising signs of growth, with overall average prices increasing over the past year. Detached properties seem to be the most sought-after, while terraced homes offer a more budget-friendly option.
As with any property investment, it’s crucial to do thorough research and seek expert advice before making a decision. The property market can be dynamic, and factors like location, amenities, and market trends can significantly impact property values.
Whether you’re buying, selling, or just curious about the property market in NN14, staying informed about the latest trends and developments will help you make informed decisions.
Remember that these figures are based on historical data and the market can change over time, so it’s essential to consult local estate agents and professionals for up-to-date information.
Happy house hunting!