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How much does a house for sale cost in Northampton?

by | Nov 15, 2022

Home $ House for sale in the UK $ Houses for sale in West Midlands $ How much does a house for sale cost in Northampton?

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Northampton might be an interesting area to invest in when looking for a house for sale in the UK as it is a unique area in the county of Northamptonshire.
Before looking for a house for sale in the city of Northampton we strongly suggest landlords and real estate investors to research in detail and consider all involved factors. Indeed, house prices can change quite a bit depending on the square foot of the property, the number of rooms, the economic climate, the location of the house and more.

In this data heavy article the reader will be able to find out more on the topic and see the specific data to consider when evaluating different houses for sale in Northampton.

Other cities in different locations you can consider to buy property

You can consult our list below that goes over a list of cities not necessarily in West Midlands, allowing you to find similar places to Northampton:

You may also refer to our webpage specific to UK houses for sale to get an overview of the large number of cities in the area, houses for sale in the UK

Invest in a house for sale that meets your demands

Find here below a list of criteria that we suggest you consider before looking for houses for sale in Northampton

  • affordability – the UK gov website comes in helpful when you want to understand (see what house for sale you can afford)

  • Geographic Location – the county and region across the UK you are considering to invest in are crucial factors to consider when browsing houses for sale.

  • Transport network of the house for sale – Hopefully, the pandemic stays in the past. Therefore, working from home may become less predominant than a couple of years ago. Check the commuting time of the house for sale you are considering buying.

  • Bedrooms in the house for sale – are you looking for houses for sale for yourself, for a couple or for the whole family? This condition will narrow down the number of houses for sale relevant to buy.

  • EPC of the house for sale – today more than ever, the energy performance of the properties for sale on the market should be one of the first things you check.

  • Broadband speed – having a good internet connection is crucial nowadays. Always check the available subscriptions available for the areas of the house for sale you want to purchase

  • Are you a car owner? – if yes, you will have to check for parking availability of the house for sale. Does it come with a garage included in the price?

  • Conservation areas – when browsing for houses for sale, we suggest you take a look at the National Heritage list. When a house for sale is included it means that it is not possible for the future homeowner to make changes to the property, both inside and outside.

  • Houses for sale Conditions – some properties, like new builds, need no repairs or works; other houses listed for sale may need some investment to restore them and some others may need a complete renovation. Someone looking for houses for sale should always think about how much time and money they are willing to invest to complete the needed repairs.

Professional advice for houses for sale in Northampton

Who should you talk to while going through the process of making an offer on a house for sale?
Several experts specialise in giving advice to property investors or to first time potential buyers.

Since the process of finding the right house for sale can take months, you have all the time to consult with the experts you might need.

Find here a list of those you should contact to get professional guidance and assistance when purchasing a house for sale:

  • Lender – This practitioner can lend you money to finalise a house purchase
  • Insurer – Insuring companies will provide you with the insurance policy you need to protect the house for sale you want to buy
  • Legal representative – This professional is usually there to handle all the legal tasks associated with purchasing a home for sale.
  • Surveyor – Carries out and independent valuation on the house for sale based on its conditions. It is very useful to understand the correct price before making an offer
  • Mortgage specialist – Mortgage advisors works on commissions. They will get a cut from the bank and will guide you with offering the best deals given your financial situation
  • Energy assessor – We strongly suggest you to invest in a professional assessment of the Energy Performance of the house for sale you want to purchase

What are the people like in Northampton?

Are the people of Northampton deprived?

Most of the time, high deprivation levels signal that people cannot afford to sustain their living expenses. In Northampton, currently, £0 people fall into this category.

Measuring this statistic against the nationwide average of 33% should give you a pretty good idea of where the city lies in the scale of poverty in the area.

How much are those living in Northampton earning?

As earning potential goes up in a city, so does the quality of schools in the area, the general infrastructure and the social grade score (22%). All in all, the area becomes a more desirable place to live in.

This is why it is vital to pay attention to how much people are making annually in any city you plan on making a house purchase in. In Northampton, this works out to be £39,900.00. This can be looked at alongside the average household income which is price34,000to estimate how affluent the area is.

Do the people of Northampton get to enjoy green space?

In the city of Northampton, there are 14 acres of green space per 1000 residents.

The charity, ‘Fields in Trusts’ recommends a minimum of 6 acres of green space per 1000 people so it is easy to see where Northampton is when seeing if green space availability is sufficient. This green space could be parks, nature reserves, public gardens or playing fields.

What does the population of Northampton look like?

Whenever there is a population change this can impact the demand for housing and hence the appreciation of properties too. The total population of Northampton if 29209 and in the below heading how this population has changed will be broken down.

Like most data to do with houses, all data has to be considered holistically with multiple variables to determine if the population growth actually impacts the statistics that matter to you as a landlord in Northampton such as rental yield or house appreciation.

How has the population size of Northampton adjusted in the last 5 years?

In the previous five years there has been a change in the number of people of Northampton by no relevant data for this city. Analysing this figure is a great way to tell if there is new demand for housing or not as a decreasing figure reduces the number of people who want to buy houses. Read more here

To compare this figure over a greater period of time, you could look at the figure for the 1 year population too and compare them. This way you can see if the population has changed recently or if this no relevant data for this city change has historically occurred before. Click here to know more on the UK population trends.

Over the last 10 years, how has the population size adjusted in Northampton?

In the last decade, the population of Northampton has been adjusted by no relevant data for this city. This growth may be as a result of factors like new industries employing people or emigration and immigration balancing out to create this population change.

A precedent that shows population change in this way over decades is the region of Greater London. The capital city has grown by 27% in the past 20 years. Population growth has caused house prices to go up to price523,666 on average.

Located in Northamptonshire is the city of Northampton, in a large part of the UK; West Midlands. Before you look for houses for sale in this area, it is a reasonable question to ask what the people who live there are like.

Below, the population of Northampton has been dissected in terms of if the population is educated, what the crime rates are like and much more. All important factors to consider before making a house purchase among the offer of the houses for sale.

The knowledge below is based on a lot of different variables relevant to the city of Northampton which impacts the profitability of making an investment here or how desirable buying a house to live in is if you want to live on a permanent basis.

What is the social grade score of Northampton?

In the city of Northampton, the social grade score of the area is 22%. But what does this exactly mean? The figure refers to the proportion of people in the two highest categories of skilled jobs.

The categories are grouped from A to E shown in the table below. Overall, a high social grade score means there are more affluent people working in managerial and professional roles in the area.

This table shows the average breakdown of the UK in terms of where most people in the UK are working so you can compare it to the social grade score of Northampton.

Social Score Category The proportion of the UK population (%)
A Professional, managerial or administrative 4
B Intermediate managerial or professional jobs 23
C1 Supervisory, junior managerial or professional jobs 29
C2 Skilled manual workers 21
D Semi and unskilled manual workers 15
E State pensioners, casual & lowest grade workers 8

What is the education level like in Northampton?

In Northampton, the proportion of people who have a degree is 30%. Generally speaking, as the number of people with degrees increases, the more people are able to afford houses to buy as a degree is a good indicator of a higher income. To put this into perspective, the average income of Northampton is £39,900.00.

This figure for average household income usually goes up alongside the percentage of people who have degrees.

However, this is not a hard and fast rule, there are many factors influencing the buying power of a population and hence the appreciation of housing and the number of houses for sale in the area. This can include the rental yields of the area and other demographic statistics like crime rate.

Nonetheless, it cannot be argued that those with degrees tend to live in more affluent areas as 82% of people who achieve a first in degree level education are owners of the place they live.

What’s crime like in Northampton?

Within Northampton, the number of people committing crimes is 30900% per 1000 people. This figure directly relates to the safety of residents in the area which is one of the biggest factors in whether an area is considered desirable or not.

As a result, someone looking to buy a house here hoping for it to appreciate in value or buying a house here to produce rental income should check out the crime rate and compare it carefully to the UK average of 79.52 for every 1000 people to see how safe people living there will be.

If the area’s crime rate is too high, this may result in you having to pay for the renovation of burglaries or pay a premium on home insurance as insurance companies will charge you more for living in a dangerous area. So analyse this 30900% figure carefully.

In general, for the city of Northampton, what are the final purchase prices for the houses for sale?

In Northampton, houses for sale are sold at an average of £191,986. In general, multiple factors impact this figure because lots of variables impact properties valuation. This can include the quality of the buildings in general, whether the population has grown, if there is demand for housing or if there is a low crime rate which would make the area more desirable.

In the table below, you can see for yourself how the average price of a house for sale looks based on the different sizes of housing in Northampton. The exact amount of variation between the types of housing depends on the local demand for particular types of houses in the area.

Housing category Total final sale price
Aerage sold price (detached) £378,369
Aerage sold price (semi-detached) £278,455
Aerage sold price (terraced) £206,165
Aerage sold price (flat) £128,320

As you can see above, for Northampton, price varies based on the type of house that is being sold. If these prices shock you it could be due to population change in the last 10 years of no relevant data for this city where lots of movement may inflate or deflate house prices.

Housing category Sale price per square foot
Aerage sold price/sqft £2,150
Aerage sold price/sqft (new build) £3,000
Aerage sold price/sqft (old stock) £2,060

Looking at the second table about Northampton, you are able to tell which type of housing is most affordable to you as a buyer. However, for a general overview of what house price is, the average price per square foot for a house in Northampton is £2,250.

In Northampton, what is the asking price in general for a house for sale?

Before a house gets sold, the figure it sells for always starts off as an asking price. This average asking price for the houses for sale in Northampton determines the eventual sale price of the house so it isn’t the most important figure but is still important to take note of. This figure is currently £221,965.

Below, there is a table showing the asking price of the different sizes of houses based on the number of bedrooms of the houses in Northampton.

Average price of houses for sale in Northampton

Average asking price (1 bed) £129,688
Average asking price (2 bed) £184,170
Average asking price (3 bed) £263,200
Average asking price (4 bed) £350,238
Average asking price (5 bed) no relevant data for this city

The tables should give you a generic view of what the prices of the houses for sale are like. To close things off, the average asking price for the house for sale in the whole of Northampton is £2,360. This should show you the general prices overall and for individual types of houses too.

Always consider average rental yield when searching for houses for sale in Northampton

Most of the time, high deprivation levels signal that people cannot afford to sustain their living expenses. In Northampton, currently, £0 people fall into this category.

Measuring this statistic against the nationwide average of 33% should give you a pretty good idea of where the city lies in the scale of poverty in the area and how much you can charge for rent in your ast (assured tenancy shorthold).

Is the housing market in Northampton growing?

Growth in the area can be a good signal of a booming house market. However, too much growth could also have negative consequences on the capital appreciation of a house as time goes on.

Take a look at the table below for Northampton that shows the growth in recent years.

1 year 3 years 5 years
Northampton growth rate 3% 20% 26%

High growth rates can signal an appreciating housing market, nonetheless, if there are too many houses being built, this could reduce demand for housing as the supply of houses for sale starts to catch up with the demand. Leading to stagnation or a decline in house pricing so understanding the growth in Northampton is important.

F.A.Q.

Do properties in Northampton have the potential for renovation?

If planning permissions are abundant in the vicinity of Northampton, it may look promising for landlords looking to renovate. With 11 getting approved on a monthly basis, and a success rate of nan, these prospects flourish against a population of 29209. A comparative analysis against other locations across the UK will lend you a good perspective of this data.

How many property sales occur per month in Northampton?

In Northampton, the monthly property transaction count reaches 30, a small percentage of the total house sales in the United Kingdom which equates to approximately 1.1 million.

How does the population in a city like Northampton change annually?

When evaluating the population trajectory of Northampton, explore the decade-spanning population shift of no relevant data for this city and the five-year modification of population of no relevant data for this city. By drawing comparisons, see if demographic changes in your chosen area is

How much are houses for sale priced at in the extended region of Northampton?

The average cost per square foot for a house in Northampton is presently £2,360.

Does opting for a house for sale in Northampton come with a hefty price tag?

Calculate if a property is on the pricier side by matching a listed house for sale against the mean selling prices. In Northampton, this value is £191,986, compared to the UK’s average of £286,500.

Who are the best estate agents in the city of Northampton?

Looking to pruchase a home to live in or for an investment? Discover agents in the city of Northampton below who are ready to help you navigate the home buying journey. From viewing listings to making offers, rely on an knowledgeable professional tailored to your neighborhood and preferences to eliminate the headache of searching:

Estate agent Contact number Address of agent Email
Horts 441604318010 1 Guildhall Road, Northampton, NN1 1DP Phone number only
Cotters Property 441604600364 138 Wellingborough Road, Northampton, NN1 4DT Phone number only
James Anthony Estate Agents 441604318066 211 Wellingborough Road, NN1, Northampton, NN1 4ED nan
Richard Greener 441604318001 22 Bridge Street, Northampton, NN1 1NW Phone number only
Jackson Grundy, Abington 441604318601 343 Wellingborough Road, Northampton, NN1 4ER Phone number only

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donnell-bailey

Donnell Bailey

Property expert

Donnell is a property expert focusing on the property market, he looks at a combination of legislation, information from property managers, letting agents and market trends to produce information to help landlords.

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