First Lane, Northampton, NN5

Street Guide For First Lane, Northampton, NN5

 

First Lane, Northampton, NN5 Map

Estimated Price: £169,112
Average Asking Price: £229,180
Price change in last one year: £11,853
Average Price Paid: £126,450
Average Rent Rates: £1,610

 

Property Prices Breakdown in First Lane, Northampton, NN5

Average Price for property in First Lane, Northampton, NN5 is around £169,112 which varies based on type of property you are interested in and ranges from £196,306 for terraced house to around £163,068 for a flat. Values have been changing and have risen £345 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £803 in last 6 months, £11,853 in last 1 year, £17,000 in last 2 years, £21,752 in last 3 years, £22,141 in last 4 years and £20,366 in last 5 years.

Currently average asking price of a property in First Lane, Northampton, NN5 is around £229,180 based on approximately 2 properties for sale. Same is the case with rental options based on 41 properties up for rent, average asking rent is around £1,610 per month.

Estimated property value in First Lane, Northampton, NN5 is £169,112. Average asking price is £229,180 while average price paid is £152,500 which is up by £11,853 and Avg. asking rent £1,610.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in First Lane, Northampton, NN5 area. In last 1 year alone average price buyer paid is around £152,500 based on approximately 2 sales in First Lane, Northampton, NN5 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £123,571. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £126,450 for 10 and average amount paid for purchase of approx. 11 properties sold in last 7 years comes to about £130,681 per sale.

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £67,500, £134,642 for a 2 bedroom house, £197,426 for a 3 bedroom house, £318,373 for a 4 bedroom house and £352,220 for a 5 bedroom house. For a flat similarly the prices varies from £96,998 for a single bedroom to £112,625 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £152,500. To sum up the asking prices for properties in First Lane, Northampton, NN5 it comes to around average £93,721 for 1 bedroom property, £126,936 for 2 bedroom, £196,124 for 3 bedroom, £318,373 for 4 bedroom and £352,220 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £439 for 1 bedroom to £667 for 2 bedrooms, £759 for 3 bedrooms, £1,020 for 4 bedrooms and £1,200 for 5 bedrooms house. But if you are interested in renting a 2 bedroom flat then rent per month can be around £723. You should be generally be expecting around average £439 rent per month for single bedroom property, £698 for 2 bedroom, £759 for 3 bedroom, £1,020 for 4 bedroom and approximately £1,200 for a 5 bedroom property in First Lane, Northampton, NN5 area.

Popular Houses in First Lane, Northampton, NN5

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around First Lane, Northampton, NN5