Brackley

Area Guide For Brackley

Brackley is a town in south Northamptonshire, England. It is about 19 miles (31 km) from Oxford and 22 miles (35 km) from Northampton. Historically a market town based on the wool and lace trade, it was built on the intersecting trade routes between London, Birmingham and the English Midlands and between Cambridge and Oxford. Brackley has connections with Formula 1 as it is close to Silverstone and home to Mercedes GP. Brackley, originally also known as Brachelai or Brackele, was held in 1086 by Earl Alberic. After this it passed to the Earl of Leicester, and to the families of De Quincy and Roland. In the 11th and 12th centuries Brackley was in the Hundred of Odboldistow and in the Manor of Halse. Richard I (The Lionheart) named five official sites for jousting tournaments so that such events could not be used as local wars, and Brackley was one of these. The tournament site is believed to be to the south of the castle where the A422 now passes. Henry III attacked and destroyed the castle in 1173. The site was later granted to the Hospital of SS. James and John (see below). The town was the site of a important meeting between the barons and representatives of the King in 1215, the

 
 

Brackley Map

Estimated Price: £299,301
Average Asking Price: £333,113
Price change in last one year: £22,918
Average Price Paid: £237,056
Average Rent Rates: £1,557

 
 

Property Prices Breakdown in Brackley

Average Price for property in Brackley is around £299,301 which varies based on type of property you are interested in and ranges from £377,814 for detached house to around £242,133 for semi-detached. Similarly terraced house is around £213,571 and a flat is worth £180,213. Values have been changing and have risen £4,192 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £10,224 in last 6 months, £22,918 in last 1 year, £35,423 in last 2 years, £36,825 in last 3 years, £40,893 in last 4 years and £37,726 in last 5 years.

Currently average asking price of a property in Brackley is around £333,113 based on approximately 303 properties for sale. Same is the case with rental options based on 40 properties up for rent, average asking rent is around £1,557 per month.

Estimated property value in Brackley is £299,301. Average asking price is £333,113 while average price paid is £244,140 which is up by £22,918 and Avg. asking rent £1,557.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 Brackley area. In last 1 year alone average price buyer paid is around £244,140 based on approximately 303 sales in Brackley area alone. If you compare it to last 3 years sales of 876 properties where buyers paid around £238,778. 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 £237,056 for 1,464 and average amount paid for purchase of approx. 2,004 properties sold in last 7 years comes to about £233,809 per sale.

 
 

Properties For Sale in Brackley

 
 

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 £156,486, £204,971 for a 2 bedroom house, £277,499 for a 3 bedroom house, £403,957 for a 4 bedroom house and £577,289 for a 5 bedroom house. For a flat similarly the prices varies from £114,595 for a single bedroom to £223,240 for a 2 bedroom Flat. To sum up the asking prices for properties in Brackley it comes to around average £126,564 for 1 bedroom property, £211,061 for 2 bedroom, £277,499 for 3 bedroom, £403,957 for 4 bedroom and £577,289 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 £650 for 1 bedroom to £790 for 2 bedroom, £871 for 3 bedroom and £1,497 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £605. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £790. You should be generally be expecting around average £610 rent per month for single bedroom property, £790 for 2 bedroom, £871 for 3 bedroom and approximately £1,497 for 4 bedroom property in Brackley area.

Popular Houses in Brackley

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.

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