Spencer Road, Northampton, NN1

Street Guide For Spencer Road, Northampton, NN1

 

Spencer Road, Northampton, NN1 Map

Estimated Price: £186,134
Average Asking Price: £155,838
Price change in last one year: £15,117
Average Price Paid: £122,400
Average Rent Rates: £1,665

 

Property Prices Breakdown in Spencer Road, Northampton, NN1

Values have been changing and have risen £1,700 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,703 in last 6 months, £15,117 in last 1 year, £20,183 in last 2 years, £26,390 in last 3 years, £25,672 in last 4 years and £22,987 in last 5 years.

Currently average asking price of a property in Spencer Road, Northampton, NN1 is around £155,838 based on approximately 1 properties for sale. Same is the case with rental options based on 117 properties up for rent, average asking rent is around £1,665 per month.

Estimated property value in Spencer Road, Northampton, NN1 is £186,134. Average asking price is £155,838 while average price paid is £124,000 which is up by £15,117 and Avg. asking rent £1,665.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 Spencer Road, Northampton, NN1 area. In last 1 year alone average price buyer paid is around £124,000 based on approximately 1 sales in Spencer Road, Northampton, NN1 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £114,333. 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 £122,400 for 5 and average amount paid for purchase of approx. 9 properties sold in last 7 years comes to about £125,493 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 £107,950, £142,275 for a 2 bedroom house, £184,219 for a 3 bedroom house, £249,544 for a 4 bedroom house and £402,900 for a 5 bedroom house. For a flat similarly the prices varies from £80,128 for a single bedroom to £112,624 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £141,588. To sum up the asking prices for properties in Spencer Road, Northampton, NN1 it comes to around average £81,392 for 1 bedroom property, £121,374 for 2 bedroom, £179,347 for 3 bedroom, £249,544 for 4 bedroom and £402,900 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 £459 for 1 bedroom to £630 for 2 bedrooms, £745 for 3 bedrooms, £925 for 4 bedrooms and £290 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £613. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £653. You should be generally be expecting around average £530 rent per month for single bedroom property, £641 for 2 bedroom, £745 for 3 bedroom, £925 for 4 bedroom and approximately £290 for a 5 bedroom property in Spencer Road, Northampton, NN1 area.

Popular Houses in Spencer Road, Northampton, NN1

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 Spencer Road, Northampton, NN1