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.