Towcester

Area Guide For Towcester

Towcester the Roman town of Lactodorum, is a small town in south Northamptonshire, England. Towcester comes from the Old English Tfe-ceaster. Tfe refers to the River Tove Bosworth and Toller compare it to the "Scandinavian proper names" Tfi and Tfa. The Old English ceaster comes from the Latin castra ("camp") and was "often applied to places in Britain which had been originally Roman encampments." Thus, Towcester means "Camp on the (river) Tove." The town is about 8 miles (12.9 km) south-west of Northampton and about 10 miles (16.1 km) north-west of Milton Keynes, the nearest main towns. Oxford is about 30 miles (48.3 km) south-west via the A43 road, M40 motorway and A34 road. The A43 now by-passes the town to the north but the A5 road still passes through the town centre. This still carries much traffic in the north-south direction which may be by-passed to the west with the possibility of expansion of the town. The population was 8,856 at the time of the 2001 census but has since rapidly expanded and there are plans to expand still further with another 3,300 houses equating to an appx 8,250 increase in population. With normal growth this could see the

 
 

Towcester Map

Estimated Price: £314,458
Average Asking Price: £404,956
Price change in last one year: £6,153
Average Price Paid: £268,625
Average Rent Rates: £2,019

 
 

Property Prices Breakdown in Towcester

Average Price for property in Towcester is around £314,458 which varies based on type of property you are interested in and ranges from £414,619 for detached house to around £236,486 for semi-detached. Similarly terraced house is around £220,358 and a flat is worth £137,730. Values have been changing and have risen £14 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,786 in last 6 months, £6,153 in last 1 year, £44,391 in last 2 years, £49,679 in last 3 years, £34,783 in last 4 years and £36,865 in last 5 years.

Currently average asking price of a property in Towcester is around £404,956 based on approximately 384 properties for sale. Same is the case with rental options based on 12 properties up for rent, average asking rent is around £2,019 per month.

Estimated property value in Towcester is £314,458. Average asking price is £404,956 while average price paid is £300,243 which is up by £6,153 and Avg. asking rent £2,019.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 Towcester area. In last 1 year alone average price buyer paid is around £300,243 based on approximately 384 sales in Towcester area alone. If you compare it to last 3 years sales of 1,131 properties where buyers paid around £274,500. 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 £268,625 for 1,836 and average amount paid for purchase of approx. 2,338 properties sold in last 7 years comes to about £264,363 per sale.

 
 

Properties For Sale in Towcester

 
 

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 £155,000, £192,499 for a 2 bedroom house, £291,686 for a 3 bedroom house, £499,462 for a 4 bedroom house and £613,392 for a 5 bedroom house. For a flat similarly the prices varies from £94,875 for a single bedroom to £145,000 for a 2 bedroom Flat. To sum up the asking prices for properties in Towcester it comes to around average £106,900 for 1 bedroom property, £188,845 for 2 bedroom, £291,686 for 3 bedroom, £499,462 for 4 bedroom and £613,392 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 £776 for 2 bedroom to £893 for 3 bedroom, £962 for 4 bedroom and £1,798 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £576. You should be generally be expecting around average £576 rent per month for single bedroom property, £776 for 2 bedroom, £893 for 3 bedroom, £962 for 4 bedroom and approximately £1,798 for a 5 bedroom property in Towcester area.

Popular Houses in Towcester

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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