New figures show rise in house sales and prices

On the up!
On the up!

Average house prices have risen in every part of north Northamptonshire over the past 12 months.

New figures released by the Land Registry show the average county home is now worth £174,963, an annual rise of 1.2 per cent.

The average home in Wellingborough is now worth £156,928, which represents an annual increase of 8.3 per cent.

In East Northamptonshire the average house now costs £185,597, up 8.1 per cent from last year.

The average Kettering home now costs £145,211, up 3.1 per cent from last year.

Homes in Corby are now worth an average of £127,366, up five per cent from last year.

The figures come as estate agents in the area said they had had a boom in business in recent months.

Simon Musto from Simon Musto estate agents in Kettering said that in June and July, which are usually fairly slow months, business had been good.

He said: “The last three months we have found better than the last 12 to 18 months. If prices are correct, houses are selling. If anyone is being even slightly optimistic with their price, they can forget it.

“If prices are bang on the button, there’s buyers for them.”

Sue Woods from Limetree sales in Kettering said: “It’s a long way off prices rising because people are still taking severe offers on properties they are selling.

“There are certain houses that if they are difficult to sell, people are having to take offers.”