Values have been changing and have risen £405 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £940 in last 6 months, £13,864 in last 1 year, £19,881 in last 2 years, £25,439 in last 3 years, £25,894 in last 4 years and £23,818 in last 5 years.
Currently average asking price of a property in The Approach, Northampton, NN5 is around £229,180 based on approximately 4 properties for sale. Same is the case with rental options based on 41 properties up for rent, average asking rent is around £1,610 per month.
Estimated property value in The Approach, Northampton, NN5 is £197,800. Average asking price is £229,180 while average price paid is £138,875 which is up by £13,864 and Avg. asking rent £1,610.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 The Approach, Northampton, NN5 area. In last 1 year alone average price buyer paid is around £138,875 based on approximately 4 sales in The Approach, Northampton, NN5 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £140,083. 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 £136,055 for 9 and average amount paid for purchase of approx. 12 properties sold in last 7 years comes to about £142,375 per sale.