Towcester House Prices Towcester House Prices

The average house price in Towcester is £326,050 using HM Land Registry data.

The average property price increased by £14,846 (4.28%) over the last 5 years and increased by £2,967 (0.83%) over the last 12 months.

Over the last year, there were 180 residential property sales – a decrease of 161 transactions (-89.44%) relative to the previous year. The majority of house sales (49) were in the £252,000 - £314,000 range. Then came properties in the £314,000 - £376,000 range, where 37 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 84 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,755 (-1%).

In April 2024, there were 64 new estate agency instructions, 30 agreed home sales and 17 property price reductions.

5-Year Average Property Prices in Towcester

4.28%

Property prices in Towcester increased by 4.28% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in Towcester Over the Last Year

0.83%

Property prices in Towcester increased by 0.83% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for Towcester - April 2024

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in Towcester

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in Towcester

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in Towcester

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the Towcester since 1995

Using HM Land Registry data, this chart displays average annual house prices in the Towcester area since 1995.

Recent Property Sales in Towcester

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
2 Richmond Court, Towcester, West Northamptonshire, NN12 6DT£100,000£91,000-£9,00008 Jun 202317 Jan 2024223 Days
31 Burcote Road, Towcester, West Northamptonshire, NN12 6JW£300,000£292,000-£8,00018 Oct 202303 Jan 202477 Days
2 Bairstow Road, Towcester, West Northamptonshire, NN12 6EF£340,000£330,000-£10,00004 Jun 202303 Jan 2024213 Days
14 Richmond Court, Towcester, West Northamptonshire, NN12 6DT£115,000£112,000-£3,00011 Jul 202318 Dec 2023160 Days
10 Keats Drive, Towcester, West Northamptonshire, NN12 6LT£375,000£365,000-£10,00018 Jul 202318 Dec 2023153 Days
43 Greenview Drive, Towcester, West Northamptonshire, NN12 6DL£350,000£345,000-£5,00014 Aug 202318 Dec 2023126 Days
15 Graham Hill Road, Towcester, West Northamptonshire, NN12 7AB£550,000£530,000-£20,00001 Jun 202315 Dec 2023197 Days
9 Cappenham Close, Towcester, West Northamptonshire, NN12 6YP£600,000£560,000-£40,00027 May 202307 Dec 2023194 Days
17 Malthouse Court, Towcester, West Northamptonshire, NN12 6UY£350,000£335,000-£15,00004 May 202206 Dec 2023581 Days
28 Richmond Court, Towcester, West Northamptonshire, NN12 6DT£125,000£122,000-£3,00030 Mar 202330 Nov 2023245 Days
11 Oat Hill Road, Towcester, West Northamptonshire, NN12 6EZ£325,000£325,000£0027 Apr 202229 Nov 2023581 Days
32 Richmond Court, Towcester, West Northamptonshire, NN12 6DT£125,000£120,000-£5,00003 Aug 202224 Nov 2023478 Days
42 Watling Street East, Towcester, West Northamptonshire, NN12 6AF£375,000£365,000-£10,00022 Jun 202324 Nov 2023155 Days
16 Broadwater Lane, Towcester, West Northamptonshire, NN12 6YF£490,000£450,000-£40,00019 Jan 202324 Nov 2023309 Days
8 Carey Road, Towcester, West Northamptonshire, NN12 6BG£450,000£420,000-£30,00021 Aug 202320 Nov 202391 Days
20 Southgate Drive, Towcester, West Northamptonshire, NN12 6JQ£300,000£300,000£0029 Apr 202317 Nov 2023202 Days
27 Sandyhome Road, Towcester, West Northamptonshire, NN12 6JH£325,000£325,000£0012 Jul 202317 Nov 2023128 Days
18 Malthouse Court, Towcester, West Northamptonshire, NN12 6UY£340,000£295,000-£45,00023 Jun 202227 Oct 2023491 Days
4 Oak Close, Towcester, West Northamptonshire, NN12 6BN£325,000£315,000-£10,00030 Jun 202306 Oct 202398 Days
12 St Georges Close, Towcester, West Northamptonshire, NN12 6HE£185,000£177,500-£7,50005 Jul 202329 Sep 202386 Days

Most Expensive Streets in Towcester

PostcodeStreetAreaAverageNo. of Sales
NN12 6LWCherry Orchard LaneTowcester£970,9605
NN12 6FBSharpe StreetTowcester£858,7254
NN12 6FAEarls Farm WayTowcester£733,22431
NN12 7AHNorthampton RoadTowcester£600,0007
NN12 6YEBelle BaulkTowcester£561,1666
NN12 7AUSenna DriveTowcester£535,0003
NN12 6LRBarn CloseTowcester£519,5004
NN12 6DHBrackley RoadTowcester£505,33215
NN12 6PJBath MeadowTowcester£504,1166
NN12 6YLBrook LaneTowcester£503,3333

Least Expensive Streets in Towcester

PostcodeStreetAreaAverageNo. of Sales
NN12 6DALaurel PlaceLondon Road£93,5836
NN12 6THBurcote FieldsTowcester£108,0005
NN12 6DTRichmond CourtTowcester£121,75016
NN12 6DQPark StreetTowcester£142,6427
NN12 6RPAlchester CourtTowcester£159,6119
NN12 6RRAlchester CourtTowcester£181,6663
NN12 6AUIslington RoadTowcester£190,5003
NN12 6RLAlchester CourtTowcester£193,37512
NN12 6EUQueens RoadTowcester£206,2504
NN12 6UXThe LindensTowcester£207,0004

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