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House Prices in NN12

The average house price in NN12 (Towcester) is £425,600 using HM Land Registry data.

The average property price increased by £62,131 (15.78%) over the last 5 years and increased by £12,420 (2.56%) over the last 12 months.

Over the last year, there were 303 residential property sales – a decrease of 224 transactions (-73.93%) relative to the previous year. The majority of house sales (97) were in the £230,000 - £320,000 range. Then came properties in the £320,000 - £410,000 range, where 73 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 58 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,755 (-1%).

In June 2024, there were 61 new estate agency instructions, 57 agreed home sales and 26 property price reductions.

5-Year Average Property Prices in NN12 (Towcester)

15.78%

Property prices in Towcester increased by 15.78% 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 NN12 (Towcester) Over the Last Year

2.56%

Property prices in Towcester increased by 2.56% 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.

Property Market Heat Gauge for NN12 (Towcester) - June 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 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date).Others simply reduce the price to a level that will entice more buyer 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 NN12 (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 NN12 (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 NN12 (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 NN12 (Towcester) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the NN12 postcode area since 1995.

Recent Sales in NN12 (Towcester)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
11 Simons Walk, Pattishall, Towcester, West Northamptonshire, NN12 8NX	£275,000	£257,000	-£18,000	16 Jun 2023	19 Apr 2024	308 Days
10 Richmond Court, Towcester, West Northamptonshire, NN12 6DT	£130,000	£110,000	-£20,000	19 Apr 2017	12 Apr 2024	2550 Days
53 Northampton Road, Towcester, West Northamptonshire, NN12 7AH	£625,000	£625,000	£00	10 Jan 2024	09 Apr 2024	90 Days
2d, Whittlebury Road, Silverstone, Towcester, West Northamptonshire, NN12 8UN	£265,000	£265,000	£00	28 Sep 2023	28 Mar 2024	182 Days
86 School Road, Astcote, Towcester, West Northamptonshire, NN12 8NN	£450,000	£430,000	-£20,000	14 Sep 2023	20 Mar 2024	188 Days
14 Maple Close, Towcester, West Northamptonshire, NN12 6XD	£475,000	£467,500	-£7,500	06 Jul 2023	18 Mar 2024	256 Days
18 Hazelwood, Silverstone, Towcester, West Northamptonshire, NN12 8TX	£410,000	£395,000	-£15,000	21 Aug 2023	18 Mar 2024	210 Days
39 Watling Street, Potterspury, Towcester, West Northamptonshire, NN12 7QD	£425,000	£417,500	-£7,500	27 Oct 2023	04 Mar 2024	129 Days
44 High Street, Paulerspury, Towcester, West Northamptonshire, NN12 7NA	£240,000	£232,500	-£7,500	09 Oct 2023	01 Mar 2024	144 Days
22 Church Street, Pattishall, Towcester, West Northamptonshire, NN12 8NB	£925,000	£875,000	-£50,000	27 Sep 2023	29 Feb 2024	155 Days
6 Meadow View, Potterspury, Towcester, West Northamptonshire, NN12 7PH	£275,000	£263,500	-£11,500	21 Aug 2023	30 Jan 2024	162 Days
4 Cedar Close, Towcester, West Northamptonshire, NN12 6BH	£375,000	£367,500	-£7,500	02 Jun 2023	19 Jan 2024	231 Days
113 Highfields, Towcester, West Northamptonshire, NN12 6EA	£300,000	£300,000	£00	25 Apr 2023	19 Jan 2024	269 Days
2 Richmond Court, Towcester, West Northamptonshire, NN12 6DT	£100,000	£91,000	-£9,000	08 Jun 2023	17 Jan 2024	223 Days
8 Fairfield Road, Paulerspury, Towcester, West Northamptonshire, NN12 7NB	£400,000	£400,000	£00	24 Mar 2023	05 Jan 2024	287 Days
22 Hampton Court Close, Towcester, West Northamptonshire, NN12 6JJ	£270,000	£265,000	-£5,000	17 Aug 2023	04 Jan 2024	140 Days
31 Burcote Road, Towcester, West Northamptonshire, NN12 6JW	£300,000	£292,000	-£8,000	18 Oct 2023	03 Jan 2024	77 Days
2 Bairstow Road, Towcester, West Northamptonshire, NN12 6EF	£340,000	£330,000	-£10,000	04 Jun 2023	03 Jan 2024	213 Days
3 School Lane, Wappenham, Towcester, West Northamptonshire, NN12 8SG	£450,000	£437,500	-£12,500	16 Oct 2023	19 Dec 2023	64 Days
50 West End, Silverstone, Towcester, West Northamptonshire, NN12 8UY	£900,000	£876,800	-£23,200	30 Jun 2023	19 Dec 2023	172 Days

Most Expensive Streets in NN12 (Towcester)

Postcode	Street	Area	Average	No. of Sales
NN12 7NF	Park Lane, Paulerspury	Towcester	£1,348,333	3
NN12 8RA	Church Street, Blakesley	Towcester	£967,500	4
NN12 6LW	Cherry Orchard Lane	Towcester	£959,966	3
NN12 8HB	Everdon Road, Farthingstone	Towcester	£894,000	3
NN12 8XS	Church Way, Whittlebury	Towcester	£851,400	5
NN12 6FB	Sharpe Street	Towcester	£839,983	3
NN12 8RX	Main Street, Woodend	Towcester	£835,937	8
NN12 8XG	Lodge Park, Whittlebury	Towcester	£769,500	3
NN12 8AG	Caldecote	Towcester	£755,000	3
NN12 6FA	Earls Farm Way	Towcester	£736,092	32

Least Expensive Streets in NN12 (Towcester)

Postcode	Street	Area	Average	No. of Sales
NN12 6DA	Laurel Place, London Road	Towcester	£93,583	6
NN12 6TH	Burcote Fields	Towcester	£108,000	5
NN12 6DT	Richmond Court	Towcester	£121,200	15
NN12 6DQ	Park Street	Towcester	£142,642	7
NN12 6RP	Alchester Court	Towcester	£168,625	8
NN12 6RR	Alchester Court	Towcester	£181,666	3
NN12 6AU	Islington Road	Towcester	£190,500	3
NN12 6RL	Alchester Court	Towcester	£193,375	12
NN12 6UX	The Lindens	Towcester	£201,600	5
NN12 6EU	Queens Road	Towcester	£206,250	4