This blog follows the property market in Northampton with a particular emphasis on buy-to-let. On here you'll find general commentary about the market, plus properties that may represent decent buys. I own a large estate agency in Northampton and am myself a landlord with an established portfolio. If you're looking to invest, but are unsure what will work best, I'm happy to offer a (free) second opinion. If you have a property to sell I can help with that too! Email richard.baker@belvoir.co.uk

Wednesday 30 October 2024

UK Property Market Update – Week Ending 20th October 2024


 

Keeping you in the loop with the latest insights from the UK property market. Here’s what’s happening right now:

 

  • 32,500 new listings last week (5.5% up YTD compared to 2023)
  • 26,075 UK homes sold STC (subject to contract) in just one week, bringing this year’s total to 1,045,620 – up from 912,919 last year YTD.
  • 724,000 homes for sale across the UK (compared to 662,000 this time last year).
  • Average sold price: £371k with £340 per sq ft on sale agreed properties.
  • Renting? Average UK rent last week was £1,881 pcm.

 

For those based in Northampton, these national stats reflect trends we’re seeing locally too. 

The housing market is constantly evolving, and as a knowledgeable estate agent here in Northampton, I’m committed to providing localised updates that matter to our community.

Follow my page for the latest local market stats, insights, and tips to help you navigate property decisions with confidence. If you have any questions about the Northampton property market or further afield, feel free to pick up the phone on 01604 801 962 .


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