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

Thursday, 6 March 2025

Thinking of Moving Home in Northampton? Here’s Where the Bigger Homes Are

 


If you're considering a move and space is a top priority, understanding where larger Northampton homes are clustered can be incredibly useful. The map above highlights the distribution of four-bedroom (or larger) properties across the local Northampton market, giving a clear picture of where they are more commonly found.

Larger Northampton homes often appeal to growing families, those needing extra space for home offices, or buyers looking for long-term flexibility. On the flip side, if you already own a spacious Northampton home and are thinking of downsizing, knowing where demand for bigger properties is highest can help you plan your next steps.

By keeping a close eye on market trends and property availability, we aim to make moving home as straightforward as possible. Whether you’re upsizing, downsizing, or just curious about what’s happening in the local Northampton property market, it always helps to have the right insights at the right time.

If you’re wondering what your home might be worth in today’s market, or what’s available that suits your needs, we’d be happy to help. Call us on 01604 626 626 for informal chat.


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Sunday, 2 March 2025

The UK Property Market Update - week ending 23rd February 2025

 


Listings (New Properties on the Market)

35.8k new listings this week (last week 36.1k)

That’s 9% higher than Week 7 of 2024 YTD and 9.2% higher YTD compared to 2017/18/19.


Price Reductions (% of Resi Stock)

20.6k Price Reductions this week - meaning an approx run rate of 1 in 8 of Resi Sales stock per month is being reduced (12%).

For comparison, 11.9% average in 2024, though the long-term 5-year average is 10.6%.


Total Gross Sales (Agreed Sales)

27.4k UK homes sold STC this week, slightly down from 27.6k last week in Week 6

That’s 20% higher YTD compared to 2024 and 28% higher than 2017/18/19 YTD levels.


Sale-Through Rate (Monthly in Arrears)

January’s Run rate of 15% of Resi stock sold stc. For comparison, 13.9% of residential sales stock sold in January 2025. 2024 monthly average: 15.3%. Long-term 8-year average: 17.9%.


Sale Fall-Throughs

6,027 Sale fall-thrus last week from Resi Sale Sales Pipeline of 440,431 homes sale agreed (sold stc).

Another method is that week’s sale fall thrus as a % of gross sales that week. This week, that is 22% (last week 22.2%). Still below the 7-year average of 24.2%, and well below the 40%+ levels post-Truss Budget (Autumn 2022).

For January ’25 as a whole, 6.03% of sales in the UK agents pipelines fell thru in Jan 25. For comparison, 2024 average: 5.36%.


Net Sales (Gross sales for the week less Sale Fall Thrus for the week)

21.3k net sales this week, compared 2025 weekly average of 20.6k.

2025 YTD is 17% higher than compared to 2024 YTD and 22% higher than YTD 2017/18/19.


Residential Sales Stock on the Market

660k properties on the market at the end of January 2025 (up, as expected, from 605k in December).

Historical comparison for end of January :

  • 2024: 612k
  • 2023: 525k
  • 2022: 373k
  • 2021: 538k
  • 2020: 591k
  • 2019: 614k
  • 2018: 540k
  • 2017: 525k

Residential Sales Sold STC Pipeline

440k sales agreed but not yet completed at the end of January 2025.

Historical comparison for January :

  • 2024: 354k
  • 2023: 347k
  • 2022: 447k
  • 2021: 459k
  • 2020: 308k
  • 2019: 290k
  • 2018: 282k
  • 2017: 270k

UK House Prices (£/sq.ft)

As always, the £/sq.ft metric predicts Land Registry figures 5 months in advance with 92% accuracy (the orange line of the graph).

January’s final figure: £342/sq.ft.

  • December ’24 : £339/sq.ft
  • August ’24: £334/sq.ft
  • January ’24: £330/sq.ft

This means UK house prices have risen 3.64% in the last 12 months.


If you would like to chat to us about our local property market, feel free to call us on 01604 626 626 or drop us a line at northampton@belvoir.co.uk




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