Studfall Avenue

House prices continue to rise in Corby

A Northamptonshire estate agent has recorded another increase in house prices in Corby.

The average house price in the town in December last year was £209,119. Just six months later, the latest statistics from Belvoir show the average house price in the town is £217,076 – a rise of almost four per cent.

This mirrors the national picture, which shows a 4.1% UK house price growth for the year to March 2023.

More than two thirds of the properties sold by Belvoir Corby in the last 12 months were in the £100,000 to £250,000 price bracket and the total value of sales was £179,070,667.

The top three transactions in the last three months were a sale of £485,000 in Stubbing End, £420,000 in Fermyn Place and £410,000 in Gleneagles Road.

Studfall Avenue was a popular address this spring as it took the title of the street with the most transactions in the past three months.

The estate agent, based in George Street, has had a good 2023 so far, kicking off the year with a surge in home valuation requests and an uptick in the number of prospective buyers contacting them, compared to pre-pandemic.

Belvoir Corby and Kettering managing director Bobby Singh Braich said: “House prices continue to rise in Corby but at a much steadier pace. We’ve seen increased confidence from sellers and properties that are priced accurately and marketed correctly are being snapped up quickly as demand continues to outstrip supply. If you are considering selling your home or your need help in finding your dream home, we can help.”

Want to sell your home this summer? Visit www.belvoir.co.uk/offices/corby or call Belvoir Corby today on 01536 261666.