Property growth and equity release in Northamptonshire: What you need to know
House prices have always grown and whilst there is volatility in the market, there has historically been an upwards trajectory. When anyone buys their first home, they can be comfortable in the knowledge that it will be a long-term investment and the value is likely to increase over time.
According to Rightmove in 2020 the majority of properties that were sold across the county were detached homes that received an average of £360,000. The county average was £257,000. The most expensive area in Northamptonshire was Guilsborough. House prices across the whole of the area are said to have increased more than £150,000 over the last 25 years. The average house price is now five times higher than it was in 1995.
Average prices in Northampton stand at £273,000. It is believed that further price growth will occur with regeneration plans afoot. If you are based in Northampton or the wider parts of Northamptonshire and you are wondering whether equity release is a good option, our experts will be delighted to talk with you about your options. We enjoy getting to know our clients face-to-face or if you prefer we can arrange a phone or video consultation. All initial meetings are completely free of charge, with no obligation to proceed. We work 100 per cent in your best interests, so will never make recommendations unless we believe they are right for you.