3 The Nurseries, Horton, Northampton, West Northamptonshire, NN7 2BU

Detached
5
1755 sq ft
4.8%
PROPERTY VALUATION
£
Last sold: July 2023
INVESTMENT PERFORMANCE
Investment return: 5.0% per year throughout 2016 - 2023
PRICE CHANGE
£31,000
Percentage change: -4.8%
REFINE VALUATION

Property summary Last updated: 03/05/2024

Last updated: 03/05/2024

3 The Nurseries, Horton is a 5 bedroom detached house spread over 1,755 square feet, making it one of the smaller properties here - it is ranked as the 4th most expensive property* in NN7 2BU, with a valuation of £619,000.

Since it last sold in July 2023 for £650,000, its value has decreased by £31,000.

House floorplan
Detached houses across NN7 2 have been selling for £352 per square foot.

We expect this property to be in good condition (or is more desirable for some other reason) based on its price per square foot; it is currently valued at £352 per square foot.

  • The latest sale in NN7 2BU went for £730k on 12 Oct 2023.
  • The average current property value here is £656,000.
  • 2 properties have sold in NN7 2BU over the last 5 years.
  • 38 detached houses have sold at an average price of £552,000 in NN7 2 over the last 12 months.
Recent sales
Searching for recent sales near here

Expected property condition

At a sale price of £619k, we expect this property to be in slightly better condition than the neighbouring properties in the road.

As it has a higher cost per square foot than other properties in the road, we think it is more likely to be in good condition.

This can be caused by it having recently been refurbished to a high standard although it could also be because the property has more appealing architecture, a bigger garden, more parking spaces or a garage etc.

Update property condition

At a valuation of £619k this property has a cost per square foot of £352 - this is slightly more than the average for the area (which is currently £315).

4.8%
This property has fallen in price by -4.8% since it last sold 10 months ago.
6%
This property is 6% less expensive than average in The Nurseries, NN7 2BU.

Sale history

The most paid for a property in The Nurseries, NN7 2BU was £730,000 in 2023.

Date Price Change
Today's value* £619,000 4.8%
04 Jul 2023 £650,000 39.5%
02 Sep 2016 £466,000 -
Investment Performance
Annual change: 5%

The previous owner had the property for 6 years, having purchased it in September 2016 for £466,000.

During this time, the price rose by £184,000 (39.5%), which equates to it increasing in value by 5% each year.

The property turned out to be a reasonably good investment for the previous owner.

The local market - The Nurseries, NN7 2BU

  • The average property value here is £656,000.
    • Valuations range from £619,000 to £717,000.
3 The Nurseries, Horton, Northampton, West Northamptonshire, NN7 2BU
3 The Nurseries, Horton, Northampton, West Northamptonshire, NN7 2BU
3 The Nurseries, Horton, Northampton, West Northamptonshire, NN7 2BU
3 The Nurseries, Horton, Northampton, West Northamptonshire, NN7 2BU
3 The Nurseries, Horton, Northampton, West Northamptonshire, NN7 2BU
3 The Nurseries, Horton, Northampton, West Northamptonshire, NN7 2BU
3 The Nurseries, Horton, Northampton, West Northamptonshire, NN7 2BU
3 The Nurseries, Horton, Northampton, West Northamptonshire, NN7 2BU
3 The Nurseries, Horton, Northampton, West Northamptonshire, NN7 2BU
3 The Nurseries, Horton, Northampton, West Northamptonshire, NN7 2BU

Valuation details

Since 3 The Nurseries, Horton last sold 11 months ago, it has decreased in price by 4.8%.

At its last energy performance certificate inspection, it got a below average rating for this postcode with a score of 51 out of 100.

On a cost per square foot basis, this property is valued at 12% more than the other houses in this postcode.

Essential info

  • 5 bedroom freehold detached house
  • 1,755 square feet
  • 13% smaller than the average property in this postcode
  • 6% less expensive than the average here

This property is currently valued at £352 per square foot - the average cost per square foot for this postcode is £315.

A higher cost per square foot can indicate that the property is in a better condition than the other properties or that it has a bigger garden (for more information see our valuation review) of this property.

If the property was previously purchased in a bad state of repair, making home improvements could increase its sale price to £712,000.

Essential buying details

  • Built between 1967 and 1975, the property has sold twice over the last 29 years.

  • If no refurbishment work has been carried out since it was last purchased, we expect the property to sell for between £597k and £641k.

  • The property turned out to be a reasonably good investment for the previous owner - returning on average 5.0% per annum.

PropertyValuation
3 The Nurseries, Horton, Northampton, West Northamptonshire, NN7 2BU 3 The Nurseries, Horton
5 bed | 1755 sq. ft.
£619,000
2 The Nurseries, Horton, Northampton, South Northamptonshire, Northamptonshire, NN7 2BU 2 The Nurseries, Horton
4 bed | 2260 sq. ft.
£629,000
1A The Nurseries, Horton
£660,000
Seven Stones, 2, The Nurseries
£717,000
OFFERS EXPECTED TO BE IN THE REGION OF:
£597k - £641k

Most likely sale price: £619k

Tell us about the condition of the property to get a more accurate valuation.

Our property valuation model calculates the latest property prices using data from trusted external sources in combination with available user-submitted information - this includes HM Land Registry which is the UK's official register for ownership of land and property in England and Wales.

The model takes into account what has sold, when and how prices have changed over time. It also brings in multiple datasources to cross reference accuracy with the latest sales data and cost per square foot benchmarks.

In addtion to this, we filter out bad data where we are able to identify it so we can improve accuracy.

If home improvements have been made or the property has been extended after it was last purchased, these improvements won't be taken into account if we don't know about them. For properties that have had home improvements made, you can get an updated valuation here.

A number of things can make a property more desirable and sell for more money per square foot than others in the area.

Some of the things that can cause a property to be worth more per square foot include:

  • Good school catchment area
  • Good transport links
  • Bigger garden
  • Offstreet parking and garages
  • High quality architectural designs (a.k.a pretty houses!)
  • Good quality home improvements

We use multiple data sources to provide reliable property information to you.

Some of the data sources we use are:

  • HM Land Registry
  • Ordnance Survey
  • Department for Levelling Up, Housing & Communities
  • Royal Mail
  • Estate agents
  • Property listings

* Excluding properties that we've been unable to calculate a valuation for.

** Excludes property transactions that occurred before 1995.

Whilst all reasonable effort is made to ensure the information in this website is current, The Move Market does not warrant the accuracy or completeness and accepts no liability for any loss or damage or costs.

Contains HM Land Registry data © Crown copyright and database right 2023. This data is licensed under the Open Government Licence v3.0.

The latest HM Land registry data covers property transactions up until 31/03/2024 - this was released on the 29/04/2024.