Amanda has worked in estate agency in the Southeast of England for a number of years in both residential and commercial property sales.
Buying Property in Northamptonshire
This article concerns property prices in Northamptonshire. One of a series of similar articles, it seeks to identify both the property hotspots, and the cheaper areas, where families, re-locators, and buy-to-letters may still find a three bedroom house at a reasonable price.
Northamptonshire is associated with steel-works, shoe-making, and Second World War airfields. The whole county has an air of stability and prosperity about it. House prices here are quite surprisingly reasonable given its premium location within easy reach of London, Oxford and Birmingham. Although ideally placed for rail commuters into the big cities, the major towns have plentiful employment opportunities in their own right. Pricewise, there is some clear variation across the county. Pretty, chocolate box villages are relatively expensive compared to their sprawling, urban neighbours, and built-up areas tend to offer more cheap end terraced houses.
When buying property, especially as a re-locater, or buy-to-letter, it's important to consider local amenities. If you have children, think about schools. If you have elderly family members, or complex medical needs, think about hospitals. If you are a regular commuter, consider transport links. Northamptonshire is generally well-served in most of the major locations, and in terms of value for money, comes out ahead of many other counties bordering London.
As always, when considering any major purchase, please conduct your own thorough research before entering into a property transaction. Happy house hunting!
Want to Know About Other Counties?
This article is one of a series which began with a look at the 'Cheapest Places in the UK to buy a 3-Bedroom House'. This proved so popular that it seemed like a good idea to focus on individual counties. So began what has become a labour of love with each article taking over 12 hours to research and prepare. The work doesn't stop there, of course, as each county needs regular updates to keep the information current.
The counties covered at present (February 2020) include; Sussex, Surrey, Kent, Hampshire, Essex, Cambridgeshire, Norfolk, Suffolk, Lincolnshire, Derbyshire, South Yorkshire, Oxfordshire, Berkshire, Devon and Cornwall. Bookmark your favourites to check back for updates, or follow Cheapest Places UK on social media.
Cheapest Places in Norhamptonshire to Buy a Basic 3-Bedroom House 2021
|£100,000 to £150,000||£150,001 to £200,000||£200,001 upwards|
Brackley is conveniently located approximately 19 miles from Oxford and about 22 miles from Northampton.Situated close to Silverstone Motor-racing Circuit, Brackley has connections to the world of Formula 1, and is home to the Mercedes AMG Petronas F1 Team.
The town no longer has a railway station, having lost its two original stations in the 1960s. However, rail commuters can travel from nearby King's Sutton, 6 miles to the west.(A journey time of one hour 15 minutes into London at peak times)
Brackley has schools through to sixth form. These serve a wide rural community of outlying villages and hamlets.
£240,000 should be sufficient to buy a basic three bedroom house in Brackley. Smaller, terraced homes, pre-tenanted properties, and doer-uppers may come in at a little less.
The small town of Burton Latimer borders Barton Seagrave to the north, Isham to the west and Finedon to the south-east. It has a medical centre, primary schools, a range of everyday shops including a supermarket, and good bus connections with Kettering. The nearest secondary school is in nearby Barton Seagrove.
Budget at least £185,000 when shopping for a three bedroom house in Burton Latimer.
The rapidly growing town of Corby lies 23 miles north-east of the county town, Northampton. Corby was at one time known locally as "Little Scotland" due to the large number of Scottish migrant workers who relocated to the town to find employment in the steelworks. Once at the heart of Britain's steel-making capacity, Corby suffered major job losses as the industry slowly declined from the 1980s onwards.
New industry began to migrate to the town when it was designated as an Enterprise Zone in the late 1980s, and considerable regeneration investment, including EU grants, has helped Corby to re-invent itself.
Today, Corby has good employment prospects, and being a large urban environment, it has some excellent and diverse facilities including schools through to sixth form. The local railway station has a regular train service to London St Pancras, and with a journey time of just over an hour, Corby is a suitable location for commuters into the capital.
Astonishingly, considering all that Corby has to offer, basic three bedroom terrace homes can be bought from as little as £150,000.
The historic market town of Daventry still retains some wonderful old buildings at its heart. Sprawling modern estates now surround the original town centre, and the conveniences of modern day life have established themselves alongside ancient coaching inns, fine old churches and imposing 18th century residences.
Daventry lies conveniently close to the M1 motorway, and is only a short distance from 'Watford Gap'. The nearest railway station is at Long Buckby. Three bedroom houses start at around £185,000.
Desborough's Bronze Age roots have been revealed during numerous archaeological digs in and around the town. Interesting finds from the Iron Age and Anglo-Saxon periods include the 1st-century Desborough Mirror,and the Anglo-Saxon Desborough Necklace, both currently housed in the British Museum.
In more recent times, the people of Desborough were involved in spinning and weaving local wool and linen flax. Silk weaving and shoe making were also important industries in the town, from around the mid 19th century.
Modern day Desborough is a small town with a limited range of local facilities that include a primary school and leisure centre. There is no railway station. Basic three bedroom homes can be bought from around £160,000.
Cheaper end property seldom comes onto the market in the sought after town of Higham Ferrers. Expect to pay upwards of £185,000 for a three bedroom house, but keep an eye out for tiny terraced houses that sometimes slip in at a lower price. 2021 is already seeing some reductions on older listings, so look out for bargains!
Higham Ferrers is a market town in the Nene Valley close to the Cambridgeshire and Bedfordshire borders. It adjoins the town of Rushden to the south. The town is notable for a small number of quaint and interesting buildings dating back as far as the 15th century. Higham Ferrers has schools through to sixth form. The nearest mainline railway station is currently at Wellingborough.
The parish church of St Peter at Irthlingborough, has an unusual lantern tower, which was built to guide travellers across the Nene valley in foggy weather. This curious feature is visible for some distance, and may provide your first glimpse of the town.
Irthlingborough has an historic heart, with numerous old buildings. The more modern day facilities include schools through to sixth form.
Sited in an area once heavily plundered for its natural resources, Irthlimgborough boasts a picturesque wildlife sanctuary on its doorstep. The gravel quarries of days gone by, have been flooded to create artificial lakes that have now become part of the landscape surrounding the town.
Allow a minimum of £180,000 when shopping for a basic family home in Irthlingborough.
With a one hour train commute to London St Pancras station, Kettering is firmly in the London commuter belt, yet property remains surprisingly affordable. Budget upwards of £150,000 if you're hoping to buy a basic, three bedroom terrace house in Kettering. If you have as much as £600,000 available you can buy something much more spacious. Detached, 5 bedroom houses with garages, outbuildings, gardens, etc. are available from around £500,000.
Kettering is an historic location which can trace its roots back to the Roman occupation. Once an important centre for the manufacture of boots and shoes, Kettering today has a more diverse employer base including Weetabix, Pegasus Software, and Morrison's Distribution. Employment levels are high locally.
Kettering has the benefit of a hospital with accident and emergency department, and educational opportunities through to University level. Transport links are excellent, and the town has all the facilities you might expect of a large, modern, urban environment.
One of the UK's largest towns, Northampton is the county town of Northamptonshire. It lies approximately 67 miles (108 km) north-west of London and 50 miles (80 km) south-east of Birmingham.
Northampton's links to the shoe and boot-making industry are well-known. Literally millions of pairs of boots were manufactured here for the soldiers of the first World War, and shoe-making was a mainstay of the town's prosperity for many years. Modern day Northampton has slowly moved away from the traditional industries, however, and for many residents, employment opportunities often lie in London, an easy commute of just over an hour away. The commute into Birmingham New Street station takes a similar amount of time. Northampton's local employers include Texas Instruments, Northampton University, Barclaycard, and Coca Cola.
Northampton has grown considerably since being designated as a 'New Town' following the second World War. Vast estates were created in the 1950s and 1960s and these homes still make up a great deal of the available housing stock. Look out for the occasional bargain at the cheaper end of the market. On a good day £160,000 might well be sufficient to buy a basic family home in Northampton.
The mellow limestone, Georgian buildings of Oundle give this historic market town its distinctive character. Popular with visitors and day-trippers Oundle plays host to many cultural events including an annual music festival and a literary festival.
The town is blessed with a range of independent shops, tea rooms, pubs and restaurants. The river Nene winds through the surrounding countryside providing water-borne entertainment for lovers of boating and kayaking, and a home for wild fowl and other wildlife.
Aside from a well-known public school, there is also a state primary and senior school. There is no railway station at Oundle.The nearest train station, Corby, is around 9 miles west of the town.
Oundle is an attractive town, and property is more expensive here than in most of Northamptonshire. Expect to pay upwards of £240,000 for a three bedroom house. (February 2021)
Surrounded by beautiful countryside, and arable farm land, the small, rural market town of Raunds lies 21 miles north-east of Northampton. This handsome town has schools through to secondary level, and a useful shopping centre catering for everyday needs. Raunds has a strong sense of community, and there are many local clubs and societies. Budget a minimum of £180,000 when shopping for a basic family home in this pleasant location.
Allow a minimum of £170,000 when searching for a three bedroom house in Rothwell. This historic market town stands on a ridge overlooking the Ise Valley, and has a busy and attractive town centre, with schools through to sixth form.
Rothwell traces its roots back to Roman times and beyond. The many fine old architectural gems in and around the town bear testament to a long history as a successful settlement. Rothwell is also notable for its annual 'Rowell Fair' which has been celebrated for many centuries.
£160,000 should be sufficient to begin your search for 3 bedroom accommodation in Rushden.
This medium sized town adjoins Higham Ferrers, and shares its facilities with the smaller town. A new £140 million out of town leisure and shopping centre known as the Rushden Lakes Shopping Centre opened near the town in July 2017, providing both retail and employment opportunities. Rushden has schools through to sixth form.
Rushden does not have a railway station at present, but there are proposals in place to create a new station in the near future as part of a heritage line.
Surrounded by beautiful countryside, the small town of Thrapston is situated close to the River Nene, at the junction of the A14 and the A45. Local schools cater for children of primary school age, with older children travelling to nearby Oundle for their secondary education.
Approximately £200,000 should be enough to buy a basic three bedroom home in Thrapston.
The Roman Army marched up Watling Street around 2000 years ago, and founded the garrison town of Lactodurum where the modern day town of Towcester now stands. The clue, of course, is in the name. Place names in England that include 'Cester' or 'Chester' invariably have their roots in the Roman occupation of Britain, and Towcester is no exception.
Towcester is a pleasant market town in the south of the county, surrounded by lovely countryside, and boasting a well-known horse-racing course. This is one of Northamptonshire's most affluent areas, and three bedroom properties start at around £220,000, although lower end houses are often hard to come by in this location.
There is no rail link into Towcester, however, junction 15a of the M1 motorway is a short drive way,
The market town of Wellingborough lies about 11 miles (18 km) from Northampton. The town is situated on the north side of the River Nene. Being a reasonably large town, Wellingborough has good local facilities including educational opportunities through to University level, a hospital, a sports and leisure centre, and a comprehensive shopping centre.
Wellingborough has rail services into London. The journey into the capital takes around an hour on a direct line.
Allow a minimum of £150,000 when house shopping in Wellingborough.
This article is accurate and true to the best of the author’s knowledge. Content is for informational or entertainment purposes only and does not substitute for personal counsel or professional advice in business, financial, legal, or technical matters.