Summer Housing Market Update: East Midlands
Key Statistics
In the East Midlands region, the average house price was £562,429, which represents a -0.54% annual change. The premium price threshold in the East Midlands is £435,000, which means that the top 5% of sales in the region were above this figure. Over the last 12 months the average price per square foot has been around £275. The total value of sales over the past year has been £1.99 billion with 120 sales at or over £1 million.
The East Midlands Premium Market
While some areas in the East Midlands have seen a decrease in the average property price, others have performed extremely well. Mansfield has seen a 12% annual increase, the average price in Loughborough has increased by 6%, Derby has increased by 5% and Northampton has increased by 3%.
The highest premium threshold in the East Midlands is in Northampton at £511,000 and the second highest is Loughborough with a threshold of £475,000.
Click here to read the full F&C Regional Summer Market Report: East Midlands
Properties for sale in the East Midlands region
Melton Mobray, Leicestershire, 5 bedrooms
Situated in the beautiful and secluded village of Wyfordby close to the market town of Melton Mowbray, Jasmine Farm is a stunning equestrian property benefitting from 9.5 acres of grounds with stables. This magnificent property boasts an outstanding entertainment patio area, a separate two-bedroom cottage, a workshop, a studio, a self-contained office and a private wooded area.
Southwell, Nottinghamshire, 7 bedrooms
This Grade II listed property, dating back to the 17th century, is one of the important Prebendal houses set around Southwell Minster itself. Rampton Prebend has been subject to a comprehensive restoration and enjoys a stunning aspect looking over the formal landscaped front gardens towards the twin towers and main entrance of the Southwell Minister. The magnificent home is accompanied by a range of outbuildings and a detached three-bedroom coach house boasting original features.
Kettering, Northamptonshire, 4 bedrooms
This Grade II listed manor house is situated in a conservation area in the heart of the ancient Northamptonshire village of Barton Seagrave. The attractive 17th century home has been fully modernised, whilst retaining an abundance of original features in the stunning reception room, dining room with servery, open-plan kitchen, breakfast and reception room, study and four bedrooms.
Contact us
Looking to buy or sell your home in the East Midlands area, the UK or overseas? Get in touch with your local Fine & Country agent today.
21st Aug 2020
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