Wellingborough Market Review – May 2022

Competitive pricing is the story of the summer. The theme was highlighted in Rightmove’s latest House Price Index, with asking prices dropping 1.2% in July to an average of £373,709. This adjustment reflects the improved supply of properties for sale.

Rightmove has lowered its 2025 house price forecast, citing high levels of stock and increased competition among sellers. With average asking prices slipping and buyer activity remaining strong, the latest data reveals a shifting market dynamic where realistic pricing is key to securing a sale. 

House prices in Wellingborough dipped slightly in June, but market confidence remains firm. With new listings priced more realistically and steady sales volumes, buyer demand is holding strong. Lettings also show resilience as rents stabilise at historically high levels.