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The Property Market

Northampton Chronicle & Echo, 21st March 1986

Housing plans favoured

EAST Northamptonshire policymakers are expected to approve two new housing developments in Rushden.

A three-storey complex of 30 single-bedroomed flats is to be built on land in Cromwell Road.

The site is now used as a garage workshop and car sales area, but it is planned to build two three-storey blocks and a detached house.

A report to go before Wednesday's East Northamptonshire District Council planning committee says outlined planning permission for the scheme should be permitted, providing the developers follow building conditions set by the council.

A second, smaller project, to build 12 two-bed-roomed flats on land at Dayton Street, Rushden, looks set to get the green light from the planners.

An application for the three-storey building was turned down because councillors thought it would be too high, but after going back to the drawing board the developers have come up with a design likely to be approved.

Northampton Chronicle & Echo, 9th March 1988

Town's big boom: Homes snapped up 'within 10 minutes'

RUSHDEN is enjoying a property market boom and it shows no signs of letting up.

Estate agents in the town are finding themselves rushed off their feet by the demand.

And the reason, they say, is because people from the south from such places as Bedford, Milton Keynes and Luton are finding it cheaper to live in East Northamptonshire.

Office manager at Wilson, Smith and Howkins, Mr. Murray Scott, said the last couple of months had been "phenomenal".

The majority of homes coming on to the market are being snapped up within a couple of days and "sometimes within 10 minutes".

The first-time buyer market is extremely active with semi-detached and terrace homes going like hot cakes.

"It's worthwhile people moving this way and commuting and mortgages are easier to come by these days," said Mr. Scott who reckons his firm's sales have gone up 15 per cent on last year.

And, with a lot of local development planned, especially in the flat market, Mr. Scott predicted:"It's going to get busier."

Negotiator Beverly Headland agreed, saying the vast majority of their properties were sold the day after coming on to the market.

"It has taken us aback a little even though it was expected we would have a lot of people from the more expensive areas," she said.


And Neil Roberts, manager of Taylors, said the market was "very buoyant" especially with first-time buyers.

"We are selling a good cross section of properties and the boom could be put down to the fact that Rushden did have a stigma at one time but that has now gone," he said.

Taylors are selling 50 per cent more homes than last year.

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