Corby Property Market Overview
Former steel town with continued population growth, Enterprise Zone, and affordable development land
The Corby property market recorded 731 residential sales over the past 12 months, with a median sale price of £220,000. This places Corby £30k below the Northamptonshire county median of £250,000, and £65k below the UK national median of £285,000.
Prices in Corby have shown a moderate decline, with a year-on-year change of -4.3%. Within Northamptonshire, Corby ranks 7th by price out of 7 principal towns, and 4th by transaction volume.
Corby House Prices by Property Type
Property prices in Corby vary significantly by type. The table below compares Corby prices with Northamptonshire county averages and UK national figures.
| Type | Corby | Northamptonshire Avg | UK Avg |
|---|---|---|---|
| Detached | £325,000 | £356,000 | £420,000 |
| Semi-detached | £225,000 | £250,000 | £265,000 |
| Terraced | £188,000 | £207,000 | £230,000 |
| Flat | £134,950 | £130,000 | £225,000 |
Detached homes in Corby command £325,000, while flat properties are most accessible at £134,950. The £190k spread between the most and least expensive types indicates a relatively compressed market where margins between types are tighter.
Median Price by Property Type
New Build Homes in Corby
Corby recorded 28 new-build transactions in the past 12 months, representing 3.8% of total sales. This indicates meaningful developer activity and proven buyer demand for new homes in the area.
New-build properties in Corby traded at a premium of 37.2% versus existing stock. This premium supports the viability of new development, as buyers are willing to pay more for new homes.
Across the wider Northamptonshire market, 315 new-build completions were recorded — see our Northamptonshire property market report for the full county picture.
Recent Property Sales in Corby
The following table shows the most recent property transactions recorded in Corby, providing real-time evidence of achieved prices for buyers, sellers, and developers:
| Price | Type | Postcode | Date | Status |
|---|---|---|---|---|
| £98,000 | Terraced | NN18 9BW | 2026-02-26 | Existing |
| £225,000 | Semi-detached | NN17 3LZ | 2026-02-20 | Existing |
| £227,500 | Semi-detached | NN17 3LW | 2026-02-13 | Existing |
| £195,000 | Terraced | NN17 2QA | 2026-02-09 | Existing |
| £132,500 | O | NN17 5JG | 2026-02-09 | Existing |
These transactions are sourced from HM Land Registry Price Paid data and represent completed, registered sales. The range from £98,000 to £227,500 illustrates the breadth of the Corby market.
Development Finance in Corby
For developers considering Corby, the local market data translates directly into finance structuring. With a median value of £220,000 and detached homes at £325,000, lenders can assess scheme viability with confidence.
A typical development finance facility for a Corby scheme with a GDV of £325,000 would attract senior debt of approximately £211,250 at 65% LTGDV. Mezzanine finance can stretch total borrowing to 85-90% of costs, while bridging loans enable rapid site acquisitions completing in as little as 5 working days.
While prices have softened 4.3% year-on-year, experienced developers can still generate strong returns in Corby by targeting well-located sites with clear demand drivers.
Ready to develop in Corby? Submit your scheme for indicative terms within 24 hours from our panel of 100+ lenders.
Corby Compared to Nearby Northamptonshire Towns
To put Corby's market in context, the table below compares it with similarly-priced towns across Northamptonshire:
| Town | Median Price | Sales (12m) | YoY Change |
|---|---|---|---|
| Corby | £220,000 | 731 | -4.3% |
| Rushden | £245,000 | 480 | +1.7% |
| Wellingborough | £248,000 | 1,026 | -6.2% |
| Kettering | £250,000 | 1,392 | -4.6% |
| Daventry | £265,000 | 485 | -7% |
| Northampton | £271,150 | 3,184 | -3.3% |
For the full Northamptonshire town-by-town breakdown, see our comprehensive Northamptonshire property market report.
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5 min readFrequently Asked Questions
What is the average house price in Corby?
The median house price in Corby is £220,000, based on 731 transactions over the past 12 months. Detached homes average £325,000 while flat properties average £134,950.
Are house prices rising or falling in Corby?
House prices in Corby are falling at -4.3% year-on-year. This decline may present buying opportunities for investors and developers. The wider Northamptonshire market is falling at -4%.
How many properties sold in Corby recently?
Corby recorded 731 residential property sales in the past 12 months. This high volume indicates a liquid, active market.
What development finance is available for projects in Corby?
Developers in Corby can access development finance from 6.5% p.a. at 65-70% LTGDV, mezzanine finance stretching to 85-90% of costs, bridging loans completing in 5-10 days, and development exit finance. Construction Capital sources the best terms from 100+ lenders.