According to the public record, 1 Furnace Cottages, Wellingborough is a period freehold house with 1,399 ft2 of internal area and sits on a 175 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Furnace Lane, Finedon, Wellingborough, NN9 is located within the NN9 postal district.
1 Furnace Cottages, Wellingborough has 51 entries in the Land Registry database, most recently in March 2023 and a single entry in the EPC database dated March 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 1 Furnace Cottages Wellingborough as £306,398 and the rental value as £1,316 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of 1 Furnace Cottages Wellingborough has decreased by £2,720 (0.9%) and its rental value has increased by £75 per month (5.7%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 1 Furnace Cottages, Wellingborough is in very good condition we estimate a sale value of £321,717 and rental value of £1,382 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £284,950 and a rental value of £1,224 per month.
If you were able to purchase this property for the estimated value of £306,398, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,506 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 1 Furnace Cottages, Wellingborough sits on a plot of 175m2.
We have plot size data on 21 out of 22 other houses in the postcode and 1 Furnace Cottages, Wellingborough sits on the 2nd largest plot.
According to HM Land Registry, 1 Furnace Cottages, Wellingborough was last sold on 09 Mar 2023 for £372,500 and was recorded as a freehold house.
The property has had 5 sales since 1995.
Since Mar 2023, the market for similar properties has dropped 2.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1 Furnace Cottages, Wellingborough within a radius of 2.3 kilometres over the last 2 years.
The most recent example is 12, Hilltop Road, Wellingborough, NN9 5BP, a Freehold house which sold for £368,000 in Dec 2023.
Read more about house prices in NN9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Furnace Lane, Finedon, Wellingborough, NN9 has a total of 25 addresses. According to our analysis of all the public data, 1 Furnace Cottages, Wellingborough is the 7th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £44k more expensive than the average property in NN9.
1 Furnace Cottages, Wellingborough has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 30 Mar 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using an oil fired boiler and radiators.
The closest station to 1 Furnace Cottages, Wellingborough is Wellingborough station which is 4.1 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 1 Furnace Cottages, Wellingborough, 42.9% of property is privately owned with a mortgage and 38.7% is privately owned outright.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 1 Furnace Cottages, Wellingborough, 15.9% of residents are recorded as possessing school level qualifications and 31.9% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 1 Furnace Cottages, Wellingborough, the average age was 44.7 and the most common age was 52.
The graph below shows how this compares to East Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 1 Furnace Cottages, Wellingborough, 2.6% of property was a second home.
Comparison figures for East Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 1 Furnace Cottages, Wellingborough, there are an average of 1.8 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.