According to the public record, 1, Hammond Way, Market Harborough is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 1,216 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Hammond Way, Market Harborough, LE16 is located in the borough of Harborough within the LE16 postal district.
1, Hammond Way, Market Harborough has a single entry in the Land Registry database from September 2006 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 1 Hammond Way Market Harborough as £400,615 and the rental value as £1,605 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of 1 Hammond Way Market Harborough has increased by £3,159 (0.8%) and its rental value has increased by £65 per month (4.0%).
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, Hammond Way, Market Harborough is in very good condition we estimate a sale value of £420,646 and rental value of £1,685 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £372,572 and a rental value of £1,493 per month.
If you were able to purchase this property for the estimated value of £400,615, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,969 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 HM Land Registry, 1, Hammond Way, Market Harborough was last sold on 15 Sep 2006 for £194,950 and was recorded as a freehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Hammond Way, Market Harborough within a radius of 610 metres over the last 2 years.
The most recent example is 20, Sherrard Road, Market Harborough, LE16 7LD, a Freehold house which sold for £420,000 in Nov 2022.
Read more about house prices in LE16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hammond Way, Market Harborough, LE16 has a total of 79 addresses. According to our analysis of all the public data, 1, Hammond Way, Market Harborough is the 10th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £21k more expensive than the average property in LE16.
The closest station to 1, Hammond Way, Market Harborough is Market Harborough station which is 800 metres 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, Hammond Way, Market Harborough, 43.9% of property is privately owned outright and 32.5% is privately owned with a mortgage.
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, Hammond Way, Market Harborough, 19.1% of residents are recorded as possessing school level qualifications and 24.8% 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, Hammond Way, Market Harborough, the average age was 43.9 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, Hammond Way, Market Harborough, 0.0% 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, Hammond Way, Market Harborough, there are an average of 1.3 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.