According to the public record, 1, Lea Way, Wellingborough is a mid-century freehold house with 1,614 ft2 of internal area and sits on a 711 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Lea Way, Wellingborough, NN8 is located within the NN8 postal district.
1, Lea Way, Wellingborough has a single entry in the Land Registry database from October 2016 and a single entry in the EPC database dated July 2016.
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 Lea Way Wellingborough as £377,685 and the rental value as £1,502 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of 1 Lea Way Wellingborough has decreased by £2,251 (0.6%) and its rental value has increased by £95 per month (6.3%).
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, Lea Way, Wellingborough is in very good condition we estimate a sale value of £396,569 and rental value of £1,577 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £351,247 and a rental value of £1,397 per month.
If you were able to purchase this property for the estimated value of £377,685, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,856 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, Lea Way, Wellingborough sits on a plot of 711m2.
We have plot size data on 14 out of 21 other houses in the postcode and 1, Lea Way, Wellingborough sits on the largest plot.
According to HM Land Registry, 1, Lea Way, Wellingborough was last sold on 07 Oct 2016 for £369,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Oct 2016, the market for similar properties has risen 28.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Lea Way, Wellingborough within a radius of 580 metres over the last 2 years.
The most recent example is 146, Northampton Road, Wellingborough, NN8 3PJ, a Freehold house which sold for £395,000 in Mar 2024.
Read more about house prices in NN8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lea Way, Wellingborough, NN8 has a total of 118 addresses. According to our analysis of all the public data, 1, Lea Way, Wellingborough is the largest and the most expensive property on the street.
When compared to the postcode district it is £138k more expensive than the average property in NN8.
1, Lea Way, Wellingborough has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 Jul 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 1, Lea Way, Wellingborough is Wellingborough station which is 2.5 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, Lea Way, Wellingborough, 47.2% of property is privately owned outright and 41.5% 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, Lea Way, Wellingborough, 21.4% of residents are recorded as possessing school level qualifications and 26.5% 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, Lea Way, Wellingborough, the average age was 41.2 and the most common age was 12.
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, Lea Way, Wellingborough, 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, Lea Way, Wellingborough, there are an average of 1.5 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.