According to the public record, 1, Teal Lane, Wellingborough is a mid-century leasehold house with 548 ft2 of internal area and sits on a 128 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Teal Lane, Wellingborough, NN8 is located within the NN8 postal district.
1, Teal Lane, Wellingborough has 2 entries in the Land Registry database, most recently in November 2016 and a single entry in the EPC database dated October 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 Teal Lane Wellingborough as £126,251 and the rental value as £656 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of 1 Teal Lane Wellingborough has decreased by £45 (0.0%) and its rental value has increased by £45 per month (6.8%).
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, Teal Lane, Wellingborough is in very good condition we estimate a sale value of £132,563 and rental value of £689 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £117,413 and a rental value of £610 per month.
If you were able to purchase this property for the estimated value of £126,251, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £620 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, Teal Lane, Wellingborough sits on a plot of 128m2.
We have plot size data on 28 out of 44 other houses in the postcode and 1, Teal Lane, Wellingborough sits on the 19th largest plot.
According to HM Land Registry, 1, Teal Lane, Wellingborough was last sold on 23 Nov 2016 for £85,000 and was recorded as a leasehold house.
The property has had 2 sales since 1995.
Since Nov 2016, the market for similar properties has risen 34.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Teal Lane, Wellingborough within a radius of 710 metres over the last 2 years.
The most recent example is 56, Shearwater Lane, Wellingborough, NN8 4TS, a Leasehold house which sold for £108,000 in Mar 2022.
Read more about house prices in NN8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Teal Lane, Wellingborough, NN8 has a total of 46 addresses. According to our analysis of all the public data, 1, Teal Lane, Wellingborough is the 29th largest and the 30th most expensive property on the street.
When compared to the postcode district it is £114k less expensive than the average property in NN8.
1, Teal Lane, Wellingborough has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 Oct 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, Teal Lane, Wellingborough is Wellingborough station which is 1.5 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, Teal Lane, Wellingborough, 54.6% of property is socially rented and 24.4% 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, Teal Lane, Wellingborough, 37.4% of residents are recorded as possessing school level qualifications and 14.2% 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, Teal Lane, Wellingborough, the average age was 38.4 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, Teal Lane, Wellingborough, 1.0% 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, Teal Lane, Wellingborough, there are an average of 1.0 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.