According to the public record, 11, Morus View, Wellingborough is a modern freehold house with 1,367 ft2 of internal area.
Houses of this size in this area normally have 4 bedrooms with a garden.
Morus View, Wellingborough, NN8 is located within the NN8 postal district.
11, Morus View, Wellingborough has a single entry in the Land Registry database from June 2022 and a single entry in the EPC database dated June 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 good condition, we estimate the current sale value for 11 Morus View Wellingborough as £352,972 and the rental value as £1,434 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of 11 Morus View Wellingborough has decreased by £560 (0.2%) and its rental value has increased by £98 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 11, Morus View, Wellingborough is in very good condition we estimate a sale value of £370,620 and rental value of £1,506 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £328,264 and a rental value of £1,334 per month.
If you were able to purchase this property for the estimated value of £352,972, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,735 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, 11, Morus View, Wellingborough was last sold on 20 Jun 2022 for £404,995 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jun 2022, the market for similar properties has dropped 4.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 11, Morus View, Wellingborough within a radius of 950 metres over the last 2 years.
The most recent example is 8, Morus View, Wellingborough, NN8 1FZ, a Freehold house which sold for £412,995 in Jul 2022.
Read more about house prices in NN8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Morus View, Wellingborough, NN8 has a total of 12 addresses. According to our analysis of all the public data, 11, Morus View, Wellingborough is the 6th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £113k more expensive than the average property in NN8.
11, Morus View, Wellingborough has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 01 Jun 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 11, Morus View, Wellingborough is Wellingborough station which is 700 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 11, Morus View, Wellingborough, 39.0% of property is socially rented and 24.9% is privately rented.
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 11, Morus View, Wellingborough, 16.9% of residents are recorded as possessing school level qualifications and 19.8% 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 11, Morus View, Wellingborough, the average age was 40.8 and the most common age was 32.
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 11, Morus View, Wellingborough, 0.2% 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 11, Morus View, Wellingborough, there are an average of 0.8 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.