According to the public record, 16, Gilbey Close, Wellingborough is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 983 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Gilbey Close, Wellingborough, NN9 is located within the NN9 postal district.
16, Gilbey Close, Wellingborough has a single entry in the Land Registry database from May 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 16 Gilbey Close Wellingborough as £253,500 and the rental value as £1,164 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 16 Gilbey Close Wellingborough has decreased by £378 (0.1%) and its rental value has increased by £78 per month (6.7%).
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 16, Gilbey Close, Wellingborough is in very good condition we estimate a sale value of £266,175 and rental value of £1,222 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £235,755 and a rental value of £1,083 per month.
If you were able to purchase this property for the estimated value of £253,500, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,246 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, 16, Gilbey Close, Wellingborough was last sold on 05 May 2006 for £175,000 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 16, Gilbey Close, Wellingborough within a radius of 1.0 kilometres over the last 2 years.
The most recent example is 19, Fallowfield, Wellingborough, NN9 5YZ, a Freehold house which sold for £231,250 in Jun 2024.
Read more about house prices in NN9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gilbey Close, Wellingborough, NN9 has a total of 22 addresses. According to our analysis of all the public data, 16, Gilbey Close, Wellingborough is the 10th largest and the 19th most expensive property on the street.
When compared to the postcode district it is £9k less expensive than the average property in NN9.
The closest station to 16, Gilbey Close, Wellingborough is Wellingborough station which is 2.8 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 16, Gilbey Close, Wellingborough, 57.4% of property is privately owned outright and 38.2% 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 16, Gilbey Close, Wellingborough, 14.7% of residents are recorded as possessing school level qualifications and 32.4% 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 16, Gilbey Close, 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 16, Gilbey Close, Wellingborough, 0.6% 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 16, Gilbey Close, 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.