According to the public record, 18, The Wells, Wellingborough is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 606 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The Wells, Finedon, Wellingborough, NN9 is located within the NN9 postal district.
18, The Wells, Wellingborough has 2 entries in the Land Registry database, most recently in December 2016 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 18 The Wells Wellingborough as £119,555 and the rental value as £653 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of 18 The Wells Wellingborough has decreased by £1,395 (1.2%) and its rental value has increased by £30 per month (4.6%).
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 18, The Wells, Wellingborough is in very good condition we estimate a sale value of £125,532 and rental value of £685 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £111,186 and a rental value of £607 per month.
If you were able to purchase this property for the estimated value of £119,555, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £588 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, 18, The Wells, Wellingborough was last sold on 21 Dec 2016 for £100,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Dec 2016, the market for similar properties has risen 22.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 18, The Wells, Wellingborough within a radius of 660 metres over the last 2 years.
The most recent example is 20, Obelisk Road, Wellingborough, NN9 5DW, a Leasehold flat which sold for £116,000 in Apr 2024.
Read more about house prices in NN9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Wells, Finedon, Wellingborough, NN9 has a total of 22 addresses. According to our analysis of all the public data, 18, The Wells, Wellingborough is the 11th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £143k less expensive than the average property in NN9.
The closest station to 18, The Wells, Wellingborough is Wellingborough station which is 4.2 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 18, The Wells, Wellingborough, 31.9% of property is privately owned with a mortgage and 28.9% is socially 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 18, The Wells, Wellingborough, 14.4% of residents are recorded as possessing school level qualifications and 23.9% 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 18, The Wells, Wellingborough, the average age was 44.7 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 18, The Wells, Wellingborough, 1.1% 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 18, The Wells, Wellingborough, there are an average of 1.2 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.