According to the public record, 2, Green Lane, Kettering is a modern leasehold apartment with 1,022 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Green Lane, Kettering, NN16 is located within the NN16 postal district.
2, Green Lane, Kettering has a single entry in the Land Registry database from March 2015 and a single entry in the EPC database dated October 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 reasonable condition, we estimate the current sale value for 2 Green Lane Kettering as £140,206 and the rental value as £700 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 2 Green Lane Kettering has decreased by £437 (0.3%) and its rental value has increased by £34 per month (4.8%).
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 2, Green Lane, Kettering is in very good condition we estimate a sale value of £147,216 and rental value of £735 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £130,391 and a rental value of £651 per month.
If you were able to purchase this property for the estimated value of £140,206, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £689 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, 2, Green Lane, Kettering was last sold on 25 Mar 2015 for £70,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Mar 2015, the market for similar properties has risen 32.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Green Lane, Kettering within a radius of 430 metres over the last 2 years.
The most recent example is Flat 11, Crown Apartments, Dryland Street, Kettering, NN16 0BE, a Leasehold flat which sold for £147,500 in Jul 2022.
Read more about house prices in NN16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Green Lane, Kettering, NN16 has a total of 51 addresses. According to our analysis of all the public data, 2, Green Lane, Kettering is the 19th largest and the 39th most expensive property on the street.
When compared to the postcode district it is £57k less expensive than the average property in NN16.
2, Green Lane, Kettering has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 06 Oct 2022.
The property is not connected to mains gas and has single glazed windows. It is heated using Room heaters, electric.
The closest station to 2, Green Lane, Kettering is Kettering station which is 800 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 2, Green Lane, Kettering, 30.9% of property is privately rented and 26.1% 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 2, Green Lane, Kettering, 12.4% of residents are recorded as possessing school level qualifications and 34.8% 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 2, Green Lane, Kettering, the average age was 34.7 and the most common age was 27.
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 2, Green Lane, Kettering, 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 2, Green Lane, Kettering, 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.