According to the public record, 2, Park Mews, Wellingborough is a modern freehold house with 1,119 ft2 of internal area and sits on a 306 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Park Mews, Wellingborough, NN8 is located within the NN8 postal district.
2, Park Mews, Wellingborough has 41 entries in the Land Registry database, most recently in May 2023 and a single entry in the EPC database dated September 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 Park Mews Wellingborough as £316,382 and the rental value as £1,298 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of 2 Park Mews Wellingborough has decreased by £583 (0.2%) and its rental value has increased by £88 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 2, Park Mews, Wellingborough is in very good condition we estimate a sale value of £332,201 and rental value of £1,363 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £294,235 and a rental value of £1,207 per month.
If you were able to purchase this property for the estimated value of £316,382, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,555 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, 2, Park Mews, Wellingborough sits on a plot of 306m2.
We have plot size data on 18 out of 19 other houses in the postcode and 2, Park Mews, Wellingborough sits on the 3rd largest plot.
According to HM Land Registry, 2, Park Mews, Wellingborough was last sold on 24 May 2023 for £340,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since May 2023, the market for similar properties has dropped 1.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Park Mews, Wellingborough within a radius of 430 metres over the last 2 years.
The most recent example is 19, The Pyghtle, Wellingborough, NN8 4RP, a Freehold house which sold for £315,000 in Jan 2023.
Read more about house prices in NN8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Park Mews, Wellingborough, NN8 has a total of 19 addresses. According to our analysis of all the public data, 2, Park Mews, Wellingborough is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £77k more expensive than the average property in NN8.
2, Park Mews, Wellingborough has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Sep 2022.
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 2, Park Mews, Wellingborough is Wellingborough station which is 1.2 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 2, Park Mews, Wellingborough, 40.3% of property is privately rented and 19.5% 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, Park Mews, Wellingborough, 17.7% of residents are recorded as possessing school level qualifications and 20.7% 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, Park Mews, 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 2, Park Mews, Wellingborough, 0.0% 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, Park Mews, Wellingborough, there are an average of 0.9 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.