According to the public record, 2, Shortland Road, Kettering is a modern leasehold apartment with 645 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Shortland Road, Kettering, NN15 is located within the NN15 postal district.
2, Shortland Road, Kettering has a single entry in the Land Registry database from November 2017 and a single entry in the EPC database dated December 2017.
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 Shortland Road Kettering as £150,629 and the rental value as £792 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of 2 Shortland Road Kettering has decreased by £857 (0.6%) and its rental value has increased by £36 per month (4.5%).
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, Shortland Road, Kettering is in very good condition we estimate a sale value of £158,160 and rental value of £832 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £140,085 and a rental value of £737 per month.
If you were able to purchase this property for the estimated value of £150,629, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £740 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, Shortland Road, Kettering was last sold on 14 Nov 2017 for £142,995 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Nov 2017, the market for similar properties has risen 11.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Shortland Road, Kettering within a radius of 970 metres over the last 2 years.
The most recent example is 32, Shortland Road, Kettering, NN15 7EW, a Leasehold flat which sold for £165,000 in Jul 2022.
Read more about house prices in NN15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Shortland Road, Kettering, NN15 has a total of 21 addresses. According to our analysis of all the public data, 2, Shortland Road, Kettering is the 18th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £126k less expensive than the average property in NN15.
2, Shortland Road, Kettering has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 04 Dec 2017.
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 2, Shortland Road, Kettering is Kettering station which is 1.1 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, Shortland Road, Kettering, 37.8% of property is privately rented and 25.9% is privately owned outright.
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, Shortland Road, Kettering, 21.3% of residents are recorded as possessing school level qualifications and 37.9% 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 2, Shortland Road, Kettering, the average age was 40.3 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, Shortland Road, Kettering, 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 2, Shortland Road, Kettering, there are an average of 1.5 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.