According to the public record, 3 Spencer Court, Rushden is a modern leasehold apartment with 387 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Spencer Court, Station Road, Rushden, NN10.
Station Road, Rushden, NN10 is located within the NN10 postal district.
3 Spencer Court, Rushden has 3 entries in the Land Registry database, most recently in October 2020 and a single entry in the EPC database dated May 2020.
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 3 Spencer Court Rushden as £76,405 and the rental value as £477 per month giving an expected gross yield of 7.5%.
Over the last 12 months the sale value of 3 Spencer Court Rushden has increased by £49 (0.1%) and its rental value has increased by £27 per month (5.7%).
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 3 Spencer Court, Rushden is in very good condition we estimate a sale value of £80,225 and rental value of £501 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £71,057 and a rental value of £443 per month.
If you were able to purchase this property for the estimated value of £76,405, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £376 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, 3 Spencer Court, Rushden was last sold on 07 Oct 2020 for £72,500 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Oct 2020, the market for similar properties has risen 9.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3 Spencer Court, Rushden within a radius of 470 metres over the last 2 years.
The most recent example is 2 Spencer Court, Station Road, Rushden, NN10 9TJ, a Leasehold flat which sold for £80,000 in Jun 2023.
Read more about house prices in NN10.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Station Road, Rushden, NN10 has a total of 112 addresses. According to our analysis of all the public data, 3 Spencer Court, Rushden is the 100th largest and the 100th most expensive property on the street.
When compared to the postcode district it is £179k less expensive than the average property in NN10.
3 Spencer Court, Rushden has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 30 May 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to 3 Spencer Court, Rushden is Wellingborough station which is 5.2 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 3 Spencer Court, Rushden, 42.6% of property is privately rented and 25.5% 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 3 Spencer Court, Rushden, 18.3% of residents are recorded as possessing school level qualifications and 18.5% 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 3 Spencer Court, Rushden, the average age was 39.7 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 3 Spencer Court, Rushden, 1.3% 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 3 Spencer Court, Rushden, there are an average of 1.1 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.