According to the public record, 42, Ferrestone Road, Wellingborough is a period freehold house with 990 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Ferrestone Road, Wellingborough, NN8 is located within the NN8 postal district.
42, Ferrestone Road, Wellingborough has a single entry in the Land Registry database from March 2024 and a single entry in the EPC database dated August 2023.
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 42 Ferrestone Road Wellingborough as £187,172 and the rental value as £932 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 42 Ferrestone Road Wellingborough has decreased by £55 (0.0%) and its rental value has increased by £65 per month (7.0%).
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 42, Ferrestone Road, Wellingborough is in very good condition we estimate a sale value of £196,530 and rental value of £978 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £174,070 and a rental value of £866 per month.
If you were able to purchase this property for the estimated value of £187,172, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £920 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, 42, Ferrestone Road, Wellingborough was last sold on 08 Mar 2024 for £153,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Mar 2024, the market for similar properties has risen 0.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 42, Ferrestone Road, Wellingborough within a radius of 480 metres over the last 2 years.
The most recent example is 21, Ferrestone Road, Wellingborough, NN8 4EJ, a Freehold house which sold for £180,000 in May 2024.
Read more about house prices in NN8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ferrestone Road, Wellingborough, NN8 has a total of 59 addresses. According to our analysis of all the public data, 42, Ferrestone Road, Wellingborough is the 31st largest and the 20th most expensive property on the street.
When compared to the postcode district it is £53k less expensive than the average property in NN8.
42, Ferrestone Road, Wellingborough has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 15 Aug 2023.
The property is connected to mains gas and has partial double glazing. It is heated using room heaters.
The closest station to 42, Ferrestone Road, Wellingborough is Wellingborough 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 42, Ferrestone Road, Wellingborough, 38.5% of property is privately rented and 35.6% 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 42, Ferrestone Road, Wellingborough, 17.1% of residents are recorded as possessing school level qualifications and 29.3% 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 42, Ferrestone Road, 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 42, Ferrestone Road, Wellingborough, 0.9% 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 42, Ferrestone Road, Wellingborough, 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.