According to the public record, 5 Court Mews, Wellingborough is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 781 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Court Mews, Irthlingborough Road, Wellingborough, NN8.
Irthlingborough Road, Wellingborough, NN8 is located within the NN8 postal district.
5 Court Mews, Wellingborough has 41 entries in the Land Registry database, most recently in April 2015 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 5 Court Mews Wellingborough as £154,367 and the rental value as £772 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 5 Court Mews Wellingborough has increased by £213 (0.1%) and its rental value has increased by £55 per month (7.1%).
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 5 Court Mews, Wellingborough is in very good condition we estimate a sale value of £162,085 and rental value of £810 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £143,561 and a rental value of £718 per month.
If you were able to purchase this property for the estimated value of £154,367, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £759 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, 5 Court Mews, Wellingborough was last sold on 17 Apr 2015 for £146,950 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Apr 2015, the market for similar properties has risen 44.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5 Court Mews, Wellingborough within a radius of 600 metres over the last 2 years.
The most recent example is 23 Court Mews, Irthlingborough Road, Wellingborough, NN8 1PG, a Leasehold flat which sold for £182,000 in Dec 2021.
Read more about house prices in NN8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Irthlingborough Road, Wellingborough, NN8 has a total of 161 addresses. According to our analysis of all the public data, 5 Court Mews, Wellingborough is the 53rd largest and the 110th most expensive property on the street.
When compared to the postcode district it is £85k less expensive than the average property in NN8.
The closest station to 5 Court Mews, Wellingborough is Wellingborough 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 5 Court Mews, Wellingborough, 61.6% of property is privately rented and 14.3% 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 5 Court Mews, Wellingborough, 12.6% of residents are recorded as possessing school level qualifications and 31.6% 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 5 Court Mews, Wellingborough, the average age was 35.9 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 5 Court Mews, Wellingborough, 0.5% 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 5 Court Mews, Wellingborough, 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.