According to the public record, Flat 5, Laws Lane, Wellingborough is a period leasehold apartment with 602 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Laws Lane, Finedon, Wellingborough, NN9 is located within the NN9 postal district.
Flat 5, Laws Lane, Wellingborough has 61 entries in the Land Registry database, most recently in September 2016 and a single entry in the EPC database dated September 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 Flat 5 Laws Lane Wellingborough as £199,795 and the rental value as £969 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of Flat 5 Laws Lane Wellingborough has decreased by £2,777 (1.4%) and its rental value has increased by £43 per month (4.4%).
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 Flat 5, Laws Lane, Wellingborough is in very good condition we estimate a sale value of £209,785 and rental value of £1,017 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £185,810 and a rental value of £901 per month.
If you were able to purchase this property for the estimated value of £199,795, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £982 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, Flat 5, Laws Lane, Wellingborough was last sold on 12 Sep 2016 for £127,500 and was recorded as a leasehold flat.
The property has had 6 sales since 1995.
Since Sep 2016, the market for similar properties has risen 25.5%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to Flat 5, Laws Lane, Wellingborough within a radius of 880 metres over the last 2 years.
The most recent example is Flat 3, Laws Lane, Wellingborough, NN9 5LU, a Leasehold flat which sold for £222,000 in Jun 2021.
Read more about house prices in NN9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Laws Lane, Finedon, Wellingborough, NN9 has a total of 10 addresses. According to our analysis of all the public data, Flat 5, Laws Lane, Wellingborough is the 10th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £63k less expensive than the average property in NN9.
Flat 5, Laws Lane, Wellingborough has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 29 Sep 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to Flat 5, Laws Lane, Wellingborough is Wellingborough station which is 4.0 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 Flat 5, Laws Lane, Wellingborough, 40.2% of property is privately owned outright and 25.0% 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 Flat 5, Laws Lane, Wellingborough, 12.5% of residents are recorded as possessing school level qualifications and 35.8% 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 Flat 5, Laws Lane, Wellingborough, the average age was 44.7 and the most common age was 52.
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 Flat 5, Laws Lane, Wellingborough, 3.6% 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 Flat 5, Laws Lane, Wellingborough, there are an average of 1.4 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.