According to the public record, 5, Stringer Close, Wellingborough is a modern leasehold apartment with 753 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Stringer Close, Raunds, Wellingborough, NN9 is located within the NN9 postal district.
5, Stringer Close, Wellingborough has a single entry in the Land Registry database from September 2022 and a single entry in the EPC database dated June 2022.
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 good condition, we estimate the current sale value for 5 Stringer Close Wellingborough as £141,702 and the rental value as £716 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of 5 Stringer Close Wellingborough has decreased by £1,574 (1.1%) and its rental value has increased by £33 per month (4.6%).
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, Stringer Close, Wellingborough is in very good condition we estimate a sale value of £148,787 and rental value of £752 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £131,783 and a rental value of £666 per month.
If you were able to purchase this property for the estimated value of £141,702, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £696 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, Stringer Close, Wellingborough was last sold on 06 Sep 2022 for £148,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Sep 2022, the market for similar properties has dropped 4.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Stringer Close, Wellingborough within a radius of 880 metres over the last 2 years.
The most recent example is 76B, High Street, Wellingborough, NN9 6HT, a Leasehold flat which sold for £168,000 in Nov 2022.
Read more about house prices in NN9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Stringer Close, Raunds, Wellingborough, NN9 has a total of 14 addresses. According to our analysis of all the public data, 5, Stringer Close, Wellingborough is the 6th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £121k less expensive than the average property in NN9.
5, Stringer Close, Wellingborough has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 13 Jun 2022.
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 5, Stringer Close, Wellingborough is Wellingborough station which is 11.2 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 5, Stringer Close, Wellingborough, % of property is and % is .
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, Stringer Close, Wellingborough, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
The graph below shows how this compares to Greater London 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, Stringer Close, Wellingborough, 0.0% of property was a second home.
Comparison figures for This region 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, Stringer Close, Wellingborough, there are an average of 0.0 cars per household.
See below for how this compares to This region and the rest of England & Wales.