According to the public record, 56, John Lea Way, Wellingborough is a modern freehold house with 839 ft2 of internal area and sits on a 208 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
John Lea Way, Wellingborough, NN8 is located within the NN8 postal district.
56, John Lea Way, Wellingborough has 2 entries in the Land Registry database, most recently in July 2017 and a single entry in the EPC database dated May 2024.
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 56 John Lea Way Wellingborough as £252,361 and the rental value as £1,118 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of 56 John Lea Way Wellingborough has decreased by £356 (0.1%) and its rental value has increased by £76 per month (6.8%).
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 56, John Lea Way, Wellingborough is in very good condition we estimate a sale value of £264,979 and rental value of £1,174 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £234,696 and a rental value of £1,040 per month.
If you were able to purchase this property for the estimated value of £252,361, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,240 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 data from HM Land Registry, 56, John Lea Way, Wellingborough sits on a plot of 208m2.
We have plot size data on 49 out of 57 other houses in the postcode and 56, John Lea Way, Wellingborough sits on the 25th largest plot.
According to HM Land Registry, 56, John Lea Way, Wellingborough was last sold on 28 Jul 2017 for £200,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jul 2017, the market for similar properties has risen 22.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 56, John Lea Way, Wellingborough within a radius of 860 metres over the last 2 years.
The most recent example is 41, John Lea Way, Wellingborough, NN8 2QA, a Freehold house which sold for £225,000 in Nov 2023.
Read more about house prices in NN8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
John Lea Way, Wellingborough, NN8 has a total of 59 addresses. According to our analysis of all the public data, 56, John Lea Way, Wellingborough is the 51st largest and the 51st most expensive property on the street.
When compared to the postcode district it is £13k more expensive than the average property in NN8.
56, John Lea Way, Wellingborough has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 16 May 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 56, John Lea Way, Wellingborough is Wellingborough station which is 2.2 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 56, John Lea Way, Wellingborough, 42.9% of property is privately owned with a mortgage and 27.1% is privately rented.
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 56, John Lea Way, Wellingborough, 22.8% of residents are recorded as possessing school level qualifications and 30.9% 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 56, John Lea Way, Wellingborough, the average age was 36.8 and the most common age was 7.
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 56, John Lea Way, Wellingborough, 0.0% 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 56, John Lea Way, Wellingborough, there are an average of 1.6 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.