According to the public record, 62, The Banks, Wellingborough is a mid-century freehold house with 893 ft2 of internal area and sits on a 153 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
The Banks, Wellingborough, NN9 is located within the NN9 postal district.
62, The Banks, Wellingborough has 41 entries in the Land Registry database, most recently in April 2024 and a single entry in the EPC database dated August 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 reasonable condition, we estimate the current sale value for 62 The Banks Wellingborough as £242,807 and the rental value as £1,128 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 62 The Banks Wellingborough has decreased by £362 (0.1%) and its rental value has increased by £76 per month (6.7%).
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 62, The Banks, Wellingborough is in very good condition we estimate a sale value of £254,947 and rental value of £1,185 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £225,810 and a rental value of £1,049 per month.
If you were able to purchase this property for the estimated value of £242,807, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,193 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, 62, The Banks, Wellingborough sits on a plot of 153m2.
We have plot size data on 30 out of 54 other houses in the postcode and 62, The Banks, Wellingborough sits on the 30th largest plot.
According to HM Land Registry, 62, The Banks, Wellingborough was last sold on 18 Apr 2024 for £222,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since Apr 2024, the market for similar properties has dropped 0.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 62, The Banks, Wellingborough within a radius of 860 metres over the last 2 years.
The most recent example is 56, The Banks, Wellingborough, NN9 5YX, a Freehold house which sold for £256,500 in Sep 2023.
Read more about house prices in NN9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Banks, Wellingborough, NN9 has a total of 65 addresses. According to our analysis of all the public data, 62, The Banks, Wellingborough is the 20th largest and the 29th most expensive property on the street.
When compared to the postcode district it is £20k less expensive than the average property in NN9.
62, The Banks, Wellingborough has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 27 Aug 2022.
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 62, The Banks, Wellingborough is Wellingborough station which is 2.5 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 62, The Banks, Wellingborough, 45.6% of property is privately owned with a mortgage and 44.0% 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 62, The Banks, Wellingborough, 17.0% of residents are recorded as possessing school level qualifications and 31.7% 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 62, The Banks, Wellingborough, the average age was 38.4 and the most common age was 12.
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 62, The Banks, 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 62, The Banks, Wellingborough, there are an average of 1.7 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.