According to the public record, 8, Grove Place, Wellingborough is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 1,660 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Grove Place, Raunds, Wellingborough, NN9 is located within the NN9 postal district.
8, Grove Place, Wellingborough has 21 entries in the Land Registry database, most recently in November 2018 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 8 Grove Place Wellingborough as £273,622 and the rental value as £1,300 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of 8 Grove Place Wellingborough has decreased by £2,838 (1.0%) and its rental value has increased by £60 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 8, Grove Place, Wellingborough is in very good condition we estimate a sale value of £287,303 and rental value of £1,365 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £254,469 and a rental value of £1,209 per month.
If you were able to purchase this property for the estimated value of £273,622, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,345 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, 8, Grove Place, Wellingborough was last sold on 02 Nov 2018 for £373,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Nov 2018, the market for similar properties has risen 19.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Grove Place, Wellingborough within a radius of 590 metres over the last 2 years.
The most recent example is 7, Clare Street, Wellingborough, NN9 6NQ, a Freehold house which sold for £325,000 in Oct 2022.
Read more about house prices in NN9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Grove Place, Raunds, Wellingborough, NN9 has a total of 7 addresses. According to our analysis of all the public data, 8, Grove Place, Wellingborough is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £11k more expensive than the average property in NN9.
The closest station to 8, Grove Place, Wellingborough is Wellingborough station which is 10.1 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 8, Grove Place, Wellingborough, 50.8% of property is privately owned outright and 41.8% 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 8, Grove Place, Wellingborough, 13.8% of residents are recorded as possessing school level qualifications and 29.7% 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 8, Grove Place, Wellingborough, the average age was 41.9 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 8, Grove Place, Wellingborough, 1.7% 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 8, Grove Place, 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.