According to the public record, 85, Romeo Way, Wellingborough is a modern freehold house with 828 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Romeo Way, Wellingborough, NN8 is located within the NN8 postal district.
85, Romeo Way, Wellingborough has a single entry in the Land Registry database from February 2023 and a single entry in the EPC database dated February 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 85 Romeo Way Wellingborough as £279,672 and the rental value as £1,175 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of 85 Romeo Way Wellingborough has decreased by £792 (0.3%) and its rental value has increased by £79 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 85, Romeo Way, Wellingborough is in very good condition we estimate a sale value of £293,656 and rental value of £1,234 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £260,095 and a rental value of £1,093 per month.
If you were able to purchase this property for the estimated value of £279,672, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,375 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, 85, Romeo Way, Wellingborough was last sold on 24 Feb 2023 for £286,995 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Feb 2023, the market for similar properties has dropped 3.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 85, Romeo Way, Wellingborough within a radius of 940 metres over the last 2 years.
The most recent example is 31, Juliet Rise, Wellingborough, NN8 3AY, a Freehold house which sold for £271,995 in Jan 2023.
Read more about house prices in NN8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Romeo Way, Wellingborough, NN8 has a total of 41 addresses. According to our analysis of all the public data, 85, Romeo Way, Wellingborough is the 35th largest and the 35th most expensive property on the street.
When compared to the postcode district it is £40k more expensive than the average property in NN8.
85, Romeo Way, Wellingborough has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 08 Feb 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 85, Romeo Way, Wellingborough is Wellingborough station which is 3.8 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 85, Romeo Way, Wellingborough, 58.9% of property is privately owned outright and 33.3% 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 85, Romeo Way, Wellingborough, 13.1% of residents are recorded as possessing school level qualifications and 36.5% 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 85, Romeo Way, Wellingborough, the average age was 43.9 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 85, Romeo Way, Wellingborough, 2.0% 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 85, Romeo Way, 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.