According to the public record, 98, Lea Way, Wellingborough is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 597 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Lea Way, Wellingborough, NN8 is located within the NN8 postal district.
98, Lea Way, Wellingborough has a single entry in the Land Registry database from June 2007 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 98 Lea Way Wellingborough as £117,875 and the rental value as £695 per month giving an expected gross yield of 7.1%.
Over the last 12 months the sale value of 98 Lea Way Wellingborough has decreased by £108 (0.1%) and its rental value has increased by £48 per month (6.9%).
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 98, Lea Way, Wellingborough is in very good condition we estimate a sale value of £123,768 and rental value of £730 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £109,623 and a rental value of £646 per month.
If you were able to purchase this property for the estimated value of £117,875, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £579 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, 98, Lea Way, Wellingborough was last sold on 22 Jun 2007 for £88,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jun 2007, the market for similar properties has risen 33.7%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 98, Lea Way, Wellingborough within a radius of 510 metres over the last 2 years.
The most recent example is Flat 12, 72, Lea Way, Wellingborough, NN8 3GR, a Leasehold flat which sold for £314,184 in Nov 2011.
Read more about house prices in NN8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lea Way, Wellingborough, NN8 has a total of 118 addresses. According to our analysis of all the public data, 98, Lea Way, Wellingborough is the 92nd largest and the 110th most expensive property on the street.
When compared to the postcode district it is £122k less expensive than the average property in NN8.
The closest station to 98, Lea Way, Wellingborough is Wellingborough station which is 2.7 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 98, Lea Way, Wellingborough, 38.1% of property is socially rented and 33.6% 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 98, Lea Way, Wellingborough, 18.3% of residents are recorded as possessing school level qualifications and 16.9% 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 98, Lea Way, Wellingborough, the average age was 41.2 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 98, 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 98, Lea Way, Wellingborough, there are an average of 1.1 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.