According to the public record, 22C, Park Road, Wellingborough is a modern leasehold apartment with 966 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in 22, Park Road, Wellingborough, NN8.
Park Road, Wellingborough, NN8 is located within the NN8 postal district.
22C, Park Road, Wellingborough has 3 entries in the Land Registry database, most recently in July 2019 and a single entry in the EPC database dated December 2010.
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 22C Park Road Wellingborough as £152,432 and the rental value as £823 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of 22C Park Road Wellingborough has decreased by £987 (0.6%) and its rental value has increased by £52 per month (6.3%).
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 22C, Park Road, Wellingborough is in very good condition we estimate a sale value of £160,053 and rental value of £864 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £141,761 and a rental value of £766 per month.
If you were able to purchase this property for the estimated value of £152,432, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £749 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, 22C, Park Road, Wellingborough was last sold on 19 Jul 2019 for £142,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Jul 2019, the market for similar properties has risen 8.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 22C, Park Road, Wellingborough within a radius of 400 metres over the last 2 years.
The most recent example is 30, Park Road, Wellingborough, NN8 4PW, a Leasehold flat which sold for £80,000 in Dec 2020.
Read more about house prices in NN8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Park Road, Wellingborough, NN8 has a total of 110 addresses. According to our analysis of all the public data, 22C, Park Road, Wellingborough is the 37th largest and the 48th most expensive property on the street.
When compared to the postcode district it is £87k less expensive than the average property in NN8.
22C, Park Road, Wellingborough has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 15 Dec 2010.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 22C, Park Road, Wellingborough is Wellingborough station which is 1.1 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 22C, Park Road, Wellingborough, 47.5% of property is privately rented and 19.7% 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 22C, Park Road, Wellingborough, 15.1% of residents are recorded as possessing school level qualifications and 31.8% 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 22C, Park Road, Wellingborough, the average age was 40.8 and the most common age was 32.
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 22C, Park Road, 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 22C, Park Road, Wellingborough, there are an average of 0.9 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.