According to the public record, Flat 11, 183, Midland Road, Wellingborough is a modern leasehold apartment with 710 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 183, Midland Road, Wellingborough, NN8.
Midland Road, Wellingborough, NN8 is located within the NN8 postal district.
Flat 11, 183, Midland Road, Wellingborough has 2 entries in the Land Registry database, most recently in October 2020 and a single entry in the EPC database dated September 2020.
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 Flat 11 183 Midland Road Wellingborough as £191,595 and the rental value as £901 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of Flat 11 183 Midland Road Wellingborough has decreased by £1,066 (0.6%) and its rental value has increased by £57 per month (6.4%).
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 Flat 11, 183, Midland Road, Wellingborough is in very good condition we estimate a sale value of £201,175 and rental value of £946 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £178,184 and a rental value of £838 per month.
If you were able to purchase this property for the estimated value of £191,595, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £942 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, Flat 11, 183, Midland Road, Wellingborough was last sold on 21 Oct 2020 for £155,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Oct 2020, the market for similar properties has risen 9.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 11, 183, Midland Road, Wellingborough within a radius of 440 metres over the last 2 years.
The most recent example is Flat 9, The Pines 157A, Midland Road, Wellingborough, NN8 1NF, a Leasehold flat which sold for £195,000 in Nov 2022.
Read more about house prices in NN8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Midland Road, Wellingborough, NN8 has a total of 253 addresses. According to our analysis of all the public data, Flat 11, 183, Midland Road, Wellingborough is the 123rd largest and the 108th most expensive property on the street.
When compared to the postcode district it is £48k less expensive than the average property in NN8.
Flat 11, 183, Midland Road, Wellingborough has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Sep 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using elecric underfloor heating.
The closest station to Flat 11, 183, Midland Road, Wellingborough is Wellingborough station which is 300 metres 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 Flat 11, 183, Midland Road, Wellingborough, 42.5% of property is privately rented and 31.3% 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 Flat 11, 183, Midland Road, Wellingborough, 15.9% of residents are recorded as possessing school level qualifications and 28.4% 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 Flat 11, 183, Midland Road, Wellingborough, the average age was 35.9 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 Flat 11, 183, Midland 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 Flat 11, 183, Midland Road, Wellingborough, there are an average of 1.2 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.