According to the public record, Flat 21, Gharana Nivas, Wellingborough is a modern apartment with 430 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Gharana Nivas, Albert Road, Wellingborough, NN8.
Albert Road, Wellingborough, NN8 is located within the NN8 postal district.
Flat 21, Gharana Nivas, Wellingborough has no records in the Land Registry database and a single entry in the EPC database dated November 2021.
We combine this information with public data 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 21 Gharana Nivas Wellingborough as £81,010 and the rental value as £501 per month giving an expected gross yield of 7.4%.
Over the last 12 months the sale value of Flat 21 Gharana Nivas Wellingborough has increased by £226 (0.3%) and its rental value has increased by £36 per month (7.3%).
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 Flat 21, Gharana Nivas, Wellingborough is in very good condition we estimate a sale value of £85,061 and rental value of £526 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £75,339 and a rental value of £466 per month.
If you were able to purchase this property for the estimated value of £81,010, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £398 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 the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to Flat 21, Gharana Nivas, Wellingborough within a radius of 370 metres over the last 2 years.
The most recent example is 70A, Knox Road, Wellingborough, NN8 1JA, a Leasehold flat which sold for £83,000 in Jun 2012.
Read more about house prices in NN8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Albert Road, Wellingborough, NN8 has a total of 183 addresses. According to our analysis of all the public data, Flat 21, Gharana Nivas, Wellingborough is the 160th largest and the 164th most expensive property on the street.
When compared to the postcode district it is £159k less expensive than the average property in NN8.
Flat 21, Gharana Nivas, Wellingborough has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 03 Nov 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using a community scheme.
The closest station to Flat 21, Gharana Nivas, Wellingborough is Wellingborough station which is 500 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 21, Gharana Nivas, Wellingborough, 37.5% of property is privately rented and 32.7% is socially rented.
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 21, Gharana Nivas, Wellingborough, 15.1% of residents are recorded as possessing school level qualifications and 21.2% 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 21, Gharana Nivas, 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 21, Gharana Nivas, 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 21, Gharana Nivas, 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.