According to the public record, Flat 4, Cromer Court 2, Wellingborough is a modern leasehold apartment with 430 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Cromer Court, Cromer Road, Finedon, Wellingborough, NN9.
Cromer Road, Finedon, Wellingborough, NN9 is located within the NN9 postal district.
Flat 4, Cromer Court 2, Wellingborough has 2 entries in the Land Registry database, most recently in April 2017 and a single entry in the EPC database dated August 2021.
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 4 Cromer Court 2 Wellingborough as £112,235 and the rental value as £598 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of Flat 4 Cromer Court 2 Wellingborough has decreased by £1,310 (1.2%) and its rental value has increased by £28 per month (4.6%).
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 4, Cromer Court 2, Wellingborough is in very good condition we estimate a sale value of £117,847 and rental value of £628 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £104,379 and a rental value of £556 per month.
If you were able to purchase this property for the estimated value of £112,235, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £552 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 4, Cromer Court 2, Wellingborough was last sold on 21 Apr 2017 for £91,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Apr 2017, the market for similar properties has risen 18.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 4, Cromer Court 2, Wellingborough within a radius of 870 metres over the last 2 years.
The most recent example is Flat 3, Cromer Court 2, Cromer Road, Wellingborough, NN9 5WA, a Leasehold flat which sold for £95,000 in Dec 2020.
Read more about house prices in NN9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cromer Road, Finedon, Wellingborough, NN9 has a total of 76 addresses. According to our analysis of all the public data, Flat 4, Cromer Court 2, Wellingborough is the 73rd largest and the 73rd most expensive property on the street.
When compared to the postcode district it is £151k less expensive than the average property in NN9.
Flat 4, Cromer Court 2, Wellingborough has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 12 Aug 2021.
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 Flat 4, Cromer Court 2, Wellingborough is Wellingborough station which is 3.9 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 Flat 4, Cromer Court 2, Wellingborough, 30.7% of property is privately owned outright and 25.3% is privately 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 4, Cromer Court 2, Wellingborough, 19.4% of residents are recorded as possessing school level qualifications and 19.2% 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 4, Cromer Court 2, Wellingborough, the average age was 44.7 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 Flat 4, Cromer Court 2, 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 4, Cromer Court 2, 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.