According to the public record, Flat 55, The Cloisters, Wellingborough is a modern leasehold apartment with 688 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in The Cloisters, Irthlingborough Road, Wellingborough, NN8.
Irthlingborough Road, Wellingborough, NN8 is located within the NN8 postal district.
Flat 55, The Cloisters, Wellingborough has 61 entries in the Land Registry database, most recently in October 2021 and a single entry in the EPC database dated August 2016.
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 55 The Cloisters Wellingborough as £146,468 and the rental value as £752 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of Flat 55 The Cloisters Wellingborough has increased by £202 (0.1%) and its rental value has increased by £54 per month (7.1%).
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 55, The Cloisters, Wellingborough is in very good condition we estimate a sale value of £153,792 and rental value of £790 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £136,216 and a rental value of £700 per month.
If you were able to purchase this property for the estimated value of £146,468, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £720 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 55, The Cloisters, Wellingborough was last sold on 07 Oct 2021 for £148,000 and was recorded as a leasehold flat.
The property has had 6 sales since 1995.
Since Oct 2021, the market for similar properties has risen 4.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 55, The Cloisters, Wellingborough within a radius of 620 metres over the last 2 years.
The most recent example is Flat 52, The Cloisters, Irthlingborough Road, Wellingborough, NN8 1PG, a Leasehold flat which sold for £130,000 in Dec 2021.
Read more about house prices in NN8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Irthlingborough Road, Wellingborough, NN8 has a total of 161 addresses. According to our analysis of all the public data, Flat 55, The Cloisters, Wellingborough is the 78th largest and the 121st most expensive property on the street.
When compared to the postcode district it is £93k less expensive than the average property in NN8.
Flat 55, The Cloisters, Wellingborough has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 11 Aug 2016.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to Flat 55, The Cloisters, Wellingborough is Wellingborough station which is 800 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 55, The Cloisters, Wellingborough, 61.6% of property is privately rented and 14.3% 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 55, The Cloisters, Wellingborough, 12.6% of residents are recorded as possessing school level qualifications and 31.6% 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 55, The Cloisters, 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 55, The Cloisters, Wellingborough, 0.5% 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 55, The Cloisters, Wellingborough, there are an average of 1.0 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.