2, Salem Lane
2, Salem Lane
Description & Estimates
According to the public record, 2, Salem Lane, Wellingborough is a mid-century apartment with 538 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Salem Lane, Wellingborough is £104,507 and the estimated rental value is £637 per month.
Salem Lane, Wellingborough, NN8 is located within the NN8 postal district.
Our Data Sources
2, Salem Lane, Wellingborough has no records in the the Land Registry and a single entry in the EPC database dated May 2024.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
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 2, Salem Lane, Wellingborough is in very good condition we estimate a sale value of £109,733 and a rental value of £669 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £97,192 and a rental value of £592 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 2, Salem Lane, Wellingborough has decreased by £1,074 (1.0%), while its estimated rental value has grown by £10 per month (1.5%). Based on current estimates, the property offers a gross rental yield of 7.3%.
Energy Efficiency
2, Salem Lane, Wellingborough has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 May 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Salem Lane, Wellingborough within a radius of 430 metres over the last 2 years.
The most recent example is Flat 2, 8, Tithe Barn Road, Wellingborough, NN8 1GB, a leasehold flat which sold for £93,000 on the 20th December 2023.
Read more about house prices in NN8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Salem Lane, Wellingborough, NN8 has a total of 16 addresses. According to our analysis of all the public data, 2, Salem Lane, Wellingborough is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £130k less expensive than the average property in NN8.
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Schools Nearby
- 300mThe Avenue Infant School
- 300mPark Junior School, Wellingborough
- 600mSt Barnabas Church of England School
- 600mSir Christopher Hatton Academy
- 900mWrenn School
- 1.2kmWeavers Academy
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Public Transport Nearby
The closest station to 2, Salem Lane, Wellingborough is Wellingborough station, which is 1.3 kilometres away.
- 1.3kmWellingborough
- 10.3kmKettering
- 16.2kmNorthampton
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
