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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, Second Lane, Northampton is £137,943 and the estimated rental value is £709 per month.
Second Lane, Northampton, NN5 is located within the NN5 postal district.
2, Second Lane, Northampton has 21 entries in the Land Registry , most recently in June 2017 and a single entry in the EPC database dated April 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
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, Second Lane, Northampton is in very good condition we estimate a sale value of £144,840 and a rental value of £745 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £128,287 and a rental value of £660 per month.
Over the last 12 months the sale value of 2 Second Lane Northampton has increased by an estimated £583 (0.4%) and its rental value has increased by an estimated £15 per month (2.0%), giving an expected gross yield of 6.2%.
2, Second Lane, Northampton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 14 Apr 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Second Lane, Northampton was last sold on 9th June 2017 for £121,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since June 2017, the market for similar properties has dropped 2.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Second Lane, Northampton within a radius of 530 metres over the last 2 years.
The most recent example is 146, Weedon Road, Northampton, NN5 5BF, a leasehold flat which sold for £127,000 on the 24th April 2023.
Read more about house prices in NN5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Second Lane, Northampton, NN5 has a total of 22 addresses. According to our analysis of all the public data, 2, Second Lane, Northampton is the 22nd largest and the 22nd most expensive property on the street.
When compared to the postcode district it is £119k less expensive than the average property in NN5.
The closest station to 2, Second Lane, Northampton is Northampton station which is 1.1 kilometres away.
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.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 2, Second Lane, Northampton, 51.7% of property is privately rented and 26.4% is privately owned with a mortgage.
The graph below shows how this compares to East Midlands 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 2, Second Lane, Northampton, 19.5% of residents are recorded as possessing school level qualifications and 35.0% as possessing degree level qualifications.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 2, Second Lane, Northampton, the average age was 38.6 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 2, Second Lane, Northampton, 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 2, Second Lane, Northampton, there are an average of 1.1 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.