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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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254, Mill Road, Wellingborough is recorded publicly as a period Leasehold apartment across 538 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 254, Mill Road, Wellingborough is £131,121 and its rental estimate is £733 per month, given the available information and assuming reasonable condition.
254, Mill Road is a residential building on Mill Road, Wellingborough, NN8 and falls within the NN8 postal district.
254, Mill Road, Wellingborough has 21 entries in the Land Registry , most recently in May 2007 and a single entry in the EPC database dated February 2022.
We combine this information with that 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.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 254, Mill Road, Wellingborough, we estimate a market value of £137,677 and a rental value of £770 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £121,942 and £682 per month respectively.
Over the last year, 254, Mill Road, Wellingborough has seen its estimated sale value decline by £528 (0.4%) and its estimated rental value climb by £15 per month (2.1%). This results in an estimated gross rental yield of 6.7%.
254, Mill Road, Wellingborough has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 05 Feb 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 254, Mill Road, Wellingborough completed on 16th May 2007 at £98,100 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 52.5% over the period since May 2007.
Over the past 2 years 3 properties similar to 254, Mill Road, Wellingborough have sold within a radius of 570 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 5th May 2022, was 209A, Mill Road, Wellingborough, NN8 1QT, a leasehold flat which sold for £115,000.
Read more about house prices in NN8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 231 addresses on Mill Road, Wellingborough, NN8, 254, Mill Road, Wellingborough comes out as the 202nd largest and the 201st most expensive in our analysis of the public data.
It is also £104k less expensive than the average property across the NN8 district.
From 254, Mill Road, Wellingborough, the nearest station is Wellingborough, 300 metres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 254, Mill Road, Wellingborough, 50.7% of property is privately rented and 24.3% 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 254, Mill Road, Wellingborough, 23.7% of residents are recorded as possessing school level qualifications and 21.9% 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 254, Mill Road, 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 254, Mill Road, Wellingborough, 0.3% 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 254, Mill Road, Wellingborough, 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.
