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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
Public records show 40, Gerard Road, Wellingborough to be a modern freehold house with 624 ft2 of internal area.
In this area, houses of this size normally have 3 bedrooms with a garden.
40, Gerard Road, Wellingborough has an estimated sale value of £228,011 and an estimated rental value of £1,166 per month, assuming reasonable condition and based on the information available.
Gerard Road, Wellingborough, NN8 lies within the NN8 postal district.
40, Gerard Road, Wellingborough has a single entry in the Land Registry from November 2024 and a single entry in the EPC database dated November 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
In very good condition, we estimate 40, Gerard Road, Wellingborough would be worth £239,411, with a potential rental value of £1,225 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £212,050, with a rental value of £1,085 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 40, Gerard Road, Wellingborough has dropped by £1,950 (0.9%) over the last year. During the same period, its estimated monthly rental value has risen by £19 (1.6%). The property's estimated gross yield is currently 6.1%.
40, Gerard Road, Wellingborough has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 19 Nov 2024.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
40, Gerard Road, Wellingborough last changed hands on 29th November 2024, selling for £229,950. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 20.8% since November 2024.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 790 metres of 40, Gerard Road, Wellingborough across the last 2 years.
Most recently, 38, Gerard Road, Wellingborough, NN8 6DY, a freehold house, sold at £230,251 on the 18th December 2024.
Read more about house prices in NN8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 40, Gerard Road, Wellingborough as the 47th largest and the 40th most expensive of the 50 addresses on Gerard Road, Wellingborough, NN8.
Against the NN8 postcode district average, it is £7k less expensive than the typical property.
Wellingborough station is the nearest stop to 40, Gerard Road, Wellingborough at 3.2 kilometres away.
Environment Agency data suggests this area has a very low risk of flooding.
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The recent census recorded whether a resident owned or rented their home.
In the area around 40, Gerard Road, Wellingborough, 53.5% of property is privately owned outright and 33.8% 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 40, Gerard Road, Wellingborough, 15.1% of residents are recorded as possessing school level qualifications and 36.8% 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 40, Gerard Road, 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 40, Gerard Road, Wellingborough, 2.2% 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 40, Gerard Road, Wellingborough, there are an average of 2.1 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
