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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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According to the public record, 5, John Lea Way, Wellingborough is a modern Leasehold apartment with 559 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 5, John Lea Way, Wellingborough is £144,381 and the estimated rental value is £677 per month.
John Lea Way, Wellingborough, NN8 is located within the NN8 postal district.
5, John Lea Way, Wellingborough has 31 entries in the Land Registry , most recently in March 2020 and a single entry in the EPC database dated December 2019.
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.
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 5, John Lea Way, Wellingborough is in very good condition we estimate a sale value of £151,600 and a rental value of £711 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £134,274 and a rental value of £630 per month.
Over the last 12 months the sale value of 5 John Lea Way Wellingborough has increased by an estimated £241 (0.2%) and its rental value has increased by an estimated £12 per month (1.7%), giving an expected gross yield of 5.6%.
5, John Lea Way, Wellingborough has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 03 Dec 2019.
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, 5, John Lea Way, Wellingborough was last sold on 24th March 2020 for £125,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since March 2020, the market for similar properties has risen 1.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, John Lea Way, Wellingborough within a radius of 720 metres over the last 2 years.
The most recent example is 11, Johnson Avenue, Wellingborough, NN8 2QT, a leasehold flat which sold for £155,000 on the 26th August 2022.
Read more about house prices in NN8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
John Lea Way, Wellingborough, NN8 has a total of 59 addresses. According to our analysis of all the public data, 5, John Lea Way, Wellingborough is the 58th largest and the 58th most expensive property on the street.
When compared to the postcode district it is £90k less expensive than the average property in NN8.
The closest station to 5, John Lea Way, Wellingborough is Wellingborough station which is 2.2 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 5, John Lea Way, Wellingborough, 42.9% of property is privately owned with a mortgage and 27.1% is privately rented.
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 5, John Lea Way, Wellingborough, 22.8% of residents are recorded as possessing school level qualifications and 30.9% 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 5, John Lea Way, Wellingborough, the average age was 36.8 and the most common age was 7.
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 5, John Lea Way, Wellingborough, 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 5, John Lea Way, Wellingborough, there are an average of 1.6 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
