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According to the public record, 7, Herford Close, Corby is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 677 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 7, Herford Close, Corby is £114,774 and the estimated rental value is £705 per month.
Herford Close, Corby, NN18 is located within the NN18 postal district.
7, Herford Close, Corby has 31 entries in the Land Registry , most recently in January 2020 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 7, Herford Close, Corby is in very good condition we estimate a sale value of £120,513 and a rental value of £740 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £106,740 and a rental value of £656 per month.
Over the last 12 months the sale value of 7 Herford Close Corby has decreased by an estimated £1,083 (0.9%) and its rental value has increased by an estimated £5 per month (0.7%), giving an expected gross yield of 7.4%.
According to HM Land Registry, 7, Herford Close, Corby was last sold on 17th January 2020 for £120,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since January 2020, the market for similar properties has risen 13.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Herford Close, Corby within a radius of 840 metres over the last 2 years.
The most recent example is 8, Herford Close, Corby, NN18 9EQ, a leasehold flat which sold for £139,000 on the 2nd September 2022.
Read more about house prices in NN18.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Herford Close, Corby, NN18 has a total of 46 addresses. According to our analysis of all the public data, 7, Herford Close, Corby is the 40th largest and the 40th most expensive property on the street.
When compared to the postcode district it is £101k less expensive than the average property in NN18.
The closest station to 7, Herford Close, Corby is Corby station which is 3.7 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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 7, Herford Close, Corby, 26.9% of property is privately owned outright and 26.9% 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 7, Herford Close, Corby, 21.7% of residents are recorded as possessing school level qualifications and 15.6% 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 7, Herford Close, Corby, the average age was 41 and the most common age was 62.
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 7, Herford Close, Corby, 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 7, Herford Close, Corby, 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.