Flat 1, 38
Flat 1, 38
Description & Estimates
Public records show Flat 1, 38, Leatherworks Way, Northampton to be a modern leasehold apartment with 409 ft2 of internal area.
In this area, apartments of this size normally have 1 bedroom.
Flat 1, 38, Leatherworks Way, Northampton has an estimated sale value of £139,951 and an estimated rental value of £785 per month, assuming reasonable condition and based on the information available.
The apartment sits within 38, Leatherworks Way, Northampton, NN3.
Leatherworks Way, Northampton, NN3 lies within the NN3 postal district.
Our Data Sources
Flat 1, 38, Leatherworks Way, Northampton has 2 entries in the Land Registry , most recently in December 2019 and a single entry in the EPC database dated November 2016.
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.
Price Range & Condition
In very good condition, we estimate Flat 1, 38, Leatherworks Way, Northampton would be worth £146,949, with a potential rental value of £824 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £130,155, with a rental value of £730 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat 1, 38, Leatherworks Way, Northampton has risen by £690 (0.5%) over the last year. During the same period, its estimated monthly rental value has moved up by £20 (2.5%). The property's estimated gross yield is currently 6.7%.
Energy Efficiency
Flat 1, 38, Leatherworks Way, Northampton has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 24 Nov 2016.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
Flat 1, 38, Leatherworks Way, Northampton last changed hands on 17th December 2019, selling for £125,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has dropped by 25.4% since December 2019.
- Sold Dec 2019£125,000
- Sold Dec 2016£130,500
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 690 metres of Flat 1, 38, Leatherworks Way, Northampton across the last 2 years.
Most recently, Flat 5, 38, Leatherworks Way, Northampton, NN3 9ES, a leasehold flat, sold at £145,000 on the 20th September 2023.
Read more about house prices in NN3.
- Sold Sep 2023£145,000 | 1 Bed Flat38, Leatherworks WayFlat 5, 38, Leatherworks Way, Northampton, NN3 9ES
- Sold Jan 2023£150,000 | 1 Bed Flat38, Leatherworks WayFlat 2, 38, Leatherworks Way, Northampton, NN3 9ES
- Sold Mar 2022£144,000 | 2 Bed Flat36, Leatherworks WayFlat 5, 36, Leatherworks Way, Northampton, NN3 9EP
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks Flat 1, 38, Leatherworks Way, Northampton as the 65th largest and the 65th most expensive of the 67 addresses on Leatherworks Way, Northampton, NN3.
Against the NN3 postcode district average, it is £132k less expensive than the typical property.
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Schools Nearby
- 900mLumbertubs Primary School
- 900mLings Primary School
- 1.0kmStandens Barn Primary School
- 500mNorthampton Academy
- 1.4kmWeston Favell Academy
- 2.8kmSt Thomas Becket Catholic School
More reading links
Public Transport Nearby
Northampton station is the nearest stop to Flat 1, 38, Leatherworks Way, Northampton at 5.9 kilometres away.
- 5.9kmNorthampton
- 11.4kmWellingborough
- 16.4kmKettering
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
