Flat 7, Laurel Place
Flat 7, Laurel Place
Description & Estimates
The public record lists Flat 7, Laurel Place, Towcester as a leasehold apartment.
Comparison with its neighbours suggests a modern apartment with 508 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Flat 7, Laurel Place, Towcester has an estimated sale value of £69,854 and an estimated rental value of £494 per month, assuming reasonable condition and based on the information available.
The apartment sits within Laurel Place, London Road, Towcester, NN12.
London Road, Towcester, NN12 lies within the NN12 postal district.
Our Data Sources
Flat 7, Laurel Place, Towcester has a single entry in the Land Registry from July 2007 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.
Price Range & Condition
In very good condition, we estimate Flat 7, Laurel Place, Towcester would be worth £73,347, with a potential rental value of £519 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £64,964, with a rental value of £459 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 7, Laurel Place, Towcester has decreased by £1,460 (2.1%) over the last year. During the same period, its estimated monthly rental value has grown by £3 (0.5%). The property's estimated gross yield is currently 8.5%.
Sold Prices
Flat 7, Laurel Place, Towcester last changed hands on 12th July 2007, selling for £58,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 55.1% since July 2007.
- Sold Jul 2007£58,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 660 metres of Flat 7, Laurel Place, Towcester across the last 2 years.
Most recently, Flat 23, Laurel Place, London Road, Towcester, NN12 6DA, a leasehold flat, sold at £60,000 on the 2nd August 2019.
Read more about house prices in NN12.
- Sold Aug 2019£60,000 | 2 Bed FlatLaurel Place, London RoadFlat 23, Laurel Place, London Road, Towcester, NN12 6DA
- Sold Nov 2008£58,000 | 2 Bed FlatLaurel Place, London RoadFlat 1, Laurel Place, London Road, Towcester, NN12 6DA
- Sold Sep 2007£58,000 | 2 Bed FlatLaurel Place, London RoadFlat 15, Laurel Place, London Road, Towcester, NN12 6DA
•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 7, Laurel Place, Towcester as the 36th largest and the 36th most expensive of the 38 addresses on London Road, Towcester, NN12.
Against the NN12 postcode district average, it is £342k less expensive than the typical property.
More reading links
Schools Nearby
- 100mTowcester Church of England Primary School
- 800mMarie Weller Primary School
- 900mNicholas Hawksmoor Primary School
- 800mSponne School
- 6.5kmSilverstone UTC
- 9.5kmCampion School
More reading links
Public Transport Nearby
Northampton station is the nearest stop to Flat 7, Laurel Place, Towcester at 13.2 kilometres away.
- 13.2kmNorthampton
- 14.1kmWolverton
- 17.8kmMilton Keynes Central
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
