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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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Flat 8, 38, Leatherworks Way, Northampton is recorded publicly as a modern leasehold apartment across 452 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 8, 38, Leatherworks Way, Northampton is £148,548 and its rental estimate is £844 per month, given the available information and assuming reasonable condition.
38, Leatherworks Way is a residential building on Leatherworks Way, Northampton, NN3 and falls within the NN3 postal district.
Flat 8, 38, Leatherworks Way, Northampton has 2 entries in the Land Registry , most recently in January 2023 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.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Flat 8, 38, Leatherworks Way, Northampton, we estimate a market value of £155,975 and a rental value of £887 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £138,150 and £785 per month respectively.
Over the last year, Flat 8, 38, Leatherworks Way, Northampton has seen its estimated sale value move up by £161 (0.1%) and its estimated rental value increase by £19 per month (2.3%). This results in an estimated gross rental yield of 6.8%.
Flat 8, 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 high performance glazing. It is heated using Boiler and radiators, mains gas.
The most recent sale of Flat 8, 38, Leatherworks Way, Northampton completed on 20th January 2023 at £141,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 23.7% over the period since January 2023.
Over the past 2 years 3 properties similar to Flat 8, 38, Leatherworks Way, Northampton have sold within a radius of 690 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 20th September 2023, was Flat 5, 38, Leatherworks Way, Northampton, NN3 9ES, a leasehold flat which sold for £145,000.
Read more about house prices in NN3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 67 addresses on Leatherworks Way, Northampton, NN3, Flat 8, 38, Leatherworks Way, Northampton comes out as the 62nd largest and the 62nd most expensive in our analysis of the public data.
It is also £123k less expensive than the average property across the NN3 district.
From Flat 8, 38, Leatherworks Way, Northampton, the nearest station is Northampton, 5.9 kilometres away.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 8, 38, Leatherworks Way, Northampton, % of property is and % is .
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 Flat 8, 38, Leatherworks Way, Northampton, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 Flat 8, 38, Leatherworks Way, Northampton, 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 Flat 8, 38, Leatherworks Way, Northampton, there are an average of 0.0 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
