Flats/Maisonettes

5 SPENCER ROAD

WELLINGBOROUGH, NORTH NORTHAMPTONSHIRE, NN8 2QB

£130,000

Location

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Bus stop John Lea Way (adj) 0.1 miles
Shop Timpson 0.6 miles
Train station Wellingborough 1.5 miles
Hospital Manfield Health Campus 7.2 miles

Property details

Tenure

Leasehold

Property type

Flat

Bedrooms

2

Bathrooms

2

Floor area

65 m²

EPC rating

C

Year built

England and Wales: 2003-2006

Last sold

£130,000 Mar 2026

Price per m²

£2,000/m²

Local average

£136,346 (13 sales)

Street crime

167 incidents within 1 mile (Jun 2026)

EPC Rating & Upgrade Cost

Current rating: C

Potential rating: C

Inspection date: 07/05/2025

Expiry date: 06/05/2035

Current heating cost: £345/year

Potential heating cost: £345/year

View full EPC on gov.uk

Price history

Event Date Price Type % change Today’s value (HPI) Action
Sold 06/03/2026 £130,000 Flat £129,862 to May 2026 View transaction

Historic listings

Listing and sale events only where we matched the listing page to a Land Registry sale already on record for this address.

Event Date Price
sold 01/01/2026 £130,000
listed 12/05/2025 £140,000
sold 01/01/2018 £105,000
sold 01/01/2016 £95,000
sold 01/01/2004 £117,000

Sold comparables

Same street and nearby sales within 0.25 miles (last 5 years). Land Registry Price Paid Data.

Address Price Date Type
4 ST ROCHUS DRIVE, WELLINGBOROUGH, NORTH NORTHAMPTONSHIRE, NN8 2QN £140,000 31/05/2023 Flat
11 JOHNSON AVENUE, WELLINGBOROUGH, NORTH NORTHAMPTONSHIRE, NN8 2QT £155,000 26/08/2022 Flat
12 WILCE AVENUE, WELLINGBOROUGH, NORTH NORTHAMPTONSHIRE, NN8 2QL £160,000 29/06/2022 Flat

Area average: £151,667 (3 sales)

For sale comparables

No active for-sale comparables found within 1 mile for the same bedrooms and property type.

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth 9.9%
10y growth 23.2%

House Price Index (HM Land Registry — official index, not sold-price averages): North Northamptonshire. Series: Flats and maisonettes. As of May 2026.

1y (index) -0.6%
5y (index) 6.1%
10y (index) 31%

Rental Range

Estimated market rent for North Northamptonshire. Low = conservative, Realistic = average, Optimistic = best case.

Low £887/mo
Realistic £985/mo
Optimistic £1,084/mo

Based on Local Authority from postcode lookup → North Northamptonshire.

LHA (30th percentile) floor for Northants Central: Apr 2025 – Mar 2026

Rental Comparables

Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.

Title Rent Beds Distance As seen on
2 Bed Flat, Tithe Barn Road, NN8 £900/mo 2 0.94 miles OpenRent

Average rent: £900/mo (1 listing)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.69%
Max investor price (0.8%) £112,500
Target investor price (1%) £90,000
Gross yield 8.3%
Cost-to-rent ratio 12×
Monthly cashflow £273/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 8.7%
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).
  • Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
  • Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
  • ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).

Flood risk

Zone: 1

Risk: Low

Not in Flood Risk Area (no data)

Registered land (INSPIRE)

This location falls inside an HM Land Registry INSPIRE registered freehold polygon.

Building plot (shared): ~271 m² (0.07 acres) (area is for the building, not the flat)

Source: HM Land Registry INSPIRE Index Polygons.

Street-level crime

Category Count
Violence and sexual offences 61
Anti-social behaviour 36
Criminal damage and arson 10
Public order 10
Shoplifting 9
Drugs 8
Other theft 8
Robbery 8
Vehicle crime 7
Other crime 5
Possession of weapons 3
Burglary 2
Total incidents 167

Within 1 mile during Jun 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
Warwick Academy Primary 0.3 miles Good — 9 Feb 2023
Wrenn School Secondary 0.8 miles Good — 11 Jun 2018
Friars Academy Other 0.8 miles Outstanding — 2 Jul 2015
Croyland Primary School Primary 0.8 miles Good — 18 Nov 2021
Croyland Nursery School & Day Nursery Nursery 0.8 miles Outstanding — 19 Feb 2015

FENSA

Window and door installation certificates found for this address.

Issued Work completed Windows Doors
20/01/2025 10/01/2025 1