House prices in NN8 3 (Wellingborough)

This article reveals price per square metre data and various charts to help you understand current housing market in 'NN8 3' (Wellingborough) - statistics were last calculated on 30 August 2024.


Defining 'NN8 3'

This analysis is limited to properties whose postcode starts with "NN8 3", this is also called the postcode sector. It is shown in red on the map above. There are no official names for postcode sectors so I've just labelled it Wellingborough.

You can click on the map to change sector, or you can enter a different postcode sector (e.g. CM23 4) below.

FYI, a postcode sector is the full postcode without the last two letters.

Price per square metre

Knowing the average house price in Wellingborough is not much use. However, knowing average price per square metre can be quite useful. Price per sqm allows some comparison between properties of different size. We define price per square metre as the sold price divided by the internal area of a property:

£ per sqm = price ÷ internal area
E.g. 223, Shelley Road, Wellingborough, sold for £195,000 on Jun-2024. Given the internal area of 74 square metres, the price per sqm is £2,635.

England & Wales have been officially metric since 1965. However house price per square foot is prefered by some estate agents and those of sufficiently advanced age ;-) They may want to convert square meters on this page to square feet.

The chart below is called a histogram, it helps you see the distribution of this house price per sqm data. To make this chart we put the sales data into a series of £ per sqm 'buckets' (e.g. £2,350-£2,500, £2,500-£2,650, £2,650-£2,800 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 197 sales in Wellingborough (NN8 3) that took place in the last two years.

Distribution of £ per sqm for Wellingborough
Distribution of £ per sqm house prices in Wellingborough

Generate a custom chart like the one above but based on your own criteria.

You can see the spread of prices above. This is because although internal area is a key factor in determining valuation, it is not the only factor. Many factors other than size affect desirability; these factors could be condition, aspect, garden size, negotiating power of the vendor etc.

The spread of prices will give you a feel of the typical range to expect in Wellingborough (NN8 3). Of the 197 transactions, half were sold for between £2,250 and £3,140 per square metre. The median, or 'middle', price per square metre in 'NN8 3' is £2,600. Notably, only 25% of properties that sold recently were valued at more than £3,140 sqm. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

Price map for Wellingborough

Do have a look at the interactive price map I created. I find it useful and I am sure it will help you in exploring Wellingborough. You can zoom in all the way to individual properties and then all the way back out to see the whole country. The colours show the current estimated property values.

Property price heatmap for Wellingborough
House price heatmap for Wellingborough

Comparison with neighbouring postcode sectors

The table below shows how 'NN8 3' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
NN8 2 Wellingborough £2,570 sqm £2,920 sqm £3,280 sqm
NN8 3 Wellingborough £2,250 sqm £2,600 sqm £3,140 sqm
NN8 6 Park Farm Industrial Estate £4,260 sqm £4,260 sqm £4,260 sqm
NN8 1 Wellingborough £2,090 sqm £2,500 sqm £3,060 sqm
NN8 4 Wellingborough £2,160 sqm £2,730 sqm £3,340 sqm
NN8 5 Wellingborough £2,840 sqm £3,280 sqm £3,620 sqm

Will Wellingborough house prices drop in 2024?

I cannot tell the future and don't believe anyone who says they can. I can however plot price trends - I have done this in the chart below for NN8 3 (Wellingborough) compared with both the wider area NN8 and inflation (CPIH from the Office of National Statistics). The dashed trend lines in the chart show the average over time.

Historic price per square metre in Wellingborough,Wellingborough
House price trends for Wellingborough

Download time series data as CSV (paying users only).

For the most recent sales activity, rather than a summarized average, it is better to see the underlying data. This is shown in the chart below, where blue dots represent individual sales, click on them to see details. If there is an obvious trend you should be able to spot it here amid the noise from outliers.

Most recent NN8 3 sales
Recent trends for Wellingborough

Data from Land Registry comes in gradually over time. I update it every month but it takes about 5 months for the majority of sales for Wellingborough to be recorded. Disclaimer: I do not verify and cannot guarantee the accuracy of any data shown. Outliers exist in the data, typically these are where the EPC registry records the internal area incorrectly, sometimes although very rarely the Land Registry price paid data can be wrong. The data provided throughout this website about Wellingborough and any other area, is not financial advice. Any information provided does not and cannot ever take in to account the particular financial situation, objectives or property needs of either you or anyone reading this information.

Street level data

Street Avg size Avg £sqm Recent sales
Shelley Road, Wellingborough, NN8 3D 81 sqm £2,458 26
Minerva Way, Wellingborough, NN8 3T 87 sqm £1,697 22
Northampton Road, Wellingborough, NN8 3P 116 sqm £2,808 18
Brickhill Road, Wellingborough, NN8 3J 117 sqm £2,684 17
Stanwell Way, Wellingborough, NN8 3D 85 sqm £2,949 15
Northampton Road, Wellingborough, NN8 3H 92 sqm £2,003 14
Hatfield Close, Wellingborough, NN8 3F 76 sqm £3,186 13
Roberts Street, Wellingborough, NN8 3H 96 sqm £2,510 13

Search for your street here.

Raw data

Our analysis of Wellingborough is derived from what is essentially a big table of sold prices from Land Registry with added property size information. Below are three rows from this table to give you an idea.

Address Paid sqm £/sqm
223, Shelley Rd, Wellingborough £195,000
Jun-2024
74 2,635
46, Ruskin Avenue, Wellingborough £184,566
Jun-2024
79 2,336
2, Thorpe Close, Wellingborough £180,000
Jun-2024
52 3,461

See the entire list of all sales in Wellingborough (NN8 3) here.

About

I created HouseMetric because I wanted to see this data and analysis myself, I also wanted to teach myself to build a website. Please give me feedback or spread the word about it. I'm constantly tinkering and adding more stuff to it.