According to the public record, 1, Rawson Drive, Wigston is a modern freehold house with 1,140 ft2 of internal area.
Houses of this size in this area normally have 4 bedrooms with a garden.
Rawson Drive, Wigston, LE18 is located in the borough of Oadby and Wigston within the LE18 postal district.
1, Rawson Drive, Wigston has a single entry in the Land Registry database from November 2021 and a single entry in the EPC database dated July 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in good condition, we estimate the current sale value for 1 Rawson Drive Wigston as £378,160 and the rental value as £1,276 per month giving an expected gross yield of 4%.
Over the last 12 months the sale value of 1 Rawson Drive Wigston has increased by £4,171 (1.1%) and its rental value has increased by £29 per month (2.3%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 1, Rawson Drive, Wigston is in very good condition we estimate a sale value of £397,068 and rental value of £1,340 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £351,688 and a rental value of £1,187 per month.
If you were able to purchase this property for the estimated value of £378,160, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,859 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 1, Rawson Drive, Wigston was last sold on 17 Nov 2021 for £364,950 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Nov 2021, the market for similar properties has risen 3.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Rawson Drive, Wigston within a radius of 880 metres over the last 2 years.
The most recent example is 7, Rawson Drive, Wigston, LE18 3AF, a Freehold house which sold for £359,950 in Dec 2021.
Read more about house prices in LE18.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Rawson Drive, Wigston, LE18 has a total of 42 addresses. According to our analysis of all the public data, 1, Rawson Drive, Wigston is the 24th largest and the 29th most expensive property on the street.
When compared to the postcode district it is £116k more expensive than the average property in LE18.
1, Rawson Drive, Wigston has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 24 Jul 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 1, Rawson Drive, Wigston is South Wigston station which is 2.5 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 1, Rawson Drive, Wigston, 44.0% of property is privately owned outright and 39.7% is privately owned with a mortgage.
The graph below shows how this compares to Greater London 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 1, Rawson Drive, Wigston, 17.2% of residents are recorded as possessing school level qualifications and 29.4% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 1, Rawson Drive, Wigston, the average age was 45.8 and the most common age was 72.
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 1, Rawson Drive, Wigston, 1.4% 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 1, Rawson Drive, Wigston, there are an average of 1.6 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.