According to the public record, 1, Victoria Street, Wigston is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 818 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Victoria Street, Wigston, LE18 is located in the borough of Oadby and Wigston within the LE18 postal district.
1, Victoria Street, Wigston has a single entry in the Land Registry database from December 2022 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.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 1 Victoria Street Wigston as £215,378 and the rental value as £1,053 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 1 Victoria Street Wigston has increased by £3,721 (1.7%) and its rental value has increased by £28 per month (2.7%).
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, Victoria Street, Wigston is in very good condition we estimate a sale value of £226,147 and rental value of £1,106 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £200,301 and a rental value of £979 per month.
If you were able to purchase this property for the estimated value of £215,378, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,059 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, Victoria Street, Wigston was last sold on 15 Dec 2022 for £170,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Dec 2022, the market for similar properties has dropped 1.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Victoria Street, Wigston within a radius of 530 metres over the last 2 years.
The most recent example is 14, Glebe Close, Wigston, LE18 3LU, a Freehold house which sold for £205,000 in May 2024.
Read more about house prices in LE18.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Victoria Street, Wigston, LE18 has a total of 40 addresses. According to our analysis of all the public data, 1, Victoria Street, Wigston is the 25th largest and the 27th most expensive property on the street.
When compared to the postcode district it is £46k less expensive than the average property in LE18.
The closest station to 1, Victoria Street, Wigston is South Wigston station which is 2.0 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 1, Victoria Street, Wigston, 45.7% of property is privately owned outright and 22.1% 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, Victoria Street, Wigston, 20.3% of residents are recorded as possessing school level qualifications and 25.7% 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, Victoria Street, Wigston, the average age was 41.6 and the most common age was 52.
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, Victoria Street, Wigston, 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 1, Victoria Street, Wigston, there are an average of 1.1 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.