According to the public record, 10, Penzance Avenue, Wigston is a mid-century freehold house with 914 ft2 of internal area and sits on a 246 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Penzance Avenue, Wigston, LE18 is located in the borough of Oadby and Wigston within the LE18 postal district.
10, Penzance Avenue, Wigston has 2 entries in the Land Registry database, most recently in January 2022 and a single entry in the EPC database dated January 2018.
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 reasonable condition, we estimate the current sale value for 10 Penzance Avenue Wigston as £257,381 and the rental value as £1,126 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of 10 Penzance Avenue Wigston has increased by £4,916 (1.9%) and its rental value has increased by £32 per month (2.8%).
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 10, Penzance Avenue, Wigston is in very good condition we estimate a sale value of £270,250 and rental value of £1,183 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £239,364 and a rental value of £1,048 per month.
If you were able to purchase this property for the estimated value of £257,381, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,265 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 data from HM Land Registry, 10, Penzance Avenue, Wigston sits on a plot of 246m2.
We have plot size data on 19 out of 33 other houses in the postcode and 10, Penzance Avenue, Wigston sits on the 10th largest plot.
According to HM Land Registry, 10, Penzance Avenue, Wigston was last sold on 28 Jan 2022 for £265,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jan 2022, the market for similar properties has risen 3.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 10, Penzance Avenue, Wigston within a radius of 550 metres over the last 2 years.
The most recent example is 37, St. Ives Road, Wigston, LE18 2JB, a Freehold house which sold for £275,000 in Sep 2022.
Read more about house prices in LE18.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Penzance Avenue, Wigston, LE18 has a total of 71 addresses. According to our analysis of all the public data, 10, Penzance Avenue, Wigston is the 31st largest and the 27th most expensive property on the street.
When compared to the postcode district it is £4k less expensive than the average property in LE18.
10, Penzance Avenue, Wigston has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 Jan 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 10, Penzance Avenue, Wigston is South Wigston station which is 1.8 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 10, Penzance Avenue, Wigston, 43.5% of property is privately owned outright and 43.5% 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 10, Penzance Avenue, Wigston, 15.6% of residents are recorded as possessing school level qualifications and 25.8% 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 10, Penzance Avenue, 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 10, Penzance Avenue, 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 10, Penzance Avenue, Wigston, there are an average of 1.4 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.