According to the public record, 167, Mere Road, Wigston is a mid-century freehold house with 1,323 ft2 of internal area and sits on a 366 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Mere Road, Wigston, LE18 is located in the borough of Oadby and Wigston within the LE18 postal district.
167, Mere Road, Wigston has 21 entries in the Land Registry database, most recently in April 2006 and a single entry in the EPC database dated April 2015.
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 167 Mere Road Wigston as £403,498 and the rental value as £1,239 per month giving an expected gross yield of 3.7%.
Over the last 12 months the sale value of 167 Mere Road Wigston has increased by £3,828 (0.9%) and its rental value has increased by £26 per month (2.1%).
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 167, Mere Road, Wigston is in very good condition we estimate a sale value of £423,672 and rental value of £1,301 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £375,253 and a rental value of £1,152 per month.
If you were able to purchase this property for the estimated value of £403,498, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,983 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, 167, Mere Road, Wigston sits on a plot of 366m2.
We have plot size data on 32 out of 62 other houses in the postcode and 167, Mere Road, Wigston sits on the 23rd largest plot.
According to HM Land Registry, 167, Mere Road, Wigston was last sold on 28 Apr 2006 for £228,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 167, Mere Road, Wigston within a radius of 750 metres over the last 2 years.
The most recent example is 125, Mere Road, Wigston, LE18 3RN, a Freehold house which sold for £332,500 in Jun 2024.
Read more about house prices in LE18.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mere Road, Wigston, LE18 has a total of 159 addresses. According to our analysis of all the public data, 167, Mere Road, Wigston is the 24th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £142k more expensive than the average property in LE18.
167, Mere Road, Wigston has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 02 Apr 2015.
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 167, Mere Road, Wigston is South Wigston station which is 2.8 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 167, Mere Road, Wigston, 71.0% of property is privately owned outright and 24.4% 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 167, Mere Road, Wigston, 13.6% of residents are recorded as possessing school level qualifications and 30.4% 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 167, Mere Road, Wigston, the average age was 43.3 and the most common age was 57.
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 167, Mere Road, 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 167, Mere Road, Wigston, there are an average of 1.5 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.