According to the public record, 196, Oadby Road, Wigston is a early-century freehold house with 1,151 ft2 of internal area and sits on a 358 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Oadby Road, Wigston, LE18 is located in the borough of Oadby and Wigston within the LE18 postal district.
196, Oadby Road, Wigston has 31 entries in the Land Registry database, most recently in December 2016 and a single entry in the EPC database dated January 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 196 Oadby Road Wigston as £261,112 and the rental value as £1,198 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 196 Oadby Road Wigston has increased by £2,477 (0.9%) and its rental value has increased by £25 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 196, Oadby Road, Wigston is in very good condition we estimate a sale value of £274,168 and rental value of £1,258 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £242,834 and a rental value of £1,114 per month.
If you were able to purchase this property for the estimated value of £261,112, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,283 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, 196, Oadby Road, Wigston sits on a plot of 358m2.
We have plot size data on 9 out of 21 other houses in the postcode and 196, Oadby Road, Wigston sits on the 4th largest plot.
According to HM Land Registry, 196, Oadby Road, Wigston was last sold on 16 Dec 2016 for £221,500 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Dec 2016, the market for similar properties has risen 38.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 196, Oadby Road, Wigston within a radius of 690 metres over the last 2 years.
The most recent example is 9, Wicken Rise, Wigston, LE18 3QQ, a Freehold house which sold for £277,500 in May 2023.
Read more about house prices in LE18.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Oadby Road, Wigston, LE18 has a total of 113 addresses. According to our analysis of all the public data, 196, Oadby Road, Wigston is the 30th largest and the 91st most expensive property on the street.
When compared to the postcode district it is £584 less expensive than the average property in LE18.
196, Oadby Road, Wigston has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 21 Jan 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 196, Oadby Road, Wigston is South Wigston station which is 2.8 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 196, Oadby Road, Wigston, 51.4% of property is privately owned with a mortgage and 42.3% is privately owned outright.
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 196, Oadby Road, Wigston, 23.4% of residents are recorded as possessing school level qualifications and 44.1% 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 196, Oadby 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 196, Oadby Road, Wigston, 1.7% 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 196, Oadby Road, Wigston, there are an average of 1.8 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.