According to the public record, 24, Homestead Drive, Wigston is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 1,202 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Homestead Drive, Wigston, LE18 is located in the borough of Oadby and Wigston within the LE18 postal district.
24, Homestead Drive, Wigston has a single entry in the Land Registry database from April 2006 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 24 Homestead Drive Wigston as £313,988 and the rental value as £1,240 per month giving an expected gross yield of 4.7%.
Over the last 12 months the sale value of 24 Homestead Drive Wigston has increased by £4,374 (1.4%) 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 24, Homestead Drive, Wigston is in very good condition we estimate a sale value of £329,687 and rental value of £1,302 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £292,009 and a rental value of £1,153 per month.
If you were able to purchase this property for the estimated value of £313,988, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,543 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, 24, Homestead Drive, Wigston was last sold on 19 Apr 2006 for £147,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 24, Homestead Drive, Wigston within a radius of 550 metres over the last 2 years.
The most recent example is 1, Halcroft Rise, Wigston, LE18 2HS, a Freehold house which sold for £265,000 in May 2021.
Read more about house prices in LE18.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Homestead Drive, Wigston, LE18 has a total of 56 addresses. According to our analysis of all the public data, 24, Homestead Drive, Wigston is the 2nd largest and the most expensive property on the street.
When compared to the postcode district it is £52k more expensive than the average property in LE18.
The closest station to 24, Homestead Drive, Wigston is South Wigston station which is 2.1 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 24, Homestead Drive, Wigston, 65.8% of property is privately owned outright and 26.5% 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 24, Homestead Drive, Wigston, 12.6% of residents are recorded as possessing school level qualifications and 14.3% 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 24, Homestead 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 24, Homestead Drive, Wigston, 1.2% 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 24, Homestead Drive, Wigston, there are an average of 1.3 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.