According to the public record, 26, Homestead Drive, Wigston is a mid-century freehold house with 904 ft2 of internal area and sits on a 283 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Homestead Drive, Wigston, LE18 is located in the borough of Oadby and Wigston within the LE18 postal district.
26, Homestead Drive, Wigston has 2 entries in the Land Registry database, most recently in December 2023 and a single entry in the EPC database dated November 2022.
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 26 Homestead Drive Wigston as £251,101 and the rental value as £1,120 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of 26 Homestead Drive Wigston has increased by £4,796 (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 26, Homestead Drive, Wigston is in very good condition we estimate a sale value of £263,656 and rental value of £1,176 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £233,524 and a rental value of £1,041 per month.
If you were able to purchase this property for the estimated value of £251,101, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,234 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, 26, Homestead Drive, Wigston sits on a plot of 283m2.
We have plot size data on 12 out of 32 other houses in the postcode and 26, Homestead Drive, Wigston sits on the 6th largest plot.
According to HM Land Registry, 26, Homestead Drive, Wigston was last sold on 01 Dec 2023 for £243,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Dec 2023, the market for similar properties has risen 1.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 26, Homestead Drive, Wigston within a radius of 550 metres over the last 2 years.
The most recent example is 3, Homestead Drive, Wigston, LE18 2HP, a Freehold house which sold for £177,500 in Jan 2024.
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, 26, Homestead Drive, Wigston is the 28th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £11k less expensive than the average property in LE18.
26, Homestead Drive, Wigston has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Nov 2022.
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 26, 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 26, 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 26, 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 26, 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 26, 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 26, 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.