According to the public record, 3, Herrick Way, Wigston is a modern freehold house with 1,463 ft2 of internal area and sits on a 586 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Herrick Way, Wigston, LE18 is located in the borough of Oadby and Wigston within the LE18 postal district.
3, Herrick Way, Wigston has a single entry in the Land Registry database from June 2022 and a single entry in the EPC database dated November 2021.
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 3 Herrick Way Wigston as £433,179 and the rental value as £1,296 per month giving an expected gross yield of 3.6%.
Over the last 12 months the sale value of 3 Herrick Way Wigston has increased by £3,576 (0.8%) and its rental value has increased by £26 per month (2.0%).
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 3, Herrick Way, Wigston is in very good condition we estimate a sale value of £454,838 and rental value of £1,360 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £402,856 and a rental value of £1,205 per month.
If you were able to purchase this property for the estimated value of £433,179, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,129 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, 3, Herrick Way, Wigston sits on a plot of 586m2.
We have plot size data on 19 out of 39 other houses in the postcode and 3, Herrick Way, Wigston sits on the 3rd largest plot.
According to HM Land Registry, 3, Herrick Way, Wigston was last sold on 29 Jun 2022 for £495,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jun 2022, the market for similar properties has dropped 1.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Herrick Way, Wigston within a radius of 620 metres over the last 2 years.
The most recent example is 1, Herrick Way, Wigston, LE18 3LR, a Freehold house which sold for £515,000 in Aug 2022.
Read more about house prices in LE18.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Herrick Way, Wigston, LE18 has a total of 39 addresses. According to our analysis of all the public data, 3, Herrick Way, Wigston is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £171k more expensive than the average property in LE18.
3, Herrick Way, Wigston has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 23 Nov 2021.
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 3, Herrick Way, Wigston is South Wigston station which is 2.5 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 3, Herrick Way, Wigston, 45.7% of property is privately owned outright and 45.0% 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 3, Herrick Way, Wigston, 17.3% of residents are recorded as possessing school level qualifications and 35.4% 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 3, Herrick Way, 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 3, Herrick Way, 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 3, Herrick Way, Wigston, there are an average of 1.6 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.