According to the public record, 3, Shipps Way, Wigston is a modern freehold house with 1,119 ft2 of internal area and sits on a 204 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Shipps Way, Wigston, LE18 is located in the borough of Oadby and Wigston within the LE18 postal district.
3, Shipps Way, Wigston has a single entry in the Land Registry database from March 2021 and a single entry in the EPC database dated February 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 good condition, we estimate the current sale value for 3 Shipps Way Wigston as £362,722 and the rental value as £1,267 per month giving an expected gross yield of 4.2%.
Over the last 12 months the sale value of 3 Shipps Way Wigston has increased by £2,994 (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, Shipps Way, Wigston is in very good condition we estimate a sale value of £380,858 and rental value of £1,331 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £337,331 and a rental value of £1,179 per month.
If you were able to purchase this property for the estimated value of £362,722, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,783 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, Shipps Way, Wigston sits on a plot of 204m2.
We have plot size data on 7 out of 8 other houses in the postcode and 3, Shipps Way, Wigston sits on the 7th largest plot.
According to HM Land Registry, 3, Shipps Way, Wigston was last sold on 26 Mar 2021 for £291,995 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Mar 2021, the market for similar properties has risen 10.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Shipps Way, Wigston within a radius of 780 metres over the last 2 years.
The most recent example is 45, Clayhill Field, Wigston, LE18 3US, a Freehold house which sold for £334,995 in Dec 2023.
Read more about house prices in LE18.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Shipps Way, Wigston, LE18 has a total of 8 addresses. According to our analysis of all the public data, 3, Shipps Way, Wigston is the 5th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £101k more expensive than the average property in LE18.
3, Shipps Way, Wigston has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 25 Feb 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 3, Shipps Way, Wigston is South Wigston station which is 3.0 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 3, Shipps Way, Wigston, 43.4% of property is privately owned outright and 39.7% 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, Shipps Way, Wigston, 17.2% of residents are recorded as possessing school level qualifications and 32.7% 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, Shipps 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, Shipps 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, Shipps 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.