According to the public record, 3, Weldon Road, Wigston is a mid-century freehold house with 893 ft2 of internal area and sits on a 323 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Weldon Road, Wigston, LE18 is located in the borough of Oadby and Wigston within the LE18 postal district.
3, Weldon Road, Wigston has a single entry in the Land Registry database from April 2022 and a single entry in the EPC database dated January 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 3 Weldon Road Wigston as £252,904 and the rental value as £1,119 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of 3 Weldon Road Wigston has increased by £4,305 (1.7%) and its rental value has increased by £31 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 3, Weldon Road, Wigston is in very good condition we estimate a sale value of £265,549 and rental value of £1,175 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £235,201 and a rental value of £1,041 per month.
If you were able to purchase this property for the estimated value of £252,904, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,243 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, Weldon Road, Wigston sits on a plot of 323m2.
We have plot size data on 10 out of 13 other houses in the postcode and 3, Weldon Road, Wigston sits on the 5th largest plot.
According to HM Land Registry, 3, Weldon Road, Wigston was last sold on 08 Apr 2022 for £245,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Apr 2022, the market for similar properties has risen 0.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Weldon Road, Wigston within a radius of 530 metres over the last 2 years.
The most recent example is 46, Avondale Road, Wigston, LE18 1ND, a Freehold house which sold for £275,000 in Oct 2022.
Read more about house prices in LE18.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Weldon Road, Wigston, LE18 has a total of 13 addresses. According to our analysis of all the public data, 3, Weldon Road, Wigston is the 8th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £9k less expensive than the average property in LE18.
3, Weldon Road, Wigston has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 19 Jan 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 3, Weldon Road, Wigston is South Wigston station which is 2.3 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, Weldon Road, Wigston, 54.5% of property is privately owned outright and 37.4% 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, Weldon Road, Wigston, 15.2% of residents are recorded as possessing school level qualifications and 27.5% 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, Weldon 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 3, Weldon Road, 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, Weldon Road, Wigston, there are an average of 1.5 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.