34, Mere Road, Wigston has 41 entries in the Land Registry database, most recently in September 2022 and a single entry in the EPC database dated August 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
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 34, Mere Road, Wigston is in very good condition we estimate a sale value of £335,404 and rental value of £1,206 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £297,072 and a rental value of £1,068 per month.
If you were able to purchase this property for the estimated value of £319,433, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,570 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, 34, Mere Road, Wigston sits on a plot of 339m2.
We have plot size data on 23 out of 40 other houses in the postcode and 34, Mere Road, Wigston sits on the 17th largest plot.
According to HM Land Registry, 34, Mere Road, Wigston was last sold on 30 Sep 2022 for £335,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since Sep 2022, the market for similar properties has dropped 1.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 34, Mere Road, Wigston within a radius of 530 metres over the last 2 years.
The most recent example is 2, St. Wolstans Close, Wigston, LE18 3RU, a Freehold house which sold for £335,000 in Mar 2023.
Read more about house prices in LE18.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mere Road, Wigston, LE18 has a total of 159 addresses. According to our analysis of all the public data, 34, Mere Road, Wigston is the 114th largest and the 99th most expensive property on the street.
When compared to the postcode district it is £58k more expensive than the average property in LE18.
34, Mere Road, Wigston has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 01 Aug 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
According to the public record, 34, Mere Road, Wigston is a mid-century freehold house with 1,011 ft2 of internal area and sits on a 339 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Mere Road, Wigston, LE18 is located in the borough of Oadby and Wigston within the LE18 postal district.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 34 Mere Road Wigston as £319,433 and the rental value as £1,149 per month giving an expected gross yield of 4.3%.
Over the last 12 months the sale value of 34 Mere Road Wigston has increased by £4,648 (1.5%) and its rental value has increased by £30 per month (2.6%).
The closest station to 34, Mere Road, Wigston is South Wigston station which is 2.4 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 34, Mere Road, Wigston, 53.8% of property is privately owned outright and 43.0% 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 34, Mere Road, Wigston, 20.0% of residents are recorded as possessing school level qualifications and 30.6% 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 34, Mere 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 34, Mere Road, Wigston, 0.5% 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 34, Mere 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.