According to the public record, 36, Cherry Street, Wigston is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 1,097 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Cherry Street, Wigston, LE18 is located in the borough of Oadby and Wigston within the LE18 postal district.
36, Cherry Street, Wigston has a single entry in the Land Registry database from July 2006 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 36 Cherry Street Wigston as £258,280 and the rental value as £1,190 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 36 Cherry Street Wigston has increased by £4,921 (1.9%) and its rental value has increased by £33 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 36, Cherry Street, Wigston is in very good condition we estimate a sale value of £271,194 and rental value of £1,249 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £240,200 and a rental value of £1,107 per month.
If you were able to purchase this property for the estimated value of £258,280, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,269 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 HM Land Registry, 36, Cherry Street, Wigston was last sold on 14 Jul 2006 for £114,950 and was recorded as a freehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 36, Cherry Street, Wigston within a radius of 710 metres over the last 2 years.
The most recent example is 26, Orchards Drive, Wigston, LE18 2BW, a Freehold house which sold for £234,000 in Mar 2023.
Read more about house prices in LE18.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cherry Street, Wigston, LE18 has a total of 49 addresses. According to our analysis of all the public data, 36, Cherry Street, Wigston is the 7th largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £3k less expensive than the average property in LE18.
The closest station to 36, Cherry Street, Wigston is South Wigston station which is 1.0 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 36, Cherry Street, Wigston, 35.9% of property is privately owned with a mortgage and 28.2% is socially rented.
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 36, Cherry Street, Wigston, 26.2% of residents are recorded as possessing school level qualifications and 20.4% 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 36, Cherry Street, Wigston, the average age was 41.6 and the most common age was 52.
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 36, Cherry Street, 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 36, Cherry Street, Wigston, there are an average of 1.1 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.