According to the public record, 38, Chellaston Road, Wigston is a mid-century freehold house with 785 ft2 of internal area and sits on a 247 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Chellaston Road, Wigston, LE18 is located in the borough of Oadby and Wigston within the LE18 postal district.
38, Chellaston Road, Wigston has a single entry in the Land Registry database from June 2017 and a single entry in the EPC database dated August 2016.
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 38 Chellaston Road Wigston as £276,105 and the rental value as £1,076 per month giving an expected gross yield of 4.7%.
Over the last 12 months the sale value of 38 Chellaston Road Wigston has increased by £4,608 (1.7%) and its rental value has increased by £34 per month (3.2%).
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 38, Chellaston Road, Wigston is in very good condition we estimate a sale value of £289,911 and rental value of £1,129 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £256,778 and a rental value of £1,000 per month.
If you were able to purchase this property for the estimated value of £276,105, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,357 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, 38, Chellaston Road, Wigston sits on a plot of 247m2.
We have plot size data on 24 out of 39 other houses in the postcode and 38, Chellaston Road, Wigston sits on the 20th largest plot.
According to HM Land Registry, 38, Chellaston Road, Wigston was last sold on 26 Jun 2017 for £172,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jun 2017, the market for similar properties has risen 35.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 38, Chellaston Road, Wigston within a radius of 520 metres over the last 2 years.
The most recent example is 3, Chellaston Road, Wigston, LE18 1FR, a Freehold house which sold for £285,000 in Dec 2023.
Read more about house prices in LE18.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Chellaston Road, Wigston, LE18 has a total of 39 addresses. According to our analysis of all the public data, 38, Chellaston Road, Wigston is the 24th largest and the 24th most expensive property on the street.
When compared to the postcode district it is £14k more expensive than the average property in LE18.
38, Chellaston Road, Wigston has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 Aug 2016.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 38, Chellaston Road, Wigston is South Wigston station which is 1.6 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 38, Chellaston Road, Wigston, 48.4% of property is privately owned outright and 37.1% 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 38, Chellaston Road, Wigston, 16.7% of residents are recorded as possessing school level qualifications and 27.3% 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 38, Chellaston 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 38, Chellaston Road, Wigston, 1.0% 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 38, Chellaston Road, Wigston, there are an average of 1.4 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.