According to the public record, 38, Cherry Street, Wigston is a period freehold house with 1,138 ft2 of internal area and sits on a 197 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Cherry Street, Wigston, LE18 is located in the borough of Oadby and Wigston within the LE18 postal district.
38, Cherry Street, Wigston has 21 entries in the Land Registry database, most recently in May 2010 and a single entry in the EPC database dated April 2009.
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 Cherry Street Wigston as £222,974 and the rental value as £1,103 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 38 Cherry Street Wigston has increased by £4,248 (1.9%) 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 38, Cherry Street, Wigston is in very good condition we estimate a sale value of £234,123 and rental value of £1,158 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £207,366 and a rental value of £1,026 per month.
If you were able to purchase this property for the estimated value of £222,974, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,096 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, Cherry Street, Wigston sits on a plot of 197m2.
We have plot size data on 20 out of 32 other houses in the postcode and 38, Cherry Street, Wigston sits on the 4th largest plot.
According to HM Land Registry, 38, Cherry Street, Wigston was last sold on 28 May 2010 for £115,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since May 2010, the market for similar properties has risen 81.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 38, Cherry Street, Wigston within a radius of 720 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, 38, Cherry Street, Wigston is the 4th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £39k less expensive than the average property in LE18.
38, Cherry Street, Wigston has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 14 Apr 2009.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to 38, 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 38, 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 38, 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 38, 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 38, 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 38, 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.