According to the public record, 38, Primrose Wray Road, Wigston is a modern freehold house with 1,765 ft2 of internal area.
Houses of this size in this area normally have 5 bedrooms with a garden.
Primrose Wray Road, Wigston, LE18 is located in the borough of Oadby and Wigston within the LE18 postal district.
38, Primrose Wray Road, Wigston has a single entry in the Land Registry database from June 2023 and a single entry in the EPC database dated May 2023.
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 good condition, we estimate the current sale value for 38 Primrose Wray Road Wigston as £499,945 and the rental value as £1,572 per month giving an expected gross yield of 3.8%.
Over the last 12 months the sale value of 38 Primrose Wray Road Wigston has increased by £4,196 (0.8%) and its rental value has increased by £31 per month (2.0%).
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, Primrose Wray Road, Wigston is in very good condition we estimate a sale value of £524,943 and rental value of £1,650 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £464,949 and a rental value of £1,462 per month.
If you were able to purchase this property for the estimated value of £499,945, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,457 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, 38, Primrose Wray Road, Wigston was last sold on 23 Jun 2023 for £584,995 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jun 2023, the market for similar properties has risen 0.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 38, Primrose Wray Road, Wigston within a radius of 840 metres over the last 2 years.
The most recent example is 32, Clayhill Field, Wigston, LE18 3UX, a Freehold house which sold for £519,995 in May 2023.
Read more about house prices in LE18.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Primrose Wray Road, Wigston, LE18 has a total of 51 addresses. According to our analysis of all the public data, 38, Primrose Wray Road, Wigston is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £238k more expensive than the average property in LE18.
38, Primrose Wray Road, Wigston has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 26 May 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 38, Primrose Wray Road, Wigston is South Wigston station which is 2.9 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 38, Primrose Wray Road, Wigston, 44.0% of property is privately owned outright and 39.7% 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, Primrose Wray Road, Wigston, 17.2% of residents are recorded as possessing school level qualifications and 29.4% 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, Primrose Wray Road, Wigston, the average age was 45.8 and the most common age was 72.
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, Primrose Wray Road, Wigston, 1.4% 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, Primrose Wray Road, Wigston, there are an average of 1.6 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.