According to the public record, 40, Kelmarsh Avenue, Wigston is a mid-century apartment with 559 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Kelmarsh Avenue, Wigston, LE18 is located in the borough of Oadby and Wigston within the LE18 postal district.
40, Kelmarsh Avenue, Wigston has no records in the Land Registry database and a single entry in the EPC database dated March 2016.
We combine this information with public data 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 40 Kelmarsh Avenue Wigston as £135,738 and the rental value as £689 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of 40 Kelmarsh Avenue Wigston has increased by £2,281 (1.7%) and its rental value has increased by £18 per month (2.6%).
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 40, Kelmarsh Avenue, Wigston is in very good condition we estimate a sale value of £142,525 and rental value of £724 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £126,237 and a rental value of £641 per month.
If you were able to purchase this property for the estimated value of £135,738, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £667 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Kelmarsh Avenue, Wigston within a radius of 540 metres over the last 2 years.
The most recent example is 12, Boulter Crescent, Wigston, LE18 3WY, a Leasehold flat which sold for £140,000 in Mar 2022.
Read more about house prices in LE18.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Kelmarsh Avenue, Wigston, LE18 has a total of 38 addresses. According to our analysis of all the public data, 40, Kelmarsh Avenue, Wigston is the 36th largest and the 36th most expensive property on the street.
When compared to the postcode district it is £126k less expensive than the average property in LE18.
40, Kelmarsh Avenue, Wigston has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 Mar 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 40, Kelmarsh Avenue, Wigston is South Wigston station which is 2.3 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 40, Kelmarsh Avenue, Wigston, 47.7% of property is privately owned outright and 24.8% 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 40, Kelmarsh Avenue, Wigston, 13.6% of residents are recorded as possessing school level qualifications and 28.3% 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 40, Kelmarsh Avenue, 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 40, Kelmarsh Avenue, Wigston, 0.9% 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 40, Kelmarsh Avenue, Wigston, there are an average of 1.3 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.