According to the public record, 5, Launceston Road, Wigston is a mid-century house with 882 ft2 of internal area and sits on a 268 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Launceston Road, Wigston, LE18 is located in the borough of Oadby and Wigston within the LE18 postal district.
5, Launceston Road, Wigston has no recent1 records in the Land Registry database and a single entry in the EPC database dated March 2020.
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 5 Launceston Road Wigston as £259,253 and the rental value as £1,119 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of 5 Launceston Road Wigston has increased by £4,830 (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 5, Launceston Road, Wigston is in very good condition we estimate a sale value of £272,216 and rental value of £1,175 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £241,105 and a rental value of £1,040 per month.
If you were able to purchase this property for the estimated value of £259,253, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,274 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, 5, Launceston Road, Wigston sits on a plot of 268m2.
We have plot size data on 4 out of 9 other houses in the postcode and 5, Launceston Road, Wigston sits on the 4th largest plot.
According to HM Land Registry, 5, Launceston Road, Wigston was last sold on 03 May 2002 for £94,500 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 5, Launceston Road, Wigston within a radius of 570 metres over the last 2 years.
The most recent example is 38, Seaton Road, Wigston, LE18 2BY, a Freehold house which sold for £274,000 in Oct 2023.
Read more about house prices in LE18.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Launceston Road, Wigston, LE18 has a total of 106 addresses. According to our analysis of all the public data, 5, Launceston Road, Wigston is the 16th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £2k less expensive than the average property in LE18.
5, Launceston Road, Wigston has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 Mar 2020.
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 5, Launceston Road, Wigston is South Wigston station which is 1.5 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 5, Launceston Road, Wigston, 64.6% of property is privately owned outright and 26.0% 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 5, Launceston Road, Wigston, 12.3% of residents are recorded as possessing school level qualifications and 21.8% 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 5, Launceston 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 5, Launceston Road, Wigston, 1.1% 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 5, Launceston Road, 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.