According to the public record, 5, Milton Close, Wigston is a mid-century freehold house with 893 ft2 of internal area and sits on a 198 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Milton Close, Wigston, LE18 is located in the borough of Oadby and Wigston within the LE18 postal district.
5, Milton Close, Wigston has 2 entries in the Land Registry database, most recently in December 2020 and a single entry in the EPC database dated October 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 5 Milton Close Wigston as £229,755 and the rental value as £1,098 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of 5 Milton Close Wigston has increased by £4,285 (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, Milton Close, Wigston is in very good condition we estimate a sale value of £241,243 and rental value of £1,153 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £213,672 and a rental value of £1,021 per month.
If you were able to purchase this property for the estimated value of £229,755, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,129 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, Milton Close, Wigston sits on a plot of 198m2.
We have plot size data on 4 out of 14 other houses in the postcode and 5, Milton Close, Wigston sits on the 3rd largest plot.
According to HM Land Registry, 5, Milton Close, Wigston was last sold on 11 Dec 2020 for £190,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Dec 2020, the market for similar properties has risen 15.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Milton Close, Wigston within a radius of 550 metres over the last 2 years.
The most recent example is 29, Linford Close, Wigston, LE18 3PZ, a Freehold house which sold for £242,000 in Jul 2023.
Read more about house prices in LE18.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Milton Close, Wigston, LE18 has a total of 14 addresses. According to our analysis of all the public data, 5, Milton Close, Wigston is the 12th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £32k less expensive than the average property in LE18.
5, Milton Close, Wigston has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 Oct 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 5, Milton Close, Wigston is South Wigston station which is 2.5 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 5, Milton Close, Wigston, 48.1% of property is privately owned outright and 36.4% 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, Milton Close, Wigston, 21.9% of residents are recorded as possessing school level qualifications and 21.1% 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, Milton Close, 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 5, Milton Close, Wigston, 1.2% 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, Milton Close, Wigston, there are an average of 1.5 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.