According to the public record, 54, Cherry Street, Wigston is a period freehold house with 1,097 ft2 of internal area and sits on a 170 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.
54, Cherry Street, Wigston has 2 entries in the Land Registry database, most recently in January 2014 and a single entry in the EPC database dated January 2013.
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 54 Cherry Street Wigston as £219,465 and the rental value as £1,097 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 54 Cherry Street Wigston has increased by £4,181 (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 54, Cherry Street, Wigston is in very good condition we estimate a sale value of £230,438 and rental value of £1,152 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £204,103 and a rental value of £1,020 per month.
If you were able to purchase this property for the estimated value of £219,465, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,079 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, 54, Cherry Street, Wigston sits on a plot of 170m2.
We have plot size data on 20 out of 32 other houses in the postcode and 54, Cherry Street, Wigston sits on the 17th largest plot.
According to HM Land Registry, 54, Cherry Street, Wigston was last sold on 31 Jan 2014 for £112,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jan 2014, the market for similar properties has risen 76.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 54, Cherry Street, Wigston within a radius of 710 metres over the last 2 years.
The most recent example is 13, Pullman Road, Wigston, LE18 2DA, a Freehold house which sold for £203,000 in May 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, 54, Cherry Street, Wigston is the 8th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £42k less expensive than the average property in LE18.
54, Cherry Street, Wigston has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 Jan 2013.
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 54, 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 54, 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 54, 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 54, 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 54, 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 54, 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.