According to the public record, 56, Newgate End, Wigston is a modern freehold house with 465 ft2 of internal area and sits on a 106 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Newgate End, Wigston, LE18 is located in the borough of Oadby and Wigston within the LE18 postal district.
56, Newgate End, Wigston has 21 entries in the Land Registry database, most recently in November 2016 and a single entry in the EPC database dated February 2011.
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 56 Newgate End Wigston as £193,918 and the rental value as £829 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of 56 Newgate End Wigston has increased by £5,379 (2.8%) and its rental value has increased by £30 per month (3.7%).
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 56, Newgate End, Wigston is in very good condition we estimate a sale value of £203,614 and rental value of £871 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £180,344 and a rental value of £771 per month.
If you were able to purchase this property for the estimated value of £193,918, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £953 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, 56, Newgate End, Wigston sits on a plot of 106m2.
We have plot size data on 17 out of 33 other houses in the postcode and 56, Newgate End, Wigston sits on the 16th largest plot.
According to HM Land Registry, 56, Newgate End, Wigston was last sold on 25 Nov 2016 for £210,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Nov 2016, the market for similar properties has risen 51.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 56, Newgate End, Wigston within a radius of 540 metres over the last 2 years.
The most recent example is 31, Georgeham Close, Wigston, LE18 2HZ, a Freehold house which sold for £159,500 in Dec 2021.
Read more about house prices in LE18.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Newgate End, Wigston, LE18 has a total of 33 addresses. According to our analysis of all the public data, 56, Newgate End, Wigston is the 33rd largest and the 32nd most expensive property on the street.
When compared to the postcode district it is £68k less expensive than the average property in LE18.
56, Newgate End, Wigston has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Feb 2011.
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 56, Newgate End, Wigston is South Wigston station which is 1.7 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 56, Newgate End, Wigston, 59.2% of property is privately owned outright and 18.4% 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 56, Newgate End, Wigston, 6.6% of residents are recorded as possessing school level qualifications and 19.8% 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 56, Newgate End, 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 56, Newgate End, Wigston, 0.4% 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 56, Newgate End, Wigston, there are an average of 0.9 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.