According to the public record, 6, Stanhope Road, Wigston is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 734 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Stanhope Road, Wigston, LE18 is located in the borough of Oadby and Wigston within the LE18 postal district.
6, Stanhope Road, Wigston has 31 entries in the Land Registry database, most recently in October 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 6 Stanhope Road Wigston as £289,704 and the rental value as £1,027 per month giving an expected gross yield of 4.3%.
Over the last 12 months the sale value of 6 Stanhope Road Wigston has increased by £5,275 (1.8%) and its rental value has increased by £29 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 6, Stanhope Road, Wigston is in very good condition we estimate a sale value of £304,189 and rental value of £1,078 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £269,425 and a rental value of £955 per month.
If you were able to purchase this property for the estimated value of £289,704, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,424 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 HM Land Registry, 6, Stanhope Road, Wigston was last sold on 17 Oct 2007 for £155,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Oct 2007, the market for similar properties has risen 69.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 6, Stanhope Road, Wigston within a radius of 570 metres over the last 2 years.
The most recent example is 14, Baysdale, Wigston, LE18 3XL, a Freehold house which sold for £267,000 in Jul 2023.
Read more about house prices in LE18.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Stanhope Road, Wigston, LE18 has a total of 47 addresses. According to our analysis of all the public data, 6, Stanhope Road, Wigston is the 47th largest and the 45th most expensive property on the street.
When compared to the postcode district it is £28k more expensive than the average property in LE18.
The closest station to 6, Stanhope Road, Wigston is South Wigston station which is 2.4 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 6, Stanhope Road, Wigston, 60.5% of property is privately owned outright and 24.0% 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 6, Stanhope Road, Wigston, 13.4% of residents are recorded as possessing school level qualifications and 29.1% 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 6, Stanhope 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 6, Stanhope Road, Wigston, 2.1% 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 6, Stanhope Road, Wigston, there are an average of 1.4 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.