According to the public record, 61, Penzance Avenue, Wigston is a mid-century freehold house with 667 ft2 of internal area and sits on a 401 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Penzance Avenue, Wigston, LE18 is located in the borough of Oadby and Wigston within the LE18 postal district.
61, Penzance Avenue, Wigston has 31 entries in the Land Registry database, most recently in January 2017 and a single entry in the EPC database dated August 2014.
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 61 Penzance Avenue Wigston as £213,533 and the rental value as £993 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 61 Penzance Avenue Wigston has increased by £5,175 (2.4%) and its rental value has increased by £33 per month (3.3%).
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 61, Penzance Avenue, Wigston is in very good condition we estimate a sale value of £224,210 and rental value of £1,043 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £198,586 and a rental value of £924 per month.
If you were able to purchase this property for the estimated value of £213,533, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,049 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, 61, Penzance Avenue, Wigston sits on a plot of 401m2.
We have plot size data on 24 out of 38 other houses in the postcode and 61, Penzance Avenue, Wigston sits on the 2nd largest plot.
According to HM Land Registry, 61, Penzance Avenue, Wigston was last sold on 13 Jan 2017 for £150,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Jan 2017, the market for similar properties has risen 46.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 61, Penzance Avenue, Wigston within a radius of 570 metres over the last 2 years.
The most recent example is 21, Salcombe Close, Wigston, LE18 2FX, a Freehold house which sold for £200,000 in Sep 2022.
Read more about house prices in LE18.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Penzance Avenue, Wigston, LE18 has a total of 71 addresses. According to our analysis of all the public data, 61, Penzance Avenue, Wigston is the 67th largest and the 67th most expensive property on the street.
When compared to the postcode district it is £48k less expensive than the average property in LE18.
61, Penzance Avenue, Wigston has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 22 Aug 2014.
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 61, Penzance Avenue, Wigston is South Wigston station which is 1.8 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 61, Penzance Avenue, Wigston, 43.5% of property is privately owned outright and 43.5% 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 61, Penzance Avenue, Wigston, 15.6% of residents are recorded as possessing school level qualifications and 25.8% 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 61, Penzance Avenue, 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 61, Penzance Avenue, 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 61, Penzance Avenue, 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.