According to the public record, 7, Bakewell Road, Wigston is a mid-century freehold house with 861 ft2 of internal area and sits on a 218 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Bakewell Road, Wigston, LE18 is located in the borough of Oadby and Wigston within the LE18 postal district.
7, Bakewell Road, Wigston has 2 entries in the Land Registry database, most recently in August 2022 and a single entry in the EPC database dated January 2020.
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 7 Bakewell Road Wigston as £265,673 and the rental value as £1,114 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of 7 Bakewell Road Wigston has increased by £4,434 (1.7%) and its rental value has increased by £35 per month (3.2%).
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 7, Bakewell Road, Wigston is in very good condition we estimate a sale value of £278,956 and rental value of £1,169 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £247,076 and a rental value of £1,036 per month.
If you were able to purchase this property for the estimated value of £265,673, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,306 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, 7, Bakewell Road, Wigston sits on a plot of 218m2.
We have plot size data on 12 out of 24 other houses in the postcode and 7, Bakewell Road, Wigston sits on the 9th largest plot.
According to HM Land Registry, 7, Bakewell Road, Wigston was last sold on 12 Aug 2022 for £292,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Aug 2022, the market for similar properties has dropped 1.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Bakewell Road, Wigston within a radius of 520 metres over the last 2 years.
The most recent example is 6, Warmsley Avenue, Wigston, LE18 1GE, a Freehold house which sold for £266,000 in Jun 2023.
Read more about house prices in LE18.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bakewell Road, Wigston, LE18 has a total of 24 addresses. According to our analysis of all the public data, 7, Bakewell Road, Wigston is the 12th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £4k more expensive than the average property in LE18.
7, Bakewell Road, Wigston has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Jan 2020.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 7, Bakewell Road, 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 7, Bakewell Road, Wigston, 48.4% of property is privately owned outright and 37.1% 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 7, Bakewell Road, Wigston, 16.7% of residents are recorded as possessing school level qualifications and 27.3% 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 7, Bakewell Road, Wigston, the average age was 43.3 and the most common age was 57.
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 7, Bakewell Road, Wigston, 1.0% 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 7, Bakewell 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.