According to the public record, 7, Herrick Way, Wigston is a modern freehold house with 2,158 ft2 of internal area and sits on a 249 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Herrick Way, Wigston, LE18 is located in the borough of Oadby and Wigston within the LE18 postal district.
7, Herrick Way, Wigston has a single entry in the Land Registry database from August 2010 and a single entry in the EPC database dated December 2009.
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 Herrick Way Wigston as £541,851 and the rental value as £1,665 per month giving an expected gross yield of 3.7%.
Over the last 12 months the sale value of 7 Herrick Way Wigston has increased by £4,473 (0.8%) and its rental value has increased by £34 per month (2.0%).
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, Herrick Way, Wigston is in very good condition we estimate a sale value of £568,943 and rental value of £1,748 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £503,921 and a rental value of £1,548 per month.
If you were able to purchase this property for the estimated value of £541,851, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,663 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, Herrick Way, Wigston sits on a plot of 249m2.
We have plot size data on 19 out of 39 other houses in the postcode and 7, Herrick Way, Wigston sits on the 10th largest plot.
According to HM Land Registry, 7, Herrick Way, Wigston was last sold on 27 Aug 2010 for £229,950 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Aug 2010, the market for similar properties has risen 72.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Herrick Way, Wigston within a radius of 610 metres over the last 2 years.
The most recent example is 6, Blackwell Close, Wigston, LE18 3LN, a Freehold house which sold for £455,000 in Nov 2019.
Read more about house prices in LE18.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Herrick Way, Wigston, LE18 has a total of 39 addresses. According to our analysis of all the public data, 7, Herrick Way, Wigston is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £280k more expensive than the average property in LE18.
7, Herrick Way, Wigston has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Dec 2009.
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 7, Herrick Way, Wigston is South Wigston station which is 2.5 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, Herrick Way, Wigston, 45.7% of property is privately owned outright and 45.0% 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 7, Herrick Way, Wigston, 17.3% of residents are recorded as possessing school level qualifications and 35.4% 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 7, Herrick Way, 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 7, Herrick Way, 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 7, Herrick Way, Wigston, there are an average of 1.6 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.