According to the public record, 8, Arndale, Wigston is a modern freehold house with 1,245 ft2 of internal area and sits on a 411 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Arndale, Wigston, LE18 is located in the borough of Oadby and Wigston within the LE18 postal district.
8, Arndale, Wigston has 21 entries in the Land Registry database, most recently in April 2011 and a single entry in the EPC database dated March 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 8 Arndale Wigston as £400,341 and the rental value as £1,248 per month giving an expected gross yield of 3.7%.
Over the last 12 months the sale value of 8 Arndale Wigston has increased by £3,305 (0.8%) and its rental value has increased by £25 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 8, Arndale, Wigston is in very good condition we estimate a sale value of £420,358 and rental value of £1,310 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £372,317 and a rental value of £1,161 per month.
If you were able to purchase this property for the estimated value of £400,341, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,968 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, 8, Arndale, Wigston sits on a plot of 411m2.
We have plot size data on 7 out of 22 other houses in the postcode and 8, Arndale, Wigston sits on the 4th largest plot.
According to HM Land Registry, 8, Arndale, Wigston was last sold on 08 Apr 2011 for £280,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Apr 2011, the market for similar properties has risen 76.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Arndale, Wigston within a radius of 650 metres over the last 2 years.
The most recent example is 45, Gregory Way, Wigston, LE18 3UT, a Freehold house which sold for £399,995 in Oct 2021.
Read more about house prices in LE18.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Arndale, Wigston, LE18 has a total of 22 addresses. According to our analysis of all the public data, 8, Arndale, Wigston is the 21st largest and the 21st most expensive property on the street.
When compared to the postcode district it is £139k more expensive than the average property in LE18.
8, Arndale, Wigston has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 01 Mar 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 8, Arndale, Wigston is South Wigston station which is 2.9 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 8, Arndale, Wigston, 45.2% of property is privately owned outright and 36.3% 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 8, Arndale, Wigston, 15.2% of residents are recorded as possessing school level qualifications and 40.8% 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 8, Arndale, 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 8, Arndale, Wigston, 1.3% 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 8, Arndale, Wigston, there are an average of 1.7 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.