According to the public record, 8, Burnham Close, Wigston is a mid-century freehold house with 753 ft2 of internal area and sits on a 128 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Burnham Close, Wigston, LE18 is located in the borough of Oadby and Wigston within the LE18 postal district.
8, Burnham Close, Wigston has a single entry in the Land Registry database from January 2023 and a single entry in the EPC database dated August 2022.
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 Burnham Close Wigston as £214,172 and the rental value as £1,030 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 8 Burnham Close Wigston has increased by £3,459 (1.6%) 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 8, Burnham Close, Wigston is in very good condition we estimate a sale value of £224,881 and rental value of £1,082 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £199,180 and a rental value of £958 per month.
If you were able to purchase this property for the estimated value of £214,172, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,053 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, Burnham Close, Wigston sits on a plot of 128m2.
We have plot size data on 18 out of 21 other houses in the postcode and 8, Burnham Close, Wigston sits on the 15th largest plot.
According to HM Land Registry, 8, Burnham Close, Wigston was last sold on 27 Jan 2023 for £216,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jan 2023, the market for similar properties has dropped 1.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Burnham Close, Wigston within a radius of 880 metres over the last 2 years.
The most recent example is 9, Burnham Close, Wigston, LE18 2QT, a Freehold house which sold for £224,000 in Nov 2022.
Read more about house prices in LE18.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Burnham Close, Wigston, LE18 has a total of 21 addresses. According to our analysis of all the public data, 8, Burnham Close, Wigston is the 19th largest and the 19th most expensive property on the street.
When compared to the postcode district it is £48k less expensive than the average property in LE18.
8, Burnham Close, Wigston has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 15 Aug 2022.
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, Burnham Close, Wigston is South Wigston station which is 2.2 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 8, Burnham Close, Wigston, 44.0% of property is privately owned outright and 39.7% 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, Burnham Close, Wigston, 17.2% of residents are recorded as possessing school level qualifications and 29.4% 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 8, Burnham Close, 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, Burnham Close, Wigston, 1.4% 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, Burnham Close, 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.