According to the public record, 8, Georgeham Close, Wigston is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 979 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Georgeham Close, Wigston, LE18 is located in the borough of Oadby and Wigston within the LE18 postal district.
8, Georgeham Close, Wigston has 2 entries in the Land Registry database, most recently in December 2006 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 8 Georgeham Close Wigston as £257,393 and the rental value as £1,123 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of 8 Georgeham Close Wigston has increased by £4,916 (1.9%) and its rental value has increased by £32 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, Georgeham Close, Wigston is in very good condition we estimate a sale value of £270,262 and rental value of £1,179 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £239,375 and a rental value of £1,044 per month.
If you were able to purchase this property for the estimated value of £257,393, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,265 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 HM Land Registry, 8, Georgeham Close, Wigston was last sold on 18 Dec 2006 for £148,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Georgeham Close, Wigston within a radius of 550 metres over the last 2 years.
The most recent example is 16, Truro Drive, Wigston, LE18 2JD, a Freehold house which sold for £275,000 in May 2024.
Read more about house prices in LE18.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Georgeham Close, Wigston, LE18 has a total of 38 addresses. According to our analysis of all the public data, 8, Georgeham Close, Wigston is the 18th largest and the 34th most expensive property on the street.
When compared to the postcode district it is £4k less expensive than the average property in LE18.
The closest station to 8, Georgeham Close, Wigston is South Wigston station which is 1.9 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, Georgeham Close, Wigston, 53.7% of property is privately owned outright and 32.4% 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, Georgeham Close, Wigston, 19.3% of residents are recorded as possessing school level qualifications and 22.6% 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, Georgeham 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, Georgeham Close, 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 8, Georgeham Close, Wigston, there are an average of 1.3 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.