According to the public record, 8, Kelmarsh Avenue, Wigston is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 1,045 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Kelmarsh Avenue, Wigston, LE18 is located in the borough of Oadby and Wigston within the LE18 postal district.
8, Kelmarsh Avenue, Wigston has a single entry in the Land Registry database from May 2007 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 Kelmarsh Avenue Wigston as £345,372 and the rental value as £1,174 per month giving an expected gross yield of 4.1%.
Over the last 12 months the sale value of 8 Kelmarsh Avenue Wigston has increased by £6,441 (1.9%) and its rental value has increased by £33 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, Kelmarsh Avenue, Wigston is in very good condition we estimate a sale value of £362,640 and rental value of £1,233 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £321,196 and a rental value of £1,092 per month.
If you were able to purchase this property for the estimated value of £345,372, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,697 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, Kelmarsh Avenue, Wigston was last sold on 25 May 2007 for £219,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2007, the market for similar properties has risen 66.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Kelmarsh Avenue, Wigston within a radius of 530 metres over the last 2 years.
The most recent example is 3, Kelmarsh Avenue, Wigston, LE18 3QW, a Freehold house which sold for £325,000 in Jan 2023.
Read more about house prices in LE18.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Kelmarsh Avenue, Wigston, LE18 has a total of 38 addresses. According to our analysis of all the public data, 8, Kelmarsh Avenue, Wigston is the 26th largest and the 26th most expensive property on the street.
When compared to the postcode district it is £84k more expensive than the average property in LE18.
The closest station to 8, Kelmarsh Avenue, Wigston is South Wigston station which is 2.3 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, Kelmarsh Avenue, Wigston, 47.7% of property is privately owned outright and 24.8% 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, Kelmarsh Avenue, Wigston, 13.6% of residents are recorded as possessing school level qualifications and 28.3% 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 8, Kelmarsh Avenue, Wigston, the average age was 41.6 and the most common age was 52.
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, Kelmarsh Avenue, Wigston, 0.9% 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, Kelmarsh Avenue, 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.