According to the public record, 97, Newton Lane, Wigston is a modern freehold house with 1,410 ft2 of internal area and sits on a 925 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Newton Lane, Wigston, LE18 is located in the borough of Oadby and Wigston within the LE18 postal district.
97, Newton Lane, Wigston has a single entry in the Land Registry database from January 2023 and a single entry in the EPC database dated February 2014.
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 97 Newton Lane Wigston as £491,105 and the rental value as £1,423 per month giving an expected gross yield of 3.5%.
Over the last 12 months the sale value of 97 Newton Lane Wigston has increased by £4,054 (0.8%) and its rental value has increased by £29 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 97, Newton Lane, Wigston is in very good condition we estimate a sale value of £515,660 and rental value of £1,494 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £456,727 and a rental value of £1,324 per month.
If you were able to purchase this property for the estimated value of £491,105, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,414 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, 97, Newton Lane, Wigston sits on a plot of 925m2.
We have plot size data on 6 out of 9 other houses in the postcode and 97, Newton Lane, Wigston sits on the 5th largest plot.
According to HM Land Registry, 97, Newton Lane, Wigston was last sold on 05 Jan 2023 for £525,000 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 1.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 97, Newton Lane, Wigston within a radius of 590 metres over the last 2 years.
The most recent example is 6, Whitegates Field, Wigston, LE18 3PS, a Freehold house which sold for £550,000 in Dec 2022.
Read more about house prices in LE18.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Newton Lane, Wigston, LE18 has a total of 70 addresses. According to our analysis of all the public data, 97, Newton Lane, Wigston is the 30th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £229k more expensive than the average property in LE18.
97, Newton Lane, Wigston has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 17 Feb 2014.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 97, Newton Lane, Wigston is South Wigston station which is 3.7 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 97, Newton Lane, Wigston, 43.4% 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 97, Newton Lane, Wigston, 17.2% of residents are recorded as possessing school level qualifications and 32.7% 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 97, Newton Lane, 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 97, Newton Lane, 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 97, Newton Lane, 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.