According to the public record, Alfrace, Wigston is a modern freehold house with 3,293 ft2 of internal area and sits on a 2,970 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.
Alfrace, Wigston has a single entry in the Land Registry database from March 2016 and a single entry in the EPC database dated July 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 Alfrace Wigston as £775,873 and the rental value as £2,226 per month giving an expected gross yield of 3.4%.
Over the last 12 months the sale value of Alfrace Wigston has increased by £6,405 (0.8%) and its rental value has increased by £45 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 Alfrace, Wigston is in very good condition we estimate a sale value of £814,667 and rental value of £2,337 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £721,562 and a rental value of £2,070 per month.
If you were able to purchase this property for the estimated value of £775,873, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,813 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, Alfrace, Wigston sits on a plot of 2970m2.
We have plot size data on 6 out of 9 other houses in the postcode and Alfrace, Wigston sits on the 3rd largest plot.
According to HM Land Registry, Alfrace, Wigston was last sold on 31 Mar 2016 for £510,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Mar 2016, the market for similar properties has risen 42.4%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 1.4 kilometres radius of Alfrace, Wigston over the last 2 years.
The most recent example is 6, Oswins View, Wigston, LE18 3WX, a Freehold house which sold for £549,995 in Nov 2020.
Read more about house prices in LE18.
Newton Lane, Wigston, LE18 has a total of 70 addresses. According to our analysis of all the public data, Alfrace, Wigston is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £514k more expensive than the average property in LE18.
Alfrace, Wigston has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 Jul 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using an electric air source heat pump and underfloor heating.
The closest station to Alfrace, Wigston is South Wigston station which is 3.7 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 Alfrace, 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 Alfrace, 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 Alfrace, 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 Alfrace, 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 Alfrace, 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.