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Company No. 11113204
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VAT No. GB 287 0845 68
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According to the public record, 41, Mere Road, Wigston is a early-century freehold house with 871 ft2 of internal area and sits on a 470 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 41, Mere Road, Wigston is £287,790 and the estimated rental value is £1,068 per month.
Mere Road, Wigston, LE18 is located in the borough of Oadby and Wigston within the LE18 postal district.
41, Mere Road, Wigston has 21 entries in the Land Registry , most recently in May 2023 and a single entry in the EPC database dated June 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
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 41, Mere Road, Wigston is in very good condition we estimate a sale value of £302,180 and a rental value of £1,121 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £267,645 and a rental value of £993 per month.
Over the last 12 months the sale value of 41 Mere Road Wigston has decreased by an estimated £6,057 (2.1%) and its rental value has increased by an estimated £24 per month (2.3%), giving an expected gross yield of 4.5%.
According to data from HM Land Registry, 41, Mere Road, Wigston sits on a plot of 470m2.
We have plot size data on 37 out of 40 other houses in the postcode and 41, Mere Road, Wigston sits on the 3rd largest plot.
41, Mere Road, Wigston has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 Jun 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 41, Mere Road, Wigston was last sold on 5th May 2023 for £240,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since May 2023, the market for similar properties has dropped 10.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 41, Mere Road, Wigston within a radius of 540 metres over the last 2 years.
The most recent example is 103, Oadby Road, Wigston, LE18 3RQ, a freehold house which sold for £258,000 on the 1st August 2024.
Read more about house prices in LE18.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mere Road, Wigston, LE18 has a total of 159 addresses. According to our analysis of all the public data, 41, Mere Road, Wigston is the 137th largest and the 129th most expensive property on the street.
When compared to the postcode district it is £26k more expensive than the average property in LE18.
The closest station to 41, Mere Road, Wigston is South Wigston station which is 2.4 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
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 41, Mere Road, Wigston, 53.8% of property is privately owned outright and 43.0% is privately owned with a mortgage.
The graph below shows how this compares to East Midlands 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 41, Mere Road, Wigston, 20.0% of residents are recorded as possessing school level qualifications and 30.6% as possessing degree level qualifications.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 41, Mere Road, Wigston, the average age was 43.3 and the most common age was 57.
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 41, Mere Road, Wigston, 0.5% 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 41, Mere Road, Wigston, there are an average of 1.5 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
