Stay up to date
Stay up to date
Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
Connect me with
an Estate Agent
Our partner Agents appear here!
Book a demo
Find an Estate
Agent
According to the public record, 44, Penney Close, Wigston is a modern leasehold apartment with 215 ft2 of internal area.
Apartments of this size in this area are normally studios.
Based on available information, and assuming reasonable condition, the estimated sale value for 44, Penney Close, Wigston is £70,439 and the estimated rental value is £437 per month.
Penney Close, Wigston, LE18 is located in the borough of Oadby and Wigston within the LE18 postal district.
44, Penney Close, Wigston has 21 entries in the Land Registry , most recently in November 2007 and a single entry in the EPC database dated December 2020.
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 44, Penney Close, Wigston is in very good condition we estimate a sale value of £73,961 and a rental value of £459 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £65,508 and a rental value of £406 per month.
Over the last 12 months the sale value of 44 Penney Close Wigston has decreased by an estimated £1,324 (1.9%) and its rental value has increased by an estimated £11 per month (2.6%), giving an expected gross yield of 7.4%.
44, Penney Close, Wigston has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 Dec 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to HM Land Registry, 44, Penney Close, Wigston was last sold on 30th November 2007 for £61,500 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since November 2007, the market for similar properties has risen 39.0%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 530 metres radius of 44, Penney Close, Wigston over the last 2 years.
The most recent example is 42, Penney Close, Wigston, LE18 1AN, a leasehold flat which sold for £66,000 on the 31st January 2020.
Read more about house prices in LE18.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Penney Close, Wigston, LE18 has a total of 62 addresses. According to our analysis of all the public data, 44, Penney Close, Wigston is the 62nd largest and the 62nd most expensive property on the street.
When compared to the postcode district it is £191k less expensive than the average property in LE18.
The closest station to 44, Penney Close, Wigston is South Wigston station which is 1.7 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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 44, Penney Close, Wigston, 43.5% of property is privately owned outright and 32.1% 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 44, Penney Close, Wigston, 16.6% of residents are recorded as possessing school level qualifications and 32.6% 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 44, Penney Close, 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 44, Penney Close, Wigston, 0.3% 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 44, Penney 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.
