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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
7, Cumberland Road, Wigston is recorded publicly as a mid-century freehold house across 656 ft2 of internal area, sitting on a 518 m2 plot.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 7, Cumberland Road, Wigston is £238,991 and its rental estimate is £941 per month, given the available information and assuming reasonable condition.
Cumberland Road, Wigston, LE18 falls within the LE18 postal district, in the borough of Oadby and Wigston.
7, Cumberland Road, Wigston has 21 entries in the Land Registry , most recently in September 2017 and a single entry in the EPC database dated November 2013.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 7, Cumberland Road, Wigston, we estimate a market value of £250,940 and a rental value of £989 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £222,261 and £876 per month respectively.
Over the last year, 7, Cumberland Road, Wigston has seen its estimated sale value drop by £123 (0.1%) and its estimated rental value rise by £28 per month (3.0%). This results in an estimated gross rental yield of 4.7%.
HM Land Registry records the plot of land for 7, Cumberland Road, Wigston as measuring 518 m2.
That makes it the 5th largest plot in the postcode, where all 46 other houses have recorded plot data.
7, Cumberland Road, Wigston has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Nov 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 7, Cumberland Road, Wigston completed on 8th September 2017 at £190,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 23.7% over the period since September 2017.
Over the past 2 years 3 properties similar to 7, Cumberland Road, Wigston have sold within a radius of 730 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 2nd December 2024, was 8, Cumberland Road, Wigston, LE18 4XL, a freehold house which sold for £290,000.
Read more about house prices in LE18.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 46 addresses on Cumberland Road, Wigston, LE18, 7, Cumberland Road, Wigston comes out as the 42nd largest and the 42nd most expensive in our analysis of the public data.
It is also £25k less expensive than the average property across the LE18 district.
From 7, Cumberland Road, Wigston, the nearest station is South Wigston, 700 metres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
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The recent census recorded whether a resident owned or rented their home.
In the area around 7, Cumberland Road, Wigston, 57.3% of property is privately owned outright and 31.3% 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 7, Cumberland Road, Wigston, 10.2% of residents are recorded as possessing school level qualifications and 21.6% 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 7, Cumberland Road, Wigston, the average age was 40.5 and the most common age was 32.
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 7, Cumberland Road, Wigston, 1.1% 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 7, Cumberland Road, Wigston, there are an average of 1.4 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
