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House Prices in LE18 House Prices in LE18 (Wigston)

The average house price in LE18 (Wigston) is £261,204 using HM Land Registry data.

The average property price increased by £41,864 (29.6%) over the last 5 years and increased by £8,386 (4.36%) over the last 12 months.

Over the last year, there were 330 residential property sales – a decrease of 80 transactions (-24.24%) relative to the previous year. The majority of house sales (81) were in the £206,000 - £242,000 range. Then came properties in the £242,000 - £278,000 range, where 76 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 163 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,872 (-2%).

In January 2025, there were 69 new estate agency instructions, 57 agreed home sales and 59 property price reductions.

Nearby Postcodes: LE1, LE16, LE17, LE19, LE2, LE21, LE3, LE5, LE55, LE7, LE8, LE87, LE9

5-Year Average Property Prices in LE18 (Wigston)

29.6%

Property prices in LE18 (Wigston) increased by 29.6% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in LE18 (Wigston) Over the Last Year

4.36%

Property prices in LE18 (Wigston) increased by 4.36% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for LE18 (Wigston) - January 2025

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in LE18 (Wigston)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in LE18 (Wigston)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in LE18 (Wigston)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the LE18 (Wigston) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the LE18 postcode area since 1995.

Recent Sales in LE18 (Wigston)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
61 Park Road, Wigston, Leicestershire, LE18 4QD£170,000£164,000-£6,00022 Jul 202416 Dec 2024147 Days
1 Waterloo Crescent, Wigston, Leicestershire, LE18 3QJ£180,000£169,000-£11,00011 Nov 202425 Nov 202414 Days
19 Central Avenue, Wigston, Leicestershire, LE18 2AB£195,000£183,150-£11,85010 May 202425 Nov 2024199 Days
58 Winslow Drive, Wigston, Leicestershire, LE18 3QG£450,000£425,000-£25,00030 May 202422 Nov 2024176 Days
22 Mablowe Field, Wigston, Leicestershire, LE18 3UJ£210,000£207,500-£2,50010 Apr 202422 Nov 2024226 Days
40 Spa Lane, Wigston, Leicestershire, LE18 3QD£250,000£243,000-£7,00014 May 202422 Nov 2024192 Days
21 Culworth Drive, Wigston, Leicestershire, LE18 3XG£250,000£250,000£031 May 202422 Nov 2024175 Days
22 Clipstone Gardens, Wigston, Leicestershire, LE18 3UN£325,000£157,500-£167,50003 Oct 202221 Nov 2024780 Days
9 Mablowe Field, Wigston, Leicestershire, LE18 3UJ£279,950£275,000-£4,95020 Apr 202419 Nov 2024213 Days
1 Wye Dean Drive, Wigston, Leicestershire, LE18 3UE£300,000£285,000-£15,00014 Aug 202419 Nov 202497 Days
11 Park Road, Wigston, Leicestershire, LE18 4QD£150,000£150,000£014 Sep 202415 Nov 202462 Days
11 Halcroft Rise, Wigston, Leicestershire, LE18 2HS£240,000£240,000£009 May 202408 Nov 2024183 Days
21 Gladstone Street, Wigston, Leicestershire, LE18 1AE£265,000£257,000-£8,00021 Jun 202408 Nov 2024140 Days
110 Moat Street, Wigston, Leicestershire, LE18 2GE£180,000£169,000-£11,00001 Aug 202424 Oct 202484 Days
50 Kingston Avenue, Wigston, Leicestershire, LE18 1HJ£240,000£235,000-£5,00001 May 202418 Oct 2024170 Days
41 Alport Way, Wigston, Leicestershire, LE18 3WN£199,950£192,500-£7,45022 Feb 202411 Oct 2024232 Days
31 Gladstone Street, Wigston, Leicestershire, LE18 1AE£180,000£179,000-£1,00019 Apr 202404 Oct 2024168 Days
56 Acorn Way, Wigston, Leicestershire, LE18 3YA£250,000£250,000£008 Feb 202427 Sep 2024232 Days
20 Orchards Drive, Wigston, Leicestershire, LE18 2BW£220,000£220,000£008 Mar 202426 Sep 2024202 Days
20 Amesbury Road, Wigston, Leicestershire, LE18 2RB£280,000£270,000-£10,00011 Apr 202420 Sep 2024162 Days

Most Expensive Streets in LE18 (Wigston)

PostcodeStreetAreaAverageNo. of Sales
LE18 3YUAshpole SpinneyWigston£544,6208
LE18 3YQNorton CloseWigston£528,7955
LE18 3WXOswins ViewWigston£508,8527
LE18 3UYLangham RoadWigston£485,5677
LE18 3YTHurst CloseWigston£474,8839
LE18 3PSWhitegates FieldWigston£473,3333
LE18 3ULSeddon RoadWigston£469,66212
LE18 3UUClayhill FieldWigston£445,99512
LE18 3YSEuropa RoadWigston£428,11317
LE18 3YNGlaisdale RoadWigston£426,0003

Least Expensive Streets in LE18 (Wigston)

PostcodeStreetAreaAverageNo. of Sales
LE18 4TJBates CourtWigston£70,1663
LE18 4TRJasmine CourtWigston£93,0009
LE18 2NGBushloe Court, Blunts LaneWigston£101,6005
LE18 2DDParlour Court, Parlour CloseWigston£105,2509
LE18 1ANPenney CloseWigston£113,7506
LE18 2FYAmesbury Court, Launceston RoadWigston£118,0005
LE18 2BQKingswood Court, Long Street, WigstonWigston£129,7857
LE18 4QAIrlam StreetWigston£138,2504
LE18 4THStation StreetWigston£144,5004
LE18 3ADLime Delph RoadWigston£148,87010

Explore LE18 (Wigston) using map

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