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House Prices in LE18

The average house price in LE18 (Wigston) is £216,916 using HM Land Registry data.

The average property price increased by £67,544 (29.6%) over the last 5 years and increased by £13,503 (4.36%) over the last 12 months.

Over the last year, there were 299 residential property sales – a decrease of 227 transactions (-75.92%) relative to the previous year. The majority of house sales (73) were in the £242,000 - £278,000 range. Then came properties in the £206,000 - £242,000 range, where 59 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 49 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-10,522 (-3%).

In June 2024, there were 50 new estate agency instructions, 56 agreed home sales and 32 property price reductions.

5-Year Average Property Prices in LE18 (Wigston)

29.6%

Property prices in 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 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.

Property Market Heat Gauge for LE18 (Wigston) - June 2024

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 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date).Others simply reduce the price to a level that will entice more buyer 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)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
119 Mere Road, Wigston, Leicestershire, LE18 3RN	£325,000	£321,500	-£3,500	25 Oct 2023	19 Apr 2024	177 Days
12 Midland Cottages, Wigston, Leicestershire, LE18 2BU	£180,000	£177,500	-£2,500	06 Oct 2023	11 Apr 2024	188 Days
40 Estoril Avenue, Wigston, Leicestershire, LE18 3RD	£250,000	£240,000	-£10,000	23 Oct 2023	08 Apr 2024	168 Days
12 Durham Drive, Wigston, Leicester, LE18 4XN	£230,000	£225,000	-£5,000	02 Nov 2023	05 Apr 2024	155 Days
59 Roehampton Drive, Wigston, Leicestershire, LE18 1HT	£290,000	£275,000	-£15,000	04 Dec 2023	05 Apr 2024	123 Days
12 Nidderdale Road, Wigston, Leicestershire, LE18 3XW	£270,000	£257,000	-£13,000	13 Sep 2023	28 Mar 2024	197 Days
9 Willow Park Drive, Wigston, Leicestershire, LE18 1EB	£280,000	£275,000	-£5,000	09 Jun 2023	26 Mar 2024	291 Days
5 Foxton Lock Close, Wigston, Leicestershire, LE18 4NH	£210,000	£210,000	£00	15 Aug 2023	22 Mar 2024	220 Days
89 Repton Road, Wigston, Leicestershire, LE18 1GD	£190,000	£178,000	-£12,000	26 Oct 2023	08 Mar 2024	134 Days
63 Gloucester Crescent, Wigston, Leicestershire, LE18 4YF	£265,000	£260,000	-£5,000	31 Oct 2023	01 Mar 2024	122 Days
15 Cheshire Drive, Wigston, Leicestershire, LE18 4WA	£290,000	£290,000	£00	22 Apr 2023	29 Feb 2024	313 Days
68 Park Road, Wigston, Leicestershire, LE18 4QD	£220,000	£209,000	-£11,000	08 Aug 2023	01 Feb 2024	177 Days
92 Newton Lane, Wigston, Leicestershire, LE18 3SF	£475,000	£440,000	-£35,000	11 Aug 2023	31 Jan 2024	173 Days
6 Dale Avenue, Wigston, Leicestershire, LE18 1BL	£290,000	£290,000	£00	24 May 2023	30 Jan 2024	251 Days
73 Glengate, Wigston, Leicestershire, LE18 4SQ	£170,000	£170,000	£00	26 Sep 2023	29 Jan 2024	125 Days
132 Gloucester Crescent, Wigston, Leicestershire, LE18 4YG	£250,000	£250,000	£00	08 Sep 2023	26 Jan 2024	140 Days
110 Ruskington Drive, Wigston, Leicestershire, LE18 1LY	£280,000	£270,000	-£10,000	03 Nov 2023	24 Jan 2024	82 Days
16 Wiltshire Road, Wigston, Leicestershire, LE18 2FJ	£210,000	£210,000	£00	13 Jun 2023	23 Jan 2024	224 Days
4 Ingrams Way, Wigston, Leicestershire, LE18 3TU	£234,700	£220,000	-£14,700	04 Sep 2023	19 Jan 2024	137 Days
16 Winslow Drive, Wigston, Leicestershire, LE18 3QG	£240,000	£238,500	-£1,500	07 Sep 2023	19 Jan 2024	134 Days

Most Expensive Streets in LE18 (Wigston)

Postcode	Street	Area	Average	No. of Sales
LE18 3YU	Ashpole Spinney	Wigston	£544,620	8
LE18 3WX	Oswins View	Wigston	£508,852	7
LE18 3YT	Hurst Close	Wigston	£474,883	9
LE18 3UY	Langham Road	Wigston	£465,324	12
LE18 3UL	Seddon Road	Wigston	£457,631	11
LE18 3UU	Clayhill Field	Wigston	£440,879	13
LE18 3YS	Europa Road	Wigston	£432,348	17
LE18 3YN	Glaisdale Road	Wigston	£426,000	3
LE18 1JP	Granville Road	Wigston	£423,700	10
LE18 3UX	Clayhill Field	Wigston	£423,138	21

Least Expensive Streets in LE18 (Wigston)

Postcode	Street	Area	Average	No. of Sales
LE18 4TJ	Bates Court	Wigston	£70,166	3
LE18 4TR	Jasmine Court	Wigston	£88,888	9
LE18 2NG	Bushloe Court, Blunts Lane	Wigston	£103,857	7
LE18 2DD	Parlour Court, Parlour Close	Wigston	£107,035	7
LE18 1AN	Penney Close	Wigston	£109,142	7
LE18 2FY	Amesbury Court, Launceston Road	Wigston	£112,500	6
LE18 1PA	The Limes, Bull Head Street, Wigston	Wigston	£113,500	3
LE18 2BQ	Kingswood Court, Long Street, Wigston	Wigston	£126,928	7
LE18 1NR	Leicester Road	Wigston	£128,500	3
LE18 4QA	Irlam Street	Wigston	£135,800	5