FREEPHONE 0800 044 3733 Lines Open 24/7
FREE Cash Offer CALL US on FREEPHONE0800 044 3733
You are here: Property Solvers Home Homeowners Hub UK House Prices House Prices in Wigston

Wigston House Prices Wigston House Prices

The average house price in Wigston is £207,750 using HM Land Registry data.

The average property price increased by £62,865 (28.52%) over the last 5 years and increased by £12,564 (4.64%) over the last 12 months.

Over the last year, there were 307 residential property sales – a decrease of 234 transactions (-76.22%) relative to the previous year. The majority of house sales (75) 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 76 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-9,420 (-2%).

In April 2024, there were 77 new estate agency instructions, 37 agreed home sales and 40 property price reductions.

Neighbouring Areas: Leicester, Oadby

Postcodes Covered: LE18, LE2

5-Year Average Property Prices in Wigston

28.52%

Property prices in Wigston increased by 28.52% 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 Wigston Over the Last Year

4.64%

Property prices in Wigston increased by 4.64% 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 Wigston - April 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 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some 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 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 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 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 Wigston since 1995

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

Recent Property Sales in Wigston

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
63 Gloucester Crescent, Wigston, Leicestershire, LE18 4YF£265,000£260,000-£5,00031 Oct 202301 Mar 2024122 Days
15 Cheshire Drive, Wigston, Leicestershire, LE18 4WA£290,000£290,000£0022 Apr 202329 Feb 2024313 Days
5 Baldwin Road, Leicester, LE2 6HB£310,000£307,000-£3,00027 Oct 202313 Feb 2024109 Days
6 Dale Avenue, Wigston, Leicestershire, LE18 1BL£290,000£290,000£0024 May 202330 Jan 2024251 Days
73 Glengate, Wigston, Leicestershire, LE18 4SQ£170,000£170,000£0026 Sep 202329 Jan 2024125 Days
132 Gloucester Crescent, Wigston, Leicestershire, LE18 4YG£250,000£250,000£0008 Sep 202326 Jan 2024140 Days
4 Ingrams Way, Wigston, Leicestershire, LE18 3TU£234,700£220,000-£14,70004 Sep 202319 Jan 2024137 Days
81 Canal Street, Wigston, Leicestershire, LE18 4PN£155,000£150,000-£5,00031 Jul 202316 Jan 2024169 Days
21 Grangeway Road, Wigston, Leicestershire, LE18 1JE£350,000£345,000-£5,00030 Jun 202312 Jan 2024196 Days
38 Rolleston Road, Wigston, Leicestershire, LE18 2EP£250,000£230,000-£20,00015 Jun 202305 Jan 2024204 Days
192 Lansdowne Grove, Wigston, Leicestershire, LE18 4LY£250,000£245,000-£5,00024 Jul 202319 Dec 2023148 Days
Flat 12, Amesbury Court, Launceston Road, Wigston, Leicestershire, LE18 2FY£130,000£125,000-£5,00002 Aug 202318 Dec 2023138 Days
10 Heddington Way, Leicester, LE2 6HF£240,000£230,000-£10,00027 Jul 202313 Dec 2023139 Days
17 Pullman Road, Wigston, Leicestershire, LE18 2DA£199,950£195,000-£4,95014 Jun 202311 Dec 2023180 Days
89 Kirkdale Road, Wigston, Leicestershire, LE18 4SR£170,000£166,000-£4,00022 Sep 202306 Dec 202375 Days
3 Brailsford Road, Wigston, Leicestershire, LE18 1BG£270,000£257,500-£12,50001 Sep 202305 Dec 202395 Days
26 Homestead Drive, Wigston, Leicestershire, LE18 2HN£250,000£243,000-£7,00010 Aug 202301 Dec 2023113 Days
186 Aylestone Lane, Wigston, Leicestershire, LE18 1BD£220,000£210,000-£10,00016 Aug 202301 Dec 2023107 Days
26 Baldwin Avenue, Wigston, Leicestershire, LE18 4LD£170,000£170,000£0017 Aug 202330 Nov 2023105 Days
17 Devonshire Avenue, Wigston, Leicestershire, LE18 4LP£179,950£175,000-£4,95005 Jul 202330 Nov 2023148 Days

Most Expensive Streets in Wigston

PostcodeStreetAreaAverageNo. of Sales
LE18 3YUAshpole SpinneyWigston£550,4954
LE2 5JBThe OvalOadby£534,2147
LE18 3WXOswins ViewWigston£508,8527
LE18 3YTHurst CloseWigston£474,8839
LE18 3UYLangham RoadWigston£468,99011
LE18 3ULSeddon RoadWigston£461,59510
LE18 3YSEuropa RoadWigston£432,24516
LE18 3YNGlaisdale RoadWigston£426,0003
LE18 3UBJohnson CloseWigston£424,16112
LE18 1PHReynolds ChaseWigston£418,7504

Least Expensive Streets in Wigston

PostcodeStreetAreaAverageNo. of Sales
LE18 4TJBates CourtWigston£70,1663
LE18 4TRJasmine CourtWigston£89,30010
LE18 2NGBushloe CourtBlunts Lane£103,8577
LE18 2DDParlour CourtParlour Close£105,2916
LE18 2FYAmesbury CourtLaunceston Road£109,2857
LE18 1PAThe LimesBull Head Street, Wigston£113,5003
LE18 1ANPenney CloseWigston£125,5717
LE18 2BQKingswood CourtLong Street, Wigston£126,9287
LE18 4QAIrlam StreetWigston£135,8005
LE18 4THStation StreetWigston£138,8005

Explore Wigston and Neighbouring Area House Prices

Sell Your
House Fast
Property Auctions Leicester
Property Auctions Leicester
We Buy
Any House
House
Valuation
Tools

Selling?
Get Your FREE
House Valuation Report

Office for National Statistics & Land Registry

We Are Regulated:

Property Ombudsman
Gov.UK Money Laundering Regulations
Trading Standards Approved
National Association of Property Buyers (NAPB)
ICO Registered
NAEA PropertyMark