Local market reports › LE area › LE18 › LE18 1
South Wigston market report LE18 1, Wigston
The standing LE18 1 (South Wigston) property market report, rebuilt from the full public record every month. The raw material for this page is 3,758 HM Land Registry entries for LE18 1 (Wigston), going back to 1995: each an actual purchase at an actual price. Rents come from the ONS. Valuations, estimates and asking prices appear nowhere in it.
Covers registered sales to 2026 and ONS rents for May 2026. Refreshed monthly as new sales reach the register.
In short: the typical home in LE18 1 (Wigston) sold for £269,800 in 2026, the median of 46 registered sales, up 14% on five years earlier. The mean was £269,900, and by floor area homes here have averaged about £3,200 per square metre over the last five years. The figures cover 3,758 sales recorded by HM Land Registry since 1995 and refresh with each monthly release: completed sale prices, not valuations or asking prices.
LE18 1 is one sector of LE18 (Wigston): a handful of streets, and the most local view the sold record can give. The price of that locality is lumpier charts, because each year's median rests on fewer sales.
Where LE18 1 sits
Shaded by median price on the same scale as the average prices map. Click any shape to open it on the live map with every sale plotted at its address, or zoom in past street level to see the sold homes right here.
LE18 1 sold prices: where the market stands
In the LE18 1 property market, the 2026 median sale price is £269,800, from 46 registered sales; the mean, the "average house price" most sites quote, is £269,900, sitting practically level with it: prices here bunch tightly around the middle.
House prices per square metre in LE18 1
The last five years of sales put LE18 1 at roughly £3,200 per square metre. That figure, built from each sale's Energy Performance Certificate floor area, is the one that makes a small flat and a big house comparable.
For scale: the England and Wales median is £285,000, so LE18 1 trades 5% below the country as a whole.
The price of a typical LE18 1 home, 1995 to 2026
The cash median beside its inflation-adjusted twin (ONS CPIH). The adjusted line answers the harder question, whether homes really got dearer. Hover for the figures; the legend toggles each series.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £269,800 | £269,800 | 46 |
| 2025 | £276,500 | £283,112 | 106 |
| 2024 | £255,000 | £271,117 | 100 |
| 2023 | £270,000 | £296,664 | 103 |
| 2022 | £275,000 | £322,469 | 105 |
| 2021 | £236,200 | £299,060 | 156 |
| 2020 | £225,000 | £291,942 | 100 |
| 2019 | £215,000 | £281,814 | 120 |
| 2018 | £205,000 | £273,269 | 119 |
| 2017 | £190,000 | £259,141 | 118 |
| 2016 | £175,000 | £244,827 | 138 |
| 2015 | £162,000 | £228,906 | 127 |
| 2014 | £150,000 | £212,801 | 113 |
| 2013 | £145,000 | £208,641 | 104 |
| 2012 | £145,000 | £213,422 | 83 |
| 2011 | £144,500 | £218,139 | 76 |
| 2010 | £147,500 | £231,318 | 115 |
| 2009 | £140,000 | £225,051 | 97 |
| 2008 | £140,000 | £229,490 | 80 |
| 2007 | £155,000 | £262,923 | 142 |
| 2006 | £146,500 | £254,305 | 147 |
| 2005 | £145,000 | £258,042 | 147 |
| 2004 | £139,000 | £252,451 | 153 |
| 2003 | £117,000 | £215,542 | 145 |
| 2002 | £90,000 | £169,334 | 166 |
| 2001 | £73,500 | £141,300 | 131 |
| 2000 | £67,000 | £131,488 | 123 |
| 1999 | £60,000 | £119,577 | 146 |
| 1998 | £58,000 | £117,077 | 133 |
| 1997 | £52,200 | £107,052 | 130 |
| 1996 | £50,000 | £105,448 | 88 |
| 1995 | £46,400 | £100,866 | 101 |
In cash terms the typical LE18 1 home went from £46,400 in 1995 to £269,800 in 2026, roughly 6 times the price. Even after inflation that is a real rise of about 167%: homes here genuinely became dearer, not merely more expensive on paper. In inflation-adjusted terms the high-water mark was 2022. The market now sits about 16% below it, so a peak-time purchase has yet to recover its real value.
Year-on-year change in the LE18 1 median
Each bar is the change on the year before, in cash. The zero line is the boundary between rising and falling.
The strongest year on record here is 2003 (+30.0% on the year before); the weakest, 2008 (−9.7%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
Growth per year, over one to twenty years
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | −2.4% | −4.7% |
| 5 years (since 2021) | +2.7% | −2.0% |
| 10 years (since 2016) | +4.4% | +1.0% |
| 20 years (since 2006) | +3.1% | +0.3% |
Compound annual growth of the median sold price; the real column deflates by ONS CPIH. Annualised figures smooth the cycle (the chart above shows the cycle), and past growth is a record, not a forecast.
The turnover behind the prices
How many homes change hands
Each bar is a year's recorded sales. 2008's dip is the financial crisis, and the newest bar always grows for a while as late registrations arrive.
LE18 1 recorded 46 sales in the last twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 144 sales a year before the financial crisis and 92 a year over the last five. Watch the volume as closely as the price. Thin years make jumpy medians, where one street's sales can move the figure, and the newest year is always incomplete because registrations trail completions by weeks or months.
Reading the LE18 1 market
This is a thin market: 46 sales in the last twelve months of data. With that few transactions, one street selling well (or one block of cheap transfers) can move the median, so read the year lines as a range rather than a verdict.
Rents around LE18 1
The local authority for LE18 1 is Oadby and Wigston, and its ONS average private rent currently stands at £1,024 a month (May 2026 figures). The spread runs from £733 a month for a typical one-bed to £1,562 at four-plus bedrooms, which is size doing most of the pricing.
Average monthly rent by size, Oadby and Wigston
ONS Price Index of Private Rents, May 2026.
£1,024 a month is £12,288 a year, which against the £269,800 median sold price makes a gross yield of 4.6%. Gross means before letting costs, voids, maintenance and tax: treat it as a ceiling. The ONS publishes rents by local authority, so neighbouring districts under the same authority share these numbers.
Common questions on LE18 1 (South Wigston)
Are property prices falling in LE18 1 (South Wigston)?
Is LE18 1 (South Wigston) a good place to buy a house?
How much did a house sell for in LE18 1 (South Wigston)?
Will LE18 1 prices rise from here?
That question has no honest answer, only evidence. The evidence: the median is up 14% over five years in cash but down 10% after inflation. Weigh the volume chart alongside the price one before deciding anything, and bear in mind every figure is a completed sale that reached the register weeks after completion.
On the market in LE18 today
This is what you could actually buy today: 188 homes currently on the market from 10 agents publishing to HomesIndex.
These cover the whole LE18 district, not just LE18 1: live asking prices are collected per district.
29% of current listings sit under the prices comparable homes actually fetched. The comparison behind each listing uses recent recorded sales of similar homes close by.
The "under comparable sales" label measures each asking price against real nearby sales of similar homes: an opening position for a conversation rather than a valuation. The home itself still needs looking at.
See every LE18 home for sale on the map →
Live asking prices from estate agents who publish a feed to HomesIndex, refreshed every Monday and Thursday: a sample of the market, not every home for sale. Asking prices are not sale prices.
Bedroom by bedroom: LE prices by size
What homes of each size actually sold for across the LE area, from the Land Registry record. How much a size step costs is a local fact: the third-bedroom premium runs from about a quarter to nearly four fifths depending on the area, and national rules of thumb miss it.
| Type | 1 bed | 2 bed | 3 bed | 4 bed | 5 bed |
|---|---|---|---|---|---|
| Detached | — | £285,000 | £380,000 (+33%) | £560,000 (+47%) | £795,000 (+42%) |
| Semi-detached | £210,000 | £242,000 (+15%) | £282,000 (+17%) | £360,000 (+28%) | £500,000 (+39%) |
| Terraced | £183,000 | £205,000 (+12%) | £243,500 (+19%) | £310,000 (+27%) | £402,500 (+30%) |
| Flat | £125,000 | £152,750 (+22%) | £210,000 (+37%) | — | — |
Built from the last four years of recorded sales by form and bedroom count. Bedroom counts are estimated from EPC records (the register carries none), so expect a small number of homes one size adrift. Sizes with too few homes to be meaningful are left blank.
The risers and the fallers
The spread across the LE area is the point: the same five years treated these districts very differently.
Five-year change in the median, LE area districts
Cash-terms risers and fallers across the area; click any row for that district's full report.
Other sectors in LE18
Prices can differ sharply between two sectors a few minutes' walk apart. The rest of LE18, each linking to its own report:
| Sector | Median (latest) | Sales that year |
|---|---|---|
| LE18 2 | £250,000 | 33 |
| LE18 3 | £270,000 | 49 |
| LE18 4 | £185,000 | 30 |
Zoom out to the full LE18 district report for the type split, monthly volumes and how LE18 compares with its neighbours.
Selling a home in LE18 1? Price it on the evidence
The sold record beats any estimate as a starting point. Before a house valuation or flat valuation in LE18 1, open the average prices map and zoom from the LE18 1 shading down to the sold homes on your own street. Every recorded LE18 1 sale is on this page; the same Land Registry record is what agents price from, and it is now in your hands.
For local estate agents: each district report carries one featured-agent spot, free while founding places last. Claim LE18 1.
Go deeper
Answers come from the same Land Registry data behind this report, and the AI knows you are asking about LE18 1. Free, with a one click sign in.
Two maps carry on from here: every LE18 1 sale at its exact address, and the average prices map from area shading down to single homes. The report tool answers a specific question in writing, and each sale's mortgage and rent calculator prices a real purchase.
About the numbers: everything is computed from HM Land Registry Price Paid Data (Crown copyright, OGL v3.0), geocoded to the address; today's-money figures use the ONS CPIH index, and rents are the ONS Price Index of Private Rents by local authority. These are medians of recorded sales, not valuations, and none of it is financial advice.