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Leicestershire

Wigston
development finance.

Expert property development finance in Wigston, Leicestershire. Median price £272,750, 504 annual sales. We connect developers with competitive funding from 100+ lenders.

Median price
£273k
Sales (12m)
504
YoY change
-1.6%
Leicester historic buildings near body of water

Wigston, Leicestershire

Property finance
in Wigston.

Wigston - leicester suburb with strong family housing demand and good city connectivity. With a median property price of £272,750 and 504 transactions in the last twelve months, Wigston represents a steady market with prices down 1.6% year-on-year.

Detached homes command a median of £380,000 while flats average £119,000, reflecting the breadth of Wigston's residential market. Terraced houses sit at £192,000, offering developers a range of scheme types from conversions to ground-up residential.

Whether you need development finance for a ground-up scheme, bridging finance to secure a site at auction, or mezzanine finance to stretch your capital stack, our brokers arrange the full range of property finance across Wigston and the wider Leicestershire area. Each deal is structured around your specific project, with terms negotiated from our panel of over 100 lenders.

Live market data

Wigston
market snapshot.

HM Land Registry sold-price data for Wigston over the last twelve months, alongside the live local planning pipeline. Updated weekly.

Median price
£272,750
Sales (12m)
504
YoY change
-1.6%
Pipeline units
1
Pipeline GDV
£273,250

Wigston development appraisal

Model the numbers
for your scheme.

Pre-populated with Wigston median prices and typical senior-debt pricing. Adjust the inputs to match your deal and we will hand the working assumptions through to the Deal Room.

Scheme Inputs

Pre-populated with Wigston median prices. Adjust to match your scheme.

£
£
£
%

Build cost pre-filled at £2,150/sqm (regional benchmark) for a 6-unit scheme. Assumes 10% professional fees, 10% contingency, 65% LTGDV senior debt, 18-month term. Full calculator →

Capital Structure

Total Cost£1,830,000
Senior Debt (65% LTGDV)£1,064,700
Equity Required£765,300
Interest (18m)£119,779
Profit on Cost-16.0%
Senior Debt£1,064,700
Equity£765,300

Land Registry data

Recent property sales
in Wigston.

504 residential transactions in the last twelve months. Median sold price £272,750 (-1.6% YoY). 6 new-build transactions with a +51.1% premium over existing stock.

Detached

£380,000

Semi-Detached

£260,000

Terraced

£192,000

Flat

£119,000

DateAddressTypePrice
22 Jun 2026ALFRACE, NEWTON LANELE18 3SHDetached£850,000
19 Jun 20264, ROMAN HILLLE18 3SUTerraced£186,000
18 Jun 202632, CLIPSTONE CLOSELE18 3QSSemi-Detached£265,000
17 Jun 202651, FOXHUNTER DRIVELE2 5FGSemi-Detached£205,000
17 Jun 202630, JASMINE COURTLE18 4TRFlat£70,000
12 Jun 202615, WOBURN CLOSELE18 3XBDetached£330,000
12 Jun 20261, BODENHAM CLOSELE18 2REDetached£332,500
11 Jun 202626, BRAILSFORD ROADLE18 1BGDetached£309,800
11 Jun 20268, FIR TREE CLOSELE18 1JDDetached£340,000
11 Jun 2026SOUTH COTTAGE, SAFFRON ROADLE18 4UQDetached£180,000

Planning pipeline

Planning activity
in Wigston.

54 residential applications awaiting decision
·1 units in pipeline·£272,750 estimated GDV

Current Applications

RefProposalUnitsEst. GDVStatus
26/00294/FUL

Two storey and single-storey rear extension, a single-storey front extension, a …

138 Saffron Road Wigston Leicestershire LE18 4UP

--Pending
26/00284/FUL

Replacement of the existing front boundary wall and entrance gate with a new wal…

31 The Fairway Oadby Leicestershire LE2 2HN

--Pending
26/00281/FUL

Single storey side and rear extension

41 Rolleston Road Wigston Leicestershire LE18 2EQ

--Pending
26/00280/FUL

Two storey side/rear extension and single storey rear extension

16 Waldron Drive Oadby Leicestershire LE2 4PJ

--Pending
26/00274/FUL

Two storey and single storey rear extensions, loft conversion and alterations to…

224 Wigston Road Oadby Leicestershire LE2 5JE

--Pending

Source: HM Land Registry price paid data, 12 months to August 2026 · Oadby & Wigston Borough Council planning register, retrieved August 2026. Contains HM Land Registry data © Crown copyright and database right, licensed under the Open Government Licence v3.0.

Common questions

Property finance in Wigston
— answered.

What is the average property price in Wigston?
The median property price in Wigston is £272,750, based on Land Registry transactions over the past 12 months. Broken down by type: detached homes at £380,000, semi-detached properties at £260,000, terraced houses at £192,000, flats at £119,000.
Is Wigston a good area for property development?
Wigston recorded 504 property transactions in the last 12 months, with prices adjusting 1.6% year-on-year - creating potential value opportunities for developers. Leicester suburb with strong family housing demand and good city connectivity. Active transaction volumes indicate a liquid market where completed developments can achieve timely sales.
What types of property finance are available in Wigston?
We arrange the full range of property development finance in Wigston: development finance for ground-up schemes, bridging loans for auction purchases and chain breaks, mezzanine finance to stretch your capital stack, refurbishment finance for conversion projects, commercial mortgages for income-producing assets, equity and joint ventures for larger schemes, and development exit finance for completed projects awaiting sales.
How do I apply for development finance in Wigston?
Start by submitting your deal through our Deal Room with your project details - site address, purchase price, build costs, and expected end value. Our team will review your scheme, model the funding structure, and present you with terms from our panel of over 100 lenders within 48 hours. There's no upfront fee and no obligation until you choose to proceed.
What are typical development finance rates in Wigston?
Development finance rates for Wigston projects typically range from 7-11% per annum, depending on scheme size, developer experience, and leverage. For a scheme with a GDV of around £1.6M, you could expect senior debt at 60-70% of GDV with rates from 7.5%. Arrangement fees are usually 1-2% of the facility. We negotiate the best available terms from our lender panel for each deal.

Where we fund

Wigston,
Leicestershire.

Ready when you are

Tell us the deal.
We’ll recommend the structure.

Submit your development finance enquiry in Wigston and a partner will come back with an initial structure and indicative terms within one working day. No forms-for-forms’-sake — a short note on the scheme is enough.