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Leicestershire

Wigston
development finance.

Expert property development finance in Wigston, Leicestershire. Median price £275,000, 755 annual sales. We connect developers with competitive funding from 100+ lenders.

Median price
£275k
Sales (12m)
755
YoY change
0%
Leicester historic buildings near body of water

Property finance
in Wigston.

Wigston - leicester suburb with strong family housing demand and good city connectivity. With a median property price of £275,000 and 755 transactions in the last twelve months, Wigston represents a steady market.

Detached homes command a median of £380,000 while flats average £122,000, reflecting the breadth of Wigston's residential market. New-build activity is notable, with 19 new-build transactions recorded over the past year - a signal of active development demand.

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
£275,000
Sales (12m)
755
YoY change
Flat
Approved (recent)
21
Pipeline units
562
Pipeline GDV
£150.0M

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£1,835,250
Senior Debt (65% LTGDV)£1,079,000
Equity Required£756,250
Interest (18m)£121,388
Profit on Cost-15.2%
Senior Debt£1,079,000
Equity£756,250

Land Registry data

Recent property sales
in Wigston.

755 residential transactions in the last twelve months. Median sold price £275,000. 19 new-build transactions with a +44.5% premium over existing stock.

Detached

£380,000

Semi-Detached

£263,500

Terraced

£197,000

Flat

£122,000

DateAddressTypePrice
17 Aug 202621, GLOUCESTER CRESCENTLE18 4YDSemi-Detached£300,000
17 Aug 202620, THURLOW CLOSELE2 4TGDetached£378,500
14 Aug 202632, COOMBE RISELE2 5TTSemi-Detached£301,875
14 Aug 202636, WINDLASS DRIVELE18 4NWSemi-Detached£300,000
14 Aug 20261, MEADOWCOURT ROADLE2 2PDDetached£775,000
13 Aug 20263, CHESHIRE DRIVELE18 4WASemi-Detached£230,000
13 Aug 2026129, LONDON ROADLE2 5DPDetached£357,500
7 Aug 202626, RAILWAY STREETLE18 4QESemi-Detached£235,000
7 Aug 202650, CARLTON DRIVELE18 1DFSemi-Detached£290,000
7 Aug 20268, TYRINGHAM ROADLE18 3QASemi-Detached£285,000

Planning pipeline

Planning activity
in Wigston.

21 approved (last 15 months)
·
14 pending
·562 units in pipeline·£150.0M estimated GDV·58% approval rate (last 15 months)

Recently Approved

RefProposalUnitsEst. GDVStatus
25/00337/FUL

Demolition of existing Public House and erection of 14no. dwellings and associat…

Near LE18 2EQ

14£3.9MPending
25/00055/FUL

Proposed replacement dwelling

Near LE2 4HE

1£275,000Pending
25/00453/REM

Reserved Matters to Outline Planning Permission 23/00044/OUT for 1 dwelling (App…

Near LE18 2BS

1£275,000Pending
26/00036/FUL

Partial change of use of ground floor from use Class E to use Class C4

Near LE18 4PH

0-Pending
26/00035/FUL

Demolition of existing dwelling and erection of a self-build replacement dwellin…

Near LE2 2HG

1£275,000Pending

Current Applications

RefProposalUnitsEst. GDVStatus
26/00310/FUL

Change of use (ground floor) of former veterinary practice (Class E) to 2no. fla…

Near LE18 2AR

2£244,000Pending
26/00304/FUL

Change of use from offices to 2No. Retail Units (ground floor), 2No. self contai…

Near LE18 4SZ

2£244,000Pending
26/00305/OUT

Outline application for subdivision of the plot and erection of a new dwelling w…

Near LE18 3RT

1£275,000Pending
26/00308/FUL

Change of use from dwelling house (C3) to 5x bedroom residential care home (C2) …

Near LE18 2EQ

0-Pending
26/00288/OUT

Outline planning application with all matters reserved, other than vehicular acc…

Near LE2 5WT

190£52.3MPending

Source: HM Land Registry price paid data, 12 months to October 2026 · Oadby and Wigston planning register, retrieved October 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 £275,000, based on Land Registry transactions over the past 12 months. Broken down by type: detached homes at £380,000, semi-detached properties at £263,500, terraced houses at £197,000, flats at £122,000.
Is Wigston a good area for property development?
Wigston recorded 755 property transactions in the last 12 months. 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.