Wigston Property Market: House Prices, Sold Data & Development Finance, Q3 2026 Edition

Wigston: Leicester suburb with strong family housing demand and good city connectivity.

The Wigston property market recorded 763 residential sales in the 12 months to 31 May 2026, with a median sale price of £275,000. This places Wigston £15k above the Leicestershire county median of £260,000, and £10k below the approximate UK median of £285,000.

Prices in Wigston have been broadly stable, a year-on-year change of -0.5%. Within Leicestershire, Wigston ranks 2nd by price out of 7 principal towns, and 7th by transaction volume.

On a quarterly view, Wigston median prices moved from £250,000 in Q3 2024 to £275,000 in Q4 2025, a change of +10.0% over 5 quarters. Wigston has now recorded 2 consecutive quarters of price growth. The most recent quarter is excluded because HM Land Registry registrations for it are still incomplete.

Oadby & Wigston Borough Council, the local planning authority covering Wigston, approved 90 residential planning applications and refused 50 in the last 12 months, with 39 still awaiting a decision. That is an approval rate of 64%.

Those applications propose around 393 homes, an estimated £103.5m of development value at local sale prices. Treat the unit total as an upper bound, since an outline permission and its reserved-matters application both count.

Property prices in Wigston vary significantly by type. The table below compares Wigston prices with Leicestershire county averages and UK national figures.

Detached homes in Wigston command £380,000, while flat properties are most accessible at £120,000. The £260k spread between the most and least expensive types indicates a diverse market with opportunities across the development spectrum.

HM Land Registry has so far registered 26 new-build sales in Wigston for the past 12 months, 3.4% of registered transactions. New-build sales are typically registered 6 to 18 months after completion, so this understates current delivery and is not a completions figure.

Too few new-build sales have registered yet to quote a reliable new-build premium for Wigston.

Across the wider Leicestershire market, 695 new-build sales have registered so far. See our Leicestershire property market report for the full county picture.

The table below shows the most recently registered residential sales in Wigston, evidence of achieved prices for buyers, sellers and developers:

These transactions are sourced from HM Land Registry Price Paid data and represent completed, registered sales. The range from £205,000 to £271,500 illustrates the breadth of the Wigston market.

For developers considering Wigston, the local market data translates directly into finance structuring. With a median value of £275,000 and detached homes at £380,000, lenders can assess scheme viability with confidence.

A typical development finance facility for a scheme in Wigston with a GDV of £380,000 would attract senior debt of approximately £247,000 at 65% LTGDV. Mezzanine finance can stretch total borrowing to 85-90% of costs, while bridging loans enable rapid site acquisitions completing in as little as 5 working days.

While prices have softened 0.5% year-on-year, experienced developers can still generate strong returns in Wigston by targeting well-located sites with clear demand drivers.

Ready to develop in Wigston? Submit your scheme for indicative terms within 24 hours from our panel of 100+ lenders.

To put Wigston's market in context, the table below compares it with similarly-priced towns across Leicestershire:

For the full Leicestershire town-by-town breakdown, see our comprehensive Leicestershire property market report.