The average property value in Oadby and Wigston is £270,720 according to property sale data for the year ending June 2021 published by HM Land Registry. Between the years ending June 2020 and June 2021, property values in Oadby and Wigston grew by £13,889. Compare house prices by area
Average property prices in Oadby and Wigston grew by 5.4% between the years ending June 2020 and June 2021. Between the years ending June 2011 and June 2021, property prices on average grew by 4.5% per year.
If prices in Oadby and Wigston continue to rise by 4.5% a year, the average property price will be £323,286 in 2025.
There were 750 property sales in Oadby and Wigston in the year ending June 2021, an increase of 73 when compared to the previous year.
The average price for a house in Oadby and Wigston ranges from £176,203 for a terraced house to £380,326 for a detached house, with semi-detached in between costing on average £241,149.
The average price for a flat or maisonette in Oadby and Wigston is £107,000.
Price trends for small areas may be less statistically significant due to small sample sizes.
Of the property types in Oadby and Wigston, semi-detached house prices have risen the most between the years ending 2011 and 2021, and flat prices have grown the least.
Detached house prices have risen 45.9% from £260,608 to £380,326, semi-detached house prices have risen 62.7% from £148,236 to £241,149, terraced house prices have risen 55.2% from £113,548 to £176,203, and flat prices have fallen 14.2% from £124,657 to £107,000.
The most common type of property sold in Oadby and Wigston during the year ending June 2021 was semi-detached houses, which accounted for 46.5% of properties.
The least commonly available type of property sold in Oadby and Wigston were flats, which account for 2.3% of properties sold.
Of the properties sold in Oadby and Wigston during 2021, 3.2% were new build properties.
The average price paid for a new build property in Oadby and Wigston was £135,764 higher than the average price paid for an existing property.
Of the new build properties sold, the most common type was detached houses (100% of new build properties sold). For existing properties, the most common type is semi-detached houses (49% of existing properties sold).
The most common price band for property sales in Oadby and Wigston is £200k - £300k, which accounted for 30.1% of properties sold in 2021.
0.4% of properties in Oadby and Wigston had a price over £1 million. For comparison, in England, 2.1% of property sales were priced at over £1 million.
The cheapest properties in Oadby and Wigston were in the £50k - £100k price bracket, accounting for 0.4% of sales.
Average property price
YoY change in price
Average Property Price
YoY CHANGE in PRICE
Source: Office for National Statistics licensed under the Open Government Licence v.3.0. Contains OS data © Crown copyright and database right 2021. Data sources: ONS Local statistics