Key indicators for buyers
The LE18 market is moderately favourable for buyers. Affordability has improved from a peak of 10.7x in 2021 to 9.2x today. Rising rents (£1,018/mo, +6.4%) mean the cost of waiting is real.
Yearly averages · HM Land Registry Price Paid Data
2026averages · HM Land Registry Price Paid Data
House price ÷ median earnings · ONS data
Affordability data shown for wider Oadby and Wigston area
A home in Oadby and Wigston costs 9.2x the local median salary — stretched, improving from a peak of 10.7x in 2021.
Average monthly rent · ONS Private Rental Index
Rental data shown for wider Oadby and Wigston area
Average monthly rent in Oadby and Wigston is £1,018, up 6.4% year-on-year. Rents have risen consistently over the past five years.
2yr fixed · 75% LTV · 25yr term · BoE avg. rate
Based on the average Oadby and Wigston price of £267,704 with a 25% deposit (£67k), a 2-year fixed mortgage at 3.97% costs around £1,056 per month.
Monthly cost comparison based on current data
Uses LE18 avg. price with Oadby and Wigston rental data
Monthly mortgage payments (£1,056) are £38 more than renting (£1,018). However, buying requires an upfront deposit of £67k — it would take around 9 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
8, KENILWORTH COURT FLATS, KENILWORTH ROAD LE18 4XT | Flat/Maisonette | £117,000 | 28 Jan 2026 |
140, STATION ROAD LE18 2DL | Semi-detached | £265,000 | 23 Jan 2026 |
11, SHERBORNE AVENUE LE18 2GP | Detached | £400,000 | 16 Jan 2026 |
149, BLABY ROAD LE18 4LB | Terraced | £152,451 | 15 Jan 2026 |
3, CARDIGAN DRIVE LE18 4XE | Semi-detached | £270,000 | 9 Jan 2026 |
26, CLIFFORD STREET LE18 4SH | Terraced | £163,000 | 9 Jan 2026 |
13, LONG MEADOW LE18 3TY | Detached |
Data sources (all free & public): HM Land Registry Price Paid Data & UK House Price Index · ONS Housing Affordability Ratios · ONS Private Rental Index · Bank of England Quoted Household Interest Rates · HMRC Monthly Property Transactions
Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.
The average property in LE18 sold for £267,704 in 2026, with a median of £267,500 across 12 transactions. Prices rose 1.5% compared to the previous year.
| £460,000 |
| 9 Jan 2026 |
6, CLIFFORD STREET LE18 4SH | Terraced | £160,000 | 9 Jan 2026 |
CHURCH VIEW END, 18, GLEBE CLOSE LE18 3LU | Terraced | £405,000 | 9 Jan 2026 |
61, AYLESTONE LANE LE18 1AB | Semi-detached | £290,000 | 9 Jan 2026 |
105, BURLEIGH AVENUE LE18 1FN | Semi-detached | £240,000 | 8 Jan 2026 |
1, FOSTON GATE LE18 3SS | Detached | £290,000 | 7 Jan 2026 |
43, MARSTOWN AVENUE LE18 4UH | Semi-detached | £285,000 | 22 Dec 2025 |
FLAT 18, LAUNCESTON HOUSE, LAUNCESTON ROAD LE18 2GL | Flat/Maisonette | £124,000 | 19 Dec 2025 |
51, CARLTON DRIVE LE18 1DF | Semi-detached | £255,000 | 19 Dec 2025 |
9, DURNFORD ROAD LE18 2RG | Semi-detached | £230,000 | 19 Dec 2025 |
33, PENNEY CLOSE LE18 1AL | Detached | £280,000 | 19 Dec 2025 |
11, ELWIN AVENUE LE18 1NG | Semi-detached | £215,000 | 19 Dec 2025 |
7, FOSTON GATE LE18 3SS | Semi-detached | £170,000 | 19 Dec 2025 |
73, LANSDOWNE GROVE LE18 4LX | Semi-detached | £185,000 | 19 Dec 2025 |
The most recent recorded sale in LE18 was a flat/maisonette property on Kenilworth Road for £117,000 in January 2026. Across the last 20 sales, the median price was £255,000.