Property Market Pulse
Providing you with a snapshot of what happened in the Property Market last month
Welcome to our Property Market Pulse, your go-to source for the latest updates and trends in the property market across Oadby, Wigston, and Clarendon Park, The Knighton’s & Stoneygate.
Whether you’re a homeowner, buyer, or investor, we provide insights into current market conditions, price movements, and local developments that could impact property values in your area. Stay informed with up-to-date information on sales, lettings, and the demand for homes, helping you make confident decisions in the ever-changing property landscape.
Oadby
lE2 4 & LE2 5
Oadby’s property market is buzzing with energy this November! New properties hitting the market have nearly doubled, from 24 to an impressive 45, while sales agreed (SSTC) have surged from 15 to 25, showing a big spike in buyer demand. Price changes have remained steady, reflecting stable pricing strategies, and withdrawals have dropped from 24 to 17, indicating stronger seller commitment.
However, fall-throughs have risen (from 2 to 15), suggesting some challenges in deal completion. Exchanges have dipped from 17 to 7, but the rise in price per square foot (£323 to £332) highlights the increasing value buyers see in Oadby properties. Houses dominate the market with strong sales, while bungalows are in high demand, with all listed selling this year!
2023 v 2024
£332
average £/sqft
Listed for Sale – 38
Sold Subject to Contract – 19
Listed for Sale – 15
Sold Subject to Contract – 5
Listed for Sale – 2
Sold Subject to Contract – 1
Clarendon Park, The Knighton's & Stoneygate
LE2 1, LE2 2 & LE2 3
The property market in Clarendon Park, Knighton, and Stoneygate remains vibrant this November! While new properties coming to market dipped slightly from 43 to 40, sales agreed (SSTC) have surged from 26 to 34, reflecting growing buyer interest. Price changes have decreased from 31 to 26, showing a more stable pricing environment, and withdrawals have reduced from 29 to 25, highlighting stronger seller commitment.
Exchanges have slowed (from 31 to 18), and fall-throughs have risen slightly (7 to 11), indicating some hurdles in closing deals. However, the average price per square foot remains steady (£319 to £317), and flats are in demand, with sales doubling from 2 to 4. Houses remain the most popular, and the sale of a listed bungalow shows interest across all property types in these sought-after areas.
2023 v 2024
£378
average £/sqft
Listed for Sale – 37
Sold Subject to Contract -29
Listed for Sale – 0
Sold Subject to Contract – 1
Listed for Sale – 2
Sold Subject to Contract – 4
Listed for Sale – 1
Sold Subject to Contract – 0
Listed for Sale – 0
Sold Subject to Contract – 0
Wigston
LE18
The Wigston property market is thriving, with November 2024 showing exciting shifts! Sales agreed (SSTC) have skyrocketed from 40 to an impressive 62, showcasing surging buyer demand. Price changes have dropped from 32 to 27, and withdrawals have fallen significantly (36 to 21), indicating stronger seller commitment and market stability.
Although fewer new properties have come to market (56 to 43), flats are seeing remarkable demand, with sales jumping from 1 to 4. The price per square foot has climbed from £279 to £301, reflecting increased property value. Houses continue to dominate, with strong sales, and bungalows remain a steady niche. Wigston is buzzing with activity and opportunity!
2023 v 2024
£301
average £/sqft
Listed for Sale – 35
Sold Subject to Contract – 29
Listed for Sale – 5
Sold Subject to Contract – 1
Listed for Sale – 1
Sold Subject to Contract – 4
Listed for Sale – 1
Listed for Sale – 1
All information is accurate at the time of publication and is sourced from TwentyEA. Please note, this data reflects all property transactions within the specified postcodes and is not limited to transactions handled by Knightsbridge Estate Agents