Oadby and Wigston property market
In Oadby and Wigston (East Midlands) the average private rent is £1,024/month (ONS, May 2026) and the average house price is £259,309 (HM Land Registry, April 2026). That puts rent 26% below and house prices 4% below the UK average. The gross rental yield works out at 4.7%.
- Average rent
- £1,024/mo
- +5.2% YoY
- Average house price
- £259,309
- -2.8% 12m
- Gross rental yield
- 4.7%
- UK avg 6.1%
- Price-to-rent
- 21.1
- UK avg 16.3
Rent vs buy in Oadby and Wigston
The average home in Oadby and Wigston costs about 21.1 years of average rent (price-to-rent ratio 21.1), compared with 16.3 for the UK as a whole. On this market-level signal, buying looks relatively more expensive here than the UK average. This is an arithmetic ratio of the two official figures above — a market indicator, not personal financial advice.
Go deeper
- Rent in Oadby and Wigston (1/2/3/4-bed breakdown)£1,024
- House prices in Oadby and Wigston (by property type)£259,309
Nearby areas in East Midlands
- North Northamptonshire£984/mo · £254,495
- South Kesteven£838/mo · £258,553
- South Derbyshire£874/mo · £258,893
- Hinckley and Bosworth£926/mo · £265,209
- Charnwood£955/mo · £275,765
- Blaby£982/mo · £282,579
Frequently asked questions
- What is the average rent in Oadby and Wigston?
- The average monthly private rent in Oadby and Wigston is £1,024, according to the ONS Price Index of Private Rents (May 2026), +5.2% over the past 12 months. The UK average is £1,383.
- What is the average house price in Oadby and Wigston?
- The average house price in Oadby and Wigston is £259,309 (HM Land Registry UK House Price Index, April 2026), -2.8% over 12 months. The UK average is £270,080.
- What is the gross rental yield in Oadby and Wigston?
- Dividing the average annual rent (£12,288) by the average house price (£259,309) gives a gross rental yield of 4.7% in Oadby and Wigston. This is a "gross" figure — before voids, management, maintenance and tax. The UK-average gross yield on the same basis is 6.1%.
- Is it cheaper to rent or buy in Oadby and Wigston?
- In Oadby and Wigston the average house price equals about 21.1 years of average rent (price-to-rent ratio 21.1). A higher ratio leans toward renting being relatively cheaper month-to-month; a lower ratio leans toward buying. The UK-average ratio is 16.3. This is a market-level signal, not personal financial advice.
Rent: Office for National Statistics — Price Index of Private Rents, UK: monthly price statistics — edition 17 June 2026, reference May 2026 (ONS PIPR). House prices: HM Land Registry — UK House Price Index (UKHPI), reference April 2026 (UKHPI). Both © Crown copyright, licensed under the Open Government Licence v3.0. Gross rental yield and price-to-rent ratio are computed from these two figures.